Targets pre US Cyber attacks. That will most likely be blamed on Russia
According to Elliot Wave Theory: The 5th wave, if the longest, typically travels 1.618 the distance of from the start of wave 1 thru the end of wave 3. That puts us around $18.00 for the top of this bull run. elliottwaveplus.com
On our way down to the final support floor of the untested double top from 2000 and 2007
Breakout and going parabolic or dropping to the bottom of the channel? Something to keep an eye on Sector Breakdown Information Tech 45.73% Communication 21.44% Consumer Discretion 15.92% Health Care 7.42% Consumer Staples 6.16% Industrials & Utilities 2.77%
Bear Market inflated by the Fed? www.wsj.com www.bankrate.com
Weeks out from our first break out. The global market now has a bearish outlook, watch where the money flows. Expecting another slight dip/small accumulation period during the next halving. ATH's will be tested and FOMO will kick in at that point. Fundamental news with regulation, adoption etc. should also become positive during this run.
Trend line retest and the 50ema on weekly combining for support
Fibs were placed on swing highs and just the golden pocket fibs are used. Long history of strong retracement/support zone. Long term trending used to form the bottom of the parallel channel. Ascending triangles showing a history of a continuation to the upside. Blue bars copied from 2015-2017 in the parallel channel, before the breakout and parabolic...
If the 50 breaks, watch for a retest of the 200 EMA
Looking for a continuation to the down side once the consolidation zone is broken.
Possible breakout to start a new trend. 200 EMA still a major resistance, expecting it to turn into a long term support once broken.
The markets currently in the euphoria stage, posting ATH's everyday. Its only a matter of time before it pops. Heres something to keep an eye on. Using the pitchfork to find areas of support and resistance, pivots were placed using the last major recessions. There was a double top (1500 region) in both bull runs before 2000 and 2008, this should now serve as a...
Rejecting the top of a parallel channel. Unfilled breakaway gap in a overbought market. Not a fan of DIS right now
Targets to look for if we see a change in the alt trend
Good time to start dollar cost averaging ETH