Comment your Idea! i think that the price come down. ofcorse after break the channel & super Trend and UT Bot Support this Analysis.
Gold will probably go up to 1,700 and come back from there. Certainly, the gold index is presured and after the news is known, so gold will grow.
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According to Mr. Ilan Musk's TV show, as well as the sellers' stress about the $ 0.73 price ceiling, which was close to 161% of the Fibonacci Wave 1 extension, it can be interpreted that Wave 3 is over and the price chart has entered Wave 4 to correct the trend. And it will retreat as much as 38% and eventually the 50% Fibonacci Wave 3 shadow ($ 0.37) and move...
Due to the collision of the price with the daily support and also the formation of the 4 Elliott wave, which we mentioned earlier in the previous analysis. You can now buy and increase your capital. The goal is to reach the $ 0.75 price range.
As we have seen, the main harmonic triangle (blue) has done its job well so far, and the sub-harmonic triangle at its heart was broken two hours ago. And it forms a small resistance range at $ 0.69, which breaks and we move to the top of the blue harmonic ($ 0.78 equivalent to 161% Fibonacci). We hope that by breaking this ceiling, we can finish the third wave of...
With the failure and stabilization of the 4-hour trend, we will start the ascent to the specified ceilings. If the historic roof is broken, we will have the beginning of the third wave of Elliott.
With the $ 0.56 to $ 0.58 range, a new price floor was formed that is less predictable than expected. Therefore, we still think positively, and if the small trend line breaks, the price will accelerate towards the upper side of the harmonic triangle and exit it. Strategy 1: Price growth in case of short-term trend lines. Strategy 2: Reduce the price in case of...
It is in the ascending channel in weekly and daily timeframes. However, due to the large width of the channel, it is possible to oscillate in 4-hour and 1-hour time frames. It is currently between 1 and 4 hours of support and resistance. Strategy 1: If it stays in the downward channel for 1 hour, you can expect a fall. Strategy 2: If, in addition to the 1-hour...
Plan 1: If the support line breaks down, we should wait for the price to reach the range of 0.23 Fibonacci, which will be likely to fluctuate within the specified range. (Price $ 0.12) Plan 2: But if the price stays above the support trend line and breaks the resistance trend line (above the harmonic triangle), we should expect the price to rise to the historical...