BTCUSDT H1 analysis with Elliott wavesWell, A wave was completed.
We can have a corrective wave that is a function of A-B-C waves and then goes for an attractive 16500
Elliottwaveanalyis
FTM/USDT Elliott Wave count 3D TFFantom may drop soon to end a 5th subwave from a 5th wave of a C wave from an extended flat correction that probably is wave 2.
What I expect next is a downward movement of the price to the 0.1455 zone marked by fib projection 3 vs 4 that you see in the zoomed picture of the last price action moments to complete this 5th wave from an ending diagonal .
I think that soon we will have the end of wave 2 and the Fantom will start the formation of wave 3 from a higher degree.
At this time I expect this wave 3 to start from 0.1455 zone where probably we will have the bottom of the correction.
I will stay short untill this ending diagonal is completed!
I have also a scenario with wave 4th a triangle but I will put it as a comment so as not to clutter the view but the overall things are bearish .
If you like my analysis please hit the like button and subscribe for future elliott wave counts!
Good luck!
The USD Outlook- Elliott WavePCE was out, seems like Inflation is stable. Powell noted they will slow down the hike, so even if data is strong they will probably stick to the plan. If data is bad, which is not impossible, considering that economy is slowing down, then the DXY will fall further. So I see win-win for the bears on DXY going forward.
But there will be pullbacks of course. Here is another count I am looking at; potential impulse from a monthly channel top.
I will turn back bullish if I see strong bounce from 103.80 and back to 109.
SOL/USDT Elliott Wave Count 2H TFSolana may continue to the downside after ended a runing flat correction!
Wave B hits 1.236 fib extension of wave A and wave C hits 0.618 fib projection wave A vs wave B.
Clear invalidation if price goes above wave C (15 usd).
Good luck!
BNB Elliott Wave count Daily TF No clear direction for BNB as we may have an X wave for a move to the upside or an ABC correction to retest the bottom of the 183 - 336 range.
BTC/USDT Elliott Wave Daily TF countBitcoin may be into an ending diagonal.
It may go up to retest previous broken support and this move fits perfect for a 4th wave (0.382-0.5 fib retracement of the 3rd wave).
I am waiting to catch it in this zone for some short trades.
Good luck!
LTC Elliott Wave count 1W TFI dont think Litecoin ended his correction from the macro view and will turn to the downside soon!
The corrective pattern that I am watching for Litecoin is a wave 2 flat starting from december 2017.
Recently move to the upside may be a 4th wave from an impulse C wave that forms flat pattern.
Also this 4th wave may go to 102 before turns down to end this flat C wave.
Financial Wave. BTC m15Our preferable scenario in BTC remains the same: a rise towards the first target of $19,500. A fall in the price of BTC below $15,500 will change our view, as well as a prolonged flat may be one of the factors for revising the markup.
Cardano short target 0.2636Hey trader!
This technical analysis discusses how the price of Cardano could potentially decline to a lower price target. In the analysis an Elliott Wave is made as the resistance levels become lower. The start of the first wave starts at the resistance level at 0.5947 . After the first wave, the waves get progressively lower indicating a bearish trend. At the end of the Elliott formation , the strong support level at 0.3233 appears, where the price is close to break and enter a fall below the strong support . This fall, according to an applied fibonacci line , could indicate that the price should fall all the way down to the target at 0.2636.
The analysis uses the following background indicators to inspire the execution: Day Buy Sell Volume Label, VSAR Visual Signal ActivatoR, & RSI background.
BTC Elliott Wave count 12H TFBitcoin could be in a corrective wave of the extended flat type and the first indication would be the fact that the price had a bounce in the 1.236 Fibonacci extension of the red wave A and we could assume that this is where the red wave B of this flat ended and would follow impulsive type C wave.
I am still not convinced by this count, but if we have a break of the resistance in the 17578-18128 area, then Bicoin could continue towards 23000 or even 27000.
Also, breaking the 17578-18128 area could confirm the scenario of a double bottom pattern.
For now my advice is to wait to see more price action and I will come back when I have more confirmation.
You can also see my previous analysis(related idea) in which I suggested the possibility of a massive drop in the price of Bitcoin. Success!
USDMXN is breaking the supportsUSDMXN remains bearish and it’s now in a sharp intraday decline aboutwe have been warning about in the past. We see pair now breaking the trendline support and its falling below the important 19.70 level. This may cause more more weakness as a higher degree bearish triangle can come to an end. In fact, MXN has been one of the strongest even when USD was up vs GBP, AUD and NOK. So if these are ready to gain, or at least make a pullback, then we think that USDMXN can easily come much lower. Check where USDMXN is despite DXY bull run in the last 12 months.
A bearish HS pattern also signals for more weakness on USDMXN.
Grega
INJ/USDT Elliott Wave count 15min TFNice impulse to the upside after a flat correction for INJ.
Expecting a 3rd wave here at lower degree.
I will play long for this impulse with SL 2.55 and TP 3.24-3.32 range.
Also we may have an extended 3rd wave here but I will update the count when I will see more price action!
Good luck!
Meta Undergoes MetamorphosisFor the 9 year span between 2012 and 2021, Facebook grew at an average of 200% per year. Now being almost rested from a 1800% wave that stretched its value from $19 to $359 per share, Zuckerburg and Co. are ready to make way towards their encore siting near the price tag of $2579. A stock split could alter this price target but if an investor were to buy the big dip near $60, I'd expect the 4000% increase in value to remain a high probability outcome for Wave 3.
While Jim Kramer is shedding tears because he was blindsided, we at least knew that META was nearing its peak level and a finish of Wave 5. While I'm not sure of his nor others approach to technical analysis, Elliott Wave gave clear signal that it was not the season for buying META. The morals of the story are simple, buy the dip, don't follow Kramer's advice and SURF!
EURAUD..4h bullish view.(Elliott wave5)EURAUD is running in the wave5 of MR Elliott... expecting more up move specially after breaking out a bullish flag pattern up to the next supply zone...be safe...
ETHUSDT 4H ELLIOTT WAVE ANALYSISDisclaimer
This is not actually 100% correct analysis
Trade at your own risk
BitcoinBitcoin Technical analysis basically on elliott waves Principles and Priceaction Strategy
Bitcoin can be 25000$ but How?
Wait and watch.
ETH/USDT Elliott Wave count 1H TFThis is my trade setup for Ethereum.
I am expecting to see a bounce into the 1423 - 1463 range where I am expecting to end this 4th wave (an extended flat correction) and I will enter long for 5th wave.
Stop lose under invalidation level or use a tight stop at 1400.
Good luck!
FTM/USDT Elliott Wave count 2H TFFantom shows potential for growth and I expect the price to reach the 2.55-2.64 area. At this moment we are in the structure of the 3rd wave of the higher degree (black count), more precisely, I think that the 3rd subwave (red count) of the 3rd wave (blue count) of this 3rd wave of the higher degree (black count) has just finished ) to be finished and subwave 4 (blue count) from wave 3 (black count) should follow. I hope I made myself clear enough, and if you have any questions, I'm waiting for your questions.
Good luck and don't forget to like and subscribe if you think this idea is usefull. Thank you!
3/3/3, delicious juncture pointKeep your eyes on the WTI light crude, important was been tested and the door is open for a (or more) new high(s). Bullish
Short AMBUJA CEMENT with 1:17 RRAmbuja cement is going to fall near about 17% and the stop loss is near to 1% only.
Best time to get the maximum reward.
These types of moves generally come to notice with the ELLIOTT WAVE THEORY, as in this case:
Ambuja cement from its high made wave A sharp and wave B triangle. Wave C is about to come, and if we see wave C near about equal to wave A, the reward is maximum.
Also, wave 5 is extended towards a time high and should be retracted. Half of wave 5 is already retraced and half is left which should be retraced by wave C.
The stop loss is 524 and the target is 426.
Happy trading, guys.
ETH/USDT Elliott Wave count 4H TFEthereum going up with an impulse that may be a wave C from an extended flat corection, or a ”dead cat bounce”.
I think we are at the end of 3rd wave as the price hit 1.618 fib extension 1 vs 2 but price may go a little bit up to end this 3rd wave if it will be extended.
I will update the count for 4th and 5th waves after we see this 3rd wave ended.
Watch also my related ideea and great gains for those who played this 3rd wave.
Bulls are lurking on the chart of the WTIThis juncture looks like a solid base of the bulls. What I see:
- nice divergence at the bottoms (2 - 2, it can be a "slingshot" easily)
- a massive key level for the bulls by the volume profile
- the minor 1 wave's top as critical level for the bulls
Prepare for a massive jump, the bulls will attack these levels.
SNX/USDT Elliott Wave count 1H TFExpecting a move to the downside for SNX and this is my trade setup.
Short entry below 2.200 with stop lose above invalidation line and take profit at T1 and T2.
Probably we have a zigzag patern with a leading diagonal for a wave A and a flat coorection for wave B. Now we are into wave C with wave 1 and 2 finished.
Good luck!
