CRV Recognizable Elliott Wave PatternRight now crv is displaying a 3 wave move to the upside, which may not be done just yet. It just missed the Most Likely Target for a wave 3, but is displaying some wave 3 personalities, vol, base channel break, slope. So keeping an eye on the retrace for more clues on what exactly is being printed here. Depending on where, and how, the PA retraces will determine the next possible move. In the end it is a recognizable pattern which could be utilized as an anchor for a possible trade plan.
Pitchforks
Monthly DXY ForecastTVC:DXY
DXY Monthly has broken out of a descending wedge, set a double bottom, and is now approaching the recent peaks ('16 & '20), just under 104.
If the breakout occurs, I am expecting a run up to the '01 DXY peak around 120 level.
Forecast based on fib extensions, guided by the Andrews Fork.
S&P E-Mini - YES! I really meant 3400I wrote many times about this. And I even posted this Video here on TV:
Everybody expects a turn, a crash, or at least a bigger correction. Guess what...it's not ripe yet.
Now, we never know when the REAL turn will come. IF it comes, then it will be a major turn. Not only in the Markets, but in the whole world for many reasons. (Read Armstrong Economics!).
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LUNA in a PitchforkLUNA should be able to progress to the upper pitchfork level around $125
We will see what LUNA will do (S/R flip or reject?) when it arrives.
Good Luck
USDT.D Keep on droppingUSDT.D has peaked and formed a Head and Shoulders.
MA50 gave up support and the MACD is about to cross lower and will give up the median pitchfork line.
USDT and USDC are both in the top 5 for current crypto market caps.
There is a lot of stored value sitting ready for a confirmed move in crypto to return.
USDT.D should continue to decline to the lower level of the pitchfork.
Good Luck
SPX Target - if pivot takesSeems reasonable to say that we are bouncing right around the high end of the pitchfork for the SPX bear trend. Also the recent swing high tapped and two sequential pitchfans align at this level, will be interesting to see if we push through or try for a median on the main trend. Significant moves above 4500 would make me skeptical, and a move above 4640 would invalidate the fork. Netflix's continued meltdown is certainly not a bright omen.
DYODD - No advice here, going to be interesting
GMT 41 Day and 12 Hours journeyBINANCE:GMTUSDT
Hello everyone,
have a big view on this marvellous coin, still more to come, it will reach $10 soon.
Imagine in almost 42 days jumped from $0.1 cent to $3.8 12377% .
I made a very good profit with GMT I hope everyone did.
Trade wisely, and remember that this is not financial advice.
Do your research, and do not forget to like and subscribe if you find this analysis helpful. Thanks
One of the optimistic long-term forecasts for BitcoinUsing Bitcoin trading cycles, micro-cycles, uptrend channel, pitchforks and bars patterns I made an unbelievable forecast for the long-term outlook.
Just hold on and don't panic.
Of course, trading cycles cannot be absolutely the same ones from cycle to cycle, but this picture is emerging that there is something to think about.
Attention: not a financial advice. Please follow your risk management and your money management.