BTC DOMINANCE (BTC.D)After analyzing the recent behavior of the market, Bitcoin dominance(BTC.D) is completing a downward pattern.
Finally, i expect the target to recive to the 40% range, and then we will see the growth of BTC dominance.
In such a situation, expecting the growth of altcoins is not far from the mind.
But each coin must be considered separately.
BTC.D = Down
target = arround 40%
As always, do not forget about your SL
Good Luck
Wolfe Wave
$ETHUSD | ALL TIME HIGH'S DEFINED BY PROPRIETARY MODELThe targets on this chart are produced by a proprietary model. Data is fed into the model, the output is the targets you see on the chart.
In the context of ETHUSD this really signifies that there will be a massive amount of capital entering the crypto market, in the coming months/years.
Dow Jones (US30) - Short OptionHey guys! There could be a short option in the Dow Jones (US30) in few hours. We have a Wolfe Wave here that ends nicely with an ABCD and a deep crab / butterfly . I'll post the intraday patterns in the updates.
The black Retracements are my Take Profits!
Good luck!
-No financial advice
Bullish Wolfe wave after a bearish one? Do we get from a bearish wolfe wave (yellow) a bullish one (green)?
Point 1 - 2- 3- 4 is already there.
I want to see a reaction at 1.618 FIB from point 3-4 first to see if it becomes one.
The bullish WW would make the target area of the bearish almost impossible unless it becomes a quick squeeze.
It's a precursory look at the next few days.
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BullvsBear Academy
bearish wolfe wave BTCUSD Bybit I see a bearish wolfe wave at bitcon.
The Gundstruktur stands already, we have the High-Low-HH and HL, in the overbought area we were also already and have respected the limit for now.
In addition (not to be seen on the chart) we are in a strong resistance zone.
For more than 80 days, we are in a range after the big sell off in mid-May.
I doubt that we will break out of this without pullback to the top.
The target would be matching the middle of the range.
Definitely worth a trade.
EurUsd (Long Early In Week)EurUsd has a low ADR, so only except 60 pips on Monday--- to the bullish side. Will be setting up trade with that in mind:
1) Enter: 1.18200 (once price action hits this, in trade)
2) Stop: 1.18000
3) Target: 1.18600
Risk Reward: 1:3 or 20 pips vs 60 pips on this trade setup.
This setup is related to bullish wolfe wave pattern setup, resistance at target and other analysis of big picture to trading chart.
This is a set it and forget it trade, using right risk management for your account size, which is generally around 2%.
$KODK Bear TrappedLooking to fill the 7-6 gap up shorts are vulnerable to a gamma squeeze… A gamma squeeze occurs when market makers are hit with a imbalance of puts v calls and then very quickly call orders come in causing market makers to cover Delta in short order..: the momentum begins and inertia follows… this is one that people have come back to y/y… look for this to happen when the market finds support around 4250+ then quickly load up on calls..: these are tough to pull off so I would look to coordinate @ 10:45
XBTUSD The Theory of the Wolfe Wave :
The theory of my Wave structure is based on a law of physics that for every action there is an
equal and opposite reaction.
This action/reaction often shows a definite rhythm with extremely valuable projecting
capabilities to the trained eye. Many times however, little waves mix with larger waves and the
waters become muddied. Sometimes everything is in synch and you will get a rogue wave effect
similar to what occurs in the oceans of the world. These can be extremely profitable in the
futures and stock market.
On the following two pages, you will find the rules and the theoretical, bullish and bearish
Wolfe Wave structures.
Rules for Bullish Wolfe Wave Structure :
Please not the odd sequence in counting, as you will see, it is necessary for the inductive
analysis. By starting with a top we are assured of beginning our count on a new wave. The 2
point is a top. The 3 point is the bottom of the first decline. The 1 point is the bottom prior to
point 2 (top), that 3 has surpassed.
The 4 point is the top of the rally after point 3. The 5 point is the bottom after point 4 and is
likely to exceed the extended trend line of 1 to 3. This is the entry point for a ride to the EPA
line (1 to 4).
Estimated Price at Arrival (EPA) is trend line of 1 to 4 at apex of extended trend line of 1
to 3 and extended trend line of 2 to 4. Estimated Time of Arrival (ETA) is apex of extended
trend line of 1 to 3 and 2 to
4. Trend line of 1 to 3 and trend line of 2 to 4 must converge.
Banknifty trading ideasNow, strong support at 35400 if breaks no reason to long it is bullish one need to buy only above 35800 yes you-all know that's a strong hurdle so don't take any risk below it buy above 36200 max trgt exit there then it will fall.
This is the very first time I've posted for Wolfe waves analysis ya I see there's a pattern forming Wolfe waves so when fall comes 1st target downside 34800 then projected for 32400 let's see what's gonna happen I promised I kept posted big analysis.
Yesterday, I aggressively tagged it long I was absolutely right taken the benefit of long trade and talking about tomorrow expiry would be volatile but still above 35800 there's is a upside trgt of 36200. Global market was down still I tagged it long now u can understand my intensity.