Eliotwave
vsysusdtHello dear friends and followers
The coin may choose three ways to start the fifth wave of Elliott
1. If the correction is up to 24% of the third wave, the price can go up to the previous level of 0.21043.
2. If it corrects up to 38%, we can consider the price of 0.14343 at the end of the fifth wave.
3. If it corrects up to 50% of the third wave, we can consider the price of 0.10611 for the fifth wave.
what is your opinion ?
Mercado Libre (MELI) could be close to start an impulse waveAssuming that the wave count is correct, Mercado Libre could be close to completing a corrective wave to start the fifth wave of impulse, which could send the price to the range of 2,500-2,700 and high at $ 3,000 in the fall of this year.
It is currently at $1,400, the $1,200 is a key support level, more than that I doubt it will go down, if it does touch them, it could be used to buy more.
Both the awesome oscillator and squeeze momentum are at the oversold point and have previously served as good entry signals. For its part, although the money flow index is close to 50 points, it still has room to rise after the low of March 8.
Therefore, if the indicators and the count do not fail, we should expect a next rally in this stock.
NASDAQ:MELI
DRGN is going to pump 65% in its BTC pairAfter a golden supporting, the 3rd Eliot waves is going to increase the price up to the daily channel middle zone
BTCUSDT Prediction DXY brokering almost every resistance was in her path and all predictions. Since when BTC started its uptrend, DXY was in descending channel, but in the last few weeks she shifted her course to another state and that made BTC uptrend slower and now im suspicious BTC will change its course to start ABC of Eliot waves.
change of reversal soon on NZD/CADNZD/CAD is a pair that i've personally been looking at,for quite some time. We can see that it''s been in a burrish trend for almost a month and
some consolidation is going on now .
Also MACD indicator has lost its sell power and we some buyers taking place instead, but again its flat so dont rush. For me i would like to see a break out soon for a buy position with a 130pips opportunity. If this does not occur we can see it go on its 6th wave and then probably go for a short position. Use your own judgement and do not go blindly on a pottential position. Concistency is the key!!!