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Elliotwaveanalysis

detailed important chart tells u why to buy AVAXin weekly chart can notice a breaking out of falling wedge pattern finally after more than 6 months.. the price now moving in huge ascending channel going to making new ATH in next few weeks.. u can see elliot wave in the chart and It's clear that elliot wave correction done one of the biggest coins in the market ... ranked 11th in terms of market cap (11.871B) it's on good support and suitable place to buy ... long term target is 200$ best regards ceciliones🎯
Long
by ceciliones
1
DOGE - Diagonal price action There are no guarantees in the markets, only probabilities. I see the following 2 short-term probabilities: On the 2-day timeframe we see an impulse structure. The fourth wave has already completed. According to Elliott Wave norms, it may go a little higher, but not significantly. The top could be the 0.174 EUR MAX mark. According to the principle, the fifth wave may update the troughs a bit, or stop near the end of the third wave. The horizontal volume profile gives a good guide - a range between ~0.077 and 0.06 EUR. A bit more globally, I view the whole structure as an Expanded End Diagonal formation. Therefore a strong reaction to EUR 0.47 is possible after the end of the 5th wave of the smaller degree, this is my base case scenario. Keep in mind, if you look at the picture on the 1D TF, the 5 way down structure is already completed! Also remember that Waves act simultaneously on ALL degrees. So there is another possibility - when this 5-wave pattern works out, a more global degree will take effect, so the price may fall deeper than 0.06 EUR !! :) The result, as always - there are not many probabilities - either UP or DOWN. So manage your risks and make fat profits !!!
CRYPTOCAP:DOGE
by dogecoin_chain
Seasonality and Elliottwave pattern show correction for SP500We saw SP500 breaking to new ATH this month, but then market sharply reversed which is not a surprise as index formed an ending diagonal at the top of the recent rise. These type of the patterns are very powerful, and can cause a strong "unexpected" erased of some of the previous gains. Well, we can see an impulsive reversal on smaller time frame, so be aware of more weakness and deeper correction this summer. Sesonality chart also shows that there can be period of consolidation before market resumes even higher, possibly in September when FED may cut, or during US ellections. Grega
CME_MINI:ESU2024
by ew-forecast
Vechain/Usdt h4We notice that the price has finished 3 impulse waves and the wave structure is not complete and lacks a final fifth wave. Now the price is in the fourth corrective wave that may reach the 50 Fibonacci levels of wave 3 since the second wave reached 61.8 Fibonacci. I do not think that the fourth wave may extend more than 50 percent Fibonacci. Therefore, at the 0.028000 area, we may see a strong price explosion upwards and the first target is 0.035000 and by breaking it, we may continue to 0.039960. I wish you success.
Long
by Abdelmalak
DOGE/USDT ELLIOT PRICE ACTIONHi guys, this is my overview for DOGE/USDT, feel free to check it and write your feedback in the comments👊 Some days ago, the price entered a falling channel, where it at once broke $0.10 level and fell to the support line. Next, the price bounced from this line and soon broke the $0.10 level again and made the false breakout with the Dragon Fly candlestick Sometime later, the price traded near the $ 0.011 level, and a not long time ago broke it, after which rose to the resistance line of the channel. Possibly, the price can Reach to a new high in about 100 days If this post is useful to you, you can support me with a like/boost and advice in the comments❤️
Long
by Wave3Hunter
#USDCAD expecting wave 3 of 5As can be seen, the price appears to be completing the first and second waves of wave 5. If we see a bullish breakout of our buy setup, we can assume that the 3rd wave is on its way. As a result, after that, any bearish retracement is a buying opportunity. This analysis is triggered once the price breaks above the previous high. Let me know if you would like me to publish an analysis in a lower timeframe on this chart to take advantage of this rally.
Long
by mohemati
MicroSrategy Shows Bullish Triangle-Brekout In ViewLooking at MicroStrategy, there is a very nice recovery from the 1190 area, but prices are not yet breaking out. Currently, there is some consolidation near the upper side of this contracting range around 1660, which could represent the upper levels for sub-wave D of a trinagle. Triangles are structured by a-b-c-d-e subwaves, so I assume that the price can still pullback a bit, and possibly fill the gap near 1400, from where I would be looking for the next move higher. GH
NASDAQ:MSTRLong
by ew-forecast
Nvidia is back in the Target Box and Headed to test $111.33I want to make something clear. I have kept a purple arrow on my Nvidia chart for sometime. Purple is the color I associate my secondary expectations, or sometimes referred to as alternative. Black is my primary. All that means is the pattern has more than one outcome given the current price action we have. In both cases, I expect price is to test the $111-$112 area, and that would be the normal area for a standard retracement. The precise price point of A=C for a measured move is $111.33. There we should soon afterwards get important answers as to whether we extend lower, or find a bottom and head to new highs. Chris
NASDAQ:NVDA
by maikisch
Charting with Elliott WavesUnderstanding how to do Technical Analysis of any chart based on Elliott Waves This analysis is for educational purposes only and should not be considered as trading advice. Multiple scenarios are possible in the real market, and there is a risk of being wrong. It is essential to consult with a financial advisor before making any trading or investment decisions. We are not responsible for any profits or losses incurred based on this analysis. Wave Rules: Wave 2 cannot retrace more than 100% of Wave 1. Wave 3 is never the shortest wave. Wave 4 should not overlap with Wave 1's price territory, except in diagonal triangles. Applying Elliott Wave Theory Elliott Wave Theory is a powerful tool for traders, but it requires practice and a deep understanding of market psychology. By analyzing wave patterns, degrees, and Fibonacci relationships, traders can gain insights into potential market trends and make informed trading decisions. It is important to combine Elliott Wave analysis with other technical indicators and risk management strategies to enhance the accuracy and reliability of market forecasts. Elliott Wave Theory provides a comprehensive framework for understanding market cycles and predicting price movements. By mastering its principles and applying them with discipline, traders can enhance their ability to navigate the financial markets and capitalize on emerging trends. Let's understand study of this chart Current Wave Structure Primary Wave Count: - The chart illustrates a completed five-wave impulse sequence (1-2-3-4-5) followed by a corrective phase. - The primary impulse wave (labeled in red) has completed its cycle, marked by a significant peak at Wave 5. - The subsequent corrective wave (labeled in blue as (4)) has also completed, indicating a potential beginning of a new impulse sequence. Subwave Count: - The internal structure of the primary waves shows clear subwaves, especially within the third wave, which is typically the strongest and longest. - The chart depicts detailed labeling of smaller degree waves (i-ii-iii-iv-v), ensuring adherence to Elliott Wave principles. Recent Breakout Analysis Breakout Confirmation: - Recently, the price has broken out from a consolidation zone, supported by increased trading volumes. This is a positive sign indicating strong market interest and momentum. - The breakout occurred after the price retested the previous resistance level, which now acts as a support. This successful retest enhances the credibility of the breakout. Future Projections Impulsive Bias: - Based on the wave structure, the stock appears to be in the early stages of a new impulse wave. This suggests a bullish outlook with potential for significant upward movement. - The immediate target for this impulse wave is the 1.618 Fibonacci extension level at INR 2,976.60, aligning with typical Elliott Wave projections for Wave 3. Invalidation Level: - The nearest invalidation level for this bullish scenario is marked at INR 1,651.40. A break below this level would suggest a re-evaluation of the wave count and the current bullish bias. Conclusion The technical analysis of Dalmia Bharat Ltd. indicates a favorable outlook for continued upward movement, supported by a clear Elliott Wave structure and recent breakout confirmation with good volume. However, traders should monitor the invalidation level closely. I am not Sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Hope this post is helpful to community Thanks RK💕 Disclaimer and Risk Warning. The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
NSE:DALBHARATEducation
by RK_Chaarts