EWT: Triple Wave CorrectionNotice the recent highs, they have a need to "mother bar" past the Bollinger Bands to signal a higher swing zone. Elliott wave suggests waves move in five or three movement waves, I see two correction waves...the third should happen. In the recent median, the MAMA/FAMA remains open during the attempted bear move. The volume accumulated denoting support. It is not a big price movement for a third wave but it could yield 19% quickly on this trade. Strike the hammer to a third wave higher swing?
MESA Adaptive Moving Average (MAMA)
ARKK : The Innovation Fund. SELLCathie just published her Open letter for Fed. If a bottom stock picker tracks macro and starts advising the Central Bank about what to do, you know something is wrong in Paradise.
Technically speaking, the price chart has forming a H&S. Ten out of last 11 months have beeen negative months.It has grossly underperformed all the possible indices .
Fundamentally speaking the FAANGs & MAMAA's of the world are still grossly overvalued in the interest rate stabilising world, note it that I never said rising, because as one of the factors of production, the price of money should never have been negative.
Can you fathom a negative Salary for your monthly efforts ??
My Target for this overhyped overblown Fund is $29.30.
#MANA/USDT 2HOUR UPDATE BY CRYPTOSANDERS !Hello members welcome to MANA/USDT 2hr chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome in this chart.
As we can see from the above-mentioned chart that MANA/USDT brack the inverse head and shoulder pattern create and broke the neckline and retested the green zone and the current scenario we are expecting that get will go up all the way to $2.50 means almost 130%.
So if it moves to the green zone again then it will be the zone to go long on MANA/USDT
entry:-$1.0732,$1.1308
target:-130%
stop-loss:-$1.0061
with leverage 5x to 10x
Sorry for my English it is not my native language.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
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Thank you.