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...
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.
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.
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 BTC move has been long in the works. See previous charts. New low today after a brief respite to $87,000 as forecasted yesterday. $72k - FWB:73K is the buy zone. Murrey Math, Elliott wave, Kumar wave in effect.
TSLA is giving us great info. Today's and yesterday's declines were indicative of a stock that is not yet ready to stop falling. We are not there yet, but we are getting pretty close. We may have made a small bottom that moves us to $312, and then under many scenarios makes a new low at $255 or so. That buy zone stops out near $222. Elliotwave, Murrey Math, Kumarwave.
BTC has touched $80,500 this morning. For anyone thinking its a buying opportunity, best to let the market sell off. There will be lower prices ahead. $73,500 - $72,500 is my 1st support area, but this is by no means the lowest prices possible. Not by any stretch. We have a lot of time to work off this sell off, and plenty of room for lower prices, and lots...
Continuing coverage on TSLA. See other previous charts. Zeroing in on $268 as a good entry point. $249 is a stop loss for now. We are about 90 days early in time for a bottom. So caution and stops are warranted. Much lower prices are certainly possible Especially with the correction in the Nasdaq that is underway. Murrey Math, Elliotwave , Kumarwave all...
Tesla has been in a 3 month pull back and the price is almost right to pull the trigger on a re entry. She is however ahead of schedule by a solid 2 full months in time. This usually resolves itself in price. Meaning a break down to lower support levels. So if the regression to the mean price level is at $282, we could see slippage down to $264 quite easily...
I think the easy money in ETH has been made. ETH is just not the coin it once was. Rebuy near $3000.
I have been tracking the latest top in BTC. ( $109k) It was admittedly a little sloppy and premature. Originally targeting the GETTEX:92K - $101K area for a top, the moves above $100k humbled me. We have been chopping sideways for 3 months now , in what I assume is a large unloading of positions into late buyers. The market keeps looking more and more...
Tesla is getting near a low around $296 - $264 or so. With later sell targets at $432 . Using Elliotwave, Murrey Math and Kumar wave.
Buy Tesla in $310 - $290 buy zone . Sell $420 area Stop below $250 Using Elliot Wave, Murrey Math, Kumar wave . Good Luck!
Well, some say it's better to be lucky than good. I have been calling the last leg rise, eventual top, then crash. I expected the crash. Saw it coming months in advance. With striking precision. Bot the massive dip at my low target, and then still got liquidated. Was I good, was I unlucky? I think both. Not for beginners. Violins anyone ?
XRP is breaking down. Shorts are on. Using Murrey Math, Elliot wave, Kumar wave. Support not present till around $2.40. This could develop into THE high, and the price could return to near $1.25 After a protracted bear.
Ive been tracking the BTC wave form and its been complicated. Originally believing the high was in Mid December, we had another wave unfold to create a peak a boo high in Mid Jan. Then its been sleepy sideways action since. While a new high is definitely possible, targets of $113 - $118k , I think the ideal time for those have passed, and todays price action...
I have been following the rise and predictable fall of XRP using Murrey Math, Elliot Wave, and Kumar Wave. It was a very straight forward call. Do we have an echo and a retest coming. I think so, $2.40 next target down. But for now, let the market reflate before shorting. Will update.
XRP looks to be the hold out in the Rally, and will top near last on the list. Using Murrey Math , Elliot Wave, and my own special brand of genius points to $3.40 Being the top. Last opp to get in is a pull back to $1.89. Good Luck!