Nice Falling Wedge in the Oven. Prepare for a long
Looks like a Wycoff Accumulation is on the plays. Be prepared for this scenario
This path seems legit to me. What's do you think guys
Seems that we have a nice falling bullish wedge on the Daily/ Weekly. Nice support at 147 ish and also that will close the CME gap. I would say a nice bounce is coming
Is this an opportunity of a lifetime? Ultra mega falling wedge!!!
Target to the falling wedge 102 USD . AVAX/ETH and AVAX/BTC we also have a huge falling wedge!!
Currently we are in a descending channel (falling wedge) so I expect that it will reach 29 ish due to Elliot Wave theory ABC
EGLD to 57 USD EGLD to 57 USD EGLD to 57 USD EGLD to 57 USD EGLD to 57 USD EGLD to 57 USD EGLD to 57 USD EGLD to 57 USD EGLD to 57 USD EGLD to 57 USD EGLD to 57 USD EGLD to 57 USD EGLD to 57 USD EGLD to 57 USD EGLD to 57 USD EGLD to 57 USD EGLD to 57 USD EGLD to 57 USD EGLD to 57 USD EGLD to 57 USD EGLD to 57 USD
In my analysis of the Elliot wave theory I can determine that the 3rd wave is still to be completed and therefore the price might go to 70 Euros. Additionally there’s a huge D support, the VPVR confluence and 0.78 fibonacci retracement level.
I hope I'm completely wrong but to me looks like we are in a descending channel right now, we have touched the golden pocket (2300 USD level end of wave A) Possibly 2900 usd was the top of the second wave B and still we need to end the third wave ( 1800 USD ?. So again Elliot Wave theory + descending channel + .078 Fibonacci retracement = BOTTOM?
If my analysis is correct I think we go to 2300 according to the Elliot Wave theory + support + 0.7 fibonacci level confluence.