Economic Cycles
Solana - SOL Fractal NO ONE talks about📉Hi Traders, Investors and Speculators of Charts📈
SOLANA is on the list of my top 20 altcoins to watch in 2024.
From a macro chart perspective, I'd like to point out a large-scale fractal that I'm labelling as the "drop-and-pop".
What we observe here is 1)accumulation phase followed by 2)first impulse up after which we se a 3)correction and then finally the 4)second impulse wave .
From a technical indicator view we know that the price is bullish because we see a "Overbought" flash on the weekly, which usually indicates strong bullish momentum :
Note that this, again, confirms the need for a pullback/drop before considering the start of impulse wave 2 /pop.
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TSLA Harmonic Elliott Wave and Hurst's Cyclic AnalysisReview:
My last update on TSLA was a long time ago, published on January 6th. At that time, I had TSLA in a wave 2 ascending triangle that would consolidate until July before breaking higher. My overall expectation was definitely less bearish than the reality.
Update:
Analysis of the Structure:
TSLA wave 2 turned out to be a triple zigzag. Right now, we are in wave III of (c) of z of 2. 121.52 is a potential target for the bottom. I think the earnings report of tomorrow will cause a small gap up that makes wave IV to develop as a triangle, taking a little bit of time to break lower again, as wave V.
Analysis of the Cycles:
February 5th was the third 20W cycle trough in the current 18M cycle. Today can be the first 80D cycle trough in the current 20W cycle. This means we will have a small bounce (brief pause in the downward move) before starting the last (most bearish) phase. Early July is my expected date for the 18M cycle trough.
AAPL Harmonic Elliott Wave and Hurst Cyclic AnalysisReview:
Key points of the two previous updates (March 17th and March 22nd):
The price action of AAPL is going to be very ugly and slow-moving in the next 1-2 month.
Next major trough, 18M cycle trough in early July.
40D cycle trough: 9-10 April.
80D cycle trough: 14th May.
Completed wave x of X as a flat correction and now we are in wave y of X.
Today was the first 20D cycle trough of the first 40D cycle of the first 80D cycle of the current 20W cycle.
Update:
Analysis of the Structure:
We are in wave b of Y of (B). This small pullback should last for a week or so, before starting the last leg that will be very bearish (wave c of Y). 155.41 is a potential target for the bottom.
Analysis of the Cycles:
On April 10th, we got the first 40D cycle trough of the first 80D cycle of the last (fourth) 20W cycle of the current 18M cycle. There is no change to the expected dates of the next cycles that were provided in the previous updates.
Overall, I expect strong bearishness until early July, which would lead to a very strong bullish bounce out of the 18M cycle trough.
$TSLA #TESLA On an important wedge.NASDAQ:TSLA #TESLA
Is currently testing a significant 4 years old wedge for the 3rd time.
The stock has lost more than 60% in the last 10 months.
Inflation and Tesla's layoffs are the obvious drivers for the recent fall.
Below current level, is a free fall to a hard to anticipate zones.
Keep it simple.
#AHMEDMESBAH
Live Trading Session 260: Open trade on BRT and potential tradesIn this live trading session video,we look at our open positions on BRENT potential trades coming on Bitcoin,Etherum,S&P, etc and the thinking behind them. The concepts you learn from this video are cross transferrable principles onto any strategy.
DOGE: If break 0.1588tradingview
📊Analysis by AhmadArz:
🔍Entry: 0.1588
🛑Stop Loss: 0.1615
🎯Take Profit: 0.1565
-0.1529
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Potential Supercycle brewing w/ left moved cycle narrativePlease view my previous idea on the left moved/translated cycle, that would now pave the way for the Supercycle á lá Su Zhu.
Early and aggressive market top that would then send us as low as the prices we have seen during the ETF introduction to the market (potential bottom around 36-42k) / smashing right through the previous ATH as support and then go higher.
I expect the macro situation to worsen, but the damages that have been done during Covid, will heal over time (Inflation, destabilization of the market and tension on borders as well as supply + demand).
Nothing more to add here, just an idea of what I believe the market will do over the course of the next few years.
BTC VWAP Hand over, fail or not on 4th try?BTC VWAP Hand over, it failed on 4th try at the last cycle. Now 4th try is on the test this cycle now. Will it succeed this time or fail just like the last cycle?
I can not predict the result yet halving and Hong Kong spot ETF approval would help to continue uptrend this time.
[Weekly] $AMBA #Ambarella is attractive.NASDAQ:AMBA #Ambarella
is currently testing a significant level. The lower wedge of a 10 years old extended channel . This is the 6th time the band is being tested. Even though testing a wedge several times weakens it. However, below it is almost a technical free fall zone to the 11: 12$ mark.
Keep it simple.
#AHMEDMESBAH
BTC Mapped out|Predictive Model for the next few yearsAll cycles consist of 3 tops. The first rally stays the same except for diminished returns and a lengthened cycle by 2 years each time. The last two tops don't stay the same and has different variations based on Convergence/Divergence, either price is diverging over all indications, or price may agree while technical indicators are not like seen with the 2021 top.
As we enter this 3rd cycle I'm expecting a similar pattern to play out. Diminished returns, same rally for top number one, and to end the 3rd cycle off with another variation double top by the end of 2032.
BTC Gaussian Channel (halving)#Bitcoin Gaussian channel 🐍
Well, halving.
This was the first cycle when we reached 1.0 on the Fibonacci mark, instead of the usual 0.786. The adoption of ETFs, namely the purchase of 200,000 bitcoins by institutions, distorted the demand curve this time.
What's next with Bitcoin after #halving? I expect a little calm before the storm. Most likely, we will not see new highs being taken in the next month, but the cumulative effect has already started to work, and I think that in half a year we will begin to approach 100k.