Fast forward, and BTC bottomed out at $108,664 on September 24 for the orange W-2, which is only 1.1% below the ideal target zone we’d provided, and made a new All-time high ($126,287) yesterday, ...
Once reached, the odds increase that the market may see a 3-5% correction again, with a green W-4, and an ideal target zone of SPX 6150-6375, with the upper end preferred. From there, we expect the ...
The Elliott Wave principle was first developed by an accountant, Ralph Nelson Elliott, to describe, and ideally predict, market cycles. Utilizing technical analysis and group psychology, it identifies ...
Figure 1. Bitcoin’s short-term Elliott Wave count with several technical indicators and moving averages. Like the gray W-ii, ...
If you're a regular FACE show attendee, then you know we cover gold and silver quite often in our webinars. Those who know me also know that I look at markets mostly from an Elliott Wave ...
Since it is a simple zigzag, wave C has unfolded as an impulse. However, the September 2022 cycle has not yet reached its target zone. Moreover, all bounces so far have been corrective. Therefore, we ...