❕Disclamer❕
My analyses aren't predictions even though they have a predictive character.
It's about indicating the most probable Elliott Wave scenario and identifying the crucial pivot points to navigate through the crypto-market.
No financial advice or paid service.
Enjoy❕
$BEAM
The alt. scenario would now be my favorite. This could give us the chance for additional entries around the $0.026 area and a subsequent strong wave (3).
For now, I want to wait and see how the price reacts to the trendline.
#ElliottWave#Crypto#Trading#BEAM#gaming
$BEAM
Beam is at a decisive point where it will determine which scenario unfolds. The alternative scenario is very likely now, as it would come into effect with another marginal low.
This would also provide nice entry points again.
#ElliottWave#Crypto#Trading#BEAM#gaming
$XAI
Xai broke the trendline and completed 5 waves up.
On lower timeframes like this, I wouldn't trade the scenario very aggressively. Instead, I would use it as an entry point for increasing my position and without a tight stop loss.
#Crypto#Trading#Elliottwave#XAI
$XAI
Added some more at the low of wave (a). Can't tell if a low is already in, but I would like to see the reversal somewhere in that area soon.
Either way, this is a good entry point, and my stop loss is also wide.
#Crypto#Trading#Elliottwave#XAI
$ETH
Right now, it's hard to say which scenario will play out because I could count the last upward move as 3 waves, but also as 5 waves.
However, it's not a clear impulse to me, so I prefer to be a bit more patient there.
#ElliottWave#Crypto#Trading#ETH#Ethereum
$ETH
The scenario remains unchanged, and the low could be in, but it's too early to further confirm that.
I want to see a clear impulse before I'm confident about a possible bottom.
So be prepared for wave (B) resistance as well.
#ElliottWave#Crypto#Trading#ETH#Ethereum
$ETH
The scenario remains unchanged, and the low could be in, but it's too early to further confirm that.
I want to see a clear impulse before I'm confident about a possible bottom.
So be prepared for wave (B) resistance as well.
#ElliottWave#Crypto#Trading#ETH#Ethereum
$ETH
We swept the low of purple (4) as mentioned in the tweet before.
Now I would expect at least one more leg down to complete the correction.
However, keep in mind that if we get a rally soon, this could just be the (B) wave.
#ElliottWave#Crypto#Trading#ETH#Ethereum
#BTC
Two scenarios I'm looking at:
1) Break and hold above blue circled high, I'll look to the formed demand to go long around the 64.9k pivot
2) Failure to reclaim the above level and I have the red low circled at 59.2k on the table. Run that into the weekly fvg and I'll look for longs.
Next upside target if we go on a tear would be 77.7k - as long as we avoid any double top / lower high into 72-73k.
Overall scenario that I'd love to see personally:
- Reclaim 64.9k pivot now, run it up into 71-73k but put in a lower high or double top.
- Larger dump into the Weekly FVG starting 59k
- This would serve as our pre-parabolic advance correction .
$BEAM
Beam is at a decisive point where it will determine which scenario unfolds. The alternative scenario is very likely now, as it would come into effect with another marginal low.
This would also provide nice entry points again.
#ElliottWave#Crypto#Trading#BEAM#gaming
$BEAM
We have huge support on the way down, but we dont have to fully test it.
The current corrective structure is a bit messy; however, I still believe we are in wave (IV) right now but there isn't a sign for a local low yet.
#ElliottWave#Crypto#Trading#BEAM#gaming
$XAI
Added some more at the low of wave (a). Can't tell if a low is already in, but I would like to see the reversal somewhere in that area soon.
Either way, this is a good entry point, and my stop loss is also wide.
#Crypto#Trading#Elliottwave#XAI
$XAI
The alternative scenario becomes more likely, as we approach one of the last important support levels of the primary count.
Reaching the support area for wave (2) again would provide good entries, which I would like to use as well.
#Crypto#Trading#Elliottwave#XAI
$ETH
We swept the low of purple (4) as mentioned in the tweet before.
Now I would expect at least one more leg down to complete the correction.
However, keep in mind that if we get a rally soon, this could just be the (B) wave.
#ElliottWave#Crypto#Trading#ETH#Ethereum
$ETH
We entered the trend reversal area for wave (4), and we might find support there.
I could imagine a sweep of the low down there, but it's not necessary.
#ElliottWave#Crypto#Trading#ETH#Ethereum
$XAI
The alternative scenario becomes more likely, as we approach one of the last important support levels of the primary count.
Reaching the support area for wave (2) again would provide good entries, which I would like to use as well.
#Crypto#Trading#Elliottwave#XAI
$XAI
The correction led us into the defined support area for wave (ii). I have no evidence yet that the low is in but it could be.
However, I also placed some orders at the low of the blue wave (2).
#Crypto#Trading#Elliottwave#XAI
$XAI
The correction led us into the defined support area for wave (ii). I have no evidence yet that the low is in but it could be.
However, I also placed some orders at the low of the blue wave (2).
#Crypto#Trading#Elliottwave#XAI
$XAI
The overall bullish expectations will only be invalidated if we sustainably break below $0.7.
In between, you'll find the two crucial support areas in white and blue, which can serve as entry points.
#Crypto#Trading#Elliottwave#XAI
$BEAM
We have huge support on the way down, but we dont have to fully test it.
The current corrective structure is a bit messy; however, I still believe we are in wave (IV) right now but there isn't a sign for a local low yet.
#ElliottWave#Crypto#Trading#BEAM#gaming
$BEAM
We are in the defined support area for wave (ii) where I would expect the trend reversal, but we could also move into the alternative scenario where we have some more space to correct.
However, both scenarios are bullish.
#ElliottWave#Crypto#Trading#BEAM#gaming
$AI
This is my main scenario, and I already bet on it, but with a wide stop loss.
I will also add some more in the current region.
#ElliottWave#Crypto#Trading#AI#SleeplessAI
$SOL
I should have let the position run but these things happen, and you shouldn't dwell on them.
So, Solana has convinced me of a more bullish scenario, and I see further rises and on the way up support areas could serve for entries.
#ElliottWave#Crypto#Trading#SOL#Solana
$ETH
We entered the trend reversal area for wave (4), and we might find support there.
I could imagine a sweep of the low down there, but it's not necessary.
#ElliottWave#Crypto#Trading#ETH#Ethereum
$ETH
Our target has been reached without any significant retracement.
Don't get me wrong, I'm still very bullish overall, but I'd like to derisk a bit in this area while still keeping enough chips on the table.
#ElliottWave#Crypto#Trading#ETH#Ethereum
@MadsonMoney I like to scale into positions because it's hard to get the perfect entry.
I start buying at the first relevant support levels and increase my position further the lower we go.
$DOT
The slow progress in circle wave 3 leaves room for the possibility that we are in an alt. circle wave 4 of (C).
This could lead to a new low in the correction of wave (II).
Keep this in mind for risks and opportunities.
#ElliottWave#Crypto#Trading#DOT#Polkadot
$DOT
So far it looks like we've ideally completed the correction and I primarily assume that Wave 1 is not finished yet.
Nevertheless, the white trend reversal area could offer new opportunities for long positions.
#ElliottWave#Crypto#Trading#DOT#Polkadot
@MadsonMoney These are the most probable scenarios in my opinion.
So, we are currently in an area where we could find the low but in an ideal case, we would follow the primary scenario into the blue box.
$SEI
Really a good-looking chart from an Elliott Wave point of view.
Both scenarios would provide very nice opportunities.
#ElliottWave#Crypto#Trading#SEI
$SOL
I should have let the position run but these things happen, and you shouldn't dwell on them.
So, Solana has convinced me of a more bullish scenario, and I see further rises and on the way up support areas could serve for entries.
#ElliottWave#Crypto#Trading#SOL#Solana
$SOL
Due to the lack of a clear impulse structure, I close my position in the target area of wave (3).
ABC structures are less reliable, so I prefer to focus on charts with clearer patterns.
Nonetheless, I am pleased with the profit
#ElliottWave#Crypto#Trading#SOL#Solana
$AI
Changed the count a little bit.
However, this doesn't effect my expectations. We're just getting another chance for lucrative entries.
#ElliottWave#Crypto#Trading#AI#SleeplessAI