Using Elliott Wave and Fibonacci analysis, I anticipate that gold’s 0.5 retracement level at $2,540, or alternatively the 0.618 level at $2,485, will act as solid support. From these levels, we may see a rebound to the 0.382 or 0.236 retracement levels, potentially lifting prices to around $2,600 or $2,675 in the B wave, followed by a corrective C wave. I expect...
Using Elliott Wave and Fibonacci analysis, I believe the 0.618 retracement level for silver at $29.75, from its recent high of $35, will act as solid support. From here, we could see a rebound to the 0.382 or possibly the 0.236 levels, bringing prices up to around $32 or $33 in the B wave, before correcting back down in the C wave. I expect the lower green support...
BTC broke the ascending Triangle wedge I created in the previous post, Now it seems to be consolidating in this triangle, before moving up more.
BTC looks like it's consolidating then going UP!
This is how I see BTC going the next week, let me know what you think and share other links and thoughts. Thanks
I am new at this, but in my humble opinion I see BTC dropping one more time before a Bullish move up towards $10,000 then a pull back before moving up to 13,000 What do you think?