Wave IV as Double Three CorrectionWave IV as Double Three Correction.
- Wave W: Zig-zag
- Wave X: Any Three
- Wave Z: Double Three of smaller degree
Also, the symmetrical triangle is shown in the chart above.
When a symmetrical triangle forms in a downtrend, then breaks and closes above the declining support line, it suggests a reversal of the downtrend.
The new impulse wave begins soon...
Doublethreecorrection
XRP Analyze (Road Map)!!!🗺️Hi everyone, today I decided to publish the road map of XRP . We saw a great rally from XRP these days😊.
XRP Analyze (XRPUSDT ) Timeframe weelky ⏰ ( Log Scale )
Location 🌊: XRP is running in Ascending channel from the beginning, it has passed the Main wave 3 at 3.317$ and then it started the main wave 4. the structure of the main wave 4 is Double Three Correction (zigzag/zigzag/(Triangle/Flat/Zigzag)). Microwave Y can be Triangle or Flat or Zigzag but Triangle is more possible. I tried to draw just a Triangle pattern in my chart.
Also, I tried to show you our Resistance Zones & Support Zones that we have in front of XRP.
🔴 Resistance zones on XRP 's way:
🔴 Resistance zone : 0.88$ until 1.02$ (SMA 200 (TF Daily)+ Yearly Pivot Point)
🔴 Resistance zone : 1.54$ until 1.92$ (Resistance + Cluster of Fibs + Yearly Resistance 1 )
🔴 Heavy Resistance zone : 2.75$ until 3.33$ (Resistance + Cluster of Fibs +Yearly Resistance 2)
🟢 Support zones on XRP 's way:
🟢 Support zone : 0.62$ until 0.5$ (Support + Cluster of Fibs)
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
GOLD short term Elliott waves updated 18/Jan/22Gold. It seem like we're in "Bullish Triangle pattern now". AND most likely wave 4 (yellow circled). PLUS+++ a possible "stop hunt" on wave (E) (green) . So.. I've changed my view from previous "normal" expanding flat (a)(b)(c) Red to Complex Double Three Expanding Flat which is (w)(x)(y)(Red)
Render Token (Road Map)!!!🗺️Hi, today I want to introduce one of the successful projects in 2021. == Render Token
Rener Token is my favorite project with awesome founder ''Jules Urbach'' with his great team. Jules sets the strategic vision for OTOY and is the chief architect of the company’s technology roadmap. Widely hailed as a pioneer in computer graphics, streaming, and 3D rendering with over 25 years of industry experience. He made his first game, at 18, and went on to make the web’s first 3D video game platform and licensed the software to Macromedia, Disney, Warner Brothers, Nickelodeon, Microsoft, Hasbro, and AT&T. His life’s work has been to revolutionize 3D content capture, creation, and delivery.
Render Token Analyze ( RNDRUSDT ) Timeframe 12h⏰ (Log Scale)
Location🌊: I believe that Render Token is at the beginning of its journey (Rank #221 at CointMarketCap _ Market Cap:1,002,453,825$). we will hear good news from this project In the coming months. so I think that Render Token is moving in Main wave 1. if I want to say exactly, it is running in microwave 4 of microwave 3 of Main wave 1.
The structure of microwave 4 of microwave 3 of Main wave 1 is Falling Wedge as Wave 4 = a-b-c-d-e Triangle Correction.
The end of microwave 4 of microwave 3 of the Main wave 1 (Targets 🎯):
🎯Target 1🎯 : 5.1$ - 4.7$
🎯Target 1🎯 : 4.1$ - 3.6$
🔴In addition, I tried to show you the end of microwave 3 of Main wave 1 (Zone) in my chart. (7.3$-8$ /12.5$-13.7$/20$-21.5$)
🔴Note: I didn't specify the Main wave 1 in my chart .also,The main wave 3 in my chart = microwave 3 of Main wave 1
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
GOLD is riding a roller coaster beast! 7/Jan/22GOLD is taking a "risky" ride on a "Beast" = "A Roller Coaster" could "dismantled" anytime... As "The Ride" might not yet "finished" where the current price could developed from A Double Three Running Flat Pattern into Triple Three "Uglier" "Beast!".. So.. tighten your "seat belt" = " tightening your stop lost" for remaining "Exciting Ride!"
Raydium Analyze (Road Map)!!!🗺️What is Raydium ?
Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX).
Unlike any other AMMs, Raydium provides on-chain liquidity to a central limit orderbook meaning that funds deposited into Raydium are converted into limit orders which sit on Serum’s orderbooks. This gives Raydium LPs access to all of Serum’s order flow as well as their existing liquidity.
RAY is the native utility token used for:
🔴Staking to earn protocol fees
🔴Staking to receive IDO allocations
🔴Governance votes on protocol decisions
Raydium Analyze ( RAYUSDT) Timeframe 8h⏰ (Log Scale)
Location 🌊: Raydium is moving in my favorite wave, which means wave 2. In this wave, each way correction (A & B & C) is made of a Double Three Correction, and now Radium is running on the last way of correction (Wave C).
I showed you the end of microwave C of Main wave 2 in my chart. probably it will end at my ⏰ TRZ ⏰ (Time Reversal Zone).
🔴 Note 🔴 : When Raydium can break My i mportant Downtrend Line , then we can verify the start of Main wave 3.
Support Zone & The end of Main wave 2 : 8.05$ until 8.40$
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
Solana Analyze (Counting Waves_Short term)🌊!!!Hi, today I want to talk about Solana's road map ( Short term ).
Solana Analyze ( SOLUSDT ) 1h ⏰
Location 🌊( Long term ): about the location of Solana , please read my post with the topic '' Solana Analyze (Road Map)!!!🗺️ ''.
Location 🌊( Short term ): Solana ended its great microwave 3 of the main wave 3 at 216$ (as I expected on my post with the topic ''Solana Analyze (Road Map)!!!🗺️''), and it passed microwave 4 of the main wave 3 by Double Three correction (Double Zig Zag Correction) + when Solana was able to break the Downward trendline .
Live : Solana is running on microwave 5 of the main wave 3 .
as Solana has gone too far too fast(we had a huge Microwave 3), I think that microwave 5 of the main wave 3 will be Truncation (Solana can't reach the last top == 216$ ).
I tried to show you the end of each wave on microwave 5 on my chart.
The End of microwave 1 of microwave 5 of main wave 3: 166$-163$ , at my TRZ ⏰.
The End of microwave 2 of microwave 5 of main wave 3: 158$-153$ .
The End of microwave 3 of microwave 5 of main wave 3: 188$-181$ .
The End of microwave 4 of microwave 5 of main wave 3: 176$-171$ .
The End of microwave 5 of microwave 5 of main wave 3: 200$-193$ .
My Suggestion : You can find triggers on the end of microwave 2 for opening Long positions ( Short term ).
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
Bitcoin Analyze (Counting Waves)!!!🧐Hi everyone, sorry if I couldn't update my posts very well, Because I am sick 😷.
Bitcoin Analyze ( BTCUSDT ) Timeframe 2h ⏰
Location 🌊: Bitcoin started impulsive waves from 28800$ and still we are on it, where is the end of wave 5 of this movement?
The end of wave 5 can be the End of Main wave B (Corrective Structure) or the end of Main Wave 1 . anyway, we want to know that where is the end of it, still I think that Bitcoin is running on Corrective Structure , I have some reasons for it that I published before.
Live : Now Bitcoin is moving on microwave 4 of microwave 3 of microwave 5 of Main wave B or 1 .
The end of microwave 4 can be around 51750$ - 51120$
The end of microwave 3 can be around 53700$ - 53850$
The end of microwave 5 of M ain wave B or 1 can be around 56300$ - 55450$ + TRZ (Time Reversal Zone)⏰
RSI : RIS is playing on Rising Wedge , I tried to show you a road map of RSI. 2h Timeframe⏰ 👇https://www.tradingview.com/x/tkUm1ZuJ/
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
Bitcoin Analyze (Road Map)!!!🗺️Hi everyone, Today I want to talk about Bitcoin's Road Map 🗺️ and find the end of this Beautiful Ralley.
First, I have to say sorry for the busy chart, but I suggest to you please spend some minutes on this post, probably useful (This is just my idea).
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 ).
Now, We are on Main wave B, and Main wave B has to have 3 microwaves (A-B-C).
The first step : Finding the end of Main wave B.
I found the end of Microwaves A & B of Main wave B. microwave A and B of the Main wave B have 3 microwaves, so microwave C has to have 5 microwaves. The structure of Main Wave B will be Flat (3-3-5).
The Second Step : Finding the end of Microwave C of Main wave B (my Aim 🎯).
Where is the end of Main Wave B ?
1) Because we are on ZigZag Correction, Main wave B usually retraces between 38% – 79% of Main wave A ( 42575$-57140$ ) but We can limit this range by Guidelines .
Guidelines :
If wave B is a running triangle, it will typically only retrace 10 – 40% of wave A= our Main wave B is Not running triangle ⛔️
If wave B is any other sideways correction, it will typically 38% – 50% of wave A= The end of our Main wave B can be around this zone ✅ ( 42575$-46830$ )
if wave B is a zigzag, it will typically retrace 50% – 79% of wave A= our Main wave B is Not ZigZag ⛔️=== Structure of Main wave B is Flat , as result End of Main wave B can be around 49685$
2) as I said, microwave C has 5 microwaves, while microwave 1 of microwave C is extended .
Guidelines :
If wave 1 is extended , then the size of wave 3 through to the end of wave 5 is often 61.8% – 78.6% (45470$-47684$) relative to the size of wave 1== 47684$ (Current Price)❗️== it can be the end of Main wave B ❗️
If wave 1 is extended , then wave 2 and 4 are very likely to be shallow (i.e. 23.6% – 38.2%)== This item has complied ✅
If wave 1 is extended , then wave 2 will often end at the level of sub-wave 4 of 1 (i.e. the internal wave 4 of wave 1)== This item has complied ✅
Also, microwave C of Main wave B is running on a Rising Wedge .
Result : we can find End of Main wave B from 47684$ until 49685$ .
In addition, probably we can find the end of Main wave B at TRZ .
The end of Main wave C can be around 27113$ (Even).
Thanks for reading this post, I hope that is useful for all.🌹🙏
My Suggestion : if you have coins, 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 👍😉.
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
GOLD long around 1852, Tp ≈ 1960. 15 June 21GOLD indeed forming a double three complex wave pattern as previous post on .. And most likely completed its leading diagonal pattern which is Wave (A) (cyan/light blue)..Wave (B)(Cyan/light blue) could be expanding flat wave (3-3-5 waves).. We might just completed the 1st phase of the 3 phases of expanding flat wave pattern which is wave A (yellow) with 3 sub waves (wxy, green cicled)..
Long Gold at around 1852, Stop Lost at 1844, Target Profit at around 1960
BTC Double Triple Corrective Pattern?BTCUSD appears to be forming a double three (WXY) pattern, which is characterized by a 7 swing structure. Wave subdivision is 3,3,3 which means all of these 3 waves are corrective sequences.
If this correction plays out, BTC could find support in the mid-40k range at its bull market support band.
XLM/BTC - Breakout from Double Three Correction
An update on XLM/BTC. It looks like a clear breakout from the Double Three structure with price breaking out from the zigzag into an initial five wave impulse of a smaller degree. Let's see how it plays out for confirmation.
Please refer to the previous idea I have linked below and follow for further updates.
Trade safe,
Beyond Edge
Disclaimer
This is not trading advice. All content/ information shared in this idea is purely educational in nature and is expected to be used for analysis and illustration purposes only.
Do not trade or speculate based solely on the information provided. Trust your own analysis.
Beyond Edge
XLM/BTC Elliott Wave Analysis - Breakout?Hello all,
I've counted this with many different sequences and feel that a Double Three (WXY) combination is what has likely been printed here.
It's possible that it continues to correct further to three corrective structures and forms a Triple Three (WXYXZ).
I'm looking for a set of five impulsive and composed waves to rule this out and signal a change in the direction of the trend at one larger degree. Follow me for further updates.
Elliotticians your input will be kindly received, please leave a comment and feel free to share your opinion.
Thanks for looking,
Beyond Edge
Disclaimer
This is not trading advice. All content/ information shared in this idea is purely educational in nature and is expected to be used for analysis and illustration purposes only.
Do not trade or speculate based solely on the information provided.
Trust your own analysis.
Beyond Edge
Double three with oversold conditions on the higher timeframesFor #bitcoin we're facing the end of an double three (WXY) structure ending with a barrier triangle. The E-wave is finishing. This together with oversold RSI situations on the higher time frames is opening up a bullish expectation. As the 'double three' is probably the fourth wave of a higher degree, the move up can be the fifth whereafter I expect a correction down.
BITCOIN ⚠️ Double-Three Bearish Correctional Waves 🌊🌊🌊
I'm not an expert at Elliott Waves... (I'm still learning.) 😅 but I have a knack for seeing complex patterns as my day job is a creative professional. 🤓 (Trading is my side hustle.)
This appears to be a complex bearish correction at the top of a very nice rally up.
Everything in life expands and contracts. ☯️
BTC bellow 10000?!
I wasn’t satisfied with the 38% correction and here is a bearish scenario for bitcoin to complete a double three correction. The four last waves could be 1234 of a 5-wave move as sub-wave 1 of wave 3. A higher-high would signal a bullish scenario and lower-low signals the bearish scenario, simple as that. For the bearish scenario all three targets 0.38, 0.5, and 0.61 are equally likely right now and there is no significant accumulation of the fib levels around any of them. Fundamentally, BTC needs a bigger correction and reaching ATH this early is premature I guess. Breaking ATH in the last wave (2014-2018) resulted in a huge bullish move which is healthier if it happens in wave 3 or 5. Let me know what you think?!
ETH currently in a correction before another impulse waveETH has completed a 5 impulse wave and is now currently developing in a possible "double threes" Elliott Wave corrective pattern, consisting of a flat (abc), a 3 wave (zigzag) reactionary, and a (apparently rare) expanding horizontal corrective wave. If we see a successfull completion of this correction by remaining above 900 levels, then we can expect another 5 impulse wave. One thing to note is that the higher degree trend is up, as I have already shown here:
NZDUSD OVERVIEW : Double ThreeNZDUSD forms a double three (WXY) pattern with a subdivision of wave Y (premiere degree) is an expanded trianggle. My observations on this case indicate that FE level 1.272-1.618 is vulnerable to reversal. So, I estimate wave E of this expanded triangle will be completed at the FE level of 1,272-1,618. The next few weeks may still rise to reach that FE level. After reaching the FE level it may be down to test the support at 0.6791 and 0.6200