$WIF 30m 📈

bullish scenario 🟢⚡️

#StartInvestingInCrypto #altcoins #WIF_Usdt #DOGEWIFCOIN #ElliottWaveTheory

#RUNE 4hr. Chart Analysis

$RUNE [ThorChain] at present going to Bullish trend after the update news and it will be moving under #ElliottImpulsiveWave and after completed its final Wave recently, it was starts moving towards first #CorrectionWaves formally as well.

From $3.1 at 7th Nov., its #ElliottWaveTheory starts and grown upto $6.68 around and finally now its correction wave starts that will be finish out approx. $4.5 to $4.3 before next week start-up with new cycle.

Lets see, whats the actual points of movements at every cut-off points but major chances that it will be take a correction before another #Bullish trend towards next ride of $13-$15 next time.

Always DYOR before investing or Trading and use Stoploss into Tradings too, Its NFA 🙏

Bitcoin's resurgence, driven by recent positive developments such as Fed Chairman Jerome Powell's remarks and strong US employment data, has reignited optimism among option traders, with expectations of hitting $75,000 and $100,000 thresholds. QCP Capital analysts noted the uptick in volatility and rates post-recovery, emphasizing a positive BTC risk reversal favoring calls over puts. This sentiment bolstered traders' outlook for higher price targets in September.

John Glover, Chief Investment Officer at Ledn, shared a bullish stance, predicting a potential surge to $92,000 for Bitcoin. Leveraging the Elliott Wave theory, Glover suggested a probable correction to $52,000-$55,000 before embarking on the upward trajectory towards $92,000. Despite recent fluctuations, Glover remains confident in Bitcoin's price action aligning with his anticipated Wave 4 pattern, with the ultimate projection pointing to the $92,000 mark.
#Bitcoin #BTC #Cryptocurrency #MarketAnalysis #ElliottWaveTheory #PricePrediction #OptionTrading

📉 Bitcoin falls to new weekly low on consumer sentiment drop and rising inflation. Negative ETF flows add pressure ahead of inflation report. Buy liquidity weak at $60K, bids at $58K. Heat map hints at $52K drop. Elliot Wave suggests potential bottom. Better buying next week? #etfflows #ElliottWaveTheory

Market Price Movement $BTC Education: What Is the Elliott Wave Theory?

The Elliott Wave Theory in technical analysis describes price movements in the financial market. Developed by Ralph Nelson Elliott, it observes recurring fractal wave patterns identified in asset price movements and consumer behavior. Investors who profit from a market trend are described as riding a wave.

Key Takeaways:
- The Elliott Wave theory is a technical analysis of price patterns related to changes in investor sentiment and psychology.
- The theory identifies impulse waves that establish a pattern and corrective waves that oppose the larger trend.
- Each set of waves is within another set of waves that adhere to the same impulse or corrective pattern, described as a fractal approach to investing.

How Do You Trade Using Elliott Wave Theory?
If a trader sees an asset moving upward on an impulse wave, they may go long until it completes its fifth wave. Anticipating a reversal, the trader may then go short on the asset. Underlying this trading theory is the idea that fractal patterns recur in financial markets. In mathematics, fractal patterns repeat themselves on an infinite scale.

#ElliottWaveTheory #financialeducation #ElliottImpulsiveWave #ElliottImpulsiveWave #Elliottwaves

Did You Know,
#ElliottWaveTheory
#elliotwave
@Mr_Master
The Elliott Wave Theory is a concept in technical analysis used to analyze financial market cycles and forecast future price movements. Here's a simple explanation:

Basic Concept: The theory proposes that market price movements follow repetitive patterns, known as waves, which are influenced by investor psychology and crowd behavior.

Five-Wave Structure: According to Elliott Wave Theory, market cycles consist of impulsive and corrective waves.

Impulsive waves: Move in the direction of the larger trend and are composed of five smaller waves labeled as 1, 2, 3, 4, and 5.

Corrective waves: Move against the larger trend and are composed of three smaller waves labeled as A, B, and C.

Three Rules for Impulsive Waves:

Wave 2 cannot retrace more than 100% of wave 1.

Wave 3 cannot be the shortest of waves 1, 3, and 5.

Wave 4 cannot overlap with the price territory of wave 1.

Wave Interpretation:

Waves 1, 3, and 5 represent the direction of the primary trend (upward or downward).

Waves 2 and 4 are corrective waves that provide opportunities for market participants to enter positions in the direction of the larger trend.

Corrective Waves:

Corrective waves (A, B, and C) retrace a portion of the preceding impulsive wave.

They provide a temporary pause or counter-trend movement within the larger trend.

° Traders and analysts use Elliott Wave Theory to identify potential entry and exit points in the market, determine price targets, and assess the overall market trend.

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Can anybody analyse any coin using #ElliottWaveTheory and publish it as a post here?

🚀BULLISH on UNISWAP/USDT

💡UNI/USDT Confluences:
📈Falling wedge(Ending diagonal in Elliott Wave)
📈Possible last wave of A. We are now pushing upward to B.
📈TrendLine Retested
📈Bounce at 0.88(88%) Fibocci(Strong Suppott)
📈Bulish Divergence 1 Day.

#Binance #Uniswap #TechnicalAnalysis #LongPosition #ElliottWaveTheory

We are now seeing a triangle formation happening where:

wave c is 50% of wave a
wave d is 76.4% of wave b

After wave e is complete, we would see the trend to continue if there's no wave x or extended wave d formation.

#ElliottWaveTheory #Fibonacci