sohumm

sohumm

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

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.