BTCUSDT possible pullback BTCUSDT formed long inside bar and RSI is overbought Price also made large FVG that usually needs to be mitigated This usually indicate a slow in trend momentum and possible reversal or pullback. Pullback : 1- Wait for the current candle to close with wick and below the yellow 0.618 fib (DONE) 2-Breakdown of the orange line and...
Possible wave 5 of C in progress and very close to reach target level . The price usually falls deeply after completion and should break at least previous wave 4 low . Divergence must be present between wave 3 end and wave 5 end for confirmation . Usually wave C end dose not travel beyond 1.618 otherwise it is invalid Good LUck
Wave 3(orange) high was broken which confirm the completion of wave 4 (orange) and also confirm wave 5(orange) in progress in order to complete wave 3(blue). Currently wave 5(orange) reached its minimum fib level and EWO indicate a divergence , but usually when wave 3 is extended it reaches to 2.618 fib level and sometime higher . Wave 4(blue) low must break...
This is a possible wave C of ABC (wave 4) in progress scenario. Price must break the previous wave 4 low in order to confirm the completion of the pervious wave otherwise watch invalid on chart . The EWO should turn green above zero and RSI above 50 to confirm positive momentum and momentum should pick up. Good LUck
Possible simplified BTCUSDT wave 5 of 3 update #3 scenario I hope it help someone . Good LUck
BTCUSDT wave 1/A in progress and currently the price is in the last wave 5 . Wait for trendline breakout and wave 4 breakout for confirmation. Invalid on screen Good LUck
Possible wave 1/A is almost completed There is divergence between wave 3 and wave 5 so this gives us a high probability of wave 5 completion but it is still possible for wave 5 to go lower . if the white trendline is broken , wave 5 will probably go as low as 0.4017. currently RSI is below 50 and momentum is bearish . price needs to break wave 4 high and...
Wave 5 of 3 still in progress as long as wave 4 (pink) is not taken out . Good LUck
This is ideas same as before but i tried to make it simpler for new traders without Elliot wave backgrounds and i hope i did . Good LUck
AIUSDT VERY CLOSE TO RALLY UP Invalid on screen Good LUck
GMTUSDT.p /GMTUSDT spot both with a weekly strong uptrend confirmed with CHoCH and BoS Invalid level on chart Good LUck
BTCUSDT Possible wave 5 in progress RSI crossed SMA and trendline , momentum is rising up . Invalid below 41300. Good LUck
BTCUSDT is possibly in a sideway range trading (ie wave 4 abc ) and a possible breakout is imminent. Watch out for the RSI and trendline breakout and the red SMA signal cross. high probability to break down and reach the gold zone Invalid on Chart Good LUck
BTCUSDT POSSIBLE CORRECTION price and RSI are in divergence and a possible pullback is coming. Only valid if price breaks down the 42821.10 level. Good LUck
XRPUSDT POSSIBLE BEARISH SCENARIO if price close below the up trendline and while RSI still below the 50 level then XRPUSDT will have a high probability to dip lower than 0.41 Invalid level on chart Good LUck
BTCUSDT POSSIBLE PULLBACK price broke out of channel .RSI still below 50 level Good LUck
RUNEUSDT POSSIBLE BULLISH SCENARIO If the daily close is above the grey zone and RSI crossed the red SMA line and broke the black trendline ,wait for a pullback and enter long . Invalid on chart Good LUck
WLDUSDT possible pullback on the 4 Hour frame, previous idea still valid. DT is formed and usually is a liquidity garbing and tricks many traders . Good LUck