LONG 1D - 4hr- 1 hr- ALL . As you can see, we have finished one whole elliot wave- then a retracement at 0.5. There is also a Bullish zig zag on the 1 hr as seen here . - (here for zig zag patterns www.elliottwave.com ) . This is the VERY beginning of Wave II on an "all" date range. With this in mind, GME is SUPER BULLISH with an entry at 180ish and an EXIT on a...
NOT FINANCIAL ADVICE. Wouldn't it be fun if we could just go wild with our $ZIL price predictions? For this thought exercise I wouldn't bore you with the details of fib retracements, extensions and motive/corrective waves considerations that were employed here. THE FORECAST So I wanted to have some fun at predicting the price action for $ZIL in the next...
Looks like ETC might resume its upward climb after a bumpy evening.
With the addition of $ENPH to S$P I think we can see a breakout to $220 in the coming months. Depending on whether we see a sell of from all time highs in the indexes or a continuation of the bull market. For this projection I am betting on a bull market.
BTC is showing depleted volumes for last session or so. I expect it to give little bounce towards 11770 and then fall towards low of the chart shown with the ghost-candles (cool TV feature) Due to lack of volume, there is no clear trend but this is a general technical analysis based view. Small bounce than fall, then again big rise.
Hello, I'm completely new to trading though I am an accountant, I have a lot to learn. Please, critic and fill up the comments with questions. For this specific analysis, it is a small fish that is growing. I see, huge potential for swing trading this growing stock. My insta is: @aahlexj I have a Discord with several friends, we are open to traders!
TSLA has been a very interesting stock to watch. Since October 2019 TSLA rose 270% reaching its highest point at almost 1000$ per share, to then lose 60% of its value by mid March and gaining another 150% to reach current levels. The volatility for this stock has been quite remarkable and offered great trading opportunities. What to expect next from current...
The past week started with the price retesting the asymmetric triangle formed during almost a month of consolidation to then skyrocket into a new high. This has been a great move filling up the pockets of the ones who played the breakout. Now the question is..., where are we heading from here? When looking at the Monthly, Weekly and Daily Gold is clearly in an...
AAPL hit 3 consecutive price projections and is currently showing signs of a possible pullback (the fading demand / momenum on BoP and MACD). it's not clear how strong that pullback would be but it will be short term and i'm waiting for a chance for re-entry to the long side :) comment and share thoughts if you agree
Hello fellow traders. Hope you all well and safe during these quarantine times. As we approach halving time, it's definitely good to take an overall look at BTC's journey till here, and what the future can bring to us, if history continues to follow same fractal patterns. Hope you are ready. Cheers!
SNAP showing signs of strength - already broke above the 1st range on a backdrop of demand (Volume Viewer) and bullish sentiment (green BoP) getting ready to break the 2nd range and move above $18 ? will come back and add a price projection shortly
i still like PYPL - and i beleive it was on a growth track to hit the $130 level, which was interrupted when the global / US market got hit by the CV situation - as a business, the fundamentals are still right and sound (don't want to say "strong" - i'm not qualified for that :)), and that's a business that shouldn't much impacted by the ongoing situation, on the...
Watching TWTR and trying to make a projection based on price structure from recent moves. the projection count shows a possible move of around $8.0 to $8.4 from a baseline at the $22.0 level seems too big of a jump? well, given that SNAP has just excited the market with a 30% move on earnings this week, this scenario with TWTR doesn't look too wild. Note there's a...
Bitcoin is respecting the long term trend line forming a descending triangle, which we have reasons to believe will hold for about 210 days yet consolidating between the 4000s and 8000s. The 9th of march BTC completed the XABCD pattern so called "Bat" type and reached the first target zone into the 7000s. Expectations after the current move are that BTC will...
Updating our ZM projection after the big run - there are 2 possible scenarios, a continuation (upward) and a reversal down after distribution - both explained on the chart. issue is, we still don't have much information to confirm either one or the other - so will need to update later - maybe in a week or 2 after the move reveals itself now ZM had had a big run...
AUD exposed vs 3 major global currencies. Monthly. It will end in the range box. The breakdown is valid. Retest is missing and is likely to occur next. Prior DM breakdown projection from the innermost shadow sends AUD into the range box. Top Absolute Correlation 1 AUDUSD - AUDCHF 93.3% 2 AUDUSD - AUDSGD 92.7% 3 AUDUSD - NZDUSD 92.1% 4 AUDUSD -...
It's a new week so we should take a look at the weekly chart to help us keep a clear and open mind concerning which direction Bitcoin might be heading next. I'm made some modifications to the stock colors of my Williams Alligator by changing the color of the teeth to white and the lips to red. I have also shortened the offset of the jaw, lips and teeth to 2 and...