Bitcoin is currently in a weekly Shark pattern, suggesting a potential pullback to complete the 5-0 pattern. We could see a move towards the T1 zone at $45,703 - $43,000. 5-0 Pattern: This pattern often follows the Shark pattern and indicates the completion of a corrective move after the initial reversal. The 5-0 pattern has a distinct structure, starting from...
Fetch AI (or ASI, depending on Binance's ticker update) has been in a consistent downtrend from its peak at $3.48. It appears in a bottoming range, forming a classic Gartley pattern. Key Levels to Watch: Immediate Test Levels: The price will likely test the $1.00 - $1.18 range soon. Accumulation Range: Any pullback to the accumulation zone between $0.70 - $0.94...
PAXG/BTC has gained 66% within the current trading range, the T1 target of 0.062732 BTC is still active.
The S&P 500 (SPX) is steady at the crucial support level 5113. If the index maintains this level, it could retest the 5200 zone and potentially aim for 5350 upon breaking out. However, a fall below 5113 could lead to a retest of 5050/4950. We have identified sizeable dark pool institutional buying levels indicated at 4950, so they either protect that zone if it's...
Linear with a Bullish Shark pattern. Holding above support can push it to Harmonic target T1/T2. Support 0.07830.
Interplay of Carney's "Failed Wave" and Elliott Wave Analysis Introduction: Is this another Gold trap? As we've observed, there have been several traps in this range, all triggered by harmonic patterns. Here we are facing another potential bearish setup. A breakout at $2,162 could signal a strong bullish trend, but there might be room for pause. Let's take...
Global foundries shows a harmonic shark pattern with a Close below 61.14 activating T1 target @ $54.75 Break the 0.382 fib zone at the sloping trendline activates T2 target @ $48.40 T1 target @ $54.75 T2 target @ $48.40
OIL needs a close above $82.70 to activate target at $93, slight possibility for a retest entry at $77.
Netflix, after finding support just above the .786 fib from the previous analysis in January 2021, it has had a nice bounce into .618 resistance, looks like an area to be cautious at, breakdown looking at $320/$280 as support. If it can close above $369.30 target would be $440/$454
SPX long term chart update from August 2022, found support right at the targeted zone at 3535 with a slight deviation below, gave a heavy bounce to the current levels with 4086 current resistance. Could be topping out here. If it can break out it can go to 4300, this week is critical reaction time.
Selecta looks like a Gartley is forming. Abive B acitvates a Test of the marked zones
Dero looks like a classic bump and run reversal pattern targeting .70c on break of trendline.
BTC is currently in the range of a Harmonic Gartley. Stops and targets on the chart.
Bitcoin has been magnetised to the mid point region of .786/.866 for a retest in each and every bear market, it is a classic charting rule that assets can make 80/90% retrace when an asset reaches the top. Will it be any different this time for Bitcoin. So far its still following the sell signal Shark we charted here back in October 2021 link attached.
Looks like a good range to start accumulating Teladoc, I would never buy anything based on Cathy Woods purchases more so i would usually avoid them although, Teladoc is down 90% from its all time high and has created this beautiful Harmonic Shark pattern which cannot be ignored Buys all in the Blue box if you can get for $12 would be the ultimate buy imo. Stop loss $9
Ark is trading cautiously towards a retracement of the parabolic Arc, this will give way for a retracement to the levels highlighted. Much of the bag of ArK's portfolio is made of the pharma and tech sectors which I believe will underperform versus the reopening stocks.
If btc can hold 37k we can revisit 41/44k, I dont give this trade a high possibility but the pattern is there, with a tight stop below 37k. This does not change the overall trend which is pointing towards more downside.
Gold needs to close above 1865 to get push into higher levels. Will update the chart as we progress.