SUIUSDT is showing a potential cup and handle formation, indicating a bullish outlook. The cup phase has completed, and the handle is currently forming, expected to end around the accumulation zone. The target price, derived from the pattern, suggests significant upside potential upon a breakout. A crucial stop loss level is identified below the accumulation zone...
Gold is exhibiting a bearish trend on the daily timeframe, having recently formed a top. However, a minor upward movement is expected as the price touches the ascending channel resistance and completes the Elliott Wave's 5th wave. Subsequently, a bearish reversal is anticipated, leading to an ABC correction pattern following the bearish price action.
Take a look at our analysis for GOLD. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 2,436.365. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 2,398.658...
My dear followers, This is my opinion on the TESLA next move: The asset is approaching an important pivot point 177.57 Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 174.77 About Used Indicators: For more efficient signals,...
hey guys heres what i am looking at on GA. with the pound strength over the Aussi, and a beautiful hand and shoulder pattern being formed, i am expecting price to go the upside. personally i am long on GA.
Dear colleagues, I think that the price has either already completed or is about to complete the impulsive movement in wave “1”, so I expect the beginning of correction at least to the area of 38.2% Fibonacci level 5205. It is quite possible that the price will update the high and reach the area of 5375 before starting the correction. Manage your capital...
XI/USDT has broken out of a downtrend trendline and is currently experiencing a pullback towards this zone. The trendline is holding firm as a solid support level, presenting a buying opportunity. It is advisable to place a stop loss below the previous all-time low (ATL). I do not recommend using leverage for this trade. The stop loss level and the expected...
I don't think It will give you a chance to buy in a big retracement. It doesn't look like touch the low again and check the support(Yellow line) so you can set buy on here and set a stop-loss appropriately. Trend is so bullish that it will touch weekly resistance zone. There is a difference from other altcoins.
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Dear Colleagues, I believe that the upward movement is not over yet. If we look at the wave pattern, we can see that the price has gone through 5 waves in the impulse “3”. This means that there should be an upward wave “5”. Therefore, I expect a correction to the area of 2402.732, after which I expect the price in the resistance area of 2455.145. Thus the...
ALL trading ideas have entry point + stop loss + take profit + Risk level. hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are...
Dear colleagues, I believe that the five-wave momentum is not yet complete. I expect a correction in wave “4” to the area of 1.08270, then the continuation of the upward movement to the area of 1.09501. Thus, the price will complete the wave “1” of the higher order. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Silver has printed very clear bullish Wolfe Waves on the weekly and monthly charts and it has reached the target of this wave pattern which also coincides with a hefty supply order block / resistance. Something to take into consideration.
Hi traders, Last week XAUUSD went up again. I think this could be the end of the X-leg. So for next week we could see another drop to finish the bigger complex pullback. Let's see what price does and react. Trade idea: wait for a change in ordferflow to bearish to trade sells. At the moment it's still very bullish. If you want to learn more about trading with...
Now that the AMC hype train has died down, I can start positioning on some lower risk trades. Been waiting to see this pop. As long as we dont gap up on open, I'll be taking some here at the 618 - tight stop. If stopped out, will look for rebuys near pivot high. Any break of that and Im out. Simple. Ez. Smooth 😎
Looking for price to drop down and break my CHoCH zone, which will be my sell entry zone. Prize can make a retracement back to the CHoCH zone and then continue to drop more to the downside.
Hello dear friends, I hope you are all well. Important note: First, read the previous analysis I shared on Solana, then proceed to this analysis. For several reasons, I see Solana as bearish: 1. Thankfully, the previous wave count analysis was correct (meaning it completed the 5 main Elliott waves and then entered the corrective phase). One thing I realized...
#GOLD... Perfect move as expected. Now market have 2325 to 28 as immediate supporting area guys. Keep close that region and if market hold that area then again upside firether move expected. Keep in mind guys that that will be your cutt n reverse area on confirmation .. Good luck Trade wisely