Bitcoin hit my target 100-120k of last video. right now I have the 108k it hit as the 5th wave of the move that developed off the $16k bottom and we are looking at a larger correction around the $70k for an A wave. Looking at the bullish case which is still a decent possibility is that we have hit the C wave or will soon (above 87.5k) and should start moving...
Its been awhile since my last video, but I couldn't help but post since its all time highs. Just looking at this wave taken from the low in August, I am targeting 100-120k Right now I think we are in a sub 3 wave and don't expect under 80k. It has been moving fast since November 4th and don't expect a long time holding in this sub wave 4 correction. Possible a...
URA in a 3rd wave and could possibly have topped here at the 28, but it also could be setting up higher for a 5th wave finish 32-36 area. When I first looked at it, I saw the possibility of a great buying opportunity in the $14-16 area if things break down. Right now I think we need to hold the $24-22.5 area to keep this bullish move upward. Otherwise the...
Tesla is getting close to what appears to be a big move in either direction and right now I am leaning to the downside with a final target of ~$70.00 for a C wave bottom. Safest bet would wait to see how this triangle that it is in plays out, but for higher risk/reward you could possibly start shorting now trying to catch a c wave top in this $256-270 area. What...
Bitcoin and SPY in a 3 waves down move. We will see if it can get a reversal here but expecting more to come to get us 5 waves into 21500-25k area for bitcoin. Not sure on my micro count. could be a sub wave 3 of 3 at this point. Refer to previous video for macro outlooks and haven't changed opinion. Not financial advice.
Macro levels discussed: bearish scenario 1: wave 3 bottom at 15k, 4th wave 30k (where we are now) and looking for 10-13k for 5th wave/ A. -> wave B corrective move up and the C move below 10k bearish scenario 2 and most likely imo at this time: 5th wave/A was the 15k B wave was the 30k (where we are now), and C wave down to 7-10k Bullish scenario in the 3rd...
Ethereum - slightly different count then bitcoin but still the same outlook Bullish - need reverse soon over 1300 and see it test back around 1800 to be setting up to a push to 3200 area bearish - get down 1250 and lower with an abc correction up setting up to move down ~500 for a 5th wave not financial advice
Bitcoin overall macro I'm leaning bearish at this point, but we are in 5 waves up and have a potential for a bullish run. Bullish - This is a crucial price area for a potential reversal 20-18.5k. Looking for 5 subwaves up and testing back to the ~24k area Bearish - Getting down to 17-18k with an abc up would point towards the 10-11k 5th wave bottom. not...
Haven't moved down as quickly as I was expecting with my assumption that we are in a 3rd wave. leaves the possibility of a larger degree move down in play slightly higher, but right now still expecting 10-13k not financial advice
1. bitcoin in 3rd wave right now and continuation lower to next targets (3rd wave - 13k, 5th wave ~10-11k) 2. bitcoin in a sub wave 1 and will get back into the 18.8k-20.5k area and then continue downward. (more bearish targets) 3. we get back above 21k and possibly setup for something higher not financial advice
couldn't get into my 5th wave area and decent move down. could be setting up for more chop but looks like another possible time we are setting up for the next move down. watching for 18.5k some alt coins showing more strength and a bullish count looks more likely, but I'm still basing crypto market off of bitcoin at this time and it doesn't have a bullish...
Three wave off a low at this point. will see if it can hold the ~19750 area to get 5 waves here and possibly set up for more. Otherwise under 18.5 looking for continuation down. Not financial advice
Not much different since last video. breakdown under 18.5k not financial advice
Structure building to break under the 18.5k level similar targets as last video but more ~10k area. bearish setup in the micro under 20k not financial advice
Not much different than last video except the overall target is a slightly deeper to ~10-12k If it gets below 18.5k again think it continues down from there. more bullish over 21.5k short term not financial advice
Not much price action recently. Hovering over 19.5k that looks like an important level and under it is the first signal of a continuation down. C move up to 21-22k area possible here as well. more bullish if gets above 23k not financial advice
Another possible setup for the continuation down. Expecting to test ~20k area and have some kind of bounce up. Will set targets downwards if it develops further in that direction. Past two months have been oscillated in this area so we will see if we get a final conclusion to this soon. not financial advice
Not much has changed but the structure and price are at an important level at this point. looking bullish if we can get over the upper trendline and more likely setting up for larger move down if we get ~19.5 area not financial advice