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Elliott Wave Analysis for MATIC/USD (Polygon) 1W Time Frame Chart The chart presents a detailed Elliott Wave analysis with corrective patterns, Fibonacci levels, and a long-term price projection. MATIC is currently in a final corrective phase (Wave C of an ABC correction) within a descending channel. A potential bottom formation near the 0.618–0.65 Fibonacci...

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Analysis of WIF/USD Chart Using Elliott Wave Theory 1. Elliott Wave Count & Structure: The chart follows a clear Elliott Wave multi zigzag structure. The impulse wave peaked at around $4.86, marking a significant high. The correction followed in a three-wave ABC structure, which seems to have found support at a key Fibonacci level (0.618 - 0.65...

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Analysis of the IOTA/USDT Weekly Chart Using Elliott Wave Principle Overview & Key Elements The chart represents the IOTA/USD pair on a weekly timeframe with Elliott Wave structures, Fibonacci retracements, and channel trends. Key observations: • completed five-swing downtrend. • corrective wave (ABC) retracement following the previous bear market. •...

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Expanded Flat Pattern Wave A (2022 Crash) • Tesla dropped from ~$415 to ~$100, forming a three-wave (ABC) decline. • This marked the first phase of the Expanded Flat. Wave B (2023-2024 Rally) • Tesla rebounded strongly to ~$360-$400, retracing about 61.8% of Wave A. • Then overshoot beyond Wave A’s starting level confirms an Expanded Flat structure. Wave C...

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COTI / USD * Daily Elliott Wave Principle Fibonacci Trend-Channel analysis.

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Neutral bias considering both the bullish as well as the bearish EWP counts. # According to cryptonews.com : The biggest meme coin sensation in 2024! Be careful with meme coins So let you guide by BTC and VIX if you want to invest in this coin.

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The RSI on the lower part of the chart, currently around 39, indicating a slightly oversold condition. This suggests the market could be near a potential bottom, but further confirmation is needed. If this ABC correction holds, the price might find support near the 0.786 Fibonacci level ($15.65) or the lower boundary of the channel. This could signal the end of...

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1. Long-Term Downward Channel : The price has been contained within a long-term descending channel, and it remains below the upper boundary of this primary channel. The fact that the price has stayed within this structure suggests that the broader downtrend may still be intact unless there is a strong breakout above this channel’s upper resistance line. 2. ...

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Let’s break down the potential Elliott Wave scenarios that may unfold, along with alternative possibilities. I’ll review the key details of the chart I provided: Primary Scenario: Completion of Corrective Wave Wave Count: • It appears that RIOT has completed a large corrective (A)-(B)-(C) wave. • The (A) wave bottomed around early 2020, and the (B)...

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As of October 2024, NASDAQ:CGC TSX:WEED is positioned within a significant Elliott Wave cycle, suggesting a complex market environment. Elliott Wave Analysis: Wave Structure: Wave 3 is currently in progress, with expectations to bottom around $2.46 to $2.06 CAD. This wave represents a major impulsive move downward. Wave 4 is anticipated to follow, retracing...

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Today's chart is a monthly time frame of PayPal Holdings, Inc. ( NASDAQ:PYPL ), showing an Elliott Wave count on the price action: 1. Elliott Wave Pattern: The chart suggests an impulse wave structure, with labels for the five-wave upward movement (labeled 1, 2, 3, 4, and 5), followed by a potential corrective wave (A). The impulse waves have been forming in an...

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The chart for Intel ( NASDAQ:INTC ) shows an Elliott Wave analysis of the stock’s price action from its IPO in 1971 to the present: 1. Price History and IPO: The chart marks Intel’s IPO on October 13, 1971, with the stock price adjusted to $0.30, reflecting the stock splits that occurred over the years. 2. Elliott Wave Pattern: The chart shows an Elliott Wave...

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Provided is a detailed Elliott Wave analysis for Transocean Ltd. ( NYSE:RIG ) stock, showing a long-term projection from the 2020 low to 2027. Price Targets and Fibonacci Retracements: Key levels suggest the price could potentially keep dropping to the HWB (50% FIB / 2.40) based on the current trend. Fibonacci extension levels suggest further price...

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The chart is suggesting that NASDAQ:BBIO is in the process of a Wave 4 correction, which should push the price lower in the short term. The correction appears to be reaching support levels near $18 or $17, which could be a good area for a reversal. If the correction holds these levels, the next move could be a Wave 5 rally, targeting around $61 and above, based...

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Technical analysis of Moderna, Inc. (MRNA), using Elliott Wave Principle along with Fibonacci retracement levels. Here’s a breakdown of what I observe and what it might mean: 1. Elliott Wave Count : The chart features a labeled Elliott Wave pattern, with clear impulse waves and corrective waves (A, B, C). We seem to be in the C wave of a larger corrective phase,...

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The chart shared shows the historical weekly price action for Jumia Technologies AG ( NYSE:JMIA ) and includes several key Fibonacci retracement levels. Here are a few observations based on the chart: 1. IPO Price Reference: The chart marks Jumia’s IPO price on April 12, 2019, at $18.95, which has since acted as a resistance level. The price is currently...

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Given that the stock is near the upper trendline and within Wave V, there could be limited upside left in the current cycle. A few possibilities: 1. Continuation to Upper Resistance: META could continue pushing higher, potentially towards the $676 range (upper channel boundary), but likely face strong resistance. 2. Correction After Wave V: Once Wave V...

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Golden Pocket (~$1.37): The price is currently hovering around this critical Fibonacci retracement level, marking it as a significant support zone. The price is trading within a long-term downward channel, which started after a major peak (early 2000s). The stock has followed this downward trend consistently, and despite short-lived bullish corrections, the...