In the continuation of the daily time frame analysis, after the break of the trigger line and pullback to the broken structure, RUNE had a growth in accordance with the movement path, which again showed a positive reaction to this trigger line after correction. 💎 But in the 12H time frame, due to the momentum and upward guard and support in the green box, it can...
According to the previous analysis, now with more than 110% growth since the time of the analysis, which is in the ascending wave 5, it can continue until the area of 2.618 or the next supply area of this extension of the wave, which will reach the major ceiling area, which is an important supply area. It will be and after that I expect a correction wave after...
First Dogs then Apes and now its Frog mania ! Gentlemen welcome to crypto world. Pepe just hit a new ATH The price of Pepe is $0.00000075 today with a 24hour trading volume of 140 million dollar. This represents a 125% price increase in the last 24 hours and a 1260% price increase in the past 13 days PEPE is a memecoin launched on Ethereum. The cryptocurrency...
Our USDCAD analysis suggests a downward trajectory as the pair completes a corrective pattern marked as Wave (b). Observing the Elliott Wave structure, we are currently at the start of Wave (c), which typically follows Wave (b) and could extend significantly downward. The chart indicates that Wave (c) may target the 0.618 Fibonacci retracement level at 1.36079,...
I've been scrutinizing the EURUSD chart and it looks like we're seeing a compelling setup for a potential short. According to Elliott Wave theory, the pair has recently completed Wave (3) and is beginning to form Wave (4), which is typically a corrective phase. Currently, the price is oscillating and could retrace to key Fibonacci levels associated with Wave (4)...
If you haven`t bought the dip on BIDU: Then Analyzing the options chain and the chart patterns of BIDU Baidu prior to the earnings report this week, I would consider purchasing the 120usd strike price Calls with an expiration date of 2024-6-21, for a premium of approximately $2.47. If these options prove to be profitable prior to the earnings release, I would...
I've been closely monitoring USDJPY and the pair shows promising signs for a bullish continuation based on Elliott Wave analysis. From the chart, we can observe that the currency pair has completed Wave (4) of its cycle and is gearing up for Wave (5). Wave (5) is often the final push in the direction of the prevailing trend, and based on Fibonacci projections,...
I'm currently examining the BTCUSD chart and have identified a compelling pattern suggesting bullish momentum. We've recently completed a classic Elliott Wave sequence with the price completing Wave (4) and gearing up for Wave (5). Wave (4) ended near a strong support level, setting up a great scenario for Wave (5) to take off. I'm projecting potential targets...
Today, I'm analyzing the US30, and my Elliott Wave analysis suggests we might be nearing a pivotal moment for a potential downturn. From the chart, we've seen the US30 follow a clear Elliott Wave pattern, culminating in what appears to be the end of the fifth wave. The market seems poised for a corrective phase, which typically follows after completing an impulse...
BINANCE:BTCUSDT experienced a drop from the resistance level, tested the support level, and rebounded successfully. The market continues to find support within the range of 60000 to 61000. Currently, the market is moving within a descending channel, but I believe it will break out and move upwards as the overall trend is bullish. There is a consolidation zone...
BINANCE:ETHUSDT has broken and closed above the downward channel, marking a bullish sign. After forming a consolidation zone, it temporarily made a fake breakout before taking liquidity below the 2900 level. Currently, the market seems to be heading towards the key resistance level at 3000. I think that the market is prepared to break and close above this...
The price hit the HTF supply zone and had a bearish reaction, creating the buy-side liquidity alongside the bearish FVG in the premium, so we can expect the price to hit the bearish FVG and collect all the buy-side liquidity and then come down for sell-side liquidity. In this scenario, I like to see speed when the price sweeps the liquidity above the old...
With no news injections today I would stay on the side lines. We have Daily Wick level in conjunction with a 1hr FVG which if Crude Oil is substantially bearish should respect leading upto NY open and CME open. The overall bias for me is still bearish with weekly ssl in the lower half of the charts marked with a magnet. This is the draw and what I will be waiting...
The descending triangle pattern played out perfectly in the my last weekly forecast. The OANDA:XAUUSD market has had a strong rally on the last 2 trading days and looks poised to continue consolidating in the range. The support level at 2300 remains a key level, with bulls likely to step in on any pullback. Next week attention will also be on the resistance...
FX:AUDNZD has broken through the range zone and has created new extensions. It is currently hovering around the key level of 1.1000. The market appears to be in an accumulation phase, suggesting a potential upside move that could result in new highs. As the price consolidates, I anticipate a pullback to a support level followed by an upward move to retest the...
The price has recently reached a strong resistance zone, noting previous sell-offs in that area. It appears that we may see more sideways movement as summer approaches. Looking at the FX:EURUSD chart, we can see lower highs and higher lows forming a triangular pattern. And the market is currently testing the key resistance at 1.08000 and the channel boundary. On...
Hey dear members hope you all are enjoying our ideas and analysis. Now we are here to discuss about RUNE RUNEUSDT Already on the way as predicted. Gain 20%+ so far. We can expect good move in coming days ✍
Soaring demand for the chips needed to train the latest wave of generative artificial intelligence systems such as ChatGPT led Nvidia to issue a revenue forecast far ahead of Wall Street expectations, prompting a surge in its stock price in after market trading. The US chipmaker on Wednesday said it expected sales to reach 11bn dollar in the three months to the...