Fibonacci
Bitcoin and SP500 Sync DownBitcoin and SPY in a 3 waves down move. We will see if it can get a reversal here but expecting more to come to get us 5 waves into 21500-25k area for bitcoin.
Not sure on my micro count. could be a sub wave 3 of 3 at this point.
Refer to previous video for macro outlooks and haven't changed opinion.
Not financial advice.
DAX Elliott Wave Analysis for Monday 21/08/2023We are looking at two scenarios. The bullish scenario (in red) shows an ending wave 4 down that will be followed by wave 5 up. The bearish scenario (in green) assumes that wave ((1)) is finished and that we will get more downside in a corrective structure.
DAX Elliott Wave Analysis Higher Timeframe (20/08/2023)In the higher timeframe, the higher level wave ((1)) is probably finished. There is also an alternative scenario where we can make one more high to finish wave ((1)). This wave ((1)) should be followed by a wave ((2)) to the downside which is an interesting buying opportunity for investors.