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...
XAUUSD correction is over. Technically, gold may have reached the end of its downward movement. According to my analysis, the correction has reached the upper range of W1ATR. W1 ATR is the average of the weekly movements over the last 14 weeks. This level could act as a strong support level. My analysis can be confirmed by the fact that the upper white square...
GME correction continues. Based on my analysis, I expect a further correction in Gamestop's share price. The fair value of the company's stock is currently at 241.85 usd. The current uptrend is currently halted at this level. The bold red line is the level of the average of the price movements ending in a rising closing price over the past 14 days. Practice shows...
LPTH is the next meme stock ? LightPath Technologies(LPTH) is working with sectors that will invariably be the sectors of the future. Space exploration, Mars mission(NASA), self-driving cars, cloud systems, global internet, military industry, drone and robot technology. Market supply opportunities have been identified in these areas. In other words, the...
BTCUSD update. Not much has happened in the bitcoin movement since my last analysis. The fractal shown in the chart is still valid, so I am still holding the upside, but I am also preparing for a possible position close. The chart shows a thicker maroon line. This level is the average of the ATRs for the last 14 days of the price that closed down on that day. In...
RHE to rise further. The analysis shows that the price movement is in an accumulation range. The current accumulation range is twice the height of the previous accumulation range (yellow square). This is the basic rule of the fractal. The conclusion is that if the accumulation range is twice the previous one, then the post-accumulation upward wave sequence must...
LPTH 56% rise ahead. LPTH(Light Path Technologies Inc.) is an exciting company with a big development ahead. The company primarily manufactures optical lenses for various industrial devices. They make lenses for night vision, infrared sensors, thermal sensors. In recent years, they have also been involved in the optical development of Lidar scanners and the...
I am waiting for XAUUSD long entry. The chart shows that gold is currently in a corrective move. My technical interpretation is that this corrective movement is slowly coming to an end. I expect this to end at the 1851 usd level. You can see a white square in the analysis. The height of this square is W1ATR this means that gold moves a maximum of this much in 1...
BTCUSD update. Apparently the previous analysis is working This means that I am waiting for the bullish fractal to build. As a first step, I expect to see a steady uptrend up to twice the sequence of the previous fractal rising wave(1x). Its target price could be : 59576 usd. At this stage it is also advisable to watch the slope of the rise. If the slope is...
BTCUSD remains LONG. This analysis is intended to complement my previous analysis. Currently, technically, the price movement of bitcoin continues to move in an upward trend. Based on fractal strategy, the wave sequence is copying a so-called "spike area". In the event that the price movement does not break out of the white square on the chart to the downside, I...