This current dip on GALA will be the last best buying opportunity for it's current trend. Crypto is famous for running flat corrections that make higher highs and higher lows. In fact, it's the most popular type of correction in all bull markets. These types of corrections leave traders chasing after price as they are uninformed on how to take advantage of...
Welcome to NewWave Traders, If you enjoy the charts boost them and follow for more! I'll give you some goodies for the 2024 bull market and keep the analysis clear and simple. In ONDO I'm looking for a break to the upside and continuation of the bullish trend. We are at an inflection point and the invalidation for the bulls is if we retrace under...
In comparison to previous bull cycles this rally from the depths of 15k on bitcoin sure has taken its sweet time. It's quite often the opposite when crypto is in a bull market. The last rally from 25k to 48k was a bit more of the personality we are use to. So is bitcoin geared to moon to new All time highs? It certainly continues to increase its probability...
It's very likely we move to 48k. The question is where is the pivot that takes us there. Will it be from a running flat elliott wave pattern like we see in the green path OR.... Will it be with a complex WXY that visits our bullish OB (order block) first and then pivots around 41.8k to make its way up to 48k. In either case, the long to 48k looks appetizing.
I believe Celestia sweeping the ATH (all time highs) will result in a rejection from the famous expanded B pocket at 21.5 USD. This in the macro scale is very bullish type of pattern so the C wave would be seen as a good buying opportunity for the start of the 3rd macro wave, the most bullish wave of an impulse. Lots of money to be made in that wave, and the C...
Hit follow to stay updated and the Like button if you find this useful. This one's real simple. Consolidate on previous 3rd wave top and blast off to 100$, If we fall back into the range then likely an A wave of an ABC in red and the previous 5 wave cycle is correcting itself. I'm leaning bullish on this one. We have had upwards of 30+ dollars tagged for the...
Hey Everyone! Thanks for dropping in to see how bitcoin can crash to sub 29k or break up to 100k + Targets. In this quick summary I'll give you my bias and a break down of the invalidations of these two paths. Let's dive in! Count 1 is the 1,2,1,2 impulse wave to the upside. This count gets invalidated if we break under 44k. The likelihood of this count coming...
Hey everyone! VRA detaching from the majority of the market with a few others to attempt a new high. I think it can do it, bringing up the rear of ADA and SOL's performances. CAUTION once this target gets high as the weekly will be printing its first bearish divergence, it will be a strong take profit signal at the least where we will then look for hidden bull...
KSM has been channeling beautifully, unfortunately it appears to be doing it correctively. A pattern like this leans towards a higher probability of connecting to the downside, tread with caution. Two bearish divergences have printed for TP signals on the 4hr TF with the 1st one printing a hidden bull divergence thereafter signaling continuation to the upside....
Hey Everyone, Schyler here with NewWave Traders. In this chart I'm projecting XRP to experience a correction mid term with continued upside. This dip will be for buying in my opinion. Bearish divergence between the 3rd and 5th wave as well as wave structure supports this bias and some TDI signals on top of that. Let me know your thoughts in the comments...
hey everyone, A 2nd bearish divergence has printed a strong TP for Ethereum at this current high. In 2 days we get a weekly candle close and if it's a bearish engulfing that will create added pressure for the bulls as bears will be more enticed to bring price lower. In cohesion with the Elliott Wave count on ETH we can see this as a valid 5th wave double top...
Hello traders, I leverage Elliott Wave to identify patterns in the market but pair 3 other crucial components with it to execute a full trading system called the NewWave System. This chart highlights how IMX could have the potential to create a new cycle towards the upside. It pulled back to a .618 retracement of previous cycle, we have a double tap on crucial...
Welcome to NewWave Traders Here you will find that I use Elliott Wave as my main pattern identification system, however I pair it up with 3 other components to create the NewWave System that allows me to navigate the market the same way, thus providing consistency in my trading results, confidence in my execution and makes trading much more enjoyable and...
The blue abc will cause this trade to roll against you, so be cautious of it, but ultimately the upside is significant for the impulse. Follow and like for more. I'll keep this trade updated. Check out my signature below to follow me elsewhere.
Hey Everyone, thanks for dropping by to check out how ADA can realistically move to $10 or be starting a path very shortly to sub $1. Count 1 is that we are in the start of the 5th wave. We have weekly bearish divergence which will likely play out by pushing price down for the subwave 2, at which point we create support and have a massive kickoff to $10 for ADA....
We've got some clear levels on bitcoin that have presented themselves that will determine further downside to new lows or make a reversal back towards 48/50k zone. First, we've created a pretty decent 5 wave move down that is likely the start of something, such as a wave 1 that I have labeled here. The retracement for wave 2 should stay under the .618 fib...
Bitcoin seems doomed for new lows... here's why. If we recover with the bullish scenario in this chart and climb up t 48-50k we'll be doing so correctively, which means we'd be left with only an ending diagonal option to break new highs. The probability in that isn't very good. Moving up correctively suggests we'll set in a lower high and move back downwards...
Hey Everyone, I help traders create a full time income without working the full time hours by mastering a complete A-Z trading system called the SCIMR method. Follow and like to start shifting your results. Looking forward to helping you grow. In this ADA/USD chart I am projecting an impulse wave where ADA is almost completing the 3rd macro wave and looking...