ETH to $25K - No Joke - BUY & HODLEthereum is at levels not seen since the Crypto Stone Age.
The Crypto Markets will start BOOMING!
ETH ( ETHUSD , ETHUSDT , ETHEUR ) is getting ready to go Bullish.
When? Early '23.
The Fibonacci Time Zones and Cycles tell me that the 3rd Fibonacci Summation is NOW.
So, I reckon Cryptos are getting ready for something BIG.
I do see a last drop before that though.
From Jan '18 until Dec '18 ETH had a whooping 94% crash.
We're only at 82% from Nov '21 top. So I am waiting with buying interest for a much better level.
I am buying big dips, adding value.
If you look at the Ellipse, Ethereum is doing the same pattern it did on the previous Bear Market.
Hmmm...
I've decided on my best BUY level: $550 .
Technical Analysis:
* Elliott Wave A-B-C Pattern
* Jan '18 - Dec '18 Fractal Sequence
* 88.6% Fibonacci Retracement
* Harmonic Pattern: Bullish Cypher
* Fibonacci Extensions Confluence
* Bullish Divergence
* Demand Zone
What more do you need?
Oh yeah, a much better price. :D
We went to the Moon, now let's go to Mars!
Bullish Divergence
Bitcoin BTC to $250K - BUY & HODLBitcoin went to the Moon with Dec '17 top.
Then it corrected 88.6% on the Fibonacci Retracement with Dec '18 bottom.
After that it went to Mars and hit the tops again in Nov '21.
It was a 2000% gain.
What can you tell from this?
Percentage-wise, Correction is lower than the gain.
So, the Dominant Trend for BTCUSD is UP!
OK, back to Earth.
Let's gather fuel and power-up the rocket.
Time to go Interstellar.
Before I go into the technical stuff, allow me to keep things simple for you.
I took the liberty and measured the BTC Cycles.
But you don't need to worry about that, just follow my lead!
I used a fancy tool called Fibonacci Time Zones.
This tells me roughly when the next Bullish Cycle for Bitcoin will start.
We are on the 5th Fibonacci Summation milestone, and another 2000% gain is destined to commence.
When?
Early '23 , like all other Cryptocurrencies.
What's the level?
My ultimate levels are: 10K & 7.5K .
I will buy more there.
I will HODL for the long-term because I know it's a waiting game.
Now you have what you came for: when & where.
You can go ahead and open the next idea. :)
Thank you and you're welcome.
But if you capable of digesting what's to come below, then I put my hat down...
Bitcoin ( BTCUSD , BTCUSDT , BTCBUSD ) Technical Analysis:
* Elliott Wave Cycle: Complete V Cycle Degree (white)
* A-B-C Elliott Wave Correction (red)
* Ending Diagonal in Cycle C (red)
* Harmonic Pattern: Cypher
* 88.6% Fibonacci Retracement
* 161.8% (Golden Ratio) Fibonacci Extension
* Bullish Divergence
* Dominant Trend Line (turquoise dotted)
* Demand Zone
* Fractal Pattern
If you get all this without a headache then you're a legend!
The Aug '15 to Dec '17 is what I'm expecting, and it's a BIG one.
Good luck my fellow HODLer..
Thanks for the like,
Richard, the Wave Jedi.
GBPUSD Trade PlanChart shows a bullish divergence between price and RSI, alongside an inverse head and shoulders pattern, indicating a potential bullish reversal.
The trade setup suggests a buy stop above the neckline at 1.27268, with a stop loss at 1.25861 (below the lower low).
Profit targets are TP1 at 1.28680 (first resistance) and TP2 at 1.30080 (higher resistance).
Ensure confirmation with a strong breakout above the neckline.
Partial profits can be taken at TP1, moving the stop loss to breakeven for a risk-free trade.
If the price closes below 1.25861, the setup is invalidated, and no entry should be made.
CXW Inverse Head and Shoulder + Bullish Divergence!Hey Folks!
Not a fundamental analysis or financial advice, but trading idea on why it could do well in the coming months and beyond. I have discovered a technical repeat pattern in this one. I first found this stock after Trump made his statement regarding large deportations if elected. So naturally I look up prison stocks lol.
I made a nice trade on it last time it dipped and reversed, and I want to bring it to everyone's attention.
The overall pattern is shaping up nicely for a big move, a long election season is approaching border security will be a big deal and Core Civic will benefit in form of major government contracts, especially if Trump gets re-elected, even Biden might get pressured to crack down on border security.
From the company, I'd like to see a new fundamental catalyst to capitalize on this bullish setup.
Happy Trading!
OnePath
Educational post BTC bullish divergence.You need to use RSI indicator. That's how I spotted the reversal.
Bullish divergence.
Bullish divergence happens when the price makes lower lows, but an indicator (like RSI or MACD) makes higher lows, suggesting weakening downward momentum and a potential upward reversal.
EURUSD ChartEURUSD Chart
The pair is in Bearish Trend Forming series of LL's & LH's. On RSI there is Bullish divergence and also Bullish reversal Pattern of Double bottom. Will wait for BOS If the LH (1.09560) breakout then take buy trade SL on (1.08960).
Do your own research before taking the Trade.
BTC reversal soon??Divergences between price and RSI can often show that a trend is coming to an end and a new one is beginning. In this case we can see that RSI on the 4H timeframe hit the oversold zone, and has been steadily climbing out of it ever since. However, we can see that price has continued making lower lows and lower highs... The price and the oscillator are out of phase and in this case as RSI grows larger but price continues to drop it's a bullish divergence signal and this suggests a trend shift from bearish to bullish.
Divergences are not perfect, no indicator is but this can be paired up with other signals for confluence, RSI being at the oversold zone is a good indicator that the bulk of the move is done, especially now that RSI has climbed out of it. The green box is showing a bullish orderblock, all 3 wicks have bounced off this zone and therefor suggests support also.
My feeling is that geopolitical worries have shaken the traditional markets and that uncertainty has spilt over into crypto, fundamental influences will effect the charts no matter how good the technical analysis may be. If we weather this storm and the situation doesn't escalate the TA suggests the worst has been and gone.
EGLD Outlook after the Dip. What to expect NOW ?BINANCE:EGLDUSDT
EGLDUSDT is forming a falling wedge on Daily timeframe , Up we go if we do breakout.
According to Elliott's theory, the double combo waves have ended and it means that the price can increase.
Also a bullish Divergence (RD+) on MACD which shows Positive Signs for EGLD.
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Nano [XNO] bullish divergenceNano is showing bullish divergence on a higher timeframe. My expectation is that downtrend which started since ATH will be reversed soon. Similar bullish divergance pattern appeared with previous bullrun when and BINANCE:XNOBTC pair gained about 500%. Price action since ATH seems corrective (three wave move), which indicates a new impulsive wave could exceed ATH.
NOTHING !!KUCOIN:GTAIUSDT
The price is in a megaphone, and now the price is on the bottom of Megaphone, and this means that the price can grow to the top of the megaphone. Also bullish divergence increases the chance of this signal.
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Nvidia : Learning from the pastNASDAQ:NVDA
Looking at the past is easy, but learning from it is easier.
Let's get listed the points.
1. Breakout of trendline on 24Jan23, that started
on 19Nov21, confirmed on 29Mar22;
2. Bullish divergence started in Sep22 and
confirmed in mid Oct22;
3. No lower low after 13Oct22;
4. Breakout of previous lower high of 13Dec22 on
24Jan23 (which happened to be breakout
of Trendline as well.
Polyplex Corp: Analyzing Wave (5) Projection and SupportTechnical Analysis of Polyplex Corporation Ltd.
Elliott Wave Counts and Structure
The chart illustrates a possible Elliott Wave count on a weekly time frame, identifying key waves and corrective patterns. Here’s a detailed breakdown:
1. Primary Wave Structure:
- The chart shows an unfolding five-wave impulsive structure, with Waves (1) through (4) completed, indicating a bullish phase followed by corrective waves.
- Wave (1) is observed in November 2010, and Wave (2) is identified around September 2013.
- Wave (3) peaks significantly higher than Wave (1), indicating a strong bullish phase, and completes near April 2022.
- Waves 1, 2, 3, 4, and 5 within Wave (3) are clearly marked, showing the internal structure of this impulsive wave.
2. Corrective Waves:
- After the peak of Wave (3), the chart illustrates a complex corrective pattern labeled as W-X-Y-X-Z.
- This correction appears to end at Wave (4), indicating the start of a new potential impulsive wave (Wave (5)).
- The corrective waves show significant price declines, characteristic of Elliott Wave corrections.
3. Current Scenario and Target:
- The current price action suggests the initiation of Wave (5).
- The target for Wave (5) is projected to be above the high of Wave (3), which is near 2880 INR.
- An upward arrow indicates the bullish outlook, projecting the price towards this target level.
4. Invalidation Level:
- An invalidation level is marked at 751. If the price falls below this level, the current Elliott Wave count and bullish scenario would be invalidated.
- This level acts as a critical support, below which the wave count may need to be re-evaluated.
Summary and Considerations
- Bullish Outlook: The primary analysis suggests a bullish wave (Wave (5)) is underway, targeting levels above the previous high of 2880.
- Key Support: The invalidation level at 751 is crucial for maintaining the bullish scenario.
- Risks: As noted in the disclaimer, Elliott Wave Theory involves multiple possibilities and inherent risks. It's important to consider this analysis as one potential scenario.
Investors and traders should consult with financial advisors and consider broader market conditions, as well as other technical indicators, before making investment decisions based on this analysis.
This analysis provides an educational perspective on using Elliott Wave Theory for Polyplex Corporation Ltd. and highlights the importance of monitoring critical price levels to validate the wave counts.
I am not Sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.