Just a slight update to my previous BTC idea that is tracking well. I expect a weekly close above this fib resistance, and then a small rally to get people FOMOing in. Price should then take another dump to the trendline to get people scared. If this happens, I will be looking for a wick to the trendline, and a weekly close on the support line from the previous...
Referencing YTD channel volatility and direction, forecast wave 5 sustaining ~60k USD by end of Week 1/early Week 2 March. Accounting for the Elon factor here, the Tesla news triggered an overbought divergence north of channel within range of historical volatility (~13%). Correction this past week within historical volatility below channel (~13%) to resume...
The initial move up is very messy here as you can see in the chart. There's a lot of spotty price action making it difficult to get a great count, but what I can say is from the bottom in December 2020 to where we are today, I see a potential for a 5 wave structure on a smaller degree that has wave 4 nearing completion. We are close to the 50% retracement on my...
IMO this correction is not over. Of course there is a chance it just runs up from here, but it doesn't seems like there was a large enough period of consolidation for us to continue upward yet. Volume was far too low and there was not enough time for more to join in.
People were shocked about interest rates, and I get it. I too was shocked and not happy with what was going on. However, for a week that was a bit on the redder side for the market, I hope instead of panic selling, everybody bought dips or took advantage of the swings. Whenever you have a high growth stock in the red during a red day, panicking is usually the...
Vedl has bearish wolfe wave on hourly timeframe , previously made a bearish butterfly on weekly timeframe. a rejection from prz was clearly visible and now a wolfe wave make it more confirm trade to short. Target on chart...
1- above 1812 will get targets blu lines 2 under 1812 will get 1800 3-under 1797 will get red lines ———— My last idea about XAUUSD on 19 feb:
My previous idea seemed correct when it dipped, but BTC ended up going much higher. However it still needs to retest the upper red trendline to confirm it as support. If it does, we have just completed the first Elliott Wave of this bull run. This also allows us to see what the next levels will be with Fib extensions, assuming it keeps going up after this...
Here we go. Remember: RVN with 8 Billions supply was $0.25 REEF with 3 Billions will be $0,07 in a little time, later will reach RVN $0.2 price, and in the top will be at least $0.5 by supply nature. Remember when I talked about AVAX x10 explosion, it was X20 in less than 2 months.
After completing 78.6% retracement, I've decided to go long. 78.6 and 88.6 are my two favorite retracement levels. Risk: 9.9% Reward: 98%
TVC:UKOIL is heading to the $100 zone in the coming few years (2-5 yrs.) according to this bullish Wolfe Wave structure.
After completion of ABCDE pattern now it might be good time to invest in ZEC .
Overview: - 1W frame: The uptrend started in late July 2012 and shows no signs of stopping. The current price is hitting the support of this bullish channel - 1.57$ - 1D frame: The downtrend started in mid-March 2020 and is accumulating at the bottom of the channel. Divergence signals appear when the price goes against the direction of the MACD line (3 peaks...
Amazing chart of tvsmotors, dual bullish wolfewave on same timeframe i.e. 30 minutes. previously made a pennant but failed now with dual bullish wolfe wave seems a reversal. Targets on chart...
Bank of Baroda has bullish wolfe wave on 15 and 30 mins timeframe... Target in chart...