Elliottwaveforecasts
MSFT: Bears Have Taken Control Over BullsMSFT has accomplished the corrective wave (b) and started falling for wave (c) of wave (4).
Traders can expect the following targets: 289 - 272 - 265 for wave (c).
Here, 273 is the Fibonacci level of 50% of the wave. This level will act as a crucial level.
An uptrend is only possible after the breakout of the parallel channel . As per the wave principle, a new trend can unfold above/below wave B of the previous correction.
BTC/USD Triangle in play? variation #2As I've mentioned on my stream, a breakdown below the current wave C low at 32933.33 just invalidates that particular triangle. There is the possibility that another triangle could be printing in that scenario as shown in this chart. Wave C could still be in progress. However, it would need to reverse prior to the wave A support at 28800. Breaking down below that level will invalidate all the triangle scenarios.
This only becomes possible if price breaks down below 32933.33.
Bitcoin 💵💵💵😊💵💵💵Bitcoin just moved exactly as we predicted based on our previous post 👇
So far we are in a correction of wave (1) and we're expecting bears to be in control all the way down to 19156 zone. Then bulls will definitely get on board to ride the all the way up 121652..
Please, don't miss the next coming bulls move, as this will the longest bulls move after wave 2 correction is completed.
Remember this , Bulls need more gas to take control of wave 3.
Wishing you all the best...💵💵💵😊💵💵💵
Predicting the stock market crash.In 2019, I predicted the stock market crash with the link here:
Then, in Jan 2022, I predicted the drop on the top of SPX500 ,
Now, I am updating on it that it will continue to drop and sticking to the bias as monthly closing bearish .
I would be waiting to buy stocks when it bottom !