Bitcoin: BTCUSD Do the Math another way Whilst Bitcoin gyrates around and waiting for a clear pattern to emerge - no hurry - old bull mode, not young one - waiting for dust to settle - here's a review of yesterday's tough-won 2% gains. Today ETHUSD has been clearer, so wrote on that in interim. It's just a prettier chart right now, and more profitable too today,...
The B wave appears to be almost complete. I still hear a lot of pros saying that this is the surge that we have been waiting for and that we are only going higher now. We will see. That being said I do believe that we will drop into the yearly cycle low. There really isn't anything to add. My previous gold post from a couple weeks ago is still how I see it. ...
RSI and movement look good so far. Small pullback could be neckline test. Watch channel for reverse or breakout.
Check out each of these triangles and they're all at 50% from Low to High. Test it out for yourself Got to be a good way to predict and profit!$!
If we are still in a triangle consolidation with everything being larger 3 wave structures, then the small b wave that we are in should not have been completed yet and we should move up to at least the 100% measured move to 1320 and possibly a little higher to the red zone. After that I really really feel that jumping into JDST or DUST is going to pay bigly. I...
XAUUSD broke out of the inverted Cup & Handle and targets 1250. Cheers!
Basic measurements of Minor wave 5 and Intermediate wave (5) based on past wave lengths. All targets and areas of interests are on chart. Not a trade, just using this for my trades in Gold.
GDX is forming a rising wedge. Sell the breakout. Cheers!
For the Gold chart, I am anticipating a little more of a drop to test the blue trend long term blue downtrend line. It appears to m that we have been making a series of three wave patterns since early 2016. We may very well still be in a triangle pattern. The pink line with a pink arrow at the top of the page marks the top of both 2016 and 2017. The blue...
Pullback was Hit! Support didn't Hold, but still above 90 EMA. Now outside Channel... Possible Bounce Back up to Breakdown of 24.50 ?
Pullback was Hit! Still above 30 & 90 EMA's. Forming a short term Descending Wedge - looks Bullish to me But outside Channel now... Caution! Might require more Pullback to $24 area, but will support hold?
Wow, yesterday's BIG up move was out of nowhere@! Up 2 points or so in 30 mins. DUST is back! and in the Up Channel again. I think a slight Pullback is due, getting way to far from 30 & 90 EMA's.
Well, it has been a long very stretched out daily cycle. And it is clear now that we are dropping into the DC low. I have drawn on my chart my approximate price target for Jnug before a bounce. I think we will hit the 100 DMA. But I am using the GDXJ chart to help me a little more. Here is the GDXJ chart zoomed out a bit And here it is zoomed in a bit. As...
Wow exceeded Friday's prediction of $23.60, almost hit $24. Looks like DUST needs a Pullback... let's see if it goes back down to new target area. I like it when I guess correctly :)
I think the downtrend resumes based on the Triple Top, it couldn't close above 22.50. If so, I could see it moving down to 21.30 or as low as 21.00 area.
Watching possible breakout here near 1315. Overshoot? False or are we testing the breakout to see higher highs? Keeping this in mind too:
Today was a big deal to me. North Korea just fired a missile over Japan causing gold to spike and that is good enough for me for this breakout. So the question for those that are in JDST or Dust is how to get out. We will have a daily cycle low very soon. I expect gold to drop back down to the 1270ish area and retest that long term trend line for the end of...