Financial_Wave

Financial_Wave Updated 

BTC. The price of BTC fell below $17357, and we considered this mark as the level of cancellation of our priority scenario, we adjusted it. At the moment, Bitcoin is declining in wave (ii), the downward movement looks complete or almost complete. A fall in the price of Bitcoin below $16,563 puts this flagging option at risk. Rise in wave (iii) to $19293 is our...

Financial_Wave

BTC. The price of BTC fell below $17357, and we considered this mark as the level of cancellation of our priority scenario, we adjusted it. At the moment, Bitcoin is declining in wave (ii), the downward movement looks complete or almost complete. A fall in the price of Bitcoin below $16,563 puts this flagging option at risk. Rise in wave (iii) to $19293 is our...

Financial_Wave

Our preferred scenario in CL is confirmed by the price action. We assumed a decrease in CL in the corrective wave (b). The down move looks complete or nearly complete, with wave (c) up to $79.87 most likely. For our scenario, the critical level is $72.37. A price drop below $72.37 will break our markup and change our view.

Financial_Wave

Our preferable scenario in Dogecoin remains the same. A rise in wave 3 could bring DOGE prices to $0.1150 and $0.1250. To maintain our markup, the price of DOGE must remain above $0.0850. To reinforce our view, the rise in bitcoin we saw today could lead to demand for altcoins.

Financial_Wave

Gold. The price of GOLD reached $1820 as our priority scenario suggested. The rise in wave 4 looks complete or almost complete. This scenario assumes the beginning of a decline in wave 5, which will lead the price of gold to new lows. To confirm our opinion, the price of GOLD should fall below $1767 in which case we can more accurately determine short-term...

Financial_Wave

Our priority scenario was confirmed by the growth of BTC to $18383, where the small wave (3) ended. Continued growth in wave (5) to $18,770 looks most likely. We allow the price to fall in the range of $17357-17635, if the price falls below $17357 we will change our mind.

Financial_Wave

CL. The growth in wave (a) looks complete. Our priority scenario in the CL is the continuation of the growth in wave (c) after the price pullback in wave (b). Correction can lead CL to $74.36, after which growth will continue. The critical level, which will cancel this scenario $72.63

Financial_Wave

BTCUSDT, 15min Our preferred scenario in Bitcoin was confirmed by a rise towards $18,000. A continuation of the uptrend is the most likely scenario for BTC. A rise in wave 3 could lead the price of Bitcoin to the next target of $18,800. Our variant allows for a corrective fall to $17,500, a fall below $17,100 will change the wave structure and our priority scenario.

Financial_Wave

Doge. The Doge price is trading near $0.0850. In previous reviews, we considered this level as a benchmark for canceling our growth variant to $0.1150-0.1250. We continue to stick to our priority scenario as long as the price is above $0.0850, in case the price falls below this level, we will change our view.

Financial_Wave

In past reviews, we considered the $760 level as critical for our upside scenario in our preferable variant. The price of wheat fell below $760 and the most likely scenario is to continue the decline to the next target level of $600. Today's close above $760 will resume the uptrend.

Financial_Wave

CL In past reviews, we showed our priority scenario, the price drop almost led to the $68 level that we indicated as a target. Most likely this goal will be fulfilled by the market. Our scenario allows a pullback, but not above $75.50 - this level cancels the fall scenario. Let's see how the price near $68 will behave.

Financial_Wave

Our preferred scenario in GOLD remains the same. An upward wave V could take gold prices to $1820. A price drop below $1765 jeopardizes the upside scenario.

Financial_Wave

Bitcoin has consolidated above $17,000, which confirms our priority scenario. Growth to $18000-18800 looks most likely. A drop below $16,500 cancels this scenario.

Financial_Wave

Our priority scenario for DOGE is a rise to the $0.1150-0.1250 range, $0.0850 is the level of cancellation of this scenario.

Financial_Wave

Our priority scenario is confirmed by the growth of Bitcoin. The price of BTC may reach the range of $18000-18800 in the next few hours. Bitcoin price drop below $16500 cancels this scenario

Financial_Wave

Doge. Dogecoin went into correction after BTC. Our priority scenario allows the price to roll back, but not below $0.0850. At the moment, growth towards $0.1150-$0.1250 looks most likely and we will stick to this scenario.

Financial_Wave

Our priority scenario is the growth of BTC in wave 3 to $18,000-18,800. We allowed the price to roll back and talked about it in the last review. In our opinion, the fall of BTC will be limited to $16,500. The $16,500 level is critical for our growth scenario.

Financial_Wave

The price of wheat fell below $760, we considered this level critical for our growth scenario, let's see where the price will be at the end of the week. Close above $760 gives hope for growth, close below could take wheat to $600.