xTomato

xTomato

BTC has liquidated most of the early long takers already that has been trading within the range this channel might be a good support area for wave four. This drop could be repeating the pattern from August 2024 where BTC tanked towards 48k before rallying to 100k ATH.

xTomato

We are seeing gold consistently printing bullish candles on our weekly time frame, and if we look closer we are currently forming a third wave extension of third wave extension of a fifth wave extension. to make it more simple we are receiving continuous market acceptance with price going up that sustained the uptrend gold is creating, supporting the idea of...

xTomato

Analyzing Bitcoin’s monthly wave cycle, the retracement following its $69K rally was initially expected to be a 4th wave correction. However, the move went deeper than the $19K top of 2017, reaching as low as $15K in 2022. This raised a key question about the wave structure. According to the Elliott Wave Principle, in an impulse wave, wave four should not overlap...

xTomato Updated 

Bitcoin is now on a consolidation phase forming a triangle correction pattern, thrust measurement suggests price targets around 95-100k.

xTomato Updated 

XAU has been consistent with it's reaction inside this parallel channel, currently we have an ongoing rally towards the final wave of third wave micro degree this rally may continue up to 2,800 area before reacting again on the upper bound channel then a corrective pattern will follow, will update my idea on a bearish side once we hit the target around 2,800 area.

xTomato Updated 

Bitcoin is experiencing resistance on the weekly trendline causing a slowdown on it's rally completing a five wave move on a lower degree that will serve as a first wave of a potential 3rd wave extension for the miniscule count, market might squeeze some early short positions on current price up to 70k-ish price level and develop the bearish divergence on 4H time...

xTomato Updated 

XAG is on it's way to complete it's final wave for wave 1 of 5, We could expect an extended wave since waves 1 and 3 are almost equal in size, but still be wary of the upper channel price might still react when market reached 34.xxx level.

xTomato Updated 

The fifth wave of bitcoin is measured at around 80k levels, but based on the channeling method the fourth wave made a "throw-under" which might indicate an extension of fifth wave that could result into a "throw-over" above the upper channel, which measures around 140k , current price action has formed an inverse head and shoulder, a confirmation for...

xTomato Updated 

Sharp bearish move is observed since October 31, this swift move continued after a relief rally during the November monthly opening completing a zigzag pattern towards the second wave of the preceding impulse one degree lower. Current market rally is a potential reversal that completed a five wave move for wave one (cyan), and is now completing a zigzag...

xTomato Updated 

A 4 hour regular bullish divergence is observed on a possible 5 wave completion for wave A, short term rally could be expected towards 1.10xxx-ish area, once a 3 wave corrective pattern is completed market could potentially move down to complete a higher degree pattern.

xTomato Updated 

After the sharp drop from my previously published idea, Bitcoin is now attempting to create an impulse; If a successful retracement for wave 2 is accomplished we should expect a 3rd wave rally towards 65k levels breaking the B wave and confirming the termination of the corrective pattern, to further support this reversal Idea bullish divergences can be observed on...

xTomato

Solana keeps on failing to create a bearish momentum below the current range, after applying wave counts it is highly probable that the sideways move has come to an end and we are expecting a very impulsive move up for 3rd wave on the lower degree to proceed the higher degree 5 wave pattern

xTomato

As part of the retracement wave (2) is not yet completed and the rally that we are experiencing is all part of the sub wave B of the second wave unfolding. Lower targets is highly possible