Bitcoin’s Elliott Wave Journey to the End of 2024Bitcoin began its upward movement on August 5, 2024, at a low of $49,000, reaching a high of $65,200 on August 25, 2024. This marks the first impulsive wave in the Elliott Wave structure. 🔼
Afterward, the market entered a corrective phase, reaching a low of $52,400 on September 6, 2024, signaling a brief pause in the bullish trend. 🛑
Now, the third wave has started, which is typically the strongest and longest wave in a bullish trend. It is expected to extend to a price range of $100,000 to $110,000. 📈
Within this deep wave, two additional sub-waves are forming, adding complexity to the movement. These could keep Bitcoin on its upward trajectory through the end of December 2024 or into the first week of January 2025. 🌀
Ultimately, the fifth wave is projected to end around $130,000, signaling the possible start of a new corrective phase. ⏳
Eliotwave
AUD/CHF Elliott Wave Update: Eyeing Further DowntrendIn this analysis of the AUD/CHF pair, we delve into the corrective phases of the Elliott Wave theory, focusing specifically on the formation of Wave C. The chart shows a clear completion of Wave B, and we are now observing the development of Wave C, which suggests a potential bearish move towards the 1.618 Fibonacci extension of Wave A, located around 0.577.
Cardano WXY In Primary 2Cardano (ADA) is currently in a WXY (double zig-zag) in primary 2 which looks to take the price down to dangerous lows. The WXY is comprised of a zig-zag, expanded flat, and a zig-zag. The 1.618 extension of W gives us a price target of 0.02036 while the trend-based fibonnaci extension of AB in Y gives us price targets of 61.8 at 0.68USD 100.00 at 0.33USD, and 123.6 at 0.11USD.
DXY Formed Falling Wedge Pattern. (Swing Setup)Looking for Impulse Up.
DXY moving up with continuation pattern. It completed 5 legs too. It's important to have your own rules on RR and adhere to them. This trading idea is intended to assist you and enhance your knowledge. If you have any questions, please ask me in the comments.
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MTF WAVE indicator Case study on $ALICECase study for the MTF Wave showing all entries and phases in a clear way.
Make sure to compare the ideal MTF Wave concept with the actual MTF Wave indicator below the chart to compare the wave start, short and long entries, as well as different wave phases and how they correspond to Price action.
This one geared up while showing the perfect Fake Down (large gap between gray and blue) right at the support retest after initial breakout, followed by a 116% run so far!
Price and time analysis of Solana, Structure of Wave BHello dear friends, I hope you're doing well.
As you can see, Wave A has completed, and we're now inside Wave B.
The structure of Wave B closely resembles Wave 4, with the difference being a throw-over.
Typically, it moves within a pattern like a triangle or a sideways range.
In this wave, the likelihood of a fake breakout is high.
Essentially, it's a wave of deception. I hope you find this beneficial.
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(As you can see, in Wave 4, the price moves within a triangle or sideway.)
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Time analysis:
March 30th is a very important day.
The period until April 13th is likely to be the last bearish days for Solana.
I take a short position from 190$ area.
My final target is 120~110.
I'd be happy to share your opinion with me. Your likes, follows, and comments give me energy.
Complete analysis of TON💎Hello dear friends, I hope you're all doing well.
As you can see on the chart, after nearly two years of sideways movement, TON has broken resistance, experienced a pullback, and grown by 70%.
Now, where might TON's growth go from here?
Given the highly professional team and the billion users of Telegram, the mid-term target for this coin is likely $20.
What's the reason behind this?
There's a pattern in the market that has repeated in some well-known coins.
1. Matic:
Almost two years of sideways movement and a 47,000% adventure.
After breaking the resistance and pullback, it hit the $2.7 target in 109 days.
2. CHZ: Sideways for 17 months and a 25,000% movement.
After breaking the resistance and pullback, it hit the 87-cent target in 56 days.
In my opinion, TON has built such a strong ecosystem that its own significant movement will begin sooner or later. For example, the creation of the NOTCOIN project has introduced millions of people to TON's capabilities, and sooner or later, it will be listed on exchanges as Telegram's meme coin.
Time analysis:
The first significant timeframe is from April 15th to April 29th.
We are likely to witness the listing of NOTCOIN on exchanges during this period.
The second significant timeframe is from September 12th to September 24th.
This period may involve potential downturns.
The only reason that can stop a 25,000% wave is the high number of tokens (5 billion).
I'd be happy to share your opinion with me. Your likes, follows, and comments give me energy.
SIUE, Oy Vey!It looks like the end of lil' Siu's rampant growth is coming.
This little beauty studied well and pleased the teachers with her growth, but everything comes to an end and the holidays begin
- And we will witness the manifestation of her dark side -
It will be a hike down the social ladder for her - swashbuckling parties of wave A, a little respite in wave B and the last fall in wave C (I'm even a little jealous). A similar thing happened to Thomas Henry (Oscar Wilde)
Look at the chart, friends - I marked the ALT account in YELLOW, but GREEN movement is a priority.
Since wave 3 has been extended by as wave 5, the end of the correction may come in wave 2 of (3)
Green box - ist a SUGGESTION, I will update if I like :)
Buuuugh
ANYWAY
tap da rocket if u understand thy idea or just what I wrote
GOLD in Coming Days!!!Hi.
TVC:GOLD
✅Today, I want to analyze GOLD for you in a DAILY time frame so that we can have a Short-term view of GOLD regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
As you can see, the price is in an ascending channel, the price in the channel has completed its five ascending waves and also the descending wave, as you can see, the price has now started its five ascending waves and the important points in the chart are clear. The price can easily increase up to $2300.
✅ Due to the Ascending structure of the chart...
🟢 High potential areas are clear in the chart.
➡️ Note if the PRZ is broken downwards with the strength of Bearish candles or , this analysis of ours will be failed.
Stay awesome my friends.
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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!!
stor je vue update 29jan24Hi folkz!
just a lil update coz local picture has changed (global - not) and I still try to figure out what structore STORJ is showin' us. Honestly - I dunno coz Wave (3) iz ugly.
NEVA DA LEZ
I think that Wave (B) iz complete (BUT we have no Divergence though and it can go up a lil more) and we are ready to dive.
PREPARE TO DIVE!! - do u know that movie (down periscope) - I recommend it to watch :)
SOO... be careful and safe. and loved
XAUUSD Collection When? 08.03.2024Nowadays, Gold already All time high and we don't have any Supply Zone.
Still go up with Strong Buy Momentum, Non-farm will action somethings at today evenings
So, i planning to follow trend because it' ours best friends for all investors.
This price right now, quite risky i need it does correction but .... HAHA (Look at Chart)
I will wait after non-farm news and focus what it does.
If still keep go up maybe action Buy/Long and use Trailing Stop to help me about risky.
.
.
Hope this can help you guys for trading analysis.
Thanks you
The Bullish Case for GTAI ! A Comprehensive Analysis!!!Hi.
KUCOIN:GTAIUSDT
✅Today, I want to analyze GTAI for you in a 9H time frame so that we can have a Short-term view of GTAI regarding the technical analysis. (Please ✌️ respectfully ✌️share if you have a different opinion from me or other analysts).
CHART IS SPEAKING IT SELF
Currently, there are two scenarios, one is that the price is in an ascending triangle, and if it succeeds in breaking it, the price will grow well. Second, if the price fails to break the triangle, considering that the price is at the top of the channel, the price can fall to the bottom of the channel.
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
- Ascending Triangle
- AB=CD
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅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!!
FTT update 04feb24SOOO... it iz a great manipulation through da newz, its so unhonest imo, bot it workz.
price goez down (and I lost some also, damn) and we are now in buyin' area.
Consider the structure, I can count two optionz:
FIRST iz a red numbaz, AKAI in japanese :) diagonal+WXY+diagonal\impulse. Its not looks like an Impulse, so I suggest Endin' Diagonal.
SECOND iz yellow and backup variant, zigzag with Triangle (in that way I need to recount Wave (A), but its possible to make an multiple ZIGZAG there.
thrid also iz here, az always - its a scam and we all die) but I hardly doubt it.
OH YEAH BTW - coz Wave (3) was extended, correction till Wave 4.of.(1) iz possible (green line)
AND yeaa -we need some divergence on high timeframe (4h+) to be sure that option 3 will not work :)
VIP INDUSTRIES CHARTTechnical Analysis of VIP Industries Chart: Wave Sequence and Current Outlook
This research provides a concise overview of the wave sequence observed in the chart of VIP Industries. The analysis covers four waves, detailing their completion points and current status, with a focus on the ongoing Wave 4. The possibility of an "abcde" pattern formation within Wave 4 is highlighted, indicating potential reversal points around the 480-490 level, corresponding to 38.2% of the Wave 3 upward movement. It is crucial to note that the author is not a SEBI registered analyst, and readers are advised to consult their financial advisors for investment-related inquiries.
Key Points:
Wave Sequence Overview:
Wave 1 completed at 36 on 19 Sep 2005.
Wave 2 completed around 7/- in Mar 2009.
Wave 3 completed around 775 in Apr 2022.
Current Status - Wave 4:
Wave 4 is currently in progress.
The possibility of an abcde pattern is suggested.
Anticipated reversal level: 480-490, representing 38.2% of the Wave 3 upward movement.
Important Disclaimer:
The author is not a SEBI registered analyst.
Readers are advised to consult their financial advisors for investment-related
Warm regards
GbpUsd formed a Wedge pattern(Rising Wedge)Looking for Impulse Down.
GbpUsd moving down soon.It is on retracement now. You should look for entry on lower Time Frame. GU formed a bearish rising wedge pattern to fall. It's important to have your own rules on RR and adhere to them. This trading idea is intended to assist you and enhance your knowledge. If you have any questions, please ask me in the comments.
Learn & Earn!
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