Hello Traders, the NIFTY50 extend his gains to 24857 on December 05th! After, a sharp decline to 23537 occurr. This move took the shap of a flat in progress, and if so to come, the next move would be to the upside. Targets remain from 24537 to 25234 area. Note the detailed count. The advance from the December 5th low is three waves and so a wave w! The decline is an, so called, "whatever correction", and the possible move to the upside, if so to come, must be an ("a-b-1-2-3-4-5")-y advance! Thereafter a decline to lower lows below 23263 should be next! But it is to early to judge and we have an eye to the facts. In fact! If this move was all of the correction (@ 23263) the next move is an impulse to new highs in the coming weeks. Have a great week..... Ruebennase Please ask or comment as appropriate. Trade on this analysis at your own risk.
Expecting siemens to reach level of 7200 in next week keep it on Rader as due to heavy selling there will be a good buy side move coming sue to fvp
After a big fast move upwards yesterday, ETH is prone to go down again to a target around 3.225 which is supported by RSI indication.
SQ is coming out of a long phase of base building that has lasted several years and has repeatedly failed at resistance around the 90 dollar mark. The stock is now at precisely this level, which coincides with the AVWAP from the ATH. It is questionable whether the share can hold above this level or fall below it again.
Gold 23 - 27 December weekly --------------------------------------- Weekly Resistance Area 2694.33 - 2671.99 Support Area 2540.67 - 2536.61 Have a profitable week. God bless you.
Ethereum has printed a Rising Star candle on the daily chart, signaling a potential recharge for the next bull run! ? ✅ Healthy Correction: ETH retraced to $3,000 over the past 2 days, cooling off the rally and resetting momentum. ✅ Bullish Signal: The Rising Star candle confirms renewed buying interest and bullish sentiment. ? Key Level to Watch: If ETH breaks $4,200, the Cup & Handle pattern remains intact on both the daily and weekly timeframes. ? Targets: 146% Gain: Potential move to $7,300 ? 300% Gain: Long-term goal around $12,600 in early 2025 ? ETH is positioning itself as a market leader. Will this candle mark the start of the next big move? ? ⚠️ Trade wisely and always consider the risks! Let me know your thoughts below! ??
#Ethereum We are in the preliminary stage of the parabolic run that started in November 2020 and started after the major correction in December 2020!
Bitcoin is completely manipulated by the banks and huge institutions. They sent Bitcoin down just to make your Christmas and New Year celebrations bad. But luckily I warned you about this crash a few days ago, just before it happened in my previous analysis, when almost everyone was drunk with strong greed. Bitcoin crashed by 15% so far; altcoins are down by 30% to 70%. The last days were very profitable, but let's focus on the future, because that's the most important. Bitcoin bounced a bit from 92k to 99k, giving players hope that the bottom is in. But do not be fooled, this looks like a corrective move for multiple reasons. The first reason is that the crash was extremely fast and strong, pretty much no one expected such a drop in the short term. My Elliott Wave analysis suggests that this is a strong impulse wave 12345 and therefore the start of a larger corrective structure ABC. We have finished wave A, now we are in wave B, and we can expect wave C to finish at around 85k! You want to take a Fibonacci extension, as you can see on my chart. I strongly recommend waiting for 85k because we have an unfilled FVGAP on the daily chart, and this needs to be tested. Write a comment with your altcoin, and I will make an analysis for you in response. Also, please hit boost and follow for more ideas. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss. I share my trades privately. Thank you, and I wish you successful trades!
After my previous optimistic idea, here’s a scenario that seems much more likely! Now I can also see that gold needs a little break before it can head towards the $3000+ target price! I think the $2500 avg. price level is a very good entry point before the first wave of the fifth wave begins.
Lukso - saubere Chartstruktur hinsichtlich der Elliot Wave Theory. Warum also keine Welle 3? Das Sentiment ist wie es sein soll nach einer Korrekturwelle..