In our previous update, see here, and as shown in Figure 1 below, we found for Bitcoin (BTCUSD) by using the Elliott Wave Principle (EW) that, “… BTC bottomed exactly at the 61.8% retracement of the ...

An ascending fifth wave of larger degree 5 presumably continues unfolding on the weekly chart, with wave (1) of 5 formed as its part. A bearish correction continues developing in the form of the ...

When it comes to Elliott Wave principle, the most important thing for me is to focus on clear wave structures. I don’t want to spend time on price action that is messy, choppy, and very hard to read.

MetaTrader 4, or MT4, is one of the most widely used trading platforms across the globe. First introduced in 2005 by MetaQuotes Software, it was designed with retail traders in mind. The key to its ...

EURUSD likely completed a wave ((x)) high last week near 1.1743. The short-term trend now points downward. The next downside targets are 1.1170, and possibly 1.1030. EURUSD completed a bullish impulse ...

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox. GBP/USD caught a second softly bearish session on Monday, colling back into touch range of the ...

The cryptocurrency market has witnessed Bitcoin’s meteoric rise, with its price soaring to $118,000 recently. Yet Elliott Wave Theory suggests a million-dollar valuation remains distant, likely ...

Don't call the top yet, market analyst specializing in the Elliott wave theory, told CoinDesk. He added that bitcoin (BTC) will rally to around $140,000 this year before slipping into a bear market in ...

The decline that began on July 1 appears to be the beginning stages of wave ((ii)). The first wave of the decline, wave (a), finished July 16. The rally to today is a countertrend bounce wave (b). It ...