Fantom: Come Back!We primarily expect a return into our orange Target Zone (between $0.3220 and $0.1866) before the orange wave v and thus the green wave comes to an end. After that, a sustained rise above the resistance at $0.54 should occur. However, as the price had already approached the range, the technical minimum requirement for the correction low has already have been met. Should we now see a rise above the resistance at $0.54 (33% likely), we will thus have to see the price in the orange-colored wave alt.i.
Waveanalyses
Avalanche: Recovery!AVAX recovered last week and rallied within our turquoise Target Zone (between $17.48 and $29.30). We now expect the price to be carried out of the Zone by the turquoise wave 3 and above the resistance at $41.78. However, we still have to keep our alternative scenario (40% likely) in mind. This option calls for a lower low of the turquoise wave alt.2 below the range.
Snowflake: One last climbSnowflake should rally once more before ending the turquoise wave b. After this corrective rise, we expect a fall to below the support at $107.41, which will complete the green wave (2). Meanwhile, we consider an earlier start to this final sell-off to be 33% likely.
Solana: Reconsideration?According to our primary expectation, Solana should now sell off even more strongly and head for our blue Target Zone ($109 – $51.20), where we expect the low of the same-colored wave (ii). Traders could open long positions within this range, placing stops about 1% below the lower edge. With the low in place, a move back above the resistance at $210.03 is on the cards. However, with the price narrowly missing the Zone in the past, we must also consider the option that the low has already been established. This scenario (37% likely) will come into play on a break of resistance at $210.03.
Bitcoin: Tug-of-WarThe declines of the last few hours could be the prelude to the final sell-off of green wave 4, which would pull the price significantly lower into our Zone. Only when this move has ended should the price start a sustained upward trend and surpass the resistance at $73,808.
WTI: Knock, knock…WTI recently rejected the lower edge of the turquoise Target Zone between $79.67 and $85.86. We expect a further advance into this range before the high of turquoise wave B can be established. The price should then turn around and sell off with the last leg of the green wave (2) into our same-colored Target Zone between $49.85 and $27.93.
Nio: Close Call!We continue to see NIO in the blue wave (iii), which should lead to an increase above the resistance at $7.02. Subsequently, we expect a small correction before a further rise completes the magenta wave (1). Should the share fail to hold the $3.61 mark, which we consider to be 48% likely, we will see it in the beige-colored wave alt. II.
Fiserv: At the crossroadsWe primarily expect Fiserv to drop into magenta Target Zone between $134.54 and $120 as part of the same-colored wave (2). Investors could then open long positions there, with stops placed around 1% below the lower edge. Subsequently, we expect a rise above the resistance at $165.28. We consider an earlier break of this level to be 37% likely. In this case, however, it would only be the magenta-colored wave alt. (1).
Organigram: Home StraightOrganigram should retrace a little further within our magenta Target Zone between C$2.65 and C$1.91 before completing the magenta wave (2). With the low in place, a rise above the resistance at $3.95 is then on the agenda.
Atlassian: One Last DipWe still allow Atlassian a little room to the downside. Above the support at $114.11 it should end the magenta wave (B). Subsequently, a rise above the resistance at $283.25 is on the agenda, which will end the green wave (X).
Booking Holdings: Trend Reversal! The sharpness of the correction and the current structure lead us to consider the last high at $4147 as the end of the major wave (I) in blue. We now expect a countermovement in the green wave (II), which should end below the resistance at $4147. Following this corrective counter-move, we expect further declines. That being said, our alternative scenario (33%) calls for further record highs. In this case, we will still have to place the price in the blue wave alt. (I).
Chainlink: Let’s go!LINK dropped significantly in the last seven days and even briefly undercut our turquoise Target Zone (between $8.20 and $10.90). However, as it was able to turn around quickly and only undercut the range by less than 1%, our count remains intact. We now see the turquoise wave 2 as completed and expect an upward push above the resistance at $20.85 in the further course. Investors could open long positions within our Target Zone. Stops could be placed around 1% below the lower edge. Should the bears push the price significantly below the Zone (37% likely), we will have to anticipate a lower low of the turquoise wave alt.2
Uber: Turning PointUber has retreated deeper into our magenta Target Zone (coordinates: $68.19 - $52.89). Primarily, the same-colored wave (iv) correction should be in its final stretch. In order to convince us of a low, the price needs to develop a clear impulse to the upside. The entire range can be used to open long positions. As a hedge, a stop could be placed around 1% below our Zone. Following the correction, we primarily assume that the magenta-colored five-wave move should be completed above the resistance at $81.87 which should also mark the end of the turquoise-colored wave 3.
New trade setup before USA ISM DATA XAU/USD buy now 2370.00 and TP 1 2375.00 TP 2 2380.00 TP 3 2385.00 TP 4 2395.00 and stock loss around 2355.00 i dont have enough time to update this why the reason just do it.
Solana: SlumpedSOL retreated quite a bit last week. However, our primary scenario remains unaffected by this development. We continue to see the price in the final stage of the blue wave (i), in the context of which we expect a rise well above the resistance at $210.03. However, we must also keep an eye on our 25% likely alternative scenario, which will be activated by a slide below the $118.89 support level. This option sees the coin already in the blue wave alt.(ii) and would ensure a sell-off into our blue Target Zone (between $109 and $51.20).
Palantir: Resistance Palantir has fallen back below the previously broken resistance at $27.50. Despite the current difficulties with this level, the rally should continue soon with the green impulse wave being expanded further north.
#GBPUSD begining of a 3wave corrective moveAs can be seen, the price appears to be completing a 5th wave of 5, indicating the end of a bullish impulsive move that reached the upper channel line. Now, we could expect a bearish move in the form of an ABC correction or a reversal.
To open a position, we should wait for a bullish corrective move, which could be either wave B or 2, and then try to catch wave C or 3.
Let me know if you would like me to publish an analysis in a lower timeframe on this chart to take advantage of this rally.
Nvidia: SlumpedNvidia dropped below the support level of $115.01. This development is in line with our primary view that the price is currently working on the magenta wave (2). This wave should lead to further sell-offs. However, please note our alternative scenario (27%) which assumes a higher wave alt. (III) top.
Take-Two: Tug of warTake-Two has continued to move sideways above the $130.34 mark over the past two weeks. We primarily expect a resumption of the rise into our beige Target Zone (coordinates: $241.59 - $257.87) to end the beige wave (B) there. However, an alternative scenario (33% likely) will come into play if the stock falls below support at $130.34 which calls for a direct drop to end blue wave alt. (II).
Bitcoin: RecoveryBitcoin recovered and surged back above $67,000 this morning. From a technical perspective, it is quite possible that the price is already working on green wave alt.5. However, only a breakout above the last all-time high at $73,808 will confirm this alternative scenario (40% likely). Primarily, we continue to expect a renewed sell-off into our green Target Zone between $58,655 and $47,012 before the green wave 4 is completed and the rise toward new record highs is on the cards.
Ethereum: ReconsiderationWe expect Ethereum to drop into our Target Zone (between $2807 and $1813). There, we expect the low of green wave 2 to be placed, after which the next major impulse wave 3 should start, leading to a new high for the year. If the price climbs directly above the resistance at $4091 (40% likely), we will already see it in the green wave alt.3.
VeChain: ReturnedVET returned into our blue Target Zone (between $0.0179 and $0.0292) last week. As we consider the blue wave (ii) to have ended, we interpret this development merely as part of the internal substructure of the same-colored wave (iii). Accordingly, we expect further rises and an overcoming of the resistance at $0.055. Investors could therefore open long positions within our Target Zone, whereby stops could be placed about 1% below the lower edge.
Amazon: Almost there!Amazon should continue to decline with the magenta-colored wave (4) into our same-colored Target Zone between $176.91 and $161.83. As soon as it has established the corrective low there, a rise above the resistance at $201.31 is on the agenda. However, we will already see the price in the magenta-colored wave alt. (5) should the resistance be broken early.
