I'm sharing with you another great trading plan for medium-term position holding and local trade planning for MATIC coin. In the medium term, the correction in the form of ABC pattern (in wave B) is probably completed. At the moment the impulse structure of wave 1 is already forming within the big C wave. Locally, the price took a timeout for the correction in...
An excellent medium-term trading plan on AAVE. The prolonged downward correction in wave B seems to be over. At the moment the price has formed a strong upward impulse in the form of a wedge pattern for 1 wave. Locally, the price is correcting in the assumed wave B (in wave 2). I plan to open a short position at the completion of wave B in order to win back...
An excellent situation at API3. I have taken a long position, waiting for the bullish rally to continue. Overall, the structure looks very encouraging. A strong bullish momentum was formed earlier as part of wave 1 or A, followed by an ABC correction pattern. The price may already be in a strong growth impulse in a large wave 3 or C. Bullish rally...
The BTC price continues to correct within some of bearish structure. I am still not taking any trading action due to the ambiguity of the situation. In case a bullish momentum is formed, I will look for a place to open a long position: e.g. after the price breaks the local downtrend line. In general, there is a feeling that a wedge pattern may form; whether it...
RSR price had previously formed a strong upward momentum in wave A, after which a prolonged consolidation started. At the moment the correction pattern in wave B (triangle) has gained clear boundaries. Locally, the price has already crossed the boundaries of the pattern and formed wave 1 (within wave C), which has already been corrected by wave 2. I have taken a...
I have made certain adjustments to the current count of wave levels. On the one hand, as before, there remains a risk of continued bearish dynamics and updating the historical low in the current phase. For that, the price needs to make a sharp jump to the $29,000 level. On the other hand, an emerging bearish wedge could be the beginning of a sharp change in...
I haven't posted in a while, due to being somewhat busy with basic liquidity management issues. I suggest to pay attention to APE. In the news feeds, it was reported that the Gucci brand has officially added APE as one of the ways to pay for its products. Considering that APE was added to the exchanges relatively recently, and as such there has been no pumping...
Let's consider an excellent situation on the STXUSDT. Based on the current wave structure, I plan the opening of a long position or the opening of a short position. On the one hand, the current corrective in wave 4 may end up forming a WXY pattern; on the other hand, the current corrective pattern in wave 4 may end up forming a triangle pattern. It is advisable...
Hello, everyone! In today's review, the trading plan for the API3USDT derivative. If you pay attention to the logarithmic scale and the structure of waves for the medium-term, it is quite possible that the price correction from the historical maximum (about $10) could have ended. Locally, an upward momentum was formed in a presumed wave A or 1, after which a...
Should we consider that the BTC price has turned around and a new bullish cycle has begun? Should we consider that the price of BTC is still at risk of decline? The answers to both questions are the same: yes and yes. The day before I took an ambiguous position in the market: I opened short sales, but I also opened long positions. The market structure was...
The structure of medium-term wave levels on the BCH tells me that the decline from the level of $1,600 is probably over. On the smaller timeframe some initial momentum was formed in wave 1 or A, and at the moment the price is correcting in the anticipated wave 2 or B. It is possible that the correction has already ended and the price has already started to form...
Previously I have published an idea for OPUSDT. Now, I made adjustments to the current wave count. The price successfully overcame the uptrend line, forming an impulse in the assumed wave 1. At the moment, wave 2 is being formed, in which the most highly effective trades are opened (according to trading rules by Elliott Waves). I opened a short position and plan...
Hello everyone Bitcoin price has formed an upward correction in wave 4, after which it may continue to decline rapidly in wave 5 of wave 3 (in medium-term wave 5 of wave C in ABC wave pattern). The general dynamics in the derivatives market is a bit strange, so I marked a critical level of activation of alternative versions of the situation. I do not publish...
Bitcoin price continued its decline in wave 5. I did not have time to open a short position as I expected a longer correction in intermediate wave 2. At the moment, I plan to open a short position at intermediate wave 4, after which I will expect an acceleration of price movement downwards. I do not consider opening long positions yet. Best Regards, CEO...
I updated plan of the wave levels for ETH. In general, as before, I expect the price decrease within the wave 5 of wave C(of ABC pattern in medium-term wave 4). Locally, the price is probably still in a correction, after which we can expect a renewal of the high, which can be broken by the market-maker on stop-losses for shorts. I also plan to open a short...
An ABC upward correction pattern has been formed, for a downward wave A. At the moment the price broke through the uptrend line and it is likely that the formation of the intermediate wave 1 will be completed soon. I will sell the coin on the correction in wave 2, from where I will expect a deep price decline to the level of $0.1. Overall, short pos has...
SRM price continues to decline as part of an assumed correction in wave C of wave 2. The sales volume is still very low, which indicates the weakness of the sellers. It could start a rapid price recovery very soon, which could lead to a rise in the value of the coin to $2. I have already opened a long position and at the end of wave C I plan to increase the...
The price of bitcoin once again updated the local minimum. I continue to consider 2 scenarios of development of the situation: 1) The price formed 3 impulses in a row to start a deep decline. The opening of a short position is relevant at the breakdown of the minimum of the last wave 1. 2) The price will continue to form a correction within wave 4, completing...