Orlikon

Orlikon Updated 

ETH is performing better then other crypto, including BTC, and it has formed a clear 5 waves move to the upside. I have slightly reviewed the count but the bullish bias remain intact if not yet more probable. It seems that we have completed the impulse of wave 1. If you are bullish a next good buy area would be after coming out the retracement area 1200-1400.

Orlikon

Palantir closed the day right at the key fib retracement level. If it holds the current level and shows some strength it could be a good buy opportunity. SL around 8.1 for a nice R:R

Orlikon

EDU had a fake breakout attempt to fill the big gap above 30. Shift from down trend to uptrend and motive wave show us that the price could go higher and fill the gap. Safe way to play this could be to wait for some reaction after a retracement around 20 - POC value – 1st TP half way – 2sd TP before gap is fully filled – SL just under 0.65% FIB from motive wave

Orlikon

Either this is the start of a new uptrend or it is just a pause in the down trend, Moderna has broken the bear channel which should imply a push higher at least in the 270 area. SL around 135 below 0.65 FIB from last wave.

Orlikon

Hi guys, I clearly see a 5 waves move from the last low. It's not the best start but this could be the beginning of a big trend change

Orlikon

Netflix has been crashing heavily and let some gaps open during the fall. If the golden zone holds at 175 it s possible that the stock will start to recover some loses. First target would be around 300.

Orlikon

It is possible that the down trend for Disney is over. The extension from proposed wave 4 reached the 1.618 level and formed a bull candle. Need to wait for another push higher and confirmation above 110 level with target around 165.

Orlikon

It is possible that DOT has formed a bottom at the 15 dollars, reaching the 100% extension of the W-X-Y pattern. There is also an attemp to break out the regression channel to the upside. For those who are looking for an holding positions this could be an interesting level, always keeping in mind that a potential downside in BTC would drag down the other alts.

Orlikon

Clean Energy sector shows a solid entry point. Fib retracement and fib extension seem to have formed a bottom at the 17 level. IMHO this is a good entry level, with SL below 17 and target above 40 offering an 8:1 ratio. The macro outlook also support the bullish case.

Orlikon

Hi guys, correction for LUNA could be nearly over. A possible down target is between 40$ and 46$. If that support breaks, it could extend lower to the 1.618 expansion around 20$.

Orlikon

Hi guys, I share my long term view for trustswap. We have completed the 2 wave at the higher degree at about 0.6 and we are now in the accumation phase to complete the second wave at the lower degrre to then extend higher. For me this is on hold position with target above 10 usd.

Orlikon

Hi everyone, there is a nice set up for a possible strong uptrend in Tudor Gold. Price has retraced to the 61% FIB level forming anmajor ascending triangle and it is support by a low volume area. If the algo holds there is a 1 to 13 risk/reward Close SL under the 65% and target above 5.

Orlikon

Hi guys, after pushing higher BTC has stoped at the 61% Fib level. Until the 48K level holds there is still the possibility of a further correction to the downside side targeting at least the 36K. If BTC keeps pushing higher from here the count has to be revisited and we will problably start a new distribution phase.

Orlikon

Hi everyone, i share one possible bearish scenario for LUNA. Believe that BTC will have further downside and that will bring down the other alts. If this happens a possible downside target for wave 4 is around 20. cheers

Orlikon

Hi guys, from the pattern it seems that BTC will have further downside. First target would be aiming at the middle line of the previous swing and the golden line and fib 65% in the 36K area. Nevwrtheless is possible that price will drop further around 30K. Enjoy the trading!

Orlikon

looking at the volume profile ETH formed a double distribution, we could probably expect another push higher.

Orlikon

Hi guys, here one possible scenario based on the wave count and fib retracement of how ETH long term outlook could be. The chart is in log scale

Orlikon

Hi guys, you have probably already seen very similar wave counts but this is ultimately the one that makes more sense to me even though it is also the most obvious. Looking at the price and time relationship between wave 1 to 2 at the primary level, I would expect price to have a further push up until at 46/48K area, before dropping down to complete wave 4...