Revised 2019-correction's final phase. Just keep it around.
Little bit revised. Fed's continue blur-dovish stance. Both Fed & ECB along with whales started spreading the inflation fears, so they're getting ready to buy gold and start the paused rally as Covid19 vaccinations have reached recommended levels in the EU and going fast enough in the US as well. they'll want to protect their filthy gains (from the multiplication...
Fed's continue blur-dovish stance. Both Fed & ECB along with whales started spreading the inflation fears, so they're getting ready to buy gold and start the paused rally as Covid19 vaccinations have reached recommended levels in the EU and going fast enough in the US as well. they'll want to protect their filthy gains (from the multiplication of 1:1000 and free...
- Period of pandemics and uncertainties - Period of high inflation attacks when U.S. economy started falling (all that money kicks-into daily US economy and affect/inflate household spending) --- Same period where money will start flowing EMs & China (Age of EMs starting here because of trillions of Junk-Dollars need to earn something out of the U.S. markets...
Based on Elliott Wave & Wyckoff Accumulation Theory standards. Just in case. Put aside.
It's the end of a Motive and currently hinting about the current range setup towards the "C" leg. 3 lines are indicating accumulation field approximately.
If the price rejected under 1727-33$ it could try completing that reverse H&S and could close the sub-1900 gap. In this scenario, we don't expect LL anymore until 2k+ If the price won't stop at the 1727-33$ range then it will activate the possibility of another LL deep in mid-term (1563-1611$ range).
Bitcoin's current Bull Leg seemingly reached the Market Top according to the Fibonacci Sequence along with Nasdaq 100. It will move further above, but after grand correction. Just take it as "a gentle precaution warning" It should correct to *1.272* Fibo line.
Recently chart patterns indicating that this was not the 'final floor' for expected huge bull move. We seemingly have one more floor down...
Yep, looking extreme, but .. If you're experienced about fractals & Elliott Wave Theory concept, you know it looks appealing, eh? (Please ignore the TIME axis, I wanted to point out to price levels & potential wave cycles)
Just keep in your pocket, if it decides to flourish from 0.618, how would it be looking. (B-scenario)
It's just my personal opinion from roughly the Elliott Wave Theory perspective. It doesn't reflect anything yet, but if it will happen, this might be the logical way of how it'll advance. (( ** The only serious near-term analysis in it is until "2325$ @ 25 June" the rest is just an EW-based creative idea set. ** ))
Reversing the 2075$ corrective fractals and re-placed them over themselves. Mechanically fits, and it might be right in the cannon & ready for the fire. Just keep in mind.
A trend maturity analysis based on 1970 & 2020 main trend lines (with correct Pitchfork placements)
Bulls gathering at 167x-1705 range. Full correction sequence is matching with 2019-11-11 and we look like experiencing the last phase. Confirm if price is insisting over 1708-10$ and do not miss the herd. It is highly likely doing the larger version of 2019 correction sequence, not 2015 exactly as I was (still partially) thinking before. (looks pretty similar,...
Just a little comparison of M1 Money Stock & Gold pricing. This is where Gold will eventually equalize itself because all that money they're partying at NDX, BTC, etc. eventually must be backed up with Gold. Do not be deceived when they call gold is crap and leave your physicals. Don't forget, gold is always accumulated.
I've remodelled year-2013 mini-Motive and it's correction to current situation of Gold . In my opinion it is reiterating the larger version of itself how it has started after 2011 falls completed. There it started the mini-fractal, then started the larger version. I've projected 2 long and 1 short positions based on the remodel.
In case if we've made the market top, possible next price actions.