


Updating the BTC coverage. Was hoping to push thru directly to $132k, that did not happen. It looks more likely BTC will drop back to $84,500 before a resumption of trend can continue. There is a chance she can hold at $95,600 but currently not the best odds for that. A full dip looks to be coming. Take profits on BTC now.
BTC HAS BROKEN 2 TREND CHANNELS, RED , YELLOW. AND BADLY DAMAGED THE PRIMARY, BLUE. Its taking out support after support on 1st touch. If BTC penetrates again thru blue, BTC will begin a larger correction. BTC must stop falling at $105,600 - $105,000. The downside target is not yet defined.
The TSLA bounce has been a good one, and has come into the expected targets. Near $328. The $358 upper target may still get hit, but we have run out of time as we have passed "Ascension Day " with a high at near $350, 5.625 units of time after Easter Sunday. A descent of the Holy Spirit for Pentecost back toward Jesus's feet, projects price levels near $250. ...
Adding more detail to the current forecast. I originally had this a short opportunity at or near $104,500 or so. But I have modified that to safer played as a sell - $105,000 - $106,400 and then stand to the side, and buy back lower , near $96,400 - $95,900 for what then becomes an ATH. This could be risky for home gamers, so handle your own dreams accordingly....
BTC has arrived as forecasted into its next resistance zone. That should be abundantly clear from 150 colored lines I have on my super straight forward chart. ( sike ) I could go into great detail as to why I lean toward this is another local high, but why? I never do that. Just check out the results. We'll see how it goes. Comments and DM's always welcome ...
Well, in a somewhat interesting turn of events, I can see my Stop loss at $105,300 is going to get hit, and BTC will push higher. Its pre-emptive, as we have yet to touch $105,300. But the micro wave structure looks clear to me. So in a somewhat sensational way , the new target is an all time high plus about $22,000 more. Happy Trading. Lets hope this does...
Step on up, buy your July Tesla $330 calls! Right here folks, step on up! Tesla about to surge, what will the NPC News say is the reason? Tariff Deal? GO Murrey GO Elliott GO Gann GO Kumar
This is an update to the BTC surge forecast. Not much to say, about $5000 more to go. Atleast. Stay tuned.
Bitcoin is about to Surge big time with a quick move to near $98,500. The set up seems clear and is unfolding nicely. Its likely to run into major resistance at $98,500 - $102,000. So it will get choppy up there and stall out for a while. Stay tuned to what comes next?????
Ive been looking for a bottom at FWB:73K -72k for some time. We saw $74,400 and I'm not sure that was THE low. And now we have begun what looks like a false break out. The price is good, but the wave structure is all wrong. In this would be strong counter wave rally we could see prices to around $98,400. Its time to close the shorts, and open the longs but...
Welp, this is the 1st structural signs of life I have seen in BTC in a long time. There is almost zero chance she can go make a new low any time soon. At worst she goes sideways. At best she works through this blue down channel, and takes a solid rally. Either way. Shorts should be closing. And long positions should be opened. Breaks over $85K become Uber...
Nasdaq looks to be in the ABC pull back just before another nasty 1,2,3,4,5 down. It always surprises me how many investors buy back in here. Its weird. Suckers rally. But they cant help themselves, the bargains are just too good.
I have been tracking the bearish decline for Bitcoin for about 7 months. We look to be entering into the fireworks moment where it really dumps. The buying opportunity awaits. Unfortunately tho, its only for those who were wise enough to sell the top. My most conservative target has remained $73,500. However, $68,500 - $61,500 now look well within reach. So...
I have been waiting for the low in Tesla . TSLA. Today is good enough at $240. Had to keep lowering the entry . Todays Legacy Media bad news bears were my trigger. You can always count of Corruption to help refine your technical signals. Murrey Math, Elliotwave, Kumar wave being used. Sell $340 for now. May $340 calls are a good way to play. Entertainment...
This is a pretty tough call to make right here. And I may get humbled. But the charts say to me - Kumar, there was a short term low today. And the next point of exhaustion is $341. Lets see what happens. This chart is likely a mess to most, but harmonious art work to me. Elliot, Murrey and Kumar being used for the analysis. Comments always welcome. Happy Trading.
UPDATE : Tesla is unfortunately not starting on the right foot. The price action since the low is NOT impulsive to use an Elliot Wave term. So this is very unlikely to be the low. I will be selling my $265 calls near $255 price levels. And then patiently wait to see if we drift down for the true wave 5 down to $187. Additionally, the Murrey Frame 1/8ths line...
Small update on continuing idea. TSLA seems to have held in there and the rally that had started, and I thought was going to fail, has grown some legs. Getting back in $246 - $243 is ideal for at least a leg to $275 - $295, and maybe $310. Will update.
This trade continues. And started months ago. BTC is in a deep bear market. And has more room to run. $68,600 is now really looking like the 1st stabilization point. There will be rallies in between, but there is a lot of slow grinding pain ahead. Elliot Wave, Murrey Math and Kumar wave being used for the forecasts. Comments always welcomed. Happy Trading.