With the money printer going BRRRR (costing $4T from the fed) causing stock prices to be inflated, investors and money managers in the stock market may soon take profits into hard assets that aren't necessarily tied to the value of the dollar, like housing, cryptocurrencies, gold, etc. in order to preserve the wealth that may otherwise be lost due to continued...
IF we follow an ABC correction of the previous Eliott wave and extrapolate the same patern again we can easily see BTC at 2M dollar per coin which would mean mass adotion took place ,the market cap is going to be at aprox.36 000 000 000 000$USD(18M*2M) by 2030 IF BTC decide to start another Eliott Wave in 5 step we could be in the area of 1M dollar per bitcoin...
It's looking like GBPCHF will come back to test some levels that I've marked with green lines, in order to gain momentum to test the daily levels marked in red. -It's looking very bullish because we've close above the previous swing highs that created our low.
See previous earnings with Reverse H&S similar to today's. Both going into Monthly H&S, so we think after a nice pump from Reverse H&S B/O this am and a big profit we will be able to move to the short side with some very cheap puts. The green line (lower priced green line) is the measured move, but we will prob fall a bit short and then start reversing.
As you can see from the chart it's interesting to watch whales playing games on this coin. Always retracing over 90% each time from the top to the bottoms. Because this coin has not done anything apart from acting like a pump and dump, i'm assuming its going to dump all the way to: - Entry: 23- 13 satoshi - Exit: I would go for anything above 300%-500% my...
Long Opportunity on Cad/JPY Weekly Time frame. Potential Head & Shoulders Pattern, entry on Break & Re test of Neckline. . Hold strong and ride this one out if the Neckline is broken. Goodluck!!
The trend is definitely your friend in WDC. 163 price target of extension. Very deep wave 2. Excellent dividend to boot. Could be a game changer added to a long retirement portfolio. Digital media storage is not going anywhere for the foreseeable future as Euclidian Physics still dominates Moores Law. When the Qbit becomes common place - reassess this...
In the next week we may see the pound rally to retest the previous structure which is a quite strong resistance and a level with few Fibonacci confluent before it continue its downtrend. This market prediction is just my opinions. If you agree hit the like button, or you can share your view.