first toward 40000 and then 63000a clear divergence on macd indicating a downward move toward 40000 or further down toward 36000
but as the price is going out of thick kumo cloud of ichimikou ,so coin will rally after this short temprory downward move toward its target @63000
please share your comment tnx
Wolfe Wave
BTC DOMINANCE (BTC.D)After analyzing the recent behavior of the market, Bitcoin dominance(BTC.D) is completing a downward pattern.
Finally, i expect the target to recive to the 40% range, and then we will see the growth of BTC dominance.
In such a situation, expecting the growth of altcoins is not far from the mind.
But each coin must be considered separately.
BTC.D = Down
target = arround 40%
As always, do not forget about your SL
Good Luck
$ETHUSD | ALL TIME HIGH'S DEFINED BY PROPRIETARY MODELThe targets on this chart are produced by a proprietary model. Data is fed into the model, the output is the targets you see on the chart.
In the context of ETHUSD this really signifies that there will be a massive amount of capital entering the crypto market, in the coming months/years.
Dow Jones (US30) - Short OptionHey guys! There could be a short option in the Dow Jones (US30) in few hours. We have a Wolfe Wave here that ends nicely with an ABCD and a deep crab / butterfly . I'll post the intraday patterns in the updates.
The black Retracements are my Take Profits!
Good luck!
-No financial advice
Bullish Wolfe wave after a bearish one? Do we get from a bearish wolfe wave (yellow) a bullish one (green)?
Point 1 - 2- 3- 4 is already there.
I want to see a reaction at 1.618 FIB from point 3-4 first to see if it becomes one.
The bullish WW would make the target area of the bearish almost impossible unless it becomes a quick squeeze.
It's a precursory look at the next few days.
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BullvsBear Academy
bearish wolfe wave BTCUSD Bybit I see a bearish wolfe wave at bitcon.
The Gundstruktur stands already, we have the High-Low-HH and HL, in the overbought area we were also already and have respected the limit for now.
In addition (not to be seen on the chart) we are in a strong resistance zone.
For more than 80 days, we are in a range after the big sell off in mid-May.
I doubt that we will break out of this without pullback to the top.
The target would be matching the middle of the range.
Definitely worth a trade.
EurUsd (Long Early In Week)EurUsd has a low ADR, so only except 60 pips on Monday--- to the bullish side. Will be setting up trade with that in mind:
1) Enter: 1.18200 (once price action hits this, in trade)
2) Stop: 1.18000
3) Target: 1.18600
Risk Reward: 1:3 or 20 pips vs 60 pips on this trade setup.
This setup is related to bullish wolfe wave pattern setup, resistance at target and other analysis of big picture to trading chart.
This is a set it and forget it trade, using right risk management for your account size, which is generally around 2%.
$KODK Bear TrappedLooking to fill the 7-6 gap up shorts are vulnerable to a gamma squeeze… A gamma squeeze occurs when market makers are hit with a imbalance of puts v calls and then very quickly call orders come in causing market makers to cover Delta in short order..: the momentum begins and inertia follows… this is one that people have come back to y/y… look for this to happen when the market finds support around 4250+ then quickly load up on calls..: these are tough to pull off so I would look to coordinate @ 10:45