Not much bull now, but I want to wait for a retest or one more good signal to re-enter my short.
I am in short for get profit from wave ⑤ down. will update later
in short tern, 5min/15min chart, the price is testing the EMA 50, after break above, now retesting. If successful with a good volume bar, We can predict the wave A had been formed and now for wave B up. Be aware of incoming Federal Funds Rate and FOMC. if this event make a B wave. we can earn the C wave. I like to take the B wave in the FOMC event if the Gold...
It's would better to wait for a break through the red resistant line, but I am bullish now.
Nasdaq can hold above Andrew support line. And just break through the resistant. My target is up to 12.600. I assume ellitott wave 5th is done shorter than expected. now in ABC wave beginning.
BTC tested 3 time at resistant, now I am looking for a bounce as wave 4 to 20.700.
I focus to the violet box below. if we can break out the blue box
Market won't crash when everybody is prepared for it. my first target is Nasdaq to 14000.
My new view after FOMC, the shoulder head shoulder was invalid, now I focus to next resistant at 13000.
The triangle, the wedge, the resistant. I am looking for this up tick
Bitcoin might test the strong support at 26900 26.900 is my target
The rally will kill most of short. I am following the rally. Target to 14600. then waiting for new trend down.
BTC make a higher low from a strong support level, now we might see a up wave to 39100
In short term now I am bearish. Rejected at resistant, now BTC might pull back to 37000 level I just added short here.
Nasdaq might drop (Wave 1) and bounce (wave 2). We might see BTC drop to retest the support level then bounce too.
Just hit Support line now if we can hold BTC can rally to the final up wave. I am bullish now
The recent break through had been given back all. I've taken profit just a few bucks. Now retesting the support line, if can't hold, we go all the way down, I prefer this.