almost completed wave 1 of C or 1 of 3 if you are really bearish. Alt count in red is secondary option. A brief relief rally is expected today or tomorrow only to fail at resistance where bears will more than likely keep their boots on the neck of any bulls remaining. Bulls had their second chance to exit near the ATH or at least 100k. Greed or lack of awareness...
Is there a #cryptocrash around the corner? I am examining this from my conservative count and my biggest concern has ben the numerous amounts of subdivisions seen on month Tf of lesser degrees. The volume of candles is dwindling so it should cause everybody great concern if you are a long term bull!
#NDX #NDQ, looks very bullish to me with a nested series of 1,2 x4. The recent selloff failed to invalidate turq 1,2 and is demonstrating an ending expanding c wave in 2 and now price action broke above the upper band of the triangle. #indices #trading #EWT #elliottwave
I am still holding onto my primary count. What I think is controversial is the wave that I encircled. Also I want to add that I remain bullish b/c of the nested 1,2 price action from (truq w4) lows. Therefore it should extend to 4.5-4.6 trillion market cap after this correction
Solana is just about to complete larger wave correction pattern where price shoulder find support and trigger a massive rally.
The carry trade wil probably continue to unravel until Q2-3 then rates will spike again and I expect stocks to selloff.
#Gold will probably push to 3k from here, all of the selloffs appear to be corrective.
Fill has made 2 large nested 1,2 waves which will send this price to the moon!