Following the next leg up.
Possible pattern developing. Will be more clear after the next few weeks whether these are the correct count of waves.
Resistance points. New all time high should be $6,600 before crashing back down. Exit limit should be set to $6,000.
Posted notes on the chart. Pink bullish, green bullish neutral, blue slightly higher possibility of another drop.
Wave 4 buy zone (trough), projected to go above $100 on wave 5 (next crest). Yellow triangle, long term pattern since March. Red lines are support levels within the trend. Blue lines are buy price targets. Approaching bottom of wave 4 which is my buy zone or green triangle.
GSAT is following the pattern I had set last month. It is now headed towards potential break out points. I have set sells at .6 and .9
GSAT Possible short term rally to $1. Quick and easy trade, buy in red sell near $1. Disclaimer: *No one can predict with 100% accuracy but I believe it does greatly increase your odds of making a good trade when you study the charts. *I study charts to invest my own money. I share my ideas with you as entertainment. Be sure to do your own research before you...
Gold is in a consolidation period. It has moved up too quickly and will need to revert back to the green parabola uptrend line. During this time, it should remain within the purple triangle. Outlier exceptions will occur but will be brief in nature.
Correction should remain within the green triangle during this correction period. The average should remain within, outlier drops or spikes can occur out of the green triangle but only very briefly.
Dropped to first correction level or "support." Gold is still headed for $2,200 or $2,190 to be more precise. The pattern will go closer to the parabola in the uptrend as it shoot up too quickly. Hold for the next pattern to form, likely higher after this short consolidation period.
Gold US/OZ heading even higher within days!
XAUUSD to $2,070 before August 3rd.
All other crypto should follow in the coming weeks. Red block is where most of the money has sat. The "hodlers" waiting for the next big move if you will. The red can also be considered the buy zone. Bitcoin's upside move should take the market along for the ride. I would say 70% chance to the upside while remaining 30% is to the downside. Disclaimer: *No one...
MRNA Correction wave 4. Buying at $71, $66, $60. If it drops deep under $60 could turn into dump mode which I do not expect. Next rally into larger degree wave 5 will take MRNA over $100.
Set buy zones in red for a quick rally into the green sell zone.
Gold US/OZ projected to hit $2,200 by late next year.
Doge has been a very easy trade the last two years. I buy while it is in the red zone and sell above .0032 in tranches as it goes up. Sometimes it hits all my sell targets when it follows the chart perfectly. You have to know when to buy and sell Doge by the patterns. Doge spikes up every 3-6 months and will rally high if Bitcoin shoots up. When it hit under .0020...