$GOLD - Targets above 2500 for wave 5. This Ukraine situation has prompted what was alraedy in the cards for AU. The ounce of gold his knocking on the 2k mark which is a huge psychological level.
This is actually the first time I've looked at this gold chart in a really long time and the weekly is making textbook waves from A to Z.
Trade safe people!
Thecryptofoundry
$FTT (Log)- Correction unlikely done here. But looks promising. This is one of my bluechip coins and has been for sometime. I miss the first move up and I don't intend to let that happen again.
Some big CT accounts are calling for sub 10$ prices. While I can understand the confluence, I still see a support well above that level. With the extended 3rd wave, I do see a good reason to bounce around the 19$ range. I see the waves clearly on this coin and I'll be tempted to short into my bias at some point in the near future. I see us finishing waves ii/Ⓨ/(C)/5 with the current 5 wave impulsive or diagonal structure. WXY is clear as day from the top of ⑤.
Safe trades to all of you. Don't forget your SL.
$BTC - #Bitcoin. My current take. If we go back to my analysis in August of 2021, you could see I had anticipated the flat. Although it went higher than anticipated, I count this as a success.
I had a bit of trouble looking into the 2017 bull run for the sub wave count, but it works. Subwaves matter, but we have established as a community that the 2017 run was wave 1 and we are currently in wave 3.
As for the current structure, if i'm wrong and the top isn't a flat, we may be in for a much longer bear market... as this could be only A playing out.
For now let's assume C is coming to an end within the next few weeks so we can look to greener pastures and a new bull run.
Safe trades to all. Stay safe out there.
$QNT - (Log chart) Getting down there soon. This is a follow up from my last (failed) idea on $QNT: It did not run independently this time. It failed to regain its EMA support and fell like the rest. But I do anticipate this coin will have one of the strongest runs in the next part of this cycle:
I see a WXY correction almost finishing and we can see there is some decent convergence support on the right side of the chart.
Let me know what you think.
Trade safe.
$MATIC - Very juicy opportunities await. This is an update from this Idea back in March. As you can see, the waves played out beautifully. Its now time to zoom in, count the waves and pinpoint where it will end its run.
So I have us going up for wave 4 of C (almost done mind you). And then the way down to finish off wave 5 like the majority of the crypto space. I have my eyes on two zones identified by the magnets. We will be able to zoom in some more as the waves come in and we get closer to bottom time.
Trade safe.
$SOL - Update on a previous Analysis. Bottom almost in.
If you click play, you'll see I have a wave analysis. I've updated the waves in this one. You can see my new targets are a bit lower, but I'm still expecting the move down to be over in the coming weeks.
We are in the final wave 5 of C in a lovely zigzag correction.
I hope this chart soothes crypto soul as it did mine. I'm wishing this Eth killer the best of luck.
Safe trades to all!
$ETH - Count is pretty clearI have charted this coin a bit lately. Although I heavily disagree with the high gas fees, it is still a mainstream coin that deserves consideration.
Waves are pretty clear. I'm expecting a deep wave 4 (up). Followed by a steep wave 5 that should be relatively short in length as well.
Lets see how this plays out.
Safe trades to all.
$AAVE (log scale) - As with many others... almost done. I have $AAVE completing a complex correction structure in an WYX combo. Fibs are out the window pretty much once the 0.88-0.9 fib range falls through, so we need to find other means of evaluating bounce zones. And in this instance I found a previous support/resistance area that I think has a decent chance of being the bottom.
As for the previous impulse. Wave 3 is clear as day on most of our indicators. <= Wave 3 is the strongest and no the shortest.
The ensuing correction is not a typical impulse but rather a series of ZigZags. Not the best waves, but its clearest counted in this way.
$BTC CME - Gap Created. Good signs for a bounce, alts. I had a bias of BTC going back up to reclaim 35k at the very least before laying eyes on this chart.
From an EW perspective, we had previously drawn a shallow 2, and a deep wave 4.
Now if we dive into the subwaves of this wave 5, I feel like wave 3 could be finished and we need to go up and fill that gap to play out wave 4.
Safe trades to all.
$ENJ (log chart) - Not quite there. There's a case for the move down being done (ABC classic ZigZag ).
But I dont like that fact that the 2D RSI here isn't above the 30 mark on its divergence. Which leads me to believe we could see one more bout of downside to finish off this correction.
The coin is making nice waves tho and I have good hopes to see it at ATH before long.
Happy trades to all.
$SOL - Almost almost ... Almost done. $SOL - I'd estimate SOL's correction being done to about 70%. Although there is still some space for it to correct, We are in divergence territory on many daily momentum indicators (MTF, Histo, RSI, ROC).
I'm counting the subwaves in the final wave down and I think we're about to see a significant bounce. It looks like we're in the final wave of the C (ABC ZigZag), looking to complete 5 which looks to be making a diagonal so far. There is some sort of support (from previous s/r) in the current range. A dip below 30$ is not out of the question, which would allow SOL to kiss the 90% fib level.
Safe trades to all.
$CHZ - Hidden gem. Maybe a bit soonish to get in. I'm a bit hesitant to spill the beans on this coin, so I'll keep it to TA .
So we have here what I suspect to be an almost completed (A) (I think we could hit the bottom of the pocket around 0.208 before bouncing for a (B). Retraces have been shallow within (A), so I don't quite know what to expect here. I do expect a mercy bounce across the market with BTC giving the alts a little breathing room within the next few days, but I don't expect it to last.
Long term, we should be seeing a challenge to the ATH late this year, but we're not quite ready for that move yet.
Lets check back on this in May.
Safe trades to all.
$BTC! CME - Between 2 gaps. Bitcoin sitting pretty here above the golden pocket. It's also sitting between 2 gaps. One is set to close below 25k, the other one closes above 36k.
I'm willing to bet we close both in sequence. The lower one first, followed by the 36k one, which should constitute our 1st subwave of the 5th and final wave of this bull run.
This is my current take on bitcoin. SAfe trades everyone.
$SOL - A coin close to my heart. Almost done here. With my recent taking up of certain NFTs related to the SOLANA chain, I've taken more interest in this coin.
It has beautiful waves. This last move down was a bit tough to watch on the sidelines, but it seems to be finishing a C wave. Expecting a last wave down to touch with previous support and the 0.9 fib.
At that level I will invest significantly into the coin and the STEPN nft project you might already know about.
Safe trades and see you all at the top.
$ALGO - Macro almost done. $ALGO is in an interesting spot here:
- Bullish divergences are bleeding through the chart.
- The bounce from the last dip was directly from the 0.9 fib level.
- There is a EW case for this final push down to be wave 5 of 5 of C.
HEre is the subwave count and the support level I expect the final bounce to be from:
$SHIB - You'd get less rejection from the friend zone. $SHIB - You'd get less rejection from the friend zone.
I identified this zone before the RobinHood listing. This FA doesn't change anything, but adds one more rejection to this series of rejections.
Trade safe, and if possible trade something other than SHIB.
$ZIL - Macro Count.Assuming we're done here, and I'm pretty sure we almost are, this is what expect for the next 2 years.
You've probably heard already that 99% of crypto are probably going to zero. And while this might be true, this is probably the only scenario that invalidates this count for Ziliqa.
We've had a beautiful wave 1 push to 0.25$ and I believe (I used fractals here) that if we fib-extend wave 1 to 3, we'll reach 0.70$.
There may still be a tad of downside to this subwave 2, and if the count is invalidated, there isn't much lower it can go, either way.
Safe trades.
$UNI - Possibly finished its correction ahead of the pack. I've identified this correction as an ABC zigzag. There is also the potential for this to be a WXY combo correction.
I've also identified in writing on the chart the key components of the zigzag hoping to sway a few more of you to my Elliott Ways :D
The correction is either done or very close to being done and i'm hoping for a large bounce presently.
Safe trades to all. Remember that the key to success is a solid risk management policy.
Floki.
$BTC.D Triangle still valid and playing out. So here we have 2 paths I think this might follow...
Green path illustrates the main count with E already finished and assuming we will go up soon to make wave (2) and retrace quite a bit to create a bit of havoc on the market. This has the potential to play out within the next few weeks at the most, followed by an ALT season.
The red path on the other hand assumes that E is actually A (leading diagonal) of E, and that the current retrace is B of E and that we will go higher and above the triangle diagonal. This would cause the market to to go below expectations and would cause some real FOMO selling.
I'm about 60/40 in favor of E being finished.
Safe Trades, avoid shitcoins, and remember, wave 4 never retraces into wave 1. *wink wink.
$BAKE - a bounce off the blue support line and I'm LONG. This coin is curving nicely right now. I see how it could easily go fetch a 300% gain after a bounce off that daily support (blue line).
The next Order Block Resistance is over the $2.00 mark. I did not count waves for this but there is huge potential there technically speaking. These are the types of setups that make for long and profitable swing trades.
Trade safe everyone!
$GMT - Looking for the end of this move. For a new coin, this is making surprisingly nice waves.
I have laid out what I think is the initial impulse of this coin. And while I labelled where it could end, I will be looking for a long on the retrace after the move is done. Once it is, we'll be able to fib retrace and pinpoint a LONG entry.
I'm not comfortable shorting a coin with such a short history and which seems this bullish.
SAfe trades.
$HNT - Triangle Apex on the horizonChanged the wave structure up from the last TA on this coin. I never assume a triangle before it becomes obvious, these corrections are more complex and not as prevalent as ABCs or combos.
Most of the info is in the chart, I do expect a bounce at or close to the Apex of the triangle. As for entries & targets, I'll leave that to you ;)
Safe and happy trades to all.