SEi 1d Price is currently sitting on the ma200 acting as support, it is also in the flip zone where price had a multiple reactions. 5 wave count marking the start from the lowest low, it is now down by 45% from the last swing high. MA100 + bullish OB on the breakout of wave3 fails to hold as support and in turn become a breaker/resistance when price made a turn upwards. Connected swing lows to form the trendline support. Possible scenarios would be: 1. Inducement taken out around 0.37, fill small gaps & mitigate demand zone of wave 4. 2. Raid wave 4 lows, fill gaps and mitigate demand zone of wave 2. 3. Bounce on the ma200+trendline support
We can see more decline but this is temporary We can see more decline but the trend is still up and the targets are very big But it is better to be aware of the entry points from the 0.96 area and any other decline you can strengthen by buying and maintain your buying positions without worry The targets are investment and not quick speculation
The levels and logic for buy trade is given...Even with Overall market is weak. this stock is holding its gain. Poised to give bo above buy levels
? Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Conduct your own due diligence before making any trading or investment decisions. Elliott Wave Structure: Macro Structure: - Alphabet is in a long-term bullish Elliott Wave cycle on the weekly timeframe. - The chart showcases a completed Major Wave (I) and is now likely entering a corrective Wave (II) before continuing upward into Wave (III). Wave (I) Completion: - Wave (I) ended near $240 after a five-wave impulsive structure. - Alphabet is now entering a potential corrective phase, aiming to complete an ABC structure in Wave (II). Current Levels: - Price: $189.30 - Alphabet is consolidating after the peak of Wave (I), showing signs of an impending corrective pullback. Invalidation Level: - The invalidation level for the bullish wave count is $83.56. A break below this level would negate the current Elliott Wave structure. Support and Resistance Zones: Key Support Levels: - $175 - $160: Expected support zone during the corrective Wave (II). - $150 - $140: Deeper retracement zone in case of extended corrections. Key Resistance Levels: - $210 - $220: Immediate resistance zone during the ABC corrective phase. - $250+: Breakout level for Wave (III) continuation. For Long-Term Investors: The bullish long-term structure is intact. Consider accumulating shares during corrective pullbacks near the $175 - $160 support zones. Macro Catalysts to Monitor: - Earnings Reports: Alphabet’s advertising revenue and cloud growth will be critical to validate its bullish trajectory. - Sector Performance: Tech sector recovery and broader market sentiment will significantly impact Alphabet’s stock performance. - Macroeconomic Environment: Federal Reserve policies, interest rates, and economic data could influence market momentum. Conclusion: Alphabet remains a long-term bullish candidate with a promising Elliott Wave structure. While short-term corrections are expected, the macro trend points to a continuation toward $300 and beyond in Wave (III). ? What's your take on Alphabet’s outlook? Drop your thoughts or questions below! ?
IMO the BTC price would pump & dump in the current range
? Disclaimer: This analysis is for educational purposes only. It is not financial advice. Always do your due diligence before trading or investing. Key Observations: Elliott Wave Structure: - Amazon is following a bullish Elliott Wave sequence on the weekly timeframe. - The chart highlights the completion of a Major Wave II corrective phase and a strong impulsive Major Wave III underway. - Amazon has recently completed Wave (I) within Cycle Wave III and is likely heading for a corrective Wave (II). Price Action and Current Levels: - Current Price: $219.39 - Amazon recently peaked within Wave (I) at approximately $260. - The invalidation level is marked at $81.76, below which the current wave structure would be invalidated. Support and Resistance Zones: Key Support Levels: $200 - $190: Anticipated support for Wave (II) correction. $175 - $160: Stronger long-term support zone for any extended pullback. Key Resistance Levels: $260 - $270: Resistance from the prior high of Wave (I). Beyond $300: Long-term bullish target for Wave (III). Wave Forecast: After the completion of Wave (I), Amazon is poised to enter a corrective Wave (II), likely taking the form of an ABC correction. Once the correction concludes, Wave (III) is expected to initiate a strong upward rally, targeting $300 and beyond. Trading and Investment Strategy: For Long-Term Investors: - The bullish macro structure remains intact. - Consider accumulating shares during the anticipated Wave (II) pullback in the $200-$175 zone. Earnings Reports: Amazon's profitability and growth metrics will play a key role in validating this bullish outlook. Sector Performance: The tech sector's recovery will be pivotal in propelling Amazon higher. Macroeconomic Conditions: Fed policy, inflation rates, and consumer demand are key factors impacting valuation. Conclusion: Amazon is positioned for a long-term bullish run, supported by strong fundamentals and Elliott Wave analysis. While short-term corrections are likely, the overarching trend suggests significant upside in the years ahead. ? What’s your take on Amazon’s future? Drop your thoughts below or ask any questions! ?
The formation of head and shoulder pattern is a indication of Market Structure Shift (MSS) in the trend adding towards the downside, now we wait for the price to break below the neckline and retest to sell.
Happy New Year! I might actually end up being wrong on this one because the order flow actually seems to be bearish.. I’m essentially betting on the potentially of it reversing/my predicted low to be protected. If you’re already in a sell congratulations, this trade idea is taking advantage of the incoming buy. My issue is the TP. I don’t know if it’ll get hit. Enjoy and trade safely!
Why? 1. DataDance Secures Multi-Million-Dollar Seed Funding Led by Hash Global (1 day ago) Impact on APT: Positive This indicates growing interest and investment in projects within the ecosystem Aptos is supporting. Increased funding in connected projects can lead to higher adoption, collaborations, and an eventual demand increase for APT. 2. Tomarket Announces Transition From TON to Aptos for Upcoming TOMA Token Release (1 week ago) Impact on APT: Positive A transition from another blockchain (TON) to Aptos suggests trust in Aptos' scalability, speed, or ecosystem. This can attract developers, investors, and users, potentially boosting APT's demand. 3. Tomarket Partners with Aptos Foundation to Launch PSECZ:TOMA and Build Future Products (2 weeks ago) Impact on APT: Positive Partnership news further establishes Aptos' utility and credibility in the blockchain space. Building products on Aptos could increase network activity and ecosystem growth, positively impacting APT. 4. Crypto VC Funding Witnessed a Significant Surge, Avalanche Gains $250M (2 weeks ago) Impact on APT: Neutral to Slightly Positive Although this is Avalanche-specific, it shows a general bullish sentiment in the crypto market. VC interest might also spill over to other projects like Aptos if its ecosystem remains active and innovative. Overall Sentiment: The first three news items have a positive tone, which could help in stabilizing or pushing APT's price upward if paired with favorable market conditions. One love; Sherry SOC.
Happy New Year all! This trade idea is really for a long overall but while the long is setting up we can always take the sell especially seeing as price is in premium. Recent price has failed to break the high. I expect that high to get swept and for price to come down to the next potential entry for the long.