Palladium looks to be in a wave 3 zone currently. There is a lot of momentum in this chart currently so it could dip down fast and test close to top of wave 1 area which could be a good buy zone.
Silver could hit a nice demand zone soon.
Looking over my past count I see a different corrective structure now. This could be labeled a few different ways but overal looks like some type of ABC corrective structure. Previously I thought we could see more of another leg push higher before drop, but now looking at the market I see a big drop coming and you can already see the price action slouch over to...
I see a bigger wave one with a long wave 2 correction. According to EW theory there is a rule of alterntion where if you see a long wave then you could expect a faster wave 4 for instance. I think that is what we are seeing here. Everyone is talking about recession 2020. This is what it would look like with a blowoff top close to or at 4000. Then just imagine the...
Could be in the middle of an ABC correction. Also this one could just take off and not come back. Given the time it took for the 5 wave impulse to complete the probability favors short term boom them bust, then new cycle to start up.
Watch the slight impulse up to get hammered down then retrace to $50 zone.
Seeing a possible ABC corrective pattern on 4 hour chart. Would like to see a hammer candle then impulse move up.
Strat made a nice 3 wave bounce on the weekly scale. People think this is going to go on a tear without bitcoin bottoming out is funny to me. The wave pattern looks pretty clear to me. You might see a small 5 to 10% increase within the next few weeks but I expect to see another drop soon.
Watching sears for correction after this rebirth of an impulse (possibly). It it hits $20 I would gtfo.
chart shows the pattern, correction typically lasts 1.5x or greater the amount of time it took for the impulse to complete.
Waiting for pattern to breakout to the upside.
Litecoin appears to be making an ABC correction. Could see it move up a little bit more before testing major resistance, then see a dump down to $13 levels.
This is looking more like a corrective ABC move where we have the B wave getting very close to being finished. Once done we could expect an impulse up very fast and then a continuation to the downside.
Looking for sell off down to these levels.
Notice how NPXS tested the 20 sat range and got rejected. If this level doesn't break up with strong volume we could see decline to 7 sat range or lower) before the real bull run starts.
Looks like Eth is printing a nice fractal pattern. Expecting a small and weak bounce then a continuation of dump down lower.
Looks like tron is about to dump to the downside. If this continues we could see a crash to half a penny or lower before correction is over.