3 Month Forecast | JASMY Using the (1 2 3 4 5) wave tool I've mapped out what I believe the price action and behaviour of JASMY will follow.
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Short Idea for BTCUSDT (bar pattern)
The impulse wave and megaphone on a higher candle TF is printing something similar on a smaller time frame, i pasted it down to scale for a better observation.
I think the 31st of march will determine trend direction based on if its going to play out the last part of the wave: the ABC leg down, see for reference the blue vertical line.
Weekend is notorious for baiting retail. Expect the opposite to usually play out tues-thurs when market makers come out to play.
I do think the head and shoulders seen below will play out, sending price to my target stated above, around 30-31k. An inverse head and shoulders pattern has a measured move equal to the distance from the lowest point in the pattern to the neckline projected from the neckline. see orange Xs and red vertical lines
Expecting Going Down Using Elliot WaveExpecting going down using Elliot Wave and possible double bottom.
Expecting sideway until around Week 2 or Week 3 January 2023, may happen market correction after this timeline.
Beware of gap or long candle that may expedite reversal.
Good luck.
NZDCHF H4Hi traders, NZDCHF is setting up for a downside move i am expecting from price to come around our mentioned pattern completion area and looking price action on the top for a short position opportunity, if price drop from the current area and break 0.55091 level without hiting our mentioned entry level then this setup will be invalidate.
If you are taking this trade so please i request you trade with your according strategy do not depend on my analysis, this analysis is just a scenario and i would love to be wrong GOOD LUCK.
EURUSD H1Hi traders, EURUSD is setting up for a downside move all area is mentioned were can price drop to the downside so look price action on mentioned area and look for short GOOD LUCK.
EURUSD H1Hi traders, EURUSD is setting up for a downside move the best entry level is will be from the top. Price can drop from the current area is will GOOD LUCK.
$FTT (Log)- Correction unlikely done here. But looks promising. This is one of my bluechip coins and has been for sometime. I miss the first move up and I don't intend to let that happen again.
Some big CT accounts are calling for sub 10$ prices. While I can understand the confluence, I still see a support well above that level. With the extended 3rd wave, I do see a good reason to bounce around the 19$ range. I see the waves clearly on this coin and I'll be tempted to short into my bias at some point in the near future. I see us finishing waves ii/Ⓨ/(C)/5 with the current 5 wave impulsive or diagonal structure. WXY is clear as day from the top of ⑤.
Safe trades to all of you. Don't forget your SL.
GBPUSD. Possible Short on GBPUSD in coming hourshey, hope you are well
Based on this chart and what we can see, we are probably at the end of wave 1 structure. So, there is a high probability that we encounter a correction.
I believe if the Trigger line breaks, we can go short and reach our TPs.
Cheers.
Eurjpy We have a break out now we patiently waiting for a retest and price action so we can start buying
FB - Corrective wave on Weekly TFThis impulsive wave on weekly time frame for almost 4 years, started on 2018 of December, requires a price correction base on Elliott wave theory.
The 38.20% to 50% and up to 61.80% Fibonacci retracement of the impulsive wave is my expected drop of price, together with the 200MA pointing upward that will serve as support level.
Supporting this idea Death Cross sign on daily time frame is below.
* Death Cross
Elliott Waves & 80K Bitcoin SoonLooks like were heading in to our 5th leg of this elliott wave pattern
USD/CHF LongWe expect the market to complete the 3rd wave in the minor degree. Our fundamental outlook on the pair is bullish due to the expectations of the federal reserve to hike interest rates sooner because inflation levels are very high. The CHF is expected to be pressured as the global economy is improving since it's a safe heaven currency. The CHF we also be pressured because the swiss interest rates are at record lows.
ach thoughtsI hate to say this considering I'm in ACH but it looks like ACH could continue its move down all the way down to the 786 at .062 before an eventual continuation upwards. That said I'm obviously hoping the bottom is currently in :) Would love to hear thoughts from you guys.
NKN 12345 ABC retracementBased on the fib I think we can expect the ABC retracement to go down to the 786 at .49 for a continuation of the overall trend upwards. Love to hear thoughts on this.
Bitcoin Elliot Wave ABC corrective wave incoming?Im new to Elliot Wave theory but if this layout is correct then are we headed toward an ugly multi year ABC corrective wave (bear market)? Let me know your thoughts
NEAR/USDTplssss like my idea plzzzzzzz
plssss like my idea plzzzzzzz
plssss like my idea plzzzzzzz
buy at current price
sell target = 12.100
again buy in dip = 9.800
sell target = 15$
USD/CHF short term positionWe are both technical and fundamentally bullish on the Dollar after a positive print on the ISM manufacturing we expect expected that to put pressure on the FED to taper this upcoming FOMC. we expect CHF to be pressured in the coming trading sessions
[UPDATE UTK] UTRUST is ready for 3$ or 5$! What do you think?With this analysis I applied:
1) ELLIOT WAVES
2) Fibonacci trendline extension
3) Lengthening theory
Why am I sure UTK is going to go up (together with other strong tokens)? For the following 4 reasons:
1) Stock RSI: Bollinger band indicator on the weekly flashed green.
2) Support/Resistance: UTK touched the current support multiple times during the past 3-4 years (never broken). UTK did not break the all time high of the previous cycle on the first attempt (still room for growth).
3) TRACK RECORDS: UTK has dropped 80% in this wave and in the past ones.
4) FUNDAMENTALS: Business is growing day by day. Coinbase listing will certainly occur when bull run resumes.
My prediction price is between 3$ and 5$ for mid 2022.
Marathon Digital Holdings WeaknessMarathon is displaying one sign of weakness after another. It just broke out of its ascending channel, which disqualified both the lower bullish red RSI buy signals that we got recently, both on the hourly and the daily chart. This is bad news. Real bad. Especially so as it now leaves the daily RSI in a much weak position, one that paves the way for further drops to the downside.
Additionally, what we thought to be an initial ABC Elliott correction seems to rather be a 12345 correction. If Bitcoin were to drop down towards the low to mid 20 000s, then Marathon should stand a good chance of hitting its 5th wave target around the horizontal support at $14,00-14,50.
GOLD (XAU) - final ideaAccording to my whole count and past ideas (linked below), we might see a new low to 1640 area.
This count at the moment is the better that makes sense to me (because of the whole inner subcounts that i posted in comments on the past ideas).
So next short entry would be at the completition of this corrective wave 2 up to 178x (83- 87?).
If u find usefull my ideas please like (with "cheers" would be really would be appreciated ;) )
Peace!
Ravencoin On Big Move Upnice confirmation on stochastic showing divergence, nice pattern forming all look's good for up trend.
target 1 - 0.38194
Target 2 - 0.49713
I'm not trading adviser nor financial adviser,please do your own reserch before trading,
Celer Network Look's good for Up Trend I'm expect bullish trend to start at the end of triangle, in 12345 formation
Target 1 - 0.09710
Target 2 - 0.12917
I'm not trading adviser nor financial adviser,please do your own reserch before trading,
Harmony “ONE” going long I’ll expect a pullback to around 0.03 before we go higher my target is 0.05726
