rectangle is a continuation pattern, Elliot guide line says these kind of pattern usually happen in 4th wave, wave e of 4 is a risky one because there is a high chance that e wave cannot complete itself, as trader I have stop buy/long above rectangle and I have stop short below the rectangle this is how we can trade with rectangles...
Matic chart is shaped a complete Elliot cycle , it was a very beautiful chart, unfortunately I only could capture wave A , now I'm waiting for new pattern to be organize to decide whether I should short or long it, just watching now
after bnb breaks many supports I try to recalculate it's chart, I found we probably will see another dump soon, but it's not end of story and bnb will back soon with much more power, but now for at least two months we may see down trend. so short no doubt
right now after "Hot" good movement which was a correction I expect more drop, oscillators shows we are in overbuy area, so be careful
bat one of my favorites kept moving like my prediction I think the goal will achieve by the middle of December
rvn targets are on the chart, I predict two months from now we can see tp2 level
right now loom playing with a vital resistances which is a complex of daily and weekly resistances if price candles pass this level than in next week you can see a big pump
I saw ftm history chart which you cannot see it in tradingview. price locked up in the falling wedge and we have good positive divergence in oscillators. if we pass daily komo cloud, targets are obvious for me.
Zilliqa is one of those coins which didn't move much after btc dominance start to fall, I can say we are in accumulation era right now, buyers and holders little by little increasing so an explosion coming for the tiny tigress. oscillators showing positive divergence in both weekly and daily time frame, waves counting also confirms end of wave 5 already. right now...
we had analyzed "link" before and now after we understood that link is not in an impulsive waves down here is my new analysis, I think uprising will finish around 25k than we may go down again
Firstly, I should tell you I really hate xrp :D xrp in weekly time frame, moving in a falling wedge with a low slope which is a bullish pattern. also there is a good positive divergence and if I be right about the waves we can see a pump in one or 2 weeks from now, but its obvious for me that the next week and maybe a week after that we are bearish, and it's...
this is not the end for dominance it will surprise most of the people, ready for 80 percentage level
I think we are at the start point of wave c, but it's much more wise to buy after the price pass the ichimoku cloud in 4h time frame
loom is not finished it's downtrend but I can see we have good correction here today's powerful candle is a start of this correction and loom wants to see 500sat
after losing it's support in 618 fibo level the waves counting completely changed so now I expect more than for bnb, I draw what may happen in future the most important reversal support is around 9$ but between we have short wave which is a correction it maybe stand between 0.5-618 fibo level
in case we lose fibo 382 level we can start a powerful down trend
nothing special we are in wave 4 and it's not completed yet...