Elliottwaveanalyis
ARBUSDT Elliott wave countArbitrum sitting on 0.618 fib retracement of wave ((i)) or ((a)) and support of previous low from 0.7390.
Wave ((ii)) or ((b)) an expanded flat correction with wave (c) a 5 waves decline from 2.4250 to 0.7333 that broke below previous low 0.7390.
At this level we are watching for evidences for a possible shift to the upside as oscillators are showing bullish divergence and trend to the downside is showing weakness.
Price must clear 0.9984 and 1.2754 in 5 waves for a wave (i) of ((iii)) or ((c))).
We will post updates soon with an intraday count.
Hit the like button if you like my analysis and follow me for future updates and intraday count!
Good luck!
MATICUSD Elliott wave countPolygon must not break below 0.4926 level to keep this count valid with a 4th wave triangle or a more bullish count with 12 12 and both wave 2 flat corrections.
Above 0.4926 and clearing 0.7587 we are looking to the upside with target above 5 USD.
Also we see divergence on oscillators that may signal a shift to the upside.
KNCUSD Elliott wave countKyber network looking good with a lot of accumulation, more than 1.6 years, above 0.618 fib retracement.
You see here how good are Fibonacci levels acting like support and resistance.
Above 0.4644 and clearing 0.8157 we are looking to the upside.
We will post updates soon with an intraday count.
Hit the like button if you like my analysis and follow me for future updates and intraday count!
Good luck!
TRXUSDT Elliott wave countAbove 0.10475 we are looking to the upside for wave ((5)).
Equality between waves ((1)) and ((3)) could signal an extended wave ((5)).
From the guidelines of alternations, wave ((2)) a running flat correction may signal wave ((4)) ended as a zigzag correction.
Price bounced into the 0.382 fib retracement as usually a wave 4 do it.
Log scale used!!
Elliott Wave Modern Analysis: Major Bullish Trends Unveiled!Hello traders! 📈✨ Today, we're diving into a comprehensive Elliott Wave Modern analysis on the DOGEUSD weekly chart (W1). With our two-window setup, we are comparing the current market behavior with a historical bullish trend from December 14, 2020, to May 3, 2021. Let's break it down:
Right Window Analysis:
Period: December 14, 2020 - May 3, 2021
Market Behavior: During this period, DOGEUSD exhibited a massive bullish trend forming an ABC flat pattern.
Key Levels:
Wave A: $0.4530, representing a 500% increase from a lower degree abc Zigzag (marked in grey).
Left Window Analysis:
Current Status: The market is currently forming the early stages of a three-wave pattern (a:3 & b:3).
Future Projection:
- If history repeats, we might see wave c:5 with a potential 500% increase, targeting $0.7992 from the height of a:3.
- Current Price: $0.1650
- Target: Watch for the first major peak around $0.7992!
🚨 Get ready for a potential bullish surge in DOGEUSD! 🚨 With these insights, we could be on the brink of another significant move. Stay tuned and trade wisely! 🚀💸
🔗 Follow for more updates and detailed analyses! 📊📌
#ElliottWaveModern #CryptoAnalysis #DOGEUSD #TechnicalAnalysis #BullishTrends #CryptoTrading #TradingView 🚀📈🌊
ETHUSD Elliott wave countThe equality between waves 1 and 3 (blue count) in conjunction with the ETF approval for Ethereum, we can expect an extended wave 5 with a target equal to waves 1+3, the yellow Fibonacci projection, respectively the 7560 area.
The price breaks 3726.79 level and the near term resistance levels will be 4091.67 and the TOP 4867.81