Wave-5
BTC looking forward to another bearish attackThe downtrend momentum of BTC doesn't seem to be finished yet. So we should wait for another down trend wave in order to see some reversal signs like bear trap or divergence in indicators.
right now the rising momentum is so weak compared to the previous fall and that is not a good sign for expecting a bull market.
Clean bullish Wolfe Wave on $UNI.Missed out on the perfect entry on $UNI, but I will start accumulating now (even if we dip a little bit considering Bitcoin has a tendency to misbehave while ranging). Targeting around $8 as a target. Could be worth keeping some for after $8 if the market sentiment turned bullish in general.
Formation of clean bullish Wolfe Waves on BitcoinBullish Wolfe Waves appear on Bitcoin's 1 hour chart. This could be an indicator for short term reversal. Point 5 having a relative increase in trading volume makes me more confident in this setup.
I would be using the 1-hour Fair Value Gaps / Imbalances as areas to take some profits with my last target being the local high marked with a green line. Golden pocket doesn't look that significant as it was visited with a reaction prior but we might see another retracement there or from an area close below it if we decided to dive a bit deeper with point 5.
Bear in mind that FOMC is really close (pun intended!) and an interest hike might mess things up for those longing.
Trade safe.
A NU Explosion ???NU explodes to around $2 by Aug 12th, thus saith elliott wave.
Expanding triangle B wave
Not financial advice
Entertainment only
lawyer double speak blah blah blah
Banknifty - Cypher PRZ at Wolfewave TargetBanknifty had wolfewave and near to its target , interesting thing is wolfewave target and cypher prz are at same level. Current supply is tested thrice (including current attempt to break) Looks like it will trap bulls by giving breakout ... Upside a significant supply with left shoulder is waiting to pull price down. Previous quasimodo failed to break low hence we can say strong low has formed. and also two flag limits below (one with FTR) shows strong demand and which is hard to break .
*Cypher might turn into shark so next potential reversal zone will be at 886
Amarajabat - Wolfewave with BAMMAmarajabat has wolfewave and supply in FL. Also a BAMM ... Two possibilities of rejection either it will react from supply under FL (Low) or react react from FL (High) which is aligned with LS and BAT PRZ... Very good RR setup...
Acala - How it startedLook at the bbands and how expanded they were during the downturn ever since launch
GC1! as i said gold is down as i said to you there was a huge probability of going down and thats what happened tog gold
it went from 1712 to 1700 and we can go out from the trade or we can wait until we see a strong candle tell us to close the trade and go out
i'm so happy to show you my analyses !
you can check my previous analyse
$BTC Harmonic Elliott Wave CountAs per my previous HEW count of ETH, here I bring you my updated count of the Bitcoin structure since inception. I think we're seeing the very first cycle correction since birth, but given confluences between ETH's structure and Bitcoin's, I believe it won't be able to crack the 2020 covid low. After the correction is over, which frankly could take years, the sky is the limit for this thing.