ETHE - long setupTake a look at those long down wicks on the chart. They’re a clear sign that bulls are stepping in hard, snapping up Ether at those fresh lows.
What we’re seeing here is a textbook corrective move—a classic a-b-c pattern—leading right into the Demand Zone.
That drop looks like a opportunity for a long setup to me.
Wave Analysis
Bitcoin Next TargetHello.
After a long time , i have a super prediction for you...
Now BTC hit a new ATH , So this is due to breaking a diagonal channel and pullback to the upper line.(Yellow channel on the chart).
In addition , if we take a look at USDT dominance chart we see a breakout of a longterm channel and a trendline.so it will be reach about 3.90% - 4%.
In my opinion and according to wave analysis , the shortterm target for BTC is 86000$ and the long term target is 106000$.
thanks for reading my opinion.
wish you to Have good investments.
XAUUSD: Market Analysis and StrategiesGold technical analysis
Daily resistance 2627, support below 2583
Four-hour resistance 2627, support below 2600
Gold operation suggestions: On Thursday, gold rose from 2583 to 2626, rebounding 43 dollars, just touching the area near the daily short-term moving average MA5 and falling to 2586. The ups and downs made it difficult for investors to see the market clearly. Yesterday, the gold price maintained a wide range of long and short shocks and closed weakly below 2600. Today's idea is to continue to be bearish and continue to sell on rebounds.
For European and American market operations, the 5-day moving average of the daily line is at 2614, and the strong resistance is at yesterday's high point 2626. The current price is 2605. Don't rush to enter the short position for the time being.
SELL2626near
SELL2614near
BUY:2600near
BUY:2583near
The strategy only provides trading directions.
Since it is not a real-time trading guide, please use a small SL to test the signal.
BITCOIN - Sell Idea (Short-term)The failure to breakout above the key-level resistance of $106,374 suggests that price action is turning around for a technical correction at the very least. We believe that a quick drop to the levels of $94,500 is imminent. Firing off a new short-term bearish campaign, targeting $94,270. Stay tuned...
Market Correction: Key Support Levels and Strategic OpportunitieThe market has experienced a decline over the past few days, leading to the liquidation of leveraged long positions and the introduction of new liquidity.
This may represent a healthy correction within the context of the broader market trend, which remains firmly upward.
As such, the optimal strategy continues to be to buy on dips.
Key levels to monitor include the strong support area around 84,500, with additional support at the 73,000 level.
While these support levels may not be reached, it is wise to stay alert for potential buying opportunities if the market approaches them.
Take care!
The Crypto Space - Clarity Through COINNASDAQ:COIN has had a phenomenal run since the beginning of 2023, currently up about 1,100% within 2 years!
In this Elliott Wave Analysis, I present my view of where I think Coinbase will stall and fall.
So far the sequence is filling up nicely and has presented, those with a keen eye, several opportunities to join the 11x party :)
As per this 2 day chart, I believe we are quite close to completing w3 of w(5) . In terms of EW, the chart is very clean and has been bouncing off Fibonacci support and resistance, for each wave degree, with relative precision.
I would like to see price tag $353 - $375 then drop to $300 - $271 , before proceeding to a new high between $416 - $457 to complete a full five wave sequence from the 2023 lows.
The sell off, thereafter, should be significant and if the space survives will present another opportunity for similar or greater returns during the next cycle.
This should also coincide with a cyclical top across the cryptoverse.
What are your thoughts?
Will market go down to $80k, or even $70k?
Yes, we have already broken through several support levels, and I want the market to stop because too many positions have already been liquidated. But I am not left alone by these several FVGs even lower (marked in purple). These are vast areas of imbalance that are unlikely to be left untouched by the big players. What do you think, will we go below $90k for Bitcoin?
TRBUSDT - is it dead cat bounce ? What's next??#TRBUSDT.. after a perfect drop now market is near to his resistance area.
Question is that is it dead cat bounce or low are placed?
Well guys we have 57.40-50 that is our resistance area now and if market hold it in that case we can see again a drop towards next supporting area.
But keep in mind that we will go for cut n reverse above 57.40 on confirmation.
Good luck
Trade wisely
Deeper Lows Ahead Before Reversal in SILVER ? Elliott WavesThe chart suggests a potential downward trend for Silver to complete wave (C) Blue of wave ((4)) Black and then wave Uptrend ((5)) Black.
Elliott Wave Structure:
The chart appears to be in a corrective wave structure, likely a Zigzag.
The current position seems to be within a corrective wave ((4)) Black in which wave (A) & (B) are completed and now we are unfolding wave (C) Blue of ((4)) Black.
Inside wave (C) we had completed wave 1 & 2 and now we are unfolding wave 3 Red in wave (C), post wave 3, we have to unfold wave 4 & 5 Red to finish wave (C) Blue of wave ((4)) Black.
Potential Scenarios:
Downside: If the downward trend continues, the price may reach Fib extension level where wave (C) equals with wave (A) and some times may goes towards 1.236 Fibonacci extension level.
Post completion wave ((4)) Black, we may see Reversal towards new Highs to finish wave ((5)) which generally goes beyond wave ((3)) High.
I am not Sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
Daily Analysis of GBP to USD – Issue 174The analyst believes that the price of { GBPUSD } 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.
Daily Analysis of Gold Ounce to USD – Issue 174The 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.
[BTC] Downtrend for Bitcoin's uptrend.
Bitcoin has supported 9 times in 2 months at 25ema, but this time it didn't.
The current downtrend is very strong, but there are several support bases including wave indicators at 90k-87k. This section (90k-87k) is a pretty good section, but since news and market trends are unpredictable, you should watch carefully and enter.