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Wave3

BTCUSD Elliott Wave Forecast - UpdateHello everyone, BTC reached the second extended target of 46.4k (please see linked ideas below). I mentioned a potential rise further into the 50k zone which is the third extended target of 56.6k. Although a potential third extension is another 10k move upwards, I wouldn't be surprised to see this level achieved without a decent retracement. There is the possibility that wave 3 completes here and a correcting structure follows (wave 4). Targets for that are in my previous idea linked below. Let's see how it plays out from here before looking into the possibility of any deeper corrections. Follow for further updates. Your 'likes' are much appreciated and your comments are most welcomed. Thank you for taking the time. Trade safe! Beyond Edge Disclaimer This is not trading advice. All content/ information shared in this idea is purely educational in nature and is expected to be used for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own research and analysis before making any investment decisions. Do not trade or speculate based on the information provided in this idea. Trust your own analysis. Beyond Edge
BITSTAMP:BTCUSD
by BeyondEdge
4
BTCUSD Elliott Wave Forecast - UpdateHello everyone, It's been a good start to the year for BTC. Printing a new high above 42k, BTC has blitzed through my initial targets of 29.8 - 31.7k and 36.2k before falling short of the second extended target of 46.4K (please see linked ideas below). The target for 46.4k is still possible as well as a further rise into the 50k zone, more on that if/when the level at 46.4k is achieved. For now I wanted to highlight the possibility that wave 3 may be complete and a correcting structure may soon begin to form (wave 4). If that is the case then we can look for BTC to head into the 27k zone and potentially as low as 22k before beginning to move back up. Let's see how that plays out before looking into the possibility of any deeper corrections. Follow for further updates. Your 'likes' are much appreciated and your comments are most welcomed. Thank you for taking the time. Trade safe! Beyond Edge Disclaimer This is not trading advice. All content/ information shared in this idea is purely educational in nature and is expected to be used for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own research and analysis before making any investment decisions. Do not trade or speculate based on the information provided in this idea. Trust your own analysis. Beyond Edge
BITSTAMP:BTCUSD
by BeyondEdge
1
BTCUSD Elliott Wave Forecast - Wave 3 Price PredictionHappy New Year everyone, I had initially provided rough counts for wave 3 to be between $33 - $38k with a possible extension into the $50k zone (please see linked ideas below). We saw the 24.3k break and retest completed successfully and as forecasted the successful break of that level has propelled BTC towards my initial Wave 3 projection of 29.8k - 31.7k. I mentioned the likely possibility for BTC to achieve extended wave 3 levels because of it's tendency to overshoot which brings my next target to the first of these extensions of 36.2k. Now, the second extended projection level is at 46.4k, before placing too much focus on it, let's see how this plays out and whether BTC can achieve the first extension level. I feel I should mention... this is a sub-wave count of a larger wave 1 in play but at this moment in time I am not entertaining that far ahead. What I would add to that note is that I am expecting BTC to achieve much higher six figure levels in the coming years. There is a further 'third' extended projection for this wave, more on that level once we are closer to it. Follow for further updates. Your 'likes' are much appreciated and your comments are most welcomed. Thank you for taking the time. Trade safe and always remember to plan your trade and trade your plan! Beyond Edge Disclaimer This is not trading advice. All content/ information shared in this idea is purely educational in nature and is expected to be used for analysis and illustration purposes only. Do not trade or speculate based solely on the information provided. Trust your own analysis. Beyond Edge
BITSTAMP:BTCUSD
by BeyondEdge
BTCUSD Elliott Wave Forecast - Wave 3 Price PredictionHello all, First and foremost, well done to everyone who has hodled through the bear run. It has most definitely been a true test of an individual's investor stamina. As promised, it's time to take a closer look at wave 3 with the view of establishing more accurate price forecasts. In my previous ideas, I had initially provided rough counts for wave 3 to be between $33 - $38k with a possible extension into the $50k zone (please see linked ideas below). Bitcoin is in pure price discovery mode with no level above to target as previous support or resistance. How high can it go? In my opinion, 24.3k is the next short term price level to challenge. A successful break of that level could very easily propel BTC towards my initial Wave 3 projection of 29.8k - 31.7k. The FOMO and publicity it attracts has meant that BTC has developed a tendency to overshoot in bubble like fashion over the years. That being said, I feel that there is a high probability that BTC can achieve a Wave 3 extension level. The first of these extended Wave 3 projections is at 36.2k. There are two further extended projections, more on those level later. Follow for further updates. Your 'likes' are much appreciated and your comments are most welcomed. I'm interested in seeing what your price forecasts are. Thank you for taking the time. Trade safe and always remember to plan your trade and trade your plan! Beyond Edge Disclaimer This is not trading advice. All content/ information shared in this idea is purely educational in nature and is expected to be used for analysis and illustration purposes only. Do not trade or speculate based solely on the information provided. Trust your own analysis. Beyond Edge
BITSTAMP:BTCUSD
by BeyondEdge
9
|wave5 of 3rd of a Third of a 3rd|elliotwave|WAVE3*UPDATED*LONG|As the title suggests, here is the updated chart of my third of a third of a third elliot wave hypothesis. Expect a near vertical rally from todays low, as we are within a sub-wave3 of the first wave 5 having completed the larger degree wave 4 of the even larger wave 3. Next will be consecutive wave 4 wave 5 wave 4 wave 5 of higher degrees to complete the entire pattern sometime this Spring. Feel free to ask any questions.
CME_MINI:ES1!Long
by thatsblatzphemy
MARKET COMPLETING WAVE 3Based on Elliot wave theory, the ENTIRE market is nearing its completion of the 3rd wave. This coincidentally will happen just as the IWM is completing its full 100% retrace from lows which also follows elliot wave rules. The range to look for is $360-$365 with the mean target being $362. Everyone knows the entire market is beyond parabolic and way overvalued. there is not a single company that is not trading at a "fair value." eventually the rug will be pulled. Once wave 3 starts, we head into wave 4 which should bring us down to a minimum of $250 with a possible extension down to $200. This wave 4 will most likely follow the pattern of wave 2 with roughly 10 years of sideways consolidation. Meaning it can be a complex wave 4 having swings from $360 to $200. Once wave 4 is complete, we head into wave 5 which should easily carry SPY to above 500.
AMEX:SPYShort
by ncontelmo
1
Likely 700 point drop looming, but this is very bullishI continue to run more models. My models are like the cones of uncertainty when forecasting hurricanes. The more data that comes in changes the cone. In this case, this chart is completely different from the one 2 weeks ago. That one saw the end of Grand Supercycle 1, this one still has us in the final Cycle wave 5. This model also projects Grand Supercycle wave 1 will not end until early-mid 2022, but more will be published on that later. My prior model was not completely wrong as the major crash is looming, it is now just delayed for another 18 months or so. This chart is using similar models to project Intermediate waves 3, 4, & 5 (which are annotated in the white text) and another one to project Primary waves 1 & 2. The end location for Intermediate wave 3 is based on 110 data points. It is even possible this wave 3 ended with the close of trading yesterday which could start a 150-200 point drop over the next 7-13 days. Intermediate wave 4's end dates and points are separately based on 150 data points. Wave 4's have an average and median drop of around 41% the entire movement of wave 3. Wave 4 will give way to a nice jump slated to top right before election day in the U.S. Intermediate wave 5 is based off of 190 data points and tends to be the most accurate in all of the models I run. The end of Intermediate wave 5 is also the end of Primary wave 1. There is some overlap in the projects for the intermediate and primary waves. The most accurate projections are for the intermediate waves due to the amount of available data to determine those dates and price levels. The yellow text primary waves are larger targets because less data was used to obtain them. The biggest data points for the yellow primary waves comes from one main area. The fifth wave typically accounts for 15-20% of the bigger wavelength (with a consistent average & median around 18%). Theoretically Cycle wave 5 will last around 18% of Supercycle wave 5's length. 18% of projected Supercycle wave 5 is 610 trading days. 15% is 491 trading days. My current projection has Supercycle wave 5 ending (which is also the end of Cycle wave 5) in 2022. I will go into greater detail about these points in the future. The primary waves were calculated solely based on the 491-610 trading day length of Cycle wave 5. Each wave tends last a similar ratio to the larger wave it trades inside. This is how the yellow text was calculated. Wave 1's tend to last ~29% of the larger wave, 2 is ~12%, 3 is ~37%, 4 is ~5%, and 5 is ~17%. These values are not found in any book, they are from nonstop studies of millions of data points my programs have been running. The 700 point drop in the title speaks of my current projection from the end of Intermediate wave 5 / Primary wave 1 right before election day and through the first quarter of 2021. My website will go into much greater detail about the drop and whys. Leave comments if this analysis was helpful and thanks for reading.
SP:SPXLong
by StockSignaler
2
A Good Oppurtunity In MIDHANIWe Have Spotted an Full Five Wave Structure From The Low in August till The Highs We Have Also Checked The Wave Internals, Ratio Relationships, The Labeling Meets all The Rules and Guidelines of Elliott Waves, All The Waves are as Expected Based on Wave Personality, Wave 5th was an Extension, Therefore the Ensuing Correction Was Sharp (Just as Expected), Now if we Consider That If an Five Wave till the Highs has Completed and Wave 2 As well, Then The Wave Three of the Next Higher Degree is in The Making Right Now, Which Gives Us a Good Opportunity To Enter and Ride The Move Beyond The Highs.
NSE:MIDHANILong
by TraderYG102
VALE3: Long on Elliott Wave (III)/Compra por Onda (III)VALE3 has just confirmed its start of a WAVE (III) in SuperCycle degree. We should see a strong push to the upside in the coming months and quarters, with the 1.618 expansion at R$ 415. The whole advance from Early 2016 until the just broken out top "V" shows a clear 5 wave pattern, and that was labeled in Cycle degree as WAVE (I). The correction that ensued up till the corona virus/Oil glut - Russia vs. Saudis - bear market was labeled as a corrective WAVE (II). VALE3 acaba de confirmar o início de uma ONDA (III) de grau SuperCíclico. Devemos observar uma força vigorosa empurrando os preços para cima nos meses e trimestres a seguir, com a expansão de fibo batendo em R$ 415. A subida desde o começo de 2016 até o topo recém rompido "V", revela um padrão de 5 ondas, que foi rotulado a nível cíclico como ONDA (I). A correção que se deu até uns meses atrás com o Corona-Virus/Crise do Petróleo "Russia-Arábia Saudita" foi rotulada como ONDA (II).
BMFBOVESPA:VALE3Long
by geraldelli
Vaccine stock to climb up to $140 in wave-3At a weekly time frame, this stock is the next thing to blow out. With phase 3 trials expected in July, the potential of $MRNA could be huge in upcoming weeks. With wave-1 and wave-2 already formed, market is now forming wave-3 which may lead the price to possibly $140-160 zone. (Note: Please ignore the markings for wave-4 and wave-5) What do you think about this idea? Leave your comments below. Disclaimer: This is not a financial advise. Please make your independent decisions while making an investment.
NASDAQ:MRNALong
by mustafa_bey
3