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BTCUSD possible Elliot wave counts (up, then down and again up)Hello friends, here we had shared BTCUSD Bitcoin chart with possible Elliot wave counts on daily, 4 hourly and on hourly chart which seems aligned with each other, so the conviction increases.
Well, on daily time frame it seems that post correction we are unfolding wave 1 of some degree, in which we had already done wave 1-2-3-4 of one lower degree, and now possibly we are unfolding wave 5 of 1, so post completion of wave 1 we can assume that retracement is due as a wave 2 which can unfold as wave ABC hopefully, Overall we are in impulse towards north, one can wait for dips as a wave 2 to grab an opportunities to find best entry to go long, so we should have to ride only in right direction because right direction is always more important and better then speed. I am not sebi registered analyst, My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
Possible wave counts on daily time frame
Possible wave counts on 4 hourly time frame
Possible wave counts on hourly time frame
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Bitcoin $31k is not so far follow me !cryptocurrency is right now consolidating its price by not moving high and low
there are close lows and close highs at the moment of btc price
the patience will decide the future results
filtration of risk takers are there
now trading psychology game is there
the best is yet to come
follow me for right and strong direction and the movement analysis for cryptocurrencies
DOT/USDT Swing TradePolkadot is near support zone on hourly chart, we can take a small swing trade here.
Entry:
We can go long after close of strong bullish candle near support zone.
Stoploss:
We can keep the stoploss below the support zone.
Target:
We can keep the target near the next resistance zone.
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THIS IS LITECOIN TETHERUS.LITECOIN 4H marked POI important level for LONG.
Once market mitigate that POI then we see a clearly a LONG Opportunity.
WHY LONG? Because we already know where the price will go.
I marked 2 HIGHS on chart first @107.16 05MAY22
And we can see rejection on 16FEB23 @105.86 price couldn't touch the previous High which is @107.16
CORRECT ME IF I'M WRONG!!!
ETHUSD - Time to go up?If you look at the monthly chart of ETHUSD, you will notice that the price is at discount zone and has hit an important Discount Array (FVG). It has reached the 50% of the FVG and reacted in a positive way.
Now we need to look at lower timeframes (1 Week and 1 Day) to see if price is willing to go higher.
Now this would be the right time to Invest if we see signs of price wanting to go higher.
This is just my personal view on ETHUSD. Please do your own research before taking any decisions.
$BTC Daily update$BTC at $20,812 support, if you shorted like signaled yesterday then you in profit😎. $21,299 resisting which is clearly expected, last 4H close looks fine so it should hold $20,812 temporarily. last 1D close put bearish engulfing on the chart which presents risk at $20,812. Watch given S/R areas given on the chart
#Crypto #Cryptotrade #Cryptosignals #Cryptotrading #LoopringUSDTLoopringUSDT chart after consolidating at bottom showing a breaout
Also Rounding bottom formation at base & after small breakout again consolidating in small range from last 4-5days
Positionally looks good above 1.232 levels for positional target of 1.45/1.63 with SL of 0.81 levels
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade