Elliottwaveprojection
EW $BTC #BTC #Bitcoin #Btcusd Wave 2.This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
This is my main chart now for life.
I mean it. Wait at 9k for wave 3 to begin.
CBG | Wave Analysis | Leading Diagonal 2-Wave Price action and chart pattern trading setup
> A possible 2-wave leading diagonal pattern ending at 0.786 retracement zone
> Entry @ downtrend breakout with reversal pattern - watch for double bottom / inverse head & shoulders / triangle wave candlestick consolidation
> Target @ 0.786-1.0 retracement to previous 1-wave + 10 - 12%
> Stoploss @ the lowest position -4-5%
> Risk reward ratio: 2.5:1
Always trade with affordable risk and respect your stoploss
EURUSD: Monthly Elliot Waves analysisHello friends. According to the theory of Elliott waves, we see the formation of the price in the form of a large correction wave ABC, and now we see the third wave of wave C. According to the chart, the goals of the third and fifth waves have been determined. So, open the ceiling for trading. Open a sell transaction.
XAUUSD: Elliot Waves 4hrFriends! Seeing its previous bottom, gold should try for wave c (in the form of five waves) up to the range of 1835. So, you can buy at the bottoms and expect growth up to the desired range. Often, in these waves that rise intensively, wave one and wave three will be equal and the fifth wave will be bigger than the two waves.
AVAXUSDT | Wave Projection | Bullish Wedge Ending DiagonalPrice action and chart pattern trading setup
> Elliott Wave analysis possible 2-wave ending diagonal pattern with bullish momentum - a potential falling wedge breakout scenario
> Entry @ 2-wave bullish wedge breakout and EMA10 TF24H
> Target @ upper downtrend line resistance 0.618 - 0.786 retracement of 1-wave zone + 30- 40%
> Stop @ the lowest 2-wave position -10%
> Risk reward ratio: 2:1 / 3:1
Indicator:
>RSI bullish momentum about to cross MA line
>MACD bullish momentum just below signal line
Always trade with affordable risk and respect your stop
BTC 20,550/20,850 then 18,950BTC has many fibs lining up in the same place - at 20,850. That is the 1.414 of AC, the 1.272 of OC, the Elliot Wave impulse of 2.14, and also this same level 20,850 is the 0.236 fib from 25,188 to current support (19.5k).
It would be a good idea to short this level if it hits. I expect a bounce (or drop) from 20,550 which is the 1.618 impulse from the bottom.
The target of the Short to then flip LONG is 18,950. Then we can continue to trade the channel.
ETH Daily swing direction based on Elliott-Wave calculationCurrently market seems to be on the edge. Not very clear structure and therefore I am expecting, we are still in a higher timeframe consolidation.
Right now, I am expecting to have a short relief until Wave B reached. Because of the lower timeframe structure, chances for a flat correction with Wave C are higher than a Zickzag and new lows.
But this can be validated as soon as we have the final structure for wave B.
ETH Cup & Handle must hold wma200@1260 or 880/600 is comingIn this weekly chart,ETh must hold the green support zone near wma200 @1260 for the cup & handle pattern tp play out.
BULLISH SCENARIO: ABC has ended with wave C bottomed at 883 & a new EW cycle begins with a cup & handle holding the1260 green zone & a BO of wma20 is coming.
BEARISH CASE: A wave 5 of C is still in the making which may make a double bottom near 883 or even a lower low near 600.
We will anticipate but not speculate. BE REACTIVE & NOT PREDICTIVE!
Not trading advice
TCC | Wave Analysis | Falling Wedge Breakout TargetElliott Wave Projection - Price action and chart pattern trading
> Bullish Wedge Elliott Wave downtrend channel breakout
> Key resistance SMA200
> TP1 @ 0.382 retracement of previous wave 5 - volume profile point of control zone equal to distance of wave E to the falling wedge breakout point
> TP2 @ 0.5 retracement - upper resistance of key volume profile zone = distance of wave C > D from breakout point
> TP3 @ 0.618 retracement - equal to the distance of A>B +30%
> Entry @ Pullback SMA200 zone
> Stoploss @ SMA20 zone -10%+
> Risk reward ratio: 3:1
Always trade with affordable risk and respect your stoploss
LANNA | Wave Analysis | ABCDE Triangle Breakout TargetPrice action and chart pattern trading
> Elliott Wave Projection - Rising triangle wave ABCDE breakout pattern
> TP1 @ Upper channel resistance wave v leading diagonal - 1.382 extension of wave iii +12% upside
> TP2 @ 1.618 extension of wave D +18% upside
> Stoploss @ SMA20 - 6-7%
> Risk reward ratio: 2.5-3:1
Always trade with affordable risk and respect your stoploss
BTC getting ready for a 15% drop next week?BTC is currently forming a Rising Wedge pattern with proper Elliott Wave Counts. We can expect Wave 5 to reach around $25250, from where it may start dropping and breaks below the Rising Wedge Pattern.
1 Day 100 MA is also around @25200 currently. So a rejection can lead to this drop.
We can expect a 15% drop into $21500 levels next week.
>> This is not a Trading Advice.
>> Please DYOR
HANA | Elliott Wave Projection | Inverse Head&ShouldersPrice action and chart pattern trading setup
> Elliott wave projection downtrend breakout with inverse head & shoulders pattern
> A possible wave B rebound targeting 0.382 - 0.5 retracement of A
> Entry @ H&S breakout SMA25W
> Target @ 0.382 retracement of Wave A / SMA50W zone +25%
> Stoploss @ right shoulder / SMA400W -12%
> Risk reward ratio: 2:1
Indicator:
> RSI Week bullish divergence, breakout MA line
> MACD Week golden cross below baseline
Always trade with affordable risk and respect your stoploss
ZM accumulating @pandemic zone since Russian invasion; next TPsZM will continue to increase user base in the next few years even if work-from-home subdues. It has made a perfect ABC correction with A=C & is has been consolidating in the pre-pandemic 102 zone since Russian invasion started in Feb 2022.
The risk of worst-case scenario is very low compared to the great upsides if a new EW cycle begins after ZM breaks above the pandemic zone & go above Ichimuko cloud in the 4Q2022.
Not trading advice
PLTR upcoming new cycle W3 if BO >12, then 16 & 20 will be next.The 2020 low of PLTR is 8.90 which it broke below to make an ABC (A=C) at near 7.21 my max pain zone.
Max risk is only at 7.21 but the upsides are 8.90, 16 & 20. VERY GOOD risk to reward ratio.
A new Elliott wave cycle may have begun if PLTR holds the green 7.21 zone.
Not trading advice