Shiba Inu will definitely go higher later this year. Right now, we need to catch the bounce and ride the next wave to the upside. The 0.618 FIB retracement seems to be a great level to buy Shiba Inu, which is at 0.00002249. It's always important to do an Elliott Wave technical analysis for such pumps to stay in full picture. We need to see the full market...
2024-03-17 On St. Patrick’s day this pair looks greener once again after the Bitcoin mood turned negative this weekend and erased about a third of WIF’s gains in prior weeks. Since trading began in December, the pair experienced an Elliott triangle correction into the last week of February, when it finally took off in a clearly structured impulse wave that took it...
OANDA:GBPJPY has been forming a bullish trend for 4 years. This trend may continue its growth as the national currency of Japan is not going to strengthen. On W1 we see a clear trend within the global range. The target in the medium and long term could be 195.844. On H1 there is a beautiful price channel and flat. Within the flat price is trading between...
FX:XAUUSD continues to form correction. Price has been breaking through support since the open and is testing the key liquidity area formed on Dec. 4 $2,145 - $2,150 Overall, the price is not ready to go above the made high. Yes, there was an earlier breakout of the resistance level from December 2023, but there seems to be pressure from the resistance side...
The plan is detailed enough, our goal is to ride the next wave of BINANCE:BOMEUSDT pump. Set your buy limit orders accordingly. Follow me and support my ideas for more trade updates. Let me your thoughts in the comment box. Cheers!
GBPAUD could be worth the risk to short for the interest news tonight. I believe that GBPAUD is in a corrective channel and should go down for a wave C. This wave C is part of a larger corrective pattern. At the end of the wave C we can expect GBPAUD to rise, rising to the highs of August 2008.
FX:XAUUSD is being held very tightly within the downward correction channel. The fundamental background on the market is weak, at this time the dollar is growing, which in general negatively affects the price of metal. Set-up on H4 shows us a strong resistance on the market. In general, this is due to the negative fundamental factor because of the economic...
Let's try making some money with PEPE going down, That way we can load up more for the actual bullrun! I'm not a financial advisor! But if you follow my charts I suggest you put a tight SL on everything I'll make it simple White line is resistance, you can take profit here and I normally do because it just bounces down and I add more on the way down All...
ENJ atinge todos os alvos espelhado da perna de correção de Dezembro - 23 à Janeiro - 24. Podendo realizar agra uma correção até região dos 0.4200. Essa correção pode caracterizar a onda 4 (Possivel lateralização pré rompimento de MM200). Forte alvo possível para onda 5 em região de 0.9480 - 1.1100.
Still behaving as predicted. Notice price hit the 0.236 retracement fib to the cent today? This just reinforces the accuracy of the retracement tool and helps verify the count. I am counting that as our mini B wave which indicates we're now in the C wave of b. It appears we've carved out the first wave of that C wave thus far. I expect us to continue higher...
Compared to the forecast we published two weeks ago, the natural gas prediction turned out to be 100% accurate. A comparison of the 1 hour charts is shown below. Though I was able to accurately predict the exact shape of the recovery from the recent low, I was uneasy about the longer-term outlook. On daily chart I repeatedly expressed my discomfort with the lack...
DOT atinge primeiro alvo espelhado do impulso e correção de Outubro - 23 à Janeiro - 24, na casa dos 11.700. Ainda possui alvos maiores em torno de 13.000 - 15.270 afim de concluir o movimento da onda 3 e assim realizar uma correção de preço.
Polkadot (DOTUSD): BINANCE:DOTUSD Polkadot appears to have completed Wave (2) with a notable level of certainty. Upon further analysis, it increasingly seems we're witnessing an ending diagonal pattern. This indicates the potential conclusion of the current uptrend shortly, leading to a corrective downturn for Polkadot. While Wave 1 could theoretically extend...
FX:XAUUSD is updating the global maximum. The distribution stops. The market goes into correction state. But, what is also interesting, a setup is forming on the chart, foreshadowing a support breakout. Let's briefly discuss the current situation in gold, without a long rant. The upcoming week is full of news. FED & FOMC meetings and Powell's speech are the...
ICP looks very strong from a technical perspective. We can see that we have started this whole uptrend with an impulse wave 12345, which is very good to see if you are an Elliott Wave trader. We are now in a corrective phase, and usually we want to see a liquidity sweep below the previous wave (4). In this case, below 8.5 USDT - that would be a great level to buy...
SMCI set some wild fire across all Semi-names. There will many sympathy plays across this sector this week, IMO. I caught the ARM Short squeeze last week from 120 to 160. and I got few more commons when it dipped. Below is the trade plan for commons, If you are trading options, have a tight stop loss. Long between 137-145 Stop Loss - 130 Target #1...
FX:EURUSD is testing the local channel support. The probability of a breakout attempt is quite high, as the currency pair is trading on a negative fundamental background. The dollar is strengthening after a wave of positive news, at the same time EURUSD is hitting a strong resistance at 1.0949 on D1. A bearish candlestick is being formed with the session...
FX:AUDUSD continues to form a downtrend in the medium term. There is no way the Australian dollar can change the trend against the backdrop of a consistently strong US dollar. Global and local trends coincide and have a downward trend. The dollar index continues to trade on the wave of positive economic news. Most likely in the future the currency pair will...