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Elliottwaveanalyis

Matic Did I miss the boat? Elliott waveIf 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! Matic got the new low for a potential 5 waves in down in this variant. And have been watching this move up for a play. Waiting to see if this finishes here and moves back down to the GZ and support in a corrective fashion. If it does will consider a long, if it blasts, new plan. Can always get in later, it may hurt, but sticking to the plan. Being an impulse, I could be missing something and could break the low...hence a corrective to and reaction off would be ideal. Cheers!
MLong
by CryptoKnee
FTM/USDT Elliott Wave count 12H TFFantom into a falling wedge pattern what I think it is a 5th wave ending diagonal, translated into Elliott wave theory. Probably we ended the wave A from an ABC 5th wave of a 5th wave bigger degree and now we may enter into wave B from this ABC pattern(red count). A trade plan here is to sell into 0.5 - 0.618 fib retracement (0.235 - 0.226 zone) of the wave A where also we have a strong resistance, the red pointed slope trend line. Targets for this 5th wave is 0.150 - 0.145 zone where we have previous low from July 2021. We may take into consideration a truncation here as 0.618 fib extension 3rd vs 4th it perfectly aligns with the previous November 22 bottom. Bigger picture remains bearish on FTM. Any breakup of the wedge pattern will invalidated the count!! If you want me to analyze other coins that interest you, please write in the comments, I will gladly do it within the available time. Good luck!
FShort
by Cross10XSignals
2
TSLA, Turn?If 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! Cheers! Not a bad area for a turn here. Hitting some resistance, some Elliott Wave Fibs and some geometry. BUT the bounce up appears to be a 3 wave move and a swift move down, which may suggest it is just a correction and more down is coming. Some kind of truncation could have occurred but would need to see some swift upwards to confirm. Watching this retracement. If it comes up to at least the .50 in a corrective move, that could be an indication the down is come. IF it heads down, there is some nice previous resistance that could be as support.
NASDAQ:TSLAShort
by CryptoKnee
BTC/USDT Elliott Wave count 4H TFBictoin bullish and bearish scenarios. Bullish scenario: Bitcoin could go up correctively with an extended flat pattern if the formation in the ellipse is a 12 12. The confirmation of this scenario could be if Bictoin breaks above 17500. Also look at the realted idea for the bullish scenario. Bearish scenario: Bitcoin could go down if this correction is a triangle for a wave B, which is not yet completed. The proof of this scenario could be if Bictoin forms this triangle and breaks below 16000, which would also invalidate the bullish scenario. If you like my analysis, give it a like and click subscribe for future counts. Good luck!
COINBASE:BTCUSD
by Cross10XSignals
9
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!
FShort
by Cross10XSignals
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.
TVC:DXY
by ew-forecast
1