Tesla is getting way oversold and has reached an important support of the line linking the lows which represents the bottom of its large triangle pattern. We are expecting at least a rebound here but potentially the start of a new upleg as long as the $136 area holds. A break above the upper line of the triangle near $235 would open much higher levels while a...
there is a confluence of time and fib levels, the market will fall in 1-4 weeks. what will be the narrative ? idk , there is an Elliott wave count that says this is a major yearly high, but I don't want to believe it cause that would be catastrophic for the world, I hope it's just a pullback of 10-15%.
ABC correction finished. Waiting for bearish E.W. to form and become part of the triangle pattern. Triangle pattern is made by the Fifth peak of an E.W. and ABC correction. Fibonacci (on H4) is put between peak 2 and peak 0 of E.W. . On H1 it is on peak 4 to peak 2. It is like this because from peak 2 to peak 0 fibonacci 300% is too low. Note: whales are...
Hi. BINANCE:BTCUSDT Honestly, I don't feel like explaining because the chart says it all. PREVIOUS ANALYSIS Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the...
Hello, I have wulf finishing up a triple Elliot wave WXY correction. I think it is about to go into a 5 wave impulsive sequence here.
Actually, it was difficult to get the gasp of using Elliot Wave on this kind of chart because it didn't work like usually do On H4 t.f., three Elliot Wave finished. ABC correction finish. A to B of second ABC is in process. I use fibonnacci from peak 2 to peak 0 and start with the level 0.50% to have a better idea of where the fifth peak will be. It should...
📉Hi Traders, Investors and Speculators of Charts📈 ETH is currently following BTC along with the rest of the crypto market into a correction wave. By following Elliot Wave Theory, we can find a target for a potential bounce zone for the current corrective pattern. Ideally, we'd want to see a successful bounce from the 50d moving averages here (green), but a wick...
The leading diagonal pattern is very similar to the ending one. It consists of five sub-waves, labeled 1-2-3-4-5. Its first wave is usually the longest, while the third wave cannot be the shortest among waves 1, 3 and 5, and waves 2 and 4 are always corrective. Waves 1 and 4 should overlap. There are, however, few notable exceptions. First, leading diagonals occur...
In Elliot wave principle analysis - Triangle is a figure of a trend continuation. It always occurs in a position prior to the final actionary wave, in the pattern of one larger degree. I.e as a wave four in an impulse, wave B in an A-B-C, or the final wave X in a double or triple Zigzag. A triangle may also occur as the final actionary pattern in a corrective...
As visible in the chart, we have a well-established bullish trend and market structure in the daily timeframe chart of ETH. Following the formation of a top on March 12th, 2024, the price initiated a corrective bearish move, corresponding to an ABC zigzag correction and retracing approximately 61.8% from the previous bullish move. Furthermore, the price has...
I don't trade them, but will help assess where BTC may be headed. On the 2 day you can clearly see 5 wave count down, then by theory, there should be a 3 wave correction, up, smaller, we've seen 2 of them, up and down, should be another up-side, but then I think ETH gets one more 5 waves down to the white line previous tops and in the 61.8-78.6 fibarea, for a wick only
📉Hi Traders, Investors and Speculators of Charts📈 Fractals are a helpful way to identify how markets have previously moved. When identifying a similar pattern, it can be useful to speculate future potential price action. Here we'll take a look at how the previous bullish cycle played out. By following Elliot Wave Theory, we can find a target for a potential...
ARKK started its rally in November 2023 and reached $54.52 in December 2023. Since this date, according to Elliot Wave Analysis, it may be making an ABC correction. ARKK, which made the A wave by falling to $ 44.63, then rallied to $52.06 with the B corrective wave. As long as ARKK stays below $52.06, ARKK may be making wave C. At the end of this movement, it may...
Do u know what meanz IOTA? Some token? NO OFCOURCE! :) I OBeY Technical A? NA? well u git it :) And for being so smart, I present u my brilliant IDEA, u may applause if u like time will judge but I foreseen wave 5 endin'.
Yep, its just a lower TF to u my dearz, that u can admire my predictionz and make some
Crude oil stabilized this week around $84 per barrel on the May 2024 contract, from which we are seeing some nice rebounds after recent events between Iran and Israel. There is a risk that this escalation will not be over anytime soon, so energy prices may remain in an uptrend, possibly heading for a higher fifth wave back above last week's highs. If the market...
Don't be worry about #btcusdt, we will see it on the top 100k, as soon as possible. #btc #btcusd #btcusdc