sohumm

sohumm Updated 

ETH/BTC is at a crucial inflection point and may be about to reverse, giving ETH an opportunity to outperform BTC significantly from now through end 2025. Points to support this argument from the weekly ETH/BTC Chart: 1. Support line since Jan 2020 is being tested (pink). If this holds, a bounce and reversal is possible 2. The impulse wave that started in Jan...

sohumm

BTC completed Wave 3 of its impulse wave in mid December. The wave started back in August 2024 (see orange numbers). It is now pulling back in Wave 4 in a typical ABC correction, having completed sub wave A and more than halfway through sub-wave B. Once it tops sub wave B by first week of Jan, it will move down in Wave C all the way down to $86,000. (see blue...

sohumm

ETH started an impulse wave in early August and completed wave 5 in mid December (shown in orange numbers) It has been in an ABC correction since mid December and has completed Wave A and about to complete a relief Wave B before heading down to a Wave C that will take it to 2,877 by mid January. (shown in grey letters) Once the ABC correction wave ends, it may...

sohumm

In the chart, two Elliott waves are shown - one impulse followed by an ABC. The C wave is right at the 1.618 Fib extension so this could be a price at which it finds support and starts to reverse up to begin a new impulse wave.

sohumm

COPX started a bearish Elliott impulse wave on 20 May at $52.9. It is currently in Wave 5, which will end at $41.3 assuming a 1.618 F extension, probably by end of June. This is a fast moving wave. See waves labelled in chart.