from $2.8 to $250we have a Gartley harmonic pattern of the 2nd wave of Elliott with three targets:
tp1=$4.6
tp2=$3.6
tp3=$2.8 *more likely because the 2nd wave could form butterfly pattern with ABC and the 1st wave with $250 target*
Wsbreddit
Fubo could have a positive reaction to 55 day moving averageI've been hoping that Fubo remains above the 99 days moving average and doesn't get bearish cause I saw Fubo for the first look a bat but today I see a crab!
crab harmonic pattern:
CD=1.6 XA=$6.7
or
CD=2.6 BC=$5
or
CD=3.6 BC=$2
I see the left-wing of the butterfly!37$ could be the end of the 4th wave of Elliott.
butterfly harmonic pattern:
AB=0.78 XA=$37
BC=0.88 XA=$90
CD=1.6 BC=$20
Dogecoin isn't a joke it's money if people believelocated in an uptrend timezone and could volatile three weeks between 0.022 and 0.041 or 0.048. if 0.022 lost 0.0147 is strong support.
option season is coming with the volatility!VIX maybe have a positive reaction to the static support or floor of descending channel.
The second wave is over, the third wave is startingABC shark pattern
AB=0.38 5-A
BC=1.6 AB
C-3=1.6 BC
Blackberry is a shark!four targets possibility with shark harmonic pattern:
AB=0.38 XA
BC=1.6 AB
CD=0.88 XA=$52
or
CD=1.6 BC=$59
or
CD=1.13 XA=$96
or
CD=2.24 BC=$193
Positive wave starting on high timeframes On Gamestop it's time to rise the price.
The Higher timeframes M, W , D highlight a positive wave and as soon lower timeframes adjusted the wave the price start to rise.
Maybe 300 usd next target but must be followed time after time
another validation of butterfly pattern with shark patternthe target of shark pattern is %78 of XA on butterfly pattern.
Potential of butterfly harmonic patternAB=0.78 XA=$0.41
BC=0.38 AB=$0.87
CD=1.27 XA=$0.12
DE=0.61 CD=$0.41
butterfly targets in Elliott insightthe targets of ABC correction have been calculated base on the butterfly harmonic pattern.
A=$0.41
B=$0.87
C=$0.12
Nokia loves 2.24 level of FIBONokia does not have other ratios of the butterfly pattern but 2.24 is for this pattern only.
5-A=2.24 4-5
so target of the 5th wave could be:
C-5=2.24 B-C=$50 *shark reversal scenario*
DISH BreakoutSolid wedge formed over last few months and was finally broken. Chart indicates potential breakout using top line as support.
AMC “I’m a peacock, you gotta let me fly”Could make a run to 30 above the breakdown candle high of 16.88.
Cup & Handle Pattern for GME - UpdatedThesis is same but updated diagram for better visibility. Linked my original post. Please excuse me for bad drawing or improper use of TradingView Charts as this is just my opinion not an advice.
Cup & Handle Pattern for GMEI see potential CUp & handle formation happening in GME. If it pass near-term pressure downward to 200-180 support & bounce back above 250 it will complete the pattern which is very bullish sign to all the way to 800$ price target. Linked my post on WSB too.
ENDGAME - GAMESTOP - $GME - PT: 2000I believe that with GME... We are witnessing a complete failure of the MM to control the SP... A true free market.
It appears that the squeeze has not been squoze...
Retail Impulse Wave 3 is coming.. You must hedge in the "real" market.
I have forecasted that SPY will correct in Mar-Apr. and institutional liquidation due to another impulse wave in the BANG stocks will cause this...
Vlad Tenev admitted that they were about to have a liquidity issue during Wave 1.
The sharks smell blood in the water and they will pounce again... even harder this time.
Do not underestimate this... traditional investors.
TECHNICAL VIEW:
- The beauty is that without algorithmic pressure... it is possible to have PERFECT Elliot Motive Waves... See my previous forecasts on the BANG Stocks.
- Wave 3 PT: 765
- Wave 5 PT: 2000
AMC Trading idea for 25th FEBThis is not a financial advice or something. I'm just sharing my ideas.
LEARN FROM HISTORY!First, see the percentage gain of Bull Cycle in every Halving period. It's divided by three: +9000%, +3000%, then 1000%? (see the price)
Second, see the loss percentage of Bear Cycle after Bull Cycle ended. It's always at -80% loss! (see the price)
BITSTAMP:BTCUSD
