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HEX Is Coming Into Strong SupportCryptocurrency HEX is one of the weakest for the least year, but from Elliott wave perspective, we can see it finishing an A-B-C corrective decline from all-time highs. Wave C is a motive wave and it should be completed by a five-wave cycle of the lower degree and you can see, it can be now trading in final stages of wave 5 of C. From technical point of view, we can see it approaching important and strong 0.03 – 0.01 support zone at the former lower degree wave 2 and higher degree wave IV, from where we can expect a bullish reversal. However, keep in mind that bulls can be activated only if we see sharp or impulsive recovery back above 0.10 region. All the best! If you like what we do, then please like and share our idea. Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
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by ew-forecast
3
IMPORTANT NEXT COMING WEEKS - GZ1! - GAZPROM - WEEKLYGZ1! - GAZPROM - WEEKLY Gazprom price have at the end of last year reached its top price levels from 2007 - 2008. It seems that it probably goes down every times it reaches that point. After a long horizontally ranging price. we have seem a move up in the price. From February the price started to decrease but it stays up in the channel, recovering to it up trending price. It been few weeks that we have notices a slow down and the price is now evolving under the probable new up trending trend pictured by the green line. Coming week are pictured with a light red zone and an eye for you be able to observe while the price is evolving in the square. Probabilities are the bottom of the channel in the short direction and above the green line to keep going up in the long direction.
RUS:GZ1!Long
by Diallo_Charts_Ideas
Bitcoin - Hit of a Strong Trading Channel - 7 May 2022KRAKEN:BTCUSD in the past 3 weeks was in a really tight range of 8% and 2 days ago dropped significantly breaking the strong support at $37'500 and was stopped 24H ago on major dynamic support from W time frame. What is the supported thesis technically for the expected scenario on Bitcoin? - there are two potential scenarios one with 25% probability and one with 75% probability - If the price breaks even with $100 this yellow line - probabilities for a drop to 32K will be 75% - The MACD indicator hits low points and soon will start forming - Accumulation on bigger time frames supports the thesis that this is still a connection between major 4 and major 5 wave - Don't over-react the situation still nothing so scary If you have any questions related to this trading idea I will be happy to provide you with answers.
BITSTAMP:BTCUSDLong
by TradingTie
3
GMT new ATH near? Dear traders, GMT (green metaverse token) has repeatedly shown the strength and solidity to be able to aim very high. Since its launch, it has had a lot of progress making dizzying numbers. In my view, however, these numbers are not over yet. In fact, as can be seen from the chart, after recording a new ATH, the price has started a little correction to retest the resistance that has become support at $ 3.5. We are now facing another strong upward price action and the targets are shown in the figure. Will GMT be able to register a new ATH? We'll see :)
Long
by Acrome77
6
STRNGR/ETHstrong currecny migrated to strngr appears to be a succsesful migration to new token and the beginning of strong chain i think if strngr drops to 30$usd its around 70$ rn teh maintenance fees become too great to justify maintining nodes could be the death scenario for this project but the team and all the whales invested make me think they wont let that happen but we'll see how we go if this falling wedge breaks upwards then theres 33% on offer here to retest the .618 not bad considering the potential long term upside associated with nodes.
W
by olliecoughland