The Monero XMRUSD Road Towards the Megabull - Up to 3,000% GainsHello All!
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Although the historical data is very little on Monero, this simple comparison seeks to compare the Megabull of 2017 against the current 2021 Megabull as seen as the blue fractal on the chart. The idea here is pretty straightforward, and like I said before in previous publications "History Doesn't Repeat Itself, but It Often Rhymes" and in this case I expect an action not similar but close enough.
Short-term, Monero has still not broken the previous ATH at $478~ so buying know at $315 is still an early entry.
In the incoming weeks, I would expect Monero to start defining a bull parallel channel or ascending channel on our log channel in the incoming months which will be the road to either the $4,000 first Megabull target or the second Megabull target at $10,000-12,500 around Oct-Dec 2021. Privacy coins like Monero and DASH tend to be very popular during the Megabull and offer such generous gains.
Summary of the Megabull / Bull Market Targets by Oct-Dec 2021:
$4,000
$10,000-12,500
Looking at few years from now, we can expect a multi year bear market to form a rounding bottom at $1,660-1,460 on Monero.
Assuming you purchase Monero close to the $315 levels, you still can make a maximum of 3,000% gains if this trade plays out as expected.
Best of luck and happy trading!
Carl M.
Megabull
The Overview of the XRP Megabull to $34-40 with 30,000% GainsSup 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 for a 60,000% gain but lets see in time what makes most sense by end of 2021 as we get closer to November-December 2021.
Hit the like button and the follow button if you like this idea and check our profile for other recent setups for ADA, LTC and ETH and many more!
Best of luck and happy trading!
Carl M.
Inverted Triangles and Megaphone Patterns , Discretion advicedLOOKS LIKE Inverted Triangle and Megaphone Pattern is in the making In such kind of pattern one can see new high and new lows so you can think of those megaphones or bull horns kind of patter. Under which making new high constantly new lows constantly pattern kind of widening out
This pattern itself is very hard to find they don’t setup that often , you can see depending on the timeframe once a week once a month , may be once a year if you are looking at the big time frame so they don’t happen very often but when they do they are very very powerful , so the big thing behind is we need to see the actual price action setup meaning that we need a two highs and two lows so that we can connect together so in this case we going to have a high and high to low and low that’s the important part of this the more you have the better but you need at least 4 points so once you got that 4 setup then we can look at taking the side of the trades so basically what you want to do is price comes at the either side of low or high , one can become a buyer or seller.
Bitcoin Following the Short-term Fractal from 2017Hi everyone!
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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 $56-57 and fail then chop its way down in sideways to finally put a last sell off down to the optimal long-term buy/long area located in few weeks around the 1W Bollinger Midband or 21WEMA at either:
$45,000-44,000s
$42,000-41,000s
Place your orders there and chill out.
1D Bitcoin Short-term Chart:
Best of luck and happy trading!
Carl M.
Previous short-term Bitcoin successful calls:
Ethereum is in a Short-term Broadening WedgeHello All,
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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 observation, nobody is talking about the 7 back to back bullish 3D candles seeing on the 3 Day timeframe:
Finally, check out our Ethereum long-term chart on Tradingview. The Ethereum All-Time-High (ATH) should be around $28,000-31,500:
Happy trading!
Carl M.
The Litecoin LTCBTC Road Towards the Megabull - Up to 450% GainsHello 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 fractal on the chart. The idea here is pretty straightforward, "History Doesn't Repeat Itself, but It Often Rhymes" and in this case we expect something on that note with LTCBTC being a great Buy/Long at 0.004100-0.003850 and if it gets there in the next few days 0.003200-0.002500 followed by a breakout sometimes around February 22-25 if timing is still a thing or similar to 2017 (green arrow). From there we would expect a strong surge and big 400-450% gain on this trade towards the previous resistance/sell/short block of 0.0200-0.0250.
Buy/Support:
0.004100-0.003850 - HIT - I loaded here already
0.003200-0.002500 - If it gets here I will load some more
Sell/Resistance:
0.0200-0.0220 - Sell 75%
0.0230-0.0250 - Sell 25%
This is a game of patience and holding folks just like our successful DOGE trade was. VIA will also be a hold.
DOGEBTC
VIABTC
Best of luck and happy trading!
Carl M.
The Overview of the ZCASH ZECUSD Megabull to $2,500-2,800Sup everyone!
There is a possibility that ZCASH or ZECUSD reaches an ATH (All-Time-High) in this 2021 Megabull at $2,500-2,800 which would be a whopping 10,000% from the the $21 bottom as seen in my green projection. Of course higher is also possible but if needed I will update this chart near October 2021.
Technical analysis wise we do see ultra TWO bullish long-term bull reversal patterns via a (1) double bottom at $25-19 and a (2) rounding bottom (in blue). This sums it up nicely, the bear market is finally over and the bull market is on!
Buy/Support:
:white_check_mark: $25-19 - HIT / Double bottom
:arrow_forward: $56-50
:white_check_mark: $93-89 - Late risky buy - HIT
Sell/Resistance:
$112-123
$210-225
$405-423
$765-800 - Previous ATH
:arrow_forward: $1,500-1,600 - Rounding bottom textbook target - Sell 10-15%
:arrow_forward: $2,500-2,800 - Megabull Target - Sell 100%* (subject to revision/readjustment if it warrants it as we near October - December 2021)
Hit the like button and the follow button if you like this idea and check our profile for other recent setups for ADA, LTC and ETH and many more!
Best of luck and happy trading!
Carl M.
The Weekly Overview of the Cardano ADAUSD Megabull to $5Hello All!
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This is a simple idea to show that the Cardano ADAUSD pair will in my opinion reach $5 roughly this 2021 Megabull as seen in my green projection. Technical analysis wise we do see ultra TWO bullish long-term bull reversal patterns via a (1) double bottom at 0.025c and a (2) rounding bottom. This sums it up nicely, the bear market is finally over and the bull market is on!
Buy/Support:
0.03800-0.03500 - HIT
0.0300-0.0258 - HIT
0.51-0.45c - Late risky buy
Sell/Resistance:
$1.30-1.40 - Previous ATH
$2.70-2.75 - Rounding bottom textbook target
$5 - Megabull Target 1 - Sell 100%* (subject to revision/readjustment if it warrants it as we near October - December 2021)
Best of luck and happy trading!
Carl M.
Is VIA on the Verge of Making Another 10,000% in Gains?Hi everyone!
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Gear up for the VIA Megabull everyone. Time is up and it is time to rocket up. If you notice from the blue fractal especially post-Bitcoin halving, the green arrow marks the time when VIA is about to start rallying and compared to 2017 we are just starting to break up too! Back then from the lows it did a 10,000-11,000% in gains!
Buy/Long:
:white_check_mark: 0.00001000-0.00000760 - HIT
:arrow_forward: 0.00002000-0.00001800 - Late risky buy
Sell/Resistances:
Sell/Short:
0.000665-0.000700 - Sell 25%
0.000820-0.00103 - Sell 50%
0.001450-0.001500 - Sell 25%
Stoploss: 0.00001400
Best of luck and happy trading!
Carl M.
Bitcoin following the Bull Fractal of 2016Hi everyone!
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Since our last short-term chart, Bitcoin clearly bottomed at the 1D Bollinger Bottom Band at $30,500-29,500 which was a great buy/long. But some weakness presented itself on Friday and Bitcoin could not find the strength to break up to 35,600 before the weekend. This is just temporary hence the detailed chart I am presenting you.
So to compliment the previous short-term chart, I have another fractal to present that came to mind yesterday after waking up from a good night of sleep which is the fractal of 2016 with a similar short-term top and sell off. The fractal points to a potential double bottom at $30,500-29,500 around January 24 through 28 then the continuation of the Megabull slowly and gradually as we head up to $35,600-36,200 then eventually within a month or so to $60,000-62,000.
Best of luck and happy trading!
Carl M.
Bitcoin Bottomed at $31,000-29,500 Time to Run up test the ATHHi everyone!
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Bitcoin clearly bottomed at the 1D Bollinger Bottom Band at $31,000-29,500 which is a great buy/long. Time go up test $34,600-35,600. I think we will break it and retest the ATH at $42,000 and even exceed it hitting temporarily $45,000.
The Megabull resumes sometimes near April towards $55,000 textbook target of the ascending triangle.
Best of luck and happy trading!
Carl M.
Bitcoin Following the Fractal of June - September 2019Hi everyone!
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This is just an extra side alternate scenario that will most likely fail since fractals eventually tend to fail. Pretty much an extra to my main short-term idea I published yesterday:
So anyways I had an epiphany earlier this morning and my photo memory made a link to the top action back in June - September 2019. So I had a look and overlapped the fractal over our current action and "voila" we have some kind of similar action there wit ha giant bearish H&S and descending triangle . I am not saying this plays out to the letter, no since the action back then was a Bear Market versus now being in a Bull Market or Megabull I think we see Bitcoin break this fractal quite easily within days or weeks since the fundamentals are strong.
Fun thing anyways, lets see when or when it breaks.
Best of luck and happy trading!
Carl M.
The Weekly Overview of the Litecoin LTCUSD MegabullHi everyone!
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Here is an overview of the Weekly Litecoin LTCUSD fractal on the log scale in preparation for the Megabull which triggers officially once the ATH around $350-370 is broken shortly in Q1 2021.
The log scaling is usually the best to use to clearly put an emphasis on the bull and bear cycles. Further more, log cycles coupled with the correct patterns and indicators can also help us outline accurately enough the cycle tops and bottoms to buy or sell at as I have labelled them for the current Megabull cycle.
Currently you can notice that Litecoin has completed a long-term bull reversal of the entire bear trend thanks to the following bull reversal patterns:
- Rounding bottom
- Double bottom at $26-22
I have overlapped the previous Megabull's fractal so we can gauge and compare the current bull market against it time and price action. Their will be with certainty be differences between then and now but we are looking in the end to also spot the top of the Megabull near November-December 2021 to sell at near the top of the long-term bull parallel channel.
:arrow_forward: For this Megabull cycle, Litecoin has three sell targets:
$2,300-2,400
$3,700-4,000
$4,900-5,200
Best of luck and happy trading!
Carl M.
Ethereum about to blow off towards $2,760 Short-termHello All,
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This is a simple chart to show that since our last chart about Ethereum not having closed a Weekly candle below $580 was spot on along the parabolic fractal I had published back then (see idea on tradingview below):
Currently, as we near the ATH I see the next prominent short-term target as being at $2,700-2,760 with a $100+- margin of error which is the textbook target of the long-term bull reversal rounding bottom pattern shown on the chart.
The long-term final target of the Ethereum Megabull has also been revised to $28,000-31,500 roughly which I will publish soon. Stay turned and hit the Like and Follow button!
Happy trading!
Carl M.
The Weekly Overview of the Ethereum Bull MarketHello All,
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This is a simple chart to show that Ethereum has yet to close a Weekly candle below $580 or the blue support line (previous resistance). Hence the wicks we see below that level. This suggests that buyers are strongly stepping in at the buy/long range of $580-525 and buying any dip presenting itself before the next rally towards the ATH at $1420 roughly which will likely happen in Q1 2021.
Once the ATH is reached and breached, the Megabull is on for Ethereum with a computed final target somewhere around $10,000.
Happy trading!
Carl M.
Bitcoin Potentially hitting $100,000 around January 31st 2021Happy New Year everyone!
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Since my last chart and update on Tradingview seen below, we precisely hit $33,000 as my blue fractal showed. But in this publication, I wanted to lay the ground to my alternate Megabull fractal /plan I have been also watching for few months now which is the purple Megabull fractal that points to $100,000 by January 30-31st 2021!
The $100,000 Megabull purple fractal by end of January 2021 would activate on a break out past $35,000s and confirm with a hit of $38,000.
Should this play out, then I would look to sell/short with some Bitcoins at $95,000-110,000 around January 31st with the aim to rebuy/relong on that steep crash down to $27,500-23,500 .
Make no mistake $100,000 in that case would still NOT be the final top of this Megabull run, you will still need to hold strong for 10-11 more months until we reach the final top of the Megabull around End of November / Early December 2021 which in that purple scenario would be around $321,000-440,000.
Best of luck and happy trading!
Carl M.
Is DOGE on the Verge of Signaling the Altcoin's Bull Market?Happy New Year everyone!
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DOGE is typically a good indicator on when ALTS will have an uptrend or Megabull. The last time Bitcoin broke the ATH back on February 2017, DOGE fired up the ALTS Megabull too back then by having a big rally towards 0.00000180-0.00000200. Will this time in early 2021 be the same on the ALTS which for most have failed to launch in an ALTS season and strong bull run beside Ethereum, LINK, Litecoin and a few others? Lets see in the next few weeks what happens and read up below:
At this time DOGE seems to have found a bottom at 0.00000015-0.00000020 which is good buy area to try buying some for the long-term for those who which risking 1-5% in.
Buy/Entries:
:arrow_forward: 0.00000015-0.00000020 - Buy/Long here - See stoploss
Sell/Resistances:
0.00000081-0.00000085
0.00000100-0.00000110
0.00000120-0.00000127 - Sell 25%
0.00000145-0.00000150 - Sell 25%
0.00000180-0.00000200 - Sell 50%
Stoploss: 0.00000014
Chart:
Best of luck and happy trading!
Carl M.
On the Verge of an Euphoric 12 Months of Bitcoin Megabull AGAIN!Merry Christmas or Happy Holidays All!
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For those who have been following me for many years, I successfully predicted back in 2015-2016 the Bitcoin Megabull to $10,000+ and I covered it through 2017 on the below chart until close to the end while many doubted the run would ever occur:
Now as crazy as it may seem, Bitcoin is about to do it again as mass adoption goes to another level with wallstreet and companies investing heavily in BTC ( Microstrategy , Paypal etc.). Hence I will be using this chart to cover the Megabull through 2021. At this moment, I have updated our earlier Weekly chart with an extra purple fractal that would kick in, in case the blue fractal with the bullish parallel channel is broken to the upside and faster first Megabull plays out towards $90,000-100,000.
Both dual fractals provide Megabull final tops/sell/short ranges somewhere between either (all good sells):
$200,000-250,000
OR
$321,000-440,000
Make no mistake, you will need to hold strong for 12 months until we reach the final top of the Megabull around End of November / Early December 2021.
Consider this idea VOID/FAILED if Bitcoin breaks the bull channel's bottom support currently at $15,500-16,000.
Best of luck and happy trading!
Carl M.
Previous ideas: (please like and share)
Bitcoin Monthly Overview of the Megabull:
Bitcoin Weekly Overview of the Megabull:
Ethereum Weekly Overview of the Bull Run so far:
The Monthly Overview of the Bitcoin Megabull CyclesMerry Christmas or Happy Holidays All!
Please hit the like bottom at the bottom right corner and hit the follow button for more charts and updates.
A simple chart overview for my followers the Bitcoin Monthly in 2011 to 2020.
Currently as you may have noticed we have completed a 3 year old bear market and now launched a bull reversal on the Monthly chart after completing a rounding bottom bull reversal (blue half circle) as we did at each previous cycle.
Also notice that the Monthly Bollinger Bands have squeezed and already released to the upside for the bulls confirming the start of the megabull! The direction is confirmed to the upside now and it is time to hold again and sell November/December 2021.
We see now that Bitcoin is launching once again towards a new Megabull with targets being:
$200,000-250,000
OR
$321,000-440,000
Best of luck and happy trading!
Carl M.
The Weekly Overview of the Bitcoin Megabull CyclesHello All,
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It seems that some Tradingview moderator wiped out some of my previous 6-7 charts due to house rules so I will publish with straight to the point TA and analysis.
We have exceeded our bull ascending triangle target at $23,000 which means we are heading much higher. And I mean even much higher than my initial call of $25,000-27,000 after revising my charts:
I think Bitcoin is heading to $29,000-30,000 then we top there.
We are defining the new Megabull bull parallel channel for the next 12 months similar to a 2017 bull parallel channel in the Megabull. So at this moment, be patient and let the channel define its top and bottom!
In my opinion there will be a great buy/long opportunity on the pull back from $29000-33000 down to 23000-21000 in March to touch its bottom support of the channel them we run higher to $55,000-60,000.
Happy trading!
Carl M.
Viscious Wall Street Bulls on the MEGAPHONE!So, Corona is on everyone's lips but how long will it keep the raging bulls from taking charge?
Any signs of, mitigation measures against the pandemic will provide massive reprieve for the fallen giant DOW Jones!
It may as well have begun....
The image above shows a classic MEGAPHONE in a bullish trend, We have just jumped out of the bear trap, cannot say it's over, but when it does, it will be viscious, the momentum will obliterate the alarms.
I'll be looking to cut my Short positions and prepared to begin the "Long" return home :)
Will you Join me?
Potential Next Bitcoin Megabull Cycle towards $200,000Please hit the like bottom at the bottom right corner and follow us.
Here is our roadmap towards the Bitcoin Megabull of 2021 based on our Weekly Log Chart.
As long as our log bull parallel channel holds along the 1W midband now at $10,200 (or 21WMA for others) I expect Bitcoin to keep grinding higher and higher in the incoming months due to the limited supply following the Halving. Bitcoin's supply experienced recently a supply shock from 12BTC mined per block to only 6.5BTC, making Bitcoin scarcer than ever.
Many metrics also shows that institutions have sent most of their Bitcoin holds off the exchanges for storage which is a bullish sign that they do not expect the market to experience anymore a strong downside but quite the opposite a stronger uptrend to develop past the previous ATH at $19,892.
Finally, the Bollinger Bands simultaneously on the 1W and 1M timeframes are squeezing tight indicating a big move incoming after December 2020 past the ATH at $19,892. Historically the only time this happened simultaneously on the 1W and 1M timeframes was back in April 2016 after which the bull market took us to the ATH then a Megabull.
The anticipated Megabull targets are:
$130,000-150,000
$200,000-220,000 (Higher probability)
Note, this idea assumes no "big" stock market or great depression type of event in 2020-2021. Should any of these occur then consider this idea VOID as they would delay the Megabull by at least 3-6 months.
Good luck and happy trading!