Wheat: Bulls are Back! 🐂Wheat is once again showing its bullish side and is taking the first upward step out of the sideways movement of recent weeks. In the further course, the price should now continue the blue wave (c) and complete the superordinate wave A in turquoise. Following this, we expect a sell-off. Within the framework of our alternative scenario, however, it remains 37% likely that the price will once again fall below the support level at USX 495.25 in order to make a lower low of wave Alt. (b).
Waveanalyses
Home Depot: Almost There! 🏁We expect that the Home Depot stock will drop further until the current wave (B) concludes in our Target Zone (coordinates: $321.10 – $288.12). After the low is settled, we reckon with a bullish trend reversal, which is why our Zone presents an opportunity to take on long positions. It should be noted that it is also 29% likely for the low of wave alt.(B) to be already in place. In this case, our Zone would not be reached after all, and this alternative scenario will be confirmed if the resistance at $364.45 is exceeded prematurely.
S&P 500: Time to turn around 📈The S&P500 dipped into our turquoise Target Zone (coordinates: 5025 – 4933 points) with its recent setback. The low of the turquoise wave 4 may have already been reached, but another downward move back into the Zone is still possible. If the index even falls below the support at 4864 points, the magenta wave Alt.(2) will head down into our next Target Zone (coordinates: 4727 – 4584 points). This alternative scenario is 30% likely as of now.
XPeng: Knock Knock 🚪The XPEV share is currently trying again to establish itself below the $7.51 support level. We assume that it will succeed in doing so soon. The green wave (2) should lead to a sell-off to the blue Target Zone (coordinates: $5.31 - $3.01). There we expect the low of the protracted correction and thus a long-term trend reversal. Traders and (long-term) investors can take advantage of the price range to build up long positions.
BTC decision time soonWe could get a small move up soon here then we get potential 15min LH for a breakdown to 61'ish then low-mid 59's which hopefully holds or watch out here come bears in full force downside for a potential quick flash dump style move to low-mid 50k's OR we get more range and set 15min HLs for a another 4hr HL -- 15min,1hr bottomed for the most part, 2hr has room to dip and 4hr topping so (in theory) we should get a bounce soon then we see but shorts would be the way to go with how current structure and how multi time frame stoch rsi's lookin
Fantom: Docked in 🚢⚓FTM has reached our magenta Target Zone ($0.76 – $0.50). Here, we expect the low of this same-colored wave (ii). Long positions could be opened here accordingly. Stops could be placed around one percent below the lower edge. With the low in place, a rise above the $1.22 mark should be on the cards.
Infosys Wave AnalysisHey Guys,
Today, I would like to share some insights regarding Infosys' recent stock performance. Despite prevailing bearish sentiments since February 6, 2024, Infosys has surprised many community analysts, causing some predictions to falter.
Upon conducting an in-depth analysis, it became apparent that the stock has been undergoing a correction characterized by an irregular flat pattern. This pattern has created several challenges for traders, often resulting in unexpected outcomes and trapping many individuals in their positions. Allow me to elucidate the bearish sequence:
1. The first leg of the flat pattern, comprising three waves (abc), concluded on February 14, 2024, with a price level of Rs. 1635.50.
2. Subsequently, the second leg of the flat pattern, also consisting of three waves (abc), concluded on February 19, 2024, with a price level of Rs. 1711.50.
3. Following the completion of the second leg, the stock experienced a downward impulsive movement, culminating in a five-wave structure.
It's noteworthy that this irregular flat pattern is characterized by a subdivision of 3-3-5, exceeding the expectations of many traders and leading to lingering positions or exits triggered by stop losses.
Based on this analysis, there's a possibility that Infosys might reach a new high. Conservatively, we could anticipate a retracement of at least 61.8%. However, we remain optimistic about the potential for even higher levels beyond that threshold.
Thank you for your attention to this analysis. Don't forget to like, share, and subscribe for more updates.
Disclaimer: The above analysis is based on personal observations and research, and it should not be considered as financial advice. Always conduct thorough research or consult with a qualified financial advisor before making any investment decisions.
T-Mobile US: Downhill ⛷️TMUS was able to pull out of its green Target Zone ($168.80 - $161.69) on the downside. As we consider the high of the green wave (B) to be already established, we now expect a pronounced sell-off to below the support at $154.38. Our 37% probable alternative scenario, on the other hand, calls for a slightly different development. If the Zone is overshot, it will lead to a higher high of the green wave alt.(B).
Gold: Destination Reached 📌The gold price has now reached the levels at which we expect the high of the orange-colored wave c and thus of the turquoise-colored wave B. We anticipate that the price will turn around and then sell off sharply. After all, we consider the current rise to be merely corrective in nature.
Fiserv: Time to Descend 🧗🏽♀️The price of Fiserv should have recently placed the high of the magenta-colored wave (1). We now expect the magenta target zone to be reached between $134.54 and $120. Within this range we expect the low of the same-colored wave (2). We consider it 37% likely that a higher high of the magenta-colored wave alt. (1) will occur.
Fantom: Strong Bulls 🐂FTM rose sharply over the last seven days. We now consider the low of the turquoise wave 4 to have been placed in our Zone ($0.76 and $0.87). With the last leg of the turquoise-colored five-part wave, the price should now rise above the resistance at $1.22.
Avalanche: Take-off 🛫AVAX turned within our blue Target Zone ($41.83 – $50.42). Accordingly, we consider the low of the blue wave (ii) to be established. In the further course, the same-colored wave (iii) should continue well above the resistance at $65.42. Investors can open long positions in our Target Zone. Stops could be placed around 1% below the Zone. Indeed, if the price slips below the lower edge, this will activate our alternative scenario (25%). In this case, the price should drop to our turquoise Target Zone (between $29.30 and $17.48) to place the low of the turquoise wave alt.2.
AEVO airlinez ALIVEWelcome on board dearz, last post was deleted by admins coz I wrote smthn' against rulez
BUT
I learned my lesson and I really wanna share my idea here:
Az u can see, Binance becomes greedy and take all good projectz he can reach, but I in doubts'. Thatz WHY I make 2 Fibo channels, lest look togeza how it will be goin', IMO its a huge Mr.T lime bodybuilder or giant :)
Apple: Two ways to the same goal 🛣️We primarily assume that Apple shares will swing higher again in the short term with a countermovement and then extend the high of wave X in turquoise. It should then later enter our green Target Zone ($161.90 – $140.32) with the subsequent wave Z. If, however, the price chooses our alternative scenario (35%) our Zone will be targeted directly.
Eat No Ants: Ethena outlookSOO, nowdayz good projects are rarity, but ENA is what u want to hold, I guess.
Binance was very kind and generous(NO) to let us farm some tokens, and its brand new thin', we all wanna pick up.
ANYWAY
To be honest, I don’t like everything related to ETH and its commissions, I also associate the word ETHENA with something bad, and you will understand this if you visit their website.
THAT'S WHY
only speculative interest
I assume a diagonal, I also indicated the zone of the maximum correction of wave 2, but I only have a Binance chart, so everything may not go according to plan at all. We are waiting for confirmations, divergences and points to build a channel
Wipe out ur Pixels and lissn'since I don’t really believe in GameFi, this is probably the only game project that I will consider
The graph here is strange and nothing but Diagonal comes to mind
HOWEVER
you can look at the chart yourself and figure out whether some kind of growth is possible here, if since listing on Binance the asset has made 2500%+
I think (but don't know), that its possible to do x10 as all other crypto.
the question iz 'how fast'?
faster than otherz I guess
TONnz of bytez, bonjour, PaulHi there, my dearz! Tha time haz come to reveal newcommers of this bullrun! mista namba van - attractive brunette with his project with chatz, walletz and total surveillance.
Paul's Du Rove';z TON!
The giant Mr.T gave the first impulse 1-3-5, and now we have 2 paths.
Or is it 1-3-5 of the 1st degree - then we can expect a deep correction of wave 2 (from 0.38 to 0.84 fib)
OR The giant Mr.T gave the first impulse of ABC, meanin', that Wave A iz done, now we are waitin' correction Wave B (0.236-0.864 fib) and Wave C, which can be a Diagonal'
ANYWAY !!
u see sll at the chart, what im I tellin', SO BUST THIZ IDEA IF U UNDERSTAND IT
cheerz
UnitedHealth: Recovery? 🩹UnitedHealth shares have now dipped into the green Target Zone between $447.18 and $470.19. This is the price range in which we expect the low of the green wave (B) and thus a reversal. We therefore now expect a rise to above $495.87. At 40%, however, we think it is likely that the price will slip below the zone again and the low of the green wave alt.(B) will end somewhat lower.
Polygon: The Last Steps 👣Over the last seven days, MATIC has plunged into our green Target Zone (between $0.921 and $0.790). We, therefore, locate the price on the last stretch of the green wave 2. Traders could use the price range of our Zone to establish long positions. Any stops for hedging purposes could be placed around 1% below the lower edge. Once the low has been established, we expect to see a price increase to well above the $1.15 mark.