Wave Analysis
Evotec Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Evotec Stock Quote
- Double Formation
* 16.500 EUR | Completed Survey Entry Bias | Subdivision 1
* Retracement | Area Of Value At 11.500 EUR
- Triple Formation
* 012345 | Inverted Head & Shoulders | Subdivision 2
* 012345 | Numbered | Pattern Configuration | Pennant Structure
* Daily Time Frame | Behavioural Conditions Set Up | | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
FXS/USDTKey Level Zone : 3.700 - 3.870
HMT v3.0 detected. The setup looks promising, supported by a previous upward/downward trend with increasing volume and momentum, presenting an excellent reward-to-risk opportunity.
HMT (High Momentum Trending):
HMT is based on trend, momentum, volume, and market structure across multiple timeframes. It highlights setups with strong potential for upward movement and higher rewards.
Whenever I spot a signal for my own trading, I’ll share it. Please note that conducting a comprehensive analysis on a single timeframe chart can be quite challenging and sometimes confusing. I appreciate your understanding of the effort involved.
If you find this signal/analysis meaningful, kindly like and share it.
Thank you for your support~
Sharing this with love!
HMT v2.0:
- Major update to the Momentum indicator
- Reduced false signals from inaccurate momentum detection
- New screener with improved accuracy and fewer signals
HMT v3.0:
- Added liquidity factor to enhance trend continuation
- Improved potential for momentum-based plays
- Increased winning probability by reducing entries during peaks
Steem ($STEEM/USDT) #Steem ($STEEM/USDT)
#Steem has rebounded from its Fibonacci 0.618 retracement zone, indicating the potential for a bullish reversal. If the price holds above the current levels, it could target $0.420 (Fibonacci 0.236), followed by $0.500 for a larger breakout.
Entry Zone: Buy near $0.2187 during pullbacks.
Stop Loss: Below $0.1499 to manage risk.
Take Profit: Gradually at $0.382, $0.420, and $0.500.
#POWR / USDT#POWR / USDT
CSE:POWR is consolidating near its support zone, forming the "handle" of the cup pattern. If the price maintains this level and breaks out, it is expected to test $0.4845 (T1) first, followed by $0.6221 (T2) and ultimately $0.7546 (T3) as part of the bullish trend.
Entry Zone: Enter long positions between $0.2200 and $0.2436.
Stop Loss: Below $0.2000 to minimize risks.
Take Profit: Gradually at $0.4845, $0.6221, and $0.7546.
Short Setup Masterclass: Perfect Retest of dOpenKey Observations
1.) Wave Structure & Flat Top Formation:
The completion of a 5-wave structure aligns with Elliott Wave Theory's indication of a potential reversal or corrective phase.
A flat top pattern at the 5th wave signifies a strong resistance level, which led to a structural break to the downside.
2.) Daily Open Retest:
Price perfectly retested the daily open (dOpen) before rejecting it. This level now acts as a strong resistance, offering a favorable risk-to-reward (R:R) ratio for short entries.
Stop-loss (SL) placement is ideal just above the daily open to minimize risk.
3.) Lack of Bullish Volume:
Current ranging behavior lacks bullish volume, further supporting the bearish case for a continuation to lower levels.
Support Zone & Confluence Factors
The immediate target for this short trade lies at the confluence-rich support zone near $3.3184, identified by the following factors:
1.) Fibonacci Levels:
0.382 Fibonacci retracement aligns with this zone, confirming its significance.
2.) VWAP (Volume-Weighted Average Price):
The VWAP from the swing high indicates $3.32 as a key level.
3.) Negative Fibonacci Extension (-0.618):
Projecting from the recent impulse points to this area as a potential corrective target.
4.) December 16th High:
This level now acts as a magnet for liquidity, increasing the likelihood of a revisit.
5.) Liquidity at Swing Low:
The swing low at $3.3184 holds significant liquidity, which could be swept during a bearish
move.
6.) Fibonacci Speed Fan (0.618):
The 0.618 speed fan intersects around $3.32, adding further confluence to the zone.
Trading Strategy
Short Trade Setup:
Entry: The ideal entry was at the dOpen retest. A short trade can now be initiated at the current price with a smaller position size.
Stop-Loss (SL): Above the daily open to minimise risk.
Take-Profit (TP): Targeting the confluence zone at $3.3184.
Ethereum Analysis: Death Cross in PlayHey, TradingView family! 🚨
I’m sharing my latest analysis of ETH/USDT on the 4-hour chart. We’ve just witnessed a Death Cross (the 50 EMA crossing below the 200 EMA), a classic bearish signal. 📉
Key points:
The price is forming a descending triangle, often a continuation pattern signaling more downside.
The projected move from this pattern suggests a drop to $2,921, aligning with the measured move from the triangle.
Recent resistance around $3,346 seems to confirm sellers are in control. If we break below the $3,159 support, further downside could accelerate.
Keep an eye on: 1️⃣ Volume confirmation on breakdowns. 2️⃣ Support levels around $3,178 and $3,113 before hitting the target zone.
Trade safe, everyone! Let me know your thoughts or if you see any alternative setups.
#ETHUSDT #Crypto #Trading #TechnicalAnalysis
Origin Protocol ($OGN/USDT) Technical AnalysisOrigin Protocol ($OGN/USDT) Technical Analysis
#OGN is currently trading at $0.1411, showing bullish potential after breaking out of a descending trendline. The price is now consolidating above the Fibonacci zone near $0.1240, which acts as a strong support for potential upward movement.
Support Zone (Fibonacci Buy): $0.1240
Target 1 (T1): $0.1705
Target 2 (T2): $0.1934
Target 3 (T3): $0.2148
THE/USDT Technical Analysis$THE/USDT Technical Analysis
#THE is currently trading at $1.3817, showing potential for a bullish breakout after consolidating in an assembly area near the 0.618 Fibonacci retracement level. This area acts as strong support, providing a base for a potential upward move.
Support Zone (Assembly Area): $1.3396 - $1.2000
Target 1 (T1): $2.5759
Target 2 (T2): $3.5025
Target 3 (T3): $4.4444
ETHUSD Will Go Higher From Support! Long!
Please, check our technical outlook for ETHUSD.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 3,346.7.
Taking into consideration the structure & trend analysis, I believe that the market will reach 3,667.7 level soon.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Like and subscribe and comment my ideas if you enjoy them!
AUDJPY Will Go Down From Resistance! Short!
Here is our detailed technical review for AUDJPY.
Time Frame: 8h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 98.074.
Considering the today's price action, probabilities will be high to see a movement to 96.232.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Like and subscribe and comment my ideas if you enjoy them!
MOODENG/USDT Targets Major Bullish Breakout Levels
$MOODENG/USDT Targets Major Bullish Breakout Levels #MOODENG/USDT is trading at $0.2772, showing bullish momentum after breaking out of a downtrend. With strong support at $0.2415, the price targets are set at $0.4471, $0.5760, and $0.6906. Entry near $0.2415 with a stop loss below $0.2200 provides a favorable risk/reward setup for potential gains.
SILVER BULLISH BIAS RIGHT NOW| LONG
Hello, Friends!
The BB lower band is nearby so SILVER is in the oversold territory. Thus, despite the downtrend on the 1W timeframe I think that we will see a bullish reaction from the support line below and a move up towards the target at around 31.649.
✅LIKE AND COMMENT MY IDEAS✅
GBP/CHF BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
Previous week’s green candle means that for us the GBP/CHF pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 1.125.
✅LIKE AND COMMENT MY IDEAS✅
CVRx, Inc. Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# CVRx, Inc. Stock Quote
- Double Formation
* A+ Set Up)) | Completed Survey | Subdivision 1
* (( Triangle Structure)) | Uptrend Bias
- Triple Formation
* Retracement | Not Numbered | Subdivision 2
* Alignment & Hypothesis | Configuration Pattern Combination
* Daily TIme Frame | Entry Settings Available | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
GMT/USDTKey Level Zone : 0.2200-0.2250
HMT v3.0 detected. The setup looks promising, supported by a previous upward/downward trend with increasing volume and momentum, presenting an excellent reward-to-risk opportunity.
HMT (High Momentum Trending):
HMT is based on trend, momentum, volume, and market structure across multiple timeframes. It highlights setups with strong potential for upward movement and higher rewards.
Whenever I spot a signal for my own trading, I’ll share it. Please note that conducting a comprehensive analysis on a single timeframe chart can be quite challenging and sometimes confusing. I appreciate your understanding of the effort involved.
If you find this signal/analysis meaningful, kindly like and share it.
Thank you for your support~
Sharing this with love!
HMT v2.0:
- Major update to the Momentum indicator
- Reduced false signals from inaccurate momentum detection
- New screener with improved accuracy and fewer signals
HMT v3.0:
- Added liquidity factor to enhance trend continuation
- Improved potential for momentum-based plays
- Increased winning probability by reducing entries during peaks
$GMT Eyes Critical Resistance for Bullish Breakout 🚀
#GMT is showing a strong upward trend after breaking out of a long-term descending pattern, currently trading at $0.2332. The token is approaching a critical weekly resistance at $0.2616, which could act as a key level for confirming a bullish breakout. If this resistance is breached, NZX:GMT may target $0.30 initially, with a mid-term goal of $0.50.
On the downside, the support at $0.1667 remains a strong accumulation zone, having previously attracted buyers during market dips. Investors should monitor these levels closely for potential opportunities. 🚀
GBPNZD1. Current Market Situation (Wave 3):
The market is currently in Wave 3, which is usually the strongest and longest wave in Elliott Wave Theory.
Wave 3 is known for its powerful upward movement.
This is typically the wave where most traders and investors jump in, creating significant momentum.
2. Approaching the End of Wave 3:
Right now, Wave 3 doesn’t seem fully complete, but it’s close to its end. You can identify this because:
Momentum starts to slow down as the price nears resistance levels.
Wave 3 often reaches Fibonacci extensions like 1.618 or 2.618, which are key indicators for its completion.
3. Retracement in Wave 4:
After Wave 3 finishes, the price will likely pull back into Wave 4. This is a normal retracement where the market consolidates some of Wave 3’s gains.
The retracement typically hits Fibonacci retracement levels of 0.382 or 0.5.
Wave 4 is usually a smoother and less volatile wave compared to Wave 2.
4. Completion in Wave 5:
Finally, Wave 5 is the last wave in the trend. This wave completes the overall upward movement.
Wave 5 generally creates a new high, but it’s often less strong compared to Wave 3.
Key Takeaways:
Right now, the market is still in Wave 3 but close to finishing it. After that:
Expect the price to pull back into Wave 4 at around Fibonacci 0.382 or 0.5 retracement levels.
Wave 5 will follow, taking the price higher to finish the trend.
Pro Tip:
If you're trading, wait to confirm the end of Wave 3 and the start of Wave 4 before entering. Using tools like RSI or MACD can help you verify the momentum and trend shifts.
Bitcoin - Sell in March and Go Away?Let me begin with a caveat: a sample size of five is hardly enough to be statistically accurate. Regardless, this cycle analysis aligns with my Gann analysis and the Primary EW count.
My thesis is that Bitcoin will make a long-term top by March or April 2025, followed by a severe downtrend.
Supporting Evidence:
Cycle crests. Since 2021, Bitcoin has made significant tops in March, followed by a 12W or more downtrend.
Primary EW Count:
According to the primary EW count, beginning in November 2021, Bitcoin is in the final stage of completing primary wave 5. This estimate relates to the price axis. It is common practice to estimate the time of a fifth wave as the 1.272 extension of the fourth wave. According to this measure, the fifth wave could be completed as early as February 2025.
Gann Analysis:
Throughout the current uptrend, Bitcoin’s price traded almost exclusively within the bounds of the 2/1 Gann angle support and the 1/1 Gan angle resistance.
Even if completing the primary fifth wave leads to a substantial correction of more than 40%, as long as Bitcoin holds the 2/1 support, it is enough to support continuation in an overshooting wave B to the final blow-off top in October/November 2025, in line with the 4Y cycle.
Best wishes
BTC/USD Analysis – Bearish Momentum with Key Support in FocusTimeframe: 1H
Current Price: 94,284.0
Analysis
The BTC/USD pair is displaying signs of bearish momentum after failing to sustain levels near resistance. The following observations are made:
1. Resistance Rejection:
A clear rejection is visible at the upper resistance zone, indicating strong selling pressure.
2. Support Zone in Focus:
The price appears to be approaching a key support level around 92,242.1. This level will be critical in determining whether the price bounces back or breaks further downward.
3. Bearish Indicators:
The recent lower highs and a consistent downward push suggest that bearish sentiment is dominating the market.
Key Levels to Watch
Resistance: 94,800 – 95,000
Support: 92,242 – A potential bounce zone or breakdown point.
Trading Strategy
1. Short Position Setup:
If the price breaks below 92,242.1 with strong volume, consider a short position targeting lower levels around 91,500 or 90,000.
Place a stop-loss above the 93,000 level to minimize risk.
2. Bounce Confirmation:
If the price holds above 92,242.1 and forms bullish reversal patterns, consider a long position targeting 94,000.
3. Indicators to Monitor:
Use RSI to check for oversold conditions.
MACD crossover for confirmation of momentum shifts.
Risk Management
Always implement a strict risk-reward ratio (e.g., 1:2).
Avoid overleveraging in this volatile market.
Conclusion
BTC/USD is approaching a crucial support zone that could determine the next significant move. Traders should closely monitor price action at 92,242.1 and adjust their strategies accordingly.
Expect a Another Down To The 90k📥 My Last Night Expectation Was a Breakout From 94800$ Resistance Area But The Price Was Not Able To Break This Level And Currently At Low Timeframe I See The BTC Getting Weak And Breakdown The 93500$ Support Is More Probable Toward a 90k And 87500$ In Worst Scenario, Totally It’s Better To Stay Away From The Market At Current Situation