This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
In my view, BTC has reached its top of the bear market rally, which smart money used to scale out (on-chain data). You can see how addresses between 0.1 and 10 BTC buy every dip they can (how whales told them to do) and addresses over 100 or 1000 decline although the price is lower now. It was easy money to be made if you entered at the bottom like me and ignored...
MOVR is extremely bullish; we have a bullish flag and a strong uptrend. We have 2 possible profit targets: the first is the 1:1 FIB extension, and the second is the 1.618 FIB extension. This coin is really hot when it comes to interest from retail traders. The ABC correction is complete, and I do not see any reason why we should go down from this point! A break of...
Every 3 wave pull back can be a potential bottom and a wave 2 in the EW perspective. Eyeing circled wave 4 for a significant support. If not, lower lows at the circled yellow 2. I personally hold this one and not intending to sell. This count wasnt easy to distinguish and i also think that crypto needs to retest some lower lows a bit. (BTC related)
DXY will visit the area 93-89. S1: if it break 89 then we have ABC Wave S2: if it rebound and return inside the channel so maybe we have a big uptrend wave , then we will be in wave 3
Introduction: In this revised analysis of the DXY, we explore a multi-layered Elliott Wave structure comprising three main waves – blue, orange, and red – and examine their interactions within different corrective channels. This analysis also considers historical economic events and current global shifts to project potential future movements of the DXY. Wave...
With the Fed considering quantitative easing in the first half of the year, as well as ETF approval, there will be a lot of money entering the market. Bitcoin is catching on and hash rate is continuing to make all time highs. Bitcoin being taken off exchanges at fastest rate in history + decreasing supply (4M lost, over 19M already mined out of 21M total = supply...
In my last BTC idea i said it wasn't a good idea to be bearish and it turned out, indeed it wasn't. Idea here is self-explanatory but it can look more cluttered when shared so a little explanation. The whole thinking is shaped around the Nasdaq fractal and an up only scenario, which is unlikely IMO. Between the three, blue option is my favourite as it'll stop...
Hi Guys, You can see my prediction of the future price for GRT USDT. At this stage, we cannot definitively say that we are in wave 3 or wave c. That's why I labeled it with 3orc wave. In this case, the minimum target number for wave C is 0.344$. If the movement has a good acceleration and after reactions to the Wave C zone, a decision can be made regarding wave...
In the chart analysis, I am examining the recent uptrend movement in the 1D timeframe. We can observe a clear pattern of 5 impulse waves, with the fifth wave forming an Ending Diagonal. This indicates an upcoming change in the trend direction. The price has broken below the lower trendline of the Ending Diagonal, reaching the target of the origin point of...
Bullish on two potential scenarios. I am not a financial advisor. This is not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendation.
As said in my update earlier, the BTC ETF getting approval from the SEC helped propel Coinbase up to hit a more normal b wave target and then got rejected. To the untrained eye one would assume this is just volatile price action and nothing more. Which, yes, it is volatile price action, but it happened for a reason. Remember how I always say structure is the most...
Rivian has been taking its sweet time to make this bottom, but all the while it is making some serious positive divergence. At the bottom of this post, you will find my 3min chart which shows we have been on pos. div. since Jan 2nd. As mentioned in my update earlier, we bounced right in between the 0.236 yellow fib and blue 0.618 fib lines. When I draw a fib...
MDB price follows an impulsive structure from its Nov22 lows nicely. Until price holds its Oct's lows, my main interpretation of the price structure suggests move to next macro-resistance zone: 550-640 in 2024. Suggested price structure needs to be revised if price breaks down bellow 288 and above 640.
Market is going to complete its wave 3rd of EWT started from COVID's low of 7511 in March 2020, may do it by next week on Monday(15/01/2024) or Thursday (18/01/2024) to 22070 price level but should not breach 22200 level at any cost, if it happens so then market can go on a higher level price point.And after that a wave 4 - correction of it may start and can go to...
#WTI_Oil (West Texas) 🇺🇸 4-Hour Timeframe, bearish 📉 and bullish 📈 scenarios 😃 👉First: Bearish Scenario 📉 through Wave 5 of a bearish impulse wave, which needs breaking below 69.342 level for confirmation. 👉Second: Bullish Scenario 📈 through an impulsive wave after completing a Double Three Pattern, which needs to break through 76.188 level for confirmation.
The structure I described on the chart is technical. The coin needs to complete the cycle, which ends around $145. I won't go into detail about why I expect these figures, but simply put, ideal technical analysis doesn't suggest any other structure
The recent announcement of a stimulus package by the Chinese government to boost the property sector is expected to have a positive impact on the Australian stock market, particularly the Aus200 index. The stimulus package includes measures such as lower down payments for home purchases and tax breaks for developers. These measures are expected to increase demand...