M_Gheysvandi

Triangle Break of the ascending trendline at the bottom of the triangle Pullback Price drop? Ripple No patience No time

Hello friends On the Bitcoin chart, we see the formation of a complete Elliott wave pattern. These waves from 1 to 3 or C are quite clear and we can even count its sub-waves. Now a 3-wave ABC has formed. We cannot be exactly sure that this is a complete zigzag because wave C can be extended and the price will fall further. But we consider it wave 4 assuming that this zigzag is completed. So we will wait for the formation of an upward wave in the form of wave 5. The target is first $86,500 and then $88,000. Good luck and be profitable.Good luck and be profitable.

Hello friends As predicted, we expected a 5-wave formation, which happened, and with the formation of a divergence between waves 3 and 5, the price of gold fell. Now a small wave with 5 parts has formed, which could be wave A of a zigzag. We expect the price to grow by 61.8% of the decline that occurred in the main wave B. Now, considering the psychological support of $3,000, this price reversal may happen right now or it may fall to the $2,960 range and then the price will grow. In general, we will have a growth in the main wave B and then another sharp decline in the main wave C. Meanwhile, the RSI indicator has also reached the oversold limit. Good luck and be profitable.Good luck and be profitable.

Hello friends On the gold price chart, we are witnessing the formation of an Elliott wave pattern. In this pattern, we can clearly count 3 waves. Wave 1 or A has 5 microwaves, wave 2 or B is an opening triangle, and wave 3 or C also has 5 microwaves. Between microwaves 3 and 5 of wave 3 or C, we also see a negative divergence, which is a reason for our correct counting. But what is going to happen after that? We expect a price correction in the form of a zigzag or anything other than an opening triangle. This correction will reach the $2,960 range and the next target will be $2,930. The probability of the price continuing to rise after this correction is very high. You can enter a sell trade by breaking the price range of 3022 with a stop loss of 3046. Be successful and profitable.

Hello friends Especially those who are new members (welcome) In the digital currency Bitcoin, after a sharp rise and the formation of a range zone, we saw a drop in the price of Bitcoin. Today we want to check whether this drop continues or not? If the answer is yes! How far? We see a corrective pattern on the daily timeframe. This pattern is flat with a long wave C. The structure of this pattern is 3-3-5. Wave C is 5 waves. Now we are in wave 5 and we are waiting for a slight increase in the price to the $ 86,500 area and then the price will drop to the $ 73,500 area. This area is a static support and we expect a reaction at this price. Good luck and be profitable.Good luck and be profitable.

Hello friends, We are witnessing a 5-wave impulse pattern on the gold chart. Waves 1 to 5 have been completed and a zigzag of the subsequent waves has also been completed. Now we need to check what will happen. Usually, after each Sharpe growth, a deep correction will also occur. All the 5 main waves have been identified and have occurred, and I would expect a correction. Given that a zigzag wave has occurred in the correction, we can expect a triangle or most likely an Expanded Flat. An Expanded Flat has a 3_3_5 structure, with wave C extending and growing to 161.8 times the length of wave A. This structure consists of 2 zigzags in the majority of waves A and B, a 5-wave in the majority of wave C. If the bottom formed by wave A is broken, a sell trade can be entered. The price target is the range of $2,750 and then $2,720. Be successful and profitable.

Hello friends We are witnessing the formation of a bullish pattern on the Ethereum chart and we expect the Ethereum price to grow. Now if we look at the chart, we see that the formed microwaves indicate an upward trend and this trend can be formed in the form of 5 impulse waves or ABC zigzags. But we are in wave 3 or C and we expect the price to grow until its microwaves are completed. But the appropriate range for entry is the $2770-2780 range, because in addition to a strong support, the price cannot close in the closing range of wave 1. Therefore, the best entry price is this range but it can also grow from this price. This depends on your capital management and risk tolerance. This is a weekly analysis and it will take 8 to 12 weeks to achieve it. The first target price is $4,850. Be successful and profitable.

Hello friends We witnessed the formation of a 5-wave bullish pattern on the gold chart and our expectation was for the gold price to grow, which was realized (refer to the previous analysis). Now all the microwaves up to the main wave 3 or C have been completed and we expect a price correction to the $2,720 range. After this correction, the growth or continuation of the price correction depends on the type of wave formed and the global and economic conditions. But in any case, our strategy for now is to correct the price and take a sell trade to the $2,720 range. Be successful and profitable.

Hello friends On the Gold chart, we are witnessing the formation of a 5-wave bullish pattern, which indicates an increase in the value of gold. These 5 bullish waves are wave 5 of 3. Now this wave is wave 3 of 3 or C. That is, we are faced with two scenarios, in both scenarios the price should increase. Anyway, we expect the price to grow to the $2725 range, and the second target is the $2744 range. Be successful and profitable.Be successful and profitable.

Hello friends In the Ripple digital currency, we are witnessing the formation of a 5-wave bullish pattern. Of course, this pattern can also be a zigzag with wave C extended! But we assume 5 bullish waves. Currently, waves 1 to 4 have formed and we are waiting for wave 5 to form. If the price moves upwards from the 2.35 range, our hypothesis will be confirmed and we can enter a buy trade and set the stop loss at the 2.25 range. The price target can also be the 2.57 or 2.67 range, depending on the extension of wave 3. But if it breaks down from the range, it will drop to the 2.14 range. Good luck and be profitable.Good luck and be profitable.