Wave-4
An Intricate BlockA lot of bullishness unfolding here so I will start with the targets and break it down how I got them and why I am so bullish on SQ.
*Initial Target = 138 ; time to target TBD, what I'm looking for is 3 consequtive green candles at the 2 hour level (estimating time to target occurring before the end of April)
**Intermediate Target = 157 by 5/4/2022 - I will explain below
Goal Target is above 166 , but will return to this after the first 2 pts are hit (I can say time to target is after May 4th)
Explaination:
- my analysis displayed begins after the gap on last earnings, notice the 5-count down to fill gap that immediately led into a harmonic resulting in a leading diagonal with wave 1 at 100% retracement of AD... the 5th wave made it to 2.618
- the corrective wave off (5) was a wolfe wave which led into a Butterfly which is yet to materialize... however, the green circle starting April 12th is a Butterfly Fractal - you'll see this if you look at the chart at 5 or 15 minute intervals... I am expecting the next leg up to begin any day now coming off this setup
* Initial target is a 0.618 AD from the "primary" butterfly and a 1.618 from the "secondary" butterfly fractal. In between the current price and the initial pt (138) there is a gap to fill around 134 - this will be a 1.272 AD off the secondary/fractal butterfly (again, not shown but you can find it at the lower intervals). A gap and continue to initial target will set up to continue to intermediate target.
** Intermediate target of 157 is 1.272 AD of primary butterfly (shown). Using the blue trendline from the 1-4 wolfe wave resistance I obtained time to target as the intersection of the 1.272 AD and the 1-4 Wolfe line.. this falls on May 4th but could occur sooner in the right conditions.
I'll revisit this soon but I'm seeing very bullish signals in SQ. Side Note: the yellow trendlines are just longer term trendlines from a while back, left them on there in case they can explain any hold ups or critical levels in price action, probably not important.
Not Financial Advice.
Bitcoin finishing 5th wave impulse to down side; terminal move!We are coming close to the completion of the 5 wave impulse to the downside which commenced at $47700 on the 30th of MARCH 2022. We maintain inside the MICRO 5th wave where 5 sub waves could potentially arise; before a reversal may occur. The $37700 area maintains as strong support and could be a likely area for a reversal, the downside sell off is likely to become exhausted and a quick rejection of lower prices is often a good reversal sign, upon confirmation.
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#usdjpy #usdjpy
I think that the price is correcting now, and this is the wave B for the correction, and the price will not rise more than that until we get a wave c
The price is to break the previous top, and this is the opportunity to sell from a strong resistance level
Upcoming trade ideas - bitcoinThis is looking like an impulse down - I'd like to see a little further down before a bit of a bounce and ultimately taking out the dnPOC at 35.5 and re-testing the 35k monthly. Thoughts?
#GBPAUD#GBPAUD
#The buyers appeared strongly and may reverse the trend and there is a lot of floating offers. It may be a catalyst if you are the strength of the buyers outperforming, but it may reverse the price strongly if the strength of the buyers is not enough
#USDJPY
#USDJPY
strong resistance
candlestick analysis
candlestick pattern
reversal
strong resistance
candlestick analysis
candlestick pattern
reversal
USDT.DTo complete wave 5, it must first cross its resistance range and reach the 5.60% range (we have a market decline)
And after completing wave 5, we enter the correction phase (where the market can grow)
And the next goal is to conquer wave 5 and the canal roof
AIOZ USD My Estimate Price Will Be 500.00 AIOZ/USD Estimated Price Will Be 500 By Year End. Why? WEB3 & META verse. Network of the future fast reliable unlimited bandwidth ; ) . The following coins use AIOZ Network's ETH Token algorithm and proof-type: Binance USD, Polygon, Crypto.com Coin, Dai, Parkgene, Chainlink, DREP, DREP , FTX Token, THETA, Decentraland, Theta Network, Fantom, Axie Infinity and Aave.
Quietly buy this one up. Shhhhhh. Don`t tell everyone now. Don`t be late.
Ziliqua Elliot Wave Analysis key buy areaAdvanced Elliot Wave analysis as depicted on chart.
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BTC to go lower in larger 3rd wave impulse to downsideAdvanced Elliot Wave count on BTC shown on chart, this is not financial advice.
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BTC 70k+ Elliot Wave Target for completion of Wave 1 macroLooks like we are on the final leg of the final leg of a full 5 wave cycle from the inception of Bitcoin.
NEAR Short term bearish WXY countNEAR is looking like it wants to visit the moon in 1-2 , 1-2 extremally bullish fashion but unfortunately it has to follow the trend of a total crypto market. So here is my look at it
Bitcoin Triangle correction for wave 4 of an 5 wave impulseThis is my Triangle Idea
Please be kind as i am a noob to wave analysis
Any comments, pointers, tips or corrections are very very welcome
This is only an IDEA!!
Triangle correction for wave 4 of an 5 wave impulse
Wave Wave, what big correction u have? C u at 2...Wave Wave, what big correction wave u have?
R u obeying Wave Theory?
Or u following FIBONACCI?
Or are you not of nature?
C u at 2 in May/Jun after 50+ days?
NAF DYOR
Bitcoin price prediction Elliott Wave Bullish Crypto predictionI believe that bitcoin will complete is small 5 wave upward move leading into an ABC correction which in turn is the 2nd wave of a larger 5 wave sequence (shown in green)
THE POWER OF RETURN - WAVESHello trading friends,
Depending on the last data trend - waves stay stable and strong in the price action between BTC and waves.
on this effect only - there could be coming time a trend change on waves - of course, is this, not a 100% guaranty, as markets going on their way - but the effect makes waves interesting with the power of return.
We will follow the coming time, and see what the time frame will do.
Have good time
@ This is not a trading call - trade only depending on your setups.
APPL price prediction Elliott Wave LongI believe APPL will complete a correction or not but in the long term will continue on the 5 wave sequence, this recent rally being the first wave.
USDCAD RUNNING FLAT DAILY/H4It's a clean complex running flat. I'll try this.
Tell me about your entry strategies ?
Some ideas :
- Entry strategy 1 = traditional Dow method : long entry just above a little flag and short entry just below a little flag.
- Entry strategy 2 = h4 heiken ashi beginning to give a strong direction. Daily heiken ashi confirms.
#usdjpy #usdjpy
The price is in a range now, and a false break has occurred, and I expect a break to the bottom and a downside
#AUDUSD#AUDUSD
The price is in a range now and I expect a false downward break, after which the price breaks upwards
Oil price prediction Elliott Wave Theory ShortI believe, because the prices of oil will go up in the long term, this is a corrective move, therefore labelling it ABC, it shows an almost 68.1% retracement. Showing that the price of oil in my opinion will go down within the next few weeks before making a strong upward 5 wave sequence.
