kalio5

kalio5

Hi Everyone, Just to share a short-term forecast for BTT coin. I think we recently completed an A wave correction near the 50% Fibonacci level. And I expect an increase in price related to the B wave to near 0.01USD, once the grey resistance line is broken. The analysis is void if support is broken, and ignores coin fundamentals, Good luck!

kalio5 Updated 

Hi Everyone, For NKN, it seems that a 5 wave uptrend has recently been completed, and that we're now currently in the ABC correction phase. My expectation is for at least a 50% retracement of the B wave, which would result in the price reaching 0.6. This would be before a C wave takes place which may retest recent lows, Good luck

kalio5

Hi Everyone, Just to share an update on the Nasdaq 100. Based on the prior forecast, the wave 3 is extended but I'd be surprised if it broke above 13.6k resistance. My expectation is for a back-test around 13.35k to complete wave 4. Assuming Wave 5 reaches the high probability 61% Fibonacci of Wave 1-3, I would expect an eventual new Nasdaq 100 high at around...

kalio5

Hi Everyone, Just an update for the Nasdaq 100. I have labelled the Elliot Waves based on my interpretation, and updated the b Wave from the previous forecast. Overall, I'm still expecting price to retrace to at least 13.7k, and think that we're in the midst of the c sub-wave (of the primary B wave). If the price breaks below support at 12.65k, then this...

kalio5 Updated 

Hi Everyone, Just to share a short-term forecast for Theta Coin. My expectation is for it to test the 38% Fibonacci Support at around 9.5USD, before rising back above 12USD (50% retracement of Wave A). This projections excludes any significant changes to Bitcoin, which most alt-coins are heavily correlated to. Good luck!

kalio5

Hi Everyone, I recently published a Tesla projection, and just to share an update. It seems that the zig-zag pattern is still holding, and I would expect Tesla to increase in price to just below 800USD. After this point, I expect a sell-off and completion of the C wave most likely to the 100% Fibonacci price projection (or possibly to the 62% price...

kalio5

Hi Everyone, Just a quick update. It still appears that last week's bullish forecast for the Nasdaq 100 is still holding, before this week's open. Additionally it appears an inverted head and shoulders pattern has been forming*, which is considered a high probability bullish pattern. My projection is still to reach is 13.7k, but I would turn bearish below...

kalio5

Hi Everyone, UWMC is a mortgage company which is frequently mentioned on Wall Street Bets. It appears there is a Gartley Pattern which is currently taking place, which would leave a target of 12.5-13.0 to be reached before any correction. If it breaks below the C wave this pattern is invalidated, Good luck!

kalio5

Hi Everyone, Just to share my thoughts for the Nasdaq 100, after the sell-off today and continued trading within the 13.3-12.7k zone. I think today we have seen the completion of the B wave, and I project a C wave uptrend over the next few weeks. This is also supported by the B Wave retracing to the 50% Fibonacci level and also completion of the sub-c wave (5...

kalio5 Updated 

Hi everyone, Just to share an update to the analysis yesterday, where a sell-off was projected based on a completion of a C wave. Today an ending diagonal pattern appears to be completed, rather than a standard C wave. If price breaks out of the upper channel of the diagonal with MACD confirmation after FOMC news later today , then there is a good...

kalio5

Hi Everyone, Just to share my current thinking for the Nasdaq 100. Since it formed a bottom at 12.3k, there appears to be a 5 wave ABC pattern with an expanding flat correction currently taking place. The B wave correction I expect to complete at around 13.2k (124% of Wave A), while additionally there is significant resistance at 13.3k from previous price...

kalio5

Hi Everyone, Just to share my expectations for Tesla over the next few months. This is based purely on standard technical wave formation, and assuming a ABC zig-zag takes place. It excludes company fundamentals and correlation to the overall stock market. I think that we've completed a Wave A correction, and currently in the midst of a Wave B which should lead...

kalio5

Hi Everyone, I still remain bullish in the mid-term for Bitcoin to reach 85k eventually. However, in the short-term, I expect a near-term reversal to retest mid to low 40k level in the next few weeks, near 50% retracement zone of late January lows. This assumes that the C wave of current ABC zig-zag correction takes place. Bitcoin is notoriously difficult to...

kalio5 Updated 

Hi Everyone, At the moment a Gartley Pattern appears to be in progress. If the price reaches a level of around 12.35k, then this should be a high probability entry point if you believe the Nasdaq 100 will eventually go higher, Good luck!

kalio5 Updated 

Hi Everyone, After a significant sell-off today, my interpretation is that we're in the midst of a B wave correction. I think that we'll rise back to 13.3k during the next few days, before a sell-off again to complete the ABC correction around 12.3k. However, as the downward momentum is notable, risk needs to be carefully managed. Good luck!

kalio5 Updated 

Hi everyone, It appears a 5 wave pattern appears to be taking place for the SPX. I would expect resistance around 4020 (50% Wave 1-3 extension), before an ABC correction takes place afterwards (indicative levels only shown on the chart). Additionally, this is near the key 4k psychological level, and the MACD appears to show divergence. If this target is...

kalio5

Hi Everyone, In the past day the long-term upward trendline formed after the March crash has been broken by the Nasdaq 100, which signifies a break in market structure and a reversal. An ABC pattern is currently being formed and assuming the C wave extends to the same magnitude as the A-B wave, then a price level of 12.3k is expected over the next 1-2 trading...

kalio5

Hi Everyone, Just to share an idea on the Dow Jones. My expectations is for it to complete a 5 wave pattern at around 31.1-31.3 resistance zone (and 50-61% of Wave 1-3), before an ABC correction occurs. I've drawn on the chart the pattern I think will happen, though the timing may be slightly longer/shorter. I hope it helps and good luck!