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Waves

EURAUD - Probable Wyckoff Spring - The ForecastLearn to read the chart. The Story: We are balancing on a significant Fib 61.8 Last SI before the fake break of Fib quite High at 17.6, probable buyers Fake Break = Wyckoff Spring formation start. PVR quite high Plutus comes with a Long signal PRL Abnormal SI of 21.0 = buyers on the way down The reaction : large up volume wave with the corresponding pip move The Forecast and possible entry is shown on chart. If we break that Entry Level line the Spring is confirmed.
Long
by TradeTheVolumeWaves
BTC 1D Head and Shoulders formedI tried to explain this the other day, but I made a mess, being tired and sleep deprived. First, I noticed the H&S forming on the 1W timeframe, shown by VWAP. Although it's an intraday indicator, I also leave it on bigger timeframes for this purpose. It showed a pattern IN the candles. I tried at that point to draw it on 1D, but the pattern wasn't so obvious, so I did it on 2D, where it was more pronounced. When I published the idea, I left the 1D chart on and started talking about 2h instead of 2D. But, If you look at that idea now, You will see that the pattern is fully formed and clearly visible on 1D. The idea from the other day is linked below. Targets remain the same. If the 27k resistance doesn't hold, we have a hole on VPVR down to 25k, and the full potential of the pattern corresponds with the bottom of the 23k-25k range. On my trend waves indicator at the bottom, the ribbon turned bearish (purple), the selling aggression is intense (grey wave), and Binance has problems with withdrawals... If we don't get rejected at 27k, which is possible, judging by the smaller timeframes, we could have quite a pullback.
Short
by RockinHood
APPL Wave AnalysisI included the text analysis in the chart. Short term LONG potential for APPL. We are still in a correction. Depending on how it evolves, we can take future actions. LONG beyond the marked price level or SHORT if the price doesn't go past the marked level. If you agree with this idea, please consider sharing it with others. Thank you. Disclaimer: Technical analysis is for informational purposes only and should not be construed as financial advice. Trading decisions based on technical analysis are the sole responsibility of the individual trader.
CAPITALCOM:AAPLLong
by YExplore
BTC 1W hidden Head and Shoulders pattern shown on 2h Looking at the weekly chart, I noticed a clear H&S pattern on VWAP. VWAP is an intraday indicator, but it can show a pattern in larger frames, like now. I was trying to find a way to draw and measure it clearly on commonly used timeframes, but it is most apparent on a 2h chart. As you can see on VPVR on the right, the neckline is below the 27100 resistance, and if it breaks it, there is a gap down to 25100. But the full potential of the pattern targets 23100. On my trend wave indicator, the weekly trend reached a local top on the 17th and turned bearish at the +60 line. Right now, it is right above the +50 line. That area often acts as support and resistance. And here on 2h, the trend is reversing right above the zero line, which is also strong support. Still, since this timeframe is not usual, this could also mean that trend is being rejected from it. The chart is bearish. Volume is low. But the price is what it is. Trade with the trend. But it doesn't hurt to be prepared. Right?
Short
by RockinHood
WavesUSDT“Half of me is filled with bursting words and half of me is painfully shy. I crave solitude yet also crave people. I want to pour life and love into everything yet also nurture my self-care and go gently. I want to live within the rush of primal, intuitive decision, yet also wish to sit and contemplate. This is the messiness of life - that we all carry multitudes, so must sit with the shifts. We are complicated creatures, and ultimately, the balance comes from this understanding. Be water. Flowing, flexible and soft. Subtly powerful and open. Wild and serene. Able to accept all changes, yet still led by the pull of steady tides. It is enough.”
WLong
by Raindropas
🔥 Bitcoin's Worst Case Bullish Scenario 🚨Back in January I made an analysis on Bitcoin where I argued that the bottom was likely in. I used the support drawn on the chart as one of my main arguments. Seeing that this support has dictated BTC's price action for nearly 6 years, it's definitely one you should keep an eye on! Seeing that there's a lot of bearish views on the market lately, I want to take a look at the worst case bullish scenario. In my eyes, this would be a move towards the dotted purple support. A break below this point would break a 6-year market structure, which would be very alarming 🚨. As long as we will not get a full-on stock market crash, I don't see BTC falling below this support, thus staying long-term bullish. I don't see BTC revisiting the bottom support at this point in time. I'm first looking at the 25,000 area as explained in my Elliot Waves analysis below. Nevertheless, it's important to consider different scenario's and outcomes.
CRYPTO:BTCUSDLong
by FieryTrading
7
🔥 Bitcoin Rising Wedge: Oversold Bounce IncomingIn my most recent BTC analysis I talked about the rising wedge pattern that was formed and my bearish short-term view on the market. Both targets have been hit, with 27,200 marking the bottom area. Congratulations if you took the trade! Bitcoin is currently oversold at the longer time frames like the 4H and 8H. Consequently, I'm expecting some kind of bounce in the coming 1-2 days. Ideally we will move towards the blue area where some heavy resistances lie. This would be an ideal area for the bears to short. With the stock earnings season being much weaker than anticipated, the risk is currently to the downside. So, I'm not expecting that this is the bottom yet. 26,500 is my next target. Keep in mind that we're currently still trading in a long-term uptrend, so it might be a perfect moment for bulls to pile in, which is currently what we're seeing on quite some alts. As explained in my Elliot Waves analysis, I see it more likely that we will go down more, simply because the supports around 25,000 are much stronger.
Short
by FieryTrading
10
🔥 Bitcoin Following Elliot Waves Pattern: Fourth Wave Started?Over the course of the last few weeks I've made several analyses on BTC and the Elliot Waves pattern it's potentially trading in, see below for the most recent one. In my previous analysis I argued that there was reason to believe that the third wave topped because we were trading inside a very important area of resistance and the RSI was touching the overbought area. And here we are. We gave away all of last weeks gains and things are looking bleak in the near-term. It's difficult to predict where the 4th wave will bring us, but the 25,200 support is the strongest support area in sight, so I'm holding on that area for now. Immediate future looks bearish, but there's still a decent probability for a next wave up. Share your thoughts🙏 Note on the lengths of the waves: take them with a grain of salt and not as an exact science. I'm merely attaching them to important areas of resistance.
INDEX:BTCUSDShort
by FieryTrading
9
TSLA going to January Lows TSLA - Elliott Wave Analysis There maybe more dramatic Waves out there for Tesla. But for me I had this count since April last year so I am gonna stick with it. I see a WXY correction. And we are now in minute wave iii of minor wave C of intermediate wave (Y). Foron this WXY pattern the most common Fibonacci ratio is equality between W= Y. In our case equality is around 103.95 We also have natural graph support around 103 from the previous low in January our wave A of (Y). What are your thoughts on TSLA ? Legal Disclaimer: The information presented in this analysis is solely for informational and educational purpose and does not serve as financial advice.
NASDAQ:TSLAShort
by WavesInvesting
1