Avalanche Analyze 🗻!!!Probably, you are following Avalanche these days. today I decided to share my analysis about it, and How far can it grow?
Avalanche Analyze ( A VAXUSDT ) Timeframe Daily ⏰ (Log Scale)
Location 🌊: from my view, Avalanche passed its Main wave 1 and Main Wave 2 , and at this time it is moving on microwave 5 of microwave 1 of Main wave 3 .
Where is the end of microwave 1 of Main wave 3 ?
I have two targets 🎯 for the above question:
Target 1 🎯: 139$-142$ ( More possible )
Target 2 🎯: 179$-200$
Target 1 🎯 is more possible than target 2 because when we watch RSI at the daily time frame, RSI made Rising Wedge 👇.
In addition Stochastic is near Resistance Zone , and I expect that we will see the end of the movement soon.👇https://www.tradingview.com/x/gmvP8YTD/
My Suggestion : if you want to have AVAX on your portfolio, please wait for correction .
Support Zone : 105$ unit 100$ .
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅ 'like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
Expandingtriangle
XAUUSD Ongoing Correction - Expanding TriangleGold is forming a short-term expanding triangle.
As mentioned in the previous idea, price dropped further between the 1738 - 1717 highlighted before moving back up to current levels. I see it potentially going on to complete the wave structure above.
Follow on TradingView and Twitter for further updates. Your 'likes' are much appreciated and your comments are most welcomed.
Thank you for taking the time. Trade Safe!
Disclaimer
This is not trading advice. All content/ information shared in this idea is purely educational in nature and is expected to be used for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
You should do your own research and analysis before making any investment decisions. Do not trade or speculate based on the information provided in this idea.
Trust your own analysis.
Beyond Edge
XAUUSD Ongoing Correction - Expanding TriangleGold is forming a short-term expanding triangle.
As mentioned in the previous idea, price dropped further between the 1738 - 1717 highlighted before moving back up to current levels. I see it potentially going on to complete the wave structure above.
Follow on TradingView and Twitter for further updates. Your 'likes' are much appreciated and your comments are most welcomed.
Thank you for taking the time. Trade Safe!
Disclaimer
This is not trading advice. All content/ information shared in this idea is purely educational in nature and is expected to be used for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
You should do your own research and analysis before making any investment decisions. Do not trade or speculate based on the information provided in this idea.
Trust your own analysis.
Beyond Edge
GOLD may resuming its uptrend @≈ 1738.10/Oct/21GOLD price probably still inside the expanding triangle pattern as price surge after NFP news shown the internal sub-wave structure look corrective rather impulsive wave .. So most likely that particular portion of "upthrust" wave is wave wave D ( Yellow Circled) of an expanding triangle pattern. The Stop Lost for the Long Setup will be @ 1734.78 which is the high of wave i (cyan/light blue)...
Gold may reach @ ≈ 1800 with expanding flat pattern. 6 Oct 2021Gold price could may reach at around 1800 on around coming None Farm Payroll (N.F.P) by breaking 1787.16 which is the high of wave (a)( Red) with expanding flat pattern instead of running flat pattern .. AND 1800 are :- 1) Down Trend Line ( Yellow Dotted) Resistance, 2) Next Major Supply Zone ..
Bitcoin Analyze (Setups) 🧐Hi, everyone, today I want to talk about Setups that can happen.
I have to say thanks to all users that respect ideas that are even wrong (Please Respect each other🙏) If you do not like some analyzers, you can unfollow them, but please do not destroy them🙏.
Bitcoin Analyze ( BTCUSDT ) Timeframe 4h ⏰
Location🌊 : if you want to know about counting waves of Bitcoin from 😱2.5$😱 until the end of the Main wave A that you are seeing it on my chart, first you can read my previous post with the topic ''Bitcoin Analyze 🗺️🔥(Counting Waves + Road map+ Long-term)🔥🗺️'', second please read my post with topic ''Bitcoin Analyze (Road Map)!!!🗺️'' too.
Also, you can visit my post with the topic ''Bitcoin Analyze (End of Rally is uploading)!!!⏰'' for knowing more about my Bearish Expanding Triangle.
Live : Bitcoin lost its main uptrend line a few hours ago, it can be a sign for finishing this bullish rally (but better wait to be sure about trusty break), also I was able to find Fan Principle setup that it can be another sign for finishing the bullish rally. if the price can break the Third line of the Fan Principle, we will be more confident of the end of the uptrend, If this happens, the price will close to the lower line of the Bearish Expanding Triangle while we will have Bullish Gartley Harmonic Pattern(Probably, we can visit Point D(It can be a Critical point) of Gartley at TRZ).
RSI : RSI has important resistances in front of itself, and we can see Bearish Deep Crab 🦀 that it is working now, and I think that this bullish rally can finish with a symmetrical triangle on RSI. Daily Timeframe⏰ 👇
In addition: stochastic is showing the end of the movement, Timeframe 4h ⏰👇https://www.tradingview.com/x/QiKHP285/
My Suggestion : if you have Bitcoin, you have to think about taking profit from them Soon/ if you don't have coins, Don't be FOMO, probably time will give you another chance 👍😉.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
Bitcoin Analyze (End of Rally is uploading)!!!⏰Hi, I hope you read my previous post and took an idea from my analyze.
Today I tried to find the end of this rally by Bearish Expanding Triangle Pattern ( Main wave B from the corrective structure ).
Bitcoin Analyze ( BTCUSDT ) Timeframe 4h ⏰
Location🌊 : if you want to know about counting waves of Bitcoin from 😱 2.5$ 😱 until the end of the Main wave A that you are seeing it on my chart, first you can read my previous post with topic '' Bitcoin Analyze 🗺️🔥(Counting Waves + Road map+ Long-term)🔥🗺️ '', second please read my post with topic '' Bitcoin Analyze (Road Map)!!!🗺️ '' too.
Live : Bitcoin is moving simultaneously in a Rising wedge and Bearish Expanding Triangle . We expect after breaking the lower line of the Rising wedge , We reach the bottom line of the Bearish Expanding Triangle , which would be the sixth attempt to cross lines of the triangle, it may have multiple pullbacks to the broken bottom line of the Bearish Expanding Triangle , and this may create a Head and Shoulder pattern in which will prove the start of Mani wave C of corrective structure ABC .
Interestingly, the neckline of the Head and shoulder pattern might be the target of the Rising Wedge pattern simultaneously.
Here I want to briefly explain the Fibonacci retracement levels of the waves inside the Bearish Expanding Triangle .
Guidelines :
Wave B can retrace 78.6%– 88.6% of wave A = It has complied ✅
Wave C is usually 138.2% – 161.8% x wave A in size = It has complied ✅
Wave D can retrace 78.6%– 88.6% of wave C = It has complied ✅
Wave E is usually 138.2% – 161.8% x wave C in size = End of wave E can be between 138.2% x wave C= 49972$ until 161.8% x wave C= 51000$ , we have to find signs for verifying the end of Wave E. I think that we passed the end of wave E a few hours ago, the end of wave E could be on my TRZ .
RSI : RSI has important resistances in front of itself, and we can see Bearish Deep Crab 🦀 that it is working now, and I think that this bullish rally can finish with a symmetrical triangle on RSI . Daily Timeframe ⏰ 👇https://www.tradingview.com/x/cfzW09Cp/
MACD : MACD is running in the symmetrical triangle and I guess that MACD will break the lower line of the triangle. also, we have Divergence between Price and MACD ( RD- ) until now. 4h Timeframe ⏰👇
My Suggestion : if you have Bitcoin , you have to think about taking profit from them Soon/ if you don't have coins, Don't be FOMO , probably time will give you another chance 👍😉// if you find triggers for short positions, you can do it.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅ 'like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
BTCUSD: Expanding Triangle Inside the expanding triangleHello Traders!
This chart looks so amazing where we can see an expanding triangle inside a Bigger expanding triangle.
This is a moment where many are waiting for the 50K price, but now there is a big chance that the market will drop to the support level. The bigger problem for the buyer is that I have detected an untested trendline and the market never leaves a trendline untested. There are certain scenarios where the market leaves the trendline untested because of the trendline angle where it makes it impossible to hit back.
Most of the expanding triangle moves in ABCDE formation. In this case, both completed the D formation and now Market is heading for the 'E'.
Don't be surprised if you see an instant crash after the support area as the final wave of expanding triangle remains and the untested trendline is yet to be tested.
Don't forget to hit the like button and follow to stay connected.
Bitcoin Analyze (Daily)!!!Hi everyone, Today, I want to talk about Bitcoin analysis at Daily timeframe ⏰, we want to specify that price can continue this trend or NOT, I am glad to see your ideas below my post, Thanks 💐🙏
Bitcoin Analyze ( BTCUSDT ) Timeframe Daily ⏰
As seen in the above chart, the daily downtrend line is based on two significant pivots ( 64,854$ and 59,500$ ) with three touches. After the third touch, the price crossed up this line, and also it crosses up line A of an Expanding triangle .
In the meanwhile, the price touches the SMA 200 for the second time. Since the Heavy resistance will not break with the first attempt, we could see that the price has reacted to this major resistance.
Resistance Zone : 44,000$ until 46,180$ ( Yearly Resistance 2+Monthly Resistance 1+ Fib Cluster ).
The SMA 200 is now within the resistance zone, making it difficult to cross up and see greater prices.
Therefore a correction would probably happen, which might be a pool back to the primary downtrend line. This area has a critical point which the bulls and bears will have to define the path for the price in the future; we may face two scenarios:
First : The price lost its support above the previous Downtrend resistance and came back below the mentioned down trendline to see lower prices.
Second : The support area ( 39,180$ to 40,480$ ), which is the cluster of fibs, with the support of SMA 100 , works together to lead the price upward.
In addition, if you looked at the Fear and Greed Index , we saw amazing changes from Fear to Gread just in a few days=== this is Not a good sign and we have to BE CAREFUL == Emotional market 🤔😱😂💵😲
RSI : Finally, RSI was able to break the Downtrend line that it had started in Jan 2021 by Falling Wedge. Now Rsi is on OverBought Zone that in this zone we have strong resistance in front of RSI + RSI has made Bearish Deep Crab 🦀 (🎯Bearish Deep Crab's Target (First) 🎯=50).👇https://www.tradingview.com/x/v2H3ae5q/
Stochastic : we can see the end of the current movement on Stochastic 👇https://www.tradingview.com/x/uJKITtBa/
My Suggestion : First, please Don't be FOMO , second if you have Bitcoin at this time and if you find signs for reverse around current price zone, you can close or sell your Bitcoins and waiting for a pullback or even more dump until the 20k channel.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅ ' like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe.
BTC/USDT (1D) Expanding Triangle ? Midterm gameplanHi Traders,
hopefully You are enjoing summer after huge profits. ?
There is an Idea what we could see at BTC chart in next few days - weeks. Right now this could be least expected move from so called Whales. Most people are alredy Getting in. So lets squizzz them and scare the rest of HODLeers before big guys will fill their bags.
We will most Likley see Expanding Triangle, check the basic informations here:
worldcyclesinstitute.com
Hence Last wave ((v)) of A could go to 24K (if ((v)) = 1:1 to ((i)); or possibly 20K = 1:618 Extension.
Trade safe, let me know what your strategy for BTC right now.
We're not out of the woods yet. < $20K BTC is still possible. This is the same idea as last one but with Candles so that new bars will load (this feature is not available for Renko bars).
An Expanding Triangle is a pattern that starts with the price action squeezed tightly in the Apex (dotted blue line). There will be usually at least two swing highs and two swing lows in price. Overall volume usually diminishes as the pattern develops because traders become more and more unsure as to the market’s future direction. Also there may be several intermediate failed efforts to reach either the support or resistance as outlined by the triangle extensions. If the action creates a new bearish breakdown, typically the action will repeat the volatility experienced with the Pole creation (the vertical blue lines). We also need to pay close attention to the volume after the breakdown to recognise further development for the pattern. Another breakdown downwards is possible. Let's see what's gonna happen.
Safe trading everyone.
< $20K BTC still possible. We're not out of the woods yet.I got rid of the noise by using Renko bars and saw a potential Bear Expanding Triangle in development. An Expanding Triangle is a pattern that starts with the price action squeezed tightly in the Apex (dotted blue line). There will be usually at least two swing highs and two swing lows in price. Overall volume usually diminishes as the pattern develops because traders become more and more unsure as to the market’s future direction. Also there may be several intermediate failed efforts to reach either the support or resistance as outlined by the triangle extensions. If the action creates a new bearish breakdown, typically the action will repeat the volatility experienced with the Pole creation (the vertical thick blue line). We also need to pay close attention to the volume after the breakdown to recognise further development for the pattern. Another breakdown downwards is possible.
What do you think of this pattern?
GOLD Expanding Triangles and Ending Diagonal Pattern Ideas.GOLD possible forming an expanding bullish triangle pattern now at wave b (Green Circled) where price still consolidating AND Gold price will be having possibility "return back" to 1790 Zone again after breaking recent high at around 1834 As previous many daily bar closed above 1790 with long wick. ALSO we might be having "Roller Coaster" ride trade in gold in next few months as Gold Price might be forming an expanding ending diagonal pattern in wave (C)(Cyan/Light Blue)