RUNE eyes on $ 4.31 for key Support and possible Launch PadRUNE eyes on $ 4.31 for key Support.
Possible launch pad for next leg up.
Failure of that level could drop hard.
This is a follow up to previous analysis
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Fibo
PEPE.usd eyes on 88.2k: proven Golden Fib for High supportThis is a followup to my 55k breakout call (click)
PEPE is nearing a Golden Fib at 88.227k (whatevers)
This fib as been proven recently with several Pings.
As have its sisters, all proven to be alert and active.
If this Golden fib breaks, then the bull run may be over.
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Previous Analysis that caught the breakout entry:
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SHOP drop at a serious support: eyeing 56-57 for possible bottomSHOP had a big drop with last earnings.
It has fallen into a serious support zone.
This would be a good spot for bulls to hold.
$ 56.12 - 57.16 is the immediate support.
$ 49.20 - 50.88 is next support and stronger.
$ 63.44 - 63.84 is the first resistance above.
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NVDA eyes on $952.16: in a BBOC pattern before earningsNVDA in a BBOC pattern under a serious resistance
BBOC pattern = "Birthday Balloon On Ceiling" (joke).
Point being that the earnings report might deflate it.
I think it will break and continue after earnings.
But IF there is to be a top anywhere NEAR here,
then THIS would is a perfect place and time for it.
$ 944.39 - 952.16 is the immediate resistance.
$ 894.22 - 901.92 is first support but a minor one.
$ 832.39 - 851.66 is a wide but significant support.
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The immediate resistance zone is made by two high timeframe fibs:
Thick line at $952.16 is from the Genesis Sequence:
Dashed line at $944.39 is the Covid Stimulus wave:
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I will post updates as price action progresses.
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Gold near-term roadmap: sub $2400 incoming for a bullish dip?Part of my ongoing analysis, see links below.
We are retracing as expected,
Bulls look to be tired for now.
Early plot suggest three targets.
$ 2315/16 "Speed Bump" needs to slow the drop.
$ 2401.37 - 2403.55 is the "Minimum Expected".
$ 2391.36 - 2391-91 is the "Best Guess" target.
$ 2382.46 - 2383.83 is the "Worst Case" target.
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Big Picture plot looking for $2700
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Pullback plot looking for $2307 bounce:
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Bounce topping alert at $2450
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BTC heads up at 67.3k: maybe Bears' last chance to make new lowsPart of my ongoing analysis, see links below.
Our bounce is at a crucial level right now.
This level is where the retrace could end.
Possibly bears' last chance at lower lows.
Elliott Wave theory would call this an "ABC"
Which implies a correction within a trend.
So possible to resume downtrend from here.
Good news for bulls is that 63.3k was the KEY.
The red 2.618 at 63.3k was bears BEST chance.
Now the 1.618 might well be bears LAST chance.
If pulls back, the 2.618 at 63.3k is a MUST-HOLD.
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Previous charts that lead here (click):
- 73k Top Call no one else expected
- Retrace Roadmap of Support zones
- 52.8k imagined but not believed
- Impulse Redux confirms the targets
- Fine tuned plot calls 56,8k bottom
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GRT.usd eyes on .3168 to break: proven Golden Fib the key levelThis is a follow-up to my previous Break Out call (click).
GRT has been retracing along with the crypto verse.
It has been holding up stronger then most other alts.
Currently orbiting a well proven Golden fib at .3168
Break and retest would help paint a bottom.
Rejection could lead to new lows for a while.
What happens here will determine the trend.
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GOOG heads up at $160: record high, possible top/pullback spotGoogle finally made new highs.
Just hit a major resistance cluster.
Watching closely here, could turn.
$ 157.95 - 160.24 is immediate resistance.
$ 149.93 - 150.66 is first good support below.
$ 202.23 - 203.89 is next major target above.
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HAL eyes on $36.xx for major support: uptrend Do-or-Die levelEnergy sector has been very strong for some time.
We have a decent pullback now across the sector.
Halliburton is at a major support that might hold.
$ 35.84 - 36.22 is the current support to hold.
If this does NOT hold then uptrend is likely over.
If it DOES hold, we should proceed to new highs.
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BTC will see 100$#BTC has started an uptrend since 16oct2023 (30 weeks ago) and then reached an all-time high in 2024, as values exceeded over 73,000 USD in March 2024 . when Israel bombed Iran's consulate , tensions escalated and risky assets like BTC dropped , on the other hand safe assets like gold rose . after that , BTC retraced and found support the 38.2 Fibo level ( while tensions eased ) and now on weeky timeframe we see a pin bar and a strong bullish candle which is a sign that BTC continues uptrend ; but we should wait until Monday and see if last weekly candle would remain strong or not .
if so , we would take profit at 161.8% (Fibo ext) level and 102.300$ or you can exit safely and earlier on 100$ .
AMZN heads up at $187.49: last strong resistance before 200This is a follow up to my $177 breakout call (click).
Nearing a significant resistance around $188.
Expecting a pullback but the market is strong.
At the least we should get some sideways action.
$ 187.49 - 188.98 is the immediate resistance of interest.
$ 197.94 - 199.63 is next major resistance and maybe top.
$ 181.95 - 182.39 is first good support that bulls must hold.
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52,838 and 06 cents: BTC most likely Retrace Target almost hereUpdate to my ongoing analysis of this bull run.
Correction proceeding exactly per plans.
We are nearing some key levels to watch.
The bottom should be pretty close to here.
$ 56,265 - 56,799 is the minimum expected.
$ 52,838 - 53,659 is best Guess and Ideal target.
$ 48,090 - 48,750 is the Overshoot (backboard).
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Previous plots and logic that lead us here (click the links):
- 73k Top Call no one expected
- Retrace Roadmap of Support zones
- 52.8k imagined but not believed
- Impulse Redux confirms the targets
BTC headed to 59.3k for "Bullish Retrace"? or 57.7k not so bullPart of my ongoing analysis, see links below.
We may have bottomed at 57k with a strong bounce.
But we are now retracing and hopefully almost done.
EW theory shows a 5-wave bounce with 3 wave retrace.
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Previous plots that lead us here (click the links):
- 73k Top Call no one expected
- Retrace Roadmap of Support zones
- 52.8k imagined but not believed
- Impulse Redux confirms the targets
- Fine tuned plot calls 56,8k bottom
Gold big picture: 2400 was "a" top? One more push to 2700 ?We appear to be in an Elliott "Wave 5".
Wave 5's in commodities tend to extend.
Likely a pullback first then next/last leg?
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Here is a Near-Term plot of possible retrace to $2307
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SPX500 headed to 4900 after a bounce? Retrace Road Map per FibsFollow-up to my previous 5137 Top Call (click).
Markets appear to be retracing finally.
This could be just the start of correction.
Minimum next leg depicted goes to 4900-ish.
$ 5109-5137 is major resistance that may be retested.
$ 5044-5049 a minor support that will hopefully bounce.
$ 4896-4924 is next major support and BEST GUESS target.
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MCD eyes on $269: MickeyDee's needs to bounce hereMCD has been retracing from $300.
Now at a major support around 269.
Strongest support above the 250 area.
$ 268.98 - 269.67 is the exact zone of interest.
$ 250.05 - 251.41 is the next strong support below.
$ 273.05 - 274.41 is the immediate resistance above.
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Gold near term: eyes on 233x then 2307 for uptrend supportsCurrently at a support going into weekly open.
Last wave has been retraced to its Impulse Core.
If any energy left in this wave, it should be here.
Otherwise, next support is a MAJOR fib at $2307.19.
If that fib breaks, then bulls will be done for a while.
If risk-off remains the sentiment, look for $2700 next.
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SMH heads up at $209.43: Golden Genesis fib may Break-n-RetestSMH just hit a Golden Genesis fib at $209.43.
That fib is reinforced by a Covid Stimulus fib.
This is a major landmark in this ETF's history.
$ 209.43 - 212.89 is the immediate resistance.
$ 236.36 - 238.96 is the next major resistance.
$ 191.21 - 191.90 below is the first good support.
It is PROBABLE that we orbit this zone for a while.
It is POSSIBLE that we break and retest for late buy.
It is PLAUSIBLE that we get a pullback here and now.
Here is a full view of the Genesis Sequence:
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MATIC.usd stuck between the proverbial Rock and Hard PlaceMATIC currently range bound by major fibs.
Break in either direction should pop violently.
Golden fib above is stronger than blue support.
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MKR.usd holding strong but must break $3100 for bulls to rejoiceMKR has been holing the high ground despite market retrace.
Current testing a key resistance that will determine the trend.
Rejection could send us much lower, break could mark bottom in.
$ 3097.80 - 3134.35 is the immediate resistance to break.
$ 2813.57 - 2843.65 is immediate support and a must hold.
$ 3388.32 - 3413.60 is bears' last stand to deny "bottom in".
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DOGE.usd eyes on 14.6c for support, 16.7c resistance to breakDOGE is currently floating on a substantial support.
Good chance for bulls to paint a third "higher low".
Need to break two serious resistances to call bottom.
$ 0.14432 - 0.14637 is the immediate support to hold.
$ 0.15777 - 0.15779 is the first strong resistance above.
$ 0.16612 - 0.16703 is KEY zone to break and mark bottom.
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RATS,usd Heads Up at 17.75k then 20k round: pullback to enter?Strong leg up but nearing a proven fib resistance.
2.236 is minor ratio but this one is recently proven.
2.618 above will be much tougher, marking 20k round.
Looking for break and retest or pullback to lower fib.
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