Elliotwavecount
Ethereum 3D Elliot waves with demand zone analysis hello friends,
as you can see on the chart, we have a solid downward 5-waves movement and since the wave 4 of the Elliot waves theory is already completed, we should wait for the 5th wave to mature to find the bottom.
I believe the market will continue its downward 5th wave and the best demand zone for the wave completion will be 550-640 order block . so if you want to invest in Ethereum the best support zone is yet to come and if you be patient enough you will get to buy it on very attractive prices.
Setting orders on the mention order block (550-640 USDT) with a stop loss of 490 to prevent from being stopped out on sudden market movements is a proper investment strategy for Ethereum.
Please manage your risk responsibly and make informed decisions.
good luck!
Gold 2016-2023 - Elliott Wave Analysis
23hr chart. Short term bullish , but the first 2-3 quarters of 2023 may be bearish.
(Note there is a small intraday truncation of the green wave (v), but it seems justified by the confirmed bearish retracement and it doesn't appear on daily chart .
Image ref: priceactionhelp.com
Natural gas one more low then we explode to the upside We've been tracking this C wave for some time now and it finally looks like we're getting the wave 5 of C which should finish somewhere around the $5 area. Once we reach this price point we will be going long with an ultimate target of $15 which is a HUGE trade.
AUDUSDHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
The way I told you, you have to trade like this and you will have more profit always and you will not be a loss.
Volkswagen going wild soon Germany's largest carmaker and DAX40 group Volkswagen did not perform well on the stock market in recent months and the share price went south. Since the beginning of the Ukraine war, the price lost slightly over 50% or 126€.
On the overarching chart picture, however, this sell-off is only part of an overarching correction according to my assessment. The market is catching its breath to be able to survive the upcoming wave 3 well.
Due to the current market situation on the indices, especially the strong sell-off in the German economy, the price will probably come down to the 0.887 retracement at the 99€, before the trend direction of the market turns.
From there, a price increase of at least 300% is possible on a multi-year level. The 1.618 extension is at 396€ per share.
elliotwave still on trackstill on a zigzag pattern, can we break the price at 32k can we speak of a trend reversal. if we are rejected below you can say that we are making leg 4 on higher time frame and go 1 more time down for a lower low, before we can look further at the price action we have to be patient and wait to see what the market will do.
BTC Prediction, Bearish!?!if it is in a zig zag correction then it will do something like this. Most likely however, wave 3 will be longer etc and the first 5 wave move is just an estimate of the usual fib points each wave reaches. The whole zigzag will probs reach 0.5 of larger wave 1, which we will then see btc impulse down quite hard i presume if this is all true.
what are your thoughts?
Ambuja Cement This stock has completed 4th wave on daily time frame, and now possibly we are in 5th wave, once resistance trendline is broken then it would be a good trigger point to go long, stock had reached that trendline and currently trying to break, once it's broken, then bulls can take charge, also trend indicators and wave counts are suggesting to go long.
Overall wave structure on daily time frame
Macd in daily positive crossover and Uptick and also above zero line
Macd in weekly positive crossover and Uptick and also above zero line
RSI trendline breakout on daily time frame, uptick and also above 60
Price pushing upper bollinger band to open more upside
RK's Mass psychological Cloud buy activated
Dmi adx also positive on daily time frame
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing
Bitcoin Bearish? WIPWork in progress...Just throwing this out there, based on current sentiment, also DXY seems to be taking a new run higher. Long term bullish, but for the medium term, I think we can go down. Playing around with Elliot Waves here for fun. Missed the greatest short entry last week north of 24K (technical reasons) Might look to short if we bounce a bit higher for a lower risk short. Also DCA'ing on the way down. I think we have a chance of "sweeping the lows" as they say, as the whales tend to run stops when given an "excuse."
USDJPY (intermediate wave 4)This is the
Intermediate wave 4 of wave 3 (particularly the C wave)
Intermediate wave 3 is also the extended Minor wave 5 ((all within extended wave intermediate 3)
Intermediate wave 3 is also the extended minute wave 5 (all within extended wave intermediate 3)
Expecting
target 1 131.9
target 2 127.5
Then continuing for intermediate 5
Note: All 12345ABC start with the Primary Cycle