Based on larger term analysis in the waves made present over the past few weeks, I believe that Solana is due for a sizeable run back to $25, before support is ultimately tested near $20.
The drop on AMC has reached the expected levels however, it surely took a detour from the expected itinerary which left me questioning the play all together. Reassessing the structure of the drop and now finding a bit of clarity, I feel confident to say that my previous prediction was on point for the most part and I now expect AMC to reach for new all-time highs...
Without securing price action above $60 during the pending upside swing, AMC faces a very steep drop below $10, more likely to find support near $5. Considering the trending upside move and its 3 wave structure, this eliminates the possibility of AMC being in true impulsive form.
Throughout the past 2 decades (22 years), NVIDIA has made impressive runs, increasing its share value by 822% over that timeframe. With 5 overlapping and continually extending waves being complete, the beginning of the 3 wave breakdown is already underway. From November 2021 until October 2022, this major market player experienced a 69% ($242) drawdown for what...
With an overlapping wave structure since its inception, Marathon has seemingly finished Wave 3 of its apparent diagonal wave. With Wave 3 being longer than Wave 1, it should also be expected for Wave 4 to be longer in price length than Wave 2. This makes it very probable for share price to see a 50% shave over the next couple-few years. A drop below the yellow...
Admittingly, I am beyond fascinated by the structure and massive growth that Bitcoin has seen over the years. I don't mind acknowledging the fact that I was late to crypto and trading too, to an extent. My missing of the initial take-off has nothing to do with this prediction and I share it with no bias at all.
While I do believe that cryptocurrencies are now a...
On 4H TF
CAPITALCOM:AUDJPY is in the diagonal wave.
With diagonal wave, AUDJPY has a invalidation level at 100.418 because that level is wave 5 = wave 3.
A golden ratio at 100.213: 1.618 of Wave 4.
Let's wait and see
Based on recent and continual analysis of Bitcoin, I believe that an upside trip to $32070 is minimally required (based on my perspective of the Elliott Wave count). This will serve as the final resistance level before Bitcoin takes an anticipated dip to $24K. From here, the crypto world will re-enter the "BTC to $100K" mindframe but that may become a troublesome...
Luna’s astronomical 33,000K% increase in value cannot be sustained. Though invalidation was discovered in my previous assessment, further review only reveals more diabolical drop opportunity.
I suspect Luna to top out near the $140-$170 price range before entering Discovery Support phase >>>
The base of this macro structure presents few probable...
Cambium Networks Corp has undergone a steep 77% drop in value over the past year. What may seem like a red flag for many investors seems to be a safe play for me (and the Digital Surf Trading Community). In Elliott Wave speak, the current patterns at play for this stock are likely that of a Wave 4 (Extended Flat correction) where (c) wave has completed a rare drop...
Based on my continued and careful analysis of Gold, I believe that Bears are due to strike for a drop towards the levels of $1845
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Don't drown. Join the wave.
