MIGI to $4 Dollars - QUICKLY#Bitcoin Miner
Can explode upwards quickly.
Extremely beaten down. But can recover just as quick.
Currently massive Bollinger squeeze as it takes out key resistance levels.
Meltup
DOW 41k, YOU'RE GONNA WANNA PAY ATTENTION TO THIS PRICE TARGET41k is a massive resistance price target
meaning, it is likely to hit allowing exits at profit.
If it hits there is potential to see it bounce around even as high as 54k in a short term, but ultimately, at some point it will need to retest the lower end price targets.
If it were to do that sooner rather than later, it allows for a more natural growth in the price.
Meaning, there is a lot of potential to see the price melt up from 41k and then keep going.
OR more likely, there is a lot of potential to see a drop, possibly even a steep drop from 41k.
Either way, the downside takes us around 20% and then as high as 40% down from 41k.
I included 9k as a potential target, but I don't think we see baring a nuclear bomb being set off on the moon, but anything is possible.
All in
Mark Cuban, Sold stake in Mavs
Jeff Bezos, Sold Amazon stock
Warren Buffet, Sold Apple
Ryan and Carl, Buying BBBY
Multiple sports teams for sale, sold or being shopped
Massive deals everywhere
If you need any more signs that a top is near, with potential to crash hard allowing for a buy the dip scenario. Here is a small sample of it.
#NFLX Targets for the Meltup in equitiesI have called a couple real big pattern moves on #Netflix
so on todays mega rally
I take a quick look at the potential price projections that may or may not end up occurring
I am not a guru or price forcaster
i just draw lines on charts like always
Your Risk
Your Reward
But i am someone who does highlight Risk i.e. downward prices when I feel/see that might be a possibility
Yes I know
this game is not easy.
I believe in a $100K Bitcoin Christmas...do you?
We encountered a peak fear period last week.
And altcoins have taken back all gains if not more.
YET
I remain bullish.
Call me what any name you want.
I believe in $100k BTC by the end of the year.
And onto my top target zone of $123k-150k
What's next for #NVDA ? I see $1200+Lovely continuation pattern
$1000 is going to be reclaimed today
And with a potential 20% upside. Expect momentum to help push this thing to these projections.
Best of Luck
Make the most of the meltup!
SP500 - #SPX melt up targets for cup and handle pattern.BLUE SKIES
Would you have believed it
If you were told a year ago.
When every expert was predicting a recession.
(which will come of course but when no one is expecting it )
So the conditions are set for a melt up
I believe #Bitcoin bottoms very shortly maybe this week or next
(grab some bitcoin miners!)
ENJOY THE NEXT few months!
#CNBC will trumpeting SOFT LANDING
Investors will believe interest rates are falling because of low #Inflation
Which is when the next slowdown will hit.
This cycle has been crazy and hard to follow the main trend.
The stimulus was unprecedented
Remember this cycle started in 2009... 15 years ago
We are near the end!
But first SPX to smash 5000 and than potentially we hit that 6000 number
c3.AI #AI Cup and handle, indicates the mania is still to come!And doesn't it have the best ticket to capitalise on the AI investment blowoff top mania phase.
We have seen it so many times now.
The chart pattern is still forming off course.
It gives you a roadmap, doesn't it.
Polar ExpressStand in front of the train if it suits you. Going ATH, irrational meltup. Logic and reason are irrelevant.
Get ready for a massive blowoff top. Going to da moon!!
So many posting; 'Get short!' 'I'm short!' 'Big Dump Coming!'
It is not dumping, it is pumping. If you stand in front of Santa's Polar Express you WILL get run over.
Merry Christmas to all, and to all a good night.
[UPDATE BTC] BItcoin/M1 vs GOLD. Do you see it?M1 has caused problems for us BROTHERS. The current market divided by M1 resembles the gold market during a bear market, but it is happening three times faster due to the digital age. Based on this model, BTC may reach 35,000$ in 2023, undergo consolidation until the halving, and then drop to 8,000$ before beginning a new macrocycle.
It is important to note that this is only one of my models and should not be taken as definitive.
[UPDATE BTC.D] What if?Many think we are going straight down but what if we see this kind of fake down fake up distribution before?
Again, look at the similarities with the past cycle.
End of 2022-Beginning of 2023? It could.
[UPDATE ETH] I said it multiple times.These are the 3 scenarios.Again:
- yellow = consolidation for another week --> quick break up (2000-2300) --> quick flash down (1000-1500) --> $750 end of the year
- grey = same as yellow but slower
- red = melt up --> quick 5000$ --> quick down --> final deflationary bust in 2025 (300-500$)
% of probabilities
- yellow = 70%
- grey = 20%
- red = 10%
[UPDATE ETH/BTC] What if?Many think we are going straight down but what if we see this kind of fake down fake up distribution before?
[UPDATE FTM] Nothing to say. Macro Deviation or still in a rangeFantom is interesting. Let's see what it can do. In this case, It depends only on BTC.
[UPDATE TOTAL2] Nothing to say. Break up fast or go down fast.We need to be ready for the worst case even in 2023. Stage 2 might finish soon. Then stage 3 and stage 4.
If we break up fast, we could avoid stage 3 for some time more.
Melt-up Scenario for the rest of the year and Q1 2023BTC starting to manifest Wyckoff spring after the last manipulation and heading for expansion toward > 70K $ price value by march 2023 or earlier.
[UPDATE UTK] A lot of alts are going to do this in November?UTK move:
1) as soon as we cross 0.15 --> 0.20 is fast in my opinions
2) my gut tells me 0.20 is going to be easy, so the next natural target is 0.24
3) we can have a deviation on the upside up to 0.32 if BTC behaves in November
This is true for UTK and for many other alts.
[UPDATE ALGO] A lot of alts are going to do this in November?Algorand move:
1) as soon as we cross 0.38 --> 0.43 is fast in my opinions
2) my gut tells me 0.43 is going to be easy, so the next natural target is 0.50 which is the mid-range (macro)
3) we can have a deviation on the upside up to 0.70 if BTC behaves in November
This is true for Algo and for many other alts.
Dr. Copper: Melt-Up Has BegunMassive daily green candle broke out of 3-month pennant and gaussian channel after bouncing off multiple moving averages, most importantly the 200 week SMA. The move also has the highest volume since March. Long RSI trend has been broken too. Back in July, I called for a bottom and an accumulation phase for copper (See Below). It played out. Price needs to take out the August high to confirm that it's out of accumulation phase, but with such strong momentum, it wouldn't be surprising if price disrespects it on Monday next week.
SPX may retest 2018Megaphone @3500 or 2009 channel@3kAs I’ve warning several times that the worst is not yet over despite many bear-market rallies, SPX was rejected by the blue dotted midline of the upchannel from 2009 & was unable to fill the downgap near 4k which instantly became a resistance now.
BEWARE: lower lows are coming with SPX barely holding a previous low @3820, a FIB 0.382 retracement from pandemic low. The next strong support will be 3500, the FIB 0.50 level, a 27% drop from ATH. 3500 is a confluence of 3 impt FIB levels. Besides the 0.50 that I mentioned, it is also the 1.618 FIB ext of the 3820 abc relief rally & the 0.854 FIB ext of the 4117 Feb 24 invasion low abc relief rally. 3500 is also the projected zone where SPX may retest the green 2018 Megaphone top.
WORST CASE SCENARIO: If my green support zone @3400 to 3500 fails, then 3000 to 3200 (yellow zone) will be the maximum pain zone. 3200 is the FIB 0.618 retracement from pandemic low. This yellow zone is also the projected area where SPX may come to retest the red 1995 TL or the blue lower side of 2009 upchannel.
This big ABC capitulation phase will end wave IV sometime near 4Q2022 & the last melt-up rally of wave V may end somewhere in the 5100 to 5400 zone near the top of the upchannel around middle of 2023.
Not trading advice
[UPDATE BTC] Lengthening cycle with decreasing returns: Q4 2022?The improved weekly BBW indicators suggest a BTC top in Q4 2022.
[UPDATE BTC.D] 34% first in July (trap). Then 29% in Oct (final)It's happening. Look at the similarities with Tornado Cash pattern below
I believe we are gonna see a very short and fast bear trap in July for altcoins (immediately after BTC reaches an ATH). A very quick dump to retest the 40% BTC.D
I then forecast as I said since 2021 a potential final altcoin melt-up during Sept and Oct 2022 where we can reach 29-30% during a bitcoin consolidation phase
[Update BTC] How many times do I have to draw the same thing? Back in 2021 I said twitter.com --> Many are saying "this is like the 2013 bull run". Many are saying we are in a lengthening cycle and the bull run will end mid-2022 but....what if we are still in 2012? That means the mega triple-peak bull run could end sep-dec 2023.
What I meant back in 2021 was…what if we see something like this?
Bears have been posting Amazon charts for months but no 🐻 is contemplating this kind of scenario and drawing (69–>26–>80–>12).
These scenario would screw both bears and bulls.
