CryptoWaves

CryptoWaves

There is a bullish daily momentum squeeze forming on the Bitcoin chart. The histogram bar has turned green, indicating a breakout to the upside has begun.

CryptoWaves

Gold futures have retraced from the highs, but the retrace has built a bullish volatility squeeze on the 195 Minute chart. The momentum bar has turned green, which signals a buy.

CryptoWaves

The chart says it all. A bullish daily squeeze has formed in GME that is firing long for a buy signal as of today. Expect momentum to carry price to the upside.

CryptoWaves

MSTR is showing a nicely formed daily squeeze that is waiting to fire to the upside. The breakout has started with the recent rise in BTC price. I expect this to continue to the upside.

CryptoWaves

OKLO is showing a potential bullish squeeze waiting to fire on the 195 minute chart (two price bars per day). Look for the momentum histogram bars to start moving upward for an early indication of the bullish move up.

CryptoWaves

GME is showing a squeeze waiting to fire on the 15-minute chart, with propulsion dots showing as well to support a bullish breakout. Look for price to move upward and the squeeze momentum histogram bars to turn green for an early sign.

CryptoWaves

Propulsion dots (in pink) forming below the candles on SLV, with a 30 minute squeeze waiting to fire long. Look for the momentum histogram bars to turn up for an early indication on price movement upwards.

CryptoWaves

Silver smashing through multiple DARVAS levels on the weekly with momentum swinging upwards. If you need more reason to buy, I don't know what to tell you. Wave 3 up ladies and gents. Next stop $100.

CryptoWaves

Parabolic SAR dots are showing bullish on the one week and green, red, and blue bars (Grab bars) are showing green on the weekly, therefore I am looking for a buy signal on the lower timeframes like the one hour for a buying opportunity.

CryptoWaves

The Russel 2000 has broken through a long standing Darvas Box resistance level (yellow horizontal line) on the Weekly chart. This has formed a rectangle base in the Russel 2000 with a 23% gain price target , calculated with a 1 to 1 upward move from the top of the Darvas Box resistance level to new highs on the Russel 2000. This is not investment advice.

CryptoWaves

Tezos (XTZ) is in a potential Wave 3 up move off the low it made a while back. The wave 2 pullback was nicely contained and now momentum on the daily chart looks primed to pop upward.

CryptoWaves

My price target for Silver is a conservative 1.62 * P1 extension, at $106.

CryptoWaves

Bitcoin price has reached the 61.8% retrace of the wave P3 move. This level is a good candidate for the end of the Primary 4 (P4) wave pullback that is currently taking place. Will add more commentary about this idea tomorrow, hopefully.

CryptoWaves

After an impressive move higher today, Bitcoin has found the top of wave iii of (3) at 17171 on Bitfinex. There was quite a bit of divergence between GDAX, Bitstamp and Bitfinex today, so it's difficult to estimate where wave iv of (3) will retrace. Regardless, I have a target for wave iv of (3) between the 23% and 50% retrace of the wave iii move. These retrace...

CryptoWaves

Here is a rough outline of my current Elliott Wave count for Bitcoin on a smaller timeframe. Currently in Minute wave (3) of Minor 5. For the longer time frame count, please check the linked chart for my Daily timeframe count.

CryptoWaves

For full commentary and details of smaller timeframe counts, please refer to my blog post at the link below. cryptowaves.com

CryptoWaves

For full commentary, please see my recent blog post: cryptowaves.com

CryptoWaves

For full text on the count, please see the post on my blog. cryptowaves.com