Had This option back at the pivot. Looks like its playing out pretty good. Could be done and bounced out of the GZ, but would want to wait for at least the .36 to get flipped back to support, or if it breaks down below .28607 the POC and the low of the consolidation.
One Elliott Wave count im keeping an eye on. TLDR: Want to see these previous resistance lines be breached and flipped into support before getting too excited for a bounce up. But have been short from the top so may be a bit biased. The Elliott Wave pattern just doesnt look complete. But I am fickle and can be swayed easily by the PA. And AXS can always do AXS...
Shared with the fam last night and caught the pivot at 42605. Looking for it to get to at least the algo first target and the Pitch fork median line. If it pops higher than that, fantastic! BUT there are some structural resistances over head its going to have to blast through so watching those areas!
Since the last post, Doge has invalidated the Elliott Wave Contracting Ending Diagonal and has bounce back above a strong support. But its hard not to see this Elliott Wave pattern. To invalidate it, a nice shot up would help or a correction down to the previous support and a rocket up. Watching how this develops.
AAVE some Ideas im keeping an eye on. Swept below the Neck line but reclaimed it and bounced. At an interesting area atm.
So looks like doge pulled the leash toward the red path and has broken below a pretty big previous support, has tested the underside with a throw back and atm rejected... The bulls need to bust back above that area with more then just a wick and find it as support again to at least subside the bleed and give hope. There are some tiny areas of structure here but...
Breaking below that support was not great for the bulls...either is the current rejection ATM of this. If this level stays flipped this retest could be a throw back to test for interest at this area. If rejected, could see a 1$ retest minimum im thinking so it can test the low of the range. Bulls want to reclaim this level as support and move away ASAP. MO. This...
AT A GLANCE: Going through some tickers setting alarms and tracking. Fun little run up. These are a couple bullish ideas im seeing at the moment. Breaking below the previous neck line and flipping it to resistance, would not be ideal but will have to check the context if the alarm goes off.
AT A GLANCE: Going through some tickers setting alarms and tracking. Not great Ideal patterns but may be some clarity here at the end so will be watching for this to play, if not...adjust.
Followed my path up pretty good and have been playing off of the lazers well as well.... Well Looking for these to potentially play out whenever this move down has completed.
Caught the pivot on this one. Looking for these paths to play. Looking like an impulse down atm MO.
So Elliott wave style, could have been an extended W5 which would explain the pivot, wave 2 of the expanded wave and the potential termination point of the previous W4. Its in the area MO. And is a most likey target for a retrace based off of the Guideline of Depth of Corrective Waves. Some more good is that some EMAs are starting to cradle the PA and got a bit of...
The Good: Seems to have held the area of concern and is making Higher Highs. The Bad: The bounce off of the area of concern looks a bit lazy and is finding resistance on a wee bit of resistance that was previous support and is also in the algo area. For the bulls the first thing is to break back above this area and flip it back to support again and continue higher.
Played this variant, there is a bears variant as well so will be watching this retrace for clues on whats really going on. Staying above 24.57 would be ideal, MO.
Popped up off the POC from the last chart, finally decided a direction atm. These are the pos counts im seeing atm. Still need to get over 1.50 or this could stay range bound.
Dang Fine example of an Inverse Head and Shoulders with the throw back to the neck line and everything! Been tracking it, in other places, since before the right shoulder formed and managed a nice entry! Rolling with this count for now the W1 of the Diag is not ok. Whenever a retrace starts, no rush lol, will be looking for the usual suspects for a W4. 280 is the...
Looking at these levels to hold as support for a retrace whenever the W3 has finished.
So looks like elon came through in the darkest of hours... is it going to be enough? Its a good start but its still fitting some bearish counts... Need some more green here to invalidate the bearish...at the least find support on this area and start a move up. Is "news" enough?