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Waves

Bitcoin - Elliot Wave Update 13-11-2022Bitcoin continues to operate in a larger Macro 5th Wave, price rejected at a key weekly orderblock at $21500 whereby a strong 3rd submicro wave occured pushing price to the ~1.382 fib extension occured at ~$15650 before a quick releif rally occured in a likely completed Sub micro 4th wave and price will continue to move down. Price will likely test the ~1.618 fib extension at $14826 to complete a Micro Wave 3 interestingly with great confluence of the larger ~1.618 fib extension degree in the same price area of $14800. From there a larger Micro wave 4 can occur which will be of a likely longer duration before a final Micro wave 5 to complete the MACRO 5 Waves from the ATH in a likely completed A wave. From there Bull can regain alot of losses from the ATH endured in a corrective B wave. Please like and follow for more!!
Short
by NICKVASS10
High probability for a move up exhaustion on BTCI had a SHORT setup flagged few weeks ago that did bring us down to last support and at the time I did not pay enough attention to similarities in wave movements with previous zones. As you can see (and you can also find my on-chain analysis in latest the newsletter - link in signature) we are looking to have same setup as end of Jan to early Apr with final wave slowing down to completion. Of course there is always a possibility that there will be no new leg down, either way Bitcoin should retest the 21-22k area first and even then we should keep a close eye on macro events (FOMC, GDP in July, CPI and employment data in Aug/Sept to name the few) and any potential crypto related developments (Mt Gox potential sell of their BTC holdings in Aug, further push of ETH PoS merge etc.). Considering a lot of the data coming from on-chain confirming we are not out of the bear market lows and macro situation not getting any better, I am still putting more weight on Bitcoin's price falling in the coming months. Whether it can make new lows we will see, but I would expect this wave up soon to fade. For anyone looking to short again, wait for first sign of red Daily candles and oscillators to start turning from the overbought area some already flag (lower timeframes been flagging overbought for a day or two already).
COINBASE:BTCUSDShort
by gigisulivan
S&P 500 index: Goes to the level of 3600, sell on rollbacks.Analysis of the spx 500 index 11/10/22 Today we are here to talk about the SPX 500 index. And so let's see what happened to the index over the past day. What’s on the market now: Today the index is trading at 3748. As we saw yesterday, the market fell to the level of 3750, which I wrote about earlier. Today, at the open, I expect the index to roll back to the level of 3820 – 3800. However, if there are large volumes on the market, the index may fall sharply to the level of 3660-3630. What I'm looking forward to today: Today, I expect an attempt to roll back the index to the 3800 zone, however, if this attempt is broken, then the market will fall to the level of 3660-3630. But here it is important to remember that, as I said earlier, globally, the market goes to the level of 3440. Here are my trading recommendations for today. What I recommend If you want to go short: Short positions are possible on a rollback from the level of 3800-3820. If you want to go long: Long positions are prohibited. If you are out of the market: Today long positions are prohibited. If you want to open a short position, then it is better to do it on a rollback from the level of 3800-3820, limit your losses. Also remember to contact me in 2 or 3 days for further trading advice. Subscribe to my channel and you will always be aware of the movement of the S&P 500 index . Press Boost if you agree with the current market situation. Thank you! See you next time! Bye!
SP:SPXShort
by kvatoo_FX
3
S&P500 short analysis!!30 min time frame. used Fibonacci to draw (ABC) correction waves. this days, US markets are been a lot volatile. LET ME KEEP MY OPINION OF WHY MARKETS ARE VOLATILE: SINCE MANY OF THEM THINK THAT US INFLATION HAS REACHED ITS PEAK, AND ON THE FLIP SIDE MANY OTHERS THINK IT YET MORE NEEDS TO TRAVEL UP. this basically is causing a lot of volume in the markets. bulls and bears are acting to there strategy. ONE TIP: during volatile markets, be on cash, or invest in low risk assets. be careful, keep having an eye. trade with your own risk.
SP:SPXShort
by raghavchoudhary2016
BTC and complete the declineWolfe waves and the transverse demand zone: Shapes drawn on the chart: The orange region: Strongest Quantumes Area at the present time, which is current transverse area limits The red zone and the green zone: weak trading areas that are not accompanied by quantities The blue circle: the confluence of the fourth wave with the current strongest demand point and touching the sub-uptrend (the leg of the ascending triangle) The blue line is the price breakout point at the 2020 high towards the 2021 high (69K), and the same time is the strongest demand area in this current drop from the Bitcoin high. Intermittent red trend: the target of the triangle is based on the waves of Wolfe The fifth wave is expected to be short as it faces the point 20361 which is considered a strong resistance as the price is likely to retest it after breaking it, as well as the middle point of ​​the side of the fourth wave considering the unified (angle of the five waves of this triangle 47°), then after that it is expected that the price will fall to The target of the triangle according to the Wolfe waves (dashed red line), which also coincides with the previous idea attached, where it targets the first retracement area shown there. If this path is achieved, it will be updated with a new idea
by AHMAD-CHART