Elliott Wave
BTC complex waveActually it took me a lot of time to reveal this hypothesis.
In my opinion, we are in a very complex correction that the price hesitates below a very important downtrend line that prevent the price to go to the sky.
I can count some waves and expect that the price is going down a little bit to 66,600 and then start a small impulse, wave c of wave (X).
so you can trade this small bullish wave and be careful of the (Y) impulse that may go down to significant value.
What I have to say, be careful and always use your own risk management strategy.
Good Luck
Vertex Pharmaceuticals (VRTX) | Chart & Forecast SummaryRight Here You Can See Vertex Pharmaceuticals Incorporated (VRTX) Registered As (VRTX) On The New York Stock Exchange, Vertex Pharmaceuticals Incorporated Is An American Biopharmaceutical Company Based In Boston, Massachusetts.
The Following Chart & Forecast Summary On Vertex Pharmaceuticals Incorporated (VRTX) Has been Subject On
Key Indicators on A Trade Set Up in General Like A
1. A Push Set Up
2. A Range Set up
3. And A Break & Retest Set Up
Overall Conclusion | Like The Trade Plan Execution & Risk Management on Demand It Tells Us
"Long Bias For Now"
GRT D Bear Flag
Downside correction is persistently driving prices lower, and there are no signs of it ending soon.
Price has formed a bear flag, and although it has not been breached, it is highly likely to break, for a continuation of the downward trend.
The absence of bullish RSI divergence reinforces the likelihood of further declines, supporting a bearish outlook.
LayerZEROCSE:ZRO is a new coin that doesn't have many previous data.
Generally, I expect a decline to the green demand area. Although, I expect it to have a good buying opportunity from there @ $2.65 with a stop-loss at the lowest bottom.
Passing the green lines above is considered cancellation of the idea.
If it breaks the ATL, a re-evaluation will be needed.
A bit more upside for BitcoinHi traders,
It looks like the wavecount for the extended wave 5 (red) is invalidated. So I go with the analysis of an ending (or leading) diagonal. Last week Bitcoin started a correction down (wave 4 orange). This looks like a triangle is in the making.
So after the finish of the correction down we could see another upmove for wave 5 (orange).
Let's see what the market does and react.
Trade idea: Wait for the bigger correction down to finish (ideally into the Daily FVG), a change in orderflow to bullish again and after a small correction down on a lower timeframe you could trade longs.
If you want to learn more about my analysis, please make sure to follow me, give a like and respectful comment.
This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals.
Don't be emotional, just trade!
Eduwave
Little more upside for goldHi traders,
Last week XAUUSD did exactly what I've said in my outlook. After a small correction it continued up again.
For next week we could see the continuation of the leg up to finish the impulsive leg wave 3 (blue).
Let's see what price does and react.
Trade idea: Wait for a (small) correction down on a lower timeframe to trade (short term) longs.
If you want to learn more about trading with ICT/ SMC concepts and wave analysis, please make sure to follow me, give a like and respectful comment.
This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals.
Don't be emotional, just trade!
Eduwave
SPX500USD could go up some moreHi traders,
Last week SPX500USD dropped into the Daily FVG and slowly went up again.
I think next week we could see the last leg up to finish wave 5.
Trade idea: Wait for a change in orderflow to bullish and a correction down on a lower timeframe to trade (short term) longs.
If you want to learn more about wave analysis, please make sure to follow me, give a like and respectful comment.
This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals.
Don't be emotional, just trade!
Eduwave
Still more downside for EUHi traders,
The momentum down for EU was too strong and the outlook last week was wrong. After this pair made a corrective upmove it started the next move down.
So for next week we could see more downside into the Daily FVG below.
Let's see what the market does and react.
Trade idea: Trade (short term) shorts after the finish of a correction up on a lower timeframe.
If you want to see more from my analysis, please make sure to follow me, give a like and respectful comment.
This shared post is only my point of view on what could be the next move in this pair based on my analysis. I do not provide signals.
Don't be emotional, just trade!
Eduwave
Bitcoin Elliott Wave possibilities. If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
The move from
69.5k looks 3 wave.
Ideal for Short-term bulls.
BUT, a single complete Zig Zag does not necessarily mean the correction is complete. Context could help.
Here are some possibilities I am considering if it is not complete atm.
Trade Safe,
Trade Clarity.
NIFTY50.....Note the open targets!Hello traders,
The hammer candle on Friday the 24th turned out to be a "failed" buy signal. The price touched the declining trend line on Monday's open and reversed (1 on our chart). In the following hours, the price fell below the support line and dropped to 24073.90 on Friday the 24th!
A possible wave a of 2 has been established here. There is still another open target area. As I wrote on the 16th, 23893 is a price area to reach! This area is marked with the rectangle.
It needs a break of the high at 25234 to give a fresh buy signal! The weekly total is also valid.
The NIFTY50 has risen since the 18837 area without a major correction. Sooner or later one will come. The longer it takes, the steeper the correction will be!
For short term trading, we focus on the possible levels on the downside as well as the upside. For now, it looks more corrective and in case of the upcoming election @US the market will move with more patience and caution.
One note!
A "fresh (new)" update does not invalidate the older updates. Note the timeframes within the update. Goals and possibilities are still valid and need to be eliminated, so I welcome and wish your comments and remarks. I may not be able to answer them "just in time", sometimes I forget! I apologize for that! But I am an "after work" trader and analyst. My family also needs some time. Thanks for your understanding!
Have a great week .....
Ruebennase
Please ask or comment if necessary.
Trading based on this analysis is at your own risk.
BTC USDT valid ELliot wave analysis with wyckoff and trendlinei am new please share your opinion did i need some correction or this analysis is good?
each border color is telling 5 wave cycle and background green is motive and red is corrective waves. you can count in which wave we are with simply checking border color of box
$DOGS ARE GOING TO THE VET! IT TIME FOR A RELIEF PUSH DOWN :OBINANCE:DOGSUSDT.P
1. Wave Analysis
We are currently in a *B-wave down* based on Elliott Wave theory. The price rejections from key support and resistance zones confirm this.
Key Level: 0.0007176 was the major rejection point, signaling a move lower to form a "Lower High"
2. Trend Overview
- The downtrend started on **October 14, 2024**, resulting in a **-21% loss** from today's price.
- This is a memecoin, and despite the "Month of Memecoins," it's underperforming. **Not surprising**, as original projects often lose value when new competition arises.
3. Risk Factors
- "Be cautious." Price moves could be **fast and abrupt** due to political news, FOMO, and market sentiment.
- Altcoin correlation: When altcoins drop, they tend to fall together. Expect volatility across the board.
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( -_•)Entry Price: 0.0006862
❌🛑Stop Loss: 0.0007178
🪙Take Profit: 0.0006001
SOLUSDT 1H Elliott Wave Analysis with Projected ABC CorreIn this 1-hour analysis of SOLUSDT on Bitget, we observe a completed 5-wave impulse pattern based on Elliott Wave Theory. The chart suggests the formation of a corrective ABC pattern:
Wave (5) reached a peak, indicating the end of the impulsive phase.
We now anticipate a corrective A-B-C sequence, with Wave (A) already forming and Wave (B) indicating a potential minor retracement before the continuation of Wave (C).
Traders should watch for further confirmation of the corrective pattern and consider potential entry points for both short-term and long-term opportunities based on the completion of the correction. Key levels and market reactions to these movements will be crucial in identifying the end of the correction and the beginning of the next potential impulse wave.
Feel free to share your thoughts and feedback on this analysis!
Bitcoin, rising wedge abcde patternRising wedge on btc, forming an abcde pattern (corrective). If it's corrective, then it's not impulsive, so I would expect a downturn searching the long term rising trendline (around the first weeks of November) to form a very extended ABC pattern from the 2024 highs.
If that trendline should fall, I would be very cautious due to the ferocity of the volatility spikes in this asset.