WAVES 73 % drop or it will go to ZEROWe really can't be bullish on WAVES. Last days there was a lot of bad news regarding WAVES and USDN which is WAVES' algorithmic stablecoin.
- USDN broke peg again.
- DAXA issued an investor warning and Upbit exchange delisted both assets.
It really gives LUNA's vibes.
Either WAVES will drop very low in this bear market or it will go to ZERO.
High risk coin but with a high risk , a high reward may come.
We will monitor the situation and keep you updated. Stay safe!
Waves
BTC SELL Hello, traders
Bitcoin breaks the SNR level strongly
Now re-test it
And there is a correction of 16500, so we expect the price to fall to break this level, but there are other targets that the price may reach.
USD/JPY SHORT Hello traders
The price has reached a strong reversal area on the frame today, but the size of the area exceeds 60 points, so we will only look at the liquidity gathering area, which is 133.200. If we get confirmation from this point, we sell the dollar against the Japanese yen. The target is the 131.350 area.
XAUUSD UPDATE Hello traders
I think that the gold correction has completed and another bullish impulse wave has begun
NZD CAD SHORT Hello, traders
nzdcad has a downtrend with lower low and lower high
It is now expected that a new bottom will be formed
GBPCAD SHORT Hello traders
We have an impulse from the sellers and a reaction from the buyers corrected so we expect another impulse from the sellers
Real wavesFrom all the dudes tryna solve it Wyckoff was the closest. He even figured out how levels get positioned as supports/resistances (he called it accumulations, re-accumulations, distributions and re-distributions). The only thing he was missing are the actual levels hehe (all these 4 volume absorption processes never happen "in the air", ain't no Phil Collins in this particular case, there's always a level). Levels & waves, one doesn't exist without another one .
It's all simple: every formation of a new level and every test of existing non-cleared level starts a new wave, either in the opposite or in the same direction.
Check the chart, I've marked some waves and made 2 schemes. Every distinct wave has a different color.
Why? How?
Wave sounds cool, "uninterrupted continuous order flow in the same direction" sounds lame and boring af.
Interrupted? Each level interrupts the order flow, even for a lil sec, there's always a volume absorption process happening when levels get formed and when levels get positioned, also when levels get cleared (consumption of liquidity at the level). So, checking the level-to-level buying and selling waves is a perfect way to measure order flow aka incoming volume.
Remember about fractal nature of the market => propagation of principles? It works on tick charts => it works on 1 minute charts, and on 1Q charts, and on every other possible resolutions.
Imaginary wavesAgain as with the levels, first ima tell how to locate both real & imaginary waves, then I'll explain the principle itself, what are they, why it works etc, why we need em & how to use em. It's really easier this way.
Let's start with imaginary waves.
First, pls read the linked "Imaginary levels: fair price aka value", it has an explanation and another common example & about the imaginary levels.
As with imaginary levels, imaginary waves are, well, imagined xd, when there's nothing else, but a decision has to be made.
Look at the chart as if you're in 2k13 (when ASAP dropped Trap Lord) as in the previous example in the linked study, we have an overridden wave 520-1923.7, we have an imagined fair price level somewhere around 1200.
When we have an overridden wave -> we have the imaginary fair price level somewhere ~ in the middle of this wave -> that fair price level divides the real wave into 2 imaginary waves.
As with imaginary levels, imaginary waves can be used for further processing.
EURNZD Wave 2 ComingHello Traders
I project that wave 2 of the major wave is on its way. Trade at your own risk
CADYEN Wave 4Hello Traders,
Here is an analysis on Cadyen, I forecast that it will create Wave 4 and complete the final wave which is Wave 5. Safe entry at end of Wave 4. Stop Loss is above Wave 4.
AUD/USD LONG Hello traders
I think that the audusd correction has ended and another bullish impulse wave has started
XRPUSDTAccording to the previous analysis, we are witnessing a decrease in the downward wave of the price. Wave a of Z is ending.
US100 UPDATE Hello traders
I think a bottom has formed
Another upward impulse wave may start from here
Potential upside for the us100Hello traders
In the next trading session I watch us100 for a buying opportunity if I get confirmation the trade is executed
If WAVES reaches this area, short itNote that this is not a buy or long signal
We have a resistance zone and we are already witnessing a 3D. If the price reaches the red box, it is suitable for a short position
#WAVES - Breakout with potential further growth#WAVES - Breakout with potential further growth
Entry Conditions:
- First Bullish Weekly Pivot
- Second Bullish Weekly Pivot
- Breakout of trendline resistance + Falling Wedge
- Bullish Divergence
- Oversold
XAU going downHello friends
This is XAUUSD analysis in Daily TF and it's about decline
What do you think?
Regards
reza
NZD CHF LONG Hello traders
The impulse for the nzd chf is bullish, and we have a correction pattern, expecting the continuation of the bullish trend until the supply area
Advanced Bitcoin analysisHello traders
We have a strong bullish impulse and an expanding corrective pattern, so we can expect another bullish wave, knowing that the price has breached the upper level of the support area on the weekly chart that we mentioned before.
It is compatible with the command block responsible for breaking the structure
Our data indicates a high success rate
How do I trade gold?Hello traders
i Share how I trade gold
In light of the current data, firstly, the dominant force is the buyers, so I only care about buying
Secondly
I have two ways to trade gold in the current situation
The first way is to wait for a good confirmation of the order area and buy
Or the second method, wait for the price to interact with the demand area, and the rise of the price above the support and resistance area, and can buy in the retest
excellent opportunity to buy US100Hello, traders
We have an excellent opportunity to buy US100 at the support level. If we get a good confirmation and entry point with little risk, we can make a huge profit from this trade.
