jchoi24

jchoi24

Wedge or channel? If you ask me, I see a wedge coming more than a channel here. After hitting 17.5, it might go a bit higher than that possibly up to 18. But it'll less likely to go above 18.7. Seems like more downside coming after that brief bounce.

jchoi24

If we're in the middle of a Tripple ZZ, there's a possibility of a bounce up to 17.6 and 18.4. But after that, we'll see a LL: 14.4, 13.5, 12.2 All the above are possible.

jchoi24 Updated 

BTC is going through a corrective wave. This corrective wave started in Nov 2021. We've been in this corrective wave for over 8 months now. Even after 8 months, I'm still not sure this corrective wave WXY is done. Let's come up with all the possible scenarios for this situation.

jchoi24

According to support and resistance levels based on previous price actions, it seems like bitcoin is getting ready to enter a possible "free-fall" zone. As you can see, there are not much support and resistance levels between 14k to 19k. So if bitcoin break 19k support level, it is possible to free-fall all the way down to the next support level: 14k.

jchoi24

Still sticking with my original EW counting. Not sure if the corrective waves is done yet. It can possibly go down to 15 before it hits TP1 because silver and gold tends to dramatically decrease during recession. Still in the long run $SLV might have a lot of potential to go higher than ath.

jchoi24

Just sharing a micro prediction on $NFLX. My previous macro waves prediction is still valid. I believe that big ABC corrective counting coming soon. No financial advice.

jchoi24

Still sticking with this prediction, no finance advice. Made some minor changes, and 30000 support has been broken. There might not be enough support volume between 20000 and 30000 which can go down to 20000. The bullish divergence is there in the 1d time frame, but it might not be easy to break 30000 at the first attempt.

jchoi24

$BTC Elliott wave beginner. Expecting Wave 2 up to 38000 (0.382), then all the way down to 20000. No financial advice.

jchoi24

(Elliott Wave Beginner) 1. 5 impulse waves completed (2020) 2. Supporting 0.618 ($20) for over 1 year 3. Volume increased over the past 2 years 4. The massive support volume below $16 TP: $43 SL: $15

jchoi24

(Elliott Wave Beginner) 1. $NFLX price went back to 2017 2. 5 corrective waves seem to be over soon 3. ABC waves coming up 4. Bullish divergence 5. The massive volume below $130 TP: $350 SL: $120