ABC
Eth Elliot Wave Prediction for $5900/$6kElliot wave prediction on the journey to $6k if we don't lose $3900 on the weekly level.
BTC My Humble Future Price Prediction In this idea i want to present how i personally see the price of BTC to behave especially after the abc retracement and alt season. Price will of course behave much differently than of what is shown on the chart, also from the time perspective. The main purpose of this is to show that this bear market can last much longer and get MUCH deeper.
Usually btc is expected to eventually correct down into the 13-15k, which would be the normal 85% correction from its ATH, but..... i know you gonna hate what i am about to say ...
Right now it is absurd to think btc can see 2.5k at one point in time, but let me tell you this... btc has never experienced REAL stock bear market. Usually during the btc bear markets, the stock market went sideways more or less, then up again as btc went on the bull run. Dow is expected to collapse below 2008 financial crisis (explained in previous ideas abot DJI) like it did in 1929 where it went below 1921 bottom (now days 2008). Till then it is yet to be seen what will happen to crypto if all this is to play out in the future. I would personally see this as the best investment opportunity of our lifetime.
Stay safe.
I am not a financial advisor so non of this should be taken as a financial advise.
BITSTAMP:BTCUSD
BTC My Personal View Of The Price Action For Next Few MonthsI expect BTC to eventually fall through this orange rectangle price area, like it did right after setting the ATH at 69k. Retail investors still have a lot of hope that BTC price will somehow recover from here and that is not usually the sign that we've bottomed yet. After capitulation i expect the price to first reach 0.618 fib. retr. lvl., then have a bit of correction, only to recover to right about 0.702 fib. retr.
Obviously price will almost certainly behave differently than what i have shown on the charts. It is just how i visualise it at the moment.
Below in the update a will show how such ABC retracement happened after BTC reached its ath 2013/14 and 2017/2018.
I am not a financial advisor so non of this should be taken as a financial advise. Be well.
BINANCE:BTCUSDT
2311 NZDJPY setup a trade down to 78.55, RR>3Hello traders,
NZDJPY is on my selling list since last idea.
But it did now go so well by just testing the pressure line. Instead, it run sidways price action and now seems good chance to sell it with a setup RR>3, DOWN TO FIBO 1.618.
RISK LOWER THAN YOUR TOLERANCE:
Suggested Risk <5%
Your Real Entry Position Will Make Different RR for Your Trade.
GOOD LUCK!!!
LESS IS MORE!
SILVER (XAGUSD) - C downIn this count we are inside a C down.
Potential targets are:
> 1st: 20.445
> 2nd: 18.2
> 3rd: 15.3
ZEC Trade ThesisZECUSDT
(RSI) under 30 / Elliot wave with ABC correction. Bottomed out @ our support lines.
Entry: $228
EXIT: $269
SL: $212
Small Love Portions is exhibiting a bottoming structureAfter a massive 3-3-5 flat correction, Small Love Portions is ready to begin its rally.
Wave C = Wave A at 100% fib level with typical momentum divergence for wave C indicating the bottom is near.
Thoughts?
21/11/24 - Gold targeting at least 50% correction Hi trader,
please see my current idea on Gold. I think we are done with our bearish impulse, due to our 5 wave structure and this big divergence on the RSI.
A 50-61.8% Fib retrace is the conclusion and our profit areas.
DXY should be weaker now. This is because of FED's released its minutes. What I have read in the paper is, that the FED is generally going to increase rates sooner depending on the inflationary environment. This news is nothing new for investors, since the increasing of rates is the only possible way to hold inflation under control. However, I think this news is already priced in the Dollar Index.
Have a great evening,
RT
ach thoughtsI hate to say this considering I'm in ACH but it looks like ACH could continue its move down all the way down to the 786 at .062 before an eventual continuation upwards. That said I'm obviously hoping the bottom is currently in :) Would love to hear thoughts from you guys.
NKN 12345 ABC retracementBased on the fib I think we can expect the ABC retracement to go down to the 786 at .49 for a continuation of the overall trend upwards. Love to hear thoughts on this.
0811 End of Wave C UJ could down to test 112.8-113.00Hello traders,
USDJPY could have wave C down to test 112.8-113.00 on 4H chart. The strong support zone on this chart could be a easy one to break through but wont pull this pair too far from current position.
I would still prefer to long UJ once it finished ABC wave on 4H chart and send a confirming signal to long later. Sorry that last one got stop loss hit. It happens.
RISK LOWER THAN YOUR TOLERANCE:
Suggested Risk <5%
Your Real Entry Position Will Make Different RR for Your Trade.
GOOD LUCK!!!
LESS IS MORE!
0811 NewSwing USDCAD sideways finished for new leg downHello traders,
USDCAD could finished ABC sidways price action by testing fibo 1.27 posiiton. The breakingout sign did now show up. Follow main trend on daily chart, sell for a new leg down to bottom support level or a new low using fibo to calculate.
RISK LOWER THAN YOUR TOLERANCE:
Suggested Risk <5%
Your Real Entry Position Will Make Different RR for Your Trade.
GOOD LUCK!!!
LESS IS MORE!
KMDUSDTBINANCE:KMDUSDT Analysis ( A B C )
( A ) Starting point movement .
( B ) Entry point.
( C ) Target.
Target 1: 1.7081
Target 2: 2.2500
Target 3: 2.6489
Target 4: 3.0850
Target 5: 3.7829
btc - 29/10/21btc predictions btc predictions btc predictions btc predictions btc predictions btc predictions btc predictions btc predictions btc predictions btc predictions
SolanaSolana is incredibly interesting.
It seems to currently have completed a nice 5-wave impulse of +43 000% in just a year and a half.
Personally, I wouldn't mind if this here were to be a running flat correction - an ABC - to retest the primary trend line.
Given that this is on the log chart, we're still talking a nice 45-50% retracement, which should be good enough prior to being ready for the next leg up.
www.tradingview.com
2510 Wkly Outlook USDCAD finished sideways for new leg down to Hello traders,
USDCAD is on my selling list since long time ago.
It provides several selling position that could be a nice sample as selling with trend.
Now sideways seems to finish or a good position to take a risk to setup a nice selling order again.
GOOD LUCK !!!
LESS IS MORE!
ETCUSD. Possible Long positionhi dear traders.
we have a possible long trade for ETCUSD if B of ABC correction taken out by the price.
Trigger to go Long: few ticks higher than 56.903
Stop Loss: few ticks lower than 51.740
IOSTUSDTBINANCE:IOSTUSDT Analysis ABC.
( A ) Starting point movement .
( B ) Entry point.
( C ) Target
Target 1: 0.08255
Target 2: 0.10335
Target 3: 0.13007
Target 4: 0.15524
BTC in Danger Zone!!! be cautious.Hello ladies and lads.
Hope you all are well.
The outlook on Bitcoin and all the altcoins are really positive, but according to Elliotwave, we need to be cautious right now.
There a tiny chance, at least, that we see 5 wave down in BTC, if price fail to maintain a Daily Close above 64895.22 (last high) in order to finish a Correction pattern (i.e. ABC correction pattern).
So according to what Elliot says about how waves works, we better act as follow:
1 - If you do not have BTC yet, wait a little more to see at least a daily close above 64895.22 before you enter this market.
2 - If you have BTC, just be cautious. This is a dangerous area. Act according to your own trading plan.
I'll answer to your questions in the comment section.
Remember, patients pays in this market.
Cheers.
