Bitcoin ranging possibly forming wave 4. A dip to 50% retracement of uptrend from 10k to 40k would be ideal for a sharp correction: ABC, WXY, WXYXZ. In this case, due to it's sideways but downtrend nature, I'm assuming a WXYXZ pattern.
Possible corrective count if the 2 major volume nodes will act as support and resistance and it's now forming subwave C of expanded flat wave B
BTCUSD maybe forming an ending diagonal here after a contracting triangle formed
Estimated date for the Halving is May 11, 2020, coincidentally, it falls on the 1.618 fib time of the previous $3k o $14k run. Hopefully it would form a bullish divergence on daily and weekly timeframes
Looking for a swing long opportunity around 6800
I believe it will continue to drop until $8k and make a pivot breaking out towards $24k
XAUUSD price is now leaving the wave 3 channel
Time to fill the CME gap?
It looks like it's currently forming the 5th wave of a leading diagonal wave A of 2
Retracing to form Wave 2
I believe this whole corrective structure is the 2nd wave in an impulse going 40k or beyond
I'm assuming that this big wave 2 is a WXY double correction
5th elliot wave is likely to end at the peak price of May 8, 2018 which is around $10k