FTM/USDT#FTM is trying to break the white resistances line (the strong rectangle); If it does and turned it to support, that would be very bullish.
I think it will back to 0.38$ and will rise again to its big target.
B-wave
"XRP to the moon!" - they say...Within a couple of months, I watch over this chart. And wait a lot this diagonal structure. Now, I hope, that the nearest big drop put dots in places.
It's too much happy news around Ripple. This can't be so clean and simple.
Get ready to buy XRP much lower, than it is now!
ALGO/USDT#ALGO rise perfectly till the middle of the descending parallel channel, I think that it will consolidate some days at this level then will break up and rise to the up line of the channel.
Compound next price targetAfter correcting above the trendline 525. Price will first either either correct to 600usd. If this happens several possibilities will unfold. 1st a 3-wave pattern triangle might form to quickly give d market a push above 600, then straight way to next target. 2nd, if by chance it fails due insufficient liquidity, might descend to form an ascending channel of 3-5wave pattern, a rectangle of which a breakout will terminate the pattern to move to target. Lastly price moves so fast to target, it's gonna need a lot of bullish pressure to keep it above target of which if d buy orders keep on limiting will result in a mini crash to complete d correction it suppose to have done at 525. This will bring us to the beginning of a new market pattern of descending triangle between target and breakout of which may be continuous or discontinued by a divergence leading to another Elliot wave case event. In summary, a breakout candle is okay to which a bare correction will be needed to satisfy Elliot wave be heading to target. A slight correction is better which will move price to target and leading higher price target.
Gold midterm target is $ 2025Hey Guys,
as always: Everything relevant is attached on my Chart. I expect some bearish downside pressure by beginning of the Week, followed by a strong move up.
Monthly perspective, this pair must push up for wave 5the retest has been completed (check D1 to c clear) we have double bottom plus bullish engulfing (check D1 for bullish engulfing)
WAVES - Don't Miss This 2/3x Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow.
WAVES is sitting around a strong demand zone and round number 10.0 so we will be looking for buy setups.
on DAILY: WAVES formed a double bottom pattern but it is not ready to go yet.
Before we buy, we want the buyers to prove that they are taking over again.
You don't want to buy a bearish market right?
Trigger => Waiting for a momentum candle close above the gray neckline to buy.
Meanwhile, until the buy is activated, WAVES would be overall bearish can still trade lower till the 10.0 before going up.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Godrejcp - Bearish Crab 🦀 and WolfewaveGodrejcp has bearish crab at weekly TF and wolfewave on daily . Shark in progress,forecast as target...
AAVE/USDT#AAVE broke the resistance line, i think it's good opportunity for make long position on it.
Dangerous crossingHard time getting past the resistance line.
Two possibilities:
- If price moves down after this ABC wave then the corrective move is not over yet (Meaning we haven't seen the bottom).
- If this ABC turns into an impulsive 5-wave then price can try for new ATH later. Needs to break resistance line soon for that to happen.
Be careful.
bearish wolfe wave BTCUSD Bybit I see a bearish wolfe wave at bitcon.
The Gundstruktur stands already, we have the High-Low-HH and HL, in the overbought area we were also already and have respected the limit for now.
In addition (not to be seen on the chart) we are in a strong resistance zone.
For more than 80 days, we are in a range after the big sell off in mid-May.
I doubt that we will break out of this without pullback to the top.
The target would be matching the middle of the range.
Definitely worth a trade.
Glenmark - Deep Crab and Bearish WolfewaveGlenmark at prz of Deep crab and also forming bearish wolfe wave. Target on chart...
ETHUSD I'm watching out for this. I've recently been studying elliot wave theory.
This looks interesting to me.
Bullish Wolfe Wave CADJPY All the prerequisites of a WW are there.
Possible entries are marked in green. The 1.618 + 2.168 FIB level.
The wavereader is in short mode, rightly so, however I think that if it gives us a take profit signal of the short signal, together with the WW we have a good trading opportunity
RIOT: Trendy Wyckoff Theory AnalysisI've plotted Wyckoff Theory over RIOT. I feel we are currently in Phase E.
