Waves
Is Wave Ready for Reversal? $30 is the strong support area Waves moved 7X in few weeksand made high of 63. Now its showing retracement and 29-31 will act as strong support area. Currently trading at 31. Buy once you see a 30 minute strong candle near 30-31, We may see target at least 30-50% upmove
EWT Correction Wave - SBIN - New lifetime highs soon 🚀Hi Traders, Here is a detailed analysis on SBIN which has been following Elliott Wave Correction Theory, on 1h, We are currently experiencing Wave B and we have to enter at the beginning of Wave C i.e. near 480 levels. Pls refer to the above chart to notice characteristics of each wave. Also SBIN has been following a strong uptrend, we can see it is taking support at the same trendline that it has had been following since November 2020. Also we have turned a major supply zone into demand zone and we are also at a 0.618 fib retracement level aka golden zone. Now we have witnessed many confirmations. Let us moon together. Happy Trading 💹E
WAVES - Impending Bounce Back?WAVES has broken out from its down trend line but has not yet bounced back as hard as most other altcoins from last week's lows.
It is so far trading sideways between the 0.23 and 0.38 Fib levels, but could be headed upwards taking support of and facing resistance from the higher Fib extension levels drawn.
Subject to a large extent to BTC maintaining above 38K and possibly breaking its own 40K resistance.
NFA. DYOR.
what are you waiting for rising ?This is my personal opinion and observation. it is not financial advice.
Don't miss the great buy opportunity in WAVESUSDT @ The WavesTrading suggestion:
. There is a possibility of temporary retracement to 13.5/14$
. traders can set orders based on Price Action and expect to reach short & long term targets.
Technical analysis:
. WAVE is in a uptrend and the continuation of uptrend is expected.
. The price is above 14$ zone leads more upside.
Take Profits:
TP1= 22/24$
TP2= 28/30$
tp3= 38$
SL = 11$
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I got that sunshine in my pocketThis is my personal opinion and observation. it is not financial advice..
There is a trading opportunity to buy in WAVESETHTechnical analysis:
. Waves/Ethereum is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00550 to 0.00425). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00550)
Ending of entry zone (0.00425)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.0072
TP2= @ 0.0091
TP3= @ 0.0110
TP4= @ 0.0133
TP5= @ 0.0156
TP6= @ 0.0192
TP7= @ 0.0214
TP8= @ 0.0241
TP9= @ 0.0289
TP10= Free
There is a trading opportunity to buy in WAVESUSDTechnical analysis:
. Waves/US Dollar is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 68.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.7760 to 0.5160). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.7760)
Ending of entry zone (0.5160)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 1.2260
TP2= @ 1.7560
TP3= @ 2.4290
TP4= @ 3.2815
TP5= @ 4.1290
TP6= @ 4.9075
TP7= @ 7.6290
TP8= @ 9.8280
TP9= @ 12.0200
TP10= Free