d_illustrader

d_illustrader

Bitcoin ranging possibly forming wave 4. A dip to 50% retracement of uptrend from 10k to 40k would be ideal for a sharp correction: ABC, WXY, WXYXZ. In this case, due to it's sideways but downtrend nature, I'm assuming a WXYXZ pattern.

d_illustrader

Possible corrective count if the 2 major volume nodes will act as support and resistance and it's now forming subwave C of expanded flat wave B

d_illustrader

BTCUSD maybe forming an ending diagonal here after a contracting triangle formed

d_illustrader

Estimated date for the Halving is May 11, 2020, coincidentally, it falls on the 1.618 fib time of the previous $3k o $14k run. Hopefully it would form a bullish divergence on daily and weekly timeframes

d_illustrader

Looking for a swing long opportunity around 6800

d_illustrader

I believe it will continue to drop until $8k and make a pivot breaking out towards $24k

d_illustrader

XAUUSD price is now leaving the wave 3 channel

d_illustrader

Time to fill the CME gap?

d_illustrader

could land at $673

d_illustrader

It looks like it's currently forming the 5th wave of a leading diagonal wave A of 2

d_illustrader

Retracing to form Wave 2

d_illustrader

I believe this whole corrective structure is the 2nd wave in an impulse going 40k or beyond

d_illustrader

I'm assuming that this big wave 2 is a WXY double correction

d_illustrader

5th elliot wave is likely to end at the peak price of May 8, 2018 which is around $10k