thekidtrader11

thekidtrader11

Bitcoin appears to be forming an ABC correction pattern, with wave B completing precisely at the 1.38 Fibonacci extension of wave A. Since waves A and B have taken roughly equal time to form, wave C is expected to be longer and more drawn-out. It seems likely that wave C could extend until around 2028, though an earlier completion by 2025 remains possible. Wave...

thekidtrader11 Updated 

Wave A is the fastest and strongest wave on the chart, indicating that the long-term trend is up, and any downward wave is counter-trend. The pattern is a flat correction, confirmed complete in April 2024 with the drop from $52 to $18. Currently, we appear to be in an X wave. The X wave can be labeled as small or large based on its retracement of the entire...

thekidtrader11

The chart shows a simple zigzag pattern Solana is currently in wave C. The minimum target for the coming year is $540, as wave C of the zigzag should at least reach the 0.618 fib level. Typically, a normal wave C can range from anywhere between the 0.618 to 1.618 Given Solana’s overall bullish structure, I believe the current price represents a strong...

thekidtrader11

Since its inception, ETH has moved up in a 5-wave pattern, which is now being followed by an ABC correction. Wave A occurred during the last bear market. Currently, we are in wave B, and the market is showing a lot of strength. Wave B should retrace the 5th wave completely and move higher. A move higher than wave 5 will indicate a strong B wave. Depending on...

thekidtrader11 Updated 

I thought of sharing this chart because the quality and pattern are working out to be excellent for the daily , and I'm curious to see where price will end up. The pattern is an expanding triangle. Normally, wave E will almost break above the A-C trendline. Wave E is the largest, typically 138% to 161.8% of wave A or wave C, but it must be slightly longer than...

thekidtrader11 Updated 

Experimental analysis with the intention to follow back later on as I am still learning This pair really excites me. I do not know why, but it has stuck with me, so I thought I’d give this a try even though it should be considered low probability due to me going deep down to the daily. As you can see, once wave F got over, we did get a very good 5-wave rally to...

thekidtrader11

Experimental analysis with the intention to follow back later on as I am still learning After posting the weekly chart, I decided to take a look at the daily chart to see if I could spot any clues, Initially, it looked like an expanding triangle, but after reviewing it thoroughly, it did not meet the requirements. The only other formation that could fit this...

thekidtrader11

Experimental analysis with the intention to follow back later on as I am still learning A very interesting chart to look at simply because of its popularity and future growth prospects. What stuns me the most is its drop from $130 to $40, a decline of 70% in a matter of 8 days, which is insane. Anyhow, that drop tells me that we are most likely in a larger...

thekidtrader11

Experimental analysis with the intention to follow back later on as I am still learning My dad actually shared this ticker with me since he was holding it. I tried my best to analyze it and come up with a conclusive statement at that time, although I couldn’t, and what I did come up with was completely invalid. The main reason being that the price data available...

thekidtrader11

Experimental analysis with the intention to follow back later on as I am still learning I thought I'd share this as it seems interesting, given its low probability. The lines represent a projected path and do not represent time The pattern forms a neutral triangle. Wave C is the largest, potentially 138% to 161.8% of wave A. In this scenario, wave C...

thekidtrader11

Experimental analysis with the intention to follow back later on as I am still learning I don't think it could be any clearer on the monthly chart. . We are currently in wave C, and I have a strong feeling that this diametric will be part of wave 1 of a terminal. The only confirmation will be through the post-market reaction after wave G concludes. The...

thekidtrader11

The only reason I’m making this post is to learn from it later on. This is a very low probability chart, as mentioned in the title, since I do not have many clues to tell what kind of correction this is. My best guess would be a diametric, so I am going to assume that. The first leg of the pattern is a diametric. I’m not sure what exactly is the second leg,...

thekidtrader11

Experimental analysis with the intention to follow back later on as I am still learning The first correction is a diametric. It appears that we have experienced an X wave rally since 2011. I identify this as an X wave rather than part of a larger pattern due to the strength of wave A following the conclusion of the diametric. The X wave is subdivided into a...

thekidtrader11

Experimental analysis with the intention to follow back later on as I am still learning The pattern is a flat The B wave is considered a very strong B wave since it touches the 1.618 of wave A, which tells me that wave C will never break the low of wave A. The pattern in wave C looks to be a symmetrical with only an I wave left to complete. After the...

thekidtrader11

Experimental analysis with the intention to follow back later on as I am still learning Looks like a clear flat pattern due to the very stretched out B wave, which also ended around the 1.38 extension of wave A retracement. This tells me one thing: the B wave was indeed strong. Normally, in such scenarios, there is a very small chance that wave C retraces wave A...

thekidtrader11

Experimental analysis with the intention to follow back later on as I am still learning Definitely one of my favorite charts to look at. This is because of how simple this expanding triangle really is. The alternation between wave B and D is beautifully done. Wave E will likely make Elon a trillionaire and people investing millionaires

thekidtrader11 Updated 

Experimental analysis with the intention to follow back later on as I am still learning CRASH INCOMING!! The pattern is a Diametric A Diametric is a 7-legged formation NVDA has reached the target for wave G The action following a Diametric pattern does not depend on the Diametric itself. If the movement after wave-G is not more stronger and faster than...

thekidtrader11

Experimental analysis with the intention to follow back later on as I am still learning The pattern is a symmetrical A Symmetrical is a 9-legged formation and almost all waves are similar in time The ongoing rally suggests that wave f has not yet concluded and is likely to end once we observe a move faster than the strongest counter trend wave within wave f...