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Elliottwaveanalyis

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.
Short
by Aksel_Rom
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!
FTX:BTCPERP
by Cross10XSignals
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
by ew-forecast
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!
NASDAQ:METALong
by DigitalSurfTrading
1
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!
FLong
by Cross10XSignals
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.
NSE:AMBUJACEMShort
by tradersmantra
ETH/USDT Elliott Wave count 2H TFEthereum may go up with an impulse to end an expended flat correction . Wave A that may form flat pattern is a zigzag with wave B a triangle Wave B that may form flat pattern is a zigzag also but with wave B a complex correction WXY. Also wave B it pass below starting point ot wave A. Wave C We have 2 waves (2 ABC) and now I think we have a wave 1 from an impulse Wave C that will form flat correction. Wave 2 from it may not be ended at the time I am writting this. What is important here is that the price break above 1300 to can say that wave 2 is finished and to have more confidence in this count. Below 1189 this count is invalidated. I will update this count when I will see more price action. If you like my analysis subscribe for future ideeas and updates and hit the like button. Thank you and good luck!
COINBASE:ETHUSDLong
by Cross10XSignals
4