$NVDA - Majorly Bearish Macro StructureMy previous NVDA previous came in massively early. I think the stock made a 100% increase in value since the time of my original post, shown below. Despite this fact and the recent split, the overall macro formation of the chart has not changed. Although, I was earlier than I would have liked to have been, I fully believe the general sentiment and drastic nature of my prediction to be spot on.
NVDA has legs to climb up to $150-$200 possibly, but the tumble will be tremendous, over time. With 5 waves up, my fellow Elliotticians, we all know what follows.
Do I think NVDA is a crappy company? No.
Do I seriously think $2 will come? Yes
Chartist
🔔🏄 Gold Goals Revised: Pending ATH @ $2300-$2700Being one of those instances were a few micro level invalidations reverberates throughout both short-term and long-term analysis, I've adjusted my Gold ( OANDA:XAUUSD ) wavemap a bit. On my last shared idea, I was under the impression that Gold would make a big stretch upwards through the middle range of the $2000s before meeting its next considerable resistance level however, re-checking the count from last year's bottom near $1620 I am led to believe differently. I have cancelled the last idea and shared this one under a new thread due to drastic differences in mid-micro wave expectations.
It seemed that a XAU route to $17xx was off limits but with a likely correction soon to come, $1800 may be the minimally expected correction level, making it very possible that Gold could slip into the $178x-$179x range before finding its ground again. Some believe that a $3K ticket could come for XAUUSD in the years ahead, based on the technicals, I am doubtful of this outcome. Instead, considering the already developed internals of the pink wave structure, $2298-$2442 are very much within the expected range based on common fib levels. To also consider the length of the apparent Wave A move in yellow , if Wave C were to match this length, we could see a maximal price tag near $2696.
The observed RSI divergence should continue to remain tru as commonly seen in Wave 5 (when compared to Wave 3). I suspect that the $2298-$2696 price tag could be reached between 2025 and 2026 though timing is always tricky to accurate gauge. Surf well :)
XAUUSD: FOMC will drive the markets, A fake breakout tale!Hello traders,
A fake breakout out of trendline may happen!
FOMC meeting could devaluate this setup.
While There are more buyers in the market today. we expect a reversal from around 1945.00.
There is one entry and 2 TPs for the gold.
Levels calculated order_block, regarding support and resistances, channel and pivot points.
BTC dominance #BTC DOMINANCE UPDATE
Bitcoin Dominance has reached the 46% resistance which correlated with the level 1 by Fibo. Strong resistance from where we can expect a rejection
However, if Bitcoin returns to $25,000+ zone and continues pumping, then this level will be broken and lead Dominance to ultimate resistance of 48% - 48.5%
This is the zone when you can enter any altcoin and with 95%+ probability it will be sold in great profit. Let's pray this zone will be reached
Bitcoin's Incredible Potential for a $350,000 Price TagBased on long term, consistent Elliott Wave fractal analysis, I believe there is tremendous chance for Bitcoin to reach $350,000 in the next few years. Investors must pay attention to the massive RSI divergence however. In the most elementary of lessons regarding price action and technical analysis, we should also know that an uptrend + an ascending wedge is a bearish indicator. Surf well, don't drown.
NZDUSD DAY CHARTAM STILL LEARNING what FX is and ONLY when am BEGIN to CONSISTANTLY ANALYSE to my BIASED NARRATIVE WILL EYE GIVE ATTENTION for now BACKTEST PRACTISE gain CONFIDANCE an get a feel of this ROBUST market BULL ENGULF PATTERN ALSO FURTHER sings our NARRATIVE of UPTREND of PRICES to the TOP! Let's Observe
VECHAIN VETUSDT CHART UPDATE In profits still holding vet nowhere near rally on the upside still imminent and vet as a project still way to under valued for the enormous utility use cases and all the multiple solutions they offer that's invaluable Novice as I am not only am I long on vet but am An aspiring Whale for this token and the cutting edge ecosystem vet has managed to gradually build over the period chasing not price but ensuring service offering and centric only to end user experience this is a Blockchain project that's gonna stand counted over the long term watch the space am still a Newbie Novice Thou I thank you Chosi Asibonge. locl
DOGEI created a trajectory Ressistance trend line from DOGE ATH set a Box frame for curent trajectory to find the double bottom bounce. The failure to hold signaled my stop loss for the upcoming cat bounce in the making. Confirmed by the resistance trend line created pushing the candlesticks lower. The additional lower lows on the candles allowed me to just watch till it found its base channel support. I set future channels for drop support and possible ABC movement up on this breakout after this long accumulation. This is just notes and not financial advice. If you would lke to learn my train of thought look me up on Twitter. Im down to vibe
FLiPTeK81
BTBT Just an idea of things I created this Picture in my Technical Ananlysis class I did for friends. I created the Flat Bottom run up tool for a good support trend line up and exit. I love how this tool gives perfect exits as you see. I figured there would be no volume at that level and was due for a correction so I created a Triangle Drop pattern for the retrace. This gives me a breakout resistance trend line down and a support drop bounce in the lower part of the triangle. I added a channel curve to trajectorize my movement. I created the Double Top Sentiment incase there was no Vol for the Head N Shoulders within the channel to initialte. Two possibiliies but always prepared. Hope you like the art
BTC PovI set up a Triangle setup for breakout. Based off this double top formed a pullback is ahead with aaccumulation to gain a breakout of the triangle setup. From double tops it usually will find a better buy opportunity. Th support in the lower half of triangle will create a bounce for a final profit before the bonce down to find a major support line. I set levels tot the lower line as the POC line for a drop. Price range above and below will be your Trendc channel for you to break out of. These are just ideas Im playing with. Not great with words better with Drawing Lines