Wave Analysis
ZEC/USDT Chart Analysis #Zcash ( SEED_DONKEYDAN_MARKET_CAP:ZEC ) / USDT Technical Analysis
The price has broken out of a descending wedge pattern, signaling the start of a bullish reversal. After bouncing off the Fibonacci 0.618 retracement level, ZEC is poised to test its first resistance at $66.87. A successful break above this level could lead to further gains toward $76.36 and ultimately $80.
Daily Analysis of GBP to USD – Issue 235The analyst believes that the price of { GBPUSD } will increase in the next 24 hours. This prediction is based on quantitative analysis of the price trend.
Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis and trading, unlike the stop-loss, which is mandatory, setting a take-profit level is optional. Whether the price reaches the take-profit level or not is of no significance, as the results are calculated based on the start and end times. The take-profit level merely indicates the potential maximum price fluctuation within that time frame.
Daily Analysis of Gold Ounce to USD – Issue 235The analyst believes that the price of { XAUUSD } will decrease in the next 24 hours. This prediction is based on quantitative analysis of the price trend.
Please note that the specified take-profit level does not imply a prediction that the price will reach that point. In this framework of analysis and trading, unlike the stop-loss, which is mandatory, setting a take-profit level is optional. Whether the price reaches the take-profit level or not is of no significance, as the results are calculated based on the start and end times. The take-profit level merely indicates the potential maximum price fluctuation within that time frame.
according to 1hr time frame,
CAPITALCOM:GOLD
- **Sell Entry**: 2639
- **1st Target**: 2619 (Profit: 20 points)
- **2nd Target**: 2606 (Profit: 33 points from entry)
For better risk management, consider setting a **stop-loss** above a nearby resistance level (e.g., 2645 or 2650, depending on volatility).
S&P500: Strong SurgeOn Friday, a strong surge propelled the S&P500 upward, so the index is beginning the new week at distinctly higher levels. Still, in our primary scenario, we anticipate a significant sell-off during the turquoise wave 2, which should drive the S&P down into our turquoise Target Zone between 5616 and 5368 points. In this range, the turquoise impulsive wave 3 should start and deliver a robust upward movement beyond the resistance at 6169 points. However, there is a 36% chance that the index will reverse upward prematurely and surpass the resistance at 6169 points earlier during an alternative blue five-wave structure.
GBPJPY Is Bullish! Long!
Here is our detailed technical review for GBPJPY.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 196.848.
Considering the today's price action, probabilities will be high to see a movement to 199.032.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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BITCOIN Bearish Breakout! Sell!
Hello,Traders!
BITCOIN has formed a
Bearish flag pattern and
Then made a breakout and
A retest and now we are
Seeing a move down again
So we are locally bearish
Biased and we will be
Expecting a further move down
Sell!
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$BITCOIN with substantiation and drawingMaybe it's a bit of a busy drawing. But I wanted to show why I think we may be correcting and why this is very healthy for the bull market.
It seems that after the larger correction we have now completed 5 waves and we also have to correct this wave. That is the phase we seem to be in now.
Now I have 2 expected positions where the correction can go. I think that we will not correct very deeply and will therefore not reach 50%, but that we will correct up to fib 618. So possibly just under 90k.
Unfortunately, no Christmas run is expected. But just a super healthy correction that we don't have to worry too much about.
The altcoins also seem to be less willing to participate and we seem to be settling in for the bull run.
Be kind to the world and each other!
IS EMAAR GOING DOWN ? Emaar's stock is targeting the levels of 12.20 - 12.05, presenting a good buying opportunity for short-term traders with targets of 12.65 - 12.75. It’s important to adhere to the stop-loss level, which is indicated by a daily close below these levels. Although there’s still a risk of the stock dropping back to previous levels around 11, the current movement needs to be monitored to determine its future direction.
bitcoin multiple 1-2 in last 5th wave in textbook impulse ideaafter that abc flat to troll so much people people into thinking 200k.
this scenario is for me only realistic with the timing and probabilites in EW.
A wave woud be impulse to flash all the retail, b flat to exactly 4year cycle TOP in october, and c some sell the news event with reccesion or war which would be bear market for 365 days
85,842 entry + adding to position at 80k which is supported by lot of npocs
invalidation .618 log where i would sell 60% and sold 30% after bounce from 618 and ATH
first TP - w5 targets area(from 108k to the low created)
second TP - 128k (common this cycle w5 target)
third TP - these boxes
142-159k from comparing previous cycle post halving gains the number was only decreasing from 30 to 24 which would lead this cycle around 20, of course its only speculation. After 160k would be this data invalidated.
140-152k strong fibonacci confluence
MI - sector TECHNOLOGY may be moving upExpect a deep wave 2 retracement, but for now seems like small retracement, rebound at MA 200
Current price shows MYR 2.24 (+3.23%) with key support at MYR 2.01 and resistance at MYR 2.67. The stock has formed a bullish trend since October 2024, showing higher lows and higher highs.
Technical indicators show:
Price trading above both short-term and long-term moving averages, indicating bullish momentum
Strong volume activity supporting recent price movements
Green momentum bars in the lower indicator suggesting positive sentiment
Upward trend channel formation with price respecting the lower trendline as support
Key levels to watch:
Immediate resistance: MYR 2.67
Current support: MYR 2.01
Price currently consolidating near MYR 2.24
The stock has recovered from its September 2024 lows and appears to be in a recovery phase with improving technical indicators. The presence of higher lows and sustained trading above moving averages suggests continued bullish sentiment in the near term.
Volume analysis indicates strong participation on upward moves, lending credibility to the current recovery. Traders should watch for a potential breakout above MYR 2.67 for further upside momentum.
EUR/GBP BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
We are targeting the 0.821 level area with our short trade on EUR/GBP which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option.
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USD/CHF SENDS CLEAR BEARISH SIGNALS|SHORT
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USD/CHF is making a bullish rebound on the 1H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 0.890 level.
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USD/CHF BULLS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
We are targeting the 0.888 level area with our long trade on USD/CHF which is based on the fact that the pair is oversold on the BB band scale and is also approaching a support line below thus going us a good entry option.
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