Been trying to resolve some of the short term ambiguities of crypto charts and SHIB seems to be giving a pretty nice read. I am expecting an across the board lower low in an around a week as marked on this chart.
2310 SIPCHEM W1 - 20/4/2024 (TASI Market) Down trend in wave a is completed and there are increasing if buy volume which will push the price for up trend in wave b. Regards,
The ideas I've posted with different many potential waves and seemingly direction, is simply me trying to make sense of the smaller fractal sub-waves that would create the bigger move higher that i have already predicted for Bitcoin to EVENTUALLY go much higher. Specifically these areas (breaking new ATH's) are where the waves, through my trade plan have major...
I currently waiting for BTC to drop again. Target would be the Golden Zone. This move should be Quick and the Price should recover strong. So if there is no strong reaction from the Zone i would close the Position again.
I have one completed impulse down from the ATH at 18709.00. This impulse started with an expanding leading diagonal and finished at 17181.75. Bulls (green) see this an A wave, and bears (red) see this as wave 1. Bounce off low tagged the 23.60% retracement with a zigzag and then found a new lower low. With this I see two possibilities: either we start forming more...
Nasdaq, very bad for bulls, firstly, the two green box, finger crosse doesn't break, specially the second one...I got 3 EW A leg levels and lets hope it doesnt create a 1week TF H&S, then we are looking for a minimum of 10444 and God forbids if breaks that line, will be like hell on earth WWIII? Be my guest (Remember, it is not a straight line, but keep that for...
Bitcoin may be in a 4-5 setup, with support between $53k and $57k, within the diagonal structure of a higher degree wave 5. This wave 5 is developing as an ending diagonal, potentially reaching a peak in the $100k region, which could lead to further upward movement for altcoins.
Green wave 5 is marked as a failure. Alternative: But, considering other coins, alternative is weak. Since there is no impulses on ETH from the low, I think, it will go for another local low. The same on ADA:
Taking Elliot Wave Theory as a foundation and applying a fractal growth to waves as they complete a full "impulsive wave" and its "corrective wave" ...i consider that a complete wave fractal and we will either grow exponentially or, in this case would have already put in a reversal to the down-side well below these current level (which broke the recent...
Expecting a continuation higher eventually here, but first we need to finish this ABC corrective wave to the down-side. Then we should see steady growth until the waves are complete and this would create a "fractal shift" that would be going well over ATHs...typical twice as much as the previous lows (where price is plotted to go in this idea)
A yearly fractal completing here and really shows the "fractal growth" that I've developed this specific way of counting waves, with EW as a foundation as far as wave structures and counts for a complete "impulse and correction"
This idea is showing a more standard full retracement ABC corrective wave. If you check my other buy ideas for Bitcoin you can see the system I created using EW for its foundation and a fractal growth for counting the waves in a specific manner. The fractal shift completes the bigger waves correction without actually pulling all the way back as you would...
Most waves i plot (all valid waves with strict rules) are indicating we're still down from here, but should we start to move higher right now it should look something like this
■Outlook of XAUUSD on 3D chart. We are currently in sub-wave ⅲ of the upper degree wave (ⅴ). I think that sub-waves of wave ⅲ will form a 5-wave impulse. so, we are in sub-wave (3) of wave ⅲ. If the assumptions of this scenario are correct, I think that sub-wave (3) will continue to be bullish, supported by two channel lines. Last time my idea. ■Apr 13, 2024....
As a regular flat, this looked pretty reasonable, and then we got another daily lower low on our current candle. Bulls should be worried that the area in the ellipse is an expanded flat and, if so, would imply further downside is ahead.
I recently Shared NearBTC and gave you some short term targets for Near. In a few week Near will climb through 16 to 20. According to Elliot waves theory, Near has finished its own corrective move. It's time for a bull run now. Targets specified on the chart before this post. Main target 16. Good Luck To Us All.
Ethereum Name Service (ENS) is a decentralized naming system on the Ethereum blockchain, converting human-readable names like john.eth into machine-readable Ethereum addresses. It also allows the reverse, associating metadata and machine-readable addresses with human-readable Ethereum names. I believe that the macro price action on ENS targets a new all time...
Seems like natural gas is ready to explode in 3rd of 3rd Elliottwave. Oil has similar sentiment despite being less obviously bullish. Natural Gas remains so far firmly on track and expected to rise with oil, perhaps on the Middle East escalation in the most nearest future.