Since 1999 the price has never been this low. In terms of EW the current 5th wave is happening, seeming like a panic wave. The corona situation downs the oil usage and generates panic. But where there is panic, there is an opportunity to buy. The levels the price is at, would be a good start, the ideal place would be around 10 since it is a psychological price,...
Currently in a pennant, we could see another wave down to 2100
With the current panic and the indexes tanking, bitcoin could be touching the ma200. This moment is a big opportunity.
Following the wave count, at least a small correction should happen around these levels. We have had 5 waves up and a small ascending wedge broken, possibly starting the correction. First level to watch would be the support of the pennant, around 25500. In case we break 26700, we are very likely to make a new all time high.
TTWO seems to have made 5 waves down (4th was the pennant). Now we have touched a support on the daily level, 86 dollars. The earnings were good, yet there came a drop and there hasn't been a retrace. Analysist are giving TTWO a strong buy, as there hasn't been a retrace yet and there hasn't been bad news. TP around 110 dollars.
Activision seems to have made 5 waves down. Now that the earnings have been announced, it looks like a run could start, with the top of the pennant as first resistance (around 52 dollars) and the first fib as second TP (around 57 dollars).
Apple has made a sharp drop (about 40% in 90 days). It has bounced on the MA 200 (weekly), a very important support. Now the bounce seems to be in progress. The 160 dollar could be broken and if this happens the continuation to 175 is very likely. We could see the 78.6% as a bullish as a bullish confirmation.
ETH has been and still is the most bullish coin this run. Right now we have an ascending triangle. A breakout would mean continuation to the 185 zone and makng the 215 (extention) possible. Ofcourse a break of the trendline would rather make this a double top. The opportunity now is the break of the purple line.