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AB=CD

Bitcoin 2025 Target + Bull market mapBitcoin is in the middle of the bull market cycle, but where exactly? It's necessary to do an Elliott Wave technical analysis to see the full map, as the market always moves in waves. We are almost at the end of the major wave (3), and in summer 2024, we are ready to make a significant corrective ABC pattern. We probably all know that summers are usually boring months with a lot of sideways price action. On the chart, you can see my price projection for the next 1 year. As per my calculations, the bull market should end in Summer/Fall 2025 with a price of around 130,000 to 170,000 USDT. The current price is 67,000 USDT, and the bull market started at around 15,000 USDT. Of course, the most money you will make is if you buy at the start of the bull market and sell at the end of the bull market, then wait for the bear market to end and repeat this cycle. I know it's easy to say, but the reality is different. But on the other side - trading Bitcoin offers much more profit than just holding Bitcoin as the price is very volatile on a macro scale. In one of my next analyses, I will show you why the ultimate target is 130,000 to 170,000 USDT, so make sure you follow my account and do not miss my next posts! Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
BITSTAMP:BTCUSDLong
by Xanrox
57
Bitcoin - Crash to 57k, then 100k! (must see)The price of Bitcoin is preparing for a final drop to the downside, to 57k per my calculations! The price is still inside this bullish flag formation, and we still need to complete the ABC corrective pattern from the Elliott Wave perspective. At this point, I cannot be bullish at all, just be patient and wait for 57k to be hit before buying BTC!  It's also important to take a look at the long term trendline (October 2023 -> January 2024). We have 2 touches, and the 3rd touch is inevitable sooner rather than later! It will be good if you buy Bitcoin at this trendline. Trading is easy if you have the right information. After we hit the trendline, we can continue in the bull market (100k+). Do not forget that prices are usually very volatile around the halving event. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
Short
by Xanrox
129
Update on Silver After AB=CD CompletionYou may recall the Research Team highlighted AB=CD bullish completion at $26.79 on the H4 timeframe for spot silver (XAG/USD) last week. Subsequent to this, price action recently came within reaching distance of the 38.2% Fibonacci retracement ratio at $27.84 before rotating southbound and pencilling in a potential higher low at $26.94 earlier today. AB=CD Bearish Completion? The 38.2% Fibonacci retracement ratio continues to call for attention for those long the AB=CD pattern as the initial upside objective. Should silver continue to be bid from current price, the 38.2% ratio actually converges closely with a 100% projection ratio at $27.99, which represents an AB=CD bearish formation. Were further upside to be seen beyond these levels, attention will likely be drawn to the 61.8% Fibonacci retracement ratio at $28.60, a level that shares chart space with a 1.618% Fibonacci projection ratio at $28.64, an ‘alternate’ AB=CD bearish formation.
FPMARKETS:XAGUSD
by FPMarkets
Are We Back or Naw?Technical Analysis Refresh: Review charts for bullish signs like candlestick patterns and oversold conditions. Embrace the Bounce: Look for sudden volume spikes signaling potential reversals. Risk Management Resurgence: Tighten stop-loss orders and scale into positions cautiously. Buy the Dip, but Watch Your Step: Seek discounted assets with solid fundamentals. Patience Pays Off: Stay patient; opportunities will emerge in time. Community Comeback: Reconnect with the crypto community for insights and support. Stay Informed, Stay Inspired: Keep abreast of market news and technological advancements. Celebrate Small Wins: Acknowledge every step forward, no matter how modest. Remember the Resilience: Draw inspiration from cryptos' history of bouncing back. Keep the Faith: Maintain faith in the future of cryptocurrencies and blockchain technology."
WLong
by bovinebreed
XAU/USD: A Trend-Follower’s MarketSpot gold (XAU/USD) is +0.7% higher in US trading despite an earlier spike lower that was fuelled by the latest US GDP report (the first estimate). Trend + AB=CD Support Suggest a Buyers’ Market Technically, the price of gold could be poised to attack higher terrain. The trend, according to the higher timeframes, is unquestionably north after recently recoiling from all-time highs of $2,431. We have limited support on the weekly scale until as far south as $2,147, though the daily chart recently shook hands with a 1.618% Fibonacci projection ratio at $2,293, which, for many harmonic traders, will be viewed as an ‘alternate’ AB=CD support pattern. Of relevance, this structure is located a whisker north of daily support drawn from $2,280. First Upside Objective Reached; Traders Eyeing Next Layer of Resistance? Interestingly, recent price action already reached the first take-profit target from the AB=CD support at $2,345 (the 38.2% Fibonacci retracement ratio derived from legs A-D), which will prompt some ‘AB=CD longs’ to reduce risk to breakeven and liquidate a portion of their position. Ultimately, though, harmonic traders will perhaps target the 61.8% Fibonacci retracement ratio at $2,377, a level that potentially triggers some traders to liquidate the entire position; others may be encouraged to begin trailing their position in the hope the yellow metal refreshes all-time highs and continues its upward trajectory.
FPMARKETS:XAUUSDLong
by FPMarkets
XAUUSD: Heading towards 2250$| Get Ready For Another Big SellDear Traders, Yesterday was eventful day, Gold dropped till 2291 area and most of the retails liquidity started coming in the market, and as expected price took out most of the liquidity and took the price towards our first selling entry at 2331. However, we have witness strong bearish control at this point and it is likely to see some strong bearish momentum throughout the day. Our likely entry would be 2319$ targeting these areas first, 2290, 2270 and 2250. Good Luck And Trade Safe.
OANDA:XAUUSDShort
by Setupsfx_
4
EURUSD Analysis: Support & Resistance TradingKey Levels (1-hourly chart): - Resistance: 1.0669 - Support: 1.0630 Additional Setup (4-hourly chart): Bullish Deep Crab & ABCD Patterns at 1.0522 Analysis: - Approach: Identifies potential shorting and buying opportunities based on support & resistance levels - Key Levels: Highlights resistance at 1.0669 and support at 1.0630 on the 1-hourly chart - Alternative Setup: Considers a more favorable buying opportunity at the convergence of Bullish Deep Crab & ABCD patterns at 1.0522 on the 4-hourly chart Trade Plan: - Shorting Opportunity (1-hourly chart): Consider shorting at 1.0669 or buying at 1.0630 - Preferred Buying Opportunity (4-hourly chart): Look for a convergence of Bullish Deep Crab & ABCD patterns at 1.0522 - Risk Management: Implement effective risk management techniques to protect trades Insights: EURUSD presents trading opportunities at key support and resistance levels on the 1-hourly chart. Additionally, a more compelling buying opportunity may arise at the convergence of Bullish Deep Crab & ABCD patterns on the 4-hourly chart. Ensure prudent risk management practices are in place to manage potential market volatility. 📉📈 Exercise caution and prioritize risk management when trading EURUSD based on support & resistance levels!
Long
by RaynLim
Bitcoin - more crash is coming! -21%Bitcoin crashed significantly, as I warned you in one of my previous analyses: What now? Is the crash over? I don't think so! The halving event is in a few days, and huge volatility is expected. The problem is that below the current price, we have a double bottom pattern, and there is a lot of liquidity that whales need for their huge buy orders. It's really very likely that the market is going to go down! What's more, we have a fair value gap below the current price as well, and usually these gaps tend to be filled sooner rather than later.  It's always important to do an Elliott Wave analysis before making such statements. If we take a close look at the price action, we can see that the impulse wave 12345 was completed and we are in a corrective phase. We need to complete this ABC correction before going higher to an all-time high! Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
Short
by Xanrox
72
$MOS at less than tangoble book value is a buyI think the chart tells the story: NYSE:MOS is trading at the lowest price to book multiple (see lower pane) since the pandemic, which was also the low point over the past 20 years. In addition, there's a buy signal from a AB=CD pattern visible on the chart. The symmetric triangle short play has in fact reached its T1 target and may be played out. In addition, the stock looks poised to break through its longer-term down trend. If that should happen, I think it will accelerate the upside. The reason for MOS' slump are simple enough: Soybean and corn prices are low, and those are primary uses for Mosaic's fertilizers. On the plus side, though, MOS has been building financial strength over the past years, and its new and ramping Esterhazy (K3) mine in Saskatachewan, Canada isn't just the largest potash mine in the world, it's also one of the lowest cost ones. Meanwhile, the company has curtailed production at its (higher cost) Colonsay mine, also in Saskatchewan. I think even without a recovery in fertilizer application (which will undoubtedly come), this setup promises higher margins for Mosaic. NYSE:MOS is cheaper than its fertilizer peers NYSE:CF and NYSE:NTR based on price/book or price/sales, and its forward P/E is in single digits -- far below the market. While I think that historically, the discount to peers was justified by MOS' inferior cost position, I would argue that the company has made strides to catch up. I plan to enter a long tomorrow. This will be a long-term hold, so no target or stop loss.
NYSE:MOSLong
by matthias
4
#XAUUSD: 1 HR updated view 800+ pips buying opportunity. Gold created all time high when it reached $2424 region, however, big investors close their positions and they sold gold strong, taking price to $2330 area. Price since then has been in recovery process, going forward, price can create another Higher High going above $2440. In one hour timeframe price behaved strongly bullish, giving us an hint of upcoming price move. Taking a risk entry at current price can give you 800+ pips in take profit. However, we advise you to wait for price to fall 2380 if it does a entry at that area with stop loss of 150 pips may become more suitable. Good Luck and Trade Safe. Always remember, there will be hundreds of good opportunities but in order for you to take most of it, you will need capital. So always protect your capital first, do not gamble everything. In fact, do not gamble at all, use proper analysis. Do your own research too.
OANDA:XAUUSDLong
by Setupsfx_
8
Bitcoin is ready for a 15% crash! (to 58k)Bitcoin may look pretty bullish, but do not get distracted. The price is forming a bearish distribution pattern inside a bearish parallel channel, as you can see on the chart. Right now, the odds are in favor of another crash. I am not saying this only because of the price action, but also because of the Elliott wave theory: as per my wave count, I am expecting bitcoin to finish wave (C) with a 1:1 Fibonacci extension level. Also look at previous waves, and waves (B) at this point look like an ABC bearish pattern.  Why is 58K important? We have a major swing low from March 5, 2024, and clearly there is a lot of liquidity and orders from retail traders. The whales need to consistently go for strong liquidity levels, as that's their only chance to buy bitcoin with a large amount of money. What they want to do is buy as much Bitcoin as liquidity allows and then send the price to the moon.  Right now, I really cannot be bullish on Bitcoin, but let me know your opinion in the comment section! I will be very glad. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
Short
by Xanrox
152