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Elliotwaveanalysis

Let's RIDE the oldman - it's safe and fun!YES I know that some of u are spoiled enough to think somethin' bawdy-obscene but Im decent and almost sinless (NO IM NOT) ;) ANYWAY Behold the fruits of the mental labors of the Lady of graphs, OLDSTER himself will bow to my analysis! (hysterical laugh) I think (and I know) that we are entering the era of wave 2 of major degreez, my greedy friendz AND AZ ITS an Endin' Diagonal, IT CAN HAVE A ZZ STRUCTURE ! Its SOO important as u can even imagine. THEREFORE we can't foreseen 1-3-5 structure, coz it iznt there! just ABC(containin' 1-3-5+bundle+1-3-5)-XWY-ABC-WXY-ABC! And it will be the Wave 5! TADAAA and BTW the zones that I have drawn correspond to the values where the price will go, you can use this as a roadmap AND AZ A REZULT OF THIS I'm putting forward my idea of BTC-usdt movement, I will update it, perhaps. Just remember and I please u: BOOST da button if u UNDERSTAND my idea. if u just like it - don't, just cloze it and do smthn' else. I know! if u like my ideaz - spare some coin so I can EAT some food :(
by zikkuratt
2
Nasdaq (NQ1): The Grand Finale!Nasdaq (NQ1): CME_MINI:NQ1! Examining the Nasdaq on the daily chart, it appears we may have indeed reached the final level of the potential primary scenario Wave 3 at the 461.8% extension, which is around $18,400. Now, we should be entering a Wave 4. If we continue to rise beyond this point, we might consider an alternative scenario where there is a bit more room to extend upward before developing Wave 5 as a Wave 5 extension, possibly around $19,500, marking our maximum in this scenario. Thus, there are two scenarios, but we primarily lean towards the scenario that we are currently experiencing Wave 3, not Wave 5. Consequently, we anticipate a downturn to at least $15,500 minimum, up to a maximum of $14,140, the subordinate Wave ((iv)) level. This is the maximum level we expect to reach with Wave 4. We should definitely see a stronger corrective movement downwards before the final impulsive Wave 5 ascends. If we begin to see the first signs of weakness, we will consider establishing short positions on shorter timeframes, but until then, we will wait and observe.
CME_MINI:NQ1!Short
by freeguy_by_wmc
Beyond the Horizon: Finally unleashing the Silver Revolution!Silver OANDA:XAGUSD Let's take a closer look at Silver , a precious metal known for its notable volatility compared to Gold. Initiating our count post the COVID fall, a swift Wave (1) movement unfolded, followed by an extensive Wave (2) correction featuring a Flat pattern and subsequently a Zigzag for Wave (2). The completion of Wave (2) occurred around $17.55, with the high of Wave (1) standing at $29.86. Subsequently, a somewhat peculiar Wave 1 emerged, set to conclude soon with a Wave 2. Zooming in from the daily to the 2-hour chart, after our minor Wave 1, we encounter a complex correction structure. This is anticipated to be an overarching Flat correction with Waves ((a)), ((b)), and ((c)). Notably, during Wave B, nearing $25.9, we approached nearly 100% of the Wave 1 level. Now, we are poised to observe the downward correction for the completion of Wave 2. As Wave ((a)) is formed by a Triangle, ((b)) is nearly exact the 100% level of wave 1, it's plausible that Wave ((c)) could similarly reach around 100% of level ((a)). Hence, projecting a retracement between 61.8% and 78.6%, we expect support between $20.75 and $19. This is the range where a potential rebound is anticipated.
OANDA:XAGUSDLong
by freeguy_by_wmc
1
Litecoin: consolidation in mid-term?Hi Traders! From a technical point of view, CRYPTOCAP:LTC could be very interesting for Day Traders who like to accumulate positions, in fact this is our strategy on this Crypto. Targets on daily time frames are very clear and simple: 102 (Target 1) and 130 (Target 2). The Trend on this Time frame is still bearish, and if the support around 56 area fails, a new bottom is possible before a price recovery, but if this happens it will be an interesting opportunity to add long positions. Trade with care Like | Share | Comment
BINANCE:LTCUSD.PLong
by TheAnonymousBanker
14
XRP: Harmonic Structure in play in mid-term?Hi Traders! In the long term the trend is still bearish especially on high time frames, but if we look at the intraday chart, from a technical point of view we do not exclude the formation of a bullish harmonic structure with potential Target 1 around 1.15 area and subsequently 1.40 area. Having said that, if we look at 8H chart, we see resistance area around 0.6983, but if the trend is bullish and our analysis is correct, after first touch and pullback, we expect an important breakout of it. Trade with care Like | Share | Comment
BINANCE:XRPUSDLong
by TheAnonymousBanker
2
Sandbox (SAND/USDT): Trend is still bullish, next Target?Hi Traders! From our point of view #SAND still remains very interesting for Investors and Day Traders . If we look at the 6H chart, we see that there is still room for appreciation in the short and medium term. From a technical point of view, the trend is still bullish on the daily chart and the next targets are around 0.9628 area and 1.40 area. That said, if our analysis is still correct, it is possible to continue accumulating long positions on the next corrective structure (pullback) that may appear on intraday time frame. In the next update that we will publish below, we will also try to show some interesting technical levels, but to do this we also need your support, a Like and a comment will be appreciated. INFO The Sandbox SANDUSD is a blockchain-based virtual world allowing users to create, build, buy and sell digital assets in the form of a game. By using the Ethereum blockchain, Sandbox ensures that players have true ownership of their assets, which can include anything from virtual plots of land to in-game characters. The native utility token of the platform is SAND, which serves multiple purposes such as a medium of exchange, governance through voting, staking, and rewarding players and creators. The platform's primary goal is to introduce blockchain technology into mainstream gaming, successfully bridging the gap between the virtual world and real-world ownership. In conclusion, this crypto still remains in our portfolios and we hope to be able to add more.
Long
by TheAnonymousBanker
Is there any upside potential for the main 2023 leader? NVDA demonstrated astonishing move for market-type stock, gaining more than +230% since Jan 2023. Is there any upside left in the mid-term? My analysis of the price structure suggest there at least on possibility for that in the mid-term, although... ... on Daily time-scale until price stays below 479 and Aug highs , I cannot rule out one more, potentially sharp and scary, move down to important mid-term support zone: 371-307 as per green count on the chart. Under this scenario, the price needs to find support in this area and start building the bottom and the right side of the base/cup. Alternatively, if price manages to consolidate above Sep low and create pivot around recent 476 highs, I would be eager to consider going long with price breaking above 479 with volume support. Trading thesis: until price respects 479 short-term resistance area, I would lean towards the short side, with any consecutive lower-low being a shorting opportunity (orange circle on a chart above as a potential example) with stops above recent high. Although mid-term analysis shows potential for at least one more leg up, in the short term we are in no mans land, with both sides (long/short) having technical arguments to support itself. I would wait for the dust to settle and high quality, low risk set-up to emerge before taking any decisive stance.
NASDAQ:NVDA
by artemfedorov
3
Filecoin - A Stunningly Bullish ChartCRYPTOCAP:FIL This chart is one of the easiest layups I've seen, not solely in TA but the fact a where it sits while the BTC ATH has been been breach prior to the Halvening This is the textbook Ted Warren perfect buying pattern, combined with a Wyckoff accumulation schematic after a perfect 5 wave from the 2020 top. Since then PA has presented an incredibly bullish momentum breakout, exhibiting mammoth volume at exactly the right place seen through on the OBV which has already flown far past the pervious ATH. Do what you will with this information, I know I have.
Long
by ANobleNerd
Silver Testing 4H Channel Resistance; Bullish If BrokenSilver is trading sideways since 2021, a move that can be a corrective because of choppy and overlapping price action. Ideally, its a very big triangle in progress, with final wave E in play, which can be in late stages now, so ideally prices will stabilize in weeks ahead. We can already see that the price on 4h time frame is turning up from projected 21.50-22.00 area, which is the first potential but strong support area for wave E. So if we are correct then metal can turn higher, but for confirmed bullish reversal we need an impulse out of a downward channel and through 23.50 lv.
SAXO:XAGUSDLong
by ew-forecast
Bitcoin Cash Is Breaking Out Of Bullish TriangleBitcoin Cash with ticker BCHUSD made a strong recovery back in July of 2023 which might be wave (III) because a slow down from $330 is overlapping, thus it can be a correction, so ideally that's a wave (IV) retracement, meaning that uptrend for wave (V) can still show up on a daily chart with space up to 400-500 area. We are actually tracking a bullish triangle pattern in wave (IV), which looks to be completed after recent break above 300 region.
COINBASE:BCHUSDLong
by ew-forecast
4