Get started

Elliott Wave

KuCoin Is Looking For A Bullish ContinuationKuCoin with ticker KCSUSD is nicely rising as expected after we spotted a completed higher degree wave IV correction and bullish breakout for a higher degree wave V a year ago. As you can see today, KCSUSD is still holding up well and it may actually formed a lower degree bullish setup formation with subwaves 1 and 2, which can now extend the rally within subwave 3 of a five-wave bullish cycle within that higher degree wave V. KCS is KuCoin's native token, launched in 2017 as a profit-sharing token. Initially issued as an ERC-20 token on Ethereum, its total supply was 200 million, with plans to reduce it to 100 million through buybacks and burns. KCS will eventually become the native asset for KuCoin's decentralized financial services and governance. KuCoin aims to empower KCS, making it a key product within its ecosystem. As KuCoin develops its DEX and KuChain, KCS will serve as the primary token for these decentralized products.
Long
by ew-forecast
NZDJPY → 92.00 - bull run triggerOANDA:NZDJPY continues to accumulate pre-breakout potential against 92.000 resistance. Japan's national currency continues to weaken amid inaction from the country's Central Bank and the dollar rally... On D1 and H1, the structure coincides and generally tells us that the price is ready to go up. Trigger 91.950 - 92.00. If buyers can break this resistance area and hold their defenses above this zone, a quick distribution will not be far behind. JPY confirms its downward course by breaking support, which generally defines the medium-term potential for us. Resistance levels: 92.00 Support levels: 91.362 The overall structure will be broken when the support at 91.36 is broken, but there are no hints of that yet. The currency pair does not fall after the false breakdown of resistance, but continues to inflate the potential, which generally confirms the bullish intentions to go higher. Rate, share your opinion and questions, let's discuss what's going on with ★ OANDA:NZDJPY ;) Regards R. Linda!
Long
by RLinda
4
Update doge on fire.1. Fibonacci Retracement Levels The chart uses Fibonacci retracement levels to track the correction after the price reached a high of around 0.43850. Key levels are: 61.8% (0.40110): This is a significant resistance level. If the price tests this level and fails to break through, it could indicate a potential further downward move. 50.0% (0.38955) and 38.2% (0.37800): Additional resistance levels, suggesting that if the price cannot surpass these levels, it may strengthen the bearish trend. Currently, the price appears to be testing the 61.8% level. If it fails to break above, there is a high likelihood that the price will continue to move down. 2. Wave A-B-C and Wave C Targets Wave A represents the initial downward movement from the peak (Point 1), followed by Wave B, which is a corrective uptrend that couldn’t reach the previous high. Wave C is expected to be a continuation of the downtrend, often marking a new low. Based on the Fibonacci extension, the key targets for Wave C are: Levels 0.618 and 1.0, approximately 0.34 to 0.36 – This could be the first support level to be tested if the price drops to this zone. If this level doesn’t hold, the price may test the 1.382 level (0.28), which is a significant psychological support and may attract buying interest. 3. Projected Price Path The dashed lines and projected path suggest a potential downtrend towards the 0.34 to 0.28 range based on the Fibonacci extension targets. Additionally, if there are signs of recovery in these support areas, it could be a positive signal for re-entering the market. However, if the price breaks below 0.28, it may indicate a stronger long-term downtrend. Summary: This analysis suggests that: If the price tests the 61.8% level (0.40110) and fails to break it, the price may likely move down towards the Fibonacci extension levels. The target for the correction might be around 0.34 to 0.28, which are key support levels for Wave C. Monitoring for a recovery signal at these support levels is recommended, as it could indicate a potential price reversal. Keep in mind that technical analysis is only a forecast based on historical data, and nothing is certain.
BITSTAMP:DOGEUSD
by Good_Phongram
Gold Short-Term Bearish SetupGold experienced a significant $200 drop, forming a clear five-wave decline that hit its downside targets. A bullish engulfing candle and a Tweezer Top pattern have emerged, indicating a potential upward rebound in a corrective wave targeting one of these levels: 2665, 2690, or 2715. Gold might dip again before reaching these targets, but as long as it does not close below 2589, this outlook remains valid especially if gold surpasses 2627. This level would serve as the strongest signal for an upward rebound in wave or .
FX_IDC:XAUUSDShort
by Market_Minds_SM
NEIROETH → The coin is one step away from rallying ↑BINANCE:NEIROETHUSDT.P consolidates before a possible takeoff. The potential of the cryptocurrency market is beginning to unfold amid the excitement surrounding Trump's victory While bitcoin is hitting all-time highs, some altcoins are still considered extremely undervalued. NEIROETH is coming out of accumulation (triangle) but faces a strong liquidity zone. The coin continues to accumulate potential, but with a hint of resistance breakout. The key liquidity zone is 0.1150. Technically, the picture on the chart is shaping up to be extremely bullish: no renewal of lows, strong consolidations and strong support levels. Resistance levels: 0.1150, 0.1400 Support levels: 0.0923, 0.067 I do not exclude the possibility of support retest and formation of a false breakdown before further growth. But in any case, a break of the key liquidity zone at 0.115 may trigger a rally. Rate, share your opinion and questions, let's discuss what's going on with ★ BINANCE:NEIROETHUSDT.P ;) Regards R. Linda!
Long
by RLinda
3
BOUNCE FOLLOWED BY LOWER PRICES FORECASTEDWhile the higher degree long-term outlook for this dividend giant is bullish, the short-term outlook is not likely to bring new all-time highs. Earlier this year we anticipated new all-time highs, but that changed when KO hit it’s 63.18 low last week. What changed the forecast was the technicals surrounding that low. While the price action is currently cooked to the downside, there are no clear indications of a reversal, with the weekly RSI indicating more room to the downside, and the MACD supporting that theory. This tells us to turn to the most telling indicator, which is volume, which indicates there is still strength to the downside. That said, we know the market does not move in straight lines and a strong bounce off the 63.18 low is likely. We currently forecast that bounce to target the round number zone of 70, forming a B-Wave rejection of higher prices, that will be followed by a C-wave, which will likely target the weekly point of control around 60. With that in mind, C-waves can truncate their targets, especially when the ticket involved is a popular long-term dividend target like KO, and we are talking about a long-term low that will create a significant buying opportunity. That said, if you can deal with the near-term volatility, the 63 zone may not be a bad entry zone.
NYSE:KOLong
by BlueLineTradingLLC
1
Bitcoin 100 to 120kIts been awhile since my last video, but I couldn't help but post since its all time highs. Just looking at this wave taken from the low in August, I am targeting 100-120k Right now I think we are in a sub 3 wave and don't expect under 80k. It has been moving fast since November 4th and don't expect a long time holding in this sub wave 4 correction. Possible a larger degree wave 3 ~94-100k that is a needed correction to break through 100k. Want it to hold the 73-75k at this point. Will try to do an update on what I'm expecting for a correction after this move progresses further. Let me know if you want to see other coins or have any questions. I'm trading ETH, ADA , DOGE atm
INDEX:BTCUSDLong
by cryptowaveman
BTC is making near term top at high around 90k?COINBASE:BTCUSD seem to have made a near term top around 90K because we can see a 5 wave decline from that high in hourly chart. If this decline remains 5 wave (or 9/13) followed by a corrective pullback then we can expect a much deeper decline next. COINBASE:ETHUSD seem to have already completed 5 wave down followed by a pullback and seem to be in wave 3 down now. I was expecting #ETH to follow the lead of #BTC but looks like in this case, #ETH is running ahead.
COINBASE:BTCUSDShort
by YetAnotherTA
Bitcoin Analysis==>>Where is the End of the Rally!?Bitcoin ( BINANCE:BTCUSDT ) was able to start a new rally after breaking the upper line of Descending Broadening Wedge Pattern . Bitcoin is moving near the Potential Reversal Zone(PRZ) , the Resistance lines , the middle line of Pitchfork , and the Time Reversal Zone(TRZ) . According to the Elliott wave theory , Bitcoin is near to completing the Main wave 5 in PRZ . Also, Regular Divergence(RD-) between Consecutive Peaks in MACD and RSI Indicators . I expect Bitcoin will decrease after touching the Resistance lines to fill the important CME Gap($77,360-$80,670) . ⚠️Note: We can expect more pumps if Bitcoin breaks the Potential Reversal Zone(PRZ) ⚠️==Low possible. What is your idea of Bitcoin being able to touch $100,000 during the current week❗️❓ Bitcoin Analyze (BTCUSDT), Weekly time frame⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates ; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe. 🔔Be sure to follow the updated ideas.🔔
Short
by pejman_zwin
17