Wavec
Bitcoin Analyze_Road Map🗺️(Update)!!!Hi, We saw an amazing dump yesterday, I expected this movement from before, and finally, it happened. what will happen for Bitcoin ?
for answering the question, I decided to update the road map that I published on Aug 14 , the topic was '' Bitcoin Analyze (Road Map) !!!🗺️''.
Bitcoin Analyze ( BTCUSDT ) Timeframe 8h ⏰
Location 🌊: Bitcoin's Correction has started at around 64200$ . Bitcoin was able to pass the First Main wave of Correction ( Main wave A ) at 28805$ . Wave A had 5 microwaves, so we have to wait for seeing ZigZag (5-3-5) Correction (I am believing that corrective structure hasn't ended).
We passed Main wave B by that dump + The price broke our important uptrend line (verification).
Now, we are sure about starting Main Wave C (90%). The Main wave C hast to have 5 microwaves that they can run on regular 5 impulsive waves (Scenario 1 ) or even run in ending Diagonal Triangle( Scenario 2 ).
If Scenario 1 happens, we can see 3 0000$ - 28800$ until the end of the year (even less).
if Scenario 2 happens, we will not see very low prices, (probably around 37600$ ).
I tried to show you the end of each microwave, let's see where are end of them? (a little hard to predict for now, but I try my luck 😉)
where is the end of microwave 1 of Main Wave C?
Taregts🎯: 44400$ until 42850$
where is the end of microwave 2 of Main Wave C?
Targets🎯: around 46600$ //around 47800$ // around 48914$ // even around 51540$ ( Low possible )
where is the end of microwave 3 of Main Wave C?
Targets🎯: 37600$ until 30800$
where is the end of microwave 4 of Main Wave C?
Targets🎯: 37800$ until 34200$
where is the end of microwave 5 of Main Wave C?
Targets🎯: 30600$ until 28800$ or even less than these.
Note : Over 53000$ my counting waves will fail and probably we are on new 5 impulsive waves for reaching new ATH.
❗️ Sign ❗️: if you remember that when we were at around 36000$ , Bitcoin touched 48168$ on BITCOIN / TETHERUS PERPETUAL FUTURES , and finally price arrived itself to this amount, yesterday we saw the same happens, and Bitcoin dropped down from 52000$ to 42800$ , probably Bitcoin will arrive at 42850$ again👇https://www.tradingview.com/x/0DMkFLmW/
Thanks for reading this post, I hope that is useful for all.🌹🙏
My Suggestion : if you have coins, you have to think about taking profits especially on the end of microwave 2 of Main wave C / if you don't have coins, Don't be FOMO , probably time will give you another chance 👍😉.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
GBPJPY DAILY
Daily 5 Impulse wave up completed. Currently in a 3 wave corrective move down on the Daily timeframe.
HOURLY
Wave currently trading likely to be a (3-3-3-3-3) hourly move down in the same manner that wave A moved.
NOTE
Wave c termination likely to be 147.830 which is 0.38 retracement zone and 145.214 which is 0.5 retracement zone
Bitcoin Analyze (Ascending Channel+ Counting Waves)!!!Hi Every, what did you do these days ?! did you take profits from the market or just Watching Charts & ideas?
Today I want to Count the waves that we are seeing on our Ascending Channel , and find where is the end of this beautiful Ralley 😊 ?!
Bitcoin Analyze ( BTCUSDT ) Timeframe 4h ⏰
First, If you want to know about my analysis for Daily Timeframe, Please visit my previous post '' Bitcoin Analyze (Daily)!!! ''.
Location🌊 : My idea, Bitcoin is Still on Corrective structure and it didn't start New 5 Impulsive waves , so the waves that are seeing on Ascending Channel have Corrective Structure (A-B-C).
Wave A : it has started from 29280$ until 42600$ == Structure of Wave A == 5 microwaves == So we could understand, we will have a Zigzag correction (5-3-5) .
Wave B : it has started from 42600$ until 37330$ == Structure of Wave B == 3 microwaves ( Falling Wedge ).
Wave C : it has started from 42600$ until ?? = Structure of Wave C == 5 microwaves.
Where is the End of Wave C ? (Regarding the end Time of wave C , we can find the end of wave C at TRZ )
Scenario 1 : If wave B is a triangle or Wedge , there is a higher chance that wave C may only reach the 61.8% extension target == 45564$ == Around current Price == More Possible
Scenario 2 : Waves A and C of a correction tend towards equality ( same size 100% ) == 50652$
My Suggestion : If price can break our Heave Resistance you can open Long Positions and your take profit will be around 50652$ // If the price is starting to go DOWN from the current price zone, then you can find triggers for opening Short Positions.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅ ' like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe.
Ethereum Counting Waves!!!Hi everyone, we are watching 😕dull😕 days these days, especially for people that hold their Coins.
I have to say, these days, most of the coins are on Corrective Structure , but I am trying to show u at least the Resistances and Supports that exist in front of coins.
Location: ETH finished Main wave 3 at 4370$ (We saw a great rally on this wave), then it started the Main wave 4 . ETH is running on Main wave 4 ( Zig zag 5-3-5 ) for about 41 days, and I think that Main wave 4 will take more time from us .
The microwave A has finished at 1866$ ( impulsive== 5 waves ).
We passed from microwave B by Contracting Triangle . The end of microwave B was at 2847$ .
Now, we have to find the end of microwave C of Main Wave 4. I was able to find microwaves 1 & 2 of microwave C , and I think that we are on microwave 3 of microwave C of MainWave 4 , right now.
Also, I have to say that Microwave C can NOT go down less than 1406$ == Elliott's rules will be violated (Wave 4 and Wave 1 can not have overlap).
The Microwave C can be finish like a leading expanding diagonal . In addition, probably microwave 4 of microwave C will Time correction (because microwave 2 of microwave C did price correction == This is not rule).
I tried to show you our Resistance Zones & Suppor Zones that we have in front of Ethereum .
Resistance zones on Ethereum's way :
Resistance zone 1 : 2650$ until 2608$ ( Resistance + Cluster of Fibs ) == Light Resistance
Resistance zone 2 : 2935$ until 2822$ ( Monthly Pivot Point + Cluster of Fibs + Resistance +Contracting Triangle's Target ) == Heavy Resistance
Support zones on Ethereum's way :
Support zone 1 : 2260$ until 2237$ ( Support + Cluster of Fibs ) == Light Support
Support zone 2 : 2081$ until 2074$ ( Support + Yearly Resistance 4 ) == Medium Support
Support zone 3 : 1900$ until 1865$ ( Support + Cluster of Fibs ) == Medium Support
Support zone 4 : 1640$ until 1590$ ( Support + Cluster of Fibs + Yearly Resistance 3 ) == Heavy Support
My Suggestion: please do NOT buy Coins for Midterm and Long-term investment until the market finds a way.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅ 'like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe.
Good luck
Blackberry BB has a ways to go finishing Wave CNYSE:BB
Blackberry will continue it's down trend for the remainder of the week. Expect sentiment to be bullish before Earnings with a swift reversal because even if it's good news, it's bad. (Right, shorties?)
We are in WaveC of a correction formed from a 5-wave impulse. Wave3 formed on Friday (06/18). Expect Tuesday to continue/end Wave3. Wave4 forms end of Wednesday or early Thursday for crash after announcement.
$10.50 by close Friday
Still bullish overall, just not this week.
🔥 Bitcoin is on Contracting Triangle 🔥 (Road map)🧐First, I have to say sorry for the busy chart (BTCUSDT) , but my chart needed these lines . Please spend a few minutes on it.🙏
Location : BTC is on Corrective Structure ( Zig zag 5-3-5 ) for about 51 days (From 64795$ until LIVE price) and I think that this correction will take more time from us (maybe 2 months , just prediction ).
My idea : still, BTC is on microwave 4 of Main wave C . as you know, one of the shapes of wave 4 is a triangle . I was able to find the 3 main points of the triangle A-B-C ( Contracting Triangle ). Point C has found with Bearish Gartley Harmonic Pattern + 78.6% Fibonacci (Point A ) until ( Point B ).
For finding Point D , we have to concentrate on correcting microwaves (a-b-c) that are on the way to point D, I was able to find Bullish Crab Harmonic Pattern on the end of microwave a. microwave b can be around 37040$ or 37960$ .
I think that Point D can be around 35698$ == 61.8% Fibonacci ( Point B ) until ( Point C ).
I have three Scenario :
Scenario 1 : when the price arrives to Point D , it can break the lower line of our triangle , and then the price starts to go down, so the end of microwave 4 of Main wave C was at Point C + microwave 5 of Main wave C has started.
Scenario 2 : when the price arrives to Point D , then the price goes up until Point E . Point E can be a Critical Point for us (It is the end of microwave 4 of Main wave C ), better, I had to say that market will decide to go UP or DOWN ( UP will make my Scenario 3 // DOWN will make my Scenario 2 ). If the price goes DOWN at Point E , we can say that microwave 5 of Main wave C has started.
Scenario 3 : when the price arrives to Point D , then the price goes up until Point E . Point E can be a Critical Point for us(It is the end of microwave 4 of Main wave C ), better, I had to say that market will decide to go UP or DOWN ( UP will make my Scenario 3 // DOWN will make my Scenario 2 ). If the price goes UP at Point E , we can say that BTC will go UP by 5 new impulsive waves .
My Suggestion : please do not buy Coins for Midterm and Long-term investment until the market finds a way.
Do not forget to put Stop loss for your positions (For every position you want to open)
Please follow your strategy , this is just my idea, and I will be glad to see your ideas on this post.
Please do not forget the 'like' button :) & Share it with your friends, Thanks, and Trade safe.
Good luck
USDCHF H1 - Ending diagonalIn h1 timeframe, it seems wave C after an ending diagonal 5 waves finished.
but I have to wait for final signs.
I think break out the price of last top that shown on chart with green line is a good sign to shown that wave C is finished.
and it can be a good trigger for a long position.
the red line can be a good stop loss if my analysis will not be correct.
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
Micro wave 3 is a complex wave !!!Last posts were great, I was able to predict TRZ and PRZ on BTC/USD chart.
On this analyze, I tried to show you complex waves & next TRZ and PRZ.
Still, we are on corrective wave (Running Flat, micro wave 3 of main wave C), so please do not open Long position for Long term.
Good luck.
Running flat is running on wave C/TRZ/PRZI published my last post by Classical Technical Analysis.
Now, we are on micro wave 2 of Main wave C on Correction position (End of micro wave 2 is too close).
I tried to predict PRZ and TRZ on BTC/USD chart.
Find Best Trigger for open Short position.
Good luck.
Running Flat/Main Wave C/Flag and Head and Shoulder PatternRunning Flat is running now. I have to remind you, we are on Main Wave C on correction Position.
You can watch Flag and Head and Shoulder Pattern on BTC/USD chart.
Please Find Best Trigger and open Short Position (Do not forget put Stop Loss for all Positions).
Good Luck
Elliott Wave Sell OpportunityWave B usually travels to .38% of Wave A, that would be a regulars Zig-Zag Retracement. If price traves above 0.38%, it will then form a flat correction which will end around or above 0%.
Currently the correction looks like a regular Zig-Zag, after bouncing at 0.38%, C wave will travel down to 1.61%.
Time to finish this downtrend and start move for ATHsWith more data available, I am further homing in on the next reversal point and end of Intermediate wave 4. Due to prior projections and EW guideline violations, this forecast should finally find the end. It looks like Minor waves A and B are both completed. I am still projecting a gain early on Monday, but further downward movement during most of the week. All told I am expecting this week to move down at least 209 points from Friday’s close to the low point of this week. This would equate to a 6.31% drop, during the remainder of Minor wave C if it occurred. Minor wave A dropped 7.74% in 40 hours of trading at the beginning of September. This would see Minor wave C dropping 9.30% in roughly 40 trading hours.
The information below is slightly different from a similar forecast I provided earlier this month which at the time assessed Minor wave A to have lasted 40 trading hours, and waves B and C were estimations based on those 40 hours of movement.
What Minor wave A did:
It lasted 40 trading hours (6 trading days) and dropped 277.64 points. The rise over run (R/R) of this was a loss of approximately 6.941 points per hour. On average, A waves tend to make up 36% of the larger wave it resides in (Intermediate wave 4 in this instance). This means Intermediate wave 4 could last around 102 trading hours. At that time of this writing, Intermediate wave 4 is at least 75 hours long with additional time to go.
What Minor wave B did:
It lasted 22 trading hours (3 trading days) and gained 118.45 points. The rise over run of this was a gain was approximately 5.384 points per hour. On average, B waves tend to make up 21% of the larger wave they reside inside. This means Intermediate wave 4 could last around 102 trading hours. This conforms with wave A’s typical makeup of the larger wave as well.
MINOR WAVE C Estimations:
Length: Wave C should last around 40 hours. This is based on wave A making up about 39.22% of the larger wave and wave B providing 21.57% of the larger wave. This would leave wave C to make up the remaining 39.22%, which is also 40 hours. On average, waves A and C in the same wave are almost equal in length. This would also tie the maximum move that has occurred during specific Intermediate and Minor waves (Intermediate wave 4, Minor wave C) in the history of the S&P 500.
Movement: On average, the typical relationship of movement between A and C waves is 0.8632 which would equate to a drop around 3107. Wave B’s retracement of wave A’s movement is typically 0.37909 that of wave C’s extension of wave A’ s movement. This would equate to a drop around 3116.46.
The 5 wave down pattern estimations are based on Minor wave C moving 40 hours and down to roughly 318.92 from the end of Minor wave B. All estimates are based on the average of the average and median for each item.
Wave 1 typically lasts 27.85% of the larger wave it resides in. Wave 2 is around 10.80%, 3 is 36.45%, 4 is 6.33%, and 5 is 17.64%. Wave 1 typically moves 41.58% of the overall larger wave’s movement. Wave 2 is 19%, 3 is 56.5%, 4 is 22.22%, and 5 is 43.69%. This means wave 1 could last 11 hours and drop 132.61 points. Wave 2 could rise 60.59 points over 4 hours. Wave 3 could drop 180.19 points over 15 hours. Wave 4 could rise 70.86 points over 2 hours, and wave 5 could drop 139.34 points over 8 hours. This would have the ultimate bottom around 1230 on September 24 near 3108.24.
Before trading closed on Friday, wave 1 was likely completed. Even though the estimate was for wave 1 was a drop to 132.61 over 11 hours, it appears wave 1 found a bottom at 3292.40 (a drop of 136.52) over 13 hours which is 2 hours longer than forecasted. This could slide all of the following waves to the right by 2 hours. This could mean the market opens high or hits an early morning high around 3350, or wave 2 has already completed and the next 2 days will be down significantly.
Let’s get ready for another week of volatility. My guess is another down week. I still think we will see all-time highs in October before a nice 700+ point plunge beginning in November
Long/Compra SAPR11: End of ABC Correction/Fim de Correção ABCSAPR11 is almost finishing its Corrective WAVE C down. We should see a thrust upwards marking the start of the next impulse upwards, on it's way to breaks the highs seen on the start of the ABC.
SAPR11 está quase terminando uma onda corretiva C para baixo. Devemos ver um empuxo para cima, marcando o começo do próximo impulso, a caminho de romper o topo feito no topo do ABC.