Gold (XAUUSD) Preparing for Next Bullish Leg
Elliott Wave view in Gold (XAUUSD) suggests the rally from March 31, 2021 low ended wave (1) at 1916.53. Pullback in wave (2) ended at 1855.10 as a zigzag Elliott… Read more »
Tag: leg
What The Last Leg Up In The Crypto Bull Market Could Look Like
Crypto assets like Bitcoin and Ethereum have taken a beating since April local highs, calling into question if the once powerful bull market is over or not. If it isn’t,… Read more »
Either a New Phase of 15-Month Bull Leg or Reversal
GBPUSD, EURGBP, GBPJPY and GBPAUD Technical Forecast Talking Points: GBPUSD is just below the midpoint of the range carved out over the previous 7 years with the smallest 8-day range… Read more »
Either a New Phase of 15-Month Bull Leg or Reversal
GBPUSD, EURGBP, GBPJPY and GBPAUD Technical Forecast Talking Points: GBPUSD is just below the midpoint of the range carved out over the previous 7 years with the smallest 8-day range… Read more »
USDJPY on it’s third leg higher today
Running close to the May high The USDJPY is moving to new highs and in the process, is on it’s third trend leg higher today. At the time of the… Read more »
The outage-related leg in the crypto wipeout is erased
Huge bounce from the lows As I wrote at the time: “If this latest leg can be blamed on an outage, people will be buying the dip. Historical drops around… Read more »
Bitcoin Price Primed For a Leg Up as Demand and On-Chain Data Favorable, Analysis
Although bitcoin’s price continues to struggle at $60,000, on-chain data indicates several bullish developments for the primary cryptocurrency. Institutional investors have only intensified their purchases, long-time HODLers and miners refuse… Read more »
Stablecoin Supply Rising, Diminishing Bitcoin Reserves Ready To Fuel Next Leg Up
Bitcoin price is back in the mid-$50,000 range, unable to push any lower despite bears best efforts and overheated technical indicators pointing to a potential trend reversal. However, several fundamental… Read more »
Bitcoin “Cheat Sheet” Calls For Next Leg Up To $77K
Bitcoin price is taking its time consolidating around $50,000 but could be preparing for the next major leg up to around $77,000 per coin, according to what one trader calls… Read more »
TA: Bitcoin Corrects, Why 100 SMA Could Trigger Another Leg Lower
Bitcoin price started a downside correction below the $23,000 support against the US Dollar. BTC is likely to decline again as long as it is below $23,500 and the 100… Read more »