3H - Possible wave 3 Setup, ready to move?Good morning traders and happy weekend! I hope you are all doing well and have a great weekend!
I didn't catch C98's first pump. I waited to see what it was going to do after.
Last night I threw on some fib measurements when I assumed the first wave was done. Looks like wave 2 closed about the .618 fib and we've started to move up.
White lines indicate we are seeing a bullish trend continuation. Lets hope it stays that way! There's not much above that would prevent upward movement!(IMO)
Lots of volume going through this new token right now! Price movement is fast. Be sure to take that into account if you use stop loss.
The solid yellow lines are apart of the VP-Period Indicator and they indicate strong points of resistance based on the volume.
Currently battling it out over the $1.5 resistance and then we'll need to make it above the $1.6 for the next big push.
NFA & DYOR
Wave3
Geely Auto Cup and Handle Strong Buy ENG/DEIf Geely Auto closes above 29.65HKD in the next week, the cup would be completed with Henkel and would have Short-Term to Medium-Term a price target of 38.45 / 44.80 / 49.30 / 57.90 HKD
Over the long term (1-5 years), a price increase of up to 581.90HKD to 1493.90HKD would be possible.
The Geely Holdings has a joint venture with Daimler
DE
Wenn Geely Auto in der nächsten Woche über 29.65HKD schließt, wäre die Tasse mit Henkel abgeschlossen und hätte Kurzfristige bis mittelfristige ein Kursziele von 38.45 / 44.80 / 49.30 / 57.90 HKD
Übergeordnet wäre Langfristig (1-5 Jahre) ein Kursanstieg von bis zu 581.90HKD bis 1493.90HKD möglich.
Die Geely Holdings hat ein Joint Ventures mit Daimler
#BankNifty Towards New High Bank nifty seems to be in Wave 3 of bigger wave 5. This leads us to a target of 36624, followed by wave 4 is expected which will be till 34367. And final wave 5 would be completed with a target of 41268 which is 61% Retracement of wave 3.
Targets:-
Wave 3 – 36,624 (Green)
Wave 4 – 34,367 (Red)
Wave 5 – 41,268 (Orange)
EURUSD - Elliott wave – monitoring micro wave ((3)) of submin v
prevailing scenario
wave (ii) maybe over in abc subminuette correction
monitor prices evolution in a motive mode
wave ((3)) of v unfolding - first target 1,2189 fib 1.618 wave ((1)) ext
ALT: continuation of wave (ii)
possible expandig flat in 3 waves
critical price area
previus daily close 1.2148
PP 1.2145
FIB 1,2189 fib 1.618 wave ((1)) ext – 1.2233 fib proj wave v (double extention 3/5)
static S/R 1.2182 critical R
volatility D 1.2130-1.2223
UKOIL - Possible Wave CountCurrently in the move of Wave 3 , creating an extension of wave 3 .
Possible target of 2.618 times @ 114 levels .
With a possible retracement to 0.5/1.618 levels @ 85 - 90 Levels
For a final target of 150 levels for wave 5
I am not entirely sure on this count . If anyone has any suggestions it would be greatly appreciated
HUGE WAVE 3 incoming for MAJOR shitcoinPossible wave 3 coming in for NLG, a Dutch payment coin. Major shitcoin but eh, everything is pumping.
Weird thing is that this coin bottomed in mid March (huge relative volume!), opposed to ALL OTHER ALTS bottoming at New Years eve.
If this is indeed was the bottom, then we are at the beginning of a MAJOR SHIFT in the trend.
ZENUSDT Third wave?Hello traders. After a nice move up yesterday from a double bottom, ZEN/USDT pulled back forming a corrective sub-wave 2 of the larger wave cycle 3. If my count is correct, we would enter a sub-wave 3 of the greater wave cycle 3. If correct? Some good gains could be made. Good luck!
Elliott Wave: a potential Wave 3 or Wave C in TeslaThe price of Tesla ( NASDAQ:TSLA ) had been going down in a 5 waves manner, which was followed by a double zigzag correction,
implying the next possible move will be another 5 waves decline
The only 2 possible patterns which can be formed in 5-3-5 are either an impulse (5-3-5-3-5) or a zigzag (5-3-5)
Therefore we can set two targets for this trade (or just separate as 2 trades)
For the first one, assuming we enter a short at $713, the stop loss will be $780.72 (above the end of wave b), the take profit will be $467.96 (assuming wave c = wave a), which give us a 1:3.6 risk/reward ratio
For the second one, the take profit will be $341.07 (assuming wave c = 1.618 x wave a), which give us a 1:5.4 risk/reward ratio
P.S. my analysis was done in log scale
Short Term - EOS waiting for Wave 4EOS/USDT seems to complete Wave3. Wait for a sidewave or slight counter trend movement in the next week, but watch out if the price break the channel.
EOS/BTC is very very bullish in the long run.
I think Wave 5 will likely to be long as the market heat up. But as Elliot theory, Wave 5 need to be shorter than Wave 3.
So let's set realistic TPs and see how things come out.
DTIL localized .618DTIL from an elliott wave perspective has completed wave 2. Consolidation here would be good for an enentual wave 3. The projected zones are optimistic and it could easily take longer for the stock to move that far upward. I expect resistance around each target point which could cause consolidation, but hopefully from a long standpoint the stock could hit ATH by end of summer.
TIGHT STOP LOSS. I am not going to play with this one if it drags below the .618. The upside becomes super shaky and it could plummet if it loses the support.