after getting shut down 40% we have reaches the 1.628 at the last part of the abc corretion wave can we see an accumlation like last time and then another ath?
looking for rrejection off the 200 ema hourly, considering bitcoins beat down
its going down bruh. Created a new low testing previous support as resistance , makrt would push it down to catch that liquidity down there and move the market up agian
this blue trendline has ben respeted as you could ree the bounce down. there is a bull divergence on the rsi wich could indicate another test of the blue trendline
Any trigger waves bearly happened on the monthly, but when it does it is rather significant. The chart is also lining up with my Elliot wave analysis and the fib retracement, just a waning to see. just look at the previous red trigger waves that were at the top. be very weary
the past three consolidations lasted around 33 days, the current consolidation has been consolidating for 3 days and is on the trendline, let's see if it is time to break up to the next resistance. Also there is speculation that Russia is trying to adopt xrp as a payment system
always draw trendlines to see where the price is heading, when trendlines are drawn it is much easier to find points of potential support or resistance, it is also much easier to find formations such as ascending and descending wedges double bottoms/tops, triangles. or simply using the trendline to play trendline reversals and breakouts. as seen here the past...
xrp is consolidating and then breaking out to the next resistance for the past two consolidations. lets see if it happens for the third time. MFI is thick and green which is good
btc has hit the 1.6 fib level on the all-time chart, and upon drawing the elliot wave it seems like it is at the 5th stage, one again I could be horribly wrong because this I is btc again, however it is interesting to look at the macro side of what bt is doing right now
Falling wedge has formed ever since ATH, potential to squeeze and be pumped up a lot of lets see how this plays out, haven't got a buy signal on the market cyper
bullish double bottom on tsla waiting to confirm
the double bottom has formed on sq since its major downtrend from ath at $280, have been looking at this for a while lets see if it confirms and goes for an uptrend.
this ascending triangle has been in the forming for a very long and considering the blast crypto has had in the bullish past week I am convinced that this could break out.
Symmetrical triangle broke ou however price is testing the resistance point, if it fails to break out I see It going to the purple support zone
has had a massive downtrend since it has missed earnings, however, I do believe in NIO as it is backed by the Chinese government and it is an EV company after all. lets see if it could hold the current support level.
the symmetrical triangle formed on qqq lets see if history would repeat its self and go back near ATH or come crashing down? potential 50ma crossing under the 200 ma, indicating it being bearish. neutral RSI. Also considering the current market conditions and talks about inflation i am bearish.
PLTR has had a major downtrend ever since its ATH @$45. I am hoping for this downtrend to break soon and this is why. PLTR has a major support zone around $20 - $22 dollars. ever since November 2020, so we could agree that it is a very well-respected support line. Also, it can be argued that it has formed a bullish falling wedge on the support. Measuring the price...