In Elliott Wave Theory, we're navigating the vast ocean of market cycles, and currently, we find ourselves in uncharted waters: the fifth of the fifth of the Grand Super Cycle or Grand Millennium Wave. This level of analysis delves into macroeconomic cycles of epic proportions, spanning centuries, and it's raising questions, even some of a doomsday nature.
1. The...
After looking over and fine-tuning my analysis for SPX over the past few months, I think I've calibrated things as good as they will get for now (barring any new, major developments which would force me to re-adjust my wave count). SPX has been on a tear from 1877 to 2022 for a very large Grand Supercycle (a 5 wave move lasting more than 100 years).
Though...
LITECOIN just began a STRONG IMPULSIVE WAVE 3 of sub-millennium degree from 75.37 which is going to be subdivided into WAVES I, II, III, IV, V of grand-super-cycle degree. Currently LITECOIN is on a WAVE (III) of I, with a projected TARGET AREA 99.34-99.71 for WAVE I of 3. Please check your chart and let me know if you agree.
BITCOIN is currently going down in a MILLENNIUM WAVE (X), and subdivided into waves ((a)),((b)),((c)). This MILLENNIUM wave is the 2nd largest wave cycle in the history of BITCOIN. Now, after hitting my previously projected TARGET AREA of 27558-27330 which ended WAVE ((a)) of (X), I am now projecting that BITCOIN is GOING UP $3k temporarily in a WAVE ((b)) of...
BITCOIN is now UNDERWAY heading down to a very significant PIVOT POINT: the end of WAVE ((a)). WAVE ((a)) is a GRAND SUPERCYCLE Elliot Wave and is the 4th largest cycle in the history of BITCOIN. Please notice how BITCOIN just made a LOWER LOW with WAVE IV relative to WAVE (IV) of SUPERCYCLE DEGREE. I believe this means WAVE IV just ended and WAVE V of (V) of...
Shown is a forecast of Supercycle Wave 5 in the NASDAQ 100 Index. I also break down the structure of the Supercycle Wave 5 we're currently in and lay out a target zone for Grand Supercycle Wave 5, Submillennium Wave 5, Millennium Wave 1, and Millennium Wave 2 - which should prove to be the largest decline in the history of the...
This is a detailed breakdown of the Elliot wave structures for bitcoin on the Grand SuperCycle time frame.
We are currently just beginning wave 1 of the always most impulsive wave 3 of the Grand SuperCycle timeframe.
Truly impressive times you are all observing.
As the title suggests, we have now begun wave 1 of wave 3 of the Grand Super Cycle time frame since the inception of Bitcoin.
The drop from 20k to 3 k was a 3 wave WXY complex zig -zag correction.
We have now seen wave 1 and wave 2 of wave 3 of the grand super cycle time frame complete.
Wave 1 was the impulsive 5 wave move from 3k to 14k.
The 5 wave nature...
As title suggests,
CGC is exiting its long term descending channel after completing a elliotwave FLAT abc correction.
Bottom @ 1.272 Fib trend extension.
