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Wave Analysis

TOTAL3 - UniverseMetta - Analysis#TOTAL3 - UniverseMetta - Analysis After reaching $1.16T, the chart formed a second peak, followed by a retest that completed a three-wave structure. The first target of the pattern has already been achieved. The next targets are $791.16B, with a worst-case scenario of $564.76B. However, the channel is still forming, and the price could remain within it. Historical analysis of year-end movements for major assets (BTC, ETH, SOL, etc.) indicates that prices often stay in a corrective phase (ABC structure) until the end of December, followed by growth. This is not financial advice, but rather an observation of past trends. Target levels: $791.16B - $564.76B
CRYPTOCAP:TOTAL3
by Trade-U-Metta
BTC\USD Ascending Broadening Wedge FALL ALERTIn this idea we have a ascending broadening wedge On Bitcoin that really matches the behavior we have witnessed recently. I did my best to project the targets we should see as we break out to the downside assuming that is how this moves. Maybe it will maybe it won't. Only time will tell. Good luck to everyone and much love- ND Ps-If you look at the formation in smaller frames where we are now you will see the exact formation that is towards the end of the example.
BITSTAMP:BTCUSDShort
by The_New_Disciple
8
SOLUSDT - UniverseMetta - Analysis#SOLUSDT - UniverseMetta - Analysis After reaching its ATH, the price has formed a descending channel and corrected by more than 50% from the previous impulse. Has the correction ended? Currently, the price is testing a support level, which might lead to a bounce back into the channel. Monitoring potential entry points for long positions is essential. If the decline continues, the next targets are $171.60 and $152.01. Target levels: $171.60 - $124.99
by Trade-U-Metta
ETHUSDT - UniverseMetta - Analysis#ETHUSDT - UniverseMetta - Analysis Following its ATH, a second peak was formed. Since November, the price has completed its 5th wave, potentially signaling the start of a correction. The price has exited the ascending channel, confirming the formation of an ABC corrective structure. From the last impulse, the price has already retraced approximately 50% on a higher timeframe. The nearest support levels are $3,100 and $2,900, which may serve as areas to consider increasing holdings. Target levels: $3,391.45 - $2,537.30
Short
by Trade-U-Metta
BTCUSDT - UniverseMetta - Analysis#BTCUSDT - UniverseMetta - Analysis After reaching its all-time high (ATH) of $108,300, the price has remained in a prolonged bullish trend. Currently, there are signs that the 5th wave of the global trend may have completed its formation. The price exiting the ascending channel suggests the beginning of an ABC corrective structure. Key support levels are at $91,000 and $85,000, where portfolio allocation can potentially be increased. Target levels: $91,000 - $71,000
Short
by Trade-U-Metta
SOLANA // target reached, what now?The market has come all the way down to the weekly breakout and the correction fibo 78.6 with an impulse. After such a fast impulse bumps into a strong support, chances are high that some kind of a correction of the impulse will come. It doesn't mean, it turns from here, and goes to new highs, though! The daily countertrend breaks above the daily impulse base (higher green level), but the countertrend line breaks at the daily breakdown (lower green level). Above that, if the waves support, the bull trend resumes. Below the long trigger zone, every move up is only the correction of the correction, therefore, quite risky. There is space to take the long side from here, though, so It may be a good opportunity for a good day trader. I'd definitely wait for H4/H1 to turn waves long. The price may go to the weekly impulse base, but I would wait with the short until the market is trading below the weekly breakout. The reason is that at this phase, accumulation may kick in, with sudden ups and downs on the market. What's is your opinion about this market? Fell free to share it! ——— We may not know what will happen, but we can prepare ourselves to respond effectively to whatever unfolds. Stay grounded, stay present. 🏄🏼‍♂️ Your comments and support are appreciated! 👊🏼
COINBASE:SOLUSD
by TheMarketFlow
4
Possible Wave Counts of RELIANCE : Near to Bottom ?Reliance Industries Technical Analysis based on Elliott Wave Counts (Possible) Chart: The analysis is based on a 2-hourly timeframe chart of Reliance Industries (RELIANCE). Elliott Wave Theory: The analysis utilizes Elliott Wave Theory, which suggests that market prices move in repetitive patterns called waves. These patterns consist of impulsive waves (numbered 1-5) that move in the direction of the main trend and corrective waves (labeled A-B-C) that move against the main trend. Possible Wave Counts: Overall Trend: The chart suggests a potential overall uptrend, with the analysis focusing on a smaller degree wave structure within this larger trend. Impulsive Waves: The chart highlights several impulsive waves (1-5) of varying degrees, indicating periods of strong price movement in the direction of the trend. Corrective Waves: The chart also identifies corrective waves (A-B-C), representing periods of price consolidation or retracement against the main trend. Current Wave: The analysis suggests that the price is currently in a corrective wave (2), following an impulsive wave (1). Potential Target: Based on the wave counts, there is a potential for further upward movement once the current corrective wave completes. However, specific price targets are not provided in this analysis. Key Levels: Invalidation Level: A key level to watch is the "Invalidation Level" marked on the chart. If the price breaks below this level, the current wave count may be invalidated, suggesting a different interpretation of the market structure. 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.
NSE:RELIANCE
by RK_Chaarts
AUDCHF My Opinion! BUY! My dear followers, This is my opinion on the AUDCHF next move: The asset is approaching an important pivot point 0.5571 Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 0.5594 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
2
Daily Analysis of Ethereum – Issue 234The analyst believes that the price of { ETHUSD } 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.
BINANCE:ETHUSDShort
by MoonriseTA
Daily Analysis of Bitcoin – Issue 234The analyst believes that the price of { BTCUSD } 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.​
BINANCE:BTCUSDShort
by MoonriseTA
2
Natural Gas !! Bulls are Still on the Road.How's the Josh trader ?? Natural gas has a Good Setup... I am extremely sorry to update so late, I am holding it 225 Levels and I am expecting it to go towards 370-375 Levels. As we Can Clearly see on Chart ... Natural Gas is on the rally towards Wave 3 ( Wave 3 is the longest in Impulse Wave ) so I am Clearly Betting towards 370-375 Levels. SO, LONG NATURAL GAS @ MARKET PRICE TARGET @ 370-375 STOPLOSS @ OPEN NOTE : THIS IS FOR EDUCATIONAL PURPOSE PLEASE REFER TO YOUR FINANCIAL ADVISOR BEFORE TAKING ANY TRADE Have A Good Day Traders.
MCX:NATURALGAS1!Long
by Trading_Bulls0000
MARA Marathon Digital Holdings A Crypto Mining Stock to Watch Marathon Digital Holdings, Inc. ( NASDAQ:MARA ) “Bitcoin at $96K? It’s like Monopoly money growing into something real—fueling wealth and lifting stocks like $MARA. Let’s break down the crypto miner making waves in this dynamic market.” After Bitcoin ( CRYPTOCAP:BTC ) surged to $96,000, Marathon Digital Holdings ( NASDAQ:MARA ) has positioned itself as a significant player in the crypto ecosystem. For investors, NASDAQ:MARA represents a unique opportunity tied directly to Bitcoin’s price movements and the operational efficiencies of crypto mining. Let’s dive into the details to evaluate its potential. Current Market Data Stock Price: Around $22.73 Market Cap: Approximately $4.65 billion Earnings Per Share (EPS): -$0.42 (last quarter) At first glance, NASDAQ:MARA ’s financial metrics might raise eyebrows. A negative EPS highlights the ongoing challenges of profitability in the volatile crypto mining industry. However, its substantial Bitcoin reserves tell a different story. Bitcoin Holdings: A Key Asset Marathon Digital holds 40,435 BTC, valued at approximately $3.88 billion at the current Bitcoin price of $96,000. This means that 83% of its market cap is backed by Bitcoin holdings alone. Such a significant asset base provides a unique valuation anchor in an otherwise speculative industry. Book Value Breakdown Total Bitcoin Value: ~$3.88 billion Estimated Shares Outstanding: ~204.6 million Book Value Per Share: ~$19.00 Compared to its stock price of ~$22.73, this suggests NASDAQ:MARA is trading close to its asset-backed value, making it an intriguing option for Bitcoin bulls. Valuation Metrics Traditional valuation methods struggle with companies like NASDAQ:MARA , given the negative EPS and the speculative nature of the crypto market. However, using a forward-looking EPS of $1.22 (an optimistic assumption), we can estimate: Graham Number: At a stock price of ~$22.73, NASDAQ:MARA appears fairly valued by this metric, though this assumes optimistic future earnings and stability in Bitcoin prices. Operational Highlights BTC Yield Growth: Marathon has reported steady improvements in Bitcoin yield, signaling operational success and increased mining efficiency. Renewable Energy Investments: Recent moves to secure wind farms and other renewable energy sources could reduce mining costs and enhance profitability. Scalability: With a solid foundation and operational upgrades, NASDAQ:MARA is well-positioned to benefit from further Bitcoin price increases. Risks and Volatility Crypto Dependency: NASDAQ:MARA ’s performance is tightly coupled with Bitcoin’s price. While this offers significant upside during bull markets, it exposes the stock to extreme downside risk in bear markets. Regulatory Uncertainty: Potential changes in crypto regulations could impact mining operations and profitability. Operational Costs: Fluctuations in energy prices and mining difficulty could strain margins. Buffett’s Perspective: Speculation vs. Strategy Warren Buffett famously avoids speculative assets like Bitcoin, and by extension, Bitcoin-focused companies. However, Marathon’s strategic moves—such as renewable energy investments—showcase a long-term vision that could appeal to more risk-tolerant investors. Conclusion: Is NASDAQ:MARA a Buy? NASDAQ:MARA ’s substantial Bitcoin reserves and operational improvements make it a compelling choice for investors who believe in Bitcoin’s continued growth. At a price of ~$22.73, the stock seems fairly valued relative to its book value and intrinsic potential. However, investing in NASDAQ:MARA requires: A strong belief in Bitcoin’s future. A high tolerance for crypto market volatility. An understanding of the risks tied to mining operations and regulatory changes. For those ready to embrace the volatility, NASDAQ:MARA offers an opportunity to ride the crypto wave with a company building for the future. For more in-depth market insights and strategies, visit DCAlpha.net and stay ahead of the game. 🚀
NASDAQ:MARALong
by DCAChampion
2
The Nifty spot intraday trend forecast for December 23, 2024The Nifty spot intraday trend for December 23rd indicates a bearish outlook. With the previous support level breached, the next strong support is at 23,020. However, it is important to note that timing plays a crucial role in all market activities. Our bearish outlook is expected to continue until December 27th, 2024. Please be aware that the mentioned levels may vary due to potential gaps on either side. This content is intended solely for educational purposes, and I strongly advise against trading in derivatives.
NSE:NIFTYShort
by Mastersinnifty
A new signal to maintain purchasesTo date, we have passed the middle of the month, I want to consider the prospects for the end of the year. The second half of the month opened positively on the air above 3750 and 3850, which gives signals to exit above 4000 in order to test the 4250-4500 range. This is a positive signal for altcoins, and therefore we have seen new growth impulses for coins for the upcoming continuation of the trend. Bitcoin opened the second half of the month above 100k, which reduces the probability of a retest of 75-85k in the near future. However, an opening below 102.5 gives a signal for a flat of about 100k with attempts to go lower. With this picture, it is likely to go to the 110-115k test with a further return to 100k by the end of the year, which will lead to a rollback on the air, even taking into account positive signals. According to the overall picture, the probability of growth this week prevails as part of the continuation of the trend of the current month and quarter. But from next week until the end of the year, it is worth keeping in mind the likelihood of a new wave of pullback in the market according to the annual schedule, which may continue in January. With such a picture, it is worth being careful about overbought coins with large capitalization. As I wrote earlier, the rollback on such coins, which began at the first market disruption at the beginning of the month, may continue until the end of the year with the transition to active sales in the new year. More interesting are the oversold coins, which continue to turn the annual candle into a bullish one. New waves of growth on the local market, in particular, can be expected for VIB. Signals have been left for further overshooting and in the event of a breakdown from the third wave of 0.125, the road to the range of 0.15-25 will open. Growth is still going against the entrenched bearish trend on the monthly chart, giving rebounds from key levels and new opportunities for safe earnings without excessive overbought. A local replay can also show OG TROY AST. According to OG, there are clear signals for a retest of 7.5-9$ at least. The token has quite a lot of liquidity, which provides sharp breakouts. TROY, along with OG, has signals for further overshooting. In the case of a 0.0075 breakdown, there is a probability of a powerful growth wave for the 0.0125-150 test. At the moment, we are working out the sales momentum of 0.0035, which occurred before the last wave of growth. From 0.035-40 from the third wave, there is already a chance to break above 0.0075. However, with a negative market, there is a probability of a breakdown to 0.0250-275 before the start of growth on the move. AST has targets at 0.21-25, where it can break through in case of consolidation above 0.15. However, incomplete emission exerts additional pressure, which leads to trend disruptions and increases the likelihood of a breakdown as we approach the end of the year. This month, there has not yet been a new delisting announcement, which threatens the dynamics of coins with the monitoring tag. If there is no announcement in the next couple of days, I will be looking at new AKRO and VITE purchases in the second half of the week. Also, with them, HARD can give a new impetus. However, the threat of delisting next week is likely to make the growth waves quite short-term.
BITSTAMP:ETHUSDLong
by Strateg_
GBPCAD A Fall Expected! SELL! My dear subscribers, My technical analysis for GBPCAD is below: The price is coiling around a solid key level - 1.8206 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 1.8179 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
CADJPY Technical Analysis! SELL! My dear friends, Please, find my technical outlook for CADJPY below: The instrument tests an important psychological level 109.05 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 108.00 About Used Indicators: Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
EURJPY Under Pressure! SELL! My dear friends, Please, find my technical outlook for EURJPY below: The price is coiling around a solid key level - 163.20 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 161.54 Safe Stop Loss - 164.03 About Used Indicators: The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1