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Ethereum ETHUSD Buying The Dips After Elliott Wave Double Three

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Hello traders ! In this article we’re going to take a quick look at the Elliott Wave charts of Ethereum ETHUSD published in members area of the website.  As our members know ETHUSD has given us nice bullish trading setup recently. We got a pull back that has ended at the Blue Box zone,our buying area.  In the further text we are going to explain the Elliott Wave Forecast and trading setup.

ETHUSD Elliott Wave 1 Hour  Chart 12.19.2024

Ethereum is currently in a correction, forming an Elliott Wave Double Three pattern. The structure is still incomplete, and the pullback is creating lower lows. ETHUSD is likely to drop further into the 1139.8 – 2788.3 range (blue buying zone).

We don’t recommend selling ETHUSD and prefer looking for buying opportunities. From this zone, ETHUSD is expected to either rally to new highs or make a 3-wave bounce.

Once the bounce reaches the 50% Fibonacci level relative to the (X) high, we’ll move the stop loss to break-even (BE) and take partial profits.

 

Have any questions about Market, Elliott Wave or Trading ? Our chat groups inside the membership area are open 24 hours a day during trading days, so feel free to ask questions and get expert insights anytime. We’re here to help!

ETHUSD

ETHUSD Elliott Wave 1 Hour  Chart 12.26.2024

ETHUSD made an extension toward our buying zone: 1139.8 – 2788.3  as expected. The crypto found buyers at the Blue Box , and we got a good reaction from there. The bounce reached 50 fibs against the (X) connector. As a result, traders who entered long positions are now enjoying risk-free profits. With the price holding above the 3099  low, we expect further strength to follow.

Dear traders, before you sign up, reach out to our sales department at vlada@elliottwave-forecast.com. We’ll make sure you’re getting the best deal possible with exclusive discounts and offers. Don’t hesitate—send us an email and let’s get you some savings

Elliott Wave Forecast

Thank you for exploring our ETHUSD Trading Setup. While we analyze 78 different instruments, it’s important to understand that not every chart is a trading recommendation. Therefore, for our official trading recommendations, we invite you to join us in our Live Trading Room. There, we provide actionable insights in real-time. If you’re not yet a member, you can take advantage of our 14-Day Trial to discover new trading opportunities.

Over time, we have refined a reputable trading strategy that accurately defines entry points, stop losses, and take profit levels. Consequently, by joining us, you will have the opportunity to learn from market experts and improve your trading skills.

Join us today !

📈 Elevate your trading with Elliott Wave Forecast!

🔍 Explore our expert insights and real-time analysis covering Forex, Indices, Commodities, Cryptocurrencies, Stocks, and ETFs across 78 instruments.

📊 Gain exclusive access to our Official Trading Recommendations in the Live Trading Room, where seasoned experts provide valuable insights and guidance on new trading opportunities.

💰 For just $9.99, unlock a wealth of knowledge and experience with our 14-day Trial. Experience firsthand our proven trading strategy, which accurately defines Entry, Stop Loss, and Take Profit levels, empowering you to make informed decisions with confidence.

👉 Ready to take the next step? Sign up now and seize the opportunity to enhance your trading performance. Click here to start your Trial today!

Nike Reacting Perfectly From Elliott Wave Hedging Area

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In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of Nike ticker symbol: $NKE. We presented to members at the elliottwave-forecast. In which, the decline from 01 October 2024 unfolded as an impulse structure. And showed a lower low favored more downside extension to take place. Therefore, we advised members not to buy the stock & sell the bounce in 3, 7, or 11 swings. Based on Elliott wave hedging area looking to get 3 wave reaction lower at least. We will explain the structure & forecast below:

Nike 4-Hour Elliott Wave Chart From 12.19.2024

Nike Reacting Perfectly From Elliott Wave Hedging Area

Here’s the 4-hour Elliott wave chart from the 12.19.2024 update. In which, the cycle from the 01 October ended in wave (1) as an impulse structure at $72.70 low. Up from there, the stock made a bounce higher in wave (2) to correct that cycle. The internals of that pullback unfolded as Elliott wave zigzag structure where wave A ended at $81.18 high. Wave B pullback ended at $76.31 and wave C managed to reach the elliott wave hedging area at $84.50- $89.75 area. From there, market makers agrees for the minimum reaction lower to take place.

Nike Latest 4-Hour Elliott Wave Chart From 12.29.2024

Nike Reacting Perfectly From Elliott Wave Hedging Area

This is the latest 4-hour Elliott wave Chart update. In which the Nike is showing a strong reaction lower taking place, right after ending the zigzag correction within the equal legs area. Allowed members to create a risk-free position shortly after taking the long position. Since then, the stock has made a new low below $72.70 low confirming the next extension lower towards $66.05- $61.29 area lower before next bounce takes place.

If you are looking for real-time analysis in Nike along with the other stocks & etfs then join us with a 14-Day Trial for the latest updates & price action.

Success in trading requires proper risk and money management as well as an understanding of Elliott Wave theory, cycle analysis, and correlation. We have developed a very good trading strategy that defines the entry.

Stop loss and take profit levels with high accuracy and allow you to take a risk-free position, shortly after taking it by protecting your wallet. If you want to learn all about it and become a professional trader. Then join our service by taking a Trial.

Netflix Is In Process Of Doing Five Waves Advance

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Short Term Elliott Wave view in Netflix ticker symbol: $NFLX suggests that rally from 8.05.2024 low is incomplete & should continue upside. It is showing 3 swing higher since August-2024 low & expect more upside against 11.18.2024 low. It ended 1 at $736 high as diagonal & 2 correction at $669 low. Within 1, it placed ((i)) at $711.33 high, ((ii)) at $660.80 low & ((iii)) at $728 high. Wave ((iv)) ended at $696.43 low & finally ((v)) ended at $736 high as wave 1. Within 2 correction, it placed ((a)) at $699.78 low, ((b)) at $710.24 high & ((c)) at $669 low near 50% Fibonacci retracement of 1.

Above 2 low, it favors upside in wave 3 in another 5 waves impulse sequence. Whereas wave ((i)) ended at $773 high, wave ((ii)) ended at $744.26 low. Wave ((iii)) ended at $841 high, wave ((iv)) ended at $804.30 low and wave ((v)) at $941.75 high. Below from there, the stock made a pullback in wave 4 to correct the cycle from 10.17.2024 low. The internals of that pullback unfolded as Elliott wave double three structure where wave ((w)) ended at $909.61 low in a lesser degree 3 waves.

A bounce to $928.94 high ended wave ((x)) and started the ((y)) leg lower towards $896.73- $876.79 blue box area where buyers were expected to appear. Since then the stock has reacted higher from the blue box area allowed longs to get into a risk free position. Therefore ended wave 4 pullback at $881.01 within the blue box area. Near-term, as far as dips remain above $881.01 low and more importantly above $804.46 low the stock is expected to resume the upside in wave 5. For minimum extension target towards $956.38- $979.68 area higher (inverse 123.6%- 161.8% Fib extension of wave 4). Before ending the cycle from 8.05.2024 low in 5 waves advance & making a pullback.

Netflix (NFLX) Latest 45-Minutes Elliott Wave Chart

Netflix Is In Process Of Doing Five Waves Advance

Netflix Elliott Wave Video

Bitcoin BTCUSD Forecasting the Rally After 3 Waves Pull Back

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Hello fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of Bitcoing BTCUSD  , published in members area of the website. As many of our members are aware, the crypto has given us good buying opportunities recently.  BTCUSD is showing impulsive bullish sequences in the cycle from the 52598 low , that are calling for a further strength.  In the further text we are going to explain the Elliott Wave Forecast.

BTCUSD Elliott Wave 1 Hour  Chart 12.10.2024

BTCUSD completed wave 4 (red) at the 92154 low and wave ((ii)) (black) at the 94275 low. Both corrections formed Elliott Wave Zig Zag patterns. Currently, we are near completing the intraday pullback (ii) (blue).  As long as the price stays above the 94275 low, and more importantly above the 92154 low, we expect further strength in the crypto. This could ideally lead to new highs. We advised against selling

Official trading strategy on How to trade 3, 7, or 11 swing and equal leg is explained in details in Educational Video, available for members viewing inside the membership area.

BTCUSD

BTCUSD Elliott Wave 1 Hour  Chart 12.13.2024

Bitcoin held above the 94275 low and rallied further, as expected. The current view suggests that we completed a 5-wave rally from the 94275 low, labeled as (i) blue. We may see a 3-wave pullback toward the 50-61.8% Fibonacci zone, around 98392-97406, before more upside. The next target area to the upside is between 106326 and 110716.

Keep in mind, the market is dynamic. The presented view could change over time. You can check the latest charts and target levels in the membership area of the site. The best instruments to trade are those with incomplete bullish or bearish swings. These are listed in the Sequence Report, and the best ones are shown in the Live Trading Room.

Dear traders, before you sign up, reach out to our sales department at vlada@elliottwave-forecast.com. We’ll make sure you’re getting the best deal possible with exclusive discounts and offers. Don’t hesitate—send us an email and let’s get you some savings

Elliott Wave Forecast

Thank you for exploring our Bitcoin analysis. While we analyze 78 different instruments, it’s important to understand that not every chart is a trading recommendation. Therefore, for our official trading recommendations, we invite you to join us in our Live Trading Room. There, we provide actionable insights in real-time. If you’re not yet a member, you can take advantage of our 14-Day Trial to discover new trading opportunities.

Over time, we have refined a reputable trading strategy that accurately defines entry points, stop losses, and take profit levels. Consequently, by joining us, you will have the opportunity to learn from market experts and improve your trading skills.

90% of traders fail because they don’t understand market patterns. Are you in the top 10%? Test yourself with this advanced Elliott Wave Test

Join us today !

📈 Elevate your trading with Elliott Wave Forecast!

🔍 Explore our expert insights and real-time analysis covering Forex, Indices, Commodities, Cryptocurrencies, Stocks, and ETFs across 78 instruments.

📊 Gain exclusive access to our Official Trading Recommendations in the Live Trading Room, where seasoned experts provide valuable insights and guidance on new trading opportunities.

💰 For just $9.99, unlock a wealth of knowledge and experience with our 14-day Trial. Experience firsthand our proven trading strategy, which accurately defines Entry, Stop Loss, and Take Profit levels, empowering you to make informed decisions with confidence.

👉 Ready to take the next step? Sign up now and seize the opportunity to enhance your trading performance. Click here to start your Trial today!

 

Natural Gas Bouncing From Elliott Wave Blue Box Area

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In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of the Natural Gas futures ticker symbol: $NG_F. The rally from the 28 August 2024 low showed a higher high sequence & provided a short-term opportunity at the blue box area. In this case, the pullback managed to reach the Elliott wave blue box area & bounce higher. So, we advised members not to sell Natural Gas but to buy the blue box area for a minimum reaction higher to happen. We will explain the structure & forecast below:

Natural Gas 1-Hour Elliott Wave Chart From 12.04.2024

Natural Gas Bouncing From Elliott Wave Blue Box Area

Here’s the 1-hour Elliott wave Chart from the 12.04.2024 New York update. In which, the rally to $3.563 high ended wave 1 & made a pullback in wave 2. The internals of that pullback unfolded as Elliott wave double three structure where wave ((w)) ended at $3.071 low.  A short-term bounce to $3.500 high then ended wave ((x)) & started the next leg lower in wave ((y)) towards $3.009- $2.705 equal legs area. From there, buyers were expected to appear looking for new highs ideally or for a 3-wave bounce minimum.

Natural Gas Latest 1-Hour Elliott Wave Chart From 12.10.2024

Natural Gas Bouncing From Elliott Wave Blue Box Area

Above is the Latest 1-hour Elliott Wave Chart from the 12.10.2024 London update. In which the Natural Gas is showing a perfect reaction higher taking place from the equal legs area. Right after ending the double correction. Allowed members to create a risk-free position shortly after taking a long position. But a break above $3.563 high is needed to confirm the next leg higher minimum towards the $4.336- $4.658 area & avoid deeper correction lower.

If you are looking for real-time analysis in Natural Gas along with the other commodities then join us with a 14-Day Trial for the latest updates & price action.

Success in trading requires proper risk and money management as well as an understanding of Elliott Wave theory, cycle analysis, and correlation. We have developed a very good trading strategy that defines the entry.

Stop loss and take profit levels with high accuracy and allow you to take a risk-free position, shortly after taking it by protecting your wallet. If you want to learn all about it and become a professional trader. Then join our service by taking a Trial.

QQQ Produced Perfect Reaction Higher From Blue Box Area

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In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of QQQ. We presented to members at the elliottwave-forecast. In which, the rally from the 05 August 2024 low unfolded as an impulse structure and showed a higher high sequence. Suggested that ETF should see more upside extension to complete the impulse sequence. Therefore, we advised members not to sell the ETF & buy the dips in 3, 7, or 11 swings at the blue box areas. We will explain the structure & forecast below:

QQQ 1-Hour Elliott Wave Chart From 10.23.2024

QQQ Produced Perfect Reaction Higher From Blue Box Area

Here’s the 1-hour Elliott wave chart from the 10.23.2024 Midday update. In which, the short-term cycle from the 10.01.2024 low ended in wave ((i)) as impulse at $498.83 high. Down from there, the ETF made a pullback in wave ((ii)) to correct that cycle. The internals of that pullback unfolded as Elliott wave zigzag structure where wave (a) ended at $487.57 low. Wave (b) bounce ended at $497.44 high and wave (c) managed to reach the blue box area at $486.19- $479.21. From there, buyers were expected to appear looking for the next leg higher or for a 3 wave bounce minimum.

QQQ Latest 1-Hour Elliott Wave Chart From 10.29.2024

QQQ Produced Perfect Reaction Higher From Blue Box Area

This is the latest 1-hour Elliott wave Chart from the 10.29.2024 Post-Market update. In which the ETF is showing a reaction higher taking place, right after ending the zigzag correction within the blue box area. Allowed members to create a risk-free position shortly after taking the long position at the blue box area. Since then the ETF has managed to make a new high above $498.83 high confirming the next extension higher towards $506.53- $519.81 area before profit taking & a pullback happens in another 3 swings at least.

If you are looking for real-time analysis in QQQ along with the other Stocks & ETFs then join us with a 14-Day Trial for the latest updates & price action.

Success in trading requires proper risk and money management as well as an understanding of Elliott Wave theory, cycle analysis, and correlation. We have developed a very good trading strategy that defines the entry.

Stop loss and take profit levels with high accuracy and allow you to take a risk-free position, shortly after taking it by protecting your wallet. If you want to learn all about it and become a professional trader. Then join our service by taking a Trial.