Waves
waves analysis (15M)Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the WAVES symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
🔥 WAVES Perfect Fibonacci ReversalWAVES saw a massive pump last week, which has been faded over the last few days. As seen on the chart, the 0.618 Fibonacci retracement seems to hold as support. The 0.618 Fibonacci retracement is often a very interesting area where buyers tend to put their orders after a big pump.
Stop under the recent low, target at the most recent local top.
WAVE BULLS:Unveiling Profitable Trading Opportunities in WAVE $4Chart Analysis: WAVES bulls are aggressively preparing for another bear knockout after retesting the current breakout. We anticipate longing this retest up to $3. Once this level is achieved, the bulls are expected to react, and the upward move is likely to continue. This provides us with a better entry opportunity and a stop level to add to our trades incrementally. The price is currently at a significant support level that could assist the bulls in reaching $3 and potentially $4 if the momentum extends and breaks forcefully. Moreover, both the weekly and daily charts show a double bottom pattern, indicating a continued bullish sentiment in the short term. A strong bull reaction is expected in the range of $3.8 to $4. It is advised to take some profits in the $3.3 range.
🚨Notice: This post will be regularly updated as the price progresses toward the target or in the event of potential failures due to rejections. We encourage readers to like, comment, and follow this page to stay updated with the latest developments and adjustments. Your engagement and support are greatly appreciated.
To enter, wait for a pullback to take the trade.
📈 🚨 MT FREE TRADE SIGNAL🚨📈
👉 🧿ASSET: PSX:WAVES (WAVES/USDT)
👉 🧿ACTION: LONG
👉 🧿1st ENTRY PRICE: $1.976, 2nd Entry, $2.046, 3rd entry 2.076
👉 🧿STOP LOSS: $1.727(Risky Stop $1.807)
👉 🧿1st TAKE PROFIT: $3.3, 2nd TP;$4 ,3rd TP; 5.3(extended $7 to $11 range)
👉Disclaimer: This signal is for informational purposes only and does not constitute financial advice. Crypto trading carries risk, and past performance is not a guarantee of future results. The user assumes full responsibility for any profits or losses incurred, and the signal provider is not liable for any investment decisions made based on this signal.🥰
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Hellena | GOLD (4H): Breakout triangleDear colleagues, the price is currently within a triangle pattern. At the moment, I anticipate that the price will complete wave 5 and break out of the triangle boundary, reaching the swing area.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
🔥 A Bullish Case For Bitcoin: Elliot Waves UpdateRecently I've gotten a more bearish outlook on the markets. BTC keeps selling off due to bad macro news, which makes it less likely that we see another pump in the near future.
On the other hand, BTC has seemingly bounced from the exact area that I expected a bounce from in my Elliot Waves analyses before.
Not sure how likely it is at this point in time that BTC will follow my Elliot Waves pattern, especially with the stock markets being as overbought as they are, but it's good to look at both sides of the market.
My bullish target for this year still remains between 36,000 - 40,000.
Share your thoughts🙏
WAVES aiming first resistance..#WAVES wants to go higher. It is bullish now. First it may go to first resistance , it it holds properly that, then it could aim to 2nd resistance..
Waves Getting Ready for 70%+ bullish Wave Seems Like Getting Ready For Massive Bullish Impulse Formed & breaking Descending Channel in h8 tf Incase Of Successful Breakout Expecting 70 to 75% Bullish Wave
Multiple uptrend confirmation (VTL, phasing, FLD) Bitcoin price have just brought us a massive confirmation about concluding the first nominal 40W cycle after a major nest of lows that we had in the fall 2022.
Phasing analysis suggested us to wait for this cycle conclusion, that is bringing us now to the deciding phase of the first half of the major 36 month wave.
You can see on the picture that the Valid Trend Line Has been broken too, giving the second confirmation.
The last to check regarding Hurst theoy is the Future Line of Demarcation (moving average moved forward in time for the half length of the anylised wave).
As we clearly see - FLD was broken the same day.
Here comes the last part of Hurst's approach which says, that once the FLD is broken, it will get higher to the point same distance from the line of breaking as the last low.
You can see the prediction on the following picture:
WAVESBTCWAVESBTC
The situation for WAVESBTC is quite interesting - the coin has broken through its support line and is trying to find a new bottom. . WAVES should be considered for purchase only after the appearance of significant news or positive changes in the project. We do not recommend entering large volumes now. In case of any news, we will inform about everything in the channel.
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WAVES IDEA!BYBIT:WAVESUSDT.P
My waves idea is at its low and we actually broke out of the bottom but quickly wycked up! i cant afford to cover the risk that actually covers that bottom so the question is am i willing to risk the 1% on this and set a limit or should i wait and play it cool and because im mentioning this i will set a limit but keep my risk even tighter maybe 0.5%. I will update this asap!
Thank you!
Hellena | GBP/USD (4H): Short after wave 5!Last week, there was a strong channel breakout that changed our plans! Interestingly, I still expect the price to reach the option contract level of 1.23973 in the future, but for now let's focus on closer targets. I anticipate that Wave 3 is not yet complete, so I expect Waves 3, 4, and 5 to follow. Then, I anticipate a correction to the level of 1.27422.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
🔥 Bitcoin Elliot Waves Pattern: Right On Track!A couple of weeks ago I made an analysis on BTC and the presumed Elliot Waves pattern it was trading in. I wrote that it was possible that ~31k was the 3rd wave top because it aligned well with an overbought RSI.
Looking back, the previous analysis caught the top quite well.
Like mentioned it all my previous Elliot Waves analyses, I see it likely that we're going to move towards the 25k - 25.5k support area. This area is very important because it pinpointed both the Summer-2022 top and the first wave's top.
In my view, it's still possible that we will go up and make new 2023 highs. Assuming we're following an Elliot Waves pattern, we can top between roughly 36k - 40k.
A move below 22k will invalidate this pattern.
US30 Wave and Price action AnalysisHello, traders
We have a bullish impulse wave and a regular flat correction pattern, and another bullish impulse wave started, breaking the last top of the sellers, and we have a small correction that ended, and the buyers began to push the price with increasing momentum. This indicates that US30 is heading to break 34273 first, then 34896
Hellena | EURUSD: The last wave is moving towards lower levels.At the level of 1.07500, impressive contracts on the euro futures were formed. This may indicate that the price will move towards this target, then make a new low, we will see a strong pattern, and then enter a long position with targets from the main idea.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!