Doge Megabull targets $2-3 by November 2025 - Up to 3,000% gainsHi everyone!
Today, lets dive in the technicals and boom and bust cycles of Dogecoin:
Short-term:
Doge will likely for the rest of the 2024 year remain in sideways and bound in the wide range delimited with the:
Support block (green box) at: 0.056-0.036; and,
Top resistance block (red box) at: 0.11-0.16c.
In the incoming days / weeks, I am expecting doge to rally (a bit similar to the blue fractal as reference) towards the top resistance block (red box) at 0.11-0.16c which would be a great opportunity to take a little profit off the table there. There is a chance that doge retraces down from that resistance block to the 0.07c support block again which would be a great rebuy in 2024. I do not anticipate lower target unless there is a black swan even, but I do not expect any currently.
Midterm:
There are clear patterns that repeat across Crypto on altcoins which I always point to for those familiar with my charting and in this case doge is clearly displaying those bottoming bull reversal patterns although still unconfirmed:
(1) Basing with a double bottom at 0.056-0.036c
(2) Rounding bottom (half blue circle)
Long-term:
Dogecoin has still not broken the top resistance block (red box) at 0.11-0.16c and is still very far from breaking the previous ATH at 0.74c~.
So buying know at 0.088c (see the WE ARE HERE arrow) is still considered an extremely cheap entry and you could still make a whopping 3,000% in gains if my 2025 forecast plays out as expected and we see Dogecoin top at either T1: $2 or at T2: $3 by October 2025 through December 2025.
Looking further ahead at the next bear market of 2026-2027 and based on the repetitive boom and bust cycles of doge and crypto, we could expect the final bottom to shape a nice rounding bottom bull reversal and double bottom buying opportunity at 0.61-044c!
Closing Notes:
This multiyear Dogecoin chart is my attempt at forecasting the action of doge for the next 4 years and will be updated regularly.
Please give a like and follow to this chart if you appreciate this chart and the work put behind it.
Best of luck and happy trading!
Carl M.
Bitcoinguruhq
Cardano ADA targets $13 by November 2025 - Minimum 2,000% gainsHi 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 probability as the bulls are lagging a bit behind. It is likely that the test of the ATH would come much later in Q4 2024 or Q1 2025.
Midterm:
There are clear patterns that repeat across Crypto on altcoins which I always point to for those familiar with my charting and in this case ADA s clearly displaying those bottoming bull reversal patterns although still unconfirmed:
(1) Basing with a double bottom at 0.262-0.219c
(2) Rounding bottom (half blue circle)
Long-term:
ADA is still attempting to break the top resistance block (red box) at 0.60-45c and is still very far from breaking the previous ATH at $3.10 which may come much later in Q2 2024 as mentioned earlier.
So buying know at 0.58c (see the WE ARE HERE arrow) is still considered an extremely cheap entry and you could still make at minimum 2,000% in gains if my 2025 Megabull forecast plays out as expected and we see ADA top at either T1: $13 or at T2: $20-23 by October-December 2025.
Looking further ahead at the next bear market of 2026-2027 and based on the repetitive boom and bust cycles of ADA and crypto, we could expect the final bottom to shape a nice rounding bottom bull reversal and double bottom buying opportunity at $2.75-1.90 (more or less previous top holding as support and a good 83% drawdown from the T1 ATH).
Closing Notes:
This historical multiyear chart is my attempt at forecasting the action of Cardano for the next 4 years and will be updated regularly.
Please give a like and follow to this chart if you appreciate this chart and the work put behind it.
Best of luck and happy trading!
Carl M.
The Solana SOLUSD Road Towards the Megabull - Up to 2,000% GainsHi 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 following my analysis for the past 10 years on Tradingview and old or recent publication, is very common in Crypto and Altcoins to do:
(1) Adam & Eve at $14-8
(2) Rounding bottom.
Solana has still not broken the previous ATH at $275 so buying know at $109 is still considered an early entry and you could still make a whopping 2,000% in gains if this trade plays out as expected and we top at/near $2,000 by October 2025 through December 2025.
In the incoming days / weeks, I am expecting to see a strong rally (a bit similar to the blue fractal which represents the Gold cycles in the past 10 years~ for reference) towards the previous ATH resistance block at $275. I believe that thanks to the Bitcoin ETF recent approvals by the SEC, Crypto is now mainstream and that we should see enough momentum to break up higher and hit $400-350 as a fake out before we pull back down and consolidate between that resistance and the support block at $150-100~ for the rest of the 2024 year.
Looking further ahead at the next bear market of 2026-2027, we can expect the final bottom to shape a nice rounding bottom bull reversal and double bottom buying opportunity at $150-100!
Best of luck and happy trading!
Carl M.
2018 vs 2022 Comparion of Bitcoin Bear MarketsHi All,
Hit the Like and Follow button before we get started!
This comparison of the Bitcoin 2018 vs 2022 bear markets will surely trigger some OGs and influencers out there that have been uber bullish and wrong all the way down calling a bottom at 49-50K, 45K, 39-40Ks then 37Ks and finally 34-33Ks. Special mention to the "on-chain" so called experts who use on-chain lagging indicators and the other fear/greed experts to give wrong calls as well.
But this is straight to the point, we have the exact patterns and sentiment from Feb 2018 compared to Feb 2022!
- Falling Wedge
- Higher low observed
- Short-lived dead cat bounce or relief bounce
- All OGs screaming back to ATH and $33-50K and refusing to acknowledge they have been wrong all the way down!
Note: This idea gets invalidated with a move to 48K+
Happy trading!
Carl M.
Check out my previous analysis
Bitcoin About to CRASH! This happened THREE times in the past 10 Years!
What would happen if Bitcoin extends into a Longer Bear MarketHi everyone!
Please hit the like bottom at the bottom right corner and the follow button for more charts and updates.
Should Bitcoin close a Weekly candle at or below 40K then it would extend the current short-term Bear Market into a longer one which would bottom on February 21 at the amazing buy/long level of 21-17K.
The major reasons for this setup to play out following a Weekly close below 40K are:
1. The expectation that the US Dollar will keep surging in the coming months, which in return will temporarily keep putting sell pressure on the commodity market as well as Bitcoin, Crypto and Gold.
2. The aggregated funding rates on Bitcoin across all the exchanges remain positive which means we are not yet near a bottom (no safety net)
3. Bitcoin is trading below the 21W EMA or 1W Bollinger Midband now at $53.2K since early December 2021 which historically means that Bitcoin is in a longer Bear Market.
4. We have broken below the long-term Weekly parabola and also bull log parallel channel
5. The majority of traders across almost all exchanges like Bitfinex and Binance are all long while shorts are low, couple that with point (2) we could see a liquidation cascade of all long positions across all exchanges should Bitcoin be pushed below 40K.
Should this setup fail, then that would mean that Bitcoin broke up past the top of the falling wedge at $45.6K by next Friday and for that I have published the plan here:
Best of luck and happy trading!
Carl M.
Bitcoin Weekly Bollinger Band Head Fake Bull Reversal SetupHey guys,
This is a quick update in regards to the latest Bitcoin price action following my earlier Weekly update.
For those who have not subscribe yet to my chain simply hit that Like and Follow buttons to receive the latest notifications/updates.
Last week in an earlier update, I warned that closing below the 1W midband at 48.4K would send us much deeper to two important buy levels:
34-35Ks
31-29K or the Weekly bottom band
These two levels were just hit in the past 6 hours from which Bitcoin bounced hard from to 41-42Ks!
Now that we tagged the buy/long 31-29K bottom of the Weekly Bollinger Band, there is a possibility of seeing a large scale bull reversal through what John Bollinger calls a Bollinger Head Fake. What's a Bollinger Head Fake?
A Bollinger Head Fake is a rapid reversal in price direction that most often occurs after a Squeeze, usually on high volume and at a Bollinger Band.
As of now the Weekly Bands have started to squeeze and the bottom band has been tagged. The expectations in the next few weeks is to see a fast reversal of the price action back above the 1W midband at 48.8-49K towards either 55K or 63-64K (ATH) preferably before the Monthly candle closes on May 31st as shown using the 2017 blue fractal.
Once fulfilled then I believe we can see Bitcoin grind up towards the ATH by August and have a last bull run towards 250K+ by Dec 2021
NOTE: Should the Bollinger Head fake fail to reverse the trend in the next 2 weeks and the Weekly Bollinger Bands Squeeze resolves to the downside with a sell off below 28K (or below the bottom bollinger band), then I expect a much longer Bear Market at hand which would test the previous top as support at 20Ks.
Happy trading!
Carl M.
The Stellar XLMUSD Road Towards the Megabull - With 5,500% GainsHey all!
Thank you for the amazing feedback and comments as I continue to publish more ALTSCOIN charts during my free time! For those who have not subscribe yet to my chain simply hit that Like and Follow buttons to receive the latest notifications/updates. Here is another highly demanded coin to chart: "Stellar Lumen" or XLM, lets have a quick look of the potential targets of this coin in this Bull Market or Megabull!
If you are wondering if you should purchase/buy/long XLM here at $0.70c, I would say YES since it only gained roughly 1,500% since the 0.04c lows from the Bear Market which had a double bottom bull reversal back in 2019.
I believe that you or anyone could still make roughly 2,500% to 5,500% gains if XLM goes from 0.70c to either $18-20 or $38-40 by year end which is possible based on my bull log parallel channel. How could it be possible you ask?
Well there is a lot of "dumb money" flowing into the Crypto Market, more than any other Megabull run market we have seen in the past as the world embraces digital currencies through mass adoption. A simple look at DOGE that went from 0.0018 to 0.75c with a whopping 40,000% profit in few months is enough evidence that anything is possible in Crypto at this early stage of this bull run which has easily another 6 months~.
Anyways here is what I expect in the incoming weeks, I would expect XLM to rally on the rumor of the consensus and XLM Network upgrade which would hit the top/sell 5-10% target of the bull log parallel channel first at $2 (a great short-term sell area) by May 24 - 31. After that expect few months of sideways in the bull log channel before it starts rallying again by August to $7 then by year end it will reach the first potential top of this bull market at $18-20 or my second final potential target of the Megabull at $38-40 on Nov-Dec 2021~.
Summary of the Megabull / Bull Market Targets by Dec 2021 - Jan 2022:
$7-8
$18-20 (2,500% gains from 0.70c)
$138-40 (5,500% gains possible from 0.70c)
Looking ahead at the next bear market of 2022-2024, we can expect the final bottom to shape a nice rounding bottom at 0.90-0.70c~ which would be our potential buy/long target then!
Best of luck and happy trading!
Carl M.
Overview of the Bitcoin Megabull's Parallel Bull ChannelHi all,
This long-term chart is building up on previous ones I shared on Tradingview before about Bitcoin being delimited between the top and bottom of the bull parallel channel on the log scale. So far if this was the bottom at $47.7-48K then the channel's bottom has held and we are ready to grind up and go into sideways to $54.5K-59Ks until May 4-5th before we start grinding up to $120K~ by June 5-6 which would hit the top of the bull channel at that time.
I still think that Bitcoin will end up performing a dual bull run in 2021 with the first top somewhere near $120-140K top of my log-parallel channel (see charts) by June 6 -July 7 then a mini bear trend with a potential bottom at $75-65K followed by the last bull run with a top near $300-440K by Nov-Dec 2021.
Here is a zoomed in linear short-term chart of this chart for reference:
Megabull final ATH targets to sell at before the Bear Market starts:
$120-140K - Sell 10% and withdraw to bank account
$200-250K - Sell 20% and withdraw to bank account
$300-440K - Sell 70% and withdraw to bank account
Best of luck and happy trading!
Carl M.
The Overview of the ETHBTC Megabull to 0.080-0.10 by June 2021Hi guys!
On to my newest publication which I think will interest many watching ETHBTC currently.
Please hit that Like button and follow me to show support this simple chart showing Ethereum to reach on the ratio the sell target of 0.080-0.10~ by end of May - Early June 2021 which would be the perfect sell.
In this setup, my assumption is that Bitcoin would be at roughly still in sideways around $65,000~ into May while ALTS and Ethereum rally hard making big gains. Thus, if ETHBTC is at 0.08 ~ then in theory ETHUSD should be at $4,800-5,200~ which would be precisely the top of my ETHUSD log bull parallel channel on my long-term chart:
Best of luck and happy trading!
Carl M.
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Check out my other publications:
Monero XMRUSD
Ripple XRPUSD
Ripple XRPBTC