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By CryptoChamp · Posted
Dogwifhat (WIF) is showing promising growth, with its price currently sitting at $3.56, marking a 51.38% gain over the past month. The WIF crypto price has been buoyed by strong whale activity and increasing adoption, including a significant listing on Robinhood. Analysts are optimistic, forecasting a potential rise to $10 during this bull run, with further gains expected in 2024 and beyond. The price of WIF has seen a strong upward trajectory, recently rising from $3.14 to a peak near $4.00 before consolidating at $3.57. This upward momentum is supported by a bullish inverse head and shoulders pattern, signaling further potential. However, key resistance levels remain at $4.80, and breaking past this zone could pave the way for a surge toward $7.00 and even $10. Despite being 34% below its All-Time High of $4.83, Dogwifhat remains an exciting prospect. With a WIF price prediction for 2024 suggesting it could climb to between $4.19 and $6.04, some analysts believe the WIF coin could reach new heights by 2030, possibly hitting $14.31. For now, WIF price today stands strong, with growing interest in WIF crypto. Investors should keep an eye on support levels and momentum to make well-informed decisions. Also Read: Hamster Kombat Price Prediction 2024-2030 -
By tradinglounge · Posted
HDFC LIFE INSURANCE – HDFCLIFE (1D Chart) Elliott Wave Technical Analysis Function: Larger Trend Higher (Intermediate degree Wave (3), orange) Mode: Motive Structure: Impulse Position: Minute Wave ((iv)) Navy Details: Minute Wave ((iv)) Navy is looking potentially complete around 640 within Minor Wave 3 Grey of Intermediate Wave (3) Orange. Potential upside target is seen towards 843 mark. Invalidation point: 610. HDFC LIFE INSURANCE Daily Chart Technical Analysis and potential Elliott Wave Counts: HDFC LIFE INSURANCE daily chart is indicating a progressive rally, which could be unfolding Minute Wave ((v)) of Minor Wave 3, within Intermediate Wave (3) against 610 mark. A major support is seen around 510, which is Minor Wave 2 termination, and prices must stay higher to keep bullish count intact. The stock had earlier dropped through 458 lows around March 2023, which is marked as Intermediate Wave (2) Orange. An impulse rally towards 710 is marked as Minor Wave 1, while Wave 2 unfolded as a combination. If the above holds well, prices should ideally stay above 610 mark to keep the impulse structure intact as Intermediate Wave (3) unfolds. HDFC LIFE INSURANCE – HDFCLIFE (4H Chart) Elliott Wave Technical Analysis Function: Larger Trend Higher (Intermediate degree Wave (3), orange) Mode: Motive Structure: Impulse Position: Minute Wave ((iv)) Navy Details: Minute Wave ((iv)) Navy is looking potentially complete around 640 within Minor Wave 3 Grey of Intermediate Wave (3) Orange. Potential upside target is seen towards 843 mark. A drop below 610 might require a re-assessment though. Invalidation point: 610. HDFC LIFE INSURANCE 4H Chart Technical Analysis and potential Elliott Wave Counts: HDFC LIFE INSURANCE 4H chart is highlighting the sub waves since Minor Wave 2 Grey terminated around 510 in June 2024. Minute Wave ((iii)) of 3 carried through 760 mark and Minute Wave ((iv)) might be complete around 635-40 range. If correct, prices should turn higher from here. Alternatively, if prices continue to drop below the 610 mark, we would consider changing the proposed wave degree against Minor Wave 2 lows. Conclusion: HDFC LIFE INSURANCE is now progressing higher within Minute Wave ((v)) of Minor Wave 3 within the Intermediate Wave (3) Orange against 610 lows. Elliott Wave Analyst: Harsh Japee Source : TradingLounge.com get trial here! -
By tradinglounge · Posted
AMCOR PLC – AMC Elliott Wave Technical Analysis TradingLounge Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with AMCOR PLC – AMC. We see ASX:AMC possibly pushing a little lower in the short term, then possibly starting to push higher with a 3-grey wave. AMCOR PLC – AMC 1D Chart (Semilog Scale) Analysis Function: Major trend (Intermediate degree) Mode: Motive Structure: Impulse Position: Wave 2-grey of Wave (3)-orange Details: Wave 1-grey has ended, and wave 2-grey is pushing a little lower. Then wave 3-grey can come back to push higher. We can also place a pending buy position at the top of wave 1-grey. Invalidation point: 15.20 AMCOR PLC – AMC 4-Hour Chart Analysis Function: Major trend (Minor degree, grey) Mode: Motive Structure: Impulse Position: Wave 2-grey Details: Looking closer since the low at 15.20 wave 1-grey has just completed recently, and wave 2-grey is pushing a little lower, as long as it does not push lower than 15.20 then the view that wave 3-grey will return later is still valid. We can also place a waiting position to buy above the top of wave 1-grey. Invalidation point: 15.20 Conclusion: Our analysis, forecast of contextual trends, and short-term outlook for AMCOR PLC – AMC aim to provide readers with insights into the current market trends and how to capitalize on them effectively. We offer specific price points that act as validation or invalidation signals for our wave count, enhancing the confidence in our perspective. By combining these factors, we strive to offer readers the most objective and professional perspective on market trends. Technical Analyst: Hua (Shane) Cuong, CEWA-M (Master’s Designation). Source : Tradinglounge.com get trial here! #AMC #ElliottWave #TradingLounge #ASX #ASXStocks #Stocks
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