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Neowaveanalysis

BTC Neowave analysis - 8 JuneAssuming wave D has completed, two potential scenarios can be considered for the development of wave E: 1. Contracting Triangle Scenario: We are currently in the final wave (wave e ) of the triangle. Upon its completion, either wave a of E or the entire wave E could be considered complete. Confirmation of this scenario would be a strong breakout below 105,000 with solid momentum. However, this scenario would be invalidated if the price moves beyond 107,000. 2. Diametric Scenario: If the price surpasses 107,000 or if the breakout below 105,000 lacks sufficient momentum (e.g., takes more than one day to play out), this alternative becomes more plausible. It suggests a 7-leg structure. In this case, waves f and g are expected to take approximately one to one and a half days each.
INDEX:BTCUSDLong
by seriousCheese92934
Has the Alt Season Started?Cash Data 1W By analyzing the weekly Cash Data chart of TOTAL3, we observe that after a rapid and significant rise, a correction in TOTAL3 has begun, which appears to be forming a Neutral Triangle pattern. Wave Analysis: Wave-(c) is a double pattern with a small X-wave, making it the most complex wave. However, there is a possibility that wave-(d) could become more complex than wave-(c). We are currently in wave-(d). Given that wave-(b) has surpassed the start of wave-(a) and wave-(c) has been fully retraced by wave-(d), there is a likelihood that a Running Neutral Triangle is forming. For confirmation, wave-(d) must exceed the starting point of wave-(c). Conclusion: Based on the analysis, wave-(d) could rise to the range of 1.14–1.38 trillion USD. Subsequently, wave-(e) will begin and may conclude within the retracement zones identified on the chart. To accurately determine the target for wave-(e), we need wave-(d) to complete, allowing us to predict the end of the Running Neutral Triangle with greater precision. After the completion of the Running Neutral Triangle, we expect a significant rally in altcoins. Good luck NEoWave Chart
CRYPTOCAP:TOTAL3
by NEoWave-Chart
A larger corrective pattern is formingIn the previous analysis, a specific range was determined for the price to reverse, after reaching that price range, the price jumped upwards and the price grew by 1700 pips. However, considering that the structure of wave-c is not an impulse, the zigzag was not confirmed and it seems that a larger corrective pattern is forming. It seems that the reverse contracting triangle pattern is forming, which is currently in wave-d of the triangle. With the completion of wave-d, we can better find the end point of wave-e.
OANDA:XAUUSD
by NEoWave-Chart
Bitcoin NEoWave AnalysisBased on the wave count, it seems that Bitcoin has entered a new uptrend after completing a long-term correction in the form of a neutral triangle pattern. Since the first wave of this uptrend has an impulse structure, it can be said that a bullish zigzag pattern is taking shape, and we are currently in wave B of it. Based on the analysis, wave B of the zigzag can develop into a neutral triangle, with wave D continuing to the $100,000 or $110,000 level, and wave E can also retrace about 38% of it. With the completion of wave B, the price can enter wave C with a target of $158,000 to $180,000.
INDEX:BTCUSDLong
by ArshiaRahimi
7
Nifty 50 Forecast with NEoWave(Update)While many analysts thought that the NIFTY50 correction was over, the index is still moving towards the specified targets. The reason I did not update the index was that we had not yet received confirmations of the end of the correction. It seems that the minimum target for the NIFTY50 index is the same number as I mentioned earlier and after reaching the target, we will check whether the correction is over or will continue to decline. The pattern is still diametric and we only changed the position of the labels (c)-(d)-(e). If 23879 is broken strongly, we can say that the NIFTY50 correction is over. Previous analysis
NSE:NIFTY
by NEoWave-Chart