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10Y US Yields are falling impulsively within wave C as expected after we noticed sharp leg down into wave A, followed by a corrective rally in wave B. So, there can be now space even down to the former wave 4 area at 3.25%. If we consider a positive correlation with USdollar Index – DXY, then USD can face more weakness. Is DXY trying to break bearish triangle?

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Crypto market is in another bigger decline, impacted by stock market sell-off, but we still see it trading within a higher degree A-B-C correction for wave 4, where wave C of 4 can stop anywhere here in the 1.7T – 1.4T area. It's still a summer consolidation, so as long as Crypto total market cap chart is above trendline and 1.2T invalidation level, there's still...

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Crypto market made a nice bullish setup formation with a five-wave rally in July, followed by an a-b-c flat correction. It has just came nicely into projected 2.2T – 2.1T support area within wave »c« of an a-b-c flat correction in wave (2), from where we should be aware of a bullish continuation within wave (3). However, keep in mind that we have important NFP...

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Crude oil is strongly stabilizing after a completed five-wave drop from the highs, so it's making a higher degree A-B-C corrective recovery. Current impulse up into wave A can be coming to an end at temporary 79-80 resistance area, from where may see a corrective setback in wave B before we will see a bigger recovery for wave C up to 81 – 83 strong resistance zone.

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We talked about ETHBTC back on July 5th, where we mentioned and highlighted a completed higher degree corrective decline with strong support zone. Since then, we have seen some short-term slow down, which can be just a lower degree bullish setup formation. ETHBTC looks to be finally ready for a bullish continuation within higher degree wave C/3 after we noticed...

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USDCAD is making a pretty strong rise after the Bank of Canada lowered rates by 25 basis points as expected this month. The price is now testing the major trend line resistance of higher degree triangle on the daily chart, connected from October 2022, and we are wondering if will breakout, which is certainly possible in a risk-off environment, with lower stocks...

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Ethereum with ticker ETHUSD is nicely waking up after recent higher degree A-B-C correction in wave (4) that can be bottoming at 2700-2850 area as price recovered sharply in the last two weeks that can be first wave 1 of a higher degree wave (5). Notice that there was also a broken channel resistance and five waves up from the lows up to 3565, followed by a sharp...

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Cryptocurrencies are trading to the downside, and we are seeing some sharp intraday sell-offs, most likely triggered by risk-off flows. As you know, normally when stocks are down, cryptos tend to move in the same direction, especially when there are significant sell-offs in the stock market like we've seen over the last few days, triggered by missed earning...

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We saw SP500 breaking to new ATH this month, but then market sharply reversed which is not a surprise as index formed an ending diagonal at the top of the recent rise. These type of the patterns are very powerful, and can cause a strong "unexpected" erased of some of the previous gains. Well, we can see an impulsive reversal on smaller time frame, so be aware of...

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Gold moved to new ATH as expected after price action from the last two months looked corrective. It was the fourth wave, ideally a triangle so that push higher, up to 2480 was a fifth wave of an extended III, now already done because of a sharp turn south last week. It looks like an intraday impulsive bearish reversal so more weakness can be coming, ideally down...

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Looking at MicroStrategy, there is a very nice recovery from the 1190 area, but prices are not yet breaking out. Currently, there is some consolidation near the upper side of this contracting range around 1660, which could represent the upper levels for sub-wave D of a trinagle. Triangles are structured by a-b-c-d-e subwaves, so I assume that the price can still...

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XRPUSD has already touched a new high, and we can now count five waves up from 38 cents. This is an important wave structure because it confirms the direction of the bull trend, indicating that more gains should follow. However, after every five-wave move, the market can enter a three-wave correction. Therefore, there may be some interesting support levels to be...

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Hey traders I this video I will take look at NVIDIA which I think it can be moving into a correction and can possibly be headed down for deeper prices. So if today major stocks indicies will have second red day in a row, then possibly next week there can be more risk-off. In such case I think its better to wait on any long ideas on cryptos (short-term), and wait...

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Gold has slowed down in the last few months espeically since China announced they didnt buy any gold back in May. But from sentiment perspective, retracement has been expected as we saw a market in the fifth wave of an extended wave 3 after breaking to new ATH. Well, what we see now is then a corrective pause which can be coming to an end here in wave 4 as price...

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Cryptocurrencies are experiencing a deep pullback, with BTC now in the 50k-55k zone. Good Elliottwave correction from the top so far, so I think there can be more upside. But, but, wahts the biggest risk? If stocks pull back, thenn cryptos may struggle to recover. Historically, it's rare to see cryptos up when stocks are down. Something to keep in mind... GH

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BlackRock Bitcoin ETF with ticker – IBIT looks like a nice and clean A-B-C correction that is right now sitting at interesting support area for A=C, but to confirm support in place and bulls back in the game, we need to see sharp or impulsive recovery back above 36.43 level.

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ETHBTC pair can be turning bullish, as we see strong rebound after a completed corrective decline by Elliott wave theory. We talked about ETHBTC pair back on May 14th, where we mentioned and highlighted the completion of an (A)-(B)-(C) corrective setback with the wedge pattern within wave 5 of (C). As you can see today on July 05, ETHBTC pair bounced from...

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USDNOK is sideways for the last two years that looks like a larger triangle within uptrend. It's an ABCDE pattern where wave E can be in play as pair stops at the upper side of this contracting range. Ideally, market is coming down for a pullback within higher degree wave E, where pair can complete the sideways price pattern. So for now, seems like there is room...