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Wavepatterns

ALGO's wave 5 could gain some significant ground here soon!ALGO has been doing very well the past month or so, and is looking to do even better here shortly. The current wave 5 is generally the most explosive, and largest gaining. Although, the price action looks like it could potentially drop closer to the lower trend line (white line). This line has held very well so far since this uptrend started, and the wave pattern will continue to stand as long as the price action doesn't drop below the wave one high. If the wave 5 plays out properly we could easily see ALGO run into the mid .40's. Good luck, and always use a stop-loss!
BINANCE:ALGOUSDLong
by MetaShackle
Volatility signals potentials for LONG**Title: ARKHM/USDT Price Analysis: Volatility Signals Potential Upside, Caution Advised** **Date: July 26, 2023** In the latest developments for ARKHM/USDT, the cryptocurrency pair has experienced significant price fluctuations, showcasing well-defined small and big waves. While the recent price movements signal potential upside, caution is advised due to the inherent volatility in the market. **Small Wave 1 ($0.6307) and Small Wave 2 ($0.7245):** ARKHM/USDT started with a bullish tone as Small Wave 1 surged to $0.6307, followed by a correction in Small Wave 2 at $0.7245. **Small Wave 3 ($0.5907):** The momentum shifted in favor of the bears as Small Wave 3 dropped to $0.5907, indicating increased selling pressure. **Small Wave 4 ($0.6392):** A retracement occurred with Small Wave 4 reaching $0.6392, suggesting a temporary recovery. **Small Wave 5 ($0.5601 - Rejection):** The downward pressure intensified, with Small Wave 5 starting a rejection at $0.5601. A significant bottom was formed, indicating a potential reversal. **Big Wave A ($0.6691 - Retracement):** A larger retracement occurred with Big Wave A hitting $0.6691 on Saturday, July 22, 2023. The market continued its downward trajectory, completing another set of Small 5 Waves, reaching $0.4896, and forming Big Wave C as a temporary bottom. **Wednesday, July 26, 2023 - Confirmation Buy:** The market showed signs of a potential upturn as the price broke a critical level, reaching $0.5188, confirming a buy signal. **Forming New Wave A ($0.6020):** Following the confirmation, a new uptrend began, forming a fresh Wave A at $0.6020. **Wave B Retracement ($0.5201):** The market experienced a retracement in the form of Wave B, pulling the price back to $0.5201. **Current Price ($0.5334):** As of the current analysis, the ARKHM/USDT pair stands at $0.5334, showcasing potential for further price movement. **Sentiment:** The overall sentiment surrounding ARKHM/USDT remains cautiously optimistic. The recent price fluctuations and well-defined waves suggest potential upside, but traders must exercise caution due to the inherent volatility in the market. Proper risk management is crucial as the market continues to exhibit significant price swings. **Conclusion:** ARKHM/USDT has displayed a series of well-defined small and big waves, signaling potential price movement in the market. Traders are advised to carefully analyze market trends and implement robust risk management strategies. While there is a possibility of upside potential, caution should be exercised due to the volatility in the market.
Long
by WaveElliot
USDJPY ELLIOT PRICE ACTION BREAKDOWNFrom my own perspective, it portrays to me like we're in a correction phase. I mean, a general rectangular correction wave looking at the bigger picture on a monthly timeframe. Currently, we are in primary wave of wave C in micro wave of wave 4 and wave 3 got completed making a 78.6% retracement from the all time high. Moreover, wave 4 just go started which contains 3 waves i.e. ABC wave correction after making or attaining a 50.0% fibs level, expect price to push up to the overall time high. Then, from there we can look for selling opportunities to the down side. lets watch and see how the market plays out. TIPS: WAVE A = 3 WAVES WAVE B = 3 WAVES WAVE C = 5 WAVES
by Ifeanyichukwuxx
2
𝘾𝙤𝙥𝙥𝙚𝙧 𝙁𝙪𝙩𝙪𝙧𝙚𝙨 (𝙃𝙂1!) — 𝙀𝙒𝘼HG1!: 🕐 6h A big review of this asset is planned for the first half of next year, but decided to make a small update to the count, as the current sideways formation looks very much like a bullish contracting triangle that is about to be completed. On completion of the final wave E of (B) , there will be a good trading setup for a long position. The wave marking in the double circle parenthesis corresponds to the green marking in the circle on the chart.
COMEX:HG1!Long
by TradeWaves-EWA
2
Mastering Elliott Wave AnalysisHi, traders! Today we gonna speak about Elliott wave principles. The Elliott wave principle is a form of technical analysis that finance traders use to analyze financial market cycles and forecast market trends by identifying extremes in investor psychology, highs and lows in prices, and other collective factors. Ralph Nelson Elliott (1871–1948), a professional accountant, discovered the underlying social principles and developed the analytical tools in the 1930s. He proposed that market prices unfold in specific patterns, which practitioners today call Elliott waves , or simply waves. Elliott published his theory of market behavior in the book The Wave Principle in 1938, summarized it in a series of articles in Financial World magazine in 1939, and covered it most comprehensively in his final major work, Nature's Laws: The Secret of the Universe in 1946. Elliott stated that "because man is subject to rhythmical procedure, calculations having to do with his activities can be projected far into the future with a justification and certainty heretofore unattainable." The empirical validity of the Elliott wave principle remains the subject of debate.
BEducation
by Skyrexio
10
"BUY Signal" :- SBIN 1 hr Chart (Indicator : "Solved Signal 1")- BUY signal generated by Solved Signal 1(SS1) in 1 hr Chart of NSE:SBIN(State Bank Of India) - ' NSE:SBIN (State Bank Of India)' 1 hr chart - Indicator used "Solved Signal 1(SS1)" - Solved Signal 1 generates buy signal(by default: text:- SS1, color= green ,shape=triangleup) on 1 hr chart of 'NSE:SBIN' .It means NSE:SBIN can go up. - Solved Signal Uses Volume and Price data for Solving the Market(See description of Indicator). - Like and Comment. - Thankyou NSE:BANKNIFTY NSE:SBIN NSE:NIFTY BSE:SENSEX
NSE:SBINShort
by Trading_Khiladi
#BQX[VOYGER] : Upto 65% Profits In The Mid Term. #Accumulation_Recomendation Pair : #BQX / #BTC RSI : 67 Note : #BQS is trying to build up the 3rd impulsive wave once again after showing some upward move on Mid February. We might need some time for a confirmation of short term profits but surely will be a very good entry point for a mid term trade. Both MACD and RSI looking bullish on favor of the bulls and EMA is also still looking bullish keeping below the current priceat 506 sats. Volume needs some energy though to see a good upward move but it is fairly in an averagly good momentum. - Note that this call might take some time to build up and get specially our distribution targets of 2 and above that and consider it to hodl it for a week to a month time to get the most out of it. Otherwise targets 1 and 2 can be considered as our short term targets for a swing trading opportunity. Accumulation Area : 550 sats - 640 sats 👉Distribution Area 👉Short Term: 📌Target 1 : 698 sats 📌Target 2 : 736 sats 👉Mid Term Targets : 📌Target 3 : 842 sats 📌Target 4 : 915 sats 📌Target 5 : 987 sats 👉Long Term Targets 📌Target 6 : 1193 sats 📌Target 7 : 1312 sats 📌Target 8 : 1455 sats+ 🚫Stop Loss : 415 sats Invest : 3%
BLong
by cryptotalk_et
1
REP : Upto 100% Profits Opportunity in the Mid Term.#Accumulation_Recomendation Pair : #REP / #BTC RSI : 38.9 Note : AUGUR was also one of the alt coins that have been in a downward trend without that much reversal bullish move since Mid April. It seems we are no going to witness a good reversal upward move. It already formed a falling wedge pattern and broken out from the formed triangle by yesterday's bullish candle. We might see a little bit downward retrace in the current candle within itself and if volume input increases in the mean time we will be trying to test the next strong resistance at around 2748 sats price level. MACD is looking good for the mid term but RSI needs a wake up call to see a good pump in the short term. EMA looking good for the short term though. Accumulation Area : 225000 sats - 235000 sats Distribution Area Short Term: Target 1 : 253400 sats Target 2 : 274800 sats Target 3 : 290700 sats Target 4 : 308500 sats Target 5 : 335700 sats Mid Term: Target 6 : 362900 sats Target 7 : 401600 sats Target 8 : 451000 sats+ Stop Loss : 194500 sats Risk : High Capital Accumulation : 3%
RLong
by cryptotalk_et
CADJPY Bigger Picture View Down To H1 Time Frame - Good Setup!Weekly (pink): We are currently in wave 4 of the weekly structure. I expect wave 4 to complete to the top of the structure before we will see whether there will be a break of the structure to the upside on this wave or whether there will be a 5th wave to the downside first. Daily (blue): We are in wave 3 of the daily structure. Interestingly the target for wave 3 is at the same point as wave 4 of the weekly structure. This indicates a strong possibility that the price will move to that target. H4 (green): The structure that has formed on the H4 time frame doesn't completely tie in with the bigger picture view as it has a bearish formation. I expect that there may be an extension in wave 5 which will complete the larger structure views. H1 (red): I am sitting on my hands at the moment and waiting for the H1 corrective structure to unfold. As things stand now, I am expecting to see a 5 wave structure formation which would complete at the bottom of the green H4 structure. I will be looking for the long entry from that point. Contact me via direct message for any assistance required. Analysis on all the majors and their crosses available Happy trading! Linton
Long
by Linton_White
2