Resistance | Third wave | 1.272 FibEx - $300On 2H TF
Binance Chain ( BINANCE:BNBUSDT is in Ascending Channel. It's at 265
I figure out a support in range 229 - 237 equal 0.5 FibRe and 0.618 FibRe. We can trader in lower timeframes with these support.
Besides, BNB's dropped out twice nearly 13% and 16%.
So, two support at 229 and 237.
Elliott Wave Theory
- Invalidation Level below 215. Target of next downward at 150.
- Target of third wave at 300
Let's wait and see
Trieutv
If you missed third impulse wave, catch the fifth waveOn 30m TF
FX:CHFJPY has reached 141.47 to complete the third wave then the fourth wave's been happening with target at 140.36
Besides, it's a invalidation level below 140.125
Elliott Wave bring a chance to us or you can see chart pattern Shoulder - Head - Shoulder in below imagine
So we can trade in lower timeframes. DYOR, plz!
What next, wait and see
Good Signs for Long OrderOn 4H TF
Good Signs to open Long Order
- Double Bottom
- 1.618 Fib Extension
We have three targets at 1812; 1888; 1929
This setup will fail when OANDA:XAUUSD is closed below 1720
What next, wait and see
Target of short-term at 142On 30m TF
OANDA:CHFJPY has reached 143.758 to complete an impulse wave and it is correcting to 138.65.
Right now, GLOBALPRIME:CHFJPY is happening a lower impulse wave or "dead cat bounce" then drop out.
140.3 which is an important point, caution it!
What next, wait and see
Support Level for long-term, $14831On weekly chart
Look back to the past, BITSTAMP:BTCUSD dropped in range 72 - 84% at least 56% in 2020 (Covid).
Right now, BTC's dropped over 74% from ATH and it goes on downing.
I figured out a Fibo Cluster around 14800 with FiboExtension, FiboRetracement and previous ATH in 2020 acts as a support. You can see these in chart.
What next, wait and see
A complete wave then in the correction wave On 4H TF
VANTAGE:SP500 has complete the first higher impulse wave at 3637.46 and
Right now, it's in the correction wave and might be in range 4030 - 4070, perhaps.
Besides, it's an invalidation level above 4230.
Trading in lower timeframes
What next, wait and see
In zigzag wave with target at 52On 2H TF
Solana's completed wave A at 42.96 and wave B at 31
Right now, the 1st wave of wave C is happening.
We have a target of wave C at 52.15 by wave C = 1.382 Wave A. So, patience!
#TRADING:
Open Long Order around 33
SL 30.5
TP 52
After the correction wave'll done, last down wave will be continue.
Time will tell
The first wave is done at 18.5, what nextOn 2H TF
BINANCE:AVAXUSDT has completed the first impulse wave at 18.5 and moving up to 23, right now.
Avalanche needs to test at 18.15 before rally. That level for catching with stoploss below 16.9
Besides, AVAX's a resistance based on trend line at 21.6
What next, wait and see
The train is coming to station, catch up when it stopOn daily chart
After Covid-19 happened, the crypto market has reached and created All Time High. Binance Chain's ATH at $691,8
Recently, it's moving down and swing around $200 when I post this analysis.
BNB's in the correction wave, exact zigzac wave with Wave C = 1.382 Wave A equal $120.
I figured out that level by Fibonacci Extension and Retracement
We hope to BINANCE:BNBUSDT might be complete the fifth wave at $2,000 after bounce back the support
Time will tell
Good correction for next wave, come back to 7.5On 30m TF
WAVES has reached 11.6 to complete a impulse wave with golden ratio at fourth wave.
Right now, it's trading around 9.0
Wave C = 1.236 Wave A
It's price at 7.75
What next, wait and see
Drop and drop, support at previous ATH on 2018For a year, Ethereum BINANCE:ETHUSDT has dropped 65% from All Time High.
Right now, ETH is trading around 1,700.
It's creating a falling wedge. If ETH's perfect breakout, forget 1,400. Otherwise, we just catch it.
Scenario come back to 1,400 is more likely.
What next, wait and see
Can be down to 0.18, zigzag waveOn daily chart
COINBASE:LRCUSD has reach to golden ratio of correction wave at 0.32
Wave C = 1.382 Wave A
However, wave C's not done. It can be down to 0.18 to complete the impulse wave with golden ratio at 0.32 (the lower third wave).
0.18 which is the invalidation of higher impulse wave, it's also a strong support for long-term.
Time will tell