Eliottwavetheory
ACH breakout Not Financial advice.
Here we have a breakout on the hourly. Still not the big rip, but we are gaining momentum into the weekend.
Weekend hits we will be in a much higher than where we are now. I suspect we will be hitting .135cents (conservative flag measurement) .15 cents + on this little breakout. Gaining steam and getting ready to run higher after a bit of pullback ( more flagging out) This pattern has repeated itself. Now just higher time frames.
Golden cross playing on 1 hour, followed by 2,3,4. (Big run coming)
These trade ideas take time to play out. So my previous calls were on smaller time frames due to how fast this crypto was moving. I believe it was on 15 minute frames for the run. Which shows for how fast these movement can be once this truly gets going.
I stand by my .33 cents being hit on this bull run. ( I mentioned it as soon as I saw the flag form)
$1 billion valuation for Alchemy is realistic, and arguably undervalued with Binance and Shopify as partners.
Watch to see volume pour in once we back test support here to spark the run
looking for .17, .24, .33, Maybe even more.
Still believing this is a large scale Eliot Wave Theory (which has me thinking we could potentially see .43 cents) followed by pull back waiting long then this one week times length of pull back on the next huge Bull run.
Again just my thoughts here. I'll look to update again if I see importance.
GLTA!
The Swop.
AUDUSD Analysis Overview AUDUSD analysis Overview -
Monthly Chart - monthly closure was a doji showing some indecision for the time being, furthermore can be observed that monthly chart is under some type of consolidation rn.
Weekly Chart - furthermore the consolidation from the monthly chart can be further observed on the weekly chart. Previous weekly candle was also a doji no giving continuation to the bearish momentum from the previous week. ( no long term for me atm, keeping an unbiased opinion until breaking out of this consolidation)
Daily Chart - still maintaining uptrend, consolidating for the last month and half
H4 Chart - this daily consolidation can be seen as a range which broke the resistance level and came back down to the bottom of the range but yet respecting the support level.
30m Chart - after bouncing from H4 support broke previous level of resistance and created a new high... Ideal scenario would be to see a pull back to enter on. a long position to ride it to the resistance level.
DRGN is going to pump 65% in its BTC pairAfter a golden supporting, the 3rd Eliot waves is going to increase the price up to the daily channel middle zone