Niocorps Developments - the Big One CountThis Eliott Wave Count of Niocoorp Develoopments reflects a bullish longterm Supercycle upward impuls pattern of the marcet.
Wave 3 upward impuls pattern should lead the PPS of the shares above 106 Dollar propably higher, after the a-b-c running correction of the past months. If the abc correction should last a little bit longer the 0.84 Dollar are an exiting entry point. Bu this scenario of a wave c extension within the running correction is not necessary. PPS can explode anytime within the start of the Wave 3 upward impuls.
Note: This is no advice to buy or to sell a stock. Stock can rise or fall. Each investor is acting on his own risk.
Wave-chart
AMC - still in a correctionThe price of AMC is still in a correction, forming the 4th wave of the downside. It looks like the second target might likely get hit soon.
[May 23 / BITMEX] Bitcoin Trend Analyze $7251/6732 - $7750Sorry guys!
I'm being late to upload it. I was super busy to help my friends and had a meeting.
So far, it dropped HUGE without any bounce.
I already mentioned that BTC market is volatile and weak.
Before I start analyzing it, honestly, I thought that $7800 line can support it
However, the reality gave me depression. The bear smashed the bull and gonna dropped.
I had a hope and that was crashed. Of course, I still made a profit but as I thought that it can be reached at $8130/8180.
Anyway, so far I think that we have to be a conservative trader.
7500/7400 line is meaningless.
7300 would support work as the real support line.
But my prediction is 7251/6732 for bouncing.
Therefore,
Long position 7301, 7252, 6733 (x5-10)
Short position; if you are an aggressive trader, watch 7300 line and decide
If you are not an aggressive trader, close at 74xx
Green line is with hope.
Red line is too realistic.
Believe it or not, it is all up to you
Of course, some whale can buy more and more, will shoot to 9000!
But, we have to be realistic for surviving between whales.
We do not expect they will follow our idea/dream.
They do not care about our profit, they just need the wave for making a profit.
So guys, this time frame is so tough. But be hope and keep your centre.
If you wanna use my signal indicator, we can discuss it
If you wanna play margin market, for now, do not go.
I do not wanna give any lie to you guys. Just play in coin market.
Not in margin market :)
Have a great day!
Careful. BTC still barely(pun) favors the bears. Target $8000.
From what I see, we are still in an ABCDE correction (purple triangle).
We could not close and confirm above the topmost black uptrend line last night on the daily. This is a significant development.
We also have not broken out and above our purple triangle. This too is significant.
Additionally, it looks like we may have one more corrective wave down (wave E). It should be noted however, that this final wave down does not alway have to occur. I am not certain of the percentage of the times that it does not complete, but I think it may be relatively high (around 30%). Comment warriors can you please kindly correct me if I am wrong.
MACD still bearish on the daily.
RSI still bearish on the daily.
Volume still relatively light except when the sellers come in.
All these remain indicators to me that we are still bearish.
I know everyone wants to get a jump on calling the bull market again, but be careful with this. You must exercise caution here in your trading. We definitely are nearing a bottom, but there is not solid indication for me yet that we should become bullish.
Take care traders!
