MohamedSewid
@Sewid
Elliott Waves 🌊
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$CFX
#CFX is showing a possible bottom signs in the current price level.
Passing $0.23 confirms going up.
Breaking $0.14, $0.12 & $0.10 (which are supports) is bearish and would probably take the price down to the $0.08 level.
#ConfluxNetwork #Conflux
#CFX is showing a possible bottom signs in the current price level.
Passing $0.23 confirms going up.
Breaking $0.14, $0.12 & $0.10 (which are supports) is bearish and would probably take the price down to the $0.08 level.
#ConfluxNetwork #Conflux
#OTHERS
I expect the total market cap of the crypto market excluding the top 10 to reach a new all time high as long as it’s above $191.5B
#altsesaon
I expect the total market cap of the crypto market excluding the top 10 to reach a new all time high as long as it’s above $191.5B
#altsesaon
$AVAX
#Avax is among the leader coins with consistent high volumes.
There's a possible bullish Cup & Handle pattern that would be in action if the price passes $65.4 (the confirmation) and then would target the ATH.
Breaking $22.6 invalidates the idea (the stop-loss).
#Avalanche
#Avax is among the leader coins with consistent high volumes.
There's a possible bullish Cup & Handle pattern that would be in action if the price passes $65.4 (the confirmation) and then would target the ATH.
Breaking $22.6 invalidates the idea (the stop-loss).
#Avalanche
$MATIC 🟣
• Entry Range: Between $0.317 : $0.183
• Bullish Confirmation: Passing $1.29
• Stop Loss: Below $0.183
#MATIC #POL #Polygon
• Entry Range: Between $0.317 : $0.183
• Bullish Confirmation: Passing $1.29
• Stop Loss: Below $0.183
#MATIC #POL #Polygon
$EDU
#EDU has been going in sideways since approximately it's issuance.
I think it's performing a bullish pattern to target either a new ATH or to reach the tops.
Passing $0.74 is a confirmation of the idea.
Breaking $0.47 is a stop-loss and invalidates the idea.
#OpenCampus
#EDU has been going in sideways since approximately it's issuance.
I think it's performing a bullish pattern to target either a new ATH or to reach the tops.
Passing $0.74 is a confirmation of the idea.
Breaking $0.47 is a stop-loss and invalidates the idea.
#OpenCampus
$PYR
#PYR has been in a bearish trend since Dec 2021. It bounced twice recently in Aug and Nov 2024 from a historical Demand zone.
In the long term its bullish. But in the short term I expect 2 scenarios. The yellow is a bearish one that expects a further drop to the demand zone to mark a major bottom, breaking $2.1 confirms the yellow scenario. The white one is bullish and expects the price to continue going up to pass $6.9 which is the confirmation of the white scenario.
#PYR has been in a bearish trend since Dec 2021. It bounced twice recently in Aug and Nov 2024 from a historical Demand zone.
In the long term its bullish. But in the short term I expect 2 scenarios. The yellow is a bearish one that expects a further drop to the demand zone to mark a major bottom, breaking $2.1 confirms the yellow scenario. The white one is bullish and expects the price to continue going up to pass $6.9 which is the confirmation of the white scenario.
$BTC
Elliott Waves analysis does not specify the target but rather indicates the path. This means that as long as the price is reaching new highs, we can continue following the price’s upward movement until we label 5 smaller waves. At that point, caution and profit-taking should begin.
Based on the Fibonacci extension from wave 1 with the bottom of wave 4, the target range is between approximately $99,000 and $150,000. However, an extension could occur, making wave 5 the longest, and the price could reach up to $240,000, which serves as resistance. We cannot confirm anything definitively until observing price movement during the rise.
#BTC #Bitcoin
Elliott Waves analysis does not specify the target but rather indicates the path. This means that as long as the price is reaching new highs, we can continue following the price’s upward movement until we label 5 smaller waves. At that point, caution and profit-taking should begin.
Based on the Fibonacci extension from wave 1 with the bottom of wave 4, the target range is between approximately $99,000 and $150,000. However, an extension could occur, making wave 5 the longest, and the price could reach up to $240,000, which serves as resistance. We cannot confirm anything definitively until observing price movement during the rise.
#BTC #Bitcoin