This is follow up to my previous Plot that caught the Rocket from $0.19 (click) . XRP finally took off, partially tugged by Bitcoin, partially of its own strength. Entire market had been retracing and so is Ripple, but it is holding some gains. Now approaching some support zones including one it just " Pinged " up from. I know what you are thinking: "Draw...
As you know, the US-Iran situation pumped Gold price. Now it is deflating back towards pre-crisis price ranges. It will probably return to the original Impulse of wave. "Impulse" is a surge that creates "Ripples", like a pebble into water. "Impulse Redux" is returning of wave to the original source of energy. "Impulse Core" is the zone of maximum energy, in the...
Followup to my previous ETC plot of resistances (click). Now it looks on the verge of a breakout from massive resistance. If this can retest resistance, that would be a good entry long. Left Chart is 3D timeframe, showing the high tf FB in play. Right Upper is 2h timeframe, covering the last wave up. Right Lower is 34 min, for detail look at zones and...
Bitcoin (and crypto in general) saw an Impulse due to the Iran Crisis. (or so it seems) We have retraced most of the move and are revisiting the source. (Impulse redux) The next few dollars will determine the true nature of the move. (purely Iran?) "Impulse" is a surge that creates "Ripples", like a pebble into water. "Impulse Redux" is returning of wave to the...
As you know, Gold caught a massive bid from the Iran Crisis. We have since retraced most of those gains just as quickly. More importantly the critical level of 1555 has been lost. Plotted are three possible ABC correction patterns. Also plotted is a Green Bullish path which is possible. If ABC plays out, the higher wave B gets the better. $ 1532/35 is the...
Quick plot to look for long scalps on EU. The decline fits a correction to the climb. Mid-weeks is a good time to catch reversals. We have two local Fibs wrestling for control of this wave. Normally I would account for many more fibs of higher tf. Unless there is drastic news, these fibs should last the week. Previous EUR.USD analysis (click): Big Picture Fib ...
Quick follow up to my previous plot calling for $8475 top (click) . Some updated zones of interest for the expected pullback. Have already hit primary support and initial resistance. It is quite possible we wander in between for some days. 7825-7845 is immediate support, may not hold another hit. 7710-7738 is a minor support, unlikely to reverse it but bounce...
Quick post to map some nearby Support Zones. Highly Volatile 24 hours due to Iran Crisis, and more to come perhaps. But as of London Open, the "war" cries seem to have cooled down a bit. Iran kinda said, "we're done if you are", and Trump tweeted "all is ok". Thus we are retracing some/most/all of the spike from that particular uncertainty. However, the "cat is...
Quick post to map upcoming Resistance Zones to watch. Bitcoin is riding yet another Parabolic wave of growth. Plotted are upcoming Resistance zones of high interest. Expect a reaction at each zone and study it for clues. $ 8123-8135 is immediate resistance, was pierced but will still be tough. $ 8281-8284 is a TIGHT fib confluence, reaction might be at +/- $10...
This is a follow up to my previous Big PIcture Plot calling for $1650 (click) . As the global tensions increase, our Precious is being hoarded. We are possibly in a "wave 3 of (3) of V" type of move here. The path is a GUESS but the Zones are SOLID, and WILL react. Posted are 3 time frames, showing various aspects of the projection. There are several "Orders"...
Quick post to map important resistance zones nearby. Quite a bull run after bouncing from a strong Fib Confluence. Whether it is driven by the Iran crisis, or follow Gold, who knows. But what we do know is WHERE to be cautious with our capital. $ 7780-7806 is immediate resistance and should be "Pretty Strong". $ 7875-7885 is next, and "Possible End of Wave"...
This is a follow up to my previous analysis, calling for Double-Digit Prices (click) . Ether is still very heavy, even after Bitcoin's gravitational pull. The jump in ETH has not shown even the Minimum follow through. It looks like it NEEDS to test $100 round before any bulls show up. $143.27 - 143.80 could be broken with force to prove me WRONG. $107.48 -...
Quick Overview of the Major coins and their immediate Resistance zones. Some are showing signs of breaking out, others are testing boundaries. All coins orbit Bitcoin, but rallies/dumps often start with an alt coin. This is a great example of a very useful PAID tool offered by TV. I have several layouts saved with multiple assets in ONE window. With 3 monitors, I...
ETC plot to map nearby Support and Resistance Zones. It has enjoyed much buoyancy even while BTC was diving. Now it is at first of three progressively stronger resistances. The bounce thus far looks "Corrective" more so than "Impulsive". Corrective as in overlapping waves of roughly equal amplitude. Impulsive would have a very long "wave 3" and no overlaps. This...
Quick near-term plot to show the most Relevant Fib currently. We got a nice bounce off a low that was also defined by Fibs. Now bulls have a chance to use this staircase to re-attack 7450. This fib has defined the entire bounce from 6850 zone. The numerous "Pings" on this fib confirm its validity 100%. Now we need to see if bulls "take the bull and run with...
Tezos flew fast and furious when Binance and CoinBase added it. As usual it is now retracing most of the fomo bought parabola. Due for a bounce soon, which will determine its strength if any. $ 1.2152-2237 is first support, not expected to be strong. $ 1.1756-1877 is a bit stronger, but not expected to end waves. $1.1278-1155 would the IDEAL bounce, preferably...
Apple reaches an important milestone. Fan of Apple Products or not, one must be a fan of Apple Stock . 2019 was a massive bull run, pushing through several Major Fibs. Now we have just kissed the next "Golden Fib" in its growth stages. Plotted here is Apple's "Genesis Fib" across various time frames. There was an "Impulse" at birth, which fated the growth...
Quick post to map nearby zones of importance. Captures most of the range bound trading of recent. Once it wanders outside this range I will post new zones. Interesting stab and bounce for all crypto's today. It may have been a "Stop Hunt" below supports. Or just another "Pump-then-Dump" scenario. Behavior around these zones should offer more clues. Currently at...