- On the weekly chart we can see a beautiful ascending triangle - one of the most bullish pattern. - If we take a look at the volume indicator - there is a massive volume spike, which is positive. - The first impulse wave has been completed (hard to catch), but it doesn't matter, because the third wave is usually the strongest! - You can buy a breakout above...
- On the weekly chart we can see an ascending triangle - the most bullish pattern! - Great opportunity to 24x your capital in upcoming weeks/months. - If we take a look at the volume indicator - bullish volume is definitely higher, which is great. - The price is now above the 200 weekly moving average. This MA is considered as a strong support by huge...
- ATOM on the weekly scale successfully completed ABC correction, so if you are a bull, you can definitely buy for a longterm. - VPVR - volume profile acted as a support. - If we take a look at the MACD indicator, we can see a bullish tick (histogram), which is definitely a good sign too. - Look at my ideas about another interesting altcoins in the related...
- As per my Elliott Wave analysis on the weekly chart - this coin looks very strong and we should experience more bullish sentiment. - We are currently in the huge impulse wave 3, subwave 4. - If we take a look at the volume , pretty much no one is selling, which is a good sign. - 200 weekly moving average is considered as a massive support by big instituions...
- On the weekly/3D chart we can see a parallel channel and the price is currently on the support of the channel. - Due to my Elliott Wave analysis - the ABC correction has been completed successfully and now we are prepared for another bullish market! - 0.618 FIB is the strongest FIB level and the price si currently sitting on this level. - If we take a look at...
- On the daily chart, we can spot a falling wedge and the price is currently above the wedge. - Due to my Elliott Wave analysis, the ABC correction should be completed and we are ready for a new bull market! - You can buy a breakout above the black tripple top resistance line. - If we look at the volume indicator - we can see a huge bullish volume spike, which...
- XRP on the daily chart looks like it wants to start a pump very soon! - We have a parallel channel (on the daily chart ) that is very close to break up. - Due to my Elliott Wave analysis - the Impulse wave should be completed and now I am expecting at least a retracement. - The trendline (from March 2022) is now definitely broken, which is a good sign...
- On the daily chart we can clearly spot a descending channel , which is very close to a bullish breakout! - If you take a look at volume , we have a massive bullish volume spikes - always good to see. - 200 weekly MA is actually acting as a resistance, but if the channel breaks up, then the MA will too! - Due to my Elliott Wave analysis - 12345 Impulse wave...
- As per my Elliott wave technical analysis on the weekly chart - we can expect a retracement (ABC) in the immidiate short term. - But in the long term bitcoin dominance should go down and make a new lows. - We have a descending triangle , which is a bearish pattern (on the weekly chart). - If you are an Elliott wave trader, please submit your analysis below,...
- As per my Elliott Wave technical analysis - it looks like the massive impulse wave can be completed and we are now headed to a retracement. - On the weekly chart we have a shooting star - bearish candle with a long wick ( PIN BAR )! - If we take a look at the RSI indicator on this chart, we can see a bullish divergence , which is a pretty strong bearish...
- It is a common thing to test the previous all time high (in this case from 2018) on the weekly chart. - Last weekly candle has a huge wick, which is definitely a good sign for all bulls! - 200 moving average is a strong support and the price is currently sitting on this level, which provides us with a good buying opportunity. - 0.382 FIB retracement is also a...
- On the daily chart we can see a nice falling wedge / descending triangle, which is very close to a bullish breakout! - We have a local double top above the wedge and we can definitely buy a breakout above this level for a confirmation trade. - 0.618 FIB + End of the Wave 1 + End of the Wave 4 is the next resistance, so you can setup your profit target here. -...
- As per my Elliott Wave analysis on the weekly scale, we have 2 impuls waves successfully completed and now we are missing the final impulse wave! - ABC correction (Wave 4) can be done, because wave 4 should not overlap the first wave. - 200 weekly moving average is currently acting as a very strong support! - Also the price is currently sitting on 0.786...
- Bitcoin on the weekly/3D chart is currently sitting on the main support: Previous 2017 Swing high + 0.786 FIB + ABC correction completed! - We are also forming a falling wedge pattern, which is definitely a good sign and can lead to a new bullish trend. - As per my Elliott Wave analysis - ABC correction should be completed successfully! - If you check the RSI...
- This is the weekly chart for ETH - analysis since the big covid crash in 2020. - Wave 1 and wave 3 created ascending channels during their move, so we should count it as waves 1 and 3. - It means that we should expect a last 5th big wave to the upside! - 0.618 FIB extension (wave 3 -> wave 4) is around 21 000 USDT. - ABC correction can be completed (wave 4)...
- XRP is currently sitting on the tripple support support (Horizontal + Trendline + 0.618 FIB) on the weekly scale, which should provide a very good buying opportunity! - Also we have a symmetrical triangle that will break very soon. - Bearish volume is very low on the weekly chart as you can see. - Due to my Elliott wave count, we can be done with this pretty...
- On the weekly chart we can spot a huge falling wedge - bullish reversal pattern! - If you take a fibonacci retracement from previous low (3000 USD) - we are currently sitting on the 0.618 FIB level! - I think the drop below 28k was a capitulation event to kick out all stop losses and trigger liquidations. - ABC correction from all time high is now completed...
- We have a huge parallel channel on the daily chart. - Also inside this channel, we have a falling wedge - bullish reversal pattern. - If you take a look at RSI indicator, you can spot a bullish divergence with higher lows on the oscillator! - Due to my Elliott Wave count, we have finished an Impulse wave. - 0,618 FIB retracement is a strong SUPPORT and we are...