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Neowaveinvesting

ETHUSD 6 MONTHLYSince its inception, ETH has moved up in a 5-wave pattern, which is now being followed by an ABC correction. Wave A occurred during the last bear market. Currently, we are in wave B, and the market is showing a lot of strength. Wave B should retrace the 5th wave completely and move higher. A move higher than wave 5 will indicate a strong B wave. Depending on where wave B finishes, it will determine whether wave C retraces wave A or not. If the B wave falls between 101-123.6% of wave A, there is still a relatively good chance that wave C will completely retrace wave B. If the B wave exceeds 123.6% of wave A, there is little chance that wave C will retrace all of wave B. If it does, it will still be an irregular pattern. When the B wave exceeds 138.2% of wave A, there is no chance that wave C will retrace all of wave B. I personally can see ETH reaching around $7,000 to $9,000 very soon This is all I can say based on the 6-monthly chart.
INDEX:ETHUSD
by thekidtrader11
INJUSDT NEOWAVE ANALYSISWave A is the fastest and strongest wave on the chart, indicating that the long-term trend is up, and any downward wave is counter-trend. The pattern is a flat correction, confirmed complete in April 2024 with the drop from $52 to $18. Currently, we appear to be in an X wave. The X wave can be labeled as small or large based on its retracement of the entire pattern. Since it is not yet complete, I cannot provide further details based on the monthly chart. However, the price is likely to fully retrace the $13 low, and it should head lower.
by thekidtrader11
1
COIN NEOWAVE ANALYSIS (DAILY)Experimental analysis with the intention to follow back later on as I am still learning After posting the weekly chart, I decided to take a look at the daily chart to see if I could spot any clues, Initially, it looked like an expanding triangle, but after reviewing it thoroughly, it did not meet the requirements. The only other formation that could fit this structure is a terminal impulse. In this scenario, Wave 3 is the extended wave, doubling the size of Wave 1. Typically, when Wave 3 is extended, Wave 5 tends to equal the length of Wave 1. If not, then Wave 1 will usually be either 61.8% or 161.8% of Wave 5. With this in mind, I would anticipate a minimum 20% upside, a 35% medium target, and a maximum target around 65%. Obviously, we can only get a real target once wave 4 is over. I do expect this terminal pattern to be part of a complex correction featuring an X wave, or to be the first leg of a larger corrective structure. If you read my weekly analysis, you will understand that this complex correction will end wave G, which would end the B wave. This daily chart hints at a stronger B wave, which would put COIN in a bullish long-term trend. Note: Since this is a daily chart, the probabilities of failure are even.
NASDAQ:COINLong
by thekidtrader11
IONQ NEOWAVE ANALYSISExperimental analysis with the intention to follow back later on as I am still learning My dad actually shared this ticker with me since he was holding it. I tried my best to analyze it and come up with a conclusive statement at that time, although I couldn’t, and what I did come up with was completely invalid. The main reason being that the price data available is very recent, and there is not enough price action to tell what exactly is going on. Today, I will try my best to let you know what’s happening and where IONQ is headed. The pattern is a complex correction joined with an X wave. The first part is a running flat correction with a strong B wave. All trending waves are to the upside, and the recent wave A, being the fastest and strongest wave, tells me that the long-term trend is up. My only dilemma in this chart was understanding whether the wave after the flat was either an X wave or an A wave. The only reason I decided to call it an X wave is due to its slow price action, whereas the recent move is a better A wave rather than a B wave, which is likely not possible. I do not know what kind of correction wave A is a part of, but my best guess could be a contracting triangle since wave A was pretty strong, and normally wave A is the largest wave in a contracting triangle. So, this correction would be a double three correction. I do think wave A is over; however, we should get confirmation soon by the start of January.
NYSE:IONQ
by thekidtrader11
Elliott Wave Modern Analysis: Major Bullish Trends Unveiled!Hello traders! 📈✨ Today, we're diving into a comprehensive Elliott Wave Modern analysis on the DOGEUSD weekly chart (W1). With our two-window setup, we are comparing the current market behavior with a historical bullish trend from December 14, 2020, to May 3, 2021. Let's break it down: Right Window Analysis: Period: December 14, 2020 - May 3, 2021 Market Behavior: During this period, DOGEUSD exhibited a massive bullish trend forming an ABC flat pattern. Key Levels: Wave A: $0.4530, representing a 500% increase from a lower degree abc Zigzag (marked in grey). Left Window Analysis: Current Status: The market is currently forming the early stages of a three-wave pattern (a:3 & b:3). Future Projection: - If history repeats, we might see wave c:5 with a potential 500% increase, targeting $0.7992 from the height of a:3. - Current Price: $0.1650 - Target: Watch for the first major peak around $0.7992! 🚨 Get ready for a potential bullish surge in DOGEUSD! 🚨 With these insights, we could be on the brink of another significant move. Stay tuned and trade wisely! 🚀💸 🔗 Follow for more updates and detailed analyses! 📊📌 #ElliottWaveModern #CryptoAnalysis #DOGEUSD #TechnicalAnalysis #BullishTrends #CryptoTrading #TradingView 🚀📈🌊
BINANCE:DOGEUSDLong
by erbe
2