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Eliotwave

ENJUSDT will countinue up trendEnjin coin is in the third wave when you look daily chart (but it is not finished) Undoubtedly a new up trend will begin, but we are not sure whether the correction wave is over or not. I expect this correction wave goes up from one of the blue support boxes. EMA 50(daily chart) and EMA 200(4h chart) are shows the same area. There are three scenario which is shown with path lines. According to daily chart we can find two targets (pink boxes). 4h chart shows a continuing cycle which is going to start the fifth impulse wave. As you see, the 4h and daily targets are almost the same. and also the channel confirms us.
Long
by Reza_sgh
60000$ is the new target for BitcoinBitcoin is in the third wave of a cycle which is started form March 2020. But if we consider the last impulse wave which started from Sep 2020, it seems that the third and forth wave has been finished and the new impulse is expected. (the ending point of the forth wave can be easily fined by the help of retracement and extension fibonacci and also EMA50 which is shown with blue box) Therefore, 4h and daily chart are shown that BTC is started a new wave with short time and long time targets.
by Reza_sgh
#BLNK Acending Triangle - BLNK After a hard fake outsell off BLNK found support on a strong trendline creating a textbook acending traingle, or abcde correction looking like like i said a textbook traingle acbde following rules with E being a common fakeout. - Energy overall this year looks extremely bullish as well strong support with the EMA and the powerful Cloud long with a trendline. - As energy sector been correcting its been looking like signals of reversal here soon for a explosive move to the upside keep it on watch!
NASDAQ:BLNKLong
by Raulf-m
7
#CRSR Long?- CRSR looking like a nice long after making a long correction of lower lows. But also making higher highs, but leaving nasty fakeouts. - Its been holding support pretty good so far and its been bouncing of a strong trendline and fibs. - It might have also left a scot wick to the upside possibility being filled if we start to push up but it has left a weak supply zone that we should rip right through if we return to thouse levels once again. Overall bullish but if it breaks itrs trend of lower lows i would leave it alone as it then will become a risky trade.
NASDAQ:CRSRLong
by Raulf-m
4
#AMZN Is This The beginning of Amazon?- AMZN looking like an amzing falling wedge, I believe its done with its long abcde correction, as well bounced looking to be bouncing off the trendline here soon witht he fibs. - Not a strong confirmation as ER is around the corner and it can actually be the reason why it can actually can drop hard instead of following this bullish wave count. - ER should determine the direction of Amazon. - I am not too confident on this one i would like to as FAANG is looking extremely weak
NASDAQ:AMZNLong
by Raulf-m
2
BITCOIN update analysisHi traders, last week we saw expected push to the upside on bitcoin, but after that price made pullback again, which for me is showing that price isnt ready to push higher. So i i change my view a bit, i still expect that push to 27k area to complete that flag, since we have A-B wave at the moment, so we need third leg so complete this pattern. So as you see price is forming bearish price action. I already have one short posittion secured with be, from 34760 but i expect price to make bigger correction. So wait for price action to complete before selling! I will update below price action for better understanding! Stay patient!
BITSTAMP:BTCUSDShort
by KosirFX
2