In this chart i am make all thing how BTC suffered, the correction face of BTC isn't complete yet the last waves is remaining those who learn Elliot waves they get great idea about this.
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This a Technical Analysis for ADABTC chart on 4 Hour timeframe. It has completed impulse wave 1 and 2. Wave 3 which is usually the longest and strongest wave is just started. Based on the Fib level expected target is somewhere around 5700 to 5800 Satoshis (Taking this a bit on lower side) See the corresponding Fib level as well. Wave 4 retracement may be around...
This Is based on 4 Hour chart for TronBTC. It has just completed Impulse Wave 3 and started retracement Wave 4 which is expected to around 870 to 855 Satoshis (Around .382 Fib level) Impulse wave 5 should then takeover it up to .50 or .618 Fib level with possible target around 1150 Satoshis. Also look at 4 Hour RSI we have a trendline drawn in red.
This is not...
Vedanta has formed a nice rising wedge. However its not visible with highs and lows. Some people might argue that trend ines should be drawn without missing any point. I say what works works. Whats the best indicator?
RSI?
Stochastics?
Super Trend?
On balance Volume?
and best trading strategy
ma cross
Trend line break
Elliot waves
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You name it...
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This chart showcases a few of the Automatic Chart Patterns indicators recently announced in this blog post . If you are a technical trader who relies on chart patterns to make trading decisions and hold a paid TradingView plan, check them out. They automatically identify these popular technical setups:
Bearish and Bullish Flags
Double...
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🥳 Welcome to the 2022 Community Awards! 🥳
It’s that time of year again, which means it’s time for us to shine a light on some of the best content shared on TradingView in 2022. Roll back the clocks with us as we dive deep into the best trade ideas, educational posts, and videos that you shared on our network. Without further ado, let’s jump...
I will never trust anything that can be presented with some objective metrics. Unfortunately, support and resistance are highly subjective concepts so I had to do a lot of digging to find some statistical proof for this working. You can randomly draw lines and see price action acting like it's breaking out or breaking down. You can't rely on purely support...
as there is mention in flag & pole pattern
target can be consider from pole length
and according to elliote wave theory
pattern repeat itself
here we took just small time frame for it
if market doesn't fall freely
and company doesn't give any bad result
then our pattern can show result what we have calculated
DISCLAIMER:There is no guarantee of profits nor exceptions from losses.
Technical analysis provided on the chart is solely the personal views of my research.
You are advised to rely on your own judgments while taking any investing/Trading decisions.
Past performance is not an indicator of future returns. Investment/trading is subject to market risks.
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