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By Cryptowarrior · Posted
As of now, ****'s Price is trading at $0.00002112 as per Coinpedia Markets data , with a market capitalization of $1.6 billion. Notably, it has experienced a 12% increase in value over the last 24 hours. Its trading volume has surged by 139.28%, making **** the 26th highest volume cryptocurrency globally. This significant rise in volume highlights the growing interest in ****, leading many to consider its future trajectory and Bonkprice prediction. Strong Position Among Peers BONKPrice performance is particularly remarkable compared to other cryptocurrencies with similar market caps. It ranks higher in trading volume, indicating strong investor interest. This enthusiasm may pave the way for further price increases as market conditions appear favorable for its ontinued growth. Recent Updates in the Ecosystem its ecosystem is evolving, marked by recent updates that enhance its user experience. The coin’s website has been revamped to feature a cleaner, more user-friendly interface, moving away from its initial meme-focused branding. Moreover, it has entered into several promising partnerships, suggesting a positive trajectory for its future. Emerging Partnerships While details about these partnerships remain under wraps, they signal an ongoing transformation within it's ecosystem. This evolution could provide additional momentum for the coin as it seeks to establish itself in the market. Technical Analysis From a technical perspective, it shows encouraging signs. It recently formed a falling wedge pattern, a setup that typically leads to upward movement. Following this pattern, it has successfully broken out and is currently experiencing upward momentum. This breakout is seen as a bullish signal, affirming the asset's potential for growth. Opportunities for Investors Traders who entered early are already reaping the rewards, but there may still be opportunities for new investors to join in. As it enters this expansion phase, technical indicators suggest potential gains of 70-80%. Key resistance points are important for profit-taking, and traders should keep a close eye on these levels to effectively manage their positions. In summary, BonkPrice is demonstrating strong performance and investor interest. With a revamped ecosystem and promising technical signals, the future looks bright for this cryptocurrency. As always, potential investors should stay informed and consider market dynamics before making decisions. -
By tradinglounge · Posted
HERO MOTOCORP – HERO (1D Chart) Elliott Wave / Technical Analysis Function: Uptrend in a Larger Degree (Intermediate Degree in Orange) Mode: Motive Structure: Impulse Position: Minor Wave 5 (Grey) Details: Minor Wave 5 is advancing higher, with support against the 5040 level. Alternatively, Wave 5 might have finished below the 6400 mark. Invalidation Point: 5040 Hero MotoCorp Chart Technical Analysis and Potential Elliott Wave Counts: The daily chart for Hero MotoCorp suggests that Minor Wave 5 (Grey) is progressing upwards towards the 7310 mark, or it may have ended just below the 6400 level. The key support lies at the 5040 level, where Minor Wave 4 (Grey) terminated, helping to confirm if a peak has formed. Since the March 2022 lows around the 2150 level (Intermediate Wave (4) in Orange), the stock has rallied in five distinct waves (Minor Waves 1 through 5) up to the 6360 high. This rally could indicate the completion or ongoing progress of Intermediate Wave (5) in Orange. Additionally, Minor Wave 3 (Grey) included an extension in Minute Wave ((iii)) between the 2245 and 5921 levels. Following this, Minor Wave 4 retraced to 5040, and bulls have since pushed higher to potentially complete Minor Wave 5, part of Intermediate Wave (5) in Orange. HERO MOTOCORP – HERO (4H Chart) Elliott Wave / Technical Analysis Function: Uptrend in a Larger Degree (Intermediate Degree in Orange) Mode: Motive Structure: Impulse Position: Minor Wave 5 (Grey) Details: Minor Wave 5 is advancing higher, with support against the 5040 level. Alternatively, Wave 5 could have ended below the 6400 mark, as the rally between the 5040 and 6350-6360 levels can be subdivided into five waves. Invalidation Point: 5040 Hero MotoCorp 4H Chart Technical Analysis and Potential Elliott Wave Counts: The 4-hour chart for Hero MotoCorp details the internal waves within Minute Wave ((v)) of Minor Wave 3 and beyond. Minor Wave 4 unfolded as an ((a))-((b))-((c)) corrective wave, where Wave ((b)) formed a triangle, and Wave ((c)) ended as a diagonal around the 5040 level. Conclusion: Hero MotoCorp is either continuing with Minor Wave 5 of Intermediate Wave (5) in Orange towards 7310 or has already completed Wave 5 around the 5360 level. Elliott Wave Analyst: Harsh Japee Source : Tradinglounge.com get trial here! -
By tradinglounge · Posted
KO Elliott Wave Analysis Trading Lounge Daily Chart, The Coca-Cola Company, (KO) Daily Chart KO Elliott Wave Technical Analysis FUNCTION: Trend MODE: Impulsive STRUCTURE: Motive POSITION: Wave 3 DIRECTION: Upside in wave 3. DETAILS: Looking for a correction in wave {iv} to be near completion to the resume higher and complete higher degree wave 3, ideally at 80$. The Coca-Cola Company, (KO) 1H Chart KO Elliott Wave Technical Analysis FUNCTION: Counter Trend MODE: Corrective STRUCTURE: Flat POSITION: Wave (c) of {iv}. DIRECTION: Bottom in wave (c). DETAILS: Looking for a bottom in wave (c), as we have reached equality of (c) vs (a) as well as we have reached 38.2% retracement of the advance in wave {iii}. In this Elliott Wave analysis, we will review the trend structure of The Coca-Cola Company (KO) using both the daily and 1-hour charts to assess the current wave position and potential price movements. * KO Elliott Wave Technical Analysis – Daily Chart* On the daily chart, Coca-Cola (KO) is in wave 3 of a larger impulsive structure, and a correction in wave {iv} is expected to be near completion. Once this corrective phase ends, the stock should resume its upward trajectory, aiming for a target around 80 USD, which would likely complete the larger-degree wave 3. * KO Elliott Wave Technical Analysis – 1H Chart* On the 1-hour chart, the structure is currently undergoing a flat correction within wave (c) of {iv}. The wave (c) is nearing a potential bottom, as it has reached equality of wave (c) vs (a) and retraced to 38.2% of the previous advance in wave {iii}. Technical Analyst : Alessio Barretta Source : Tradinglounge.com get trial here!
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