Possible Cup and Handle patternLets see if this pattern plays out. i think we will be consolidating from 40k to 50 k for about 3 months and then this thing it is going to pop after 700 days from last halving.
ATH
BNBIf BNB fail to hold this support level then next support zone will be 440-450$, put a pending buy order there, if price drop then most probably your buying order can be picked, for long term i am looking BNB around its previous high or 700$ zone
SANDSand a metaverse project, right now making a symmetrical triangle, after breakout its price can be appreciated up to 11.2$, new ATH, at its next bullish rally, not a financial advice, make your own strategy for trading
Precise date for the top of this cycleI thought a bit and found that the cycles are indeed getting longer.
First cycle duration is 367 days from the halving date to the top. Halving date was 28th of November 2012, date of top was Nov 30th 2013.
The second halving was on July 9th 2016, the top on Dec. 17th 2017. Cycle duration thus 567 days.
So: Every cycle is now either 159 days longer than the previous one, or 1.43x longer, should this lengthening ratio continue.
This would put the top for this cycle to March 27th 2022 (+159 days each cycle) or June 4th (x1.43 each cycle).
I think the top will be at the full 4.236 fibo extension at 300k. I made an overlay of the previous rally from August 2020 to May 2021.
The result fits pretty well with the fibo extension and also with the timing.
Let's see if this is correct.
If yes, most altcoins will see their top earliest in April 2022, or even as late as July 2022.
We will soon find out if this theory is correct :)
Idea for the the next 30 days! 4H chart LUNA Hello crew,
Luna has been trading in an ascending channel for the last 4 weeks, forming a Bake & Retest Pattern like it happened accouple of weeks back.
We are also in the oversold area on the RSI meaning that we might see a reversal in the next week
Saying all this I would look at going long and placing trades at $90
Further more if we have enough volume to break out the resistance at $97 "I think It will" due to the start of the new year, we might go for a new ATH $120-$140
Always wait for confirmation in markets like this, as we can't predict %100 the following trend.
Happy Trading everyone!
(No financial advice)
DISCLAIMER
The trading ideas, analysis, and comments above should not be considered financial advice or recommendation to trade or invest in any financial product. Your personal situation has not been taken into consideration in the trade ideas. This page is for general educational purposes only. Do not buy or sell any product discusses on this page before doing your own research. Always do your own analysis and research and be aware of the risks involved in trading any financial product :)
The ATH of CRO against BTC?2020 could be considered the last time we made new ATH figures, ignoring the early days.
In terms of BTC, CRO has resisted its ATH, now again in 2021Q4. When will this figure be broken in terms of BTC and new ATH made?
When shall we see the valuation of CRO to be 20e-6 BTC when the current valuation is about 12e-6 BTC per CRO?
Scenarios:
1. Now a short accumulation and then to new ATHs in terms of BTC ----> CRO would start to behave more like an oscillator against BTC, a good thing
2. No ATH made in CRO against BTC, a little worrying sign where it would make more sense to use BTC than CRO as a store of value and use CRO only as an utility coin
Ideas?
Rally Near Exhaustion?Santa came and the rally goes on until Happy New Year. Then... what?!
An impulsive movement looks to be close to end run. Passed the first Fibo, can pivot anywhere in zone. Near overbought.
After a correction back to former resistance, expect a final parabolic nutty runup. Until the first rate hike.
Not investing advice, just a warning... probly close to rollover after the mad dash.
What if?Two different scenarios for BTC. First a drop? After a reverse? New ATH? Wait and see what the institutions, banks and whales decide.
BTC can make new ATH in 2022Good bye 2021 and welcome 2022, in BTC you can see double top on monthly and weekly charts so price can be reversed 38-58% ( MACD also shows loosing in momentum) reduction in price can be temporally seen but if you see strong fundamentals, institutional investments, mining projects and a huge amount of holdings and stacking its price can be appreciate at the value of 100,000$ to 220,000$ , have a look at the history of Bitcoin
2018: -76%
2019: +88%
2020: +328%
2021: +70%
2022: mean of last 4 years (102%)
which means price of BTC can be expected upto 98,000$ approx as average ratio , i am not a financial advisor but i want to recommend you to hold some crypto besides trading because i saw a hidden power in crypto holdings. I wish BTC and all crypto markets bring countless joys and happiness for all of you and your families, best wishes
Elliott wave 5th target is around 63k!!We need bitcoin to start taking small steps like getting above 21 WEMA and start making new HH. With S&P making new ATH and Dow almost as well, is a positive sign for bitcoin imo. i strongly believe soon we should see a new HH and continue with the bull run. The bulls will take over 2022 :)
ETH / BTC Weekly- long term trend analysis
- upside breakout of immense descending triangle
- break above 200 MA would be even more bullish
- RSI is solid even after recent gains
- doubt this will happen, but: All time High is the target
BTC HTF LOG + Fib TimeThought this was an interesting view of BTC in HTF on Log with a Fib time that appears to line up nicely.
Based on current PA, don't believe it will hit bottom of the channel. However, $20K-$23K level is looking potentially ripe for a bottom, before another parabolic move upwards for ATH over long term.
Would prefer BTC to move down sooner than later. This to me would indicate a stronger long-term bullish market, imo.
2021 Historic Year for the Stock Market!Today marks the proper new All Time High for the stock market index ETF AMEX:SPY (futures hit a new ATH last week).
With this event I did some research and found that this is the first and only year in history to do so. Other years of 1994, 2014, and 2017 had only 11 ATH months.
I'll take this opportunity to throw some shade: if you follow Furus (Financial Gurus) that churned out constant content all year about how the stock market crash was imminent the New Year is an opportunity to prune some negativity and bad ideas.
Key area for Verasity (VRA) to break on the Bitcoin (BTC) pair.The area between 0.0000009450 and 0.0000009650 seems like a key level to break here for a potential VRA breakout to all-time highs. KUCOIN:VRABTC
CTXC/USDTPerfect accumulation all time frames are bullish !
Invest in early gift me back then 🎁
Will soon pump here to ATH !
Good upgrades coming for Ctxc and will make a pumo here !
See all times frame perfect accumulation !
BTC PathI think this is the future path for BTC:
1- Up to 52900
2- Down to 38550
3- Up to new ATH more than 100K
Best Regards
Alireza Dayya
DASH Waiting For Money To Flow In - 1100% Just To Its 2018 ATHDASH is one of those forgotten coins, or so it seems like. I remember being above 1k in 2018. Even though it has not had the chance for a rally yet, i believe it will happen eventually as there is a lot of money in BTC and ETH to be rotated out of into the laggers enclouding DASH. It has 1100% just to its previous ATH. I specifically turned on linear scale for you to see just how undervalued this asset is.
I am not a financial advisor so non of this shoud be taken as a financial advise. Be Well.
KRAKEN:DASHUSD
Road to 90$I have analysed this coin 2 months ago when it was under 10$ but I still see in $RMRK a good profit opportunity:
- 400M Mcap
- 10M supply (95% circulating)
- Deflationary
- Same token for $DOT & $KSM
- Lands will be sold only in $RMRK
- New listing soon
- Mentioned by Coinbase as one of the best metaverse projects
What else? It's just a matter of time ;)
Bullish Continuation after Retrace from ATHAfter LUNA made a new ATH and establishing a break of structure on lower timeframe, I'm entering on a pullback to participate in the anticipated continuation of bullish momentum. Targets defined by Fib Extension: levels 1.27, 168 and 2. Will trail the stop along the way and manage this position moderately aggressive.
AVAX LOOKING BULLISHAVAX Breaks $128 then we can aim for a ATH and I can see $192 @ 1.618
This will complete the 5th Elliot Wave.
Being one of the best Layer 1 projects my long term target is $650.
AVAX is also leading the new DEFO 2.0 and huge super trend DAO.
NFA.
Does BTC prepare for new ATH?Trying to learn, as I perceive BTC is preparing for new ATH when exploring historical data.
MBOXFor short term profit these target can be achieved by holding MBOX token and for Long term holding your target can be 22$
MBOXMarket is going to make strong bullish bed here, According to Fibonacci Retracement these are the targets to be achieved in next days. Market is in Extreme Fear so it means it is perfect time to buy and should be hold till 80+ Greed level to get perfect profit right here, don't be afraid to buying here and avoid panic selling if you buy at high rates, just hold and enjoy
