Make sure you prepare for this huge historical bullish trap on Bitcoin. Why? First, look at the price action. We have a bullish flag, that's what everyone sees. The market makers count every cent on their accounts, and this is a pretty good opportunity for them to make a lot of money by trapping retail traders. What will a typical retail trader do in this...
Gold has managed to break the Support zone($2,337-$2,318) and 50_SMA(Daily) . According to Elliott's wave theory , Gold is completing its next 5 downtrend waves . It is possible to form a Descending Channel , Gold can react to the lower line of the descending channel. I expect Gold to continue falling to the next Support zone($2,272-$2,248) . Gold...
I see this structure will continue bullish movement. Trade carefully
BINANCE:BTCUSD reaches a strong $71500 liquidity zone as strong ETH-ETF related news is released. A trap from the market maker catches the crowd off guard and now the market is ready to move on Toretically, the correction wave ends after the false breakdown of resistance and liquidity zone 71500. Bulls successfully hold the defense above the support 67241....
Hi traders, Last week EU went up on Monday, down on Tuesday and consolidated untill NFP for a big drop. I think this is the start of a bigger correction down for the E-leg. If this analysis is correct we could see another downmove next week after a pullback up. Trade idea: Wait for a change in orderflow to bearish to trade shorts after the finish of a...
One more impulse is expected on CRYPTOCAP:PEPE if price hodl the support on brown rectangle.
As I can see this pair should continue bearish movement. Trade with carefully.
OKX:TONUSDT is starting to show bullish potential. This is quite interesting for us, because, in general, the coin's potential is huge. BTC momentum could push the coin to rally. The bulls have held the defense above 5.985, forming an intermediate bottom. In the current range, the 6.45 - 6.65 area, where the maximum number of coins have been traded (bought),...
Yes I still remain bearish for this pair. Remain until invalidation level broken.
Hello friends In the USDJPY currency pair, we see a completed 5 wave. We call it wave A or 1. An ascending channel that has modified these 5 waves has been formed and we call it wave 2 or b. Now, in both cases, whether we consider 5 wave impulse or corrective zigzag, in both theories we need another wave in the dominant wave 3 or C to complete the pattern. Now,...
As I drew before I will still remain bullish for this pair.
CRYPTOCAP:DOT will be ready to target a new ATH from the $4.90 : $4.25 range in my opinion.
GETTEX:TAO will target a new ATH imo from the $250 : $300 range.
#THETA The market tells you what it's doing. Given the long drawn out correction on MYX:THETA , I'm changing my count to to this as a wave 4 instead of the more bullish interpretation of a nested 1-2. The count implies that wave 5 should resolve somewhere between $5.30 and $6.40 should it follow the ideal Fibonacci levels. Good Luck.
🎯 TL;DR Potential IH&S + W3 Target: $26; W3 Target 2: $32; High Confluence 📈 With the recent dip to $15.3, BITGET:LINKUSDT might be forming an Inverted Head & Shoulders (IH&S) pattern with a $26 target. The 50VWMA is acting as support in this area, and TD Sequential printed a Perfect Buy Setup (red M9) yesterday, offering additional confluence. This retracement...
As I can see gold will continue bearish. Trade with your risk .
Hi traders, Last week Bitcoin finished the triangle (wave 4). After that it went up just like I've said in the outlook. But after NFP it dropped. So now we could see another downmove to finish the correction and after that a rise for wave 3 (orange). But if the downmove goes under the red trendline, the wavecount is invalidated and wave 4 (grey) could be...
Senhores, tenho buscado aprimorar minhas leituras gráficas, de forma mais séria e assertiva possível. Tenho buscado formas de encontrar o final e o início de cada onda do Ciclo, segundo a teoria da onda de Elliott, e uma forma que encontrei de corroborar este ponto foi o cruzamento de alguma VWMAs. A confirmação se dará com a observação da formação da onda A,...