Cronos USDT Elliot Wellen Analyse Hallo zusammen, leider habe ich das Problem mit meinem Mikrofon noch nocht beheben können :/
Ich hoffe ich kann euch dennoch einen guten mehrwert in diesem Video bieten
Ellitowaves
Weekly Watchlist 26 September [Stock]In this video I break down my technical analysis and forecast on the stock market as well as share with you guys my watchlist of potential swings for this week. If you found this helpful, please be sure to leave a like and follow :) also please note that this is not financial advice. Good Luck!
My Watchlist
www.tradingview.com
BITCOIN - Cycle Wave Complete? Start of a Supercycle?I've never seen a bearish thread on BLX nor have I seen the long term chart with a solid EW count, so here's my offering. This certainly won't be the most popular count on TV, but I think there is a reasonable chance it will be correct to some degree and I'd like to have it on record while Bitcoin is still topping and almost everyone is still looking up to the stars. This is of course not the only possible count, but it does seem to fit well.
My interest for this count came when I realised that in previous bear markets Bitcoin has formed a classic wave 2 zig-zag and wave 4 flat triangle. And then the penny dropped - Price could well be completing a Cycle wave 5 top! This would also mean price is completing a Supercycle wave 1 and here is where the very bearish projection comes in:
In a typical Elliott Wave , an ABC correction will commonly retrace back into the territory of the previous wave 4. This would mean that the Supercycle wave 2 (Cycle ABC ) would likely retrace back into the very large price territory of Cycle wave 4: $19.6K - $3.2K. However to consider also what is common for Bitcoin ; in the two Primary wave corrections (bear markets), price retraced back to the log based Fibonacci ratios of 0.236 in Cycle wave 2 and 0.382 in Cycle wave 4, and so I've approximated a price target between these points.
In regard to time, the Supercycle wave 2 would likely be the more common zig-zag and I've approximately copied the Fibonacci time ratios of the Cycle wave 2.
In combination my price and time projection is (don't get mad now) $5.6K - $1.2K completing around the end of 2023 / start of 2024, which interestingly may be when the next halving is.
This is a very bearish projection and its not my preferred outcome. That said it would eventually provide the chance to buy crypto at a considerable discount.
If you'd like to see a lower degree count of the current bull market ending, it can been seen in my linked "Bitcoin has topped" thread.
BTC WAVE 4 DETAIL This is a follow up to the larger idea posted before. It shows the next few hours consolidation period before the final move higher in BTC. Afterward moving back to retest the $20,000 area.
BTC Elliott Wave Record to Date.I surmise we are in closing phases of Wave 4 of a Grander Impulse Wave I.
I documented waves 1, 2, 3, 4 of bigger 1 below.
If I am correct we are heading to completing Wave 4 via WXY/WXYXZ OR due to start Wave 5.1 of Wave 5. Only Time will tell.
Warren Buffet just made a historic mistake! QWAnalysisI don't know if you follow the news, but this one is important. Buffet announced that he bought an incredible amount of gold, which for me, would generate losses in the short term, but INCREDIBLE long term gains, because according to my analysis, after the gold reaches 1700, it would take off towards 3k+.
I analyze:
Bollinger bands.
Fib time-zone.
Fib Wedge.
Fibonacci retracements.
Elliot waves.
Market geometry.
I was kind of bored and entertained myself with this. LOL.
S&P 500 Elliot WAVE analysis update 17-07-2020 There are several valid scenarios and non of the contradict the other one,
this is the one I think is valid
I recommend stay away from the market until it unfolds completely
weekly wave pattern i like to shareI made this Elliot Wave pattern on the weekly. Don't know if i am right but I guess there is some more room for a downtrend in to the 5k region.
Possible Shorts AUDUSDI have some bad feelings with the sentiment about the AUDUSD LONG (BUY). First, the price has already "breakout" from the Rising Wedge bottom trend line clearly! Second, it was unable to complete our basic 5 wave impulse where our 5th wave went invalid. Chances of another falling wave could form if the price falls deeper. Talking about the Fibonacci Retracement which shows the price floating around 38.20% and it could be just a beginning where we know if the price continues to fall then there are space deeper 50% - 61.80% - 78.60% etc. Last time I had been trading long on AUDUSD 0.71096 which was like 25pip above from the current 0% (at the bottom) Fibonacci Retracement level 0.70854 trust me:- and looking the past price action it had already hit 100% for me and there could have less hope for upward momentum which is what I am repeating again "I HAVE SOME BAD FEELING WITH THE SENTIMENT ABOUT THE AUDUSD LONG (BUY). The choice is yours! Happy Trading!
ETH - Major Dump before the big PumpETH very similar to BTC has completed a corrective pattern - expanded flat.
It broke the low and the broke the high of wave A making this an expanded flat.
Since it formed a corrective pattern instead of making a new impulse, should expect another wave down before any kind of reversal in Ethereum and rest of the crypto market altcoins.
Ehereum Euro ETHEUR $ETH We are at the moment in the 5th wave of wave 3 of a larger degree. Stop Loss @ 590 Euros. We are going to split our targets. Take your first (1/3) Profits @695-700, your second target is 730-740 Euros, and the last target is @815 (2,618 Fib level and we have a confluence zone forming with the top of the channel, but we need an extended fifth wave for that scenario, keep 1/3 of your position for the last target)
3rd BNB Update and Final for todayIt already did 3rd Wave.
Now it's in correction.
S1)YELLOW WAVE
Expecting a 5th wave to form soon if support of $12.6 stays unbroken.
S2) WHITE WAVE - ABC Correction before 5th Wave
IF S1 fails:
Expecting a 5th wave to form on around $12 area.
S3) If S2 fails - ABCDE Correction befor 5th Wave.
5th Wave might still start at about $10.7
S4) IF ALL ABOVE FAILS.... I shall make another chart :D
(and also BNB crashes to $9.7) - very unlikely scenario.
