Using Elliott Wave theory, Doge is consolidating within a triangle. Ending its ABCDE(pink) wave at the Pounce Zone. Pouncing 5 waves(white) up to 0.57 - 0.58 before taking another breather for another pounce! If targets are met, a cup and handle might form. But as always doge price action is reactive to doge master, Elon. Charts won't matter then. BTC price...
Congrats to those who have used my previous BTC chart as reference. Using Elliot Wave BTC has completed 3 impulse waves and is now at the bottom of Wave iv. The candle has to be closed above Wave i, in order to validify the count. Expecting an extended Wave v closing at around 71.7k. Not financial advice. Only meant for educational purposes. Please use risk...
Hero completed it's 5 wave, ending with a strong 5th wave extension hence, a correction is much needed before taking off again. A complex triple three correction wave which can consist of zig-zags/Triangles. Completing the correction at around 0-0.120 to 0.125 before bouncing. Not financial advice. Only for educational purpose. Price action of HERO depends on...
Cake is now stuck in a barrier triangle ending Wave e at the top of the triangle (pink lines) means a downward move before bouncing upwards. Reasons why we aren't seeing Cake making big moves. 1. Short Wave ii 2. Extended Wave iii 3. Hidden RSI divergence Do note there might be a possible truncated Wave v as there has already been an extended wave iii. Not...
2 minutes ago BTC is primed for a breakout, surpassing ATH . Using elliott waves and chart patterns indicates a potential upward breakout. Cup and handle (Blue lines) - Using the depth of the cup, the potential breakout would end @ 73K. Running Triangle (Pink Lines) - Typically forms prior to the final 5th wave. We are at Wave (e), a breakout should...
Matic Primary ABC correction waves completed and forming a diagonal minuette 5 wave which will lead to an impulse wave 1 upward and onwards. But trend still depends on BTC price action. Not financial advice but use as educational purposes. All the Best Matic Hodlers.
Possible formation of a cup and handle. Once we are done with the C&H pattern, onwards we moon to 5th wave @ $73,000. Interested to hear any feedbacks. Not financial advice. Please DYOR.
This is not financial advice and only acts as a prediction and educational purpose. Please trade at your own risk. All price action depends on BTC. XCUR Formed a head and shoulders and rejected on the retest of the neckline. Using a the depth of the head to the neckline, the potential drop is from $2.579 to $2.827.
TRIAS had a good run and inevitably pending a much needed correction before reaching ATH. Charting The cup is completed and might form a handle before a correction back down to the next strong support. Using the depth of the cup, we can see that the price might drop to between 14.79 to 14.97.
Cup and handle within a Triangle. Break out was rejected. We will see some side ways accumulation before breaking out again, if the cup and handle isn't invalidated. Take note of the RSI support, if breaks below we can see further downwards trend.