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Leading Diagonal

YFI Elliott wave countYFI possibly finishing wave 4 here. this count will still be valid if it dips further, unless it dips below wave 2. since it has already dipped below wave 1 this can only be considered a leading diagonal, otherwise the count is invalid. if this plays out as a leading diagonal, then the top of this cycle can easily be located when near the trendline resistance that connects the tops of wave 1,3 and 5 on of the possible Top locations would be around the 1.618 fib level from the 4th wave which places it around 140k the current indicated waves can be confirmed by the MTF Wave stoch RSI (2nd indicator from top) on different timeframes...
by cryptoheat
1
EURUSD - Elliott wave – update count wave – minor wave 2 unfoldi minor wave 2 of intermediate wave (3) unfolding in abc wave a looks over in a leading triangle – wave b should follow in a corretive mode ALT: inermadiate wave (2) is not over – movement from 1,1700 to 1.2260 is corrective minor wave X is over – wave Y should follow in a double zigzag trought and behind 1.1700 level - 1-2 , 1-2 - 1-2 unfolding. critical price area previous daily close 1.2125 PP 1.2145 DW
by francescoforex
1
Ethereum ETHUSDT - Ascending triangle + Breaking out!- Ethereum is forming an ascending triangle, which is generally a bullish sign! - Also, the price is above the trendline. - Out target can be below the all time high level . - ABC correction should be over. - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓ - If you want to see more of these ideas, hit "Like" & "Follow"! - ETHBTC pair looks also very strong.
Long
by UnknownUnicorn2537518
15
EURUSD - Elliott wave – monitoring - minuette c over or iii stil wave iii still runnig in wave ((2)) – downside movement from 1.2244 looks corrective in an expanded flat - test area fib ret. 1.2130/1.2150. ALT: wave c of (b) is over – motive wave should follow downside 1/2–1/2 or leading diagonal – test area fib. Retr 1.2200/1,2208 critical price area previus daily close 1.2170 PP 1.2200 FIB: 1.2130/1.2150 - 1.2200/1,2208 static S/R 1.2125-1.2244 volatility D 1.2136-1.2223
by francescoforex
Gold. Leading Diagonal Still Valid. Updated 8 May 21We are @ wave a (green, circled ) of Final Leg Up of wave 5 (yellow) of the leading diagonal pattern. Price of wave a (green, circled ) (maybe) will reach @ around 1850, Before retrace back to daily 200 ema and the trendline @ around 1800-1790 before final leg up for wave c (green, circled ) and wave 5 (yellow) to reach @ around 1860, where there is a confluence area / intersection between the upper trendline of leading diagonal and longterm downtrend line from all time high @ around 2070 P/s In Inside any impulsive 1,3,5 waves.. There has been "always" only a,b,c subway NOT 1,2,3,4,5 waves!
FX:XAUUSDShort
by SteveTan
2
Ripple Continues Its Expected DescentVery important. Ripple completed 5 total waves down on its journey from $1.89 to $0.85. Within all Elliott Wave corrections, a single 5 wave move cannot be the complete form of the correction. It is only 50% of the correction at maximum. With 5 waves considered as A wave, we can expect 3 corrective bull waves upward for B. My target range for the up move is $1.65 - $1.85. Without accomplishing a new high above the recent price, we can very well expect Ripple to continue south to the range of $0.19 - $0.65. Considering that this range does not take us to the expected retracement level of a diagonal correction, there is a slight but good chance that a double zig zag forms to trap overeager bulls and present patient bears with an exciting buying opportunity. In my opinion, there are no good long term buy positions currently available, especially considering the steep discount soon to come.
POLONIEX:XRPUSDShort
by DigitalSurfTrading
11
80% Dip In Play for RippleWithout finding support above $1.11, expect a 80% drop in Ripple's current price. While I misjudged the final massive pump, the fact that Wave 4 breached Wave 1 yet remains a fact. Consider the current market structure as Leading Diagonal formation (still). Typically within Leading Diagonals, after Wave 5 completes, the bearish correction returns for a diabolical test within Wave 1's territory. The most supportive price within Wave 1 lies between 0.14 and 0.18 cents. Currently we are witnessing nothing more than a pump and dump. Not blaming the whales for this, nor giving them credit, as I'm frankly not a believer but its safe to classify the tail end of a Leading Diagonal as 'pump and dump' because that's exactly what happens, every time. This drop could take anywhere from 45-90 days. Line up your positions now.
BITFINEX:XRPUSDShort
by DigitalSurfTrading
78
Ripple XRPUSD - Road to 100 USD! | Millennium IMPULSE Wave!- XRP is absolutely ready for a massive gains as the current never ending consolidation has finished successfully! - As per my Elliott Wave count, I can really definitely see a brutal 5th Impulse wave to the upside starting in the immidiate short term! - Do not forget to check my the most important analysis on BTC.D (Bitcoin dominance). - XRP fell from 2. down to 7. place on Coinmarketcap in recent months. - XRP is in my opinion the most hated coin on the cryptocurrency market (pump and dump). - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓ - 200 weekly moving average is rising, which is of course a positive sign! - Make sure to have enough XRP in your wallet, as I do not recommend to use futures markets for this coin. - If you want to see more of these ideas, hit "Like" & "Follow"!
POLONIEX:XRPUSDLong
by UnknownUnicorn2537518
59
BTC.D Bitcoin Dominance - The Biggest ALT-SEASON in the History!- I hope you are ready for the upcoming historical move for altcoins in the crypto space! - We have a double top reversal pattern between weekly swing highs (September 2019 and December 2020). - On the weekly timeframe, we can spot an Head and Shoulders pattern that is currently preparing for the greatest move in the history. - See my related ideas about the most promising coins in the related section (BTT, LSK, ICX, BTS, BRD)! - You can trade this upcoming breakout simply by buying right altcoins. Or by exchanging bitcoin (sell) for altcoins (buy). - A question is where is the target. We can target 0.618 FIB retracement as our first target, then we can short again after a retracement - down to the 1:1 FIB double bottom level! - The most impotant things is to pick the right altcoins in the upcoming alt season and if you are not sure, which one to choose, please check my signature below ↓ - As per a general Elliott wave rule, wave 3 is offten the strongest, but never the shortest. (99% of the time). - In this case a major 3rd Impulse wave just started on the weekly / moonthly scale! - Expected duration of the trade, Stop Loss, Profit Target, Entry Price and Risk To Reward Ratio - for more information, please check my signature below ↓ - 200 weekly moving average can serve as a resistance in the near future, but the price is currently above the moving average. - Unfortunately or rather lucklily, the 200 index is curving down, which can provides us a lot of fake signals as a support! I would rather use the 200 MA as a resistance rather than a support! - If you want to see more of these ideas, hit "Like" & "Follow"!
CRYPTOCAP:BTC.D
by UnknownUnicorn2537518
45
Icon ICXUSDT - Head and Shoulders + Symmetrical triangle- Icon (ICX) Rank 77 on coinmarketcap is increasing every week. - South Korea government use ICON coin as enterprise adoption and solutions. - Market Cap $1,166,202,128 ### 24h volume $101,688,807 ### Max Supply: Infinite. - The price is above the HaS neckline and currently forming symmetrical triangle - bullish continuation pattern. - Expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - For more information, please check my signature below ↓ - 3th Elliott impulse wave is now in progress, we do not really know, how strong the 3rd wave is going to be. - Profit target is below ATH level, but of course, after a retracement - I am expecting new all time highs! - If you want to see more of these ideas, hit "Like" & "Follow"!
Long
by UnknownUnicorn2537518
36