XRP/USDT Elliott Wave count 1H TFXRP may go up with an impulse.
Bounced into the 0.618 fib retracement where also we have daily candle open support.
Long with target into the box. Stop lose under invalidation line.
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FTM/USDT Elliott Wave count 4H TFFantom looks good to play a long position.
We have a break of the slope trend line also a retest.
Another clue is that It bounced 0.618 fib retracement.
At least for a C wave target is 0.2500.
If you want to play more conservative you can enter on the break above 0.2380
Good luck!
DXY Elliott Wave Count 4H TFDollar index may start a correction to the downside.
After te price hit 1.236 fib extension of the wave A it may go to the downside into an impulse to complete an extended flat pattern correction.
Also RSI is shoing that the uptrend is exhauasted.
If DXY will fall it will give some oxigen to crypto market and may see some upside moves on it.
Good luck!
Bitcoin Elliott Wave count 30min TF Ethereum probably will continue to pushu up.
We have an impulse to the upside and expanding leading diagonal, a range that is a flat pattern for wave 2 that bounced into the side of the channel after it was broken also here Weekly candle Open (WO)
Fast recovery after c wave of this flat a good clue that is a flat.
Enter long above 1394 break. And also Jerome Powell speach :))
Invalidation below 1284.
Good luck!
EURUSD longterm viewThe current downward move should be close to completion, but it still lacks a low in the area between 0.965 and 0.971. Following this, there should be a small rally to the area around 1.08 (this can only be determined more precisely after the completion of the pending low), to reach its final low around 0.80 from here.
ETH/USDT Elliott Wave count 1H TFEthereum may end move up with a running flat for wave 2 or B.
Target for a running flat is 0.618 projection of wave A vs B.
Also the projection of this last impulse to the upside that I think is wave 1 and 2 from C wave that is forming flatt correction 2.618 level hits perfectly 0.618 level of the projection.
Soon we must see a big impulse for wave 3
Take a look to the related ideeas for a deeper understanding!
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LUNC/Usdt Elliott Wave count 1H TFLunaC is moving up into a WXY corrective pattern.
Zigzag for W, triangle X wave and after break triangle will strart wave Y.
Enter long on the break of the up triangle resistance. Targets 0.00035875 and 0.000395.
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Elliott Wave Cheat SheetAlthough Elliott Wave Theory is vast subject and needs in depth study, I'm sharing a cheat sheet for those who have started to learn about the same. This should help them in understanding things better.
Also, try to correlate the cheat sheet with Nifty50 daily chart and be amazed to see how nicely the Elliott wave principles were followed there in the recent wave.
At the same time, please use discretion while following this cheat sheet as this sheet covers only the basic aspects of Elliott Wave principles.
Keep (l)earning and keep sharing!!
ETH/USDT Elliott Wave count 4H TFEthereum alterntive count to Link related ideea.
Ethereum may stay into a range before will go down for a C or 3 wave and maybe just finished waves A and B from a flat pattern.
If this count is correct we must see a rally to the upside.
Wait for wave 1 and than enter long.
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SOL/USDT Elliott Wave CountTrade update(watch link to related idea) with possible targets for take profit.
I am expecting Solana to contine this ascending move. 1 st important resitance is at 36.50 zone where I am expecting to make a pullback.
Red count is a 3rd wave of the blue count and the impulse has an extended 5th wave.
Good luck! Hope you etnered this trade. I will post updates for this trade, also I am in.
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Also I am expecting your analysis and how youu see the market for solana.
XAUUSD EW analysis update. Bull trend started!Last week I missed the structure in wave B(red color in chart) the correction wave B actually already ended in 5 waves. I missed the wave 4 hidden in tf H1.
And now Bull trend has been started for wave C (red color in chart), base on SNR structure wave 1 (yellow color in chart) not finish yet and I target wave 1 finish around 1739 there is resistance. And wave 2 target start to retrace from there.
But the marking is just my target base on what market give from last week. Will update time to time the next structure for next week. This is my opinion, if you have any idea pls comment below.
USDJPY LONG - Long - termThe USD/JPY is currently at levels last seen in 1988, the second correction in the upcoming bull run is complete, and more dollar strength may be ahead. Although this is a strong resistance level, I think price may break through to levels around 157.78 as a first target. This would represent an equivalent length of the first impulsive wave that started in January 2012 and ended in May 2015.
There is also a very good chance that the current wave could last twice as long as one, or at least 1.618 times as long.
Disclaimer: The information provided here is only for educational purposes and should NOT be taken as investment advice.
XAUUSD near the critical supportAs expected price go down to for wave B. Base on my elliott wave count, wave 5 (yellow color in chart) need to be complete for finish the correction wave B (red color in chart) after that we can see price move up to retest 1800 for wave C. This is my opinion, if you got any idea pls comment below
CHZ/USDT Elliott Wave count 4H TFChiliz into an ABC correction after a leading diagonal impulse to the downside.
I entered long here with targets into the box. I will update TP after I see more price action, but I am expecting to hit 0.5 or 0.618 fib retracement of the impulse.
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