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Elliottwaveideas

Now bitcoin is in corrective movements.Now bitcoin is in corrective movements. According to Elliott, it is in the dominant zigzag pattern. Any growth in this pattern is an exit opportunity and somehow a rest for further decline. After completing 5 waves of wave C There are two predictable scenarios First, the continuation of the correction. In this case, this coin will grow during three main waves, and after that, it will fall sharply during 5 waves. The second scenario is the end of the correction after the completion of wave 3, and after that this coin can climb up to the level of $80,000 based on the Fibonacci target . BINANCE:BTCUSDT
by aligheysari73
NZDCHF: Price has started unfolding final wave (Y)Key levels: 0.6520 Price is forming a corrective descending channel for 13 months. Currently, the price is facing resistance at the upper band of the parallel channel. As per Elliott wave projection, NZDCHF is forming corrective structures (W), (X) & (Y) . Price has completed the intermediate wave (x) and started falling for the final wave (Y). Traders can short for the following targets: 0.6362 - 0.6274 - 0.6124- 0.6052. Invalidation: Breakout of wave (X)
by forextidings
2
BTC going zig zag in an ascending channel ATM.Await confirmationOn the 2h timeframe BTC seems to be stuck in an ascending triangle on 2H TimeFrame If this is confirmed then we can as well embrace for a breakout after 22.4k. This will open up a small spring for BTC MACD indicates the ending of a selloff Bollinger Bands median is low within the Bollinger Bands range RSI trend reversal with room for growth Resistance is small in terms of orders placed Accumulation ongoing USE STOP LOSS if you enter now, no firmation yet. We got 3 white soldiers but we still need the support at 20k
Long
by Let-s_see
EGLD/USDT Elliott Wave CountEGLD Elliott Wave trade idea I think we have an expending leading diagonal for wave A or 1 , an ongoing WXY complex correction for wave B or 2 that I think will bounce into the blue box. Let's see how the market develop from here. I will update count later. I am long for short term also I will take this trade for at least a C wave with entry form the blue box. If you like my analysis please give it a like and don't forget to subscribe for my future counts. Thanks!
FTX:EGLDPERPLong
by Cross10XSignals
LUNCBUSDWave 3 takes time to evolve & it’s never the shortest wave Post crash of LUNA (now classic) and Pre LUNA-genesis correction of LUNABUSD (now LUNCBUSD) has been “complex” Channel line draw here is based on the fact that labelled wave 2 is “already in place” Ideal entry would be price above wave B with stops below wave c Trend confirmation for wave 3 would be price moving pass high of wave 1 and a break above the declining channel line about 0.00008. Disclaimer: We accepts no liability whatsoever for any loss or damage that may result, directly or indirectly, from any forecast or opinion, information or omission, whether negligent or otherwise, within this report
LLong
by Ola250
BITCOIN in a WXYXZ....BIG LONG INCOMINGGreetings traders! Today we are analysing the bitcoin, where we can see (contrary to the overall trend) I can feel like we can be BULLISH on the BTC because we are entering the Z Wave of the WXYXZ. The objectives are correct, and for me, I wouldn't see big crash incoming...YET As you can tell: The first X wave retraced the 85,4% of the W. The Y wave extended to 100% of the W and X. The second X wave retraced the 76,4% of the Y. We are now in the Z, and therefore, my strongest objectives would be the 100% and 123%. (maybe if really bullish we will go to 161%) Hence: The 100% is at 50300, which is also the 50% of retracement for the downtrend from the end October The 123% is at 53300, which is also near the 61,8% of retracement for the downtrend from the end October
COINBASE:BTCUSDLong
by ModTrades
6
TCC-W4 | Wave Analysis | Bullish Divergence TradingPrice action and chart pattern trading setup: > An ending diagonal pattern with stochastic bullish divergence - possible rebound for wave 4 > Target SMA50 zone near upper elliott wave channel resistance - 0.382 retracement of wave 3 > Stoploss @ wave 3 lower channel support with RRR: 1.5:1 Indicator: > Stochatic RSI bullish divergence signal > MACD crossover signal line below center > RSI slightly bullish divergence Always trade with affordable risk and respect your stoploss
T
by dukeposh
Bitcoin - What if I told you something like this is possible?There is an expanding symmetrical triangle (megaphone pattern) in Elliott Wave Theory. I'm not saying this is definitely happening, but if we see an impulsive reversal after dropping a bit lower, below wave ((a)) support, then it becomes a possibility. This is the same fourth wave pattern we saw in the Dow where the March 2020 drop was wave E of the triangle. It's always good to know and understand the possibilities. As I have mentioned numerous times before, it's also possible that wave 5 ended at the ATH. It's also possible that the ATH is only wave 3 and the current three wave pullback is wave 4. This is just one possible pattern that could play out. There are often multiple possibilities when price prints a range.
BNC:BLX
by Chris_Inks
9