Neowaveanalysis
NEoWave Analysis of Gold Chart within Daily time framefollowing the previous analysis, it appears that gold exists within a daily time frame in a combined structure of a diametric plus Neutral Triangle Reverse Alternation. To be more exact, we are now in the D wave of the triangle which is a descending wave. afterwards, we should be observing an ascending E wave so the combined structure will be complete and we get into another descending wave that the starting point of D wave is higher than degree.
Trend analysis on goldThe prior scenario on gold unfolded almost pretty much accurate but based on some observations on price movements there is now an alternate scenario which is shown in green and I'm in favour of
Nevertheless, the former scenario is also drawn in light red
please note that:
everything in green relates to the first scenario
everything in red relates to the second scenario
everything in white relates to both
Good Luck
A midterm investment opportunity on alpha apparently based on good fundamental news which had been released on alpha and the way that the price had reacted to them
And under the understanding of the pattern which seems to be forming as an impulsive wave
this coin could be a good investment option for a period of 2 or 3 months.
Good Luck
BTC sell or buy???After today's correction in Bitcoin, a new update is needed for the previous analysis:
This analysis is for clarification only.
Today, the price of Bitcoin had a correction. This correction is completely temporary and can continue for the next two weeks.
But the important point is that the 'W' wave, according to the chart, is finished. So we're in the "X" correction wave, which can be flat, and go up to $ 70- $ 80,000.
The Alt season continues until bitcoin reaches the specified range and breakout (X). But after that, holding bitcoin will be more better than holding altcoins (watch the Bitcoin dominance chart).
Since pumps and dumps in crypto are usually beyond our expectations, I expect ATH Bitcoin to reach prices above $ 100,000 at the end of this bull run.
Remember risk management will be the most important factor in your final return.
Good luck
BTCUSD still too early for sellThe structure formed in bitcoin chart (BTCUSD), seems to be a double-zigzag pattern.
We are currently in "c" wave of the major "y" wave. I expect this wave to continue till the range of $ 70-80 k.
After the end of this wave, the expectation of a daily correction is logical
So i think still too early for sell...
Do not forget about your SL
good luck
XRPBTC big move comingThe time cycles in the XRPBTC chart clearly shows that a big move is coming...
Ripple new partnership to join Defi, could be boosting factor to reach the targets.
As in previous cycles and chart data, i expect Ripple to cross its previous ATH again. But note that this move could take until December 2021
Target are marked in chart
Risk : Medium
Do not forget about your SL. Because Ripple is a centralized coin. So anything is possible
BSVUSD long position low riskThis is nice long setup position for BITFINEX:BSVUSD
It seems that The Diametric structure is forming. Based on this, we expecting a good pump for BSVUSD from this range.
Risk management: Low risk
Targets are marked in chart
Do not forget about the SL
Donate us, if you want
I'll update it soon
good luck
EUREUSD ready for the next rally ?Based on wave structure seems like we are close to the end of the correction (Diametrical formation).
From here, we might get a flat or a triangle next. But regardless, we can expect a 400 pip up move for now.
With a tight stop loss below 1.1749 and a buy stop above 1.1809.
R/R=1/8
BATBTC long positionBATBTC
this is a short time setup for long position (2 weeks)
As shown in the chart, I expect the 5-wave to start from this range and go at least to the previous ATH.
Risk level : medium
Targets marked in chart
Do not forget about the SL
good luck
Stock market HOURS from crashing ?Based on the wave structure of S&P500 index it seems like we are very close to a MAJOR top (at least in terms of price), as I've shown on the chart, a 6%~10% decline is due, after which there are two scenarios, one being the continuation of the bear market into 3333 level (at least), another being market getting really choppy and boring and just wasting time and then tipping.