AMA_FX

AMA_FX

Hello My new project is Kadena (KDA) and it is more than one year I am monitoring its movements. For such a new project, this ugly wave 1 is normal and what I expect from this symbol is to mimic its last rally in 2021 which was so sharp. We should wait to see if it starts its rally correlated with BTC after breaking out the upper boundary of Ending Diagonal. Blue...

AMA_FX

Hello It is another project that might see surprising prices but the reason I am showing you this symbol is to illustrate some stunning facts of EW principles. In this chart, you see how Fractals happened for every fifth wave (Fractals) and it comes exactly from the mass psychology of that instrument (It is not magic). Do you think we will see another extended...

AMA_FX

Hello I expect a time consuming patter like Ending Diagonal for wave C last week, but what has happened is like an Expanded Flat that is respecting to the channel boundaries. It does not matter what it is, because we will have 2 approach. If it rise we can use this channel as a dynamic resistance for our SL level, but if it wants to fall we must focus on...

AMA_FX Updated 

Hello I am so ok talking about this chart because I really have some basic issues with its structure but because some of you asked me to mark it in Elliott way, so I did it and I hope it works for us. The last rally of this trend obviously was an impulse but the end of this rally is probably going to make an Ending Diagonal and if it happens, we will see a sharp...

AMA_FX Updated 

Hello everyone Maybe I should have waited and see what will happen but I really want to give you all of my ideas. BTC is in wave 4 (The worst corrective pattern) and so we should wait to get a reliable confirmation to get in. This idea is not very strong but just keep it in mind. One of my annoying problems is that Altcoins do not have much more chance to...

AMA_FX Updated 

Hello everyone FTM is on of the most beautiful symbols in the market, in terms of Elliott Principle, but it has had many alternatives recently in its corrective waves and it seem that there is more correction for it. I should chose my side and I chose bullish market for but please consider a second scenario for its wave II cycle to go down. Thanks

AMA_FX Updated 

Hello everyone I know if I show you this time frame it might be possible that some of you criticize me but it is my wavy and I always get good views for my next months. One important thing is that all technical and elliott rulse are becomes more reliable as long as you go to higher timeframes. In this chart, we are in a break out candle (I named it) that will...

AMA_FX

Hello According to our last ideas about Crypto projects, ICP is following the rules and what was happened between the prices 2.83 and 20.98, was as its wave I cycle and for now ICP is making wave II correction to start its huge rally. Isn't amazing for a project that has made 10x profit for only its wave I and I can not predict how high it will give us. In this...

AMA_FX

Hello Please take time and read my idea. I want to discuss about XRP. As you know there are many controversial topics about this coin but for me as a chartist, what is important is its waves and movements. What I see is a long-term correction that might be a triangle which happens in a time-consuming situations. Another considerable point is the sub-waves of...

AMA_FX

Hello I am living the crypto market for a while and I have become sure that this market is not for trading thanks to many manipulations and ... After long-term bearish market, it seems that AR is making a bullish impulse and if my estimate is correct we will face a considerable correction as wave II cycle very soon. Thanks

AMA_FX Updated 

Hello It seems that BTC has mede its wave (1) intermediate of wave 5 primary of wave 3 cycle and will go to make last wave 5 cycle before a main correction that might happen in the end of the year. By the way, I just guess this chart and we must get the confirmation. Thanks

AMA_FX Updated 

Hello everyone I do not want to mention any entry signal in this chart but I just want to say that Apple a few waves 1,2 that are the part of extensions, so I do not believe that Apple experience very deep corrections yet and Rally has not finished yet.

AMA_FX

Hello I am sorry for what I want o say and I do not want to be rude but I really believe that Crypto market is not good place for wave traders (and probably the other methods) but for investment is a heaven. Some of coins are really confusing and I do not see any consistent correlation between them. MATIC is one of them and for now, what is happening in the upper...

AMA_FX

Hello As we all expected , this symbol reversed (if it is impulse) but what is really important for me is the correction pattern that GME is going to make in the next week. In terms of Elliott Principle, what did happen today morning was Smart Money as wave 1 which is not for us unless you would sit in the front of your screen for more than 1000 days to catch it...

AMA_FX

Hello I do not talk about Gold in 1 hour timeframe chart because we all know about this situation. I just want to give an immediate idea that can be true or failed. Just focus on confirmation and invalidation levels. Thanks

AMA_FX Updated 

Hello everyone As I mentioned before, my ideas in hourly timeframes in correction patterns have many uncertainties and they are just to give you an idea about what might happen. You must not rely on them and get in any positions till you have reliable confirmations. My ideas that do not have Fibo level and is in general view are only to give you a view. For this...

AMA_FX

Hello I am an elliotician (at least I want to be) and as you, Elliott works with mass psychology, so when you see a chart ( mostly in large timeframes) that has neat pattern it can come from a consistent and stable psychology of this chart and its investors. (This is only my experience and conclusion and I have never read it any text books). What I can see simply...

AMA_FX Updated 

Hello every one As we all expected, Dow starts a bullish trend from the first day of the week but we do not know if last week correction finished and what I have counted is correct or it is just wave b intermediate of ABC of wave 2 Primary. Note : There is another scenario that say we are in huge recession and what is happening is internal wave of an ABC cycle...