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E-wave

Bitcoin in for a large correction. Where to next?My previous idea seemed correct when it dipped, but BTC ended up going much higher. However it still needs to retest the upper red trendline to confirm it as support. If it does, we have just completed the first Elliott Wave of this bull run. This also allows us to see what the next levels will be with Fib extensions, assuming it keeps going up after this correction. The next levels according to the Fib extension are approximately 91000, 144000, 196000, and 229000
Short
by dontdaytrade
EURAUD - Keep move in the rising price channel (1W)!Overview: - 1W frame: The uptrend started in late July 2012 and shows no signs of stopping. The current price is hitting the support of this bullish channel - 1.57$ - 1D frame: The downtrend started in mid-March 2020 and is accumulating at the bottom of the channel. Divergence signals appear when the price goes against the direction of the MACD line (3 peaks confirmed). I anticipate this pair to rise in price this year and next. Target: 1.85$ Above is my personal opinion, I do not encourage anyone to follow suit, please manage your money, Good luck! Xin Liar
Long
by XinLiarBaby
1
ETHEREUM Bullish Correction (Neo Wave Analysis) Learn NEO WAVESHi Again Everyone, Anyone familiar with the modern Elliot Wave Theory. Its called Neo Wave and involves a reflection of the market data that better reflects todays modern markets rather then the 80's stock markets which better fit with Ralph Nelson Elliot's Elliot Wave Theory. It adds a more scientific approach to market price movements. Have you noticed the wave counts in todays time are harder to decipher when compared to charts from say 20-40 years ago? This above picture I have wave counted for ETH/USDT applies some concepts that Glenn Neely (Founder of Neo Wave) depicts in the modern day markets where wave B exceeds the commencing price point of wave A. Typically this can be seen as the "impulsive" strength of the larger fractal. Indicating that we are about to see an incredibly bullish impulse from ETH once the correction is complete. This potential wave count will give the trader the best chance of catching the bottom of a correction if your homework has been completed correctly. This to me looks valid and waiting for confirmation to take an entry on verifying Wave C completion. I have just witnessed this and executed a trade in EOS/USDTPERP which netted me a 150% gain with leverage in just 3 hours. Take a look at EOS/USDT and I urge you to take a look at the correction that occurred before the most recent bullish move upwards to the $5.40 USD (14/02/2021) and see how modern day corrections are changing the way we treat Elliot Wave Theory. Wave C even finishes above the start of Wave A on EOS/USDT. That's how Bullish EOS is at the moment. Please note this is not Financial Advice and DYOR as usual. Thanks, Husky
Long
by Husky2795
BUY Setup - OCUL Breakout Trade in to wave 5Here we have another stock with a lovely wave 3 up a nice not too complex wave 4 down price has squeezed into a tight box allowing us to take a tight 3 dollar stop Entry Price $21 Stop $18 (or maybe even 18.50) Target 1: $23.50 Target 2: $26 Fingers Crossed!!! Company Profile Ocular Therapeutix, Inc. is a biopharmaceutical company, which engages in the development and commercialization of therapies for diseases and conditions of the eye. Its product pipeline includes Dextenza, OTX-TP, and OTX-TIC. The company was founded by Amarpreet S. Sawhney and Farhad Khosravi on September 12, 2006 and is headquartered in Bedford, MA.
NASDAQ:OCULLong
by iTradeAIMS
3