Whytek

Whytek

Are we getting close to our first real correction since the beginning of the pump of September? As you can see in the graph, I decomposed the BTCUSD in elliott waves in 5 different timeframes. Here are the details of the decomposition: 1W: decomposition of 3rd wave monthly 1D: decomposition of 1st wave weekly 4H: decomposition of 3rd wave daily 1H:...

Whytek

Is the fall in Tesla's share price coming to an end? I recently published an idea predicting a fall in the share price to $215, which happened even faster than expected following the publication of more than disappointing results. But now what? Despite this bad news from a fundamental point of view, I remain in line with my initial analysis and believe that the...

Whytek

The BTCUSD price has just completed wave 2 and is on course for a fine wave 3 (broken down into 5 orange sub-waves here), supported by a bullish divergence and the break above the weekly Ichimoku cloud. Wave i could continue its ascent before hitting resistance at 32k. Wave ii would then retrace 50% of wave i to bounce off the 2021 double-top support. Wave...