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...
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),...
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...
One more impulse is expected on CRYPTOCAP:PEPE if price hodl the support on brown rectangle.
Hi everyone, i know i haven't posted any ideas in a very long time but i decided to do this again, this time however there will be at least 5 new ideas every week. Today's idea is about Alephium. As we can see Alephium just completed a 6 month long Elliot Wave Cycle which brought the price from $0.414 so $3.829 ( +2500%) followed by a retracement back to...
FX:USDJPY fell under the correction wave, which was caused by the liquidation of buyers based on the change in the fundamental sentiment of the dollar index. It didn't last long. Buyers liquidation on the back of strong bullish trend. (A big player collects the position) In general, both technically and fundamentally, the situation remains unfavorable for...
FX:XAUUSD is manipulatively declining and catching buyers by surprise (liquidation) before the news. Price may start a strengthening phase from strong support (2330-2325) on the back of weak dollar Traders are waiting for NFP to be released at 12:30 GMT. Yesterday, the market received 229K on Initial Jobless Claims, which generally gives hints of a possible...
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,...
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,...
Looking for Impulse Up. DXY moving up with continuation pattern. It completed 5 legs too. It's important to have your own rules on RR and adhere to them. This trading idea is intended to assist you and enhance your knowledge. If you have any questions, please ask me in the comments. Learn & Earn! Wave Trader Pro
Disclaimer: I don't have a fundamental basis to actually believe in this scenario, but what I see on the chart I see on the chart. With that out of the way, the shown scenario of an impulse followed by a rather big flat correction, which might be done now, would be extremely bullish, since it would suggest new all time highs (that would be a 13x from here at...
CRYPTOCAP:DOT will be ready to target a new ATH from the $4.90 : $4.25 range in my opinion.
#FET Long Term Forecast When NYSE:FET , MIL:OCEAN and SEED_DONKEYDAN_MARKET_CAP:AGIX merge into CSELK:ASI next week, I don't expect there to be much deviation from price. Especially given NYSE:FET holders are going to get 1:1 for $ASI. It all depends on where CSELK:ASI lands in the wave up, which is supposed to be in the next week. A more...
Gold seems to have succeeded in breaking the Resistance zone($2,373-$2,353) . According to the Elliott wave theory , Gold still needs to increase to complete its 5-wave uptrend. I expect Gold to start rising again after the pullback to the resistance zone and go up to Potential Reversal Zone(PRZ) . Gold Analyze ( XAUUSD ), 15-minute time frame ⏰. Do not...
BTC leads, the rest follows? This is ETH against BTC, not USD! So as long as BTC doesn't do a big dump, it sure looks like ETH might push next. With BTC being close to ATH and ETH still missing another 30% just to get to ATH (in USD), that does seem plausible enough. Going by this projection though and assuming at least a stable BTC at the current levels...
GETTEX:TAO will target a new ATH imo from the $250 : $300 range.
Go short Gold @2355 with Limit order SL: 2415 TP: 2995 Risk to Reward: 1:1 Win rate: 33% Profit factor: 3
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....