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.
Based on long term, consistent Elliott Wave fractal analysis, I believe there is tremendous chance for Bitcoin to reach $350,000 in the next few years. Investors must pay attention to the massive RSI divergence however. In the most elementary of lessons regarding price action and technical analysis, we should also know that an uptrend + an ascending wedge is a...
A follow-up to my pervious invalidated long term idea of BItcoin reaching $3,000,000 within the next decade.. (to state it explicitly, this idea has largely been invalidated by further review of Bitcoin's macro price action). This idea will be largely contrary to my previous. Based on a number of subtle signals discovered through Bitcoin's price action review, I...
Calibrating today's anticipated price action using the science of Elliott Wave Theory.
It would be awesome if TradingView offered a candlestick chart for CPI but considering its only updated once per month, maybe the line graph/chart is the best option (not sure how that works). As for the data available to me, I've done a best effort markup using the science of Elliott Wave Theory. Considering the fluctuations seen on the M(onthly) chart, I believe...
With Litecoin forming what seems to be a bullish double zig zag to lead its all-time macro wave structure, there are one of two options for the follow up: The most bullish outcome being a long-term diagonal wave setup, which would require a test and discover of support from the $10.50 range. The most bearish outcome would see Litecoin doing its best Luna-bomber...
With a bullish zig zag to start its macro wave structure, expect Luna to find support near $10.50 in a best case scenario.
Taking a closer look at my macro analysis for Litecoin and I've spotted at least one big invalidation which negates my previous idea in totality. Litecoin should be due for a 8-10X move during the next bull run and a bigger macro target of $9K before 2030 arrives. Enjoy the pump.
Yet tracking the macro route for XAUUSD and it appears that Gold is preparing for yet another rocket today on its way up to $1960 (or more). Big bears are waiting there. Join me on the stream as I track live price action using the science of Elliott Wave.
SPX/SPY looks to be in C Wave within a Wave 4 correction which is likely to send numbers back up towards 3950/395. The resistance there should be fresh and formidable. I expect that failure will send numbers back down to the lows of 3700/370 where temp support is likely to continue the ping pong action. A pass beyond the range of 3950 is highly unlikely at this point.
Seemingly in a flat correction, EURUSD should find upside termination near 108 and support near the level of 104 in the days ahead.
A follow-up to my pervious invalidated long term idea of BItcoin reaching $3,000,000 within the next decade.. (to state it explicitly, this idea has largely been invalidated by further review of Bitcoin's macro price action). This idea will be largely contrary to my previous. Based on a number of subtle signals discovered through Bitcoin's price action review, I...
During this livestream I'll be reviewing two tickers of high interest for me this week, Litecoin (cryptocurrency) and Gold as I expect both to begin potentially profitable descents. Join me on the waves.
Based on the macro wavemap for UKOIL, its fairly safe to assume that the value of this commodity will increase by 396% over the next 4 to 5 years. Seemingly in a Flat corrective wave, the new all-time high near $324 should send price to retest the $60 range (at the highest).
What are the possibilities for the future of Bitcoin? There's mixed perspective with the retail and institutional world of investors but to base things solely on my opinion of its all-time wavemapping, I think Bitcoin could see upwards of $3M-$4M per coin by the early 2030s. I too anticipate a number of heavy, undeniably deep corrections to come during that...
The drop on AMC has reached the expected levels however, it surely took a detour from the expected itinerary which left me questioning the play all together. Reassessing the structure of the drop and now finding a bit of clarity, I feel confident to say that my previous prediction was on point for the most part and I now expect AMC to reach for new all-time highs...