Raul_Dominguez

Raul_Dominguez Updated 

NASDAQ:TSLA Tesla has reach and bonce from a key support level, as seen on the chart, in the Golden Pocket, between the 61.8% and the 78.6% Fibonacci Retracement, and it is shown two weekly hammer candlestick bar near each other, which is bullish. Odds that it has already found a mid-term bottom is high. Now I expect a multi-week bounce from here, probably to...

Raul_Dominguez

BINANCE:ETHUSDT Ethereum has declined to a critical 61.8% retracement level, and even grab liquidity below previous area of support, RSI is near oversold levels. Previous up move is in a 5-wave move, while current decline is in a 3-wave move. Going long here, not a recommendation, with stop below the 78.6% FIBO retracement, and target at all-time high. Good...

Raul_Dominguez Updated 

BINANCE:ATOMUSDT ATOM apparently is making an Inverted Head & Shoulders Pattern on the daily timeframe. To confirm it, it needs to break above $5.20 USDT. If it does, the price target would be about $6.80 USDT. To deny, it needs to break below $4.00 USDT. Good luck to you

Raul_Dominguez Updated 

BINANCE:BOMEUSDT Bome has gone up in a 5-waves move, Leading Diagonal Pattern, and retrace to the key level of 78.6% Fibonacci Retracement, it is on the exact place where you should expect a bounce. And after 5 loosing days, it seems like we are making a bullish Harami Candlestick. Risk-Reward ratio is huge here.

Raul_Dominguez Updated 

FX:EURUSD The EURUSD is in the key Fibonacci Retracement level of between the 78.6% and 88.6% levels, volume is starting to decline to the downside, we have almost a complete 5-wave move, and we have a positive RSI divergence reading, after it reach oversold levels. Nice Risk-Reward ratio here, even if it manages to sweep the lows a little bite.

Raul_Dominguez Updated 

BINANCE:FTMUSDT As you can see in the chart, it looks like we are confirming an Inverse Head & Shoulders Pattern on the Fantom Token (FTMUSDT). To confirm it, we will need to break above $0.54 USDT, and if we do, it will give us a price target of $0.85 USDT. If you buy it from here, is more than a 100% return. Stop should be at the bottom of august 5,2024 at...

Raul_Dominguez Updated 

PEPPERSTONE:US30 It may go down a little further, but it is now in the support zone. Looking for a swing trade here to about the 61.8% Fibonacci Retracement. RSI is oversold.

Raul_Dominguez Updated 

FTX:APEUSD APECOIN seems to have top-out with the RSI indicator extremely overbought, and now it is pointing down. It seems to have made a Falling Wedge Pattern, which is a bearish pattern, and about to break to the downside. I’m going short here, with stop above August 5 highs. Not a recommendation. Good Luck to You

Raul_Dominguez Updated 

BINANCE:MATICUSDT Matic place an important top on July 31, by making a huge Shooting Star Reversal Pattern that day. It is making another smaller one today. In Elliott Wave Terms, the up move seems corrective. MACD Indicator has given a sell signal, something that didn’t happened before for about 39 days, with the blue line crossing below the orange...

Raul_Dominguez Updated 

BINANCE:OPUSDT OPUSDT seems to have made a double top 2 days ago on the daily chart, it made two consecutive Shooting Star Reversal Patterns. There is negative divergence on the RSI indicator. Could make a good short here with stop above $2.28 USDT. Not a recommendation. Good Luck to You.

Raul_Dominguez

BITSTAMP:BTCUSD Bitcoin has been in an uptrend for about 42 days, getting everyone bullish. However, MACD is about to give us a sell signal for the first time in 42 days, we had a Shooting Star Reversal Pattern on July 30, July 20, which lead to several days of decline. And it seems it is making one today. We have been trading in a channel, if we break below...

Raul_Dominguez Updated 

BINANCE:FTMUSD With stop below today’s candle, here is a quick trade, with target around previous high of around $0.41 USD. Seems ready to breakout. Risk-Reward 2.25 to 1. Use proper risk management when trading (Entry – Stop = 4% or less of Capital) Not a recommendation. Good luck to you.

Raul_Dominguez Updated 

BITSTAMP:BTCUSD We are in a Bear Market since November 2021, which is taking the form of an ABC Zigzag to the downside. We are missing Primary Wave 5. It should be shorter than Primary Wave 3, which was about $15,000 USD in length. Meaning we should stay above $9,400 USD. My target is between 16k and 12k. We’ll see. The RSI indicator and the Squeeze Momentum...

Raul_Dominguez Updated 

BITSTAMP:BTCUSD As you all know, we started a Bear Market in Bitcoin in November 2021, around 69k. From there we started a decline in what it looks like an ABC Zigzag Pattern to the Downside, elliottwave-forecast.com , which consists of 5 waves to the downside, 3 waves to the upside and 5 waves to the downside. Which I will call Primary Wave A (5 waves), Primary...

Raul_Dominguez

BITSTAMP:BTCUSD From the bottom of June 15, 2021, we had 5 waves up, following a mayor correction on Bitcoin of about 55%, which I would consider Primary Wave 4, and now we are in Primary Wave 5. Within Primary Wave 5, we already trace Intermediate Wave 1, and it seems that we are now tracing Intermediate Wave 2. Intermediate Wave 2 could be a Flat or a Double...

Raul_Dominguez Updated 

BITSTAMP:BTCUSD Bitcoin started a New Bull Market on December 2018, after a year long Bear Market. In Elliott Wave Terms, it had already traced Primary Wave 1, Primary Wave 2, Primary Wave 3, Primary Wave 4, and it is currently tracing Primary Wave 5. Within Primary Wave 5, it had already traced Intermediate Wave 1, Intermediate Wave 2, which is a Sharp Zigzag,...

Raul_Dominguez Updated 

BINANCE:CAKEUSDT Everybody wants to kill me because Cake price fell hard. Many throwing in the towel at the worst possible moment. However, what I see is a big Bull Flag Pattern, which should lead to higher prices when it finally breaks to the upside. To do that, we need to go above $19 USDT. If we do, the minimum price target would be $34 USDT. A target that I...

Raul_Dominguez Updated 

BITSTAMP:XRPUSD XRP started a new Bull Market on March 2020, after a 2.2 year Bear Market. In Elliott Wave Terms, it had already trace Primary Wave 1, to about $0.78 USD, which seems to be a Leading Diagonal, Primary Wave 2, which is clearly a Sharp Zigzag, to about $0.17 USD, which also coincides with the SEC lawsuit, Primary Wave 3, to about $2 USD. And now it...