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Elliottwaveanalyis

DOGEUSD 2021.05.10 Chart Analysis (Bullish)Many were shocked at the movement of DOGE last night during his appearance on SNL. However the markets hold true to a measure of human psychology. The SNL appearance of Elon Musk proved to be a catalyst for the market to rebalance below 0.47. Between May 5th and May 8th price for 4 days was completing a corrective Elliott Wave:c after having already pierced above the 0.67 to 0.73 Fibonacci 161.8 alternate price projection and 127.2 external retracement confluence, collecting liquidity to move lower towards 0.47 to rebalance in the area of an Elliott Wave:d. Should we see a bounce off of this area between 0.38 to 0.44 by the close of day, it is anticipated that price will continue to the upside to complete a full wave cycle at the 1.01 to 1.08 Fibonacci 261.8 and 2.0 Fibonacci zone Elliott Wave:e. ***Please do you own research as this is not trade advice.
BINANCE:DOGEUSDLong
by AsproTrader
Possible leg up in Elliott Wave count for BTCI just analyzed the run up from bitcoin in Elliott Wave theory and it was quite difficult to define the last correction, as it is somewhat vertical. But continuing the Elliott cycle, there is theoretically, also due to the subdivisions seen in lower capitals, only 2 types of correction possible: ABCDE or a complex WXYXZ. If we would stay in the 'not so nice' but validated symmetrical triangle, we would have a ABCDE with shortened D and E correctional wave. If not, we could have a longer horizontal continuation which would get out of the ascending parallel. In case we are clearly going down the large ascending parallel, my Elliott count is wrong, and the ratio in divisions and subdivisions isn't correct. Though the abc subdivisions of the last larger correctional wave is in my opinion a higher probability, they are just shortened in to time and thus hanging on a horizontal level, which indicates again the symmetrical triangle. Also we still have the larger inverted H&S preceding, with an outplay to 68 or 70K.. In white and visible wave, the first possible uptrend in a subdivision 12345 Elliott wave impulse.
COINBASE:BTCUSDLong
by Wolverinos
2
Elliott Wave Analysis by Wave FX USDCAD Target 1.2900Hi Traders, here is my analysis on GbpJpy. My method is based purely on Elliot Wave Principles and Price Action. I’ve added a Key to help you understand my POV on the current price action.
 Confirm Buy: (Once price breaks above, I will be looking for the bulls to control the market.) Confirm Sell: (Once price breaks below, I will be looking for the bears to control the market.) INVALIDATION (This means my analysis is incorrect and I need to revisit the drawing board)

Setup Invalid (market still developing or correcting) 

12345 ( Elliott 5 wave impulse cycle ABC (simple market corrections) WXY (Complex correction, 2 basic correction) WXYXZ (Complex correction; 2 or more simple or basic correction)

 Types of Correctional wave and their internal structure count: a-b-c
 Flat Correction (3-3-5) Irregular correction (3-3-5) ZigZag correction (5-3-5) a-b-c-d-e Triangles (3-3-3-3-3) 

I hope you find my analysis helpful. Please make sure that you are following your own strategy when placing trades. 
Your comment and feedback are appreciated.
Long
by wavefxacademy
Magic TA: The future is predicted magically!Earlier was the first to published an idea about BTC is not gonna break ATH 61800 at this point of time, instead will need a price correction before 72k! According to the observation of recent days, it is confirmed to be riding on the price correction wave. It would be a huge retracement according to the principle of elliott wave. However, after a while I've seen many analyser posted the similar chart. My philosophy is always "sell when people buy, buy when the others sell". Thanks to those who blindly buy (long) BTC at the peak of the hill, and so I'm getting extreme high funding fee from the trading platform on every 8 hours. ;) This may be the good timing for the newbie (especially those "smart traders" trying to "educate" me in a bad way) to understand, what's the real meaning "Do not chase ups and downs. Anyway, regardless long or short, debate / discussion with open-minded is always welcomed. Sincerely hope ALL OF US could make a fortune from crypto trading! Again, this is not a financial advises. I'm not a professional analyser, and I've started the trading for 2 months ONLY. :) It's my hobby to analyse the pattern so it would help in my development of automated pattern trading software.
Short
by spencerlim88
18