Get started

HAC

RIOT Local bearish divergence, pullback before next target?NASDAQ:RIOT has been on a rampage making higher highs on the macro and following my paths very accurately. The R5 pivot sits at $36 if price continues upwards, hitting the $40 High Volume Node target. Bulls are int control with price above the daily 200ema and pivot point. Bearish divergence in overbought has formed so expect a pullback for continuation of the upside. The High Volume Node at $20 emains untested as support so is the high probability target. Safe trading
NASDAQ:RIOT
by Maddox_Metrics
RIOT in wave 3 of (iii), the most powerful EW moves!NASDAQ:RIOT appears to be in a wave 3 of (iii) on the macro chart. Elliot wave 3 of 3s are the most powerful moves, and price can run for a long time. Fibonacci minimum extension targets is $112, but I prefer to play it level by level on the local chart for now. Price found support at the weekly 200ema and Fibonacci golden pocket, catching a huge bid and making a higher high. The stage is set, with $40 being the first target High Volume Node, followed by $57 and then $80 Unconfirmed Bearish divergence is forming on the weekly RSI but continued upwards pressure will negate this. Safe trading
NASDAQ:RIOT
by Maddox_Metrics
GOOG Short-term analysis | Trading and expectationsNASDAQ:GOOG NASDAQ:GOOGL Wave IV ended at 0.236 Fib retracement. 2 gaps have been left behind, one at the daily pivot $350 and another at the S1 pivot $302, which is likely to be filled. The bulls are in control as price is well above the daily 200EMA and pivot. Wave (1) appears complete, and wave 2 has an expected target of the previous all-time high, High Volume Node at the 0.5 Fib retracement $337, followed by the golden pocket and gap fill $310. 📈 Daily RSI has bearish divergence in oversold territory, a pullback is expected 👉 Analysis is invalidated if we continue higher with force
NASDAQ:GOOG
by Maddox_Metrics
GOOG Macro analysis | The bigger picture | Long-term holdersNASDAQ:GOOG NASDAQ:GOOGL caught an extraordinary bid from the weekly pivot, booming into price discovery, now finding support above the R1 weekly pivot. Wave (5) of III appears to be underway with a target of the R2 weekly pivot at $447. 📈 Weekly RSI bearish divergence in overbought is huge, suggesting a major top soon, but continued pressure high would negate this. 👉 Analysis is invalidated only below wave (4) as there are no nested waves to count due to the strength of the move.
NASDAQ:GOOG
by Maddox_Metrics
CLSK Short-term analysis | Trading and expectationsNASDAQ:CLSK is above the daily 200EMA and pivot, showing bulls in control, suggesting wave © of E is complete as a truncated pattern. The strong move upwards towards $40 looks underway, but the price is trapped in a High Volume Node resistance area first. A break and close above this will be very bullish. The higher high makes the local structure bullish. 📈 Daily RSI played out a series of bullish and bearish divergences, with a hidden bearish divergence now negated. Room to grow here. 👉 Analysis is invalidated if we go below wave E, keeping it alive
NASDAQ:CLSKLong
by Maddox_Metrics
3
CLSK Macro analysis | The bigger picture | Long-term holdersNASDAQ:CLSK continues pushing up against the triangle upper boundary. It looks keen for a breakout for a long time, but just can’t follow through. Breaking above wave (B)/D at $24 is key to triggering the next thrust back to the $42 High Volume Node. Triangles are penultimate patterns found before a final strong move. Price is just above the weekly 200EMA but below the pivot. Wave E appears to have terminated at the 0.5 Fibonacci retracement, which is what to expect, but that would make wave (C) truncated; unusual. Price is above the weekly 200EMA and pivot, but only just, so neither bulls nor bears are in control. 📈 Weekly RSI is positive and back above the EQ with no divergences 👉 Analysis is invalidated below wave C, as wave E can extend that far down, but not penetrate
NASDAQ:CLSK
by Maddox_Metrics
3
CIFR Short-term analysis | Trading and expectations🎯 CIFR has completed the Elliott wave complex correction WXYXZ for wave 4 at the daily 200EMA, reclaiming the daily pivot. Wave (1) of a new motif wave appears complete at the all-time high, High Volume Node resistance. Wave (2) has a target of the daily 200EMA, pivot and High Volume Node support ~$15. Wave (3) has a target of the R4 pivot, $34.42. 📈 Daily RSI is nearing overbought with no divergences, but has turned negative, supporting further downside first 👉 Analysis is invalidated below wave 4 and the trend line at $11.47
NASDAQ:CIFR
by Maddox_Metrics
CIFR Macro analysis | The bigger picture | Long-term holdersNASDAQ:CIFR wave 4 appears complete at the triple support: weekly pivot, High Volume Node and 0.382 Fibs, challenging the all-time high, which it must overcome for confirmation. The macro structure has flipped bullish, with a new higher high above the descending trendline. Wave 5 has a target of the R3 weekly pivot at $49.89. Bulls are still in control with price above the weekly 200EMA and pivot. 📈 Weekly RSI is trending down from overbought, but has flipped bullish with no divergences. A push into all-time high will create bearish divergence. 👉 Analysis is invalidated if price falls below wave 4, keeping the downtrend alive with a target of the weekly 200EMA and 0.382 Fibs at $8.32
NASDAQ:CIFR
by Maddox_Metrics
RIOT Macro analysis | The bigger picture | Long-term holdersNASDAQ:RIOT caught a bid at the weekly 200EMA and golden pocket Fibonacci retracement of wave 1, and is now above the weekly pivot, with a new local high showing bulls dominating the trend. The next target is the $40 High Volume Node and R3 weekly pivot. Wave 3 has a minimum target of $40. I am eyeing $80 for the terminal bull run target. 📈 Weekly RSI hidden bullish divergence played out, and is now showing bearish divergence, expected to be negated in a strong uptrend. 👉 Analysis is invalidated if we close below the orange trend-line and weekly 200EMA. Safe trading
NASDAQ:RIOTLong
by Maddox_Metrics
1
MARA Short-term analysis | Trading and expectationsNASDAQ:MARA whipped below my bottom target and caught a bid that long signal now hit take profit #1. Wave 2 appears complete with a bullish market structure confirming. Price has overcome the daily 200EMA and pivot, showing bulls in control, but is sitting inside a High Volume Node resistance, where we expect price to struggle. Continued bull run has a target of the $21 High Volume Node, followed by $31 📈 Daily RSI is oversold with bearish divergence; this will be ignored in a strong uptrend, and respected in a range 👉 Analysis is invalidated below wave (z), keeping the downside alive Safe trading
NASDAQ:MARA
by Maddox_Metrics
4
MARA Macro analysis | The bigger picture | Long-term holdersNASDAQ:MARA hit the trend-line and High Volume Node support during a complex correction WXYXZ, at the 0.786 Fibonacci retracement, the ‘lowcap golden pocket’ where we expected volatile assets to complete wave 2. This is a high confluence bottoming area, and price is attempting to reverse. It is at a significant point of triple resistance, the weekly 200EMA, High Volume Node and pivot. Breaking through this will be a strong bullish indicator, with a $18.64 first target at the R1 weekly pivot and upper trend-line boundary. 📈 Weekly RSI is has room to grow, but without a strong push in price, it will start to show hidden bearish divergence. 👉 Analysis is invalidated if we close back below wave 2, $6.10 Safe trading
NASDAQ:MARA
by Maddox_Metrics
IREN Short-term analysis | Trading and expectationsNASDAQ:IREN has recovered the daily 200EMA and pivot on bullish market structure. Support is now the $50 High Volume Node and the daily 200EMA. Price should test the all-time high resistance next at $74, before breaking into price discovery. Running the pivots has a target of $103, but the 2.0 fib extension is at $180, where we expect the price to terminate. 📈 Daily RSI has room to grow, not yet overbought. 👉 Analysis is invalidated if we go below wave (2) and the daily 200EMA. Safe trading
NASDAQ:IREN
by Maddox_Metrics
IREN Macro analysis | The bigger picture | Long-term holdersNASDAQ:IREN structure is ambiguous as we have a higher high but not a higher low yet, due to the strength of the rally. Wave (4) appears complete at the 0.382 Fib retracement, the highest probability termination point for wave 4s. Price has recovered the weekly pivot and remains above the 200EMA, showing bulls in control. Wave (5) has an expected target of the R4 weekly pivot at $179, which is the 2.0 fib extension of the Elliot motif wave, where we expect wave 5 to terminate. The weekly candle is spread is a huge bullish engulfing pattern. 📈 Weekly RSI has hidden bearish divergence, suggesting this rally is corrective, and we still have lower to go in a longer time frame before new highs. 👉 Analysis is invalidated if the price goes above wave C Safe trading
NASDAQ:IREN
by Maddox_Metrics
HUT Short-term analysis | Trading and expectationsNASDAQ:HUT local analysis suggests wave (3) of III is underway, which is characterised as “a wonder to behold” in the Elliot wave handbook due to the power of the trend and returns. Wave 4 was complete at the triple support, High Volume Node, daily 200EMA and .236 Fibonacci retracement. Wave (2) found support at the daily pivot. Running the daily pivot would take price to $177, and wave 3 has a minimum target of the 1.618 Fib extension at $294. 📈 Daily RSI hidden bullish divergence failed, followed by a successful bullish divergence above oversold, price is now overbought with room to rise. 👉 Analysis is invalidated if price drops below wave (2) and the daily pivot, $67 Safe trading
NASDAQ:HUTLong
by Maddox_Metrics
1
HUT Macro analysis | The bigger picture | Long-term holdersNASDAQ:HUT hit my long-term target of the all-time high (ATH) High Volume Node (HVN) resistance, $80, and rallied 30% into price discovery in one day. A retest of the previous ATH is expected, but HUT has incredible momentum and may not pull back. The targets are the R5 weekly pivot at $168, followed by the Elliot wave 3 minimum target for wave 3, which is the 1.618 Fibonacci extension at $294. Don’t fade the trend. 📈 Weekly RSI hit overbought with bearish divergence, negated by hidden bullish divergence and is now maximum overbought. 👉 Analysis is invalidated if we close back below the support node, $42 Safe trading
NASDAQ:HUT
by Maddox_Metrics
1
NVDA Short-term analysis | Trading and expectationsNASDAQ:NVDA is in price discovery with huge candle spread; very bullish. Well above the R3 pivot and daily 200EMA, the bulls are in control. Price is in a wave (3). R5 daily pivot is the target for this move up at $235, and any pullback may target the previous ATH support HVN. 📈 Daily RSI played out bullish divergence andis now overbought with no divergences suggesting a continued rally. 👉 The bear scenario kicks in if we drop below the recent lower low at the weekly pivot $161 Safe trading
NASDAQ:NVDA
by Maddox_Metrics
NVDA Macro analysis | The bigger picture | Long-term holdersNASDAQ:NVDA had a very shallow pullback and quickly ran back into price discovery on sentiment hype. Wave 5 appears to be underway, which could end at any moment with an even stronger pullback than previous, giving a target of the wave 4 HVN and weekly 200EMA at $88-100. For now, bulls are in control, and you shouldn’t fight the trend. Wave 5 targets are now the weekly pivot extending from the R1 at $236 to the R5 at $512. This would require a new bull craze. 📈 Weekly RSI bearish divergence continues to get larger; this is not a good sign for the bulls. 👉 The bear scenario kicks in if we drop below the recent lower low at the weekly pivot $161 Safe trading
NASDAQ:NVDA
by Maddox_Metrics
MSFT Short-term analysis | Trading and expectationsNASDAQ:MSFT had a great rally straight back to the daily 200EMA, where wave 1 appears complete, and price is likely to be rejected on the first test as resistance. Wave (2) has a target of the HVN at $387, just above the daily pivot. Until the daily 200EMA is overcome, the bears are still in control. The structure remains bearish with no higher highs or higher lows yet. 📈 Daily RSI is showing hidden bearish divergence in overbought, so a rejection here is highly likely. 👉Analysis is invalidated if price falls below wave (II) $345, keeping the bear trend alive Safe trading
NASDAQ:MSFT
by Maddox_Metrics