Refer to chart for description contained within. No time for a novel, I'm buying SPY Apr 14 448 calls but this is not financial advice. Initial Target SPX 4533 (~SPY 452)
When price is in a uptrend making a higher high and the oscillator indicator is making a higher low this is a regular bearish divergence pattern. Price reaches a new Higher High in 08 April 2022, while the RSI technical indicator registered a Higher Low in the same period of time. A correction may soon be on the way.
$PLANETS looks like its dying a slow death. But I don't think its the end. The project is beautiful and from an FA standpoint its just getting over a few road bumps with some of its sensor manufacturers. From a TA standpoint, it should curve over and form a bowl, then breakout at some point to make a new ATH buy the end of this cycle. I placed the waves as though...
Luna could be finishing up wave 3 here. if So i do not expect its correction to be deep since wave 2 was deep. therefore a retrace to the 0.382 could be reasonable . If not, the 0.5 is the next support with confluence! notice the slow bearish divergence forming on the MTF wave indicator
This coin has been stuck between $0.15 and $0.65 for ages. This ranging accumulation will lead to a massive breakout at some point, we may already be in the early stages of the next impulse since late February, but only time will validate or invalidate this count. Right now this is the best count I can see. Safe Trades.
So, this ABC could be done. or it could continue to .786 (around 0.67$). I'm actually quite impressed this coin didn't correct as much as the others...it could mean significant strength in the grand scheme of things. We had a good sign that the correction would take longer (not only for ADA but across the board when it broke the trend line that started in late...
$JASMY - Updated count. Still a ways to go. Don't get caught buying the top of this move because it will wreck you. I see us finishing out subwave 5 of wave 3 very soon. After which we will correct significantly in wave (4) (back the the same level of subwave 4). This is a very typical correction target in Elliott Wave theory. Safe trades to all.
Hi everyone, Today, we are taking a look at Energy Web Token ($EWT). We are currently in an accumulation phase. The risk to reward for this trade has really low risk with high reward. We can see hidden bullish divergence as well. I will be buying at the lower levels, within the purple box. My first TP is at $11.23, and my second TP is set at $22.77. This is a...
Bitcoin has, together with a good amount of stocks around the world, taken a good beating over the last months. At the moment things are not looking good. But how likely is it to continue down? What are the risks and possibilities from now on? First of all, much of the current price has already priced in both the political uncertainties and the risks of a war...
showing the proposed contracting ending diagonal wave 5 within wave 5 of macro wave 5. Wave 5 within macro wave 5 began at $14.30. We finished a triangle b Friday and will get the final impulse next week. Get ready.
The 3rd Halving Cycle: - Elliott Wave Theory - Fibonacci Channel - Wave IV as Expanded Flat
I have moved in puts across all indexes a banking event jan 26
Looks like corrective waves are completed! We're also sitting on support zone. We can jump from here. Manage ur risk, Goodluck!
We got bullush flag pattern. One of the most profitable pattern. You can enter after breakout and retest or enter here with proper position size, risk management. I expecting we can go directly up to 1.5$ area. Goodluck!
EWT - wave 5 being 0.618 of 1+3 and also wave 5 being 100% of wave 1. Puts the range shown on the charge. Ignore the other rubbish on the chart...
It expecting lower in abc correction from the major high. Currently it correcting in sideways within (4) of ((3)) and expecting two more lows to end the c within the bearish sequence. The Total crypto market cap chart also favoring the similar outlook in short term cycle. (4) correction can be bounce between 461- 475 area before it start the next leg lower in (5)...
It's at the edge to flip to complete #bearish mode. If it can't hold the MRL (around $9 area), then things will get so ugly.
Premise behind this: 0.768 is normally the max pain in crypto. I don't think we will go sub 30K, but I do feel like it's been a bit too easy lately. Everyone seems too calm with this contionued downside. I do not have a fully established wavecount and this is basically a set of a REALLY aggrtessive expanded flat setup. Interested to see how this pans...