hi friends. so finally we lose 1700 and 1300 supports :( bad news for ETH.and bad fundamental news for it too where MERGE upgrade overdued. no problem we see an ending wave C and we are compliting it. but remember these levels are good for buy but we should pay attention to macroeconomic news and happens. if inflation in USA and EUROPE dont go down wave C will be...
●● Preferred count ● SX5E ( TVC ) , 🕐TF: 1W Fig.1 The Euro Stoxx 50 Index is the main index in the Eurozone. The components of the index are companies that are leaders in their industries - 50 companies from 12 eurozone countries: Austria, Belgium, Germany, Greece, Ireland, Spain, Italy, Luxembourg, the Netherlands, Portugal, Finland and...
According to the wave count, a flat pattern is apparently forming. Therefore, we expect that in a 5-wave structure, the range will rise to 22650-24200 and then the price will fall again from that range.
BTC is holding the price at the major support not closing below the major monthly support, he tested it and moved below and returned back to the support price which shown that BTC may actually be trying some retracement of some bullish if the bearish impulse fails in the next coming days. My advise for those that are willing to invest on BTC should start...
EGLD/USD EWT count - 16 MAY 2022 It looks like a correction might have ended, after over 6 months of downfall of EGOLD. The expected price of $ 72.26 has been touched. If the price touches the mark of $140.94, we may consider an uptrend of this. If the price keeps heading down, it means that we are still into the "red territory" and an impulse on the downside may...
The long term wave uptrend cycle in Ziliqua remains whereby as indicated on the left (long term overview) we continue to operate inside the 5 wave Super cycle to the upside where we currently are positioned in the 5 wave Super cycle. Following hitting a wave 3 Super cycle top at $0.26 on the 15th of April 2021, the asset then corrected in a substantial WXY...
Is there much left to squeeze out of the never ending bull run on Mastercard ? Fundamental indicators: for the long time Visa and Mastercard were undefeated corporate giants with unbelievable circa 40% profit margins and growing exponentially since 2008 crisis. Let's look at some factors, if any, that may break this trend Recession - warning macro...
WEEKLY TIMEFRAME Corrective move down Currently at wave (B) while wave A was a 3 Wave daily move down. What I expect to be wave C could also be a 3 wave (Y) down. Either way the weekly timeframe is a corrective move down. DAILY TIMEFRAME Trading with the weekly trend down. 5 Wave move down was completed and noted as wave 1 A corrective (3-3-3-3-3) noted as...
The SSE Composite Index is an index of all companies trading on the Shanghai Stock Exchange in categories A and B. On a large timeframe, the price has now soared high with strong momentum support. Volatility has shrunk to the downside. From a technical analysis perspective, this pattern is a flat that has unfolded in a 3-3-5 structure. (normally labeled ABC) wave...
Wave b of 4 Completed and road for wave C of 4. Potential Revese point is 94.670.
Wave Counting of DXY it is in a minor correction (wave 4 of wave 3 of bigger degree)
$DRRX long time corrective wave ended by elliot wave count WXYXZ.
In my previous breakdown of Bitcoin's chart, I described a very simple approach where i identified significant support and resistance levels for Bitcoin. - For this chart, I have meticulously counted all significant elliott waves for Bitcoin. - You can click around, zoom in and out to see the specific wave counts I made for the past price action as well. - We...
There are some moments in live wave counting that different scenarios are valid based on Elliott wave certain rules . What can an analyst do in these cases? Is there any clue? Of course there are some guidelines which can help us to give more weight to a possible scenario. Please note that these are ,as the name suggests, guidelines not rules which means things...
●● Preferred count ● NATURALGAS ( Currency.com ) 🕐TF:1W Globally, the price of natural gas is driven by the third wave of the Grand Supercycle , within which the final wave (V) is developing. Wave (IV) that preceded it took the shape of a w-x-y double zigzag , although one should not exclude further complication before a sideways correction. ●...
BITSTAMP:BTCUSD Sharing my thoughts on how I think the crypto bull run will finish. I believe that we are currently in wave 3 of the final impulsive wave for BTC. In terms of the entire market cycle we are in wave 5, but we are completing a wave 3 within wave 5. I expect that the bullish momentum will carry us past the current ATH of roughly 65k until we hit 72k...
$RBLX Powerful Setup developed 1,2 - 1,2 count Will be watching how roblox develops into the end of the year
The idea is still strongly active. Weekly timeframe WAVE 2 With Wave 1 on the daily timeframe completed. A 5 wave internal structure is seen. A corrective Wave is (ABC) with a 0.5 retracement zone is completed. The next probable wave is wave 3 the longest and sharpest trend. This trend has a higher probability of being extended to extension zone 2.168. The...