Bitcoin (BTC) Ethereum (ETH) Technical Analysis Elliott Wave
Overview: Wave (4) 38.2% retracement level is around the 42,000 that said the Bitcoin can be pulled to the 40 - 38,000
Bitcoin Elliott Wave Analysis: Looking at two wave counts to complete the move down
Trading Levels: The 40,000 is the Medium Level (ML4) and the next main support, we can usually bring in 38,000 the first Minor level below the Medium Level
Bitcoin Trading Strategy: Looking for the low 40 - 38,000
Gold XAU/USD & Silver XAG/USD Technical Analysis Elliott Wave Forecast
Overview: Gold and Silver have confirmed their trends higher and its the time add long positions
Elliott Wave Gold: Wave (v) of iii) at 1900
Gold Trading Strategy: Expect the market to spend time around the 1900
Adobe ADBE HubSpot HUBS Interactive Brokers Group IBKR Nio Pinterest PINS Zillow Z Elliott Wave Analysis: Elliottician is Alessio Barretta
30 innovative disruptive stocks charts a day are uploaded to tradinglounge.com each week, plus you have access to crypto, indices, commodities and forex
SPECIAL DEAL: 3 MONTHS FOR THE PRICE OF 1 (We have this offer, as we feel a person needs a good amount of time to assess our work) Get Offer here: https://tradinglounge.com/
Elliott Wave Analysis US Stocks
Adobe Inc.,
ADBE: Daily Chart, May 17 2021
Adobe could have completed some sort of wave a) of some degree, possibly a wave a) of a higher
degree wave Z. We could now see a pullback to the upside which should be in 3 and not five.
HubSpot Inc.,
HUBS: Daily Chart, May 17 2021
Hubs is moving as predicted, we are starting to see some signs of support and things with the
indices are starting to align. Let’s see if we get the initial move up this week.
Interactive Brokers Group Inc.,
IBKR: Daily Chart, May 17 2021
IBKR has started to show support as predicted. I personally took a position myself with a very
aggressive entry. I’d recommend to wait for further confirmation of the resumption of the overall uptrend.
Nio Inc.,
NIO: Daily Chart, May 17 2021
Nio has invalidated the bullish count, but we had the alternate ready so we shouldn’t be surprised at
all. Let’s see how deep this C) wave is going to take us.
Pinterest Inc.,
PINS: Daily Chart, May 17 2021
First time I present to you Pinterest. The chart looks solid as the Minor ABC could be nearly
completed if not completed yet.
Zillow Group Class C Inc.,
Z: Daily Chart, May 17 2021
Zillow seems to have unfolded in five waves to the downside which make me think wave C) could
be completed. Let’s wait if we start to see some reaction.
Peter Mathers TradingLounge
Looking to Refine Your Trading and Technical Analysis Skills?
SPECIAL DEAL 3 Months for the Price of 1 Month https://tradinglounge.com/
#crypto #bitcoin #btc #Ethereum
=========================
Connect with Tradinglounge:
Visit Tradinglounge Website: https://www.tradinglounge.com/
Follow Tradinglounge on TWITTER: https://twitter.com/tradinglounge
Follow Tradinglounge on LINKEDIN: https://www.linkedin.com/company/trad...
Like Tradinglounge on FACEBOOK: https://www.facebook.com/tradinglounge/
=========================
Risk Disclaimer
As with any trading or investing opportunity there is a risk of making losses especially in day trading or investments that Trading Lounge expresses opinions on.
Note: Historical trading results are no guarantee of future returns.
Some investments are inherently more risky than others. At worst, you could lose your entire investment and more, so seek financial advice from your financial adviser.
TradingLounge™ uses a range of technical analysis tools, such as Elliott Wave, software and basic fundamental analysis as well as economic forecasts aimed at minimising the potential for loss.
The advice we provide through our TradingLounge™ websites and our TradingLounge™ Membership and social media platforms has been prepared without taking into account your particular objectives, financial situation or needs. Reliance on such advice, information or data is at your own risk.
The decision to trade and the method of trading is for you alone to decide, tradinglounge takes no responsibility whatsoever for your trading profits or losses.