Hello TradingView community and my subscribers, please if you like ideas do not forget to support it with your likes and comments, thank you so much and we will start. Idea: ABC (2nd wave) on the grand level is mostly finished The 3rd bullish (impulse) wave should start soon and will reach be at least the same size as the 1st grand wave We see that now...
We see that accumulation is finished and the inner triangle pattern is broken up. Now we expect the price to reach a resistance level, which at the moment may be also resistant of the bigger triangle pattern (please, check the link to the related idea ). This will be our T1 (0.9165). Link to the related idea: ON RSI we have only one touch of the upper level...
IDEA: We see descending triangle pattern and also we know that the market is in the 2nd grand wave according to Elliot Wave Theory. It means, that most probably after descending triangle pattern breakout we can expect a support test and then big bullish movement (3rd grand wave according to Elliot Wave Theory) marked with the yellow arrow on the chart. This...
Hi community, hope everyone is ready for a new quick opportunity. The market now is in the grand 2nd wave (most probably ABC structure, now in C wave). And the wave structure can be different. That's why I want to play quick trades waiting for the market reversal. Some proofs: We see low RSI on the 5h chart + overbought signals on Bollinger Bands + the...
Hi community, hope everyone is ready for new opportunities. This is the update on the linked idea, which we published yesterday. The market now is in the 4th wave (most probably ABC structure, now in A wave), as we finally see 5 waves down in the 3rd wave. We should wait for wave C. We should wait for RSI > 70% when we will be in the C wave. This will...
Hi community, hope everyone is ready for new opportunities. This is the update on the linked idea, which we published yesterday. We now are in the 4th wave (most probably ABC structure), as we finally see 5 waves down in the 3rd wave. RSI has 3 ticks in the bottom zone near 30% level. We see three upticks on the histogramm on MACD. The 4th wave most...
Hi community, hope everyone is ready for new opportunities. We now are in the 4th wave (most probably ABC structure) The 4th wave most probably will finish and the market will reverse at the golden ratio zone of the 3rd wave (0.65-0.618 Fib) marked with two orange lines. I think so, as according to the EWT theory waves 2 and 4 usually are different, which...
As was predicted in the previous idea, now we see the last 5th wave down in the grand ABC structure before the market reversal and the beginning of the 3rd grand wave up. Let's short. According to the Fib ratios and Elliott wave patterns we can assume, that this 5th wave down will be of the same high as the 1st wave (blue line = 1st wave high) and also will be...
- The 4th wave (ABC structure) finished as expected and the market reversed (5th orange wave down) - We see 1st impulse wave of the 5th orange wave down. It is mostly finished. - I think the best way to enter the market (short) or to sell assets is to wait for the 2nd wave which should retrace the 1st wave. This zone is marked with blue rectangle. - The best way...
I expect 4th wave down in the greater C wave next day or two and than final 5th wave in the greater C wave with T about 45 800$ - 46 000$. Arguments: - this is 200EMA on 12h chart - C is already bigger than A, and usually, C is 1,618 of the wave A, if it is bigger, and 1,618 of the A wave is on the same level After reading the target, we can expect huge movement...
Personal opinion: now we are in the 2nd wave of the C wave and BTCUSDT will continue to go up at least till the FIB level of 0.382 (44 800$), but it seems it will go even higher (~47K).
- RSI divergence - Extended and ended 5th wave (2.618 FIB extension) - Usually after 5th wave extension ABC retrace down to the 2nd wave of the 5th extension - FIB Cluster (0.618 retracement of the impulse wave)
- Overbought RSI - MACD is extra high + several cross - ABC pattern (B finished) - Target of the 4th wave level (acts as a resistance)
- RSI overbought zone + divergence - MACD high and with several croses - END of 5th wave (EWT) - Target = 0.65 FIB level
- RSi: overbought zone - Descending triangle with 3 attempt to break the resistance - FIB extension used for T1 defining
- RSI: overbought + divergence - End of 5th wave, beginning of the ABC pattern - Strong resistance - A lot of MACD crosses
- RSI -> Bullish divergence - RSI in oversold zone - ABC pattern finished - Local support reached - MACD pretty low, gonna cross soon - 200 EMA acts as a resistance
- Channel breakout seems to be a bearish trap - Bearish rising triangle most probably will lead to drop - T1 is 0.65 Fib Level = 55 444 - RSI is in the overbought zone - MACD is high and have downticks