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Elliotwaveanalysis

ETH : Following BTC, Elliot Correction Wave $2700📉Hi Traders, Investors and Speculators of Charts📈 ETH is currently following BTC along with the rest of the crypto market into a correction wave. By following Elliot Wave Theory, we can find a target for a potential bounce zone for the current corrective pattern. Ideally, we'd want to see a successful bounce from the 50d moving averages here (green), but a wick towards the 100d (turquoise) will not be unusual: Here are my thoughts on Ethereum from a MACRO outlook, for future potential targets: If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck BINANCE:ETHUSDT
by CryptoCheck-
3
Dogecoin - intermediate Triangle of primary trand continuationIn Elliot wave principle analysis - Triangle is a figure of a trend continuation. It always occurs in a position prior to the final actionary wave, in the pattern of one larger degree. I.e as a wave four in an impulse, wave B in an A-B-C, or the final wave X in a double or triple Zigzag. A triangle may also occur as the final actionary pattern in a corrective combination, although even then it usually precedes the final actionary wave in the pattern of one larger degree than the corrective combination. The triangle is part of corrective wave and the exit target of the reactionary wave is already worked out. The probability than we go down is higher than we go up, you can find it in a previous postings. You can see an example how worked out the triangle exit on Silver 1974 year - fourth wave, as well. As for bottom of this triangle, you can see it on this chart: -0.00769 USD. Good luck in your trading and have a massive profit !
CRYPTO:DOGEUSDShort
by dogecoin_chain
1
#ETH seems like is ready for the upside moveAs visible in the chart, we have a well-established bullish trend and market structure in the daily timeframe chart of ETH. Following the formation of a top on March 12th, 2024, the price initiated a corrective bearish move, corresponding to an ABC zigzag correction and retracing approximately 61.8% from the previous bullish move. Furthermore, the price has also reached a bullish trendline, which could act as static support. Additionally, tomorrow, on April 19th, we have the halving event, which has historically brought buying pressure to ETH. If you've found this analysis helpful, please take a moment to like, comment, or share your thoughts with me.
Long
by mohemati
BTC Elliot Wave 3-4 : CORRECTION Before HALVING📉Hi Traders, Investors and Speculators of Charts📈 Fractals are a helpful way to identify how markets have previously moved. When identifying a similar pattern, it can be useful to speculate future potential price action. Here we'll take a look at how the previous bullish cycle played out. By following Elliot Wave Theory, we can find a target for a potential bounce zone for the current corrective pattern. Find HERE the method I used to call the bullish cycle early: If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck BINANCE:BTCUSDT COINBASE:BTCUSD BITSTAMP:BTCUSD KUCOIN:BTCUSDT
Short
by CryptoCheck-
3
Crude Oil Consolidating Within UptrendCrude oil stabilized this week around $84 per barrel on the May 2024 contract, from which we are seeing some nice rebounds after recent events between Iran and Israel. There is a risk that this escalation will not be over anytime soon, so energy prices may remain in an uptrend, possibly heading for a higher fifth wave back above last week's highs. If the market suddenly breaks below $84, there could still be support around $83.50, justifying a more complex pullback for wave four, but still indicative of a correction.
NYMEX:CLK2024Long
by ew-forecast
Dogecoin - Ending diagonal triangleAn ascending diagonal triangle is a bearish sign and is usually followed by a sharp drop in prices, at least to the level where the triangle started. Fifth wave lengthening, truncated fifth wave, final diagonal triangle - all these patterns contain the same fact: an upcoming impressive change of direction. The sign of the overlap of waves 1 and 4 and the convergence of the wedge-shaped forming lines remain the same as in the final triangle. However, the subdivision into waves is different, drawing a 5-3-5-5-3-5 pattern. The bottom for the pattern of in the short term figure is 0.082 EUR or 0,088 USD. Good luck in your trading and have a massive profit.
by dogecoin_chain
Simple chart analysis for EURUSDRecent news downtrend E.W. finished on m15 timeframe, but H4 and H1 timeframe don't have the structure. Therefore, another bearishtrend should form to complete the E.W. on the higher timeframes. Bullish E.W. on m15 will start forming. I used a repeated 0.40% zones for retracements, but probably will go directly to 300%. Note: Probably whales where thinking on getting the reverse of this downtrend, so it will be beneficial for the market to keep falling. There's a volume correction that haves to be done on M1 timeframe. It is likely that this year will end chart doing the correction. The correction is on 0.96k
Short
by Ftradorex
🐳Cardano will Go Up Again🐳Hi. BINANCE:ADAUSDT ✅Today, I want to analyze ADA for you in a 12h time frame so that we can have a MID-term view of ADA regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). After the fifth bullish wave, Cardano has completed his corrective waves (ABC) and now he has reached the end of the wedge, now it is time to start the five bullish waves .also a bullish Divergence (RD+) on MACD which shows Positive Signs for CARDANO. ✅ Due to the Ascending structure of the chart... 🟢 High potential areas are clear in the chart. 🟢 Bullish Wedge. 🟢 Starting 5th waves. 🟢 Bullish Divergence ❗ Note that if the WEDGE is broken down with the power of descending candles, our analysis will fail. Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard