BelaK

BelaK

Based on a bullish scenario, but not being overly optimistic, I am expecting a 1:1 from ETH to take us to 30k. That's 15x from here. What will be the catalyst - I don't know.

BelaK

Will ETC follow the channel? Is it an ABCDE triangle? Hoping for this to obey and take us to $800. yes I would sell on an 80x, us alt hodlers deserve it after three years of waiting!

BelaK

50x in 5 months and over three years this crumbling - but it'll be over hopefully soon :) Expecting more weakness into the end of the year but then hoping for the next 50x up... bag holders (like me) deserve it eventually ;)

BelaK

This index could not demonstrate any strength while the major ones almost fully recovered. I'll admit I got stuck in quite a few small cap positions and they don't seem to face a great coming half a year. After that I am expecting a huge rally.

BelaK Updated 

Need to see if the recent high can be exceeded to invalidate a close to 1:1 proportion move up from the lows. I am wary of a bad half a year coming.

BelaK

I have been swinging between a mid term bearish and bullish scenario for the market as a whole and that makes trading for me very hard on the longer timeframes. This chart is showing a bull case for BTC where the low is assumed to be in. From a Wave analysis point of view, I can nicely fit a leading diagonal pattern, however I do not like leading diagonals, as...

BelaK

I think the rallies of 2023 was a B wave correction before a new low coming - end of May as it seems to me and will last for another year. Around June 2024 will be the low and the start of some epic moves to the upside. I have been trying to convince myself that the low is in but the more charts I look the less I believe so.

BelaK

I can't ignore how flat the price action has been for a year. The range move appears to be a bear flag (or a B wave) which would be a continuation pattern to the downside. Target price from this is around 1 USD. I am hodling with a great extent of apathy.

BelaK

The abandoned child is standing strong and I like the pattern a lot.

BelaK

Can't help to see a five waves up in Tesla. Top of the five waves would stop at overhead resistance, then a 61.8% retracement bigger degree W2 would create the handle of a cup-and-handle pattern (for the sake of traditional TA)...

BelaK

Bullish scenario on the SPX. Most Elliott Wave analysts tend to forget about the five wave corrective structure WXYXZ but I think we may have that one at hand right now with a potential low in place.

BelaK

Always reassuring when a chart follows the path you set out for it ;) Let's get past the weekend and goooo. (Please?)

BelaK

In tandem with crypto, RUT may be over its mega sideways move shortly. Estimating another week, same as BTC . These guys...

BelaK

Same as BTC, one more flash crash then lambo ;) Both traditional TA and EW points to the same conclusion. RSI oversold on the local low, needs to be taken out. Hoping to see C leg truncated which will (would) be a bull sign.

BelaK

Both traditional TA and Elliott Wave outlines the same outcome to me - one more flash crash before moon ;)

BelaK

Suspecting a B leg up in tandem with the stock market last burst, then another big move down (same as the recent 75% drop).

BelaK

Small caps have had a rough time in the last few months. See if RUT is showing us a bright near future?