In June, I posted a chart on Clouflare and since then, saw its price move by almost 50% in just 3 months.
At 313$, Cloudflare upmove looks to have topped out for now and I would expect the prices to reverse back to sub 200 mark.
The Elliot wave strucutre of the bull move looks complete and in the super cycle, we should begin wave 4 correction journey. Divergences and Demark completion across 4D and 1M are a confirmatory signal with long standing upside trendline acting as resistance.
The only confirmation signal lacking to actively intiate short is that the sweep volumes at top are still at average levels and top candles have not shown a high volume sell activity so we might be a couple of days away from a true top yet.
TLDR - Cloudflare has marked its intermediate term top and can give away all gains made from May 2026 onwards.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.