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Elliottwaveanalyis

BTC Elliott Wave count 2H TFIt is possible that bitcoin has ended its move up and will turn back down. The price reached 2,618, the Fibonacci extension of wave 1 of this impulse, forming an ending diagonal pattern for wave 5( known also as a falling wedge pattern) Don`t forget that the main pattern I am watching is an extended flat correction, which would mean that the price is going to go down to form a new low, but we will see this at the right time. An important level of support which, if broken, probably means that the upward trend has ended, is 22500, until then things are not very clear so I prefer to stay out of trading. Also a break of this falling wedge pattern may accelerate the move to the downside. I will post updates when I will see more price action. Good luck
COINBASE:BTCUSD
by Cross10XSignals
8
QNT/USDT Elliott Wave count DailyQuant price rejection into 0.5 fib retracement of the last move to the downside, that may signal an end of the B wave. Price may go to the downside with first strong support at the 0.618 fib extension zone where also we have 0.764 fib retracement of the first abc (black count). If we claim back above 0.382 (price 145.2) fib retracement than we may continue to the upside and still has this chance for this move to the upside (blue abc) to be an impulse(red count). The chance will go if the price will break below red line (125.8) and we may see an acceleration of the price to the downside from this level.
by Cross10XSignals
Jubilant Food WorksHello and welcome to this analysis The stock has been in a decline since Sept 2021, all bounces have so far been sluggish as it continues to make a lower high lower low pattern. It was removed from Nifty Next 50 hence the recent exit pressure from Index based funds In the immediate short term due to a heavily oversold scenario a dead cat bounce appears to be in the making. This could either bounce back to 500-525 or form a triangle (higher probability) as long as it holds last week low. Overall chances of this being a bottom look slim unless it starts sustaining above 535. We might see value buying coming near 375-350.
NSE:JUBLFOODShort
by Dinesh_C_Nagpal
The Road to $80 for SilverThe silver market began the initial subwave of a new, major impulsive wave, marked as the third in a sequence. This cyclical pattern can be traced back to the year 1932, with the completion of wave one in 1968, the corrective wave two in 1971, the impulsive wave three in January 1980, the corrective wave four in 1991, and ultimately, a truncated fifth wave that reached its peak in April 2011. This entire sequence can be considered as the first impulsive wave in an even higher degree. The second corrective wave ended in March 2020, with support being found at the 0.236 Fibonacci level. Currently, silver is preparing for what is expected to be the most explosive and unpredictable impulsive wave three in a very long-term scale. Resistance points include: — $24.69 (0.382 Fibonacci extension) — $26.55 (0.238 Fibonacci extension) — $31.99 (0.382 Fibonacci extension, last wave) — $43.73 (0.5 Fibonacci extension, last wave) — $45.29 (0.382 Fibonacci extension level) — $49.83 (all-time high) — $59.77 (0.618 Fibonacci extension, last wave) — $83.11 (0.618 Fibonacci; golden ratio)
TVC:SILVERLong
by joerivdpol
BTCUSDT Elliott Wave - Current Corrective Wave StageCurrent in scope Elliott Wave Impulse Waves 1 to 5. Currently within the Corrective Wave. Used Trend Based Fib Extension Tool to determine the bottom retracement levels of the Corrective Wave A, drawing from 1st High to Low to 2nd High on a 90 minute time frame. - 1st Highs drawn from Wave 5 high. - The low being 22,750 and yet to understand why that level at time of posting but this the magic low used (it is a daily support and a level from which the price moved to make Wave 5 high). - The 2nd Highs drawn to the highest high within the range below Wave 5 high Interesting, using Trend Based Fib Extension, plotting the 1st high, that if you work the way up from left to right, choosing the lower highs on a 90 minute time frame, pulling the next plot to 22,750 lows, then lastly to high within range, playing with this tool draws perfect fibs that correlate to daily Point of Control (POC) levels. I've chosen to use the Fib at 22,750 because when drawing the retracement level for Corrective Wave B. If using 25,530, the price target is below Impulse Wave 3, which does not fit the rule for Elliott Wave Theory. -To draw target Corrective Wave B, using the Trend Based Fib Extension, (Low to high to low), drawn from Corrective Wave A at 22,7k to the High Impulse Wave 5 back down to Wave A at 22,7k giving a possible Corrective Wave B target to the upside of 23,4k. Another important level to be aware of for Wave B target is approximately 22,600ish which is a Naked Point of Control (NPOC) -To draw the Corrective Wave C target, a bit uncertain at time of writing. The last of which is more technical. Using the Trend Based Fib Tool, (high to low to high) from Wave 5, to Wave 4, to the Corrective Wave A, with a target to the downside of approximately 21,750 and daily support level. (at the time of publishing I've 22,129 chosen as it seems a strong daily support). Other point of interest. I've been using Exocharts TPO 1 hourly. Which has been useful for spotting Naked Point of Controls (NPOC), and as well as using Order Flow to determine market movements. Found that although some support levels are well respected. NPOCS on hourly TPO seem to be hit when on a down trend, and can be a good level of support. Please feel free to correct me n any mistakes you make think I have made. Always happy to have positive criticism and useful feedback. Play around with the Trend Based Fib extension tool, the levels and confluence with time frame support and POC's are amazing!
by hmaroudas
3
BTC Elliott wave correction patternsIf you find this info inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! Some Elliott wave sideways correction possibilities. A bearish possibility list doth not make me a bear. Keeping these around because some of these could still play out. Some more likely as others, to be sure, and you may have your bias, but the pattern has not printed, which would keep these on the table.
COINBASE:BTCUSDLong
by CryptoKnee
1
BTC, Elliott Wave Prettiness updateIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better! From the last post, the price held above the level marked, "Ideal for a smaller degree wave 4". So that is how I have marked the chart. Since it moved up, must move the whole operation up. I marked off the new levels possibilities on the chart, not a complete Elliott Wave analysis. If it moves up again, before a meaningful retrace, moving the whole operation up yet again... # charting Elliottwave. These levels are going to be some clues/confluence for me as part of the Elliott wave guideline of the right look or "prettiness" factor. Cheers!
COINBASE:BTCUSDLong
by CryptoKnee
2