BTC Macro perspective looking at $40,000 as the minimum target. Based on Fibonacci of time We're looking at January or April of it happening. Regardless this doesn't mean the rocket to the moon has fuel forever. It may rest for gas but that doesn't mean it will stop. Don't stop. Just rest and continue on your mastery.
BTC Possible 335 is what am saying if we take effect bearish divergence at daily time frame. Strong presence at higher time frame of a bearish signal indicates a possible trend reversal/retracement happening sooner or later unless again invalidated by bulls.
US Stocks have either ended this very short correction or yet to finish retracement. It is still too early to confirm non exuberance of the market. Have to consider that in Technical analysis a bearish divergence would show a trend reversal so as a bullish divergence. We may have yet to take effect a bearish divergence (unlikely for now) as we have came from a...
US Stocks have either ended this very short correction or yet to finish retracement. It is still too early to confirm non exuberance of the market. Have to consider that in Technical analysis a bearish divergence would show a trend reversal so as a bullish divergence. We may have yet to take effect a bearish divergence (unlikely for now) as we have came from a...
IT SEEMS THAT ETHUSD retracement pullback will likely happen earlier than expected. This make sense as market psychology tells us that wave 5 will make perfect sense to be shorter as bulls die and money flows to bears where everyone is taking profit slowly surely and those who got the top at cutting their losses. Please note that all if this has been measured...
Confluence with 1st chart please see linked chart below
ETHUSD Bound to retrace soon. Not hopefully a major correction. Regardless if this is forming a bigger wave 2. A strong momentum and bull market for cryptocurrencies likely can just retrace at 23.6 fibonacci level where the red 50ma is. So once 20ma breaks it's very likely the correction will start soon and will end quickly at 23.6 level hovering around 50ma. Can...
10400 invalidation of elliott wave count because wave 4 cannot enter between 3 and 2.
Wave 5 is shortest wave 3 not shortest here.
78.6 FIBONACCI IS THE LAST SUPPORT. Either ABC going up then ABC down or 1-2-3-4-5 (5) counts going up then abc down or making bigger a thus 1-2 first.
Unlikely scenario but still possible regardless if bigger waveis triple combo wxyxz, wxy double combo or triangle abcde subwave of bigger wave 4 cycle.
Psychology Wave 5 is often the weakest thus it's the shortest in this case as neglect and FOMO has already priced in. Only basis for this fundamentally speaking if it's bullish it should have took effect the golden cross + halving despite uncertain times and gold going up.
Regardless of wave degree projection is still going up.
BUllish only if it breaks above 6,600 invalidating this forecast thus filling thy gap.
335 RUnning flat
335 running flat