Is it time for a run to 259k?Unique structure and indicator patterns. Haven't been able to find much for backtesting it against prior cycles.
Found similar patterns. One was in a downtrend of 2017, and the other was in an uptrend as seen in this chart. Since we're currently in an uptrend. I would argue that we'll follow suit.
Considering that we've followed 2013 and 2017 July/August fractals pretty well, it doesn't make sense to me that we have a bullish Sept... but
I'm the backtest king so... I'm going to stick with the data & say up up & away.
259k idea below in link to related ideas
Moon
ETH MOON PUMP (super bullish )ETh BOOM BOOM CANDLES. Also super bullish BBWP to expand to the upside along trend continuation
Probably too good to be true... shower thoughtsWhen we had capitulated in May-July, I was measuring every fractal possibility known to man. One of them had similar characteristics in the price action, fib levels, and indicator patterns. That fractal is the final capitulation of the 2017 cycle. Then I thought... why not compare an alt-coin like LINK back to that time as well... and you get something kinda intriguing. The timing isn't 1 for 1, but the patterns are undeniable. Who knows... maybe we rocket from here after all? Sept isn't known to treat any markets well, but I wouldn't be surprised to ... be surprised...
Food for thought... also check related idea
Dogecoin to the Moon?Here's my not financial advise analysis on DOGE:
Dogecoin has had a majorly bullish year, though in recent weeks we've seen what resembles more of a downtrend than an uptrend which makes it hard to tell where we're going.
Fibonacci retracements offer support but are only really useful when there’s a clear trend (bullish/bearish).
We are now approaching moving average resistance levels as well though and if Dogecoin manages to pull through we might see a more gradual upward trend emerge, for risk tolerant investors it's all aboard the rocket ship.
XRP moonshot $161. Macro analysis from 2014-2021 with confluenceXRP really seems to have been in its own cycle and patterns this entire time. We are just over ~420 bars since the high earlier this year. It was at this same point in 2018 where we went to ~$3.22 ATH. Using fib analysis beginning in 2014, we see the cycle top was the green 50.618 fib having its orange 0.618 of that respective smaller cycle at the green 30.618 fib, occurring over about a 2 month window of time from March-May 2018. The bottom of that cycle was the orange 1.618 from 2014. You can see the confluence between the macro cycles when comparing the macro fib channels.
This gives us three important levels for XRP.
XRP top will be at the orange 50.618 fib -- $161.
XRP bottom will be ~5 or the orange 1.618.
XRP key support will be at the orange 3.618 fib .
XRP 0.618 retrace will be at the orange 30.618 fib - or $95.
Last chance for ALTs - particularly DEFIComparable to every other cycle, but more precisely last August into September.
Many DEFI coins have been far oversold relative to the rest of the market recently
This gives them room to run if BTC decides to follow a similar price action leading into September .
I say last chance - but this is obviously relative to the part of the bigger cycle that we're in. Assuming we reach higher highs later this year and perhaps into next year.
LINK ATH SPECULATIONIf you're here to call out "so many lines bro", you're clearly a fkn idiot and should stop doing/reading TA.
Orange is Fib based trend, Red is Fib retrace. If you look close, we're still well in the middle of an Elliot Wave (likely a 2 dip) and will probably see lows of even 18ish again.
However, the upside to these dips is some pretty insane gain potentials from 18-36 and 36-66.
It's going to be an exciting few weeks. HODL and accumulate dips.
Nothing is a loss until it's sold.
Never Advice. Love you.
this is the Daily chart
C98 looking promising. I love this coin.Yo.
Please don't use this info to base an investment off! Conduct your own research and invest at your own diligence.
I've been paying close attention to C98 lately. This coin moves mad and from what I have gauged super bullish. Whilst lots of money can be made scalping this coin, I'm actually looking to swing here as it seems there is a wedge forming on the hourly. Lots of bullish momentum. I'm expecting a potential breakout.
Bitcoin and EOS ComparisonDuring 2017 Bitcoin reach a max point around 19k and when Bitcoin started dropping, EOS consolidated and Pump to the moon. EOS is a lagger compared to Bitcoin and other Alt coins. It also happened during this bullrun, Everything was pumping and EOS was consolidating and Once most altcoin pumped, EOS started going up and hit around 15 dollars.
Rinse and Repeat.
A new way to look at $GME (Gainzstonk)This may be a stretch but in theory it could work. What if we're still on the 2nd wave of this macro 5th wave cycle? What if the moves from 140-340 were just a complex elliot wave pattern inside of the true big boy one? Just a thot. If this ends up being true we could see a move past the ATH of 483 and then one more corrective wave before the big daddy 5th wave to end it all. Worth considering. GME to the moon baby!!!