Long term buy opportunity
Wait for the prices to enter the zone and buy for long term explosive gains.
This is my expectation for Ethereum. Wait for the price to reach the below support and look for buying opportunity. There is linked idea with it that should provide medium term target but for long term investment, shoot for surpassing the top.
The is the bigger picture analysis to the previous posting.
I expect Bitcoin to correct downward for an upcoming buy opportunity. Buying area should be in the 7000 area. The area shown on the chart should be just a bounce back area. I will update when the price reaches it.
This is my Elliott Wave projection for Ripple. My final expected target for the current wave is 111.
This chart I have doubt about returning back to the expected price.
For every parabolic rise there should be a correction. This one is part of the fintech craze that is sweeping the blockchain solutions. Interestinglythe is the expected formation bullish bat and Alt-bat harmonic pattern at the same buying area.
My analysis is based Elliott wave projection plus support and resistance as well as supply and demand.
The projection is based on Elliott wave projection and break of the descending trend line.
Buying opportunity exist at the support and resistance levels as indicated on the chart
The chart is based on today's hammer doji candle. I am projecting a head and shoulder pattern. A weekly close at 36 is very positive.
As per the previous idea the share have reversed from 15. Currently I expect it to go down to create the right shoulder of a head and shoulders pattern around a very strong support level. The volume is decreasing as the stock is moving down is a sign of lack of interest in selling. As per my expectation of Elliott wave analysis we are in wave 2 and wave 3 is next.
I have proposed 3 different scenarios for the price movement taking into consideration that the trend is broken which signals change of direction. I have added support and resistance levels as well. As we could see that with the decline the volume is decreasing signaling lack of interest in selling. Good luck and safe trading.
My long term buy outlook for the Stock
Due to the future moving to electrical cars, Warren Buffet investing in the company few years ago and China wanting to reduce pollution. The accompanying chart is my expectation for BYD.
This is my projection for the stock for the next 12 months
This is my projection for the above stock.