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Correctivestructure

ETH head & shoulders (correction wave)#ETHUSD $ETH broke down the parallel channel and hit 2 targets of my last analysis. there are 2 scenarios that shows dump of ETH will continue to around $2500. 1. the head and shoulders pattern, that broken from the neck line, so price will fall more as the measure of the head height, which is around $2500. 2. the fibonacci levels of swing high, shows the correction wave can continue to 0.618 level , which is the same as a support zone, and it is around $2500.
INDEX:ETHUSDShort
by parissap
5
Elliott Wave Analysis: Crypto Market Is Looking For Another DropHello traders and investors! Crypto market made sharp and impulsive decline from the highs after a completed 5th wave as we have been warning about in the last couple of months. So, we ideally see it as part of the first leg "a"/"i", which means that current rally should be as part of an (a)-(b)-(c) correction in wave "b"/"ii" that can find the resistance here around 61,8% - 78,6% Fibonacci retracement and from where we can expect a continuation lower within wave "c" or maybe even wave "iii". Be humble and trade smart! If you like what we do, then please like and share our idea! Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
CRYPTOCAP:TOTALShort
by ew-forecast
4
Bitcoin Analyze_Road Map🗺️(Update)!!!Hi, We saw an amazing dump yesterday, I expected this movement from before, and finally, it happened. what will happen for Bitcoin ? for answering the question, I decided to update the road map that I published on Aug 14 , the topic was '' Bitcoin Analyze (Road Map) !!!🗺️''. Bitcoin Analyze ( BTCUSDT ) Timeframe 8h ⏰ Location 🌊: Bitcoin's Correction has started at around 64200$ . Bitcoin was able to pass the First Main wave of Correction ( Main wave A ) at 28805$ . Wave A had 5 microwaves, so we have to wait for seeing ZigZag (5-3-5) Correction (I am believing that corrective structure hasn't ended). We passed Main wave B by that dump + The price broke our important uptrend line (verification). Now, we are sure about starting Main Wave C (90%). The Main wave C hast to have 5 microwaves that they can run on regular 5 impulsive waves (Scenario 1 ) or even run in ending Diagonal Triangle( Scenario 2 ). If Scenario 1 happens, we can see 3 0000$ - 28800$ until the end of the year (even less). if Scenario 2 happens, we will not see very low prices, (probably around 37600$ ). I tried to show you the end of each microwave, let's see where are end of them? (a little hard to predict for now, but I try my luck 😉) where is the end of microwave 1 of Main Wave C? Taregts🎯: 44400$ until 42850$ where is the end of microwave 2 of Main Wave C? Targets🎯: around 46600$ //around 47800$ // around 48914$ // even around 51540$ ( Low possible ) where is the end of microwave 3 of Main Wave C? Targets🎯: 37600$ until 30800$ where is the end of microwave 4 of Main Wave C? Targets🎯: 37800$ until 34200$ where is the end of microwave 5 of Main Wave C? Targets🎯: 30600$ until 28800$ or even less than these. Note : Over 53000$ my counting waves will fail and probably we are on new 5 impulsive waves for reaching new ATH. ❗️ Sign ❗️: if you remember that when we were at around 36000$ , Bitcoin touched 48168$ on BITCOIN / TETHERUS PERPETUAL FUTURES , and finally price arrived itself to this amount, yesterday we saw the same happens, and Bitcoin dropped down from 52000$ to 42800$ , probably Bitcoin will arrive at 42850$ again👇https://www.tradingview.com/x/0DMkFLmW/ Thanks for reading this post, I hope that is useful for all.🌹🙏 My Suggestion : if you have coins, you have to think about taking profits especially on the end of microwave 2 of Main wave C / if you don't have coins, Don't be FOMO , probably time will give you another chance 👍😉. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
by pejman_zwin
26
EURUSD - Weekly - Long term directionHello traders and investors, Today we are looking at a possible long term scenario of EURUSD. In this scenario, the hypothesis is to see the euro getting stronger and stronger against the USD in the next years. Assuming that we are participating in a portion of the intermediate blue wave C of a bigger correction. Nevertheless, if you are considering a buy and forget you might see the euro value appreciation from the current 1.18 to 1.29. Let's see what will happen
Long
by Dry-Storm
Bitcoin Analyze (End of Rally is uploading)!!!⏰Hi, I hope you read my previous post and took an idea from my analyze. Today I tried to find the end of this rally by Bearish Expanding Triangle Pattern ( Main wave B from the corrective structure ). Bitcoin Analyze ( BTCUSDT ) Timeframe 4h ⏰ Location🌊 : if you want to know about counting waves of Bitcoin from 😱 2.5$ 😱 until the end of the Main wave A that you are seeing it on my chart, first you can read my previous post with topic '' Bitcoin Analyze 🗺️🔥(Counting Waves + Road map+ Long-term)🔥🗺️ '', second please read my post with topic '' Bitcoin Analyze (Road Map)!!!🗺️ '' too. Live : Bitcoin is moving simultaneously in a Rising wedge and Bearish Expanding Triangle . We expect after breaking the lower line of the Rising wedge , We reach the bottom line of the Bearish Expanding Triangle , which would be the sixth attempt to cross lines of the triangle, it may have multiple pullbacks to the broken bottom line of the Bearish Expanding Triangle , and this may create a Head and Shoulder pattern in which will prove the start of Mani wave C of corrective structure ABC . Interestingly, the neckline of the Head and shoulder pattern might be the target of the Rising Wedge pattern simultaneously. Here I want to briefly explain the Fibonacci retracement levels of the waves inside the Bearish Expanding Triangle . Guidelines : Wave B can retrace 78.6%– 88.6% of wave A = It has complied ✅ Wave C is usually 138.2% – 161.8% x wave A in size = It has complied ✅ Wave D can retrace 78.6%– 88.6% of wave C = It has complied ✅ Wave E is usually 138.2% – 161.8% x wave C in size = End of wave E can be between 138.2% x wave C= 49972$ until 161.8% x wave C= 51000$ , we have to find signs for verifying the end of Wave E. I think that we passed the end of wave E a few hours ago, the end of wave E could be on my TRZ . RSI : RSI has important resistances in front of itself, and we can see Bearish Deep Crab 🦀 that it is working now, and I think that this bullish rally can finish with a symmetrical triangle on RSI . Daily Timeframe ⏰ 👇https://www.tradingview.com/x/cfzW09Cp/ MACD : MACD is running in the symmetrical triangle and I guess that MACD will break the lower line of the triangle. also, we have Divergence between Price and MACD ( RD- ) until now. 4h Timeframe ⏰👇 My Suggestion : if you have Bitcoin , you have to think about taking profit from them Soon/ if you don't have coins, Don't be FOMO , probably time will give you another chance 👍😉// if you find triggers for short positions, you can do it. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅ 'like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
Short
by pejman_zwin
24