Seemingly due for a revisit towards the $426 range later in 2024, however TRB should look for a deeper drop below $15 afterwards. A very interesting macro chart.
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Once Bitcoin loses support near $43.2K, it'll likely be forced into a Head and Shoulders formation as it sets up to dive below $30K in the weeks ahead. Prior to this, bulls will enjoy a run towards $47K, which will usher in the new year on a high note. The euphoria may turn out to be short-lived however.
Bitcoin looks very well primed to slap $44.7k-$45.7 over the next day or so, but as I've been telling fellow surfers in the Elliott Wave Science community, a trip below $30K is still sitting in queue. One of the red lines should provide enough resistance to smack price action back down that way. The phrase 'below $30K' does not equate to FWB:12K -$15K! I see...
Years from now we'll look back and laugh just a little bit harder at the "Solana to $0" crew. if you thought the last run was wild, wait until you see the next one.
I'll spare everyone the 1,000 word essay but within my chart, you can clearly see why I am massively bullish on this cryptography project. I've been waiting for over a year for the current dip to manifest and I've tried to warn people the whole time, but sometimes emotions (and FOMO) get the best of us. If you're looking for the next great crypto offering, look no...
I've been following Dejitaru Tsuka for about a year now and I haven't bought in yet because I've been expecting a drop into $0.00 for just as long as I've been aware of the coin's existence. In long term, I've been bullish on this project since day one and I believe it has the potential to truly become the next crypto gem. I've come to this conclusion solely based...
Unfortunately my last UKOIL prediction didn’t fair too well but using the science of Elliott Wave I think I’ve been able to identify previous mistakes and also a way forward. I expect the $90-$91 range to send UKOIL back to $25 over the next 3 years or so. Based on what news? Who knows. We’ll see when it comes but the chart is always the first indicator :)
Based on analysis of UKOIL's all-time chart from year 18xx, I believe it to be in a massive Flat correction. With Wave A of the Flat stretching down from $145 to $16, this gives implication that Wave B is likely to move up to the range of $331-$557, likely before the year 2030 arrives. RSI divergence on the monthly chart should also be present during the...
Based on the larger fractal patterns and recent price action, I believe that 106 will send DXY down into the low 90s before any chance of support is discovered.
My previous read of Gold's wavemap has been proven invalid through price action. Any chance of a drop to the levels of 17xx have been very likely denied considering today's price action. With the removal of certain possibilities, only a couple similar options remain on the table. With anticipated support to come near the levels of $1830-$1870, I expect Bulls to...
My expectations for Gold are coming along just as expected for the most part, barring a few micro level invalidations. Last Fall, I expected Gold to dip below the level of $1680 before finding support on its run to a new all-time high. Even during this time, I predicted as can be seen at the top of the following chart (if you drag it down) that the new...
Inflation ( CPI ) - A Battle Already Lost I've recently shared my outlook on CPI and where I think its headed in the months ahead but after further review, it seems that I've previously overlooked certain signals which should have altered my perspective in a way that it did not. Based on discovery of those signals, I have now updated my anticipatory CPI chart...
Bitcoin looks to find more upside action as the Ending Diagonal pattern begins to take form. A completon of this pattern solidifies the anticipated, sharp return towards $18K. $12K and below have been off the table for weeks now. Support near $18K would confirm this theory.
Based on larger term analysis in the waves made present over the past few weeks, I believe that Solana is due for a sizeable run back to $25, before support is ultimately tested near $20.
While Gold has bounced from the lows of the Fall, the upside move hasn't come in an Impulsive Wave which signals alternative options from my perspective. Based on the rules and guidelines of the science, its probable that XAUUSD slips and retests the support level below $1700 in the weeks ahead.
Predicting pending price action for XAUUSD using the science of Elliott Wave Theory.
My analysis for the Natural Gas chart on an all-time scale leads me to believe that we will never see NGAS at such low prices, ever again in our lifetime. The comfort provided by this natural resource is in a paradigm shifting phase and soon to become a luxury.