EuroMotif

EuroMotif Mod Updated 

Near term possibility for upswing continuation. The strong spike was clear wave 3, so w5 to come? If this plays out, could be part of bigger 5-wave move. 10,250 recent high is immediate resistance. 10,350 will be next strong resistance zone. 10,050 must hold if targets are to be hit. Part of my ongoing Bitcoin analysis, been hitting every important turn...

EuroMotif Mod Updated 

NU it sitting on a support that might break for a quick drop. Breakout traders might short it on break below current zone. Bounce traders might long it at one of three zones below. Support zones below are focused, allowing for a tight Stop Loss. Short targets would be to each of the three green zones below . Long targets from zones below would be to next zone(s)...

EuroMotif Mod

AU has a couple of super tight Fib Confluences. RBA gov's comments just dropped it below one. Retrace rejected from subsequently lower fibs. See some of my other Forex calls below. I also plot Crypto and some Stocks, check my Profile Page . EUR.USD short call (still in play) EUR.USD bounce plot (found last bottom) EUR.USD short call (in time, to the...

EuroMotif Mod Updated 

EU's recent decline has been following fib ratios closely. Looks like we have finished a wave 4 and are in wave 5 now. Key supports are nearby which if broken could be catastrophic. 1.11866 and 1.11685 offer thin slivers of support before deep dive. 1.11520 - .11555 should provide a bounce, but maybe not bottom. 1.11042 - .11090 should be absolute bottom before...

EuroMotif Mod Updated 

Gold peaked as expected and has been retracing. Looks like it has at least one more leg down to go. This may be just wave A of a bigger ABC correction! But we should see a decent bounce here soon. Where is bounces FROM and TO will be telling. Lack of bounce at plotted zones also telling. Previous Gold Analysis (click): $1450 top call $1522 eventually $1386...

EuroMotif Mod Updated 

GU has been quite weak but had a decent bounce. It has been tightly bound by the blue Fibonacci set. Monday open started a leg down that might continue. 1.249x is where a clear/precise rejection might occur. 1.245x is the first support bulls will be watching to buy. 1.242x is the last stand for bulls to turn the trend bull. Break above 1.250 would invalidate...

EuroMotif Mod

Four different Fib series from different time frames. Lower Right is the last bounce and bullish Impulse. The other three are bearish Impulses pushing down. Every line exerts influence, trying to reflect price. We look for price turns at confluences of the fibs. Bull or Bear, the confluence zones are of interest. . . Ordered Chaos every Wave is born from...

EuroMotif Mod Updated 

BTC is on the rise again and with some strength. The bounce looks Impulsive more than Corrective. Plotted are possible pathways back to 13k or higher. BUT we are due for a small pullback right about now. The retrace behavior will be telling of the strength. It is also possible to blow through the fist resistance. 11,143-147 is immediate resistance with a tight...

EuroMotif Mod

Gold looks to have completed a strong wave. The 5.618 Fib (green) is a common wave ender. Plotted are some support zones worth watching. Bigger picture $1522 is possible, see this Idea (click) . But a near term retrace appears highly likely here. Also the US Fed walked back some rate cut comments. OOPS : Just noticed chart has cut off the top fib. The Green...

EuroMotif Mod Updated 

Stellar spiked again, retraced, and returning to Impulse. Last several spikes were faded away into lower lows. This Impulse Redux will determine Pump or Dump. "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 Golden...

EuroMotif Mod Updated 

ZEC has been one of the strongest Alts this run. Of course it crashed along with the entire market. But now it is at a pretty strong support zone. Given the momentum, it is likely to slip one zone yet. It is possible we get a good bounce here in the meantime. But overall $62.50 looks very interesting for long term buy. . See some of my other plots and trade...

EuroMotif Mod Updated 

Massive spike has brought us to an Impulse Redux. "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 Golden Pocket. Are the sellers still there? Enough to absorb the buying power? Reaction at Impulse is worth...

EuroMotif Mod Updated 

Quick plot to observe behavior near upcoming resistance. 10k may or may not be "all that" but the nearby fibs have been. We are approaching a confluence of strong fibs, watching closely. There is a reasonably strong support zone just below. The resistance above is unlikely to break on first attack. If it does break right away, then a STRONG Bull sign. 9921 is...

EuroMotif Mod Updated 

I have been spotlighting this fib series since 5.8k. It helped spot many of the turning points thus far. Now the serious retrace/crash is giving it real test. 9.9k was the last cluster that bounced it twice, 9.0k is the next cluster with a shot at bouncing. 8.4k the next one with strong fibs in confluence. Part of my ongoing Bitcoin analysis (click): 13k...

EuroMotif Mod Updated 

LINK has been outperforming most Alts by a wide margin. It even resisted the Bitcoin dump at first, but has given in. Now it is approaching some critical support zones to watch. NOTE: This chart is versus Tether (usdT). $2.12 "may" have been the bottom per small tf Fib. $2.00 round psychological figure should offer a bounce. $1.67 (kinda round at 1-2/3) could be...

EuroMotif Mod

BAT was an earlier flyer during the Alt Season. Since then it has been consolidating until today. Of course it crashed with the rest of the market. But it has just hit a pretty good support zone. Below is another perhaps stronger support zone. Losing secondary support would be very bad news. Chart Note: Drag UP on the PRICE scale to reduce overlapping numbers. ...

EuroMotif Mod Updated 

Quick plot to map local Support Resistance zones. I have been long from $1402 per my previous plot . Now trailing a stop and looking for $1422.80 target. 1413.72 - 1414.08 key support for local uptrend. 1410.42 - 1411.31 should be strong fall back zone. 1402.xx remains critical support for overall trend. Previous Gold Analysis (click): $1402 long call ...

EuroMotif Mod

Quick plot to map nearby Support and Resistance zones. EU looks to be in an ABC correction of the drop. Currently are resistance but likely to break out. Bulls will buy breakout, Bears to short resistance. Previous EUR.USD analysis (click): 1.12 bottomming 1.14 short call 1.18 long call 1.13 short call 1.11 long call 1.24 short call (at the very...