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By tradinglounge · Posted
WTI Elliott Wave Analysis WTI is recovering from the low of September 2024 and could advance further in the coming weeks to $80-90 as a bullish corrective sequence from May 2023 progresses. Thus, provided dips do not exceed the $65.3 Sept-2024 low, the upside appears to be favored in the short term. From the long-term perspective, price is still correcting the massive rally to $130.9 reached in March 2022 by an impulse wave sequence from April 2022. The corrective structure is emerging as a double zigzag structure with wave ((W)) finished in May 2023 where wave ((X)) started. As the daily chart shows, the price completed waves (A) and (B) of ((X)) in October 2023 and September 2024 respectively. Thus, the current rally from 65.3 is for wave (C) and could reach 97.17 if the price proves our Elliott wave analysis right. A break below 65.3 would mean wave ((X)) already finished at the September 2023 high and the outlook will turn bearish to continue wave ((Y)) toward $50 or below. On the H4 chart, the price is currently in wave 3. Precisely in ((iii)) of 3 after completing ((ii)) at 71.56 pending confirmation by the break of the ((i)) high. In the short term, wave ((iii)) is favored to extend to prices over$80. Technical Analyst : Sanmi Adeagbo Source : Tradinglounge.com get trial here! -
By tradinglounge · Posted
TECH MAHINDRA – TECHM (1D Chart) Elliott Wave Technical Analysis Function: Larger Degree Trend Higher (Intermediate Degree, Orange) Mode: Motive Structure: Impulse Position: Minute Wave ((iv)) Navy Details: Minute Wave ((iv)) might be complete as a triangle around the 1600 mark. If correct, Minute Wave ((v)) to resume higher soon. Invalidation point: 1420 Tech Mahindra Daily Chart Technical Analysis and potential Elliott Wave Counts: Tech Mahindra daily chart is indicating a progressive trend higher towards 1800 levels as Minor Wave 3 Grey unfolds. High probability remains that the stock is preparing to resume Minute Wave ((v)) of Minor Wave 3 and prices should ideally stay above 1575 mark. Tech Mahindra had terminated Intermediate Wave (4) Orange around 940 levels in June 2022. Since then, Minor Waves 1 and 2 completed around 1160 and 1105 levels respectively. Furthermore, Minute Waves ((i)) through ((iv)) of Minor Wave 3 also look complete. If the above proposed counts are correct, the stock should resume higher towards 1700-1800 zone as Minute Wave ((iv)) triangle completes. Thereafter, prices should ideally stay above 1420, the termination of Minute Wave ((i)). TECH MAHINDRA – TECHM (4H Chart) Elliott Wave Technical Analysis Function: Larger Degree Trend Higher (Intermediate Degree, Orange) Mode: Motive Structure: Impulse Position: Minute Wave ((iv)) Navy Details: Minute Wave ((iv)) might be complete as a triangle around the 1600 mark. If correct, Minute Wave ((v)) of Minor Wave 3 Grey within Intermediate Wave (5) Orange to resume higher soon. Invalidation point: 1420 Tech Mahindra 4H Chart Technical Analysis and potential Elliott Wave Counts: Tech Mahindra 4H chart is highlighting the sub waves since Minute Wave ((ii)) of 3. Minute Wave ((iii)) is an impulse followed by a potential triangle unfolding as Minute Wave ((iv)), which is potentially complete around 1600 mark. If correct, Minute Wave ((v)) should be ready to turn higher from here. Conclusion: Tech Mahindra is progressing higher within Minute Wave ((v)) of Minor Wave 3 Grey within Intermediate Wave (5) Orange against 1420 mark. Elliott Wave Analyst: Harsh Japee Source : Tradinglounge.com get trial here! -
By Smilezcryt · Posted
As you all know, we've been farming airdrops for about a year now. To my surprise, I only got a 43-token airdrop allocation. It caught me off guard, but at least the listing was decent at $0.6. Since I approach airdrop farming with the mindset that it may or may not pay off, I had some backup plans ready. For instance, I noticed some events on Bitget. I locked some USDT in PoolX to farm $CARV, and the APR seems pretty decent. I've also been checking out the CandyBomb feature to take advantage of any opportunity to stack more $CARV. How have you been maximizing your airdrop claims?
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