This short-term action reminds me of a trap in 2018 at the $6,000-7,300 range~, where we were in a giant rising wedge (similar to the one were in today). Expectations are that Bitcoin will move up from $68,300-69,000 support to $73,000 by March 30 then rug pull everyone prior to the Monthly close. The sell off would take us to $64,000-63,000 initially then...
This Gold Fractal overlayed on Bitcoin's multiyear cycles has been extremely helpful in forecasting more or less the price action of Bitcoin when coupled with liquidation levels and other valuable indicators and classic technical charts patterns. In my opinion, Bitcoin has bottomed at these levels (I highly doubt we ever see below the 1W Bollinger Band at $38,000...
This chart is a zoomed in/short-term version of the below idea I published few days ago outlining the Gold Fractal overlayed on Bitcoin and the fact that I am expecting we see the bulls take us to the ATH at $69,000-73,000 by March 10, 2024 which will be an amazing area to take some solid profit at as I do not believe we go much higher than it (maybe max $80K if...
Hi all, This is a revised Ethereum ETHUSD chart with updated targets through the end of the Megabull which will end around October-November 2025: The blue fractal on chart is an approximate path which I have created to estimate roughly the Ethereum price action in 2024-2025. It is based on my analysis of previous cycles. Short-term Ethereum is exhibiting...
Hi everyone! In this publication, we will dive in the technicals and boom and bust cycles of Cardano or ADA : Short-term: ADA will likely hit $1.17-1.24 in March 2024 and pull back down to retest the previous top as support at 0.69-0.59c ~ which would be a great buying opportunity if it comes along. Reaching the ATH could be possible but currently is a low...
Hi everyone! Here is one of my biggest positions in my portfolio, STX, which I have been holding since early 2023 and staking it. Other big investors like Tim Draper are extremely excited about Stacks and Bitcoin L2s, so hit up that Like and Follow buttons and now lets dive in the technicals: Short-term and Mid-term, STACKS or STX is exhibiting relative bullish...
Hi everyone! I have more ALTS charts about to get published in the next few weeks, so hit up that Like and Follow buttons to receive the latest notifications! Now lets dive in the technicals of Solana: Short-term and Mid-term, Solana is exhibiting relative bullish strength as it is completing two bottoming bull reversal patterns which if you have been...
Stacks NASDAQ:STX is exhibiting relative bullish strength after reclaiming the resistance block (seen in red) as support. Similar to 2020, currently it is completing two bullish reversal patterns of the trend such as a: (1) double bottom at 0.23-0.19c and (2) rounding bottom. Once NASDAQ:STX rallies towards the top resistance block of the rounding bottom at...
Each time #Bitcoin showed weakness below the Monthly Bollinger Midband in 2014, 2018 and 2020 it corrected 40-60% which marked the final bottom of the bear market. 2022 is similar, set buys at: 40%: $23Ks 50%: $19Ks 60%: $15Ks
Hi All, Here is my backup bull plan in case my theory that we will see Bitcoin test 34-32Ks and eventually 21-17K by February 2022: If the bulls are successful at defending the 41-39.6K support successfully into next wee, look to buy the back test of the falling wedge's resistance as support at $45.6-44.2K should we confirm the break out by January 17-22. Note...
Hi everyone! Please hit the like bottom at the bottom right corner and hit the follow button for more charts and updates. Here is my updated overview of the Weekly Ethereum ETHUSD Bear and Bull Cycles on the log scale. It seems at least for now the Megabull trend expired for Ethereum as expected around December 2021 with a top at $4,800-4,900. Now a Bear Market...
Hi everyone! Please hit the like bottom at the bottom right corner and hit the follow button for more charts and updates. Here is an overview of the Weekly Ethereum ETHUSD Bear and Bull Cycles on the log scale in preparation for the Megabull which triggers officially once we blast off the $1,420 ATH (All Time High) in the next few days or weeks. The short-term...
Bitcoin has broken the the long-term 1W Bollinger Midband at $53.2K a week ago and was unable to recuperate above which marks either a (1) short-term bear trend or (2) a longer Bear Market at hand. It is not clear currently which of the two we're looking at but short-term Bitcoin is bound in a falling wedge. The top of the wedge will be tested at $49.5-50.5K...
A big hello to the XRP army out there! This chart is for you. The chart speaks for itself. It is a direct comparison of the previous 2017 Megabull versus the current action and as you deduce, the setup is pretty much similar: XRPBTC is breaking out past the top of the blue falling wedge signaling a bull reversal of the entire bear market. Confirmation of this...
Sup everyone! After the positive news today for XRP following Judge Sarah Netburn's statement during the Ripple-SEC Hearing, I see now the big a possibility that Ripple reaches an ATH ( All-Time-High ) in this 2021 Megabull at $34-40 which would be minimum 30,000% from the the 0.14c ~ bottom as seen in my blue projection. Of course higher is also possible to $80...
Hi everyone! Please hit the like bottom at the bottom right corner and hit the follow button for more charts and updates. I have been eyeing this alternate Bitcoin fractal from the 2017 Bull Market compared to the current action. After bottoming at the 1D Bollinger Bottom Band at $50-49Ks we can expect Bitcoin to run up to the 1D Bollinger Midband/Resistance at...
Hello All, Please hit the like bottom at the bottom right corner and hit the follow button for more charts and updates. This is a simple chart to show that Ethereum is in a short-term broadening wedge. In addition, the 4H 6H 8H 12H 1D Bollinger Bands are ready for a big move to the upside to at least $2,700-3,000 textbook target of the rounding bottom. Extra...
Hello All! Please hit that Like button and follow us to show support and keep receiving updates as this chart will be updated frequently since I have a big bag of LTC that I am waiting to flip to BTC at the right time. So lets read on! This is a simple comparison comparing the LTCBTC Megabull from 2017 against the current 2021 Megabull as seen as the blue...