2024-04-22 Shiba BUDZ / Wrapped ETH in USD on Uniswap V3 Shiba BUDZ is touted as a rival to the popular Shiba Inu meme token, but with more functionality , such as gaming and DeFi. On April 19, 2024, Shiba BUDZ concluded its presale at the token price of 0.04745536 USD, with the initial stage price of $0.007. The following day (4/20) at 10:36 UTC, the token was...
Price has been in a bearish trend on EURUSD, but that remains the case. We're currently in a 1-2-3-4-5 impulsive phase. On the intermediate degree wave 3 is sub-divided into an impulse as well which should be the case, which is a minor degree. On the minor degree, we're in a wave 4 phase and we can expect a wave 5 sells. Remember waves 1 and 4 never overlap and...
DOT completed a five wave advance starting in Oct 23 and then put in a high on 14 Mar. Since then it sold off sharply. I suspect we are in wave 4 of c and about to put in an additional low before we can look for an impulsive development on the intraday charts. I'd buy a break above the b wave high at 10.06 (stop under 8.08) , or if new low forms in the next...
I find the position of Bonds very precarious going into this week. I've heard it said that Bonds are are in total "hands off" mode or "anything but bonds" is said right now. Nobody wants them... and if they fall fast it could literally cause a "Bond Crisis." So this is going to be an important watch. In the shortest time frame I see a potential Leading...
© Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M. (1D) Long-term context suggests that the ((iv))-green wave is currently unfolding to push lower, targeting 2265. After reaching the bottom, the ((v))-green wave is expected to follow, ready to push higher. (4H) Short-term outlook has seen a significant decline since the recent high. Gold is now poised...
Hello traders and welcome, Today, we are delving into the world of gold, and it's high time for a fresh analysis of this precious metal. On its weekly chart, gold has formed an ABC or 123 pattern. Let's dive deeper into the concept of the ABC pattern: Traders base their buy and sell decisions on the analysis of historical price data and the identification of...
We talked about bullish GrayScale Bitcoin Investment Trust (GBTC) already back on February 28th with a weekly free chart, where we mentioned and highlighted an ongoing five-wave impulsive bullish cycle. Well, as we actually expected, after GBTC reached all-time highs, we can see a projected slow down that looks like a wave (4) correction. A correction actually...
Here I have USDJPY on the Weekly Chart! Price has been meeting all the criteria since its LOWEST LOW recorded @ 75.565 in Oct. 2011 to have then started what looks to be a Correction Wave (ABC). *This Low also seems to have been the completion of the 5th Wave of the Impulse Wave since UJ hit markets in Jan. 1971!! On the chart you will see that we have continued...
AGIX has finished its wave-3 of 3 upward movement and is now in a downward wave-4 of 3. You can begin scaling into the green triangle, placing the smallest order at the top and the largest at the bottom. Once wave-4 of 3 concludes, I will update with price targets for the upward wave-5 of 3.
FUBO started its rally from $0.96 in March 2023 and reached $3.87 in August 2023. Since August 2023, it has been declining with the Elliot WXY correction wave. I think this correction will continue until the gap at $ 1.18 is filled. My guess is that this correction will continue until around $ 1.12-1.2. Unless it goes above $1.9, I am short FUBO.
© Master of Elliott wave Analysis: Hua (Shane) Cuong, CEWA-M. (1D Chart): Details: Short-term outlook shows that wave ((y))-green is ongoing as a Zigzag and wave (a)-purple has ended. Therefore, the (b)-purple wave is expected to have ended, and may be ready to push even higher. Pushing higher than 16.5 will be the first step to renew this outlook. Invalidation...
Based on the market behavior today, April 10, 2024, I have finally settled on a new structure model of this entire market top. The bullish wave yesterday had all the punch of a D-wave in an Elliott triangle, but then stopped unexpectedly and turned south for a deep retracement. I commented in another topic that this was a leading diagonal, but that structure is...
BTCUSD Elliott Wave Technical Analysis Mode: Corrective Position: Wave (iv) of (c) Direction: Wave (iv) of (c) is still in play Details: Wave (iv) is still in play which I expected to be end around 66-67K. Next Direction: Wave (V) which will complete the next higher Degrees Wave (c) Target : the area between 60-58k Wave Cancel invalid level: BTC going above...
Gold is currently in an ending diagonal which breaks down into 5 waves with 3 waves each. It appears as if the top is in for wave 3 and now we've started wave 4. We are expecting an ABC correction for wave 4 leading towards the fibonacci level. For those that are interested in entering, watch for any sort of pullback and enter with stops above the...
Review: My last update on TSLA was a long time ago, published on January 6th. At that time, I had TSLA in a wave 2 ascending triangle that would consolidate until July before breaking higher. My overall expectation was definitely less bearish than the reality. Update: Analysis of the Structure: TSLA wave 2 turned out to be a triple zigzag. Right now, we...
BTCUSDT possible wave 4 scenario. The blue trendline act as a strong support and was tested only twice . Fibonacci levels for wave 4 are in purple . Inducements (liquidity traps) are marked and act like a magnet most of the times . Invalid on chart . Good LUck
TUP bounced nicely today - may be the start of another leg up to soar the stock 8x?
Review: Key points of the two previous updates (March 17th and March 22nd): The price action of AAPL is going to be very ugly and slow-moving in the next 1-2 month. Next major trough, 18M cycle trough in early July. 40D cycle trough: 9-10 April. 80D cycle trough: 14th May. Completed wave x of X as a flat correction and now we are in wave y of X. ...