Wave-5
AIOZ USD My Estimate Price Will Be 500.00 AIOZ/USD Estimated Price Will Be 500 By Year End. Why? WEB3 & META verse. Network of the future fast reliable unlimited bandwidth ; ) . The following coins use AIOZ Network's ETH Token algorithm and proof-type: Binance USD, Polygon, Crypto.com Coin, Dai, Parkgene, Chainlink, DREP, DREP , FTX Token, THETA, Decentraland, Theta Network, Fantom, Axie Infinity and Aave.
Quietly buy this one up. Shhhhhh. Don`t tell everyone now. Don`t be late.
Wave Wave, what big correction u have? C u at 2...Wave Wave, what big correction wave u have?
R u obeying Wave Theory?
Or u following FIBONACCI?
Or are you not of nature?
C u at 2 in May/Jun after 50+ days?
NAF DYOR
THE POWER OF RETURN - WAVESHello trading friends,
Depending on the last data trend - waves stay stable and strong in the price action between BTC and waves.
on this effect only - there could be coming time a trend change on waves - of course, is this, not a 100% guaranty, as markets going on their way - but the effect makes waves interesting with the power of return.
We will follow the coming time, and see what the time frame will do.
Have good time
@ This is not a trading call - trade only depending on your setups.
USDCAD RUNNING FLAT DAILY/H4It's a clean complex running flat. I'll try this.
Tell me about your entry strategies ?
Some ideas :
- Entry strategy 1 = traditional Dow method : long entry just above a little flag and short entry just below a little flag.
- Entry strategy 2 = h4 heiken ashi beginning to give a strong direction. Daily heiken ashi confirms.
Oil price prediction Elliott Wave Theory ShortI believe, because the prices of oil will go up in the long term, this is a corrective move, therefore labelling it ABC, it shows an almost 68.1% retracement. Showing that the price of oil in my opinion will go down within the next few weeks before making a strong upward 5 wave sequence.
Waves (WAVES)Hi there
Hope you all enjoyin crypto spring
today we gonna talk about Waves, Waves is a multi-purpose blockchain platform which supports various use cases including decentralized applications and smart contracts. Launched in June 2016 following one of the cryptocurrency industry’s earliest initial coin offerings, Waves initially set out to improve on the first blockchain platforms by increasing speed, utility and user-friendliness.
Waves’ native token is WAVES, an uncapped supply token used for standard payments such as block rewards
my first Wave signal is back to 18$, hope you stick with your bag, 5 Billion is next
patience is the key
are you surfing?
$omi buy zoneThesis: Using Elliot wave theory from our 1-5 correction with a trend-based fib from 1-2 we've retraced back down to our 1.618 level. That level is also shown in the past looking at our green box to be a clear area of support. Using a trend line from Jun 2021 if we look at recent price action it lines up with the idea of this being a local bottom. I personally bought $350 @ 0.00285 and will be buying another $350 if we can reclaim support above our resistance line from March 2021.
Bitcoin Explosive Breakout Target#Bitcoin appearing to be gearing up for an for explosive breakout breaking out of a MASSIVE rising wedge patern favoring price targets nearing 1.618 fininachi extension putting the BTC Price at around 90k to complete wave 5. Won't be long until we have an ABC correction before we start attacking the 100k & 200k BTC levels.
These things take time but I do beleive with so much adoption and with regularoty clarity BTC and other charts like XRP, XLM that have not hit their 4.326 Fib targets they too should go on to set new all time highs. Don't sleep on these dips.
It's hard not to be bullish when it's written in the charts.
Elliott Wave Theory - Motive WavesElliott Wave Theory , developed by Ralph Nelson Elliott, proposes that the seemingly chaotic behaviour of the different financial markets isn’t actually chaotic. In fact the markets moves in predictable, repetitive cycles or waves and can be measured and forecast using Fibonacci numbers.
The very basics of Elliott Wave Theory ;
The Elliott wave principle at its core consists of motive waves, movement in the direction of the larger trend, and corrective waves, any correction against the main trend. Market prices alternate between a motive phase, and a corrective phase on all time scales of trend.
Wave analysis offers insights into trend dynamics and helps you understand price movements in a much deeper way and offers the trader a level of anticipation and/or prediction when searching for trading opportunities
Motive Waves
Motive waves in general can be categorized as Impulse and Diagonal waves
a- Impulse Waves
Impulse waves consist of five sub-waves in the same direction as the trend of one larger degree.
Elliott proposed that financial price trends, the waves, are created by investor psychology or sentiment and the waves can be measured and forecast using Fibonacci numbers . In adition to using fibonacci retracments and extetion to forcast probable targets, channeling technique is also presented, where channeling technique is used to forecast wave formations and targets using price action .
Disclaimer: besides the rules, the below presented figures displays guidelines that elliott waves may form. Guidelines are tendencies, not set in stone rules
b- Diagonal Waves (Wedges)
Another form of motive waves are diagonals, they appear in the beginning of a larger trend, called leading diagonal and at the end of the larger trend, called ending diagonal
They are five-wave structures in the direction of the main trend within which wave 4 almost always moves into the price territory of (overlaps) wave 1, breaking the rule of impulse motive wave
Diagonals take a wedge shape within two converging lines
Elliott was careful to note that these patterns do not provide any kind of certainty about future price movement, but rather, serve in helping to order the probabilities for future market action. They can be used in conjunction with other forms of technical and fundamental analysis, including technical indicators, to identify specific opportunities.
Technical Indicators
Using various technical indicators among elliott wave practitioners is not so common, except few, probably the common one used is a kind of momentum indicator, such as RSI or MACD , to detect divergencies
Fibonacci retracement and extension drawing tools are essential for elliott wave practitioners. In todays computerized era many of the darawing tool's auto indicator versions are availabe on the trading platforms, such as Auto Fib ( where and how tp apply )
Elliott Wave Oscillator ( EWO ) , is inspired by the Elliott Wave principle and helps counting the waves
Volume and Volume Profile ( Vol / Vol Profile ) combined with price action is esential in technical anlaysis and for elliott wave practitioners helps to identify impulse and correction phases
Other indicators that are referred among elliott wave practitioners
Pitchforks ( how to apply ), Pitchfans , FibFans ( how to apply ), FibChannels ( how to apply ), FibTime , LinReg Channel ( what it is ), Raff Regression Channel ( what it is ), etc