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Elliottwaveforecasts

Price predictions for MATIC. Are you Bullish on Polygon?My primary expectation for Matic is one more low in a wave five of the wave c. However it has done a lower low so we could technically go up up from here and nearly hit the 50% fib which is an ideal retracement for a lager wave 2. If we are in the wave 4 still before wave down in the wave C. We could comedown between 0.6867 all the way down to 0.4587 in a wave 2. If we come down any further I will be laddering buy orders down to 0.45 cent. Just remember it reversing in this area is not guaranteed but I think its very likely. If we do reverse to the upside the wave 3 targets would be 1.41 to 1.86 which is 90 to 150% from where we are now. :)
MLong
by Luckyjimbob111
Bearish Bitcoin triangle pattern! Ok so this is a bit out there but its entirely possible for Bitcoin. Especially with the current financial climate. Do not take it too seriously as triangle patterns get invalidated all the time but its one to definitely have on the radar. This is how I would see us get to a 10k BTC. We can only look at bullish or bearish patterns and follow them till they get invalidated. BTC is probably one of the most unreliable charts to trade on along with Cardano at the Moment.
BITSTAMP:BTCUSDShort
by Luckyjimbob111
2
Is BTC Bullish again?Ok so we broke out of the triangle to the upside not really my primary expectation. However BTC loves to do the opposite of what we are preparing for :). If this really is the bottom and we are going to move up impulsively we can already count a 1 2 pattern and 3 waves up in a wave 3 in sub waves. We still need a 4 down and 5 up! Looks like we have started wave 4. Price targets $19463 is the 50% fib would be ideal. Then we can focus on higher prices on wave 5 approximately to $20800 to 23k depending on where wave 4 finishes. If we go below the 50% fib the next support is 0.618 at $19245. If we go below this I would question if this wasn't just a C wave up before we go down impulsively in 5 waves to 17k ARE YOU BULLISH OR BEARISH ON BTC RIGHT NOW?
BITSTAMP:BTCUSDLong
by Luckyjimbob111
Nifty fall till 17500 Levels | Wave C confirmed on Daily chartLooking at the current market condition it is very clear that the top of wave B is completed here & also today big red candle gave us the indication that it is going for the wave C -in the downside wave C projects minimum around 61% so first target would be 17511 which is minimum projection & after that it can retrace till 100% (17257) - 127% (17100) -Yesterday's analysis of wave 5 on 15 min chart was invalidated & ABC correction is formed -Form now on till the wave C is completed i am bearish on market & after that we will see new waves which will target All time High & will drive markets to new highs hopefully :) *This theory gets invalidated if today's high is broken* Ideas for profits which i am considering : one can buy OTM puts for the next month expiry & square of positions when targets are archived on the spot chart Disclaimer : this is not recommendation or tips this is my personal view for the markets & i am not SEBI registered analyst.
NSE:NIFTYShort
by mr5476
Elliott Wave Cheat SheetAlthough Elliott Wave Theory is vast subject and needs in depth study, I'm sharing a cheat sheet for those who have started to learn about the same. This should help them in understanding things better. Also, try to correlate the cheat sheet with Nifty50 daily chart and be amazed to see how nicely the Elliott wave principles were followed there in the recent wave. At the same time, please use discretion while following this cheat sheet as this sheet covers only the basic aspects of Elliott Wave principles. Keep (l)earning and keep sharing!!
NSE:NIFTYEducation
by MalayKJ
3
BTC USDT ELLIOT WAVE , Market Maker , Pattern AnalysisBTC USD. I was going through the charts and found a pattern that could play out... Of course, everything here is definitely NFA. This is a 1H BTC chart. This anlysis combines Elliot Waves, Market Maker strategy along with some basic technical analysis . The green background showing were done with the first 5 waves and on the red background part price is currently sitting on the beginning of the last third leg. I use channels for S/R , and fib circles for timing the moves. I think if we might see a move when we cross the circle, or close to it and since the wave cannot be considered if the price breaks the previous higher high, and we have already seen previous waves develop, i have to assume the pattern is valid, and we may see 20141 as highest it can go.... for now.. maybe. Ill add some more confluence...The chart also has 3 vector candles that need to be recovered marked by the red arrows on the chart .. which gives it an even higher probability of the drop. The pink line and the green arrow is showing where we could see the last point where it could bounce from, before heading down.. The Cyan line represents the measured move we could see in the next leg.... which also adds to the confluence of this idea... There also an alternate version of the chart, which expands the fib circle a little more just in case the price lingers on a bit, but i would still expect a move right around where the next ring crossing is. Comments and Thoughts are welcome..
BITSTAMP:BTCUSD
by NashtyBoy
2
BTC 20,550/20,850 then 18,950BTC has many fibs lining up in the same place - at 20,850. That is the 1.414 of AC, the 1.272 of OC, the Elliot Wave impulse of 2.14, and also this same level 20,850 is the 0.236 fib from 25,188 to current support (19.5k). It would be a good idea to short this level if it hits. I expect a bounce (or drop) from 20,550 which is the 1.618 impulse from the bottom. The target of the Short to then flip LONG is 18,950. Then we can continue to trade the channel.
by reiiss7
4