3-WAVE
going for $8.60 around #ET #ET going for $8.60 approx the first target. 2nd target is higher to 5th wave
Bitcoin's Ascending Triangle - Week 14Bitcoin's Ascending Triangle - Week 14
As you can see I believe Bitcoin is in the endgame of an Ascending Triangle since March.
I'd be looking for Longs at the 0.5 & 0.618 Retracement of the current move. (Around 58k)
Estimated Top is still at around 68k - 74k.
BTC heading towards 70k+Two charts side by side
Chart broke stride at A)
We then ranged and formed a descending channel which ended at B)
Strong demand came in a seen by the selling climaxes at B) (Look at volume)
At C) we see a triple bottom
D) Is the breakout of the range - most likely will close above horizontal dotted line
Expecting a continuation upwards therefore will add to spot position on the break of double top at E)
If you have any questions, let me know :)
Have fun trading
- Jeremy
Reliance - Elliott wave analysis - ABC zigzag down as (Y) It is in B wave correction of ABC zigzag down of (Y) wave as expected earlier. It is probably go higher up to 2100-2140 range before it start C down.
LT - Elliott wave analysis - 5th wave up It is in 2nd of 5th wave up and the stop loss for the set up is 1359.25. It will go above 1600 to finish the cycle.
$WAVE from 13 to 20! 🏄🏻Hey Ho
lets goo
what is wave? you don't know..! ok stop the song
Waves is an open blockchain protocol and development toolset for Web 3.0 applications and decentralized solutions, aiming to raise security, reliability and speed of IT systems. It enables anyone to build their apps, fostering mass adoption of blockchain.they are on fire now
tg 18.2-18.5-19-20 sl 17.5 17
now play the song
Hey ho
lets go
ETH Next Leg UPIF this flag is what is currently playing out, confirmation on impulse from (e) and breakout above (d). My count on the ETH outperformance of BTC puts us to the top of the inclining hourly channel in about 14 days. Coincides nicely
with confluence of resistances (Hourly Channel, Inclining Red Trend, Fib Extension from the base of the 1st move).
After this wave we might expect a retest of the daily inclining channel midline (blue).
Good luck out there!
Wolfe Waves Example!This is not a forecast or a signal! it's just an example of an occasion which a pattern like Wolfe Waves worked well !
This chart has almost followed the rules of Wolfe waves , unless the first point is not exactly on the right place!
1st point: Start of the wave
2nd: First top of the channel
3rd: First low of the channel
4th: Second high of the channel regarding thee pivots!
the next 2 pivots are useless since they are not a place to be considered as a Wolfe waves' points!
5th point: as it should be broke to channel!
Open Trade: OT is breaking back to channel!
Stop Loss: SL is just below the 5th point in long option and reverse of it, in short trades!
I personally distinguish the pattern so late! but the Wolfe waves is a great way to find very profitable trades which is not so trending in these days
XRP Weekly - EOY OutlookBeen a great week for XRP finally reaching $1 again.
Was anticipating one more dip before such a push, though I don't believe it is out the question just yet, over $1.30+ then yeah we gone.
For now, a wave 4 correction is possible, should we start seeing moves lower along with bad news to aid this, people buying now will not want to touch XRP again.
If / When we correct back to sub .30, this would be a great opportunity to buy before a huge 5th wave, which is normally the biggest & fastest.
For now, we can be grateful we got in around .20, been a great ride so far.
BTCUSDIt is completing the final waves of the end triangle. Wave 4 price correction will begin soon.
ST UUUU PositionMy ST UUUU trade is about to enter it's most bullish phase to the top of the megaphone channel (red inclining resistance) ...
Upon reaching this resistance it will have cleared any meaningful overhead resistance left from the bear market.
This phase will be an amazing ride for the short, medium and long term. You can see my position as shown, I would consider adding on this pullback and would not expect lower prices in the medium term.
CAKEUSDTHello friends, if the resistance fails, the above goals can be considered
Your comment encourages me
1inchHello friends, if the resistance breaks, $ 6 can be considered up to the target of $ 10 and then $ 15 and $ 20 for this currency
Comment ?
SandP Final Rally Leg Up? Expanding Megaphone!How high could it fly? Expecting 4130-4144 tar. Maybe it already topped? We'll soon find out!
The megaphone is ominous, could get correction back to support at 3800, or less, if it plays the horn.
Not investing advice; trade at your own risk; GLTA!
vsysusdtHello dear friends and followers
The coin may choose three ways to start the fifth wave of Elliott
1. If the correction is up to 24% of the third wave, the price can go up to the previous level of 0.21043.
2. If it corrects up to 38%, we can consider the price of 0.14343 at the end of the fifth wave.
3. If it corrects up to 50% of the third wave, we can consider the price of 0.10611 for the fifth wave.
what is your opinion ?
A Running Triangle in Bitcoinmeasuring the thrust of the triangle we can project an upside target for the bitcoin at 72000 levels for the medium term
Once the Wave-E ends, we can see an upside thrust for wave-5
subscribe to wolfanalyst where I explain how to identify and project future prices for any financial instrument using the elliott wave principle
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EURUSD Trade Idea (Need Some Correction to Continued More upEURUSD we see makret is making a B formation after a successfull ABC pattern, now in this B formation market starts to move up take an inner correction and then more up to the desired direction
EURJPY: Undecided Yet !On EURJPY, price has invalidated our previous analysis by almost reaching the top of the A-corrective wave, so here are our 2 possible scenarios:
1. Up then Down: Price can reach the resistance (130) then dive downward and break the down trendline.
2. Wave Respect: Price can still validate our previous analysis if the A-wave isn't reached by the B-wave and thus the price would break the down trendline and when the price reaches the support have a new Long position there.
Until then, Trade Safe and Best of Luck !
Ending Diagonal on BitcoinI don't think this is *THE TOP* but it is *A TOP*. Bitcoin has historically always returned to the 21 Weekly EMA before making a push higher, and we have not done that since the 10k breakout last year. Working theory is that this is a rising wedge/ending diagonal which is corroborated by the declining volume and volatility alongside bearish RSI divergence on the daily and weekly chart.
Be careful in this range as ending diagonals tend to reverse rather suddenly and violently with few bounces for underwater longs to escape liquidation. I've drawn in what is known as a "throwover" on that last pump that crosses the upper trendline in a false breakout. These are common in ending diagonals and definitely worth watching out for since crypto tends to move towards the extremes.
I fully acknowledge I could be wrong here, and this could be some kind of bullish wedge consolidation, but the Risk:Reward in this range is not great for me, and I would rather buy after a substantial pullback.
EW on $SUPERStill a beginner with the EW theory but if I used the fibs correctly, the wave 3 target could be around 6 dollars. Everything is possible in this bullmarket and SUPER could still have it's run.
📚 The Perfect Impulse - Correction - Impulse 📚NZDUSD has recently given us the perfect impulse, correct, impulse move, which is probably our favourite pattern to trade.
The market moves in waves. There's an impulse wave, followed by a brief period of consolidation/correction where buyers and sellers accumulate their orders. This is often followed by another impulse wave in the same initial direction as the first impulse.
The great thing about these patterns is that we can have a clear stop placement, which is above the correction. If you have a closer look at this chart, you will be able to notice various impulse waves followed by corrections.
Do your best to find them in your trading!
