Bitcoin Dominance ( BTC.D) is giving a fantastic trading setup. It's preparing a BIG Bullish Swing. From an Elliott Wave point of view, a bullish Impulse Wave is about to start. In this case I'm talking about Super-Cycle (C) (turquoise). Moving on to Harmonic Patterns, there are two: The smaller one is the Bullish Shark, which is preparing its completion. The...
Cardano is getting ready for Black Friday. It's on Sale, and it's time to lead some more, on each big dip. ADAUSD ( ADAUSDT , ADABUSD ) is showing a "beautiful" Reversal Pattern. I am holding and loading more. My next good level: $0.15 . Technicals: * Elliott Wave A-B-C Pattern * Fibonacci Retracement * Demand Zone * Cycle Analysis * Bullish Divergence My...
Polkadot is a nice project, it has real value behind it. DOT ( DOTUSD , DOTUSDT , DOTBUSD ) , like all others, is cooking something. Cryptocurrency Markets will eventually start another Bullish Cycle. However, for that to happen, first and last: bad news and bad bad things need to happen. Why? So that rookies will give in and surrender. That's how it...
Shiba Inu ( SHIB ) is coming to town. This Christmas, forget about Santa! Shiba is what we need. Another :poop: coin that will take away two zeros. The patterns are clear. Cryptocurrencies are getting ready for a great '23. For the record, I'm not a fan of SHIB ( SHIBUSD , SHIBUSDT , SHIBBUSD ). I am only holding a few millions, like every other HODLer out...
The VIX will spike again, nothing to do about it. Fundamentally, a perfect storm is brewing. We had/have many events in the markets: - Covid Pandemic - Supply Chain Disrupted - Ukraine Invasion - Russia Sanctions - Inflation Spike - Energy Crisis - Global Drought - Interest Rates Hikes What's next, a full-blown WAR?
VIX is pointing towards another spike in volatility as a probably scenario. This would or could cause a major sell-off in Indices and Stocks, on a global scale.
BTC/USD (weekly) has been labeled within a Cycle Degree wave III starting point. Cycle Wave II (black) has been called as the bottom during Dec 2018, unleashing the Crypto Bull Market. Primary (2) (green) hit the bottom in December 2019. Cycle II (black) Structure - Double Flat Dec 2017 peaks and down until Dec 2018 bottoms - Cycle II (black) Primary 1 (blue)...
SPX is destined to drop hard, back to 2009 lows. I decided to go short, to catch the next Market Crash. It's the previous Wave 4 of a lesser degree. If you know Elliott Wave as I do, then you are getting ready too. In my opinion SPX500USD has topped a Wave 5 of a large degree. More info on that in my Full Wave Count for that 150y old chart. Here's a picture...
Blah Blah blah ... USD/CAD trade setup .. I'm on my way to the bunches! Day 1: I took a long on the Loonie. 50 likes for Day 2
The US Consumer Confidence Index (USCCI) does not look so good. Consumers (normal people) are feeling anxious about their future, and they have good reasons for that. The Bull Market did not last long after the Covid Pandemic and people don't feel optimistic about their future spending or wealth. If you don't know what the CCI is, no worries, I will briefly...
This is the US Inflation Rate (YoY) from 1914 until 2022. Symbol is called USIRYY and it measures the Inflation Volatility in the United States. With the War going on in Ukraine, and Russia trying to force its way through, I took the liberty of looking into the following: - How Global Wars Affect Inflation - How US Inflation Reacts to External Wars - How Wars...
This is an SPX chart from 1872. A 150 year old chart. As you know, I am the Elliott Wave Jedi. So, I took the liberty of labeling this SPX500 chart. There's only one thing I can say: "SNP500 is preparing for a BIG Drop, a Market Crash". My Wave Count suggests that a major Bearish Swing is starting, or will start soon. The 2009 lows are inevitable. Price Action...
PancakeSwap is the place you trust when it comes to swapping your AltCoins. Its symbol: CAKE ( CAKEUSD , CAKEBUSD , CAKEUSDT ). If you take a look at this one, it's a no-brainer. Things are looking up. Although the Crypto Markets have been smashed lately, the Sun will shine on almost all projects. And I intend to be ready. Got myself a portfolio and adding...
I am buying and adding Classic Luna (LUNCBUSD , LUNCUSDT , LUNAUSD). It went to the Moon and then came back to Earth. Yeah, they pulled the rug or whatever, but it has potential. Moreover, it has proven to have a pulse, still.. So, I have bought millions, and will continue to stack LUNC. Where: a good level IMO is 0.000115 . Some Technicals: * Support...
DAX40 is about to crash. A BIG short trade is pending its turn. Germany40 Index (GER40, GRXEUR, GER30) is trapped in a Bearish stance. Fundamentally, many things are against a Bull-Market at these times, but I mentioned that in my VIX spike idea. From a Technical Analysis standpoint, well, the picture is much clearer. Technicals: * A-B-C Elliott Wave...
Binance Coin doesn't seem to show the same Bearish patterns as the rest of the Cryptocurrencies. It appears that it's one step behind on the Bearish Stance. But can start flying now? YES! It met all the necessary requirements. However, if another last bear leg comes, it might as well catch up and reach the Demand Zone in a fast manner. I'm saying that because...
They have a saying: "From zero to hero". FTTUSD did the opposite: "From hero to zero". :)) Actually, the same potential rug-pull as LUNAUSD & USTUSD did.. It's doomed, dead coin, money gone, investors and holders smashed. Or is it? What if a miracle happens? Do you believe in miracles? Remember how LUNC & LUNA somehow still managed to get a pulse? Remember...
Crude Oil (WTI) & Natural Gas have been in an uptrend. Reversal Patterns are present, and BIG bearish moves are around the corner. Technical Analysis: - WTI: Ascending Channel Breach - Natural Gas: Ending Diagonal