Polkadot (DOTUSD): BINANCE:DOTUSD Polkadot appears to have completed Wave (2) with a notable level of certainty. Upon further analysis, it increasingly seems we're witnessing an ending diagonal pattern. This indicates the potential conclusion of the current uptrend shortly, leading to a corrective downturn for Polkadot. While Wave 1 could theoretically extend...
Qualcomm (QCOM): NASDAQ:QCOM For Qualcomm Inc. on the weekly chart, we now assume that after the significant rise during the Dotcom Bubble for Wave (1), and having observed Waves (4) at $101.47, we are approaching the completion of Wave (5) / the first 5-wave cycle towards Wave I. We expect this Wave (5) to be in the range of 50 to 61.8%. This places us at a...
Elliot wave is finishing leg 5 of the macro leg3. Buckle up
Gold has reached 2150 lows as yesterday's choppy movement According to my method, it still continue its movement until further FED interest rate on March 25 I bet they won't cut the interest rate, or if they're getting insane they just gonna increase it by 25-50 basis points, if they did it will leads to a biggest crash ever that last up to 4 years.
Going bankrupt is always an option. This is purely a technical view. If it isn't going to zero, it certainly is looking interesting from an Elliott Wave point of view. From 240$ to 6$ is quite the drop. With the proposed count, the last wave 5 could be done or we might be in a last wave 4 before another push down. Here's a count of the last wave, that would be...
ENJ atinge todos os alvos espelhado da perna de correção de Dezembro - 23 à Janeiro - 24. Podendo realizar agra uma correção até região dos 0.4200. Essa correção pode caracterizar a onda 4 (Possivel lateralização pré rompimento de MM200). Forte alvo possível para onda 5 em região de 0.9480 - 1.1100.
DOT atinge primeiro alvo espelhado do impulso e correção de Outubro - 23 à Janeiro - 24, na casa dos 11.700. Ainda possui alvos maiores em torno de 13.000 - 15.270 afim de concluir o movimento da onda 3 e assim realizar uma correção de preço.
As everything is depending on how the FED will determine the current economic situation in the USA one could make a case for both a continued strength off the USD until the FED will cut interest rates. However, a slight indication of earlier than expected cuts will weaken the USD significantly and will come as quite a surprise for the market. In my opinion, the...
This is an Elliott Wave analysis. We know that the market is fractal, and we find this wave behavior on any time frame. According to my observations, it seems that we are close to an 'ABC' correction in the micro-trend (1D), and in the macro-trend (1W), we would be near the 4th Elliott wave, which corresponds to a correction of 11% - 15%, or it may retrace near...
There is a Diagonal Ending Wave shape formed at the top, and this indicates that the big rising wave for gold has ended and we are beginning a strong falling wave coming. It will take a lot of time to reach the target because this is a large daily frame. ..There is a Y wave that has not yet formed, and it will return to retest the area specified below *In...
FX:XAUUSD is updating the global maximum. The distribution stops. The market goes into correction state. But, what is also interesting, a setup is forming on the chart, foreshadowing a support breakout. Let's briefly discuss the current situation in gold, without a long rant. The upcoming week is full of news. FED & FOMC meetings and Powell's speech are the...
SUN will break 0,007$ to be on its way for an explosive bullrun.
Compared to the forecast we published two weeks ago, the natural gas prediction turned out to be 100% accurate. A comparison of the 1 hour charts is shown below. Though I was able to accurately predict the exact shape of the recovery from the recent low, I was uneasy about the longer-term outlook. On daily chart I repeatedly expressed my discomfort with the lack...
ICP looks very strong from a technical perspective. We can see that we have started this whole uptrend with an impulse wave 12345, which is very good to see if you are an Elliott Wave trader. We are now in a corrective phase, and usually we want to see a liquidity sweep below the previous wave (4). In this case, below 8.5 USDT - that would be a great level to buy...
People who say this coin will go nowhere don't understand crypto and will miss out on monumental gains. If the first big resistance is broken algo longs will be triggered and will send this thing together with peoples FOMO to the next galaxy...
My last analysis for HSI was a bullish call. Since then, the move for Hang Seng up move hasn't been that clean and I thought that it is time for me to publish the bearish alternate count. As should be clear, I have termed the up move as a triangle, and thus expecting a move down at least to the low made on 22nd Jan. Note: I have linked my bullish breakout analysis here.
NASDAQ:IBIT March 18, 2024 60 Minutes Looks like HL, HH pattern is broken. Also NASDAQ:IBIT too far from moving averages. At the moment below 9,21 and 50 averages in 60 minute time frame. I will consider 3 moves. The rise from 28.91 to 41.99. The rise from 34.03 to 41.99 The fall from 41.99 to 37.45 for the first rise NASDAQ:IBIT has retraced 23.6...
Here I have DXY on the 4Hr Chart! After DXY's failed attempt to rise into the 105's we seen quite the Downslide! I believe we are witnessing a Correction Wave given that Point A was BROKEN after the failed attempt to go HIGHER AGAIN at Point B! NOW, with our LOWER LOW @ 102.358, we are seeing Price Retrace into our Fib'd Golden Zone @ ( 103.211 - 103.097...