In this 1-hour analysis of SOLUSDT on Bitget, we observe a completed 5-wave impulse pattern based on Elliott Wave Theory. The chart suggests the formation of a corrective ABC pattern: Wave (5) reached a peak, indicating the end of the impulsive phase. We now anticipate a corrective A-B-C sequence, with Wave (A) already forming and Wave (B) indicating a potential...
In this 1-hour chart analysis of SOL/USDT Perpetual Futures, we identify a completed five-wave impulse sequence (0-1-2-3-4-5), suggesting a potential upcoming corrective ABC pattern. Key price levels and Fibonacci extensions are marked to offer additional clarity: Wave (3) reached the 1.618 extension at 164.18, indicating a strong upward movement. Wave (5) shows...
In this detailed Elliott Wave analysis on the 15-minute BTCUSDT chart, we observe the completion of a 5-wave impulsive move, potentially setting up for a corrective ABC pattern. The price action has already delineated waves (A) and (B) of the corrective structure, suggesting that wave (C) might follow, leading to a potential downtrend. Key levels and...
The chart depicts the price movement of the BENDOGUSDT Perpetual Contract on a 15-minute timeframe on Bybit. The chart illustrates an Elliott Wave analysis with the following key points: 1. **Elliott Wave Count**: - Wave (1) starts at the bottom, moving up to a peak. - Wave (2) is a corrective wave, moving down. - Wave (3) is an upward impulsive wave,...