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Wave2

#btc #btcusd #elliottwave short sell setup wave 2 1stJan25Bitcoin will see it's biggest discount in history in the upcoming years 85% Discount is anticipated. Again expecting the retest of 15k and the real boom and bull market will start from there rising it upto 242k more than 1400% rise! That means each dollar invested will become 14 usd from 15k till 242k!!!!!!!!!!!!!!! But if not sold right now my 1 dollar will be just 0.15 cents only.. Which will actually be a discount for new long term buyers as we are at the extremely overbought condition right now in btc and all markets.. Wait for it to go oversold to buy back simple as that. Not an advice of any kind dyor tysm trade with care good luck.
BITSTAMP:BTCUSDShort
by alibadshah88
1
Elliot waves meets Fibonacci [Educational]Hello everyone, today I like to share how I use elliot waves combined with fibonacci to analyze the market. The standard rules are: - Wave 2 can now be lower then the start of wave 1 - Wave 3 should be the longest - Wave 4 should not breach the high of wave 1 But to have a more objective view there are also price targets to be reached within the different waves. It's a complex subject to show in one chart, so feel free to ask in the comment section if you have any questions.
BITFINEX:BTCUSDEducation
by Kyrean
7
Is this trying to form the impulse for 3rd?Hello everyone, I've recently analyzed Lux Industries' stock chart using Elliott Wave theory, and I'd like to share my findings with you. On March 31, 2023, the stock reached a low of 1111, which appears to mark the end of wave 2. Since hitting that low, the stock has initiated a minute wave 1 and is currently in the process of forming wave 2 of minute degree. One interesting observation is that during this process, the stock created an ending diagonal pattern at the bottom, which is defined by a downward-sloping channel. This ending diagonal consists of five waves, with the first wave being the longest, and the third wave being smaller than the first, and the fifth wave being the smallest. This pattern is typically a sign that a correction is coming to an end. In terms of price projections, in the short term, I anticipate that Lux Industries may reach a target range of 1868 to 2243. Please keep in mind that this analysis is for informational purposes only and should not be considered as financial advice. It's always important to do your own research and consult with a financial advisor before making any investment decisions. We may or may not have position in the stock under analysis. Thank you for your attention, and please trade responsibly.
NSE:LUXINDLong
by imkhushal
1