stromm_by_wmc

stromm_by_wmc

Unfortunately, Gold has taken an unexpected turn, deviating from my initial expectations. It appears that the previous upward impulse might be an extension of Wave 1. To maintain my bullish outlook, it's crucial for us to remain above $1810; any breach below this level would invalidate the bullish scenario. However, if our interpretation aligns with a Wave 2...

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Bitcoin is now in the precise zone we anticipated. We've canceled the last limit order, expecting a pullback from Wave 3 to Wave 4. While a sharp drop is not my primary expectation, even if it occurs, I anticipate it shouldn't fall below the 50% Fibonacci level, roughly at $35,000 maximum, with our entry at around $37,460. Once this correction completes, we might...

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Our entry into Google was perfectly timed, thanks to the limit order. Now, we face the challenge after our subordinate 5-wave structure, where we completed Wave 1 with an abrupt Expanded Flat (a, b, c). The question arises: is this already Wave 2, or is it Wave ((a))? Currently, it appears to be a triple correction upward, specifically a Regular Flat. Possibly,...

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Avalanche's price has skyrocketed recently, especially in the past few days. However, I anticipate that we might be approaching the end of this upward trend, and a significant correction for Avalanche could be imminent. Looking at the recent price action starting from the low in September, we've completed a Wave 1, followed by a Wave 2 correction, a swift Wave 3...

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Uniswap presents an intriguing yet complex chart. I believe we are in a primary Wave (1), Wave (2) structure (Dark Blue). This has formed a Wave 1, Wave 2, and is now in the process of forming Wave 3, which is simultaneously a Wave C or a sub-wave (v). Following this, we expect Wave 4 and then Wave (v) or the overarching Wave (3). With this structure, we...

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🚀 With cryptocurrencies now in the spotlight, they've captured my attention as well. I've refreshed my chart; I hope you like the new look. Now, back to Cardano. Cardano is showing weakness in Wave 3, and I believe we'll soon witness Wave 4 before proceeding with Wave 5. Wave A should now be forming at the 23.6% Fibonacci Retracement. Then comes Wave B—exact...

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Everything is going according to plan at Tesla. After our two entries, with the first one at $206 still open, we are still hovering around the $242 mark. As anticipated, we find ourselves in a rather complex correction that is not yet completed on the downside. I expect a pullback for Wave C, which could range between the 50% and 61.8% Fibonacci retracement...

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PayPal takes center stage, but caution is advised. A potential Wave C or II with a correction below 78.6% Fibonacci is evident. While the recent surge resembles a Wave (i), the triple top might indicate an imminent downtrend. If $50 marks the bottom, consider a generous stop-loss at $49.80. Wave 3 could target the $76 level. The future? Uncertain! Yet, a...

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Coca-Cola's stock faced a nearly 50% drop at the onset of COVID-19 but swiftly recovered, forming an impulsive Wave I in April 2022. Since then, it has been in a more extended correction, which might have found support around $51.55. With a strong surge since October 9, the culmination of Wave 1 could be imminent, and we anticipate a Wave 2 correction. As soon as...

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One cryptocurrency that is lagging behind in my opinion is Polkadot. Our last limit order for DOT didn't get filled. After close scrutiny, it appears to be a completed Wave (a), with the formation of Wave (b) underway or just completed. There might be a brief upward move, but I don't anticipate it surpassing the level of Wave 1. A Flat pattern, whether Regular or...

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The Nasdaq Future presents an intriguing chart. Following the completion of Wave 3 on July 19, 2023, we encountered a complex Wave 4 correction. Since October 26, we've witnessed a parabolic surge, indicative of the initiation of Wave 1. Interestingly, there hasn't been a significant correction resembling a potential Wave 2. Therefore, I anticipate a downward...

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Similar to gold, silver witnessed a robust surge last week. On the 1-hour chart since early October 2023, a strong uptrend is evident. With completed Wave 1 and Wave 2, we're currently shaping Wave 3. Before concluding, sub-waves 3, 4, and 5 need completion. Anticipating a short correction next week, I estimate silver might dip to the 23.6% or at most 38.2%...

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Gold is currently the talk of the town, and for good reason. Having closed above $2,000 for the first time in a month, it's on its way to a new All-Time-High. From the all time high V, it corrected with a flat, an overarching ABC subdivided into a 3-3-5 structure. After forming a triple bottom around $1,618, it surged to $2,070, marking our Wave (5) and the start...

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After reanalyzing the S&P 500, I've made significant adjustments as the previous scenario didn't quite align. According to my current assessment, the upcoming weeks and months might unfold as follows: I still believe that a Wave 5 emerged in January 2022. Subsequently, we experienced a Double Zigzag descent to the $3500 level, where Wave A formed with another...

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Hello Friends 😁 Since our last analysis of the DAX, significant developments have unfolded. We've adjusted the analysis slightly to the left, identifying Wave 3, Wave 4, and Wave 5, or alternatively, Wave 1 and Wave A. In my perspective, the upward trend represents either a Wave B or Wave 2 correction. As long as we stay within the 100% correction, it continues...

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Hey Tesla Enthusiasts! 👋 Today, let's revisit Tesla, where we've had two trades, and both have been remarkably successful. The first trade is still active, and therefore, the new Stop Loss is set at $212. I believe that Wave 1 has concluded here, hitting the 127.2% Fibonacci level. The rebound has been exceptionally strong, and I don't foresee it holding or...

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Hello Crypto Enthusiasts! 👋 In my view, Uniswap is currently in a prolonged accumulation phase on the larger scale. The level at $3.37 serves as our support line and a crucial level for the overarching Wave II. Upon closer inspection, let's focus on two decisive images. On the second image, we confirm that Wave (2) is validated by an A-B-C ZigZag correction....

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Hello Friends 😁 📈 In-Depth Crypto Market Analysis 🚀 CRYPTOCAP:TOTAL There has been a notable need for a corrective wave (4). Upon further analysis, it appears that the correction has taken the form of a bullish contracting triangle. This corrective structure suggests a temporary consolidation and typically culminates in a breakout. It's essential to note...