In a previous analysis, we mentioned the possibility of gold price rising to the 2080 level. So far, gold is moving according to our plan, and the 2080 target seems logical.
Does anyone agree with this or have the same expectation?
Here is an analysis of US30. I project an Ending Diagonal and will soon finish and complete wave 3. A small retracement on lower timeframe expected before completing the diagonal pattern
After the 8-9 November crash and low we can WAVESUSDT showing early reversal signals.
Easy to spot is the strong RSI at very low prices, the lowest prices in 2 years for WAVESUSDT yet the RSI is above 50.
This signals gives it away.
Next, we see high volume yesterday, today green while major altcoins and Bitcoin are showing a retrace.
This tell us that Waves...
as you can see in the chart, the correction wave (c) is not yet completed and continues to $19 or $6.3.
so i recommend you if you wanna get a position just get short position and if you wanna hold this crypto currency wait until this wave completed.
this chart will be update when price get there.
If you agree with my analysis or you are happy,...
I marked red the zone we could potentially reach before drop but looks like we will hardly move any more and more like just bleed down as is. The target zone of the drop is also marked so hope this helps follow for unique analysis and more! ))
Here is a projection on EURNZD. As you can see, the last wave 5 is a truncated wave. As we expected after truncated wave 5, a zigzag will form and on very rare occasions a double zigzag can also form. We are looking for the last wave to complete the last leg of the double zigzag before the price makes a new uptrend.
In today's session, we are watching the cryptocurrency Matic for a short-term buying opportunity after closing the downside wave for a small correction. Our first target is the top, and the second target is 1.27 FB Level.