Current Market Structure The chart illustrates a completed five-wave impulse (labeled in blue and red), indicating the end of a bullish cycle. A corrective W-X-Y pattern is developing, with price action currently in the X wave phase. A potential retracement towards the 2,882 – 2,877 support zone (50% retracement level) is expected before a strong upward move. ...
Key Observations: Primary Impulse Structure: - The chart shows a well-defined five-wave impulse sequence, marked by numbers (1, 2, 3, 4, 5) in different degrees. - The third wave (Wave 3) appears to be extended, a common characteristic in strong trends. Sub-Wave Structures: - Within the major impulse waves, smaller-degree waves are labeled in red, orange, and...
CRVUSDT, a popular cryptocurrency trading pair, is showing potential signs of a bullish reversal based on Elliott Wave Theory. This analysis aims to break down the current wave structure and outline possible future price movements. Wave Structure Overview The chart follows a complex corrective wave pattern, which consists of WXYXZ labeling. This pattern...
Ethereum (ETHUSDT) Potential Flat Correction in Wave 4 Ethereum (ETHUSDT) has been following a structured Elliott Wave (EW) pattern, and based on the latest weekly chart analysis, the cryptocurrency could be entering a corrective phase before resuming its long-term uptrend. This article will break down the key elements of the chart and the implications for ETH’s...
In my view, Gold Still bullish for BIGGER timeframe.
Still in Correction, Prediction is Zigzag Pattern, get ready for short at C..
EP : 145/150 CL : 130 S : 140 R1 : 165 R2 : 190 BOD ( reversal ) Market Capital (RM): 64.22m Sector : Industrial Products & Services Sub-Sector: Industrial Materials, Components & Equipment
WAITING FOR REBOUND EP : 135/140 CL : 125 S : 130 S2 : 120 R1 :150 R2 : 160 R3 :175 Market Capital (RM): 100.67m Sector : Technology Sub-Sector : Digital Services
EP : 280 CL : 260 S : 270 R1 : 310 Market Capital (RM): 113.63m Sector : Consumer Products & Services Sub-Sector : Food & Beverages
MSR EP : 0.065 CL : 0.055 S : 0.060 R1 : 0.070 R2 : 0.080 PENNY Counter Market Capital (RM) : 52.94m
MSR TEST Sector : Consumer Products & Services Sub-Sector: Household Goods
EP : 220 CL : 200 S : 210 Number of Share: 758.31m Sector : Industrial Products & Services Sub-Sector : Industrial Materials, Components & Equipment
EP : 340 CL : 330 S : 340 R1 : 370 Number of Share : 696.19m Sector : Consumer Products & Services Sub-Sector : Food & Beverages
EP : 215/220 Cl : 205 S : 210 R1 : 230 R2 : 250 Number of Share: 359.42m Sector : Industrial Products & Services Sub-Sector : Metals
EP : 325 CL : 300 S : 305 R1 : 340 Number of Share: 210.40m Sector : Consumer Products & Services Sub-Sector : Personal Goods