xyzfinance

xyzfinance Updated 

*** I'm not an Elliot Waves expert *** As you see, price reached top of Blue channel with divergence in RSI. Also this should be end of 4th wave of correction wave C, and price is also under an smaller trendline. So I expect the price to go down more until 14000 for first level.

xyzfinance Updated 

Price broke the resistance and is still moving in an ascending channel. First target should be the top line of channel.

xyzfinance Updated 

Price is ranging in a channel with RSI divergence in bottom, So I expect the channel's bottom to hold once more and push the price up.

xyzfinance Updated 

*** I'm not an Elliot Waves expert *** I think this Wedge pattern should be the leading diagonal. for confirmation, I think it should be better to see the retracement (Wave 2) and then try to catch Wave 3 of both same and higher degree.

xyzfinance Updated 

I'm not an Elliot expert, I just think this way is more probable than others. If you have another oppinion, I will be thanksful to know about it.

xyzfinance Updated 

Forming the pennant near resistance level increases the chance of falling price. Also RSI shows the uptrend momentum is not strong and it may be ending. I see the blue line as the first level to reach, where you can trail your stoploss and let the price go more down without further risk.

xyzfinance

*** I'm not an Elliot Waves expert. *** I think the 3rd wave is finished, so it's time for 4th wave correction to form. Corrections are dangerous to trade, so I think the better way is to wait for 4th wave completion and then try to cath the 5th.

xyzfinance

Chainlink moved out of longterm wedge and also an smaller triangle, formed Lower High and is moving under a descending trendline. As wedge breakout shows, it has the potential to fall down near the bottom of the wedge pattern.

xyzfinance

Longterm triangle has broken and price made a pullback as a pennat. Now the pennant is also broken with madc diverged, so it may be a sign of potential uptrend in longterm.

xyzfinance Updated 

Luna is in a long term wedge and broke a mid term wedge, so it may do a pullback and then make its move to lower levels. Please be aware that I'm not an expert, this is just an opinion.

xyzfinance Updated 

Price broke the symmetrical triangle pattern and is making a pullback. We can watch for short positions.

xyzfinance Updated 

Price recently broke both longterm trendline and mid term wedge, now in a pullback it made and small triangle. I guess it should break from bottom and make some downtrend.

xyzfinance

I'm not an expert, this is just an opinion. There is no guarantee.

xyzfinance

I'm not an expert, this is just an opinion. There is no guarantee.

xyzfinance

I'm not an expert, this is just an opinion. There is no guarantee.

xyzfinance Updated 

I'm not an expert, this is just an opinion. There is no guarantee.

xyzfinance Updated 

Current up move could just be a pullback to broken support area. * I'm not an expert. This is just my opinion. *

xyzfinance Updated 

As previous downtrend was stronger than uptrend, I guess rectangle should break from bottom.