BITO short corrective rise begins. Target price : 41.84 usd. After that I expect a significant reversal. Let's start from the beginning. The orange lines mark ATR axes. More precisely, the starting points of the ATR axes, the places where the ATR values are zero. In technical terms, we can talk about accumulation if the distance between the initial value of the...
PLG has reached the bottom. The chart shows that the fall in PLG shares has stopped. The fundamental background is that the construction of the mine in Waterberg County, South Africa, has temporarily stopped. In a South African court, civil groups have challenged the mine construction permit issued three months ago. PLG CEO Robert Jones has resigned after failing...
Let's start at the beginning. What is a meme share ? The meme share phenomenon is caused by groups of people on social media who are constantly taking long positions to raise prices. Since they are not backed by mutual funds or individual large investors, the sudden rise is followed by a slow fall. The meme stock phenomenon is triggered by a combination of...
XAUUSD could be on the rise. The chart shows that gold is moving in an accumulation range. The two edges of the accumulation range are marked by yellow squares. These are the "spike areas", which mean that price movement may reach these bands within a day, but prices may not close below them. These areas are characterized by being symmetrical to the average of the...
LPTH 45% rise ahead. My assumption is that LPTH is in an accumulation range. Currently it has reached the bottom of the range. From this level a rise is expected. Target price : 2.96 usd
EURUSD I hold a short position. There are no new developments compared to my previous EURUSD analysis. In my opinion, EURUSD could build a further downward wave sequence. This is supported by the fact that the current resistance level is the W1ATR50%. This is a very strong weekly resistance level. W1ATR means how far the price movement can go in a week based on...
BTCUSD I hold a short position. My current post is a continuation of my previous analysis. In that analysis I explained why I closed the long position. I also explained why my trading direction changed in the longer term. I would like to note that I was and am always very optimistic about crypto currencies. Therefore, as always, I expect a further sustained rise...
WTICOUSD may start to rise by 10%. WTI appears to be building a wider accumulation range. Apparently, the accumulation band is dominated by fractal theory rather than the usual regularities of accumulation bands. Therefore, I assume that the "accumulation fractal" shown in the figure is replicated. At present, I expect a rise again. Its target price : 74.52 usd
GPRO is quietly preparing for a huge rise. I wouldn't have given much for Gopro shares 3 years ago, but apparently the complete restructuring of the commercial and corporate infrastructure, the rollout of cloud services, has worked out very well for Nick Woodman and his team. The WALL STREET view is that if a Tech company goes from 100 usd to 1.5 usd, it's over....
Close BTCUSD Long position. The basic concept of my current analysis remains fractal mathematics. My previous analysis was very accurate. From my previous analysis you can see that bitcoin may have reached the target price. This target price coincides with the W1ATR 50% which is a strong trend reversal level. Therefore, I expect the rise from this level to...
EURUSD continues its downward trend. I intend the current findings as a continuation of my analysis. The previous analysis seems to have worked accurately. It was based on wave sequence and fractal theory. I would basically continue to rely on this. My assumption is that EURUSD will produce two almost identical wave movements. The basis for this statement is the...
PLG 143% rise ahead. It has been a long time since I have done an analysis on Platinum Group Metals LTD. The reason was that investors were neglecting it, the price movement was slowly sliding downwards. However, the last few days have shown another opportunity. Indeed, the price movement is starting to return to a fractal path. We have reached the bottom of the...
BTCUSD could start to rise. The previous fractal strategy seems to have set a good lower level for bitcoin's decline. The current strategy is a pure ATR strategy. We do not take into account the fractal properties. The dotted line in the figure is the ATR axis of the wave sequence. It can be seen that this longer-term ATR axis is used as support and resistance by...
WTICOUSD correction begins. My analysis shows that the rise has stalled. The halt is caused by the upper level of D1ATR. The D1ATR(white square height) shows the 14-day average of the maximum value of the intraday move. In other words, the maximum distance that the price movement can travel in a day with the currently measured ATR value. Simple math. Let's move...
BTCUSD I continue to hold my LONG position. Not much has changed since the last analysis. My analysis shows that bitcoin is moving in a regular accumulation range. The width of this is D1ATR. Which means the value of the daily average movement, taking the last 14 days into account. You can see that it has been in this range for almost two weeks. The red square in...
RHE before the rise. I have already made several analyses on shares of Regional Health Properties Inc. I have explained why it meets the criteria to be considered a "meme stock". Those technical conditions have held since then. Currently, the price movement of the stock is in an accumulation range. In parallel, the current wave sequence is in a fractal...
CLF could face a 34% rise. The analysis includes two strategies. One is a pure ATR strategy and the other is a symmetric wave sequence strategy. When we start using the ATR strategy, the first step is to determine the value of the day (D1 ATR) and the week (W1ATR). These are typical levels that price movements use as support, resistance or reflective axes. In many...
NAS100 I hold the long position. From the analysis you can see that a fractal copy is taking place. It can be seen that the price movement is copying the first fractal of the larger uptrend. It can be seen that in both cases the W1ATR started from 50%. This technical support level is significant because the movements that build up after this level imply the...