Waves
Has the bullish wave started for Bitcoin?!Hello traders
In a previous analysis, I mentioned that Bitcoin has reached a support area, and the wave analysis indicates that there is a possible bullish wave, and indeed, Bitcoin has started to rebound, now we can see buying
As for me, I will wait for a break of 17200 and a clear correction on the 4-hour frame. If these conditions are met, I will execute my trade, and the target is 26 thousand
Waves vs Bitcoin Also Bullish (130% Potential)We looked at Waves vs Tether (WAVEUSDT) and how it hit its lowest price in 2 years, we also have early reversal signals.
For Waves vs Bitcoin (WAVESBTC), we have something similar.
First, the low set is the lowest price in more than 2 years.
And we have the early breakout signals based on candlestick reading as well as a strong RSI at low prices, increasing volume so on and so forth.
The bottom line is that this altcoin pair is all ready to switch from RED to GREEN.
Namaste.
Waves Getting Ready To Grow (200% Possible)After the 8-9 November crash and low we can WAVESUSDT showing early reversal signals.
Easy to spot is the strong RSI at very low prices, the lowest prices in 2 years for WAVESUSDT yet the RSI is above 50.
This signals gives it away.
Next, we see high volume yesterday, today green while major altcoins and Bitcoin are showing a retrace.
This tell us that Waves is getting ready to grow and that the correction we are seeing on Bitcoin and the major altcoins should be quick and small.
The targets are marked on the chart.
Namaste.
[11/28] Bitcoin analysisThe convergence section formed from November 22nd has not been broken yet.
As the NASDAQ closed until the weekend, the horizontal walk has been prolonged, and with the opening of NASDAQ today, it will be able to bounce in one direction.
It's a day to expect volatility.
Let me give you two directions at this point in time, which are seen as Elliott waves.
First, the rise of the ABC wave.
The longer convergence section is interpreted as B wave, and the transaction volume is also converging based on the four-hour rod, and the resistance from the top line of convergence and support from the bottom line of convergence are so good that it is highly likely to converge.
To sum up from the beginning, the waves that started from 15.5k were viewed as five A - impulse waves, and then the adjustment for the rise came out in the form of a period adjustment, and then the B convergence, and then the C wave came out as an impulse.
5 - Convergence - It is a plot that rises in the form of 5 ABC, and the A and C values can rise to 17.7k with 1:1 digits.
If you reach 17.7k, there is a high probability that the fall wave will begin due to resistance near there, so the short position profit and loss ratio looks good.
Secondly, it is possible that the current interval is not convergence adjustment, but ABC adjustment.
As with the first view, the increase from 15.5k to 16.8k is viewed as an A - impulse, and the subsequent view of adjustment is different from the first view
The view is that after rising to wave A from 16.8k to 16.3k, then rising to wave B, then falling to wave C.
In this case, the volume of transactions should accompany the transaction within a short period of time and leave the convergence bottom line strongly.
Since it's a picture of falling to the adjustment ABC, it seems that the profit and loss ratio of the long position is good, and the position with a good profit and loss ratio of the long position will be the Fibonacci 0.618 and the value of B-a and B-c of 1:1.618.
Check the bottom line of convergence carefully, and if there is a downward deviation with a strong transaction volume, you can interpret it from this point of view.
Other things to check;
First, it's a powerful selling point that was formed in the previous convergence. A strong stand resistance is located near 16550.
There is a high probability that this section will not be easily penetrated, and if it rises through this section, you can expect an additional increase, and until this section is pierced, it seems to be a little more likely to go downward.
First of all, it's a four-hour stalker.
The four-hour Stoecast shows its appearance before the fall, with its head tilted downward from its high point.
The six-hour Stoecast is converging and is likely to bounce in one direction.
Ilbong Stoecast, like 4-hour Stoecast, has bent its head from the high point.
I think the probability of going down is still a little higher.
This week's weekly salary deadline is expected to be very important.
If this week's main salary ends with beekeeping, it is expected to continue its rise, and if it ends with a music salary, you should be careful about the decline. (Importantly, how the candle shape is formed, tail/shape, etc.)
The monthly salary deadline is not far away, but it's quite negative for the monthly salary. It has left the important section of 17.6k and has not yet recovered, so you should be careful about the mid- to long-term decline.
WAVES Protocol is in a nice trading rangeI love seeing coins like this and .... just trade the range
( buy near the bottom and sell near the top )
Important - DO NOT try and get the absolute bottom or the absolute top ( this will cause you to miss trades or hold coin longer than expected )
price movement prediction
Price Prediction
not financial advice
this is for entertainment purposes only
always DYOR
" GBPUSD " Wolfe Pattern And golden ZoneHello Trader's ,, Let's Explain Together The Movement For GBPUSD For Next Days ,, And What Will Happen ,,
We Can See On Chart 2 Reasons To Sell From This Area ,,
1- Wolfe Waves Pattern Done And Ready To Down
2- Golden Zone With Our secret Numbers On Chart
The Target And Stop Lose On Chart ,, Hope To Be Always In Profit With Us