Universal1000

Universal1000

Pattern of 19-21 January repeating itself

Universal1000

BTC: $1300 target if Weekly 200ma fails $3000 may fail too, if 200ma breached. Failure of Hyperwave 2 support, suggests a trip back to the base price of the Hyperwave. $1300 looks the upper target.

Universal1000

Correction near completion? Prices approaching Wave IV of previous wave structure. A weekly spike below the Weekly 200ma, might be enough to complete the correction. Looking for positive divergence to signal the bottom.

Universal1000

Hyperwave Wave 1 Broken = Re-test of low Prices broken lower trend line, now retesting trend line & 200d ma. Target $8 zone

Universal1000

ETH looks set to complete a Triple Combo to complete Wave 2, once the Dec low is taken out. Obvious target is the previous support zone and the Fib @ c.$48. ETH set to get reduced by half from here, with the Alts to be hammered even more. Great buy in zone to prepare for Wave 3 Up!

Universal1000

Double Three or WXY is one of the most important patterns in New Elliott Wave theory and probably the most common corrective pattern in the market nowadays, also known as 7 swing structure. Wave subdivision is 3,3,3 which means all of these 3 waves are corrective sequences. The consideration is that Wave Y looks to require some more length to the south, but it...