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Neowaveforecast

BITCOIN NEOWAVE ANALYSISBitcoin appears to be forming an ABC correction pattern, with wave B completing precisely at the 1.38 Fibonacci extension of wave A. Since waves A and B have taken roughly equal time to form, wave C is expected to be longer and more drawn-out. It seems likely that wave C could extend until around 2028, though an earlier completion by 2025 remains possible. Wave C targets two key levels, each with its own probability: The higher-probability target is the 0.618 Fibonacci retracement of wave B, around $33,000. Alternatively, wave C could match the length of wave A, pointing to around $28,000. Both scenarios indicate a significant correction before Bitcoin resumes its upward trend. It's important to note that the price could potentially break the ATH one more time before reversing downward. This scenario might resemble the pattern observed at the end of wave G, where a final upward surge preceded a significant decline.
INDEX:BTCUSD
by thekidtrader11
INJUSDT NEOWAVE ANALYSISWave A is the fastest and strongest wave on the chart, indicating that the long-term trend is up, and any downward wave is counter-trend. The pattern is a flat correction, confirmed complete in April 2024 with the drop from $52 to $18. Currently, we appear to be in an X wave. The X wave can be labeled as small or large based on its retracement of the entire pattern. Since it is not yet complete, I cannot provide further details based on the monthly chart. However, the price is likely to fully retrace the $13 low, and it should head lower.
by thekidtrader11
2
ETHUSD 6 MONTHLYSince its inception, ETH has moved up in a 5-wave pattern, which is now being followed by an ABC correction. Wave A occurred during the last bear market. Currently, we are in wave B, and the market is showing a lot of strength. Wave B should retrace the 5th wave completely and move higher. A move higher than wave 5 will indicate a strong B wave. Depending on where wave B finishes, it will determine whether wave C retraces wave A or not. If the B wave falls between 101-123.6% of wave A, there is still a relatively good chance that wave C will completely retrace wave B. If the B wave exceeds 123.6% of wave A, there is little chance that wave C will retrace all of wave B. If it does, it will still be an irregular pattern. When the B wave exceeds 138.2% of wave A, there is no chance that wave C will retrace all of wave B. I personally can see ETH reaching around $7,000 to $9,000 very soon This is all I can say based on the 6-monthly chart.
INDEX:ETHUSD
by thekidtrader11
USDJPY NEOWAVE ANALYSIS (DAILY) Experimental analysis with the intention to follow back later on as I am still learning This pair really excites me. I do not know why, but it has stuck with me, so I thought I’d give this a try even though it should be considered low probability due to me going deep down to the daily. As you can see, once wave F got over, we did get a very good 5-wave rally to complete wave A. Although i have no idea yet what wave A is a part of. After the biggest daily drop since wave 2, we got some downwards movement which indicated that the rally up is over. Now using logic and good reasoning when I think about this, it’s not possible for the downside movement to end so quickly after almost 2 months of upwards movement. Hence, I will take it to believe that the correction is still ongoing and the rally we are seeing right now is a strong B wave rally of a possible flat. I do not know where wave B will end, although since I do consider it to be strong, I will expect it to completely retrace wave A. Once we know where wave B finishes, then only I could understand whether the C wave will completely retrace the B wave. Any prior sell off before retracing wave A would mean that we're looking at a triangle correction
by thekidtrader11
COIN NEOWAVE ANALYSIS (DAILY)Experimental analysis with the intention to follow back later on as I am still learning After posting the weekly chart, I decided to take a look at the daily chart to see if I could spot any clues, Initially, it looked like an expanding triangle, but after reviewing it thoroughly, it did not meet the requirements. The only other formation that could fit this structure is a terminal impulse. In this scenario, Wave 3 is the extended wave, doubling the size of Wave 1. Typically, when Wave 3 is extended, Wave 5 tends to equal the length of Wave 1. If not, then Wave 1 will usually be either 61.8% or 161.8% of Wave 5. With this in mind, I would anticipate a minimum 20% upside, a 35% medium target, and a maximum target around 65%. Obviously, we can only get a real target once wave 4 is over. I do expect this terminal pattern to be part of a complex correction featuring an X wave, or to be the first leg of a larger corrective structure. If you read my weekly analysis, you will understand that this complex correction will end wave G, which would end the B wave. This daily chart hints at a stronger B wave, which would put COIN in a bullish long-term trend. Note: Since this is a daily chart, the probabilities of failure are even.
NASDAQ:COINLong
by thekidtrader11