Elliott Wave — Wave Analysis — TradingView (2024)

In my previous analysis, I suggested buying cheap Bitcoin at 67k and now the price has gone up to 71k in a single day:What now? Will this pump continue? It's possible, but I am waiting for lower prices because the current pump has created a huge FVGAP on the daily chart. These GAPS tend to be filled sooner rather than later. What's more, the price hit a...

FX:XAUUSD has been breaking through ATH and testing 2450 since the opening of the session. Possible reasons could be fundamentally weak dollar, as well as geopolitical reasons related to IranEarlier we defined exactly the end of the correction, the intermediate bottom at that moment was the area of 2300 and since that moment the price has overcome the way of...

FX:XAUUSD is forming a correction to the liquidity area after ATH update. To continue the growth the market needs to get confirmation from the bulls. The price still looks quite confident.A corrective wave is being formed, confirming the end of the impulse bullish wave and the market's readiness to go for a fifth, which in general determines the medium-term...

BINANCE:BTCUSD , after a shake-up (False Breakout), relative to the liquidity zone of 59-60K, is forming a bullish impulse, which is also favorably influenced by fundamental reasonsOn the local timeframe there are signs of the end of the locational correction and the beginning of the formation of the third wave. The bullish trend is starting to revive, but...

Bitcoin is breaking out of the bear market structure and creating a new uptrend that will lead to an all-time high! This thesis is supported by the fact that after the halving event, Bitcoin always goes up (statistically, 100% probability). The halving event took place 1 month ago and cut the reward for mines by half. It's recommended to trade with the trend to...

ETH from 2022 low.Identifying the corrective structures.With bear side GZ broken in the ETF hype pump, is this a suckers rally or moon?

I've been saying for some time now that the real ATH is still ahead of us. I base this on a few points of observation. First, the Elliot Wave Theory:Then we're taking a look at an inverse H&S pattern observed on the daily:Another bullish point to consider is that we have been able to hold above 60k successfully, showing that buyers are scooping up lower...

Hello friendsIn the NZDUSD currency pair, we see the formation of a 3- or 5-wave Elliott pattern.Considering that wave 3 or C is more than 1.618 times wave 1 or A and its sub-waves are not yet completed, we expect the price to grow to the range of 2.618 times wave 1 or A.This price increase has been done with a break and pullback to the resistance level of...

FX:USDCHF is forming a false breakdown of range support and uptrend, which opens the market to buy potential. CHF is weakening stronger than the dollar and this could support the uptrend.On D1, the price tested the MA-50 ascending average with a false breakdown, as well as a strong support area at 0.900. Liquidity capture and candlestick set-up form the price...

With what started as a questionable move in the current fractal has finally given enough hints for me to come up with what I believe is a solid prediction. Starting from $15K, BItcoin printed an impulsive Wave 1, a flat correction for Wave 2, an impulsive Wave 3, a zig-zag for Wave 4 and we're not sitting in Wave 5.Though not always, when Wave 4 is a zig-zag,...

🔥Today, I want to analyze the Toncoin(TON) project for you. I chose this project because the Notcoin(NOT) token is listed in several exchanges today.💡You might ask, what does the NOT token have to do with the TON token ❗️❓🙏Please be with me📚 What is Notcoin(NOT)❗️❓ 🔸Around 2018, Telegram developers decided to launch their own layer 1 Blockchain...

Update to my idea previous where I mentioned that I expect a wave B down and then a wave C up. Now that I expect this wave 2 to have completed, it is time to short BTCUSD.

Possible wave 4 of C is in progress and should soon complete. Wave 5 of C is the last leg down and will probably reach the 1.618 Fibonacci level before the market shift up.Good LUck

From an Elliott Wave perspective, we can see that the index is in the middle of a strong impulsive wave that started in late 2022. We are now trading towards the end of the third wave, which will be followed by a 4th wave correction and a final 5th impulsive wave. The third wave should end between 40,500 and 41,500, and the correction that follows should reach...

This one continues to make new highs and is still not done yet.It is 100% up since shared it for the first time.The Elliott Wave count is self explanatory as to where it is heading in the coming months.In my opinion, the next good buying good opportunity would be the blue wave (iv) pullback.Shall update as price develops further.Thanks for reading!

At the moment, I still don't see a clear bullish argument for ONE, even with the upside on the last few days.My primary count considers we still have one more leg to the downside for black 5 / gray C.There is a strong resistance level in 0.0250.I'll consider we're bullish again if we break the purple level (at 0.0304).

Using multiple fibs from multiple time frames, we should see a pull back at $18858 while heading toward the 5th wave at $19319 with a pause/correction around $19115Blue line from wave 3 to anticipated wave 5 is the same length as wave 2 to wave 4. Therefore arriving at $19319 - final 5th wave.Starting at the bottom of wave 4 using Fib extension, we plot...

OANDA:XAUUSD on the background of weak dollar and favorable fundamental background realizes the accumulated potential after breaking through resistance. The price is testing the global resistance of 2431. The market is bullish again, which was supported by economic news, mainly related to inflation. Technically, the gold is again interested in strong buyers...