Bitcoin will 14x - 342,000 USD - 2025 projection!
Welcome to this professional technical analysis. First of all, I want to say many congratulations to the bulls for this amazing start of the new bull market; it brings a lot of happiness back to the crypto community!
January is one of the best months in Bitcoin's history and also for me because the profits are very high, but now let's take a look at the most important thing, which is the profit target for 2025!
Bitcoin is an extremely volatile asset like no other. Every third year, we experience a brutal bearish retracement with a statistical correction of around 77% - 90%. A good strategy is not only to hold for the long run but also to sell at the top and buy at the bottom. It's not easy, of course, but it's extremely profitable.
If you are a trader, I know you are most likely interested in the next profit target for this bull market. My expectation is that Bitcoin will reach its peak in September 2025, but the question is at what price?
I know more about Bitcoin than anyone else, so let's take a look at it!
Of course, it's very hard to predict the profit target exactly to the dollar. But we can use strong tools such as FIB extensions, trendlines, and chart patterns to determine the selling point and prepare for the next bear market in 2026.
FIB extension is a very powerful tool. We need to use the LOG version and the linear version of the FIB extension simultaneously because they are both valid. On the left side of the chart, you can see a classic linear version, and on the right side, you can see a logarithmic version of the bitcoin price.
The most likely and successful FIB extensions are 0.618, 1:1, 1.618, 2:1, 2.618, 4,618, and 6,618, where we may find a top and begin a new bear market later in 2025.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
Trendlines are very powerful as well. We have an upward sloping trendline on both the linear and log scales.Take a look at that! On the log scale, we also have an ascending parallel channel that may have significant resistance at the top of the channel as well!
My conclusion is that the next peak for Bitcoin is going to be around 122,000 USDT or around 330,000 USDT. If we reach the first target and the bulls continue higher, then the second target is definitely acceptable!
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A-flat
BTC and ETH are being pumped by Bogdanoff !
The Bogdanoff twins claim they participated in helping Satoshi Nakamoto build Bitcoin. Igor and Grichka Bogdanoff claim to have helped Satoshi elaborate on Bitcoin’s ‘predictive code’.
Bofdanoff twins died in 2022. They were both at the same hospital, Grichka died six days earlier than Igor. The twins also claim to have known Satoshi Nakamoto, the creator of Bitcoin.
There are rumors and conspiracy theories that the Bogdanoff twins can manipulate cryptocurrency prices from the afterlife. Do you think it's true? Let me know in the comment section right now!
Ethereum and Bitcoin are now unstappable, and the FOMO hasn't even started. The fear is still extremely high, and a lot of people believe in lower prices, such as 10k for Bitcoin.
From the technical perspective, you can clearly see a parallel channel on the daily chart that is currently breaking out! This is huge. This channel is also a ZigZag corrective pattern from the Elliott Wave perspective, which is even better!
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
There is some resistance on the way up, of course. All of them are pretty significant, and I believe we will reach 4,080 USDT pretty quickly. This seems to be the strongest resistance, but we will see! I want to see the developing market structure and waves to determine the profit target first.
It's absolutely a pleasure to see that the bulls are back, and I wish you massive profits!
Look at my previous idea about ETH, where I told you to buy it almost at the bottom. Check out the related section down below!
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Who thinks that this January is the best month ever? Let me know in the comment section!
Bitcoin - Last chance to buy below 20k! (lifetime opportunity)
Congratulations to the bulls for this successful start of the bull market! It's really a pleasure to watch these candles.
Bitcoin may give you the last chance to buy below the 20k level, so I hope you are going to take this once-in-a-lifetime opportunity! You can buy on the spot market or leverage long on futures.
It's still possible to retest the previous breakout level of the trendline, which is around 18,300. So this will be your dream entry, and trust me when I say this!
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
So, why do I believe bitcoin has reached its bottom? From the technical perspective, there are multiple indications, and I will tell you all the arguments.
The halving is coming, and usually bitcoin finds incredible strength before and after the halving event. This is statistical data based on historical performance.
Bitcoin is breaking out of the falling wedge, bullish reversal pattern on the weekly chart and also is breaking out of the major trendline established in November 2021 with a successfull retest. Basically, Bitcoin is above all major trendlines on the linear scale.
We have a bullish divergence on the weekly RSI, that has been confirmed recently. All altcoins show huge signs of trend reversal, not just Bitcoin.
As per my Elliott Wave analysis, the downtrend has been completed as an ABC ZigZag (5-3-5 structure). You can see my Elliott Wave count on the chart. We are starting a brand new impulse wave to the upside!
On the way up, there is a lot of resistance. Resistance 1 is almost certainly going to be reached. The next resistance is the 0.618 FIB + 0.618 FIB LOG and, of course, the unfilled GAPS, POC, and the previous all-time high.
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Cardano - Explosion is ticking! Bull flag ready.
ADA is definitely ready for a massive breakout on the major 3D/1W chart! I see a lot of signs, which I will show you in this analysis!
The first bullish pattern is this huge falling wedge, which is very close to a breakout, and you probably want to catch this upcoming explosion!
Also, we can see the previous descending triangle that broke down in fall 2022. Descending triangles occur before the end of the downtrend, so keep that in mind!
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
On the way up, I see only three significant resistances. The first is the previous wave A, because people can speculate on its continuation to the downside to make an impulse wave. The second is the 0.618 FIB on the LOG scale, which is undeniably strong resistance along with the beginning of wave B. And the third resistance level is the previous all-time high.
From the Elliott Wave perspective, the whole downtrend from September 2021 to December 2022 looks like an ABC ZigZag correction. This ZigZag is inside the bullish flag, which is especially powerful. Wave C finished at the 1:1 FIB extension from wave A to wave B and at the 0.5 FIB of the previous bull market from 2020-2021, so it definitely makes sense to me.
Taking profits at the 0.618 FIB appears to be very efficient because after prices reach this level, we can expect sideways price action or a downside correction.
The crypto market shows strong signs of a trend reversal, and I believe Bitcoin could reach around 30k pretty soon! More Bitcoin ideas will be posted soon, so stay tuned, and I wish you great success and happiness!
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XLM Stellar Lumens - 2000% profit on this trade!
XLM is starting a huge bull market right now! 2000% profit is real, and in this analysis I will tell you why!
This is the macro outlook on the 3D/weekly chart. The previous bull market from 2020 - 2021 was very impulsive, and this proves how strong this coin is.
We can clearly see a falling wedge or a bullish flag pattern that is very close to an explosive breakout; you don't want to miss it at all costs!
Furthermore, this pattern is an ABC correction from an Elliott Wave perspective, which is extremely powerful when combined. You want to see a bullish flag with a zigzag pattern inside of it.
What is the profit target? We can use a parallel channel projection to establish the end of the bull market, which is around 2 USDT. It also depends on how fast the uptrend is going to be.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
On the way up, we have a lot of resistance, so check it out; I marked it on the chart. All of these are very significant levels.
There is no full price history of the XLM coin on TradingView, but if you take a look at Coingecko or CoinMarketCap on the LOG scale, then you will see how strong and stable this coin is.
The bull market is starting, and you want to deploy your USDT and buy some great coins, such as XLM, or you can trade futures as well.
This January is like the best month ever, so enjoy it!
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Bitcoin - Please be greedy and FOMO in!
Bitcoin is absolutely pumping heavily right now, and there is not too much time for you to jump in, so you need to FOMO in ASAP and be greedy!
The pump is real, and if you think this is a scam pump and we are going to go soon to 14k, then ...........
The next target for Bitcoin is around 29k! In one of my next analyses, you will see why this is a very important level, so make sure you follow me!
Bitcoin is currently approaching a significant resistance level, which is the 0.618 FIB + start of the FTX dump + start of the GAP. It's possible that the bears will step in temporarily, so keep that in mind!
There is of course a possibility of a retest of the rectangle pattern, which is at 18,400. Also, it's a breakout level of the major trendline from August.
If you haven't seen my idea from January 5, where I told you bitcoin was going to exponentially pump, check out the related section down below. Everyone was bearish back in the day!
There is absolutely no bearish divergence on the higher timeframes, and the uptrend looks extremely healthy and powerful!
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately. I share my trades privately.
If we take a look at the end of the downtrend, we can spot a SFP (swing failure pattern), or someone can also call it a double bottom pattern. The neckline of this pattern is currently breaking out. A trendline from August is breaking out as well.
From the Elliott Wave perspective, we are in the third wave of the third wave, which is the most impulsive phase. Also, you can see my Elliott Wave count on the chart, so check it out.
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Bitcoin - Exponential pump, right now! (must see).
I know more about bitcoin than anyone else, and I am telling you that this bear market rally will be huge! But at the end, it can be destructive.
Bitcoin is absolutely prepared for an exponential pump to 38,981 USDT! In this analysis, I will tell you why, so keep reading, you don't want to miss it!
First of all, a major impulse Elliott Wave has been completed (69,000 -> 15,476), and people are calling for 13K, 10K, and 6K. I think it's definitely possible to reach these low levels, but first we should have a bullish ABC retracement (correction), and I was looking for an optimal retracement level, which is the 38,981 level.
Why 38,981? It's the 0.618 FIB retracement of the major impulse wave + the last GAP that needs to be filled + the previous consolidation structure's POC. This is the strongest level, and it's the open gate to a new all-time high.
Unfortunately, this is going to be a bear market rally, and after we hit 39k, we could continue in the bear market and fall down to 6k–10k to complete this bear market.
If you want Bitcoin to grow exponentially, hit the like right now!
The volatility index on BTC is at an all-time low, which suggests an exponential move is likely. I think the move is going to be to the upside because there is not enough fuel to go down. The falling wedge is a huge barricade, and the bears don't want to go against it. So for the bears, it's better to transform into bulls and ride the bear market rally!
Have you seen that huge green dildo on Solana? It's an indication of a trend reversal not only for this coin but for the whole crypto market.
What's more, if we take a look at the RSI indicator on the weekly chart, we can spot a bullish divergence, which is a very strong indication, especially in the crypto market. All markets move differently, and the crypto market follows the RSI and the Elliott Wave theory much more than others.
Anyone who tells you that his strategy or bot works on all types of markets, such as forex, stocks, crypto, and commodities, is most likely lying to you. A bot that is profitable on forex is absolutely not profitable on crypto.
I post trade setups privately. This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing.
A 131% pump from the current price is likely, and it's time to fill your bags with altcoins if you trade on the spot market. Otherwise, you can open a leveraged position on bitcoin on the futures market. Personally, I am a futures, options, and spot trader. I want to take advantage of all of these products.
Look at my extremely important idea about "Bitcoin: All of the Reasons Why the Bottom is Near (in)" from November 13, 2022 in the related section down below; you must see it!
Thank you, and for more ideas, hit "Like" and "Follow"!
ApeCoin (NFT) is pumping thanks to Donald Trump! (massive)
APE coin looks very strong at this moment, also thanks to President Donald Trump and his NFT collection. That is also great news and an important catalyst for the NFT coins, such as the APE coin.
APE coin is currently breaking out of the falling wedge pattern on the daily chart! The main downtrend wave has been completed, and now we are looking for a bullish retracement.
How far could the APE coin go? Well, I am personally selling APE coin at the strong resistance, which is the 0.618 FIB or monthly resistance + GAP (10.5 - 11.3). My entry price is 4.112.
I share my trades privately. This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing.
From the Elliott Wave perspective, unfortunately, this coin still looks pretty weak. We can spot two corrections: wave 2 and wave 4. This appears to be an impulse wave, implying significant selling pressure and the possibility of another major crash in the future.
APE is a great coin to trade on the futures market because it's highly liquid and there are a lot of opportunities. You can short APE at the 0.618 FIB, and this is exactly what I am going to do later!
The crypto market is very bullish at this moment, so I am not shorting anything and am only going long.
Thank you, and for more ideas, hit "Like" and "Follow"!
Ethereum is about to explode! (brutal)
Let's celebrate with me this massive upcoming pump on ETH! The chart is now extremely bullish, and in this analysis, I will tell you why!
As you can see, the price is printing an ascending triangle on the daily chart. Ascending triangles are very powerful, especially at the bottom of the downtrend!
From the Elliott wave perspective, this triangle is a nest with 2 impulse waves, which we can label waves (1), (2) and Waves 1, 2. This is definitely not a corrective pattern in this case.
I am sure you have seen the huge dildo on Solana; what if I tell you that something similar may happen to ETH? I predicted this exponential pump on SOL 3 weeks in advance, so check out the related idea about SOL down below!
We have a tremendous unfilled gap between 1352 - 1448, and the market wants to fill this gap, which gives us high confidence in this upcoming move.
On the way up, we have basically 4 resistances. The first is the 1448 0.618 FIB + FTX dump, followed by the parallel trendline, the previous POC, the start of the GAP at 1545, and the 1680 monthly / weekly high. These levels are good for intraday trading.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
Two scenarios are now possible. We will spend more time consolidating in this ascending triangle, or we will break out very soon!
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Shiba Inu is breaking out! Take a huge profit here.
Shiba Inu is absolutely prepared for a massive uptrend on the daily chart! We can see that the price is breaking out of the falling wedge pattern.
This falling wedge pattern is not a standard wedge because it is also an ending diagonal from the Elliott Wave perspective, which is a powerful combo.
Also, on the RSI indicator, we can spot a bullish divergence between the swings. It's also a strong indication that the bears are losing steam.
It's a great time to open a long position on the futures market, as I already did!
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
Now the most important question is: where is the profit target? On the way up, you obviously want to target strong resistance.
Strong resistance is undoubtedly the start of the previous GAP + top of the parallel channel, and if the bulls break this level, the previous consolidation structure's POC will be reached. You can see these levels on the chart!
If you haven't seen my analysis about Bitcoin's exponential pump, then you must, so check out my related section down below.
December was an extremely good month when it came to opportunities in the crypto market, and January is starting very positively as well.
Thank you, and for more ideas, hit "Like" and "Follow"!
BTCUSDTwave 2 flat 335/wxy wave structure.
SL at the invalidation point of a wave 1 at 17050
target 16300
Guidelines
• A corrective 3 waves move labelled as ABC
• Subdivision of wave A and B is in 3 waves
• Subdivision of wave C is in 5 waves impulse / diagonal
• Subdivision of wave A and B can be in any corrective 3 waves structure including zigzag, flat, double three, triple three
• Wave B terminates near the start of wave A
• Wave C generally terminates slightly beyond the end of wave A
• Wave C needs to have momentum divergence
Fibonacci Ratio Relationship
• Wave B = 90% of wave A
• Wave C = 61.8%, 100%, or 123.6% of wave AB
Ethereum - Big overview of the bear market.
The bears are in full control because ETH is below the two major trendlines and also below the 200-day moving average.
We have a FTX GAP between 1545 and 1352. This gap was caused by a huge panic sell-off of traders due to the collapse of the FTX exchange and by CZ Binance, who tweeted that he was not going to buy FTX as he wanted. This gap can be filled, but of course it doesn't have to.
Also, there is a 0.618 FIB at 1415 + the top of the yellow trendline + the 200-day moving average, which is another strong resistance. The bulls need a lot of strength to break this zone, and even if they are able to do it, there is another white trendline, which is the top of the parallel channel at around 1800. It's hard to say if the bulls will be motivated enough to break it.
I don't want to be bullish about this strong resistance, but we can definitely touch it, no problem. At this moment, my trades are only short-term swing and intraday trades, so I am not thinking about buying any coins for the long term.
I still think the bear market will continue in 2023 because other coins look extremely bearish, including Bitcoin.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
As you can see on the chart, the price is moving in two parallel descending channels. The top trendline of the first white parallel channel has only two touches, so the third touch should be rejected strongly.
This is a bearish Elliott Wave count, and we are currently at the 3rd wave of the 5th wave. I suggest continuing lower to complete this impulse wave.
I would love to buy ETH for around 250 - 300. I believe it is possible to get there, based on other assets such as stocks. TSLA, META, NTFLX, etc. are experiencing the biggest crash in history. And ETH is also, basically, in the IT sector.
If ETH drops below the key resistance of 1073, I expect a huge flash crash to the bottom of the descending channel.
Overall, I am bearish, and we may definitely see some relief rally. But don't get rekt by the main resistance I mentioned earlier.
Look at my idea about SOLANA (exponencial growth) in the related section down below.
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Solana - Exponential growth, right now!
Solana looks extremely strong at this moment, and it looks like we will have an explosive pump! But it has already begun.
From a technical perspective, we need to retest the previous blue trendline, which is at 29.8 USDT. It's also the point of control for the previous price action. This is the first profit target, and I recommend selling SOL here.
The second profit target is more advanced. There are a lot of stop losses above the wave (4), so the market might find enough strength to get there. It's at 48 USDT.
In my previous analysis on Solana, I recommended buying SOL at 8.6 USD, so check out my previous idea in the related section down below for more details.
The chart is printing a broadening falling wedge on the weekly chart, and there is definitely the possibility to touch the top of the wedge in the immediate short term!
This analysis is not a trade setup; there is no stop-loss, entry point, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
As per my Elliott Wave analysis, the major impulse wave from the previous all-time high has been completed successfully, and at this point we should look for an ABC retracement to the upside.
I see a lot of signs that Solana has temporarily bottomed out on lower timeframes. The strength is currently incredible.
Counter-trends tend to be steeper, so there is a possibility of hitting my price target at warp speed.
If you want to trade Solana intraday, it's definitely a good opportunity because the volatility on this coin should be insane. I recommend only longs.
Thank you, and for more ideas, hit "Like" and "Follow"!
Solana - Buy here for a 452% PROFIT! (Best level)
You are wondering why SOL is falling drastically and maybe where the best level to buy is. In this analysis, I will show you!
Technically, this coin is very weak. The downtrend is steep and very impulsive, no doubt about it.
But it is also a great opportunity for buyers to speculate on the midterm long position. But first of all, we need to find the best level for it.
Fibonacci is a very powerful tool, and we can use the confluence of the FIB retracement and FIB extension to look for a level where there is likely to be a trend reversal point.
We need to take a FIB retracement (LOG FIB) from the previous huge uptrend from 2020–2021. We can see that 0.618 FIB is at 8.52 USDT. 0.618 FIB is, of course, the strongest FIB level.
Also, we need to take a FIB extension from wave 3 => 4 to predict a fifth wave. There is a pretty good chance that the trend reversal point can occur at the 1:1 FIB extension, which is around 8.74 USDT.
Because we have a very strong fibonacci support between 8.52 and 8.74 USDT, we can place a buy order here and wait for the price to reach this level!
Sounds pretty easy, doesn't it? I think we should see a lot of buyers here, and we can expect a major rally with a potential profit of 452%!
If you bought SOL at a higher price and you want to get out, then it's good news for you! I don't have any SOL at this moment, so I am waiting for the price to come to me!
The price is moving in the descending parallel channel, and this is also a great opportunity to buy SOL at the bottom of the channel, so we have another confluence to buy SOL!
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
I hope you guys will take this trade! Take care.
For more ideas, hit "Like" and "Follow", right now!
Binance 80% CRASH! Black swan crypto event.
Fundamentals first. Binance Exchange is losing customers; that is a fact that everyone knows. The huge scandal occurred just before Christmas, but it looks like people have already forgotten what happened.
What is causing Binance Exchange to lose customers? First of all, Binance Exchange itself is banning users all around the world for no reason. My friend got banned before Christmas, 1 day after he opened a short position on BNBUSDTPERP futures. I received a lot of messages from people all around the world saying they received an email with a permanent account suspension. Half of them could withdraw their funds; the other half could not. So if you received this email and you don't know why, Binance Exchange can ban you without any reason, just if they want to.
There is a conspiracy theory (not verified) that Binance cannot have a monopoly on crypto; bigger players refuse to accept this fact, so they need to reduce it by force.
I think Binance is a great exchange, the most liquid exchange. But these are facts that everyone can verify.
BNB coin is currently worth 245 USDT. In my opinion, the price is very expensive at this moment, due to recent scandals and lost customers. 50 - 100 USDT is a fair price to me; I am not willing to pay more for the coin.
If something is too big, it will destroy itself, so there needs to be competition. Monopoly is not a good thing.
I want to give you some tips: do not short BNB directly on the Binance exchange if you don't want to get permanently banned like my friend.
The best option is to store your cryptocurrency in a hardware wallet such as Trezor. And use only a portion of your funds on exchanges to trade spot or futures. Leverage is good because you don't need all your funds and will transfer the risk to the exchange. Together with "stop limit" orders, you can trade very effectively even with a small amount of your funds on exchanges.
Binance CEO Changpeng Zhao (CZ) said on Twitter that "for most people, for 99% of people today, asking them to hold crypto on their own, they will end up losing it." In other words, if you hold crypto on your own, you will lose your funds, so you should hold all your funds on exchanges. I was shocked when I saw this. He made this statement during the massive bank run on his exchange, giving the impression to others that he was threatening people and convincing them that their funds are safe only in his exchange.
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Now let's take a look at the technical analysis, which is the main reason why I am bearish on BNB. Both the technical and fundamental analyses are bearish.
The uptrend from June 13, 2022, to November 7, 2022, is clearly weak. It's an ABC corrective pattern, which is usually followed by a massive crash.
80% crash to 48 USDT is, in my opinion, very possible. Everything is going down, including META stocks, TSLA, etc. So if you believe in the future of Binance, 48 USDT is your desired price.
You have no idea how much BNB people accumulated in previous years or how many leveraged long positions on futures are open. The market usually wants liquidity.
The price has been moving in the descending parallel channel, and we can retest the channel from the downside.
As per my Elliott Wave analysis, the whole structure looks very weak. The first impulse wave appears to be an ending diagonal wedge. The bulls are not interested in this coin.
48 USDT is a very strong support because it marks the beginning of the massive gap from 2021 as well as the breakout level of the previous structure from 2020.
I am very bearish on the crypto space, not just the BNB coin, as you may have seen from my previous posts.
Binance is the most liquid exchange and CZ Binance did a great job bulding it.
Thank you, and happy New Year!
GOLD - This is brutal, no one expected it!
Don't be surprised if you wake up in the morning to see a massive red dildo on the gold chart breaking down the wedge. In my opinion, it's very likely.
GOLD is absolutely ready for a massive downtrend; it's going to happen very soon, so I hope you are prepared for it!
We can clearly see a rising wedge on the 4h / daily charts, which is also an ending diagonal wedge from the Elliott Wave perspective. This indicates that the bulls are losing steam.
The question now is, "How deep is the retracement going to be?" First of all, we should completely wipe out the wedge and also test the unfilled GAP, which is at the 0.618 FIB retracement. There is a parallel channel projection, so this is a good level to profit from your shorts.
I marked this whole uptrend as an impulse Elliott wave pattern, which suggests that gold can potentially go much higher later next year. This is my bullish scenario, I also have a bearish scenario, that I will post sometimes, maybe in January, so follow me and hit the like!
Maybe gold will be a good hedge against the upcoming recession. I think the bull market on the dollar is not over yet, and we are going to see new highs on the DXY index.
Thank you, and have a good one!
Bitcoin - The bottom will be here (89% chance)
I am telling you that the bottom on Bitcoin will be between 9600 - 10300 USD and I expect Bitcoin to reach this reversal zone in summer 2023!
You can place your buy orders here because the reaction on this level will be extremely high, so you can also buy/long BTC for a 50% profit.
The worst-case scenario for Bitcoin is to hit the bottom of the huge channel on the LOG weekly chart, which is unfortunately between 5200 - 5800 USD. But I think it's not going to happen.
If bitcoin falls below 5k, a lot of exchanges will be out of business because customers will leave the crypto space. 99% of people will be out of crypto, and it doesn't make too much sense. In crypto, there is a lot of money to be made for big players. They want crypto to rise as well.
On the weekly chart, Bitcoin has been moving in this massive ascending parallel channel with 5 touches. It's a valid channel on the LOG scale.
Volatility on Bitcoin is at an all-time low, and this should last until we find the bottom.
9600 - 10300 USD is a very strong zone because it is the 0.618 FIB of the previous impulse wave and also because there is an unfilled GAP.
As per my Elliott Wave analysis, the downtrend that started in November 2021 looks impulsive, so there is a high chance to go lower to complete the ABC retracement.
ETH could reach 250 USD and BNB could reach 48 USD. It's a very strong level for these coins that you will see in my next ideas, so follow me and hit the like!
Thank you, and happy trading!
XRP - Whales will start buying XRP here. But first a 55% DROP!
This head and shoulders pattern on the weekly chart is almost ready for a breakdown, so this is your last chance to sell XRP and save your money!
On the other side, it's a great opportunity to short XRP on the futures market, as I already did at the top of the right shoulder (see my previous idea)!
But be careful; XRP is the beast, and I know XRP very well, more than most other people. Overlaps between waves are common, and movements can be difficult at times, but they are doable.
If you ask me when moon for XRP? I can tell you that after we hit 0,1 - 0,09 USDT, the whales will start buying massively.
The whales are going to send XRP to the moon! And I am telling you it will be massive; you don't want to miss it, so hit the LIKE if you think I am right.
But let's be realistic; this is the biggest bear market in history, and it's better to buy XRP at a cheaper price.
XRP is stuck in this parallel channel on the weekly chart, and the bears are in full control. There are no signs of a trend reversal at all. No buying alerts from whales
As per my Elliott Wave analysis, this downtrend is so incomplete. We are in the middle of the bearish trend that started on April 13, 2021. But we are basically finishing the downtrend that started in 2018.
It can take another 1-2 years for XRP to bottom out. XRP is ranked 6 on CoinGecko, which is pretty impressive.
Transactions on XRP are extremely fast and extremely cheap, so it's a pleasure to use it for payments. But it's not a digital gold nor a store of value and will never be, this can only be Bitcoin.
Thank you, and for more ideas, hit "Like" and "Follow"!
Bitcoin - Secret pattern no one is talking about!
Bitcoin is bearish on higher timeframes, but on the 4-hour chart, BTC could reach 17,300–17,550 in the near term!
There is a massive opportunity to short Bitcoin at the top of two parallel channels or at the 0.618 - 0.5 FIB! We can go straight down to 10k after we reach this important level.
From the Elliott Wave perspective, it makes sense to complete the C wave to the upside. There are many shorts that must be eliminated before bitcoin experiences a historic crash!
The previous uptrend from November 21 to December 14 was nice, but unfortunately, there are a lot of signs of weakness in this particular move. Example: There is an overlap between wave W and wave X.
It looks like a WXYXZ triple-three (ZigZag) corrective structure. The subwaves look like zigzags, not impulses. That's why I am being a little bit pessimistic about this previous uptrend.
I post trade setups privately. This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing.
15487 is the next major support, and I believe the market wants liquidity below this level. All stop losses should be hit first, and then I expect a bullish pullback. I will inform you in my next analysis, so make sure you follow me!
It's better for Bitcoin to crash to 10k immediately, so we can eventually start a new bull market sooner rather than later. Probably the last thing you want is for Bitcoin to slowly rise to 21k–30k and then dump to 10k.
Check out my related idea about "Bitcoin - Merry Christmas!" in the related section down below; you don't want to miss it.
I think we will see more major players capitulate, so stay safe! There is an opportunity to wipe out big players out of the game now or never.
Thank you.
Microsoft - 2016 Trendline is breaking down! 43% CRASH.
First Netflix, then META, TSLA, and now MSFT!
The major trendline from 2016 is breaking down with a successful retest. This is not looking good.
MSFT is still pretty strong compared to others, but the question is how long it can last.
The next support is the base trendline from 2009. In this case, a 43% crash is possible. I don't see any good, strong support above the trendline.
If we take a look at the MACD indicator, we can see that the histogram is very negative for the first time in a long time. It clearly broke the major uptrend.
As per my Elliott Wave analysis, this whole uptrend is done. MSFT's uptrend was brutal, as it always is, but the impulse wave has been completed. Now we are looking for a retracement.
The previous all-time high from 2000 is pretty much the worst-case scenario, just in case it starts to free fall like META. Buying Microsoft on this support is a once-in-a-lifetime opportunity.
We are experiencing a historical crash in stocks and crypto. A lot of investors get rekt and it will be even worse. Great to be alive or not? :D
I am not here to spread negativity, but I cannot pretend that everything is bullish. I don't want anyone to lose money with bad investments, but when the big players decide to crash the market, no problem for them.
Thank you.
Sideways movement on EURUSD continues Sideways movement on EURUSD continues
Only two days left before Christmas and the sideways move continues.
Long- term trades and big lots are not recommended at this time of the year.
Therefore, you should wait for the situation to clear.
We’ll watch for pullback at the upper side of the range.
Ethereum - Bears will shutdown ETH! Short here.
The price of ETH is moving into brutal resistance, and the bears are waiting patiently to shutdown ETH to lower levels!
It's going to be very extreme because the resistance is huge! I will tell you why in this analysis.
It's the previous structure's POC + 0.618 FIB + the previous trendline's breakout level + the start of the GAP.
As per my Elliott Wave analysis, this whole structure looks very complex and corrective. I would love to see some capitulation and a strong rebound, but it's not happening.
What's more, the downtrend from December 14 to December 19 looks totally strong and impulsive. It's the main direction of the trend, which is bearish.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
So my plan is to short ETH once it reaches my specific resistance. I am telling you, it will be a massive rejection!
If the ETH/BTC pair falls below the main support level, ETH can effectively free fall relative to Bitcoin. But this is a different chart and a different analysis.
I don't even know if ETH can reach the strong resistance; we will find out very soon!
Thank you.