WAVESBTCWAVESBTC
The situation for WAVESBTC is quite interesting - the coin has broken through its support line and is trying to find a new bottom. . WAVES should be considered for purchase only after the appearance of significant news or positive changes in the project. We do not recommend entering large volumes now. In case of any news, we will inform about everything in the channel.
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Waves
WAVES IDEA!BYBIT:WAVESUSDT.P
My waves idea is at its low and we actually broke out of the bottom but quickly wycked up! i cant afford to cover the risk that actually covers that bottom so the question is am i willing to risk the 1% on this and set a limit or should i wait and play it cool and because im mentioning this i will set a limit but keep my risk even tighter maybe 0.5%. I will update this asap!
Thank you!
Hellena | GBP/USD (4H): Short after wave 5!Last week, there was a strong channel breakout that changed our plans! Interestingly, I still expect the price to reach the option contract level of 1.23973 in the future, but for now let's focus on closer targets. I anticipate that Wave 3 is not yet complete, so I expect Waves 3, 4, and 5 to follow. Then, I anticipate a correction to the level of 1.27422.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
🔥 Bitcoin Elliot Waves Pattern: Right On Track!A couple of weeks ago I made an analysis on BTC and the presumed Elliot Waves pattern it was trading in. I wrote that it was possible that ~31k was the 3rd wave top because it aligned well with an overbought RSI.
Looking back, the previous analysis caught the top quite well.
Like mentioned it all my previous Elliot Waves analyses, I see it likely that we're going to move towards the 25k - 25.5k support area. This area is very important because it pinpointed both the Summer-2022 top and the first wave's top.
In my view, it's still possible that we will go up and make new 2023 highs. Assuming we're following an Elliot Waves pattern, we can top between roughly 36k - 40k.
A move below 22k will invalidate this pattern.
US30 Wave and Price action AnalysisHello, traders
We have a bullish impulse wave and a regular flat correction pattern, and another bullish impulse wave started, breaking the last top of the sellers, and we have a small correction that ended, and the buyers began to push the price with increasing momentum. This indicates that US30 is heading to break 34273 first, then 34896
Hellena | EURUSD: The last wave is moving towards lower levels.At the level of 1.07500, impressive contracts on the euro futures were formed. This may indicate that the price will move towards this target, then make a new low, we will see a strong pattern, and then enter a long position with targets from the main idea.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
When do we sell a symbol? Expiry went fine the 2nd June, it has various bullish remarks at the end, the volume spikes spoke for themselves. Now there is new danger ahead, economy is hanging onto verges of a single man, and typically now the popular opinion is that he shall be left with no other option than greening the signal light and another rally is expected. Many weeks have gone by when Hawkish behaviour hysterically chose the opposite stand than what was popularly spread or wrongly articulated by the media houses. Fund managers are having a gala time because on one switch the retailer accumulate huge lots and their low cost investment earns a fortune and at another switch they sell what is a cheap calculated risk investment for future. TSLA is going to sink yet again and AAPL shall make history.
WAVESUSD Channel IdeaAn idea considering a channel upwards on waves and subsequent price reversal at bottom of channel
Inverted H&S in circles
JPY INDEX ELLIOT BREAKDOWN Currently, we are at the last wave of the overall wave which is the wave 5. Expect rejections around 775.0 price level. baased on the previous candles that left a gap without filling, expect price to fill it in the future and that will be the target after breakout of the red trendline.
Hellena | GOLD: Completion of the 5th wave and go Long.Dear colleagues!
According to wave theory, we are expecting the completion of the 5th wave. However, an Ending Diagonal wave pattern is also possible.
I will determine the entry range after the completion of the 5th wave movement.
Stay tuned for updates on the idea, so as not to miss information on which levels to enter the trade!
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Retest Potential and RSI EquilibriumWAVES, after breaching below its previous levels, appears to be eyeing a potential retest of the resistance zone within the price range of $1.825 to $1.861. Notably, the current Relative Strength Index (RSI) level is at 49, reflecting a state of equilibrium between buying and selling forces. This suggests a moment of market indecision, where caution is advised. Traders can consider short-selling opportunities in this zone, while exercising prudence and waiting for additional confirmation signals before making any decisive moves.
Gold is still Bullish.... !!! Target 2100Gold is still bullish on the higher time frame. You will start to see a bullish run to 2100. As you can see on the chart, gold a still making a higher highs in the 4hr time frame.
Please learn about chart patterns to see how to identify them and how they can help you in trading.
Good Luck.