Price has broken an important resistance area. I am now waiting for a corrective structure on a lower timeframe as confirmation of further upside before I enter.
We've been through this rodeo with Bitcoin many times. On a downtrend for the past 2 months and a nice 42% dump from new all time highs set November 11th. Oversold on the daily timeframes on the Stochastic RSI, RSI, and MACD showing signs of confluence. We could bet getting close to bottom soon and another parabola on Bitcoin has formed. We're still in a...
1HR BTCUSDT elliott wave analysis, elliott counting. No Description
1HR BTCUSDT elliott wave analysis, elliott counting. No Description
Bitcoin reached the target we previously predicted (see idea below) But what are the scenarios facing Bitcoin at this stage? There are two scenarios for Bitcoin at this stage. 1-The first scenario is the respect of Bitcoin to the previous support area in the Point and Figure and RENKO charts. Bitcoin may have respect for this support range. The reasons...
WAVE | Thailand SET Index | Media Sector | Chart Pattern Trading Let's challenge ourselves to catch it before breakout once forming a tight consolidation candlestick pattern below the key resistance of Elliott Wave 3. Chart Pattern: Ascending Triangle Price Action: Speculative buy before the breakout Indicator: RSI and MACD bullish golden cross above...
Hello there, as i see it we had a 1 to 5 impulse wave up on the 15min chart. This is wave 1. After that a ABC correction to 0.5FIB. I confirmed my wave 3 at 0,08294 and went in for a long. I put a stop loss just below my ABC correction at 0,08233 Lets see how this plays out. This is on Binance
Aussie took a sharp drop last night and is now dealing with the 72 level. There is economic data coming out at 0100 hrs tomorrow morning my time (AUS), so I will be paying attention to that. The Daily chart for mine is modelling a W - X- Y with C of Y in it's early stages. "IF" true then C=A could find Y circa 67 when complete , which would be an outstanding...
1HR BTCUSDT elliott wave analysis, elliott counting. No Description
In the chart above we can see that sxp is currently testing support of its ascending trendline while also in an ascending triangle. Also worth noting, currently nearing the end of its wave II correction a breakout to the upside will give us a target of at least $19 to complete the wave III. After which a correction should see us find support either at Prev Ath...
the move down from the 69k top is a clear zigzag (purple circled abc) correction and the first part of an even bigger correction. this means that this abc is wave A of an ABC of a higher degree (red circled abc) my assumption is that the choppy move in the rectangle still belongs to the first part of the correction and will end at approx. 44.8k, before...
Hello Traders Here is a new BUY Scenario, This pair may go up between0.69000 and 0.71000 💹NZD/USD BUY JamdeJam will not accept any liability for loss or damage as a result of reliance on the information contained within this channel including data, quotes, charts and buy/sell signals
BTCUSDT elliott wave analysis, elliott counting. No Description
This is #btc analysis I’ve just made based on the principle of fractality. It has proved having a high rate of prob, especially when it comes to including market cycles in the equation. Thus, accumulation should end ± in mid-January & start a new impulse wave (X. ABC)
BTCUSDT elliott wave analysis, elliott counting. No Description
like i see .we are in a falling market in the third wave from final wave 5 . so i think that we can take a position "sell" like i tried to mention it in the chart .any objections or advices to improve my trading system that base on elliot waves please montion it. and thenks
BTCUSDT elliott wave analysis, elliott counting Binance and Bybit have different low point on the beginning of 2nd impulse wave, it matters a lot in micro elliott counting. However, with indication of other factors. Bybit seems more reliable. RSI = Divergence (1hr, 15min) Volume Decrease + spikes at resistances ABC Counting complete
- Based on the Elliott Wave Theory we could draw this chart. - This shows a possible outcome of 5700$ per Eth. - AB TIME= CD TIME, a strong correction within this period would most likely invalidate this outcome. - Possible Bull flag scenario. Just my view on the coming weeks, do your own research;)