Tesla Wave Trading Unlocked: Easy 30-Minute BreakdownI was all set for Tesla to move downward, but things didn’t go as planned. Now, I’m switching gears and ready to explore an exciting potential rally instead! I’m keeping a close watch as Tesla inches closer to those crucial resistance levels, especially the $272-$278 zone. Every resistance level is a new chance for us to take action, and I’m right here with you for each twist and turn. Together, we’ll see how Tesla responds—will it break through or meet resistance? Let’s dive into this thrilling market journey, because I’m fully committed to helping you stay ahead and make the most of every opportunity!
Wavecounting
Targets and possible movements of Bitcoin, before the halvingTargets and possible movements of Bitcoin, before the halving
According to the Elliot wave count and the support and resistance ranges as well as the possible channel, we can expect to reach the $50,000 target before the halving, which happens around May 2024.
At any time before this goal is reached, if the bottom of the ascending channel is broken, the current uptrend will end.
M2KU2023 SHORTIf you look at the TrendCloud on the continuous contract you will see that it likes to go 5 waves up and then 7 waves down most of the time. It worth taking an aggressive entry at this demand zone because you have asymmetrical leverage. Meaning: the reward is much bigger than the risk. Go for it.
#BITCOIN #BTCUSD WAVE COUNTINGConsidering the strength and slope of price growth from $16,500 to $24,000, we are probably in an impulse structure.
But we cannot comment with certainty about the status of this pulse wave. So this impulse structure is either wave 1 of a larger five-wave structure, or wave A of a zigzag correction.
So, according to these two scenarios, we can expect the possible ranges of price movement in the next four to six months, as shown in the chart.
Nifty 50 Wave C Prediction (Expanded Flats)Based on my previous Nifty 50 charts this time I tried to explain more with texts and markers on chart. I hope it would help you to understand. This is just my prediction, It could be wrong anytime.
After wave A to B retracement which was almost 0.382 from the previous wave (Must mention that SGX Nifty was 17014 that day, exactly where I pointed out) now the wave C could be 1 to 1.414 (Between 17748 to 18031). But I would say wave C must be not more than 17900,
The yellow box is the sideways box. Dashed lines are all trend lines.
Hope you traders will like it. Thanks for viewing ":-)
BTC (Bitcoin) - 45 Min - UpdateThis is my revised wave count to account for multi wave extensions nested. Bitcoin while completing an ABC Flat (Irregular / Expanded) correction, touched the Golden Zone, and then bounced up to complete Wave C of the Flat.
Special Tip: Flats (Irregular / Expanded) are quite common, as they inevitably run stop losses on both sides, and further introduce new liquidity into the market by so.
BTC - 45 Min Chart Update - ExtensionPossible extension of Wave C (in the minute degree) of within the larger Wave B (in the Minor Degree).
Extensions can only occur within Impulse Waves 1,3, & 5, therefore extensions can also occur within Waves A & C of corrections.
Extensions, are better known as nested waves. As we know that within Elliott Wave theory rules, Wave 4 cannot overlap with Wave 1. Thus, if the anticipated wave 4 overlaps with the previous Wave 1, then anticipated Waves 3 & 4 need to labeled as Waves 1 and 2 (again) but in the next lower degree.
$AMZN (Amazon) Stock - AnalysisIn my opinion, Amazon has completed (or is about to complete) a full market Supercycle: Impulse Wave (I) and Corrective Wave (II).
What I would anticipate would be for Amazon to accumulate during the recession and then emerge out of it with Supercycle Impulse Wave (III).