Get started

Elliottwaveanalyis

I maintain my biases towards the black countAs I have discussed many times previously, we are about to enter the stage where triangles typically will break apart. What will constitute the triangle breaking apart is for price to breach either our purple (a) wave high, or our purple (b) wave low. Price must continue to constrict to maintain the integrity of the triangle. Nonetheless, in my primary analysis I do believe we break upwards in the black count, but as of right now we have no confirmation as whether the purple or black count will prevail. I suspect this week will be informative. Chris
NASDAQ:NVDA
by maikisch
The Large Triple Correction WXYXZ in BTCThe Large Triple Correction WXYXZ in BTC is a formation often used in Elliott Wave Theory to describe a major corrective move. This formation refers to an extended series of sub-waves in a large correction. The general structure consists of five waves: W, X, Y, X, Z, representing a more complex corrective process. The typical behavior is as follows: W: The first corrective wave, usually taking the form of a zigzag or corrective wave. X: The recovery phase of the correction; generally a weak upward movement and often formed with lower volume. Y: The second corrective wave, following the completion of wave W, representing a new downward move. X: The second recovery wave, similar to the first X wave but typically shorter in duration. We are nearing the end of the Large Triple Correction WXYXZ in BTC. After completing the final wave C, I expect a downward turn. Once it reaches the 48-49 level, the long journey may begin.
Short
by kofc
3
(1D) BTCUSD 3-3-5 REGULAR FLAT CORRECTIONTHERE'S A CHANCE BITCOIN MAY GO TO $43000. We hit my nominal target of $56000 three times now during this larger time frame correction, which started at the ATH in March. It SEEMINGLY looks like we got the 'final' bounce off the 50% retracement fib @ $49000. HOWEVER, I don't like the way she's just hanging out mid-air between trend lines. This typically gives me the indication that the move isn't over just yet. I've updated my wave counts; looks like we are dealing with a 3-3-5 REGULAR FLAT PATTERN, which may terminate around $43000 nominal, which coincides with the next available support trend line and 61.8% retracement fib. Let's see if this thesis plays out. Just a bit more pain left until we see upside impulse again towards ATH's. Be patient and hang tight! IF that support doesn't hold, we are going to mid-30K.
BITSTAMP:BTCUSDLong
by PHICAPITALINVESTMENTS
1
LTCUSDT Elliott wave countLitecoin bullish sequence in 5 waves, wave ((i)) started from 40.29 low to 115.05 high favors more upside. Wave ((ii)) pullback ended 55.00 low. Leading diagonal started from 55.00 low to 113.00 high for wave (i) of ((iii)) followed by a pullback started from 113.00 high to 67.28 low, a complex correction for wave (ii). Above 67.28 we are looking to the upside for wave (iii) of higher degree wave ((iii)). Clearing 89.67 will add more confidence that wave (iii) is unfolding. Possible target for wave (iii)) 200 - 215.
by Cross10XSignals
ARBUSDT Elliott wave countArbitrum sitting on 0.618 fib retracement of wave ((i)) or ((a)) and support of previous low from 0.7390. Wave ((ii)) or ((b)) an expanded flat correction with wave (c) a 5 waves decline from 2.4250 to 0.7333 that broke below previous low 0.7390. At this level we are watching for evidences for a possible shift to the upside as oscillators are showing bullish divergence and trend to the downside is showing weakness. Price must clear 0.9984 and 1.2754 in 5 waves for a wave (i) of ((iii)) or ((c))). We will post updates soon with an intraday count. Hit the like button if you like my analysis and follow me for future updates and intraday count! Good luck!
by Cross10XSignals