XRP could be forming a potential triangle pattern, signalling a major breakout ahead. 📈📉 Keep a close watch on key levels—volatility could be incoming! ⚡
Bitcoin is at a critical juncture. Will we see a push to $100K first, or a rejection around GETTEX:92K before another wave down to the $66K- FWB:73K zone? 📉 The next few moves will be key in determining the bigger trend. Stay prepared for volatility! ⚡
Since the bottom at around $4.518, we believe IP has moved up in a clear 5 waves and then corrected in a clear 3 waves. We see a potential trend reversal, with IP poised to start wave 3 on a larger timeframe, aiming to break the all-time high of $9. This setup offers an excellent risk-to-reward opportunity and is definitely worth considering.
Expecting a rebound for the SP500 from current levels until mid-March (around the 13th). We anticipate a strong sell-off after that, lasting until late March or early April, potentially bottoming between $5,100 and $5,400. Afterward, a massive bottom followed by a strong upward move for both the S&P 500 and the broader U.S. stock market, including crypto.
Understanding the VIX Index: A Comprehensive Analysis for Market Predictions The VIX index, often referred to as the “fear gauge” of the financial markets, provides crucial insights into market volatility. Since its inception, the VIX has been a valuable tool for investors and analysts seeking to gauge market sentiment and potential turning points. Historical...
At Vital Direction, our Elliott Wave, Fibonacci, and Gann analysis suggests that the S&P 500, Nasdaq, Russell 2000, and broader U.S. markets are approaching a major topping formation, setting the stage for a sharp 10-15% correction. We anticipate this downturn to unfold between now and mid-April, with potential bottoming phases emerging either in early March or...
From a technical perspective, we believe gold is currently in the process of completing Wave 4. The rally to $2,850 marked the end of Wave B, a pivotal moment before a corrective pullback. Our analysis suggests that this pullback, classified as Wave C of Wave 4, is expected to drive gold prices down to approximately $2,400 per ounce. This corrective phase is...
Our Elliott Wave analysis suggests that Tesla is gearing up for a strong rally to the $428 region by the first week of February. However, we anticipate a sharp correction thereafter, with the price dipping towards $310 by the last week of February before launching into a massive bullish wave, ultimately breaking the $500 resistance! This movement aligns with our...
NIO (NYSE: NIO) is poised for a massive surge as it completes an ABC correction, with the C-wave forming an ending diagonal. From the current price of $4.43, we anticipate a strong breakout, pushing the stock past the $7.50 resistance and igniting further bullish momentum. ⚡ Key Levels to Watch: 🔹 Bullish Target: $7.50+ 🔹 Invalidation Level: Any drop below...
SPX500 has formed a bullish triangle, signalling an imminent move higher. Our Elliott Wave analysis suggests a rally from the current price of 6,050 to a double top around 6,130. However, a break below 6,029 would invalidate this bullish scenario. After reaching the 6,130 level, we anticipate a sharp downturn to new lows.
Trump Meme Coin is setting up for a major move! Based on our Elliott Wave analysis, we expect the price to rally from the current level of $28 into the $40–$50 range, forming an X-Wave. Once this target is reached, we anticipate a reversal, leading to lower price levels.
Gold has been following a defined Elliott Wave pattern, and our analysis suggests significant movement ahead. Since touching the $2,600 mark per ounce, gold rallied to a high near $2,750. This move aligns with the completion of a sub-wave structure within the larger Elliott Wave cycle. The Wave Structure From a technical perspective, we believe gold is currently...
AMC stock has captivated the market with its dramatic price movements and retail-driven interest. Earlier, we projected a bottom at $4, predicting a robust rise to $18 and potentially $40. While AMC reached $5.50, this was later identified as an X-wave within a complex WXYXZ corrective pattern based on Elliott Wave Theory. Our renewed analysis now suggests that...
Since its recent peak in August 2022 at a price of $10, natural gas has embarked on a substantial corrective journey. From an Elliott Wave perspective, this move is shaping as an ABC correction. The initial A wave was a sharp decline, followed by a rebound to the $4 level, forming the B wave. This B wave unfolded as an expanding flat correction, demonstrating...
Lucid Group (LCID) has experienced a steep decline since its historic peak on 15th November 2021, when it reached approximately $57 per share. The downtrend, spanning over two years, is best interpreted as a classic ABC corrective structure based on Elliott Wave Theory. However, recent technical signals suggest this prolonged bearish phase may have concluded with...
BABA Daily Elliott Wave Count showing 1-2/1-2 formation, which should push significantly higher from this level. However, a touch of $82.64 would invalidate our current bullish scenario.
MicroStrategy Incorporated (MSTR), renowned for its substantial Bitcoin holdings and its pivotal role in business intelligence solutions, is catching the attention of market analysts once again. Since its historic peak of $540 per share, the stock has undergone a complex corrective phase. From an Elliott Wave perspective, this correction unfolded as an A-B-C...
AMC Entertainment Holdings (AMC) has shown intriguing market behaviour recently. Since its low of $4.03, the stock staged an upward move, peaking at $5.50. This move could be seen as corrective, but due to its correlation with GameStop (GME) and retail investor sentiment, we interpret it as an impulsive contracting diagonal wave. The subsequent drop to $4.30,...