LDO is bearish for MidTerm (2D)Before anything, pay attention to the timeframe; it’s a 2-day timeframe and requires patience.
From the point where we placed the red arrow on the chart, it seems that the bullish LDO pattern, which was a triangle, has completed. LDO has now entered a bearish pattern of the same degree as the previous bullish pattern.
LDO is expected to remain bearish in the medium term and not break above the red box marked on the chart.
The low-risk area for buy positions in spot has been identified for buyers.
The closure of a daily candle above the invalidation level will invalidate this analysis
For risk management, please don't forget stop loss and capital management
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Neo Wave
It is hard not to make a profit by trading CPI like thisI have to say that gold is indeed in a bullish pattern at present. After all, gold did not even fall below 3110 during the correction process. However, the current fluctuations are relatively cautious, and we are waiting for the guidance of CPI data, which may exacerbate short-term fluctuations!
To be honest, although gold is in a bullish pattern, the resistance above cannot be ignored, especially the 3150-3155 area and the previous high of 3167. It is not ruled out that gold will form a secondary high during the rise and form a double-top structure with the previous high of 3167, so I will not be a radical in the short term and set the target at 3200.
In addition, during the CPI data period, it is not ruled out that gold will rise and then fall back, so I do not advocate blindly chasing gold. On the contrary, I will definitely try to short gold in the 3050-3060 area. However, the market's long sentiment is high, and it is not advisable to have too high expectations for the magnitude of the correction in short-term trading. The first retracement target area is: 3105-3095, followed by 3080!
USUAL is waking up - the beginning of a new bullish wave?This analysis is an update of the analysis you see in the "Related publications" section
We previously had accurate analyses of USUAL, correctly identifying the highs and lows.
Based on the type of custom order flow visible on the chart and recent candlestick formations, it seems that the buy orders in the lower green zone have been sufficient to trigger a trend reversal.
We’ve now identified a new zone. the upper green zone. as a rebuy area, where we’ll be looking for buy/long positions.
Targets are marked on the chart.
A daily candle closing below the upper green zone would invalidate this outlook.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
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DEGEN Roadmap | A Strategic Look Ahead (1D)After a bullish move, DEGEN's correction has started.
Wave A formed a symmetrical pattern, Wave B was a diametric, and Wave C is also unfolding as a symmetrical. We are currently in the middle of Wave C.
It is expected that DEGEN will drop to the green zone in the coming period, where Wave C is likely to complete.
From the green zone, DEGEN could potentially move toward the red box area.
The targets are clearly marked on the chart.
A daily candle closing below the invalidation level would invalidate this analysis.
For risk management, please don't forget stop loss and capital management
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TAO Analysis (1D)TAO appears to be forming a new corrective pattern from the point where we placed the red arrow, with its wave C potentially completing within the green box.
We are looking for buy/long positions in the green zone.
Targets are marked on the chart.
A daily candle closing below the invalidation level will invalidate this analysis.
invalidation level = 150$
For risk management, please don't forget stop loss and capital management
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SUI Rebuy Setup (12H)After forming a 3D pattern at the top, wave E of a higher-degree pattern has completed.
A new leg has formed from the point marked by the red arrow on the chart.
It seems that wave E will end in the green zone, followed by a strong upward reversal.
Truthfully, there are other support levels above our marked zone, but we have identified the most important one. If the price reaches this level, we can take a safe buy on SUI.
This project is one of the strongest in crypto, but we always manage risk.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
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BTC DOMINANCE is fading - the altcoin wave is coming (3D)This analysis is an update of the analysis you see in the "Related publications" section
First of all, you should know that the time frame is large. the 3-day chart which means altcoins could remain bullish for 1 to 3 months. We should be looking for buy/long positions on altcoins that have strong setups.
We expect a drop from the red zone or even from the current price to complete wave f of this diametric pattern.
Targets have been marked on the chart.
A daily candle closing above the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
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NFP Roadmap (1D)It seems that the NFP has entered a corrective phase from the point where we placed the red arrow on the chart.
Currently, it appears to be in the bearish wave C of this phase, and wave C itself is a symmetrical pattern. At the moment, we are in wave g of this symmetrical pattern.
This symmetrical pattern could complete in the green zone, and the price may enter wave D, which is a bullish wave.
In the green zone, one could look for buy/long positions. it’s best to enter a position with confirmation.
A daily candle closing below the invalidation level would invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
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Dogecoin Daily Chart Analysis: A Fresh Start Ahead ?Hello friends, let's analyze Dogecoin, a cryptocurrency, from an Elliott Wave perspective. This study uses Elliott Wave theory and structures, involving multiple possibilities. The analysis focuses on one potential scenario and is for educational purposes only, not trading advice.
We're observing the daily chart, and it appears we're nearing the end of Wave II, a correction. The red cycle degree Wave I ended around 2024 December's peak. Currently, we're nearing the end of red Wave II, which consists of black ((W)), ((X)), and ((Y)) waves. Black ((W)) and ((X)) are complete, and black ((Y)) is nearing its end.
Within black ((Y)), we have Intermediate degree blue (W), (X), and (Y) waves. Blue (W) and (X) are complete, and blue (Y) is nearing its end. Inside blue (Y), red A and B are complete, and red C is nearing its end. Once red C completes, blue (Y) will end, Once blue (Y) completes, means black ((W)) will end that means higher degree cycle wave II in red will end.
If our view remains correct, the invalidation level for this Elliott Wave count is 0.04913. If this level holds and doesn't touch below it, we can expect a significant reversal to unfold wave III towards new highs. This is an educational analysis, and I hope you've learned something by observing the chart and its texture.
I am not Sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
Ethereum will be in the bears' control in the mid-term (1D)Based on the recent pivot formations, momentum, and wave degrees, we are observing signs of a deeper correction on the Ethereum chart, which we find necessary to warn about.
As you know, we follow technical evidence and signals to provide analysis—we do not predict the market but rather analyze it step by step.
From the point where we placed the red arrow on the chart, Ethereum's price-time correction has begun.
It appears that an ABC pattern is forming, with wave B now completed or nearing completion after losing the trendline (red dashed line).
Wave C should align with the previous waves in degree and have a longer duration than wave A.
Since wave B retraced close to the top of wave A, wave C’s price correction may not fall too far below the low of wave A.
We have two possible scenarios: either Demand 1 will be the market bottom, or Demand 2.
A daily candle closing above the invalidation level would invalidate this analysis. Let's see how it plays out.
invalidation level : 2941$
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You