Author: Lucas Peterson
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Solana (SOL) Low Time Frame Analysis
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After reaching a local top around $165, Solana has entered into a well-defined downtrend. Based on our wave count, the market is currently undergoing a classic ABC correction. The structure of this correction appears to be well-formed, and when we examine the broader market structure, it could be interpreted as…
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Bitcoin Low-Time-Frame Analysis Update
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I’ve revised the low time frame analysis for Bitcoin, and the updated interpretation provides a more detailed and precise understanding of the current market dynamics. Key Observations: Bitcoin’s current market structure suggests that traders should remain cautious. While there are bullish signals, such as the descending triangle, their reliability is…
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Fetch.AI (FET) Low-Time-Frame Analysis
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Following the speculative surge driven by Nvidia’s earnings, $FET has experienced an incredible 107% increase. The price action has now developed into a clear three-wave structure and is currently in the process of forming Wave 4 within the larger bullish framework. Key Observations: Conclusion: FET has experienced a significant rally,…
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Bitcoin Low-Time-Frame Analysis
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In the aftermath of the unexpected 11% drop that occurred earlier this week, we’ve adjusted our wave count to better align with the current market conditions. This drop has introduced significant volatility, leading to a reevaluation of both bullish and bearish scenarios as we analyze Bitcoin’s next potential moves. Bullish…
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Nvidia Low Time Frame Analysis
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After Nvidia released its earnings report yesterday, which was positive, the market reacted with a decline. Given this reaction, it is important to examine the current market structure more closely to understand the possible scenarios moving forward. Market Structure Overview: Since reaching the top of the overarching Wave 3 on…
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Gold Low-Time-Frame Analysis
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According to our latest analysis, Gold remains firmly in Wave 5 of Greater Wave 3 after breaking out of the triangle pattern. Since this breakout, Gold has successfully completed Subwave 1 and 2, and we are now advancing through Subwave 3 of this larger wave structure. Subwave 3 Target Zone…
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Updated: Bitcoin Low-Time-Frame Detailed Analysis-25/08/2024
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In the past few hours, Bitcoin has continued its sideways consolidation, with price action suggesting the formation of a triangle pattern, typical for Wave 4 in Elliott Wave structures. This triangle formation represents indecision in the market, but it is often a signal that Bitcoin is building pressure for its…
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Bitcoin Low-Time-Frame Analysis- 25/08/2024
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After the strong surge on Friday evening, Bitcoin has since been trading sideways over the weekend, consolidating its recent gains. Based on the current structure, it appears we are in Wave 3 of the larger Elliott Wave pattern. However, within this Wave 3, we might be entering internal Wave 4,…
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Ethereum Low-Time-Frame Analysis- 24/08/2024
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Since the high point at $4,113 on March 13, Ethereum has been undergoing a correction, which, although painful, has followed a classic ABC correction pattern. Currently, we are at a crucial juncture: either transitioning into the next impulsive upward movement or still within the final stages of the correction. ABC…
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Dynex’s Strategic Vision 2024: Ushering in a New Era of Neuromorphic Quantum Computing!
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In its groundbreaking presentation, Dynex not only showcased a milestone in technological mastery but also delineated a decisive leap into the future of computer technology. According to the presentation, Dynex’s innovative approach in merging neuromorphic computing with quantum technology does not solely lie in combining these advanced technologies. Instead, it’s…