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Bitcoin made a double top at All Time High with a divergence. That means upwards momentum is exhausted. Now price is seems to be going lower in an Eliott Wave impulse with waves (1), (2) already done. MA200 W1 which is the most important support since Bitcoin inception is near, and breakdown through this level means huge panic.

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Bitcoin made a double top at All Time High with a divergence. That means upwards momentum is exhausted. Now price is seems to be going lower in an Eliott Wave impulse with waves (1), (2) already done. MA200 W1 which is the most important support since Bitcoin inception is near, and breakdown through this level means huge panic.

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Pretty much explained on the chart. There is a potential huge Eliott Wave flat pattern.

rafbie Updated 

Price is in a reaccumulation period in wave 4 of wave (5). It seems to be a huge expanding flat pattern which is not done yet. Expect some swift moves to the up and down once last panic leg is done a huge move on a very high momentum towards $100k will ensue.

rafbie Updated 

All details are drawn on the chart. Basically BTC is in a huge bull market with a clear imbalance of demand and supply. There was 3-month long reaccumulation period at all time high of $69500 with all outstanding supply bought up. Price is gonna shoot up to $112k at minimum very swiftly.

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NVDA is in an incredibly strong bull market - it looks very good both fundamentally (rising revenue and profits, virtual monopoly on AI chips) and technically. Current wave that started in Nov 23 is yet far from being done and it's very unlikely it would conclude before hitting at least $1600 maybe will even go much further to $2k area.

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GME is going up on a very high momentum and volatility, very emotional market with very clear Eliott Wave patterns It seems that possible pullback today is a great buying opportunity around 42 USD. Area of 85-90 USD is a good place for a local top.

rafbie Updated 

Why? First off, we are in a bull market that shows no signs of distribution so continuation is more likely. Secondly, we are in a clear Eliott Wave fifth pattern with waves 1, 2, 3, 4 already done and wave 5 should ensue of a higher mangnitude than wave 3. Wave 4 was a clear Eliott Wave double three pattern with w, x and triangle in y. Triangle means correction...

rafbie Updated 

First off, Bitcoin is in a very strong bull market since 2009 so likelihood of new ATHs is always higher than not-reaching ATH ever again. Throughout 2022 Bitcoin was in a clear correction / pullback phase after 2021 distribution. Market got cleared out of leverage with Luna, FTX, 3AC, etc. fiascos and built ground for a new wave of a bull market. Bull market...

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Long-term bear market seems to be already done with accumulation and bullish divergence at the bottom. We can see first signs of a bull market already and after such a long accumulation price is likely to reach new high sooner or later.

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Worldcoin is in a clear bull market with a rounding bottom which means accumulation is over and huge breakout on a high volume and volatility confirms it. Now price is pulling back towards $2.7 until it finds support at MA200 H4. $2.7 is a great place to go long and hold until high teens or at least $15.

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We are in a bull market and through Dec 2023 clear a, b, c correction is being made. Wave a and b are clearly done. Wave c looks like a textbook ending diagonal pattern with waves 1, 2, 3, 4 already done and now we are in the middle of wave 5. The drop won't stop until price reaches $40k level. It's a good trade with a very high likelihood of success and...

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There was a clear Eliott Wave abc correction between 2020 and 2022 that found a very strong support around $28 level and MA200 Monthly which acted as a support since 1980s. Price consolidated for a year around $30 level and just broke out and gained momentum pushing through resistance like through a butter. The momentum and trend are clearly established and won't...

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What about this count?

rafbie Updated 

We can observe triple three pattern on a weekly chart.

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We are on the verge of a new euphoric bull market. Look here: In a bull market everything is positively correlated to BTC, but altcoins grow much faster, so it's better to focus on them. ZRX has been one of the strongest coins throughout the bear market. It's a protocol for creating decentralised exchanges which is probably one of the greatest problems to be...

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Sorry guys, we've got bear over there.

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Wave 2 is about to end.