BTC Last wave down-One impulse wave missing
-Shorting resistance
-Exit manually if it works
-Targeting roughly $31k area
Impulsewave
THE GRAPH NETWORK HAS A ROADMAP TO DOUBLE DIGITS!Merry Christmas Eve fellow Traders and Happy Holidays!
Today we wil consider the trading pair GRT/USDT.
Recently we put out ideas on SUSHI, LUNA, AVAX, 1INCH etc. talking about first wave extensions and their price targets for 2022 (all linked below btw).
This, we will do a similar idea for GRT.
As you can see in the chart above, GRT has had a 9500% growth in price from it's listing last december up until February earlier this year and has since been in accumulation phase spanning almost a year so far (315 days) marking it's correction phase (wave 2).
If we take our fib retracement tool and draw from its opening price at listing date up until it's ath in february, we see price stopped just underneath the 0.382 fib support (which is the basis for a 1st wave extension, coupled with a lengthy accumulation phase).
To get our targets for the 3rd wave, we then take out our fib tool again and measure from it's ath to the 0.618% level of the 1st wave and target just under the 1.618% level for wave 3.
I have added in the 1.5% level for clear targets.
This would give us a price target of around $11.8 - $16.4 should we touch the 1.618 fib resistance.
If you agree with this idea, please leave a like below and share your thoughts in the comments section.
Feedback is always appreciated.
Merry Christmas AGAIN!
US30 obvious trendline reaction and eliiott waveour team forex trading action is pleased to announce you guys that we had 9 out of 11 tp hit in our last analysis here is our new analysis for the US30 where you can find a clear uptrend trendline and fibo reaction
hope you guys taking profit from our analysis .
for more info contact us
Impulse leg past recent highs for Gold?All necessary notations are already included on the chart. Stop represented on the chard could be easily liquidated, however if it does, no worries. Could look for a possible re=entry below previous lows. I do not want to see price get past the 50% line noted.
EVER HEARD OF THE SEX GODESS NAMED POLKADOT???Greetings fellow Traders,
Today we consider the trading pair DOT/USDT
Looking at the chart above us, we can see that ever since DOT was listed(or after the rebrand at least), Price has continued to respect an ascending Trendline while forming a Ascending Triangle pattern in the process.
Currently Near Support of the trendline, and still in it's Larger Wave 2 correction, Price seems almost bottomed out.
Taking a look at our RSI, ever since the wave 1 top & price hiting our triangle resistance, a bearish divergence was formed, sending both price action & our RSI into territories for a buying spree, most notably the RSI into the oversold region and price into accumulation.
Should that same pattern repeat itself (and it looks just as though it might), we can expect one last retracement to the trendline support before gearing up for another impulse wave move to complete wave 3.
Take profit zone is calculated by taking the length of the triangle from start to resistance and placing it ontop of the triangle, along with some other confluences on the fibonacci tool.
Trade Idea:
--DCA your way down to triangle support
--Target PROFIT ZONE for quick gains
--HODL the rest until strong price rejection.
If you agree with this idea, pls leave a like as well as your thoughts in the comments section.
As always, feedback is appreciated!
Short term Bit coin Chart analysis EliotwaveHi all It's Jude
Please see attached my short term Bitcoin eliotwave analysis.
See how it goes.
SXP $89LONG-TERM TARGET! $20 SHORT-TERMIn the chart above we can see that sxp is currently testing support of its ascending trendline while also in an ascending triangle.
Also worth noting, currently nearing the end of its wave II correction a breakout to the upside will give us a target of at least $19 to complete the wave III.
After which a correction should see us find support either at Prev Ath at listing (RED LINE), or recent ath which coincides with top of the ascending triangle (black trend resistance) to complete the wave IV correction
Once wave IV is done, potential price target is $89!
Pls note: RED bottom trend support is a potential target for a wick in the case BTC sees a sell of, backed by volume as well.
I am a firm believer of this project and do think it will pull similar price actions to that of BNB.
Furtheremore the fundamentals of this coin is very solid and has widespread adoption itself already
Below is a realated idea explaining the ACBDE wave structure.
VET MovingVET broke out, a better entry would be to wait for a retest at 0.09952. Overbought on the RSI
VET 1H
ADA (Symmetrical Triangle Adding Elliot Wave Theory Update)Some ideas with elliot wave theory in symmetrical pattern, update on previous post for ADA.
GBPUSD If we really facing the biggest spread of Covid-19 in uk , omicron , and all this bullishit , then GBPUSD need to test back the 1.20 zone
I am bearish already, but here what i think to go super bullish after new year 👊
Good luck
AVAX TO $200? MASSIVE GAINS!This, we're considering the trading pair, AVAX/USDT
Just like the last two ideas, This is also a First Wave Extension according to Price Action.
Completion of the Wave 3 would give us a target in the range of $200-$264, after which a slight correction wave 4 will occur and up to our Wave 5 target of about $370+
NOTE: DURATION FOR TRADE MAYBE INACCURATE. NOT FINANCIAL ADVICE.
Reliance - Swing Trade (Target - 2500)#Study Material
Just an "Introduction of the Elliot wave theory". Keep this as a study material.
EUGBP - HARMONIC BAT WITH IMPULSIVE WAVEThe 161.80% of Bat Pattern is hit, and possible to hit the 261.80% of it. Creating Elliot impulsive wave.
If break down the PRZ LINE which is 88.60% of XA, impulsive wave is invalid.
"TA is just a probabilistic analysis- not certainty. Everything is possible. The analysis just points to what is likely probable. TA is not 100% correct." - George Tan
* 100% target price of Pennant Pattern.
LITECOIN NEW ATH AHEAD. Just need to find an entry now😥Was long initially at 166 bu closed the position. Boy was that a dumb decision. All the lines you see is me trying to get a reasonable entry.
Slight modification to the LTC chartKRAKEN:LTCUSD
One of these two will play out. Just need an entry now😥
Consider a Donation:
BTC: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20)
159F3K5sZYnAQC4qt929jkkXKfSgNmukbq ( BTC )
ETH: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20)
0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (ERC20)
LTC: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20)
LdH9QfYsPYcjm5hAXfDQrS9Pmmr9QHu8Py (LTC)
USDT: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20)
0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (ERC20)
TH6nuZUjRakTV7bA25Uk8AVZe5pLSSxMix (TRC20)
bnb136ns6lfw4zs5hg4n85vdthaad7hq5m4gtkgf23 (BEP2) -> MEMO: 106029441
I honestly appreciate all donations. Im really down bad. My first year and lost 90% of my capital. starting balance was $1000. learnt about leverage a month ago and got greedy with it. was going to use litecoin to make it all back but price didnt meet my entry now im stranded. The learning process has been gruesome but I've learnt the hard way. just need to figure out how to tell my mom i lost all her money. Panicking, dont normally do stuff like this but i dont know anyone so i resort to this. THANK YOU IN ADVANCE. Worth a shot.😥
ALICE GUNNING FOR ANOTHER RUNAlice is about to make another move to the up side. The Horizontal support you see below the long tool shows how further down price could drop before making a move to the upside, given we do not pump here.
Consider a Donation:
BTC: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20)
159F3K5sZYnAQC4qt929jkkXKfSgNmukbq ( BTC )
ETH: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20)
0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (ERC20)
LTC: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20)
LdH9QfYsPYcjm5hAXfDQrS9Pmmr9QHu8Py (LTC)
USDT: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20)
0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (ERC20)
TH6nuZUjRakTV7bA25Uk8AVZe5pLSSxMix (TRC20)
bnb136ns6lfw4zs5hg4n85vdthaad7hq5m4gtkgf23 (BEP2) -> MEMO: 106029441
I honestly appreciate all donations. Im really down bad. My first year and lost 90% of my capital. starting balance was $1000. learnt about leverage a month ago and got greedy with it. was going to use litecoin to make it all back but price didnt meet my entry now im stranded. The learning process has been gruesome but I've learnt the hard way. just need to figure out how to tell my mom i lost all her money. Panicking, dont normally do stuff like this but i dont know anyone so i resort to this. THANK YOU IN ADVANCE. Worth a shot.😥
DENT MASSIVE GAINS AHEAD!DENT is about to make its move for the 5th wave. Still room for more downside/fakeout but this is going to rip once it does breakout. Last resort trade. if this fails, check out the ALICE trade in the link.
Consider a Donation:
BTC: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20)
159F3K5sZYnAQC4qt929jkkXKfSgNmukbq ( BTC )
ETH: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20)
0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (ERC20)
LTC: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20)
LdH9QfYsPYcjm5hAXfDQrS9Pmmr9QHu8Py (LTC)
USDT: 0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (BEP20)
0x03794f2ae7a97f2e308cb0d46fde8d1728e4b694 (ERC20)
TH6nuZUjRakTV7bA25Uk8AVZe5pLSSxMix (TRC20)
bnb136ns6lfw4zs5hg4n85vdthaad7hq5m4gtkgf23 (BEP2) -> MEMO: 106029441
I honestly appreciate all donations. Im really down bad. My first year and lost 90% of my capital. starting balance was $1000. learnt about leverage a month ago and got greedy with it. was going to use litecoin to make it all back but price didnt meet my entry now im stranded. The learning process has been gruesome but I've learnt the hard way. just need to figure out how to tell my mom i lost all her money. Panicking, dont normally do stuff like this but i dont know anyone so i resort to this. THANK YOU IN ADVANCE. Worth a shot.😥
SXP $89LONG-TERM TARGET! $20 SHORT-TERMPlease See original idea linked below
Apologies, left out a couple details.
This shows the ABCDE wave analysis which formed on the weekly and is the basis for a bullish pennant.
And we all love a good bullish pennant, not so often you see it on weekly charts.
All other explanations in the original idea linked below. Thank you
DISCLAIMER: Not Financial Advice
🚀🚀🚀LITECOIN 🚀🚀🚀🚀 My Litecoin technical analysis
I go over a bullish bat formation
stop levels,
take profit levels
Entry levels
risk to reward profile
also go over trend continuation trades.
entry, stops, and target on them too
What a three-point move is.
What an Impulse leg is
lots of information in short time.
watch it couple 20 times
This is the rules I use
Video is ok imo
I hope to do better in the future
me learning
share if you found value
Thanks
GL on your trades
Remember
A good trade setup can be a losing trade
EURAUD Analysis - Temporary move down and trend continuationWelcome back! Here's an analysis of this pair!
COMMENT BELOW and let us know your thoughts or questions!
**
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Brian & Kenya Horton, BK Forex Academy
BITCOIN IS SUPER BULLISH! THE DIP IS HERE!! (NEXT TARGET 113K!!)Don't fall for the bearish trap. the dip is around 50-53K.
This is perfect time to buy alts too!!
NEXT TARGET 113K!
CADCHF Analysis - Correction and Continuation DownwardWelcome back!
Please support this idea with a LIKE and COMMENT if you find it useful.
*****
After break of daily support at 7300 zone, we expect CADCHF to retrace back to previous support/future resistance for a continuation downward. Next major support level is 7190 zone for tp/temporary buy.
Be sure to follow the entry criteria rules for your strategy and keep this on your watch list!
- BKH
