Overall, commodities looking like they going to do well the next few quarters.
Not to sure about this one but a potential buy level
NG1! forming a leading diagonal wave, as Wave 1 of an Impulsive wave up. Should see a retrace soon, followed by Wave 3. #NG1! #elliottwaves #naturalgas
9.13.24 MA's need to flatten out, like last time before bull run (2019-2020). Base was built over 13 - 21 months, depending how you measure it. (13 mo from 1st bottom to 3rd bottom) There was a triple-bottom (or quadruple/quintuple bottom, depending how you look at it), before going from $4.83 to $12.63. Extrapolating, potential (last) bottom around Sep 2025...
An interesting target for a head and shoulders pattern, from the 2020-2022 Bull/Bear market (and subsequent bottom at the end of 2022/beginning of 2023) for BTC. Used the right shoulder top to neckline as target, instead of head top to neckline. Predicted bottom quite closely, in hindsight. Predicted weekly candle close bottoms nearly exactly. Good to note...
Keep an eye out for the CC (0.618) rejection on BTC.D. If rejects, we could see a nice Altcoin season rally, just like Dec 2020 - May 2021. Reference:
Potential good risk/reward opportunity for Natural Gas. Due to: - 85% chance of La Nina winter conditions (lower than avg temps in Dec, Jan and March) - Ongoing conflict in Ukraine and Middle East, which may intensify - Chart patterns which indicate low(er) risk entry opportunity VANTAGE:NG AMEX:UNG I will accumulate around here, near $13, and...
The markets are designed to fake out in such a way so that when they rise, the least amount of investors will be on board to profit. Buckle up, buckaroos. (Hopefully we bounce off the bottom of the white channel and continue upwards though. BTC hasn't acted like this yet after halving... yet everyone is thinking the same way about that. Every time everyone...
I don't know too much about their business, but just going off the chart, looks pretty primed for a breakout. TP @ $13.29, $24.31, $41.30
NG1! (Natural Gas) - Price Action in Phase 3 of Prev 18.6 Yr Cycle. We're now in Phase 3 of the current 18.6 Year Real Estate Cycle. Previous price action does not guarantee future results, and we can already see it's acting differently. So just putting this up for curiosity's sake. Phase 3 in last 18.6 yr cycle saw PEAKS at: - 13 months in (major -...
Interesting Cup and Handle formations formed over the decades. I'm confident we'll at least go back to previous all time highs, and possibly even higher. Current entry points before takeoff (June 8 2024): $28.50 $26.41 $25.51 $25.12 SL $24.19
What goes up, must come down, if KAS retests support, then could be a good play up to some local fibs.
PROS: Twitch/YouTube cofounders as advisors and investors Very sleek and responsive website, clear VERY active project... they're doing actual work Good ticker Great use-case (creators: revolutionizing digital provenance with blockchain technology. We ensure the authenticity and traceability of online media, fostering a more transparent and trustworthy...
Probably too late to buy into silver, but here's the buy in point I'm looking at. Check out my Gold prediction from a few weeks ago. TVC:SILVER TVC:GOLD
Based on past cycle history, the SHSZ300 (Chinese S&P 500 more or less) tracks the US markets bull runs, though starting with a large delay. We're fed a lot of bad news about China, but the fact is, they're making some economic power moves, and positioning themselves for the AI Industrial Revolution. The Chinese markets are bottoming out, and it's a good time to...
Based on past cycle history, the SHSZ300 (Chinese S&P 500 more or less) tracks the US markets bull runs, though starting with a large delay. We're fed a lot of bad news about China, but the fact is, they're making some economic power moves, and positioning themselves for the AI Industrial Revolution. The Chinese markets are bottoming out, and it's a good time...
Extrapolating fib data from previous gold bull cycles, we see that the 0.618, 1, and 2 fib extensions play important roles as resistance, support, and targets. fib extensions (previous 2 cycles) 0.618: resistance into support 1: target (crisis year: 2008 / ~2027) 2: target (start of new cycle: 2011/2012 / ~2030) 1: target (retrace: / 2016 / 2034(?)) 2...
Last local low before start of bull run at halving in April - June 2024. #BTC #BTCPERP