Abc correction pattern is available Crv/Usdt daily timeframe
Short position for wave 3 or C
(Also Regular divergence between 3 & 5 Hidden divergence between 5 & A can be detected in dtosc and MACD)
Eliottwavetheory
GDX An Incomplete sequence Favors More DownsideThe Elliott wave view in GDX suggests that the main cycle from the August 20, 2020 peak is showing an incomplete sequence. Favoring more downside to happen based on sequence towards $24.80- $21.36 area lower before a turn back higher happens. While the short-term cycle suggests that the decline to $30.05 low ended wave 1 of (C) in 5 waves lower. Up from there, GDX did an expanded flat correction in wave 2 bounce.
While an initial 3 swing bounce ended wave ((a)) at a $31.59 high. Down from there, wave ((b)) also ended in 3 swings at $28.90 low. Then the bounce in ((c)) leg unfolded in 5 wave impulse sequence. In which, wave (i) ended at $30.16 high, wave (ii) ended at $29.95 low, wave (iii) ended at $31.54, wave (iv) ended at $31.19 low, and wave (v) ended at $31.77 high. Thus ended wave 2 as an expanded flat correction.
Below from there, GDX declined in 5 waves lower & ended small wave ((i)) of 3 at $30.15 low. And now doing a 3 swing bounce in wave ((ii)), which can see $31.29- $31.51 area before turning lower again. Near-term, as far as bounces fail below $31.77 high then ETF is expected to fail lower looking for more downside. Alternatively, if it breaks above $31.77 high then it can even see $33.01- $34.77 area higher before seeing sellers again.
Solana price action: Bear or bull trapThe first of many...
Solana's chart with an Elliott Wave perspective
Bitcoin will complete AB=CDBitcoin is completing its 5th wave, at the same time completing AB=CD pattern
GBPUSD Gets ready to make new high for 2022I think we will make new highs before 2022 we are currently on the 4th wave phase i think soon we will see wave 5 unfold
HNT Helium Token... Bullish FractalsIf this macro fractal plays out the way it did last local top, then HNT is fit to explode.
It has already tested the lower bound of the long term channel and we are ready to start wave 5 if you are interested in Elliot Wave Theory.
Eliott correction wave combination - Long setupEliott correction wave combination of a Zig-Zag then ABC wave back into resistance and finaly a triangle ABCDE wave.
On higher time frames we have a clear Eliott impulse wave unfolding.
Wave 1: July - August
Wave 2 (Correction): September
Wave 3: October
This is this 4th wave (Correction) and it looks to be nearing an end.
Looks to be a setup for the 5th (last) wave of this trend.
Nifty 50 Elliott Wave Theory Analysis(Updated)Nifty started fresh uptrend in August month. As of today i believe we are in the correction wave which is of type expanded flat. After some more consolidation Nifty is likely to continue its bull momentum to complete the wave 5. If the 17000 level is broken then this analysis gets obsolete.
*Correction in past post:-
End of wave 4 stays above end of wave (iii) of extended wave 3. That is corrected now and the updated targets are there.
*This Analysis is for Educational Purpose only.
EURUSD finished wave 2Had a nice 5 wave move up and correction to 61.8% fib level. Started 3 wave as a strong impulsive movement.
GOOD LUCK!
GBPJPY. Short Possibility (Medium Risk/ High reward)hi dear traders.
For today we can watch GBPJPY, as it is about to complete a correction, which seems to be an ABC.
price has reached to a strong PRZ and also time factors has been satisfied. we can speculate that this correction is at its end and wait for a conformation to go short.
If price manages to hit its Trigger (few ticks lower than 153.663), we can enter a short position with MEDIUM risk. It is medium since there are no reliable Low swing near PRZ to put our Trigger under it. So it is vital to manage your position size according to the risk of this trade.
I'll answer to your questions.
have a good day.
Qtum eliott waveHere as we see we started a new cycle ( the vertical line )
Now we are in the 3rd wave
TP : 19.91
NATURALGAS preparing another leg downSetting up another leg down. Don't forget to use SL.
GOOD LUCK!
BTC may touch $38k which is 0.618 fib retracement levelBTC may touch $38k which is 0.618 fib retracement level
Ripple to target StratosphereThere is a year+ of missing data, so by backtracking i think this is the correct count
Target is either 5.89 or 26.6 for the triple five, depending on the wave structure of the smaller degree
Red is where all of this count will have to be modified
Nifty 50 Elliott Wave Theory AnalysisNifty started fresh uptrend in August month. As of today i believe we are in the correction wave which is of type expanded flat. After some more consolidation Nifty is likely to continue its bull momentum to complete the wave 5. If the 17000 level is broken then this analysis gets obsolete.
*This Analysis is for Educational Purpose only.
Cardano EW to Target either Rectangles before FebAs long as inside channel, Target still in sight
Wave 5 of larger Wave 3
Altcoins Mega Season 2022Bitcoin Dominance targets the box
Mega bull for alts
Break on either side of channel signals 5th Yellow End
Bitcoin possible scenario like thisHi, i am not eliott wave expert and i am still learning it, but i think we can see something like this in next few weeks/months. This drawing can be totaly wrong. If you think I made a mistake somewhere in this chart you can correct me, i am open to new views.
Be patient to buy CELRUSDT in deep correctionCELR is comleting its 3rd Eiot waves and we wait to hunt it in the begining of tha last Elion stage!
ACH breakout Not Financial advice.
Here we have a breakout on the hourly. Still not the big rip, but we are gaining momentum into the weekend.
Weekend hits we will be in a much higher than where we are now. I suspect we will be hitting .135cents (conservative flag measurement) .15 cents + on this little breakout. Gaining steam and getting ready to run higher after a bit of pullback ( more flagging out) This pattern has repeated itself. Now just higher time frames.
Golden cross playing on 1 hour, followed by 2,3,4. (Big run coming)
These trade ideas take time to play out. So my previous calls were on smaller time frames due to how fast this crypto was moving. I believe it was on 15 minute frames for the run. Which shows for how fast these movement can be once this truly gets going.
I stand by my .33 cents being hit on this bull run. ( I mentioned it as soon as I saw the flag form)
$1 billion valuation for Alchemy is realistic, and arguably undervalued with Binance and Shopify as partners.
Watch to see volume pour in once we back test support here to spark the run
looking for .17, .24, .33, Maybe even more.
Still believing this is a large scale Eliot Wave Theory (which has me thinking we could potentially see .43 cents) followed by pull back waiting long then this one week times length of pull back on the next huge Bull run.
Again just my thoughts here. I'll look to update again if I see importance.
GLTA!
The Swop.
FULL in Depth Anaylsis on $TLRY I want to start off agian by apologizing it was never my intentions to "clickbait" but in return did my full in depth analysis on tlry i am hoping we are able to bounce if not i will wait to buy the dip once the triple combo correction is over.
GBPUSD 💵💵💵😊💵💵💵🅶🅷🅾🆂🆃 _ 🆃🆁🅰🅳🅴🆁 _ 🆂🅰
📙 Just validate this pattern 😊 then ride with the rest...
📙I wish you all the best 💵💵💵😊💵💵💵..
