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Eliotwave

Long term BTCFrom the high 69k to Covid crash using the Fibonacci Retracement tools we can see that we hit the 0.786 (~17.7K) and bounced. If we use the Fibonacci levels on the waves up and down we can see some nice confluence in levels. The first wave down from 69k to ~32.9k has a fib extension 1.618 that lines up with the 0.886 level. 10k-11k range, the strongest support we can get on BTC. The first corrective wave i-ii fib extension was in confluence with the 0.786 level mentioned at the beginning. Now we are in the iii-iv wave and I'm not expecting this to go above 32k-33k this should become resistance. And then the final wave down to ~11k should start. If we get there we should also see some bearish divergences on the MACD histogram. A full reset to the 0.886. Now technically we never closed below the previous cycle high weekly close. Maybe this is not a 12345 Wave and this was a ABC correction. Then uptrend has resumed as the ABC finished. Looking at the BLX at previous corrections we can clearly see some contraction. 93.7%, 86%, 84%, but are we stopping at 74% ? A closer look
by CryptoSlots777
Is the correction finished?I think we are still in the possibility that this is all a triple correction and there is still a final drop according to Elliott. And by psychological analysis, after the waves of large liquefaction, it is necessary to give an answer to the market to suspend the small fish. It is illogical for the price to flow with that nonsense to rise directly without noticing large volumes. I have 3 possibilities to think of: 1- We will visit 18 thousand and we will go up because everyone will think that we are going down to 12 thousand, especially after the answer that the market has gained. 2- Not to stop within 18 thousand and penetrate it directly, I think because the price will not go down under 14 thousand, but the bottom cannot be expected before you saw the drop and its shape, so it remains talk. 3- This is a real bullishness and we missed the bottom. We are waiting for the end of wave 1 of the impulsive wave (I have not been able to draw any impulsive wave that supports this analysis). Please let us know what you think and what you think
Short
by seif2850
1
ANC Annalyse technique for next Wave Hello Everyone after First share annalyse i did i was too sure from it … like 99.99% in this annalyse i m sure too but like 80% all of that because of BTC annalyse is making every other coins hard to annalyse in my Opinion BTC will hit 23500 and dump again this is the small shot for ANS to hit at least 0.26 more than that it can hit 0.90 in short of time it depends on how long BTC Will stay in 23500 this is annalyse of me i m not going to tell you guys that I m A god and everything is correct so don't trade on my annalyse trade on your own annalyse i m here sharing my work and you compare it with yours and others to see where we at sometimes we don't count all the waves correctly. good look and trade safely. #WILDCAT
A
by alex27x27
4
JASMY - Learn how you can use Eliot in your analysisHere we see perfect Eliot waves and the question to ask yourself here is "Who will pay for the show?" As a lot of latecomers see those waves and hope to catch possible wave 5, I think it's very likely there won't be anymore impulses up and we will go down by squeezing and breaking down this local level. Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster. If you don't understand the previous sentence, just use swing stop-loss 3-5% Fix profit by parts: 1% - 1/3 2% - 1/3, stoploss to breakeven What's left, hold to the maximum What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Short
by Artem_Dishel
5
SAND/USDT Analysis ( Update )📈📉HEY, what's up Guys and Girls?! 📌Since 26 jan , 2022 that I've posted sandusdt analysis , it has followed the correction wave and exactly reached my target ( more than 80 % (1x-short ))🎯 . so today ,As you can see on the weekly timeframe for pair of SAND/USDT , it has been declining but recently reacted to pivot zone and jumped by more than 40 %, so if it maintain the current pivot zone , it can continue its rising at least to descending trendline as a dynamic resistance . but If I consider the Elliot wave theory , in my opinion, the recent correction waves isn't complete ABC waves in this point of view , and was only the A wave and I think it can fall again by reaching the black descending trendline( b wave ) or if it be able to breakout the descending trendline and reaches the resistance zone( b wave) , then it can fall again to finish the 3rd wave (c). which it means it can even loses the current pivot zone as a support in both scenarios and fall on the lower support , then at there it can start a new rally. ✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE! -------------------------------------------------------------------------------------------------------------------- 👉This analysis is my personal opinion ,not a financial advice ,so do your own research. 💜 if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
by PRO_SMART_Trader