AssetWiz

AssetWiz

This does not promise new highs soon if treasuries sink further. Could be crash is resistance is not cleared. Based on elliot wave perspective TLT is looking to have one more down move to happen. We need to see fast decline to prove this move can last.

AssetWiz Updated 

4/12/2023 Recent upward movements in TLT Treasuries have sparked considerations regarding the Federal Reserve's stance on interest rates. While there is a prevailing belief that the Fed has concluded its tightening cycle, indications suggest otherwise. Our analysis suggests that the current trend may represent a counter-trend rally, likely persisting until the...

AssetWiz

The current chart analysis on TradingView for the US10Y (U.S. 10-Year Treasury Yield) indicates a pivotal moment in the market, suggesting the completion of the 4th wave on the 21-weekly EMA (Exponential Moving Average). A bullish candle, characterized by a long wick touching the 21-weekly EMA, has formed, signaling a potential trend reversal. The expectation is...

AssetWiz

Is this last phase of the correction? Is this expanding diagonal? Maybe this correction is already over and we are heading up.

AssetWiz

This CME futures chart is showing more bearish moves possible. Are we going to fill the gap below? We are sitting on the strong support level but price is trading below consolidation channel.

AssetWiz

This is opportunity to go long xrp

AssetWiz

Bearish trend= Short

AssetWiz

If this is a correct wave count then we are going to see V wave coming to unfold and We think this could take some alts to the space or at least close. We believe this run will last about two to three months. Best of luck!

AssetWiz

Is this going to be an up move to the chyper pattern completion?

AssetWiz

I took some time to properly measure all the extensions of the motive waves and came to this wave count. In the bigger picture I assume this is to be the final V wave of the super cycle which should start the major correction in the coming months. Right now I am expecting price to move down and bounce on the green support zone and to make the final V wave up...

AssetWiz

We are expecting sharp move down if this is the Running Flat correction. This correction leaves many people clueless because its B wave is bypassing the starting point of the correction. Once it touched 1.618 it confirmed to be possibly Running Flat . Once we start dropping, some may think its going to collapse. And bearish outlook will deepen. Move could be...

AssetWiz Updated 

having this macro view of dollar index to decline heavily till next summer. That means probably serious wealth transformation. I would consider block chain technology gaining ground and ofcours precious metals specially silver.

AssetWiz

Hi Traders! Here is my understanding of patterns and possible scenarios for coming weeks. Besides of economic crisis markets are actually bullish for now and I do not see massive selloffs on the way yet, only this C wave is setting up for next and I am planning to profit from it! So by the rules we are on the last leg of Butterfly pattern which has a completion...

AssetWiz

This is my view. I believe ALTS are on the run and we might have second wave ending soon so lets be ready for the retest of the ATH and beyond. Enjoy

AssetWiz Updated 

This chart seems to have more bullishness in it. First targeting 73% and then potentially 83%. That means holding BTC at the moment is more profitable. That being said I am expecting bitcoin to outperform Alts.

AssetWiz

Everything is on the chart. That is reasonable R/R ratio and supported by Elliot wave theory. 2900 would fill the cap!

AssetWiz Updated 

I recently posted two different views on Bitcoin and I said that we might be in for extended 3rd wave in the 1st wave of larger 3rd wave. (Elliot is not that complex if you learn the rules and ratios) Even tho I believed that this is less likely to be the case, market proved me wrong. By the end of this week I measured the end for this 3rd extended wave and i...

AssetWiz Updated 

It looks to me that one market cycle is at its completion and sellers are going to return. I am expecting one more push up to reach that 786 level. This gives me butterfly alert in the future which takes us new all time highs. This up trend looks like 5 wave move so expecting 3 wave move down.