BTC we expect it to make the next moves as we have shown in the chart where we expect it to complete the 4th wave (small rise) and the 5th wave of decline, and then start slowly with its rises up to $30-32k.
As a update about my current bear position on CZ coin as you can see by the link below.
The price action is heading one leg downward to complete a wave 5 of a contracting ending diagonal, according to the Wave Principle. That seams a breakdown can be expected to the local demand, as we can see clearly on this chart. After broken, the trendline tends to be...
This will be my personal trade Setup, This is not an advice of any kind to initiate trade according to this setup. This is for only for my learning purpose and maintaining my trading journal.
As posted in previous day setup that from price as Banknifty is in parallel channel with 44151 to 44071 as resistance zone and 43470 to 43370 as support zone and on...
Price saw rejection around the $2,019 level, which appears to be the completion of a regular flat pattern while also coinciding with the previous resistance established during the August 13, 2022 highs. My primary target for this short is set at $1,659, which corresponds to the equal leg target of the previous bearish impulse leg down. Continued consolidation...
long manausdt now..
low stop lose and big target....
all targets are in chart
stop limit 0.5530
take care about the updates in this idea we will put our stop lose at break even fast because the market its not that good....
Goodluck
BTCUSDT is in a downtrend now to fill the corrective wave-A in a broadening structure, which suggests by the wave count that we are in the terminus of a micro wave-ii, thereby the expected retrace can reach 27750 in the rest of the day, i.e. I'm predicting a extensive wave-(V) in a expanding ending diagonal (broadening wedge formation).
Price action tends to interact with AVWAP in confluence to the pending retest @ resistance. Fisher Transform oscillator on H4 suggesting the trajectory in time. An extensive wave inner impulsive bearish wave (iii) expected till local demand.
The price action is telling me that the next macro swing-downward, probably the last leg-down of this cyclical bear market is igniting. Now, after a retrace of the "thrust-false break" to the weekly supply in an greedy extensive wave v, the shape of this retracement triangle is indicating a reliable reversal point. On the other hand, the bears are slowly taking...
BTCUSD reached further the supply area in overbought condition. A potential decrease of 7% can occur if the price action interact with the anchored VWAP from ATH. This potential movement can ignite an impulsive 5-wave bearish exiting of this big diamond pattern, which is likely complete.
Fisher Transform suggests the direction of the price action in 2H and 1D...
BNBUSDT is about to finish the 5th wave of a contracting ending diagonal. 12% drawdown can be expected as illustrated on this 1D chart. Price action on intraday below volume POC.
According to my wave count, BNBUSDT is likely to be enter in a 5-wave swing-downward correction to made a lower low amid 160 USDT price @ least extending down 1.618 from the ABCD...
Expecting a swing downward. I'm dislplayed on this 30m chart all passible bearish correlations. No doubt about the price action ahead. Daily overbought condition. I'm expecting sell-off.
Our priority scenario in NG is a pullback of the price in wave 4 to $3.5. A slight decline before the rise is possible, but not below $1.423. Resistance at Friday's high of 2.24 should (ideally) remain unchanged until wave B is considered complete.
Price has pulled back to an area of value which we could get a sell opportunity to the rising trendline.
If we don't see a bearish confirmation to validate this set up I will wait for a different entry.
Thanks
Trade Safe
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Hey Traders, this is GBPUSD Analysis and update for all of you, is it forming an Ending Structure or a Leading Structure? You can trade any of the above waves if you get your setups.
I will be looking for sell setups from current levels or above the top/Reaction zone.
DO NOT JUMP IN - Jumping in without using stop loss or risking big or following anyone...
Bear market isn't over yet. Based on wave (W) and (X) we are going to get 3 wave move higher which will be end of wave (Y). Bear market will continue after completion of wave (W) (X) (Y) in red.
Let's follow up closely...
