Price is abiding by the bearish channel . Price can potentially dip from sell entry level of 2951.56 in line with the 23.6% Fibonacci retracement towards the take profit level of 2775 in line with 78.6% Fibonacci retracement and 100% Fibonacci projection . Our bearish bias is further supported by price trading below ichimoku cloud . Alternatively, price may break...
Hi Elliotticians, ETHUSD is moving nicely. A completed impulse in A or 1 down from 3581 mark, followed by a completed correction in B or 2, and latest sharp and impulsive decline can be a wave C or wave 3 in progress, if price declines even lower. Wave C can still be unfolding its minor corrective wave iv, which means one more leg lower as wave v of C can be...
Prices are at a Pivot . We see the potential for a bounce from our buy entry at 2969.5 in line with 50% Fibonacci retracement towards our Take Profit at 3173.6 in line with 38.2% Fibonacci retracement . RSI are at levels where bounces previously occurred. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on...
Prices are at a Pivot. We see the potential for a bounce from our buy entry at 2969.5 in line with 50% Fibonacci retracement towards our Take Profit at 3173.6 in line with 38.2% Fibonacci retracement. RSI are at levels where bounces previously occurred. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on...
Hi Elliotticians, ETHUSD made an impulsive drop from the 3309 lvl., which confirmed a completed correction in 4, and now a wave 5 to be underway, ideally towards the Fib. projection target of 0.5, and towards the lower parallel channel line (3105/3080 area). Once wave 5 fully develops with its five-wave sub-structure and finds support, that is when a new A-B-C...
Hi Elliotticians, ETHUSD is trading similar as Cardano, however here price can still be unraveling a possible triangle correction in wave 4, which means, wave 5 lower can still be in the cards. That said, a five-wave, a-b-c-d-e contracting move needs to be seen in fourth wave, before a triangle may be regarded as completed. Also a new impulsive drop would confirm...
With price moving above our ichimoku cloud and expected to bounce off the stochastic indicator, we have a bullish bias that price will head to our take profit at 3533 in line with the swing high resistance from our entry of 3148 in line with the 38.2% Fibonacci retracement . Alternatively, price may head to our 50% Fibonacci retracement at 3014 where our stop loss...
With price moving above our ichimoku cloud and expected to bounce off the stochastic indicator, we have a bullish bias that price will head to our take profit at 3533 in line with the swing high resistance from our entry of 3148 in line with the 38.2% Fibonacci retracement . Alternatively, price may head to our 50% Fibonacci retracement at 3014 where our stop loss...
With price moving above the ichimoku cloud , we have a bullish bias that price will rise to our take profit at 3828 in line with the 61.8% Fibonacci retracement from our entry of 3443 in line with the 38.2% Fibonacci retracement . Alternatively, price may break entry structure and head for our stop loss at 3208 in line with the 38.2% Fibonacci retracement and...
With price moving above the ichimoku cloud , we have a bullish bias that price will rise to our take profit at 3828 in line with the 61.8% Fibonacci retracement from our entry of 3436 in line with the 38.2% Fibonacci retracement . Alternatively, price may break entry structure and head for our stop loss at 3208 in line with the 38.2% Fibonacci retracement and...
With price moving above the ichimoku cloud , we have a bullish bias that price will rise to our take profit at 3828 in line with the 61.8% Fibonacci retracement from our entry of 3436 in line with the 38.2% Fibonacci retracement . Alternatively, price may break entry structure and head for our stop loss at 3208 in line with the 38.2% Fibonacci retracement and...
On the H4, with price expected to reverse off the stochastics level, we have a bias that price will drop from our entry at 3407 area in line with the horizontal swing high resistance, 100% Fibonacci projection and 161.8% Fibonacci extension to our take profit at 3194 in line with the pullback support and 23.6% Fibonacci retracement . Alternatively, price may break...
On the H4, with price expected to reverse off the stochastics level, we have a bias that price will drop from our entry at 3407 area in line with the horizontal swing high resistance, 100% Fibonacci projection and 161.8% Fibonacci extension to our take profit at 3194 in line with the pullback support and 23.6% Fibonacci retracement . Alternatively, price may break...
On the H4, with price expected to reverse off the stochastics level, we have a bias that price will drop from our entry at 3407 in line with the horizontal swing high resistance, 100% Fibonacci projection and 161.8% Fibonacci extension to our take profit at 3194 in line with the pullback support and 23.6% Fibonacci retracement. Alternatively, price may break our...
With price expected to reverse off the stochastic indicator, we have a bearish bias that price will drop from our entry at 3412.44 in line pullback resistance and 161.80% Fibonacci extension towards our take profit at 3037.96 in line with the latest pull back support and 38.20% Fibonacci retracement. Alternatively, if prices were to break out, price may potential...
With price expected to reverse off the stochastic indicator, we have a bearish bias that price will drop from our entry at 3202.60 in line pullback resistance and 127.20% Fibonacci extension towards our take profit at 3027 in line with the latest pull back support and 23.60% Fibonacci retracement. Alternatively, if prices were to break out, price may potential...
With price expected to reverse off the stochastics resistance, we have a bearish bias that price will from our entry at 2773 in line pullback resistance and 161.8% Fibonacci extension towards our take profit at 2773 in line with the horizontal overlap support and 50% Fibonacci retracement. Alternatively, price may break entry structure and head for our stop loss...
With price expected to reverse off the resistance of the stochastics indicator, we are bias that price will drop to our take profit of 2765 in line with the 50% Fibonacci retracement from our entry of 3028 in line with the 161.8% Fibonacci extension . Alternatively, price may head to our stop loss at 3202 in line with the 127.2% Fibonacci extension . Any...