Following WBD for quiet a few years, and we could witness now a bottoming process, where either we have the lows already in, or we should be near to it.
On the several year-prospect we had already a wave 1 (or A wave) to the upside, with a wave 2 several year pullback as either as a-b-c (with an overshooting b wave to the upside), or a WXY structure.
Yellow...
Hello dear friends, I hope you're doing well. Before delving into Solana and Bitcoin analysis, let me reiterate two important points for newcomers and myself:
1. If you haven't profited from market dips or experienced severe liquidation, take a few days off from the market.
2. Avoid entering the market for revenge, as emotional decisions could lead to further...
JIO FIN SERVICES LTD
The series of 1-2 1-2 is good sign of a stock to give the multifold returns.
Our stock JIO FIN SERVICES LTD is also making a series of 1-2 1-2 on daily chart and 4hourly chart. If you have the stock in your portfolio it is to keep it for multifold returns.
I am not aware of any news on the stock but feeling it will go up even in this tense...
Upon navigating in smaller time frame these set of count have come to my notice.
We are expected to fall more and hoping for wave 4 upside upto 21340-50.
This is not a trading advise please consult your FA for any investment or trade execution..
Thank you.
The other one that I post was a weekly one.
Elliot Wave finished. ABC correction finished. Waiting for second abc.
Chart has recently finished E.W. but it can reach a little more toward 338%. Even so, I don't sugest to wait for it since it can go down any moment.
I use fibonacci between peak 1 and peak 4 of E.W. to know fifth wave limit.
Concerns about Bitcoin’s recent decline, driven by fear and a risk-off attitude due to Middle East tensions, have arisen. However, this appears to be a healthy correction within the ongoing uptrend, ahead of the upcoming halving.
On a daily chart we are currently observing wave III after recent extension and there can be space for more upside, so after current...
An ascending diagonal triangle is a bearish sign and is usually followed by a sharp drop in prices, at least to the level where the triangle started. Fifth wave lengthening, truncated fifth wave, final diagonal triangle - all these patterns contain the same fact: an upcoming impressive change of direction. The sign of the overlap of waves 1 and 4 and the...
Recent news downtrend E.W. finished on m15 timeframe, but H4 and H1 timeframe don't have the structure. Therefore, another bearishtrend should form to complete the E.W. on the higher timeframes.
Bullish E.W. on m15 will start forming.
I used a repeated 0.40% zones for retracements, but probably will go directly to 300%.
Note: Probably whales where...
CRYPTOCAP:MATIC
From the bottom we've watched a Wyckoff Accumulation jump the creek and stair step through a 5 Elliot's Wave and print a rising ABC flag, while coiling on support and showing a SOS at the LPS all while printing a large daily bullish OBV divergence.
Matic has always been a slingshot play, this lag in PA is exactly what was needed to shakeout the...
Watching this gap fill as it slowly pulls back to 50DMA.
Build long slowly based on broader market condition, don’t jump all at once.
Long between 92-95-98
Stop loss - 90
Target#1 - 110
Target#2 - 125
Chart is going as predicted. It already went above H. peak and will need to reach more to do the 3 to 4 of fibonacci.
For a well E.W. structure, point 4 can't touch point 1 . If a bearish peak does it, then it will form another wave and much higher.
I'm expecting that fifth peak will be below 400%. Maybe 338%
Hi.
BINANCE:ADAUSDT
✅Today, I want to analyze ADA for you in a 12h time frame so that we can have a MID-term view of ADA regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
After the fifth bullish wave, Cardano has completed his corrective waves (ABC) and now he has reached the end of...
A to B of ABC correction finished. B to C correction in process. Expecting to hit double top.
I believe that since news are cloose chart will do a doji of what it have done for now. It's better to take the risk.
We tagged my long held target yesterday of $834, and now I'm of the opinion we get a corrective retrace targeting $902 before seeing lower.
Best to all,
Chris
Elliot Wave still in process. Fifth peak will take around 392 days to reach. That is, if second E.W. does not appear.
The side arrow is to know bar distance.
By obtaining the total bars of an E.W. complete formation, and duplicate it, one can predict next powerful candlestick that can tell reverse or end of a phase. It works better in m1. It works in sideways too.
A potential bull trap scenario with one more wave downtrend.
1. First correction - Extended flat ABC
Wave B retraced 78.6% / w.a and w.C: extended 161.8% of w.A
2. Complex triangle ABCDE pattern
3. The current downtrend wave doubled zigzag ABC pattern with wave 4 in c leg targeting 38.2-50 % retracement at ma50w, creating a false breakout signal before final wave...
EDITAS could be in the bottoming process, I am watching it for a few years now.
We have a falling broadening wedge, on which we had a breakout already. This is part of a bigger falling wedge (blue).
It is techincally possible, we had put in the lows at 6.35 as a wave 5 (as an ending diagonal), which is part of wave V as a last wave, of the biggest Wave (II)....
