Nifty is ready for sharp 10% upward movement !!! Lets see, I have used Elliot waves, Fibonacci extension and time cycle to determine the markets lows and entry points...
Taking a closer look at the 4H timeframe, it seems that the downside is not over yet. The upside movement was corrective (green ABC), while the downside is impulsive (green I-V). I expect green resistance to hold any bullish movements.
Everything is characterized by at least 1150% growth
If my view is right, the altcoins shall do the best performance in their history.
DOGE reached its peak in wave 3 in May 2021 and likely hit the bottom of wave 4 in June 2022. However, due to the ongoing corrective downtrend, a reset in wave 4 might occur. The overall expectation is for an upcoming upward movement in wave 5. It is recommended to gradually enter positions at support levels and exit at resistance areas.
RNDR is currently ascending in a three-wave ABC structure, with wave A equaling wave C in target. The asset is now deep in the support zone, presenting a good opportunity to scale in for the upcoming wave C target of $25. It's advisable to begin scaling out early around $19, at the 0.786 level, rather than waiting for the precise target of $25.92.
Matic peaked during wave 3 in May 2021 and reached a low in wave 4 in June 2022. However, it remains in a corrective phase, suggesting a potential alternative bottom for wave 4 may still occur. The general anticipation is for an upward movement in wave 5. Investors should consider gradually buying at support levels and selling at resistance levels.
Hello friends Following the previous analysis (be sure to refer to the previous analysis and if you are not following my page, be sure to follow it) We expected the growth of PayPal's share in most of the 5th wave. Currently, wave 1, 2, 3, and 4 of wave 5 have been completed, and wave 5 is left from 5. We expect the growth of the share price to about 72 and maybe...
SBUX continues its decline, which started on May 2023 at $115.48. It may be currently making the Y wave of the Elliot WXY double correction. I expect this correction to continue until the range of $77.5-$83. I think this price range will be a great buying opportunity for SBUX when looking at the fundamental analysis of the company. After this price range, there...
Hey traders! The US dollar is advancing, make cryptocurrencies weak as stocks market turns south ahead of key economic data from the US. As you know, the Fed will release its latest decision on interest rate policy today, and there is increasing speculation that they will maintain their current stance for a longer period. This anticipation is driving the US...
DOGE's correction could be wrapping up the blue ABC soon, which could give us long trade opportunities. Ideally, I'd like to see a recovery above gray resistance and retest, for a new wave up targeting green resistance (around 0.165-0.170.
Short anywhere here now Stoploss - 195 Target #1 - 180 Target #2 - 170
after the last correction CFX break the Base Channel and entered wave 2 territory, and as I see BTC and ETH not complete there correction wave yet, and the same case with most of the other Crypto, so that mean that the price will go deeper, which make our 5 impulse Wave Idea invalid. FILUSDT Elliott Wave Technical Analysis Mode: Corrective Structure: ...
BTCUSD still looks like a regular flat, just with a prolonged, elaborate, and extended C wave. Wave (1) of C is circled in the red ellipse, wave (2) appears to be an expanded flat (green ellipse). Wave (3) appears to be still in progress, with more downside likely, in my opinion. Corrective price action in the blue ellipses appear to be zigzags, and so are not...
BTC Dominance got power from channels lower line and now retesting. According to Elliot vawe theory dominance will move to Elliot 3rd. Final target is 57% with Elliot 5th
Price action in orange ellipse appears corrective, and in that light I feel more confident that the move from 5333.50 to 4963.50 was a complete impulse wave. From here, I see two possibilities: the bullish count (green) would have us at or near the low of today, with a move back up towards 5154.25 to complete a (B) wave; the bearish count (red) would have us...
© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M. Details: The short-term outlook indicates that Wave (iv)-purple has ended as expected, and wave (v)-purple is being opened to push higher. It is targeting a goal of 31.10 while maintaining a price above 25.87 is advantageous and provides significant support for this outlook. Invalidation point: 25.87
© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M. The broader context suggests that wave (iv)-purple continues longer than expected, pushing lower, looking for targets around the 2260 area. The short-term outlook shows that the x-blue wave recently ended, and the y-blue wave is opened to push lower, while price sustaining below the 2317 resistance...