


Maddox_Metrics
PremiumIntel INTC appears to be putting in a major bottom on the weekly time frame. Stock has been beaten down for some time! On the daily time frame, price appears to be ready to breakout of the range above the High Volume Node after multiple tests of the upper boundary resistance. Theres been a gap to fill for some time up to $28. The pivot targets are subdued due to...
NASDAQ:TSLA is a tough count, the entire macro chart looks like a complex correction (wave 4?) with many series of 3 wave structures. A triangle in wave B of the current wave appears complete, leading to a terminal thrust up with a target of the High Volume Node resistance at $410 followed by a poke above the swing high touching the R1 pivot at $548. RSI...
Its unclear weather CRYPTOCAP:SUI wave 4 is complete or still underway as a larger triangle of flat correction, in a ending diagonal wave 4 (defined by wave 4 falling to wave 1 at the 0.5 Fib). Price terminated 3 waves up at the High Volume Node resistance and is now finding support at the weekly pivot, 0.236 Fibonacci retracement. Further decline brings up...
NASDAQ:MSTR continues to range while weekly RSI heads into oversold without a significant pullback, a good sign for a bullish long term outlook. My downside target for this move remains the High Volume Node, weekly pivot and golden ratio Fibonacci retracement at $290. The R3 weekly pivot is a solid terminal target at $1039 but could overextend in an irrational...
NASDAQ:MARA continues to lag behind the small cap Miners. It is attempting to break through the weekly 200EMA once more after the rejection from the weekly pivot and High Volume Node (HVN) resistance I warned about. My long term outlook remains up in Elliot wave 3 towards the R% weekly pivot at $66. The golden pocket and HVN support of the local retracement has...
As I said in my last update it would be unusual to complete the Elliot wave motif wave without a poke above all time high first and we got that this week adding confluence to an expected retracement ahead in wave 2. Poke above all time high shows long term strength. Weekly RSI has bearish divergence from the wave 3 top in overbought territory. Initial target is...
CRYPTOCAP:BNB wave 5 looks complete at the weekly R1 pivot. RSI continues to print weekly bearish divergence from the wave 3 high. Wave IV was a difficult count but appears to be a triangle which is a final pattern before the terminal move. Wave 2 retracement target usually ends at the bottom of wave 4 so $90 in this case which also finds confluence with 0.382...
CRYPTOCAP:SOL Solana appears to have completed an Elliot wave diagonal pattern with a series of ABCs. Falling below the trend line and 200EMA would confirm this and bring up a first target of $140 at the High Volume Node and 0.5 Fibonacci retracement. Daily RSI has had bearish divergence for a while. The 'alt-coin golden pocket' 0.786 sits at the wave 2 bottom...
LSE:ONDO appears to be printing wave C of 2 with a target of the High Volume Node and Fibonacci retracement golden pocket. RSI has room to fall into oversold, price has lost the daily pivot and 200EMA. Wave (3) has an initial target of $1.48 Safe trading
IREN Continues its push into price discovery with strong candle spread despite the drop in Bitcoin and range in the S&P. Strong wave 3 herding behaviour! Price appears to be overextending in wave 5 of (iii) with a target of the R5 daily pivot. Bearish divergence persists on the overbought RSI. Safe trading
NASDAQ:GOOGL appears to be completing a motif wave 3 with a push into all time high on overbought bearish divergence in the RSI. This would align with 2.618 Fibonacci extension target, a high probability ending point for wave 3. Wave 4 would be expected to terminate at the nested wave (4) which aligns with triple support - Daily Pivot, High Volume Node and 0.236...
Wave C of 2 appears to be underway for $FET. With the 1:1 extension target from wave A lines up with the golden pocket retracement and S2 daily pivot so is definitely an area to watch. RSI has room to fall into oversold. Price failed 2 tests of the descending daily 200EMA, we expect price to break through on the 4th. Safe trading
NASDAQ:COIN Coinbase is still resetting towards the target of $275 quadruple support - High Volume Node, ascending 200EMA, 0.5 Fibonacci retracement & S2 pivot point. Daily RSI is setting up with bullish divergence at the moment near oversold. There is a gap that never filled at the golden pocket ~$217 so this would be the secondary target if we get a deeper...
BTC appears to have completed wave (1) at the daily R1 pivot with wave C of (2) underway. The initial target is the triple support - Ascending daily 200EMA, High Volume Nodeand 0.382 Fibonacci retracement $102k. BTC has had shallow retracements this cycle, often ending at the 0.382, demonstarting investor psychology - people just cant wait to buy the dip! Daily...
We have some more clarity with the local AAVE pattern and it does appear to be an Elliot wave ending diagonal. After a strong wave 3 ending diagonals form as a terminal pattern with a thrust above the trend line threshold and drop back down to complete a higher degree motif wave 1. The following retracement has a high probability of terminating at the wave 4...
CRYPTOCAP:SOL wave 3 of (5) appears to be underway but has to get through the major resistance High Volume Node at $216 and previous high first for an impulsive move. Weekly pivot point was tested successfully as support and RSI has plenty of room to continue upwards. Analysis is invalidated below $130. Safe trading
NASDAQ:RIOT found support at the areas mentioned last week, the weekly pivot and 200EMA. Wave (ii) ended at the golden pocket and High Volume node support. Retesting the descending channel resistance upper boundary again will be the 5th test and a very high probability breakout. This would bring up the first target resistance of the wave (I) swing high and High...
NASDAQ:HUT bounced strongly off the weekly pivot retest above the major resistance High Volume Node flipped support. Path is clear for the weekly R1 pivot target resistance at $33 and a poke above the previous swing high. Long term cyclical targets remain at the R3 weekly pivot at $61. Weekly RSI is in an uptrend but not yet overbought while weekly RSI is...