A quick look at GBPNZD suggest that the price action highlighted in green does appear to be a three wave decline followed by a three wave rally. This will ultimately see a five wave decline which appear to be underway. The target sits around the previous fourth wave with confluence of 38.2% retracement of the five wave advance. Trade safe and happy xmas.
While going through the popular ideas in trading view, I come across MATIC and I felt I should share my wave count on this coin. While the publisher uses conventional technical analysis it is worth mentioning that it come with a lot of shortcomings which the wave principles did indeed provide. For example, the region highlighted in green does does constitute a...
Following the high in mid February the price action have been majorly sideways. From Elliott perspective, triangles are sideways movement that are usually followed by a thrust once completed traveling approximately the widest part of the triangle when project backward. We have an initial five wave rally to traded above the extreme of D and have ultimately been...
This unique market offer a possible buying opportunity in coming days. The price chart currently have some clusters of support ranging from the one provided by the wave principles as regarding Fourth wave correction, trend line and low volume node for profile analysis of the third wave advance. Remember to manage risk.
Its been a while that NUUSDT made the headline among top gainers after rallying several hundreds percent depending on the exchange. Moving forward we have since traded in a very tight range and am working a possible combination with the last wave C decline possibly under way from the intra day basis. The volume have also dried up which will lead to expansion in...
Take a moment and look at the price chart. Without a doubt you could tell there is potential trade opportunity. My preferred method of analysing the market remain the wave principle. But even from technical perspective one could tell the trend is up as the market tend to make impulsive moves to the upside and correct towards the trendline then reverses up. The...
The price chart clearly depict a simple yet effective strategy to trade the crypto market. We see an upward rally from The time it was lauch for few days which was eventually accompanied by a corrective rally. And a smaller rally of smaller degree that found support along the base channel. Traditional technicians will call this a trend line trading which simply...
The price chart show the potential trade setup for FLMUSDT... The market is a typical example of accumulation zone ready for breakout. It shows typical impulsive structure followed by correction and the confidence has further grew considering the fact that the market adhere to the lower boundary of the upward channel.
The first time I heard the phrase I wonder how true can that be, then I remeber that studies has shown that 95% of traders loose money. How fascinating it is that we are at an interesting point in bitcoin and most of the analysis I have come across a bullish so to say. However, if we examine the chart closely from the high of 57000 we have traced out a five wave...
From Elliott perspective you always no for sure if there is money to be make in the market. This chart present a possible trade setup for dydxusdt on the short time. The Fibonacci clusters is around the $16.00 usd thus offering a possible zone for reversal trade setup. Trade with caution and dont forget to leave a thumps up if u like and appreciate this simple trade setup.
TRUSUSDT is one of my favourite coin due to some of the powerful moves we have seen in the past. Recent price action suggest that the final fifth wave rally is underway. A break above the 0.72 will further confirm this claim. Endeavour to manage risk and trade safe.
From June 22 low of 28805, BTC have rallied it five wave sequence to it current high of 62933. What is interesting about this chart is a few guidelines on the Elliott wave model that has been satisfied suggesting a counter rally is indeed imminent. 1. First the wave two decline unfolded as a flat correction while that of wave four unfolded as a simple zigzag...
A break above 0.091 is the confirmation to buy. From the low, we have a clear five wave sequence followed by three wave correction that unfolded as a double zigzag and also tend toward equality. Trade safe
Recent price action in shibausdt is characterized by a period of consolidation. Is there more upside? As far as the wave principles and guidelines are conern evidence suggest we still have more upside.
The chart of IDEXBUSD present a good buying opportunity if the market decline to the 38.2% Fibonacci which is the most common for a fourth wave decline. In addition, Wave A of the developing ABC decline will equal C within the range giving us a Fibonacci clusters. One interesting thing that also caught my attention is the volume profile of the advance from origin...
Keep an eye on this key levels I have marked with green dotted lines. A break above 2.95 and subsequently 3.30 suggest that the 3rd of 3rd of 3rd is unfolding. Trade safe
Keep an eye on this key levels I have marked with green dotted lines. A break above 2.95 and subsequently 3.30 suggest the 3rd of 3rd of 3rd is unfolding. Trade safe.
BUYUSDT just breakout of a declining trend channel and the stage is set for a third wave advance to the upside. A target of 0.5 is most likely over the next couple of few days..