Enjin coin is in the third wave when you look daily chart (but it is not finished) Undoubtedly a new up trend will begin, but we are not sure whether the correction wave is over or not. I expect this correction wave goes up from one of the blue support boxes. EMA 50(daily chart) and EMA 200(4h chart) are shows the same area. There are three scenario which is...
Bitcoin is in the third wave of a cycle which is started form March 2020. But if we consider the last impulse wave which started from Sep 2020, it seems that the third and forth wave has been finished and the new impulse is expected. (the ending point of the forth wave can be easily fined by the help of retracement and extension fibonacci and also EMA50 which is...
- BLNK After a hard fake outsell off BLNK found support on a strong trendline creating a textbook acending traingle, or abcde correction looking like like i said a textbook traingle acbde following rules with E being a common fakeout. - Energy overall this year looks extremely bullish as well strong support with the EMA and the powerful Cloud long with a...
- CRSR looking like a nice long after making a long correction of lower lows. But also making higher highs, but leaving nasty fakeouts. - Its been holding support pretty good so far and its been bouncing of a strong trendline and fibs. - It might have also left a scot wick to the upside possibility being filled if we start to push up but it has left a weak supply...
- Li showing life of reversal here but breaking that trendline + Fib plus strong support will just bring more downside. - But with that being said everything mentioned above plus indicators do show signs of a bounce or possible reversal here. - Li usually runs along with Nio and Xpev as well can pump along with energy so its something to watch out. Overall bullish...
- DDOG looks like a Bullish Triangle With E ending bouncing off the cloud as well as the trendline. - Also with thouse bullish engulfing candles the low has been set stop loss would be bellow or at that candle. - DDOG also is a highly bought up by the legendary Cathie Woods.
- AMZN looking like an amzing falling wedge, I believe its done with its long abcde correction, as well bounced looking to be bouncing off the trendline here soon witht he fibs. - Not a strong confirmation as ER is around the corner and it can actually be the reason why it can actually can drop hard instead of following this bullish wave count. - ER should...
- MSFT showing a retest of a somewhat acending triangle, making it a nice wave 2 count for a wave 3 incoming. - MSFT also has a event on Monday and Tuesday along with AI. - This can also be the retest here for a move higher but judging how market has been moving I am bearish on tech until they show strength and direction
- APPL for the time being looks like it can bounce off support here soon, but if does it has to break that wave 3 for it to invalid this bearish count. Creating a Head and Shoulders. - Apple if it follows this count will start of a huge wave 3 impulsive move. - Bearish on the market for the time being mostly tech due to the events going on with the "Meme Stocks"
-WKHS after an amzing breakout of a beatiful triangle i see 5 waves up for a impulsive wave 3. - Its looking like a deep wave 4 retracement but it aligns for a the higher degree wave looking really good! - I do expect a sideways movement before it does go to wave 4 but breaking the low will make this count be a 1,2 which means wave 3 will be more impulsive...
- LAZR looks like some sort of triangle abcde but can also be a 1,2 count, - It does have strong support right now due to that trendline bounce and right into the cloud as well. - Still cautious on this one but I do expect a bounce for a scalp or day trade