BTC/USD & ETH/USD; two pairs were behaving similarly. If this comparison lasts, we`ll soon see a BTC price pump. (Speculative) !
A previous gold pattern could be in the making on the oil chart. If the similarity persists, oil prices may rise drastically
both Amazon and Apple are making very bearish reversal formations which might drop drastically the price to a new low on a big TF, Daily. Remember it's a mid to long-term view; therefore, it could be invalid. However, these are well-known wave structures, and they are accurate most of the time, but certainty does not exist in charts of course.
The USDCAD pair is correcting; it could last months. This probable down move will push up oil prices, thus, raising inflation rates worldwide!
On the Bitcoin chart, we have Two moves ahead. First, the bottom was the low of November 22, and BTC is making the first impulsive wave in a very bullish structure. Second, the up move from that last low, $15600, isn`t more than a C wave which might, structurally, end soon, and the drop might be sharp then the price will resume the bearish big wave down to a new...
Gold, like BTC, could also be preparing for a 10% potential down move. Thise down might b caused by a DXY reversal up move or at least a correction.
BITCOIN is on its way to complete wave 4 c of wave 4 to be excact, that c wave comes aggressive move of the time it can be completed this week (its target is in the updates), once completed , the 5th wave will begin as shown on chart, however there is an other possible scenario which is an extended wave (might be triangle), but the 5th is still to come. that is...
ETHBTC Chart is building a C wave more likely. If it's the case, Ethereum will tag that previous wave C low, otherwise, the drop will b limited to around 10%, and the scenario of wave C won't remain valid. this move will affect Chainlink and Polkadot hardly.
Big potential moves ahead for DXY. If this occurs we're going to see a very bad effect on all crypto markets. this fit with wave C that BTC is forming for weeks, which might take the price to the 30k zone again. (consider it as a red flag until the opposite is proven right). C wave on BTC chart : Previously on DXY chart:
Strong divergence is showing on a very big time frame. A long term bearish wave seems not so far to start.
structures and waves repeat themselves usually. in these two, we've chainlink in the past had made a very similar move to the one ETHER is making recently. we might see the same completion in future just like it happened in the past (aggressively speculated. Chart can do completely the opposite)
Critical move on btcusd chart, two probable patterns are in the making: the first one is bullish & we might bounce up from around the area shown on the chart. The second move "bearish" may take more price down/time extension as I will pin in the update. N.B: take a look at a very similar forecast on the DXY chart