May bounce a tad higher in here but players, noobs, weak hands etc. prepare for short-term pain which will lead to a very good entry for long.
BIDU has a fantastic chart. I've been steadily accumulating shares around the 100-105 level. Will add options when breakout is confirmed.
Just hold yer' horses in here podners. Take profit if you havent and build capital. Healthy 2-3 month pullback is brewing in the works, the bottom of which will be a very profitable entry.
EW count of the bull base case in QQQ. Great setup if you're bullish over the coming months. Buy the dips.
Basic elliott wave count supporting the bull thesis to 90-100K. Have we bottomed and the next leg up begun? Dunno. Time will tell.
Simple EW chart highlighting base case bear scenario. Final 5th wave down should be starting shortly, if not already, on the daily chart, our preferred granularity with EW. Expect selling to accelerate over the summer. Buyer beware.
Ethereum continues to track our expected bearish correction that will, ultimately, bring the crypto down to the ~$200 range which will represent another exceptional long entry. This will take in the vicinity of 18 months for a bottom to be laid in and a sideways period of consolidation to commence. Prior to this, our bearish expectation is ETHUSD will be making...
FIL, IMO, has a really ugly chart. Appears a bearish 'B wave' triangle is triggering which will send this crypto into the teens or, perhaps, single digits. Buyer beware..
Ending diagonal in SPY could grind higher for a couple more months or so but we're getting close to a significant top. Buyer beware.
I've warned of this before and was roundly ridiculed and laughed at. The 3rd great crypto winter is beginning. GTFO while you can..
Lot of people bullish on cryptos - and LTC - in particular. My base case bearish scenario outlined here. Much lower prices to come which will be an excellent long entry point. We patiently wait for these prices to layer in our long position.
Massive bullish 3rd wave has started. You buy this now and hold.
While technically BTC has enough of a correction to consider a bottom in place, to my count a final 5 down to the high $30s would be ideal to complete the downside correction before making a final run to ~$100K.
IOTA: forgotten coin that many have written off has a *very* intriguing chart. This could be a big mover soon. The IOTA team has a great project and have been diligently improving their products, developing exciting new tech, and flying under the radar last couple years. This is about to change. Wait for correction to complete as shown by the C. I'll be a...
Much as I like the long term future of DOGE - which I personally consider the one true proxy for ALL of Elon's business ventures - based upon my chart analysis it looks like we'll have another wave of selling into early January. Note the similar fractals noted with the green elipses. We have an ABC retrace off the low from a couple weeks ago and should be...
A fairly reliable 'bat' pattern is evident in ETH - let's see if it triggers and we get a solid move lower.
To this chartist's eye MATIC is, unfortunately, due for a pullback to the low $2s. While I'm expecting some short term pain, this temporary pullback will be followed by a gonzo move to $5+
Chart says it all. Pretty clean expanding wedge should reverse soon at the top trend line.