Waves feels strongUpcoming waves 2 update. But waves pump and dump every time, and i think we can see it again :)
Waves
HSBC Day to Investment Conservative Trend TradeConservative Trend trade 7F
+ long balance
+ ICE level
- support level
+ 1/2 correction
+ biggest volume 2Sp+
Calculated affordable virtual stop loss
Take profit:
+ 25% 1/2 R/R
+ 75% T1 of Monthly
Hourly Context
+ long impulse
Daily Context:
+ long impulse
+ 1/2 correction
+ T2 level
+ support level
+ biggest volume 2Sp+
Monthly Context:
+ long impulse
+ SOS level
+ 1/2 correction
+ support level
+ 2Sp- + test"
WAVES/USDT - Cool as cucumber | Dump and Pump #WAVES/USDT Analysis
Description
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+ After gradual crash over the month, we are seeing a decent bounce back in the price
+ If this bounce back is really a next leg of the long trend then we are looking the price to reach next major resistance
+ If the bull trend we have multiple minor resistances and those resistances can be broken very easily if the trend is strong
+ Lets see how the price reacts and enter the trade only after the confirmed breakout
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VectorAlgo Trade Details
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Entry Price: 2.357
Stop Loss: 2.014
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Targets 1: 2.430
Targets 2: 2.550
Targets 3: 2.750
Targets 4: 2.900
Targets 5: 3.075
Targets 6: 3.220
------------------------------
Timeframe: 4H
Capital: 1-2% of trading capital
Leverage: 5-10x
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Enhance, Trade, Grow
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VectorAlgo
PFE Consevartive Trend TradeConservative Trend Trade 1F
+ long impulse
+ JOC test level
+ 1/2 correction
+ biggest untested volume Sp
Calculated affordable stop loss
(virtual if it hits the alarm I'll put a limit order
to break even and if it doesn't reach it
I'll HODL with dividends till original take profit)
1 to 2 R/R take profit
with possible extension to 1/2 for monthly range
Monthly context
+ long balance
- expanding ICE
+ 1/2 correction
+ biggest volume manipulation without result
PEP Conservative Trend Trade LongConservative Trend Trade 2R
+ long balance
+ 1/2 correction
+ support level
+ biggest volume Sp
Calculated affordable virtual stop
(if price will hit SL level, I'll move TP to break even
and if it will not activate, will HODL
and receive dividends till it recovers)
1 to 2 R/R take profit
Monthly context
+ long balance
+ ICE level
+ support level
+ biggest volume 2Sp-
+ test
SEIUUSDT.P Conservative Trend Trade 5RConservative Trend Trade 5R
+ long impulse
+ SOS level
+ 1/2 correction
+ volumed 2Sp+
+ weak test
+ first bullish bar closed entry
Calculated affordable stop loss
1 to 2 R/R take profit
with possible extension to 1H chart
Hourly chart context
- short impulse
+ volumed T1
+ biggest untested volume 2Sp-
+ uncompleted test into 1/2
+ support level
+ Day support level
FTMUSDT.P Aggressive Trend Trade LongAggressive Trend Trade 4R
- short impulse
- unvolumed T1 level
+ support level
+ biggest volume 2Sp-
+ 1/2 corrected weak test
+ first bullish bar closed similar level entry
Calculated affordable stop loss
1 to 2 R/R take profit
Monthly chart context
+ long impulse
- expanding ICE level
I'm a bit concerned T1 doesn't have volume = price can spring biggest volumed spring before turning long. Will see!
PFE long Hourly chart Conservative Trend TradeConservative Trend Trade 1F
+ long impulse
+ JOC test level
+ 1/2 correction
+ biggest untested volume Sp
Calculated affordable stop loss
1 to 2 R/R take profit with possible extension to 1/2 for monthly range
Monthly context
+ long balance
- expanding ICE
+ 1/2 correction
+ biggest volume manipulation withou result
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waves longhello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
WAVES target 5.11D time frame
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WAVES is creating a rounding bottom structure, it takes 1.5 years to build this structure, so the structure integrity is high. Also, WAVES is on an upward trend and got support at 0.382 Fibonacci Reteacement; therefore, we can set a trading plan that reach 3 conditions to long.
-
TP: 5.1 / 6.2
SL: 2.313
$WAVES breakout!BINANCE:WAVESUSDT : waves has finally broken out from weekly MA50.
If history repeats itself, we can expect to see a big rally from now up to $30-35 range.
WAVESUSD - W IdeaAn idea suggesting a bullish run for Waves, that we have hit a bottom and price is return upwards within this sloped channel plotted.
The W pattern may be relevant.
Bullish on this Weekly timeframe
WAVESUSDT.1DBased on the given data, WAVES is currently trading at $2.997 against the USDT. The Relative Strength Index (RSI) for 4 hours, 1 day, and 7 days are 69.43, 73.55, and 69.81 respectively. These values indicate that the currency is nearing an overbought condition and may experience a pullback.
The MACD (Moving Average Convergence Divergence) for 4 hours, 1 day, and 7 days are positive, which is a bullish signal. The Bollinger Bands (Bb) for 4 hours, 1 day, and 7 days are also above the current price, suggesting there is room for upward movement.
There are strong supports at $2.786, $2.627, and $2.412 for the 4 hours timeframe, $2.491, $2.045, and $1.808 for the 1-day timeframe, and $1.928, $1.453, and $1.228 for the 7 days timeframe. This indicates that there are multiple levels where the price can potentially bounce back if it falls.
On the other hand, key resistance levels are at $3.468, $3.942, and $5.372 for the 4 hours timeframe, $3.341, $3.963, and $4.802 for the 1-day timeframe, and $3.450, $5.379, and $7.283 for the 7 days timeframe. These are the levels the price needs to break through for an upward trend to continue.
In conclusion, the currency is showing signs of bullish momentum as indicated by the positive MACD and RSI nearing overbought conditions. However, traders should be cautious as a pullback may occur due to the high RSI. The support and resistance levels provide potential entry and exit points for trading.
Please note that this analysis is based on the given data and may not be 100% accurate. Always do your own research and consider other factors before making investment decisions.
LINKUSDT - Elliott Wave Analysis - BullishBINANCE:LINKUSDT LINKUSDT - Elliott Wave Analysis - Bullish
Article: The price chart analysis of ChainLink (LINK) using the Elliott Wave Theory, with lines drawn by this indicator, highlights it as one of the cryptocurrencies to watch.
The long-term (1-week) price chart of ChainLink (LINK) has shown a bullish movement since 2020, breaking through several key resistance levels and continuing to climb steadily.
The structure created by the indicator's automatic line drawing clearly shows that we are potentially in wave 3 of a bullish trend while concurrently in wave C of a bearish correction. Therefore, we expect prices to reach levels at $86, $105, and $137 respectively.
However, other factors should be considered when forecasting future price directions such as fundamental asset factors, technical factors, and economic conditions. The fundamentals for LINK are strong due to its popularity as a DeFi project with increasing real-world usage. Technical indicators support an upward trend.
Factors supporting the upward trend for ChainLink include:
Growth in real-world usage of ChainLink.
Partnerships with new allies.
Launching new products and services.
Risks against the upward trend for ChainLink include:
Global economic recession.
Volatility in cryptocurrency markets.
Competition from emerging technologies.
Conclusion
In summary, the long-term (1-week) ChainLink price chart indicates a robust upward trend, with expectations of breaking through key resistance levels, specifically at $53. Currently, the price is in an accumulation phase, poised for a soon-to-come upward adjustment. Additionally, it is noteworthy that the price has been consistently adjusting upward on a weekly basis.
WAVES ANALYSIS (1D)On the chart, the candles have CH and bullish mCHs.
Also, a pool of liquidity is formed under the candles, and to break it, the candles must meet a significant resistance.
I have specified the resistance on the chart, also below the resistance we have another liquidity pool.
It is expected that by maintaining the green range, the price will move towards the indicated resistance
Closing two 4-hour candles below the green range will violate the analysis
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You