EURUSD BULLISH ABC PATTERN EURUSD is trading in ABC above the entry level and approaching its 1st target 🎯TP1 1.14239
💼 EL 1.13130
⚠️ STP 1.12793
🎯TP1 1.14239
🎯TP2 1.14626
🎯TP3 1.15115
Abcpattern
BTC/USD: Weekly OutlookBitcoin forming this ABC pattern, It's mean a bullish signal right now. So, As I said in my previously analysis. Bitcoin could to leading to the bull market toward $63k zone.
This it's just my perspective!!1
Short term move for Vechain Once this ABC-pattern triggers vechain's bound to hit the .441 fib retracement. Bullish times ahead :)
Also just a massive fan of Vechain fundamentally.
FB - Meta Is Showing What Is About To Come In The Stock MarketIn case you've been living under the rock, on 3rd of Feb. at the market close FB has fallen instantaniously for 20% and is since then continued to drop. I am not gonna focus on the news even though they did play a role here. Something had to happen somewhere between those large market cap stock and it looks like FB is leading the crash.
Just so you know i don't believe the entire stock market is bearish yet, just some of the large market caps as this is where long term investors start to take profits first or rotate the money into still undervalued stocks like F (ford) or PTON for example, that haven't had their true bull run yet.
Trying to count elliott waves i think we are close to the bottom which should come somewhere in the upper middle of the 2017-2020 trading range ($180-210). After that a expect typical ABC retracement of some sort back to the 70% of the initial fall to $320 price area (.702 fib. retr. lvl.) before continuing the bearish journey.
I am not a financial advisor so non of this should be taken as a financial advise. Be well.
NASDAQ:FB
BTCUSDT : potential bearish pattern Hello everyone
Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it!
BTCUSDT :
Bitcoin is printing a bearish ABC pattern, at the same time, the price reaches the upper line of the potential parallel channel.
I determine the most probable price and time reversal zone.
I used the time projection of wave A to estimate the end of wave C. Also, I used Fibonacci projection of wave A to determine the probable price reversal zone.
Let's look at USDT dominance chart to find out investors inclination to change their coins to USDT, and vice versa.
the price reaches a very important support zone, at the same time, it reaches the lower line of the potential channel.
Conclusion:
Bitcoin reaches a very important situation. These reasons produce higher level of risk for buyers. we have more evidence for bearish wave of BTC price.
ATOMUSDT ABC structure on weekly chart? I'm looking at 2 scenarios, if the bullmarket will continue, we might drop to prices around 20$ and it could look like ABC structure and we should be going to new ATH's. Imo BTC is going somewhere below 30k (28-30k bottom) which means blood on ALT's if BTC-D goes up.
this is not financial advice ;)
BTCThe price, time, and pattern indicate the end of an ABC correction. I expect bitcoin to move to a new price top after that. Also, if this analysis is not accurate, I expect at least as much as 50% of the retracement fibonacci of the ABC pattern to rise, ie around 50,000.
BTCUSD - See you at 30K-25KThis is not an analysis. it's purely for educational and learning purposes.
Since, breaking the last support it's expected to reach next near support at 30K-25K area to finish correction pattern.
ABC completed with an SFP into a daily level, expecting new ATHC finally reached the 0.382 and made an sfp on 4hr TF taking the A low and all the stops under it touching perfectly that daily level in brown (last untouched daily of the range, significant), on 1hr TF we had a bounce on the 0.705 (typical institutional bounce), confluence here
and stochastic rsi bottomed on high TF, ideal condition for a bounce
East Tea HorseIn waiting, i gonna to drink a tea in the East America near of Horse.
So, see you next year !
S&P500 MAKE A NEW HIGH IN DECEMBER'21Contrary to my previous post(22/12) SPX surpassed 4656 and bulls again won the battle.
Now its turn for them to raise the index to 4918 before the end of the year.
It's very easy for them since lot of shorts drive this EOY rally.
ENJOY BULLS
On Holding Tries to Reclaim the 50-day SMASwiss sneaker company On Holding went public in mid-September for $24. It peaked near $56 in mid-November following a strong quarterly result and has now pulled back.
The first pattern on today’s chart is the 50-day simple moving average (SMA). ONON broke under that line in on December 13 as the retail sector crashed. But it’s chopped sideways since and yesterday closed back above it.
In the process it managed to reclaim its 8-day exponential moving average (EMA).
Next, ONON’s recent turn occurred near the bottom of the Keltner Channel. Price has also held $34.50, the low of its first trading session.
Third, stochastics are trying to climb back from oversold territory.
Finally, the pullback from the November highs represents a potential ABC correction pattern.
The fundamentals could also interest some investors after management cited “hyper-growth” and “significant pricing power” on its last quarterly call.
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More Rough Ride Ahead?This retracement has look and feel of a B wave, choppy and hesitant. Got a H&S in the 15 minute chart on 11/11.
Expect another leg lower soon IMO. Should push down to test support at the old ATH IMO. RSI went oversold, bounced, fades.
Likely to get a big bounce (arrow) after the C leg, retest ATH in December. 19 Nov OpeX likely to be pretty choppy IMO.
Sold off -300 pips and has bounced back a bit more than 200 of that in the AM lift. Now in descending stair-step pattern.
Measured move would end around 15815, give or take a bit. Selling could come at anytime, so unpredictable.
Wouldn't trade dailies on this as it might take a week to come off, could be tomorrow, who knows?!
I see lower lows and lower highs in daily charts on SPX, DJI. NQ looks like a sawblade fgs.
Opening position in ten QQQ 24 Nov 392Pp spread short the 15 Nov 382, net debit $4.12.
DYODD, GLTA!
Elliott Waves & 80K Bitcoin SoonLooks like were heading in to our 5th leg of this elliott wave pattern
Running flat ? The last correction before the hypercycle ?
This is a possible so Protect yourself not with condom of course.
ABC Correction Wave - BTC Daily ChartTime has passed and hasn't felt , i look an ABC correction Wave.
A and C buying Spots.
Note: Daily Chart (For 10-15 days)
My wishes and toughts
Not financial advice.
Alt-Coin Market Cap FractalsOn the right we have the larger ABC correction, with wave 2 of the next impulse retesting the B wave high.
On the left we have the wave 2 ABC enlarged, with an even smaller ABC playing out within wave 2 of the smaller impulse, also retesting the B wave high.
Seems like textbook fractals so far at least!
Weekend target of 56k possible for an ABC correctionThere looks to be a high possibility that bitcoin is currently in an ABC correction coming down from the current ATH.
As shown, A ended at ~59.5k with a 5 wave correction down and now we are an ABC correction (shown in green) for a larger B correction up.
I think from here bitcoin will fall back to the 61k region with a bounce to 64k to complete the B wave.
Note: A break of 59.5k would invalidate this and we would have to say Wave C down has begun with Wave B ending at 63.7k and have to find new potential targets and Wave counts.
Then after, 5 waves down to complete the C wave which shown by an estimation of a 1 to 1 retrace puts it near 56.5k.
As to the timing I use parabolic curves (I have found to be good at finding reversals) for the B wave ending on the 4H chart:
For the ending C wave:
This also suggests that it may drop to around 56k as there is a strong potential for support here as shown by the green horizontal line drawn in.
I would say most likely a bounce will happen in this area as long as it follows this path.
There currently is hidden bullish divergence on the 4H RSI which I believe to be playing out now and also a hidden bull is showing on the daily.
I believe for the daily RSI though there is potential to be a stronger hidden bull that will occur following this ABC correction
Yellow - Current Hidden Bullish Divergence
Green - Potential Hidden Bullish Divergence at the end of Wave C
To invalidate this being an ABC correction, or to say it already completed, it will need to break the current ATH, then I will need to reassess as to where the new target may be.
As to what this means overall for bitcoin I will wait and see as to what happens next.
If this is a B wave we're currently in I will like to see where it ends first. After that it would be more accurate to figure out where Wave C would end and then determine what count we are starting on the larger time frames (Weekly and up).
I will post more ideas to this and more about the idea of still seeing a new ATH in the near future and what the potential target(s) may be.
***Disclaimer: I am not a financial professional/expert and all ideas from me are all speculation based off of my own research. Please do your own research as well as I am not responsible for others when it comes to their financial decisions.***
Accumulation Phase is continuous After every Bitcoin's rise, we saw how much Fantom could be potential of accumulation.
New investors are coming to this market and Fantom has shown us its success in attracting new investors to its market.
In the technical analysis part, I showed one strong PRZs according to Robert Miner's system combining a price action support.
In my view, as a software engineer and also a crypto trader, FTM has too much potential because of its networking technology, It could compete with MATIC, LUNA, and even SOL.
By now, FTM has #33 position in CoinMarketCap.
1410 4H EURUSD BUY when it pull back to 1.156Hello traders,
EURUSD seems not good to open sell this week anymore even though it still stay bearish on wkly chart. Correction is possible to help it back to 1.1640
Wait for entry confirming signal later to setup buying order.
RISK LOWER THAN YOUR TOLERANCE:
Suggested Risk <5%
TARGET:1.1640-1.170
Your Real Entry Position Will Make Different RR for Your Trade.
Good luck!
LESS IS MORE!
GBPJPY. Short Possibility (Medium Risk/ High reward)hi dear traders.
For today we can watch GBPJPY, as it is about to complete a correction, which seems to be an ABC.
price has reached to a strong PRZ and also time factors has been satisfied. we can speculate that this correction is at its end and wait for a conformation to go short.
If price manages to hit its Trigger (few ticks lower than 153.663), we can enter a short position with MEDIUM risk. It is medium since there are no reliable Low swing near PRZ to put our Trigger under it. So it is vital to manage your position size according to the risk of this trade.
I'll answer to your questions.
have a good day.
