The completion of ascending wave ii from point 3The first uptrend is finished in the range of 0.26, and the price is moving in an upward channel, heading uptrend and the formation of wave 3, which is in sub-waves of 2nd wave from this point.
The price targets for this uptrend are initially 1.19 and the main target is 2.57.
Pf-marketanalysis
TRX- Diagonal patternInteresting ideas for joining NFT and getting into Defi, this news, in general, can be very useful for this network and Token.
In the 5-day chart in TRX / BTC, the Diagonal pattern can be seen, which can indicate the termination of the downtrend and the formation of a very strong long-term uptrend, and reaching the initial targets of 1083 and then 3332.
In the daily chart and against the dollar, we are in the 3rd wave, which by counting the wave, the price movement can be extended up to 34 cents. According to the wave balance line, we can have a target of at least 70 cents for this Token.
BTCST- Diagonal PatternThe first uptrend ended at $ 92.99 range, and as the 240-minute chart shows, the corrective movement ended at the range of $ 53.50. As you can see, the price is completing the iii wave, which can be extended up to the range of $ 300.
The 60-minute chart indicates, at the end of wave ii, from the sub-waves of wave 3, a Diagonal pattern has formed.
BNB-The formation of Triangle pattern in wave IVIn the 3-day chart, the uptrend is crystal clear, which can be extended up to the target of $ 800 to $ 1,000.
In the 240-minute chart we can see the triangle pattern ,which has been completed in the range of $ 515. This movement is a good indication for the termination of the corrective movement, in wave iv from point 3.
Diagonal pattern and completion of the corrective movementIn daily chart wave counting has changed to some extent, it seems the target of the uptrend can be $ 85 in the first stage and then the price level can be extending up to $ 160.
In the 15-minute chart, the Diagonal pattern is clear, which could indicate the completion of the downtrend in wave 2.
USDJPY-Formation of Diagonal pattern at the end of wave IVIn the weekly chart the price movement is forming a Triangle pattern, we are currently in the C wave from point D.
( Weekly Chart )
The daily chart shows the structure of the waves, which indicates that the iv wave from point C has ended and the price is rising in the V wave, which can be extended up to the range of 112.
( Daily Chart )
In the one-hour chart, the Diagonal pattern can be detected clearly, which can be an indication for the termination of the downtrend in the iv wave.
Rising panic for the formation of descending trend Rising panic for the formation of descending trend due to the Diagonal pattern
In the case of bitcoin, the diagonal pattern is under the formation, which is in the 5th wave from point 3.
The uptrend is likely to be extended up to the range of $ 66,000 to $ 67,000, and in continuation, it is expected the downtrend forms in wave 4. The probable drop might progress up to $ 30,000.
Personal point of view:
I am a person who believes in Bitcoin a lot but in my opinion, it is not perfect and many other networks are more complete than it.
But the main thing is that I still could not get an answer for its momentum. We had a lot of growth in all digital currencies, which caused inflation in traditional markets, and with the liquidity of digital currencies everywhere, this inflation enters the traditional markets (Fiat currencies). If this happens, what will happen to the markets? What is the government's strategy for this amount of liquidity? we know that if inflation causes prosperity and employment might be good for the economy, but what about this kind of inflation which is based on production and job creation? Assuming we have reached the end of the Fiat currencies era (like in the era of commodity exchange and barter), where is my location in this story? Should I forget these cross-terms and be hopeful for a $ 500,000 target for this cryptocurrency?
I entered an unknown world that I do not know which path should I take. This happened to me 10 days ago and in my personal life, and currently, I become more doubtful with thousands of paths to choose.
Link-The beginning of the uptrend in wave 3As the daily chart shows the price is in the uptrend and in wave iii, which the targets of this uptrend is in the ranges of $ 85 to $ 100 (In the short term).
In the sub-waves of wave 5 from point iii, wave 4 has ended in the range of $ 21, and then, by referring to the 240-minute chart, we can consider the first formed wave as a Leading Diagonal. And its corrective movement has been completed in the range of 23.75, in continuation, the upward trend has started in wave 3, which can be extended up to the target of $ 58.
The completion of corrective wave 2 in the range of 1.1704By the end of the first uptrend in the range of 1.2349, the corrective trend has ended with 3 descending waves in the range of 1.1704, and we should expect an uptrend for this currency at least up to the range of 1.30.
The confirmation of the uptrend has been drawn by crossing the price from the downtrend channel, in addition, we also can get the main confirmation with the price crossing the range of 1.2243.
Gold-Wave IV finishes in the range of $ 1678 There is a scenario that, the Wave IV has ended with the Double Zigzag pattern around the range of $ 1678. In order to approach this purpose, it must cross the drawn trend line and be stabilized above it. The targets in the V wave from this uptrend can be around $ 2200.
Triangle patternFirst of all, I apologize for not being able to update the analysis due to personal issues.
In the daily chart, the first target of the uptrend can be around $ 526.
In the 240-minute chart over review, a Triangle Pattern is under formation, of which it could have ended in this point or it could have extended up to the $ 177 range in the e-wave, and then the ascending movement begins.
We can get the main confirmation for the uptrend, when the price crossing the range of $ 217
Wave IV is under completion Wave iii has been completed in the range of 1676.10 and the corrective movement of 3 waves in wave iv is under completion, this wave be extended up to the drawn blue trend line.
By crossing the trend line which has been shown in red color, we can expect the target of $ 1650 for the precious metal.
BTC-$ 80,000Target of the uptrend In the weekly chart, the price is forming the 5th ascending wave, which can be extended up to $ 290,000 target. This is a general trend.
( Weekly Chart )
In the daily chart and by the wave count, the 3rd wave from point 5 is being completed, which can be extended up to the range of 70,000 to 80,000 dollars.
( Daily Chart )
The 240-minute chart shows the structure of the sub-waves, of which the final targets range are from $ 70,000 to $ 85,000.
The end of Wave 4 at $ 186 rangeThe end of Wave 4 at $ 186 range, and the beginning of the uptrend and heading to the target of $ 850
In the 3-day chart, and according to the wave count, wave 3 from point 3 has been completed in the range of $ 348, also the corrective movement, which is a short retracement, has been completed in the range of $ 186. According to the drawn uptrend line, the targets of this uptrend can be in the range of $ 850 to $ 1,000.
one-hour chart, and the wave count of wave 4 shows, that by crossing the price from the range of $ 309, which is the end of wave b, we can receive the confirmation for the uptrend.
Gold - Double Zigzag pattern
In the daily chart, Wave III has been completed in the range of $ 2075, and its corrective wave is in the form of a Double zigzag pattern, in which the downtrend can be extended up to the range of $ 1650.
(Daily Chart )
In the 240-minute chart, the diagonal pattern has formed, which by wave counting the details, this pattern is at the end of wave iii from point C, which is finished around $ 1676. Currently the price is in wave iv, in which the uptrend can be extended up to the range of $ 1750 (in the form of 3 waves)
If the price drags above the downtrend line and stabilized with 5 uptrend waves, the IV wave will probably end in the range of $ 1676.
By monitoring the details of gold charts in the daily and 240 minutes time frames, we can conclude a downtrend can be extended up to the range of $ 1650.
BZRX-The diagonal pattern in wave 2 from point 3The general downtrend has finished at $0.0880, by crossing the price from the range of 0.7454, which is the end of wave B, this scenario will be confirmed. Currently, the price is in the sub-waves of ascending wave 3, which in wave 2 of that the Ending Diagonal has formed in the range of $ 0. 3424. There is the probability of the formation of a strong uptrend in the near future for ascending wave movement