this analysis based wave analysis and trendline and trend analysis and supp/dem
this analysis based wave analysis and trendline and trend analysis and supp/dem
this analysis based wave analysis and trendline and trend analysis and supp/dem
I marked the blue 1.618 extensions that indicated the top before. When the 0.786 marks the local top, the 1.618 seems to indicate the next cycle's top. This cycle the 0.786 is at practically the same price as the 1.618 extension of the previous cycle !!
Cryptocurrencies have experienced quite a shake down lately, impacted by the challenges in the global economies as well as crypto world itself. But how much deeper can Bitcoin fall before the final capitulation? Technical Analysis (Elliott Waves): The global count indicates that five wave impulse was completed at the peak of April 2021 - see the full chart...
It is incredibly difficult to analyse this commodity fundamentally so let's see what technical analysis may suggest? Technical Analysis (Elliott Waves): Since the sharp fall of March 2020 it is likely that we are observing the development of a global zig-zag ABC Five waves of the first impulse A completed in July 2021 Wave B took shape of a complex...
This idea is crafted with a bullish mid term mindset, trading spot / 2x leverage with DCA implementation. I am entirely aware if BTC breaks below 40k, it is likely that alts will be unpredictable. I am not considering this scenario in this idea. ETC has been consolidating for about 210 days from its 183 ATH in may 2021. My idea is that these levels marked 1,...
Possibility vs Probability. In Jan I charted out the possibility of revisiting the 20k price range. Looks like that idea was the one the market decided to take. Here is the link to that chart: I use Elliott Wave style TA and have determined this is likely the bottom, or very close to the bottom, of the most recent bear market beginning November 2021. My...
Recently I was following BTCUSD through its consolidation up until break of structure last Friday 6/10. That series was a local analysis/predictive tool using continuous-time markov chain (CTMC). This is a bigger picture analysis using charting techniques centered around supply/demand trendlines and a statistical method I developed in R studio that measures...
Hi everyone, We are hitting a series of 4's making me believe that we are nearing a bottom provided that we make a 'soft landing' in a sort of diagonal style instead of accelereting once more. If this is the case and if we are in a last wave down to complete our structure we need 5 smaller waves down. The minimum target is 1370 USD per Ethereum ranging untill...
this analysis based wave analysis and trendline and trend analysis and supp/dem
this analysis based wave analysis and trendline and trend analysis and supp/dem
I have no idea if this is valid or even makes sense as im still learning EW. However i am hoping this is a triple zigzag combo for our wave 4 before wave 5 down comes along. still working on invalidation points etc, any input is welcomed!
This is a typical bullish Wolve Wave that is on the final leg down currently. Expecting whipsaw reversal starting as soon as tomorrow, but main bullish price action will be around June 15 on the full moon (literally howl at the moon). Expecting the yellow trajectory to play out and complete EW wave (5) around 430. The chart contains all the info you need to know,...
I posted a bullish idea for SPY (linked) where I did not go into detail about the wolfe wave - I am seeing major confluence with EWT, wolfe wave projection, bigger picture downtrend resistance, target via an indicator I love called "ADX Breakout", and time series forecast for both SPY and QQQ . There happens to be a full moon (a SuperMoon actually) on Tuesday...