We going to see Ethereum moving higher after completing a flat. since the Nov 2022 lows Ethereum has nested 3 times of which this completed flat structure should see it push much higher beyond the $4000(min). I don't think we will see any lower prices on Ethereum. The Spot Bitcoin ETF, should just facilitate a move higher which is already in the cards in-spite of it...
Shiba Inu should fly from now on after invalidating a key level from last week. the adjusted count is one above, it wasn't clear because most ending structures are like that, the moment my mentor & I (Individually) started questioning ourselves on the clarity of the structure I knew we should be going upside. The wave that started early this month was an ending...
From last week we are looking at the alternative structure unfolding. But this bear cycle is ending because it is a corrective wave, and I am expecting an ending structure that will be choppy but actually completing that (Y)leg in the red degree, which should come with strong divergence on the RSI. The blue strip extending from the blue-box is actually the 100%...
End of correction in sight, which might coincide with the possible end of the SEC lawsuits against Ripple. XRP, has broken the May 12, 2022 low of about $0.33 as expected, we are still expecting it to go lower. A target of around $0.26 is expected in the coming days/week of which we should start seeing some reversal signs in the crypto market. Bitcoin & Ethereum...
XRP has been in a downward trend since topping on 14th April 2021, and have been expecting to get into the bluebox since the beginning of the year(2022) and now we are there, and still expecting to go lower! That top(14 April) marked a decline in a 7 swing sequence which has been in play and is about to end. What I see currently is a push to the upside to about...
It looks as though Shiba Inu has began its bullish sequence after completing the correction of the impulse that began from the 7 Sept 2021 low. That impulse was a 5 wave move to the upside topping on 28 Oct 2021 (All time High at 0.00008847). This impulse was then preceded by a downward channel unfolding in a 7 swing sequence bottoming recently as of 12 May 2022,...
Since the low of May 11th, 2022; AMC made an impulse to the upside and seems to now have completed a 3 wave correction of that small impulse which for now confirms my bullish move for the next coming months. Though I was expecting price to move into the bluebox but it fell short but because of the nature of the current price action I then can now no longer look...
Alternate view in play from last weeks analysis... We are still bullish on AMC, but however a slight change occurred when price broke below 12,72 meaning that the price is now completing a 11 swing sequence (WXYXZ) to the bottom of the channel and expecting to bounce from around the bluebox area of 8,30 and (not expected to go below the bluebox(5.23) from which...
Analysis... The impulse from the low of $1.90 to a high of $20.30(27Jan 21) was the beginning of the yellow intermediate degree wave 1. The correction of that degree brought the price of AMC stock to $5.23 which completed wave 2 in the yellow intermediate degree in-turn beginning wave 3 in yellow which should unfold in 5 wave in the red minor degree(one degree...
AUDUSD is still in a bearish cycle, but I think we are about to reach critical areas. On the larger time frames there is further room for even more downside to about 0.67 which I have been expecting since late last year (2021), but currently we expect the move lower to at least break the January 28 (2022) low. The 0.67 is between the 50% and 61.8% retracements of...
GBPUSD is in a downward cycle after the 01/13 High of 1.375 . The pair made a 5 wave move to the downside which looks quite like a steady decline, supporting our prior idea that it will likely move lower in 3 wave cycles rather than impulsively. Currently it looks like the pair has completed the 1st (A) wave in minute degree and now completing a (wxy) in the...
EURUSD is going lower against the December 31 High after completing a 3 wave pullback, though the correction has a couple of short "C legs" in the minuette(purple) & subminuette (white) degrees that could be due to liquidity of the market in during the Holidays, we had expected to see prices reach 1,450 in the past week but for now we will take those legs as...
The USDCHF is bullish for the coming week. The pair is looking to complete a particular pattern, the target should be at least about 0.94500 our bluebox projection. At the moment we are expecting the pair to go lower into the bluebox before we see a bounce, the bounce should take the pair to 0.94500 before it turns lower again.
The pair has resumed the move lower, currently we should break below the bottom of the trendline drawn connecting the lows of December 3rd & 20th (2021). then we should see a minor bounce to about 0.72500, which should then continue the trend lower to 0.6700 as forecasted in our analysis on the 29 Nov 2021. The pair reversed just one pip short of our projected...
AUDUSD the pair is almost ready for downside, we are now completing the last of the 3 wave (ABC in the green minuette degree) corrective move we called for at the end of November 2021 in 5 waves. We had expected the pair to bounce to about 0.7300 which from the looks of it we should reach. As long as we don't go beyond the Bluebox (price level 0.7400) then we...
The EURGBP has been in a mid term downtrend, "Is the trend going to continue?". Currently we are completing a WXY correction in the minor green degree which should see the pair push high from current level into our bluebox area. As long as we don't go beyond the bluebox(0.8800) then we should see a reversal which will take the pair even lower in the coming...
AUDUSD is completing the last leg of a 3 wave correction in the minuette purple degree, we called at the end of November 2021. The correction should take AUDUSD higher to about 0.73200, that is if we do not get a short leg (c) which can terminate at about 0.7250 (61.8% extension). At 0.73200 we should start looking to sell the AUDUSD for mid-term downside which...
We are bullish on twitter, after completing wave (y) in the minute green degree of which the downward move began in about mid-July 2021, this move has seen twtr move lower to the bottom of the channel as low as $41.00. Now we expect twtr to resume the bullish cycle of wave 3 in the red minor degree to at least about $167.00. This drop has presented us with a good...