Target = $ 2700 Pattern = Cup and handle Chart is self explanatory.
Long term: Gold is completing the fifth wave of the 5th wave of a five-wave rally. Short term: Short ($ 2615- $ 2630) Target-1= $ 2575 Target-2= $ 2515 Stop = $ 2660 Gold- (1833-2024) Related idea:
Medium-Term Fundamental analysis: Middle East Crisis (Iran and Israel) They run away from every fight (battle, war .. :) , we know this means "Decreasing tensions in the Middle East" Technical analysis: Wave C = 123.6% of Wave A Bulls see it as a sell signal Conclusion: This market needs a correction
Between January and May (2022), 80394 bitcoins were purchased by the LFG (Do Kwon) There are two different sets of LFG Bitcoins (Bitcoin reserves (Terra's reserves)): First, from 80394 BTC, 42530 BTC was sent to LFG wallet (wallet = bc1q.... s50tv4q). Luna-LFG balance chart: (Max = 42530 BTC) from 42530 BTC, 15272 BTC was sent to this address...
Who is important (holders who drive the price up) & who is not? Technical Section: This may keep going? let's keep going!
As shown on this chart (28 Feb- 12 May), the market is in a sideways trend (clumsy indecision). Can't say that it annoys (to be honest) but, I can trust a thief to steal my car because he knows his job well, knows what he wants to do :) Indecision kills! What to do when you don't know what to do 1- Control Your emotions ;) 2- Nothing goes straight up...
How high can this go? (IMO, Target = $ 10k) Wave degree: Primary: Wave 5 (larger degree), Intermediate: Wave 3, minor: Wave 3 (Impulsive rally),
(A implies B, B implies C, C implies D, D implies E) It seems simple, yes, it seems simple, but it works! Anyway, let's see what it does. Appendix: Technical Section (Wave 3): This wave is much too big to be some kind of first wave! - Wave 3 = either 1.62 x length of wave 1 or 2.62 x length of wave 1 or 4.25 x length of wave 1
USTC is about to go vertical Target 1 = $ 0.038 Support = SMA 50
This is what I am basing mine on for the bear market (I am basing mine on what I believe to be true!) Technical Section: Expanded Flat in play Pattern = Double top Target 1 = $ 2300 Target 2 = $ 2280 Target 3 - $ 2200 Invalidation level = $ 2471
Chart pattern on monthly. I really like using higher time frames. Target-1 = $ 45 Target-2 = $ 95 Target-3 = $ 300 MACD (Daily Timeframe, Buy signal): Backdrop:
Hi everyone, In a lot of ways, (four days later!), BTC will not dip below $ 69K again. 1- Based on historical trends following the halving ... 2- Elliott Wave Theory! Proof of claim: As you know, wave ((1)) and wave ((4)) cannot overlap. For this reason, there is only one possibility for the long-term outlook. This can only mean one thing: BTC will not...
Hey guys and girls, Here is an updated chart from my (Feb 29, 2024) post. Technical Section: Wave 3 < 161.8% of wave 1 Wave 4 = 38.2% of wave 3 (Wave a = 38.2% of wave 3, It did) Wave 5 is probably too large Extended Wave 5 (Target 2 ) = 100% x length of (beginning of Wave 1 to top of Wave 3) (Extended Wave 5 = 161.8% x length of (beginning of Wave 1 to...
Trade what you see not what you think May 10, Comment: Gold- Plan B Pattern: Bear Flag Target (Short-term) = $ 2280
To the best of my understanding, I think BTC is completing the fifth wave of the third wave of a five-wave rally (Wave 3 is still not complete). MACD: Buy signal
In the gold market, the most commonly extended wave is wave 5. IMHO this chart most accurately gives a path. Chart pattern on weekly. I really like using higher time frames. DXY ( U.S. Dollar Index)
Hey guys and girls, Preamble: You must have a plan, (what are your targets? or where is your stop loss? or ... ) Why? because, without a plan, you tend to make decisions "emotionally" :) My vision: BTC is about to do the unthinkable. Technical Section: Pattern: Bull flag Candlestick Pattern: 8 to 10 new price lows Pattern description: bullish reversal...
We may have new ATH. Explanation on chart. backdrop: