mpd
BTC is moving in a falling wedge and yesterday rebounded on the middle line: if this support holds we could see 82k in the middle of current month
BTC could fall once reached 0.236 Fibo level @ around 56k and resume bullish trend in 2025
In my view BTC bullish move is not over so a new ATH is expected; most probable scenario is the blue rising wedge in the chart where current bullish trend will stop @94k area, completing first bullish wave, where a massive bearish move, 2nd corrrective wave , will dump price to 35-38k area in the beginning of 2025; From 2025 long term bullish move will restart ...
I was waiting for months for 4900 area , the new ATH, to short SPX I expected a big dump but once 4900 area was broken my bearish view based on elliot waves was invalidated. I looked at the long term chart to find a bullish scenario and I noticed a probable scenari that could lead SPX to 6400 area in the next 2 years. My strategy is waiting for 5500 area in the...
In my view SPX will target 4880-4900 area next week berfore massive crash tp 2250 area and maybe lower
SPX is moving in a rising wedge, In my view we could see a new ATH @4900 in December before massive crash, my tp is 2000 and maybe lower (1850)
Next tp 25k , then a retest of 37k area before massive dump , stop loss above 56k
BTC tested the rising wedge broken in may 2022, I expect a big fall to 2k area in next 3-4 months
Looking at multi year blue wedge brent could perform a massive bull move 1st target 213$ 2nd tp (less likely) 260$
In my view SPX bullish trend has restarted to target 4900 area then big crash , VIX will test 6 where massive bullish move will start to break the long term rectangle my
BTC massive bullish move printed a daily divergence so I expect a big correction
In my view Brent bullish trend has started, targeting 122$ in next Feb 2024
In my updated view BTC could test 30,5k before going to 42k. Previous analysis was invalidated by breaking of 35k area but massive BTC crash in my opinion is only delayed
In my view PEPE is printing an inverse H&S pattern so I expect a retest of 0,00000085 area before restarting bullish trend to target 0,000023
In my view SPX is forming an inverse head and shoulders pattern so I expect a correction to retest 4230-4270 area before resuming bulish trend to target 4800 area in the beginning if 2024
In my view Brent will test 78$ area before going above 100$
A retest of 35k - 35,6k is in the cards before crashing