A hint of an upcoming bearish Elliot Wave leading to $25,000
Finally we are seeing a reversal to bullish with MACD, Stoch and RSI heading upwards, if this candle closes green.
However, I am charting a potential bear Elliot Wave with the rules in place.
PS: In favor of the stock 2 flow model in the long run, so we could also be seeing a sharp bull to breach $100,000 afterwards
All critics welcome.
However, I am charting a potential bear Elliot Wave with the rules in place.
PS: In favor of the stock 2 flow model in the long run, so we could also be seeing a sharp bull to breach $100,000 afterwards
All critics welcome.
Comment:
Looks like the market is still in line with our prediction.
Comment:
Yesterday failed to turn into a morning star, this gives us very strong bearish indication. Looking for 45k where orange trend line meets the Elliot Wave 3.
Comment:
From the way it is, we're in the end of a head and shoulder. Watch out for these few days. We're breaking support levels after this.
Comment:
We are retesting the support area again. The daily candled opened with bullish body, but it has dropped into a long wick.
