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$NQ
Either we have bottomed and we simply need to flip $27,300 into support or we reject from that level for two more lows down towards $25,500. I am leaning the latter but we have our triggers.
$ETH
My current "bearish" count whilst below resistance. We need to flip $2300 and ultimately $2385 to be bullish again.
Would love to see a retest of $2300 to hedge short against my spot accumulation incase we do get that lower drop.
A drop would give us a 0.618 retest.
$USDT.D
We’re closer to the end of the correction then the start of it.
If you’re smart, you’re accumulating during this period because when it takes off, I don’t think it will mess around.
$HYPE
Would probably expect a little bit lower first as we complete a corrective flat into support.
Expecting it to be strong on the next leg up.
$NPC
No major changes. We may sweep into support but still looking to accumulate.
$NQ
Flat is looking good. Either flip $27,200 into support or expect to test $26,300 and watch for a reaction there. I think we're closer to a bottom now. Yesterday it looked unfinished.
$BTC
$81,200 remains a strong resistance from what we saw. $75,000 looks inevitable now. I have drawn the two scenarios I will be watching for.
bitcoin:native
Great move last night. We are now at resistance and need to flip $81,200 for continuation.
$BTC
Super bullish. Not sure if we've bottomed yet but you should be accumulating.
$NQ
Furthermore, extremely bullish on the higher tf.
I was going to be doing a $NQ chart but Elliot waves academy has nailed my thoughts exactly.
Ultimately a bullish set up for another time frame push higher. Does this mean we see a lower drop in crypto in the meantime? Potentially.
We will continue analysing this.
I was going to be doing a $NQ chart but Elliot waves academy has nailed my thoughts exactly.
Ultimately a bullish set up for another time frame push higher. Does this mean we see a lower drop in crypto in the meantime? Potentially.
We will continue analysing this.
#NASDAQ 🇺🇸 Expected trajectory of the index within a 1-day timeframe.
Bearish pressure 🐻
Analysis of the index's wave patterns indicates that it is experiencing selling pressure from bears 🐻. A key level has been broken 🔨, which reinforces the downward trend.
Based on this, we can anticipate a decline through wave (3) and wave (5) within wave C, which is part of wave (2)/(B). This decline could potentially reach the indicated demand zone and may extend further. Updates will be provided in the near future. 📉
Furthermore, this decline coincides with the targets of a harmonic (shark) pattern, which is also a factor supporting the expectation of a subsequent upward wave.
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