XGG / USDT on Bilaxy about to 5x 10x rally?XGG / USDT on Bilaxy about to 5x 10x
This shitcoin is coming back from the dead.
Could easily do a 5-10x right now
Purely speculation
Cheers
Moonshot
Bitcoin macro count Elliott wave. Bitcoins monster bull cycleHere is what I see in the waves.
Now a lot of people have the white 1 as primary wave 3, but that cannot be a primary wave 3, because the rsi made a lower high all the way up on that wave.
So the most likely is that is a 1st wave of an ext. wave 3 which have a min. target of around 2 mill. Obviously that will take a long time.
Bitcoin rising wedge on 4H Looks like on 4H Bitcoin is a little bit overbought. I think we are in rising wedge and if we reach $48-50k zone we can get reject and to appear big sell pressure. I still think we can reach higher levels without seriosly correction, but pullbacks like 10-15% are healthy in my opinion. We can break $50k without retest but i don't think is likely this scenario.
Bitcoin Meets Elliott Fibonacci: The Definitive CountBitcoin’s run thus far has been wild. The future will only get wilder.
Most Elliotticians predict that we are in a primary Wave 5 currently however, my big macro count differs at bit.
Firstly, let it be known that Wave 3 isn’t mandated to end at the 1.618 level. I’ve made the mistake in assuming this too many times; all bad. Therefore it’s important to actually take the time and count the waves. Also, just to put it out there, if Wave 2 and 4 are both zig zags within an impulse, I consider the count likely invalid. This is what I’m seeing in most predictions that predict we are in a primary Wave 5 cycle. It sort of irks me but to each their own. All forms of analysis is subjective after all.
Watch out for the huge drop near $110-$120K. This rollercoaster ride will not be free.
DOGE WatchWill we see another epic run up? Maybe? Things are shaping up, and we do have room to run, but that doesn't mean we will. DOGE is getting a lot of attention right now. Technicals are showing the price is supported by the TWAP 30 and RSI is Bullish. Support/Resistance points are being respected...now we just need the volume. If we follow the same trajectory as we did back in April/May, DOGE could approach $1.30 - $1.76 by the end of August, pull back 60% over a week, then a rip through to the $2.50 realm by the end of September. I'll be keeping a close eye on $TOTAL and $DOGEUSDT.
Covalent is a small cap gem! Potential 10x in the coming months.Covalent (CQT) was a hyped project on CoinList with an ICO a few months ago. It has similar functionality as The Graph (GRT) and could eat it into its market cap.
Covalent has gone up 300% in the last month but has a lot more room to run - I could see this as the potential next Solana. Coinlist ICO with hype, nothing for a little bit before raging its way into the top 100 or even top 50 within a years time. It has moved from about 560 to currently 342 on CoinGecko. GRTs current market cap is $3.8 billion. CQT is only $112 million. That's 1 /33 of the market cap. Not saying CQT will take over GRT and its technology. However, the project has great fundamentals and tokenomics. Whereas GRT has struggled with price action since its ATH in February (still down 75%), CQT is back already to its listing price on Kraken and other exchanges.
I see a bright future ahead and the 300% gains for the past few weeks are just a start. As it is a small cap, do not put a great amount of your portfolio - i.e. no more than 5%. However, it could be a great long term hold that will continue to fly as the bull market continues through to next year. I could foresee Solana or Avalanche like gains to come (new projects that have shown they have great tech and will stand the test of time).
ADA and ADA.D and crazy targetsADA has had an extraordinarily good last 5 days and we are going into the weekend before the weekly candle closes so a lot of the observations on the chart are still pending. This post is just another iteration of my volatility and momentum system that I have developed over the last couple of years. Just grinding what works for me.
The Thumbs up are what has flipped bullish and needs to be maintained till the weekly close. The question marks are what still need to develop and are unlikely to develop this period. Getting everything to be thumbs up on the weekly can get us a high probability impulse. Last time we went from 15c to over $2 before the weekly VSTOP flipped. We can outdo that this impulse.
The chart below Using the double ichimoku clouds for trends and volatility we can see price action has popped above the kijun (crypto) settings and both clouds are bullish. This is a very good place to be if you are long. The On Balance Volume EMAs are getting themselves stacked bullish once again with OBV above the 10 EMA, which is above the 20, which is above the 100.
There is not a lot of detail to the monthly chart but it is clear that no component of my system flipped bearish on this time frame while other top coins did. That puts ADA as a leader. I am not going to give you a powerpoint of death, but ADA is bullish on the daily, 3d and monthly according to my system. It just needs to get the weekly sorted out and I believe that has a high chance of happening.
The chart on Ada Dominance is extraordinarily bullish. It may go x3 in 2022 in a bull market which suggest massive gains for ADAUSD. The rising wedge does appear to converge on the 1.618 level and generally that predicts a breakdown to the bottom of the wedge. In blow off tops you can see price action pop out the top of a rising wedge before reversing in dramatic fashion. This will be a chart to watch.
Here is my crazy bull market scenario. I have seen enough movements assets to reach the 2 line that I think this has a higher chance of occurring than most people would initially accept.
Have a look at TSLA. It consolidated for 6 years and then has gone up to the 3 line and might take out the 4 line on the next upleg. Absolutely crazy target. If you said that TSLA could be at 715 when it was at 50 (accounting for the split) and you thought 1400 was a target people would have called you mad. But a few years later here we are. And ADA has a lower market cap and a faster market cycle.
Here is Bitcoin with a fib log channel from 2015 when it was under $200. That 1.618 line has been very predictive of stalls and tops. The 1 line was very powerful as support. I think we will see BTCUSD approach the 2 line, very easily. All that suggest to me that my ADA target is crazy, but doable.
My plan? Look for pull backs to buy on the 12h or daily on heiken ashi candles and use those to add to my position and set stop losses. If price is above the clouds and above the 50 period and we go from red to green and get some shadow less candles it is time to look for an impulse. I hope to let my winners run and so I will be doing more of trailing my stops up than taking profits unless we are at a serious level on the fib log channel.
BTC consolidation and liftoff to 50-52k then back to mid 40sLooks like BTC is consolidating and this is very nice to see. We don’t want a straight shot up we want a slow grind up and breakout then more consolidation. We are on our way to the great awakening, where every man woman and child is financially free, driving cyber trucks and drinking Starbucks 3 times a day. God Bless
Looking VET for breakout in next weeks Looking for VET to breakout in same point in next few weeks or months, depend what Bitcoin will do. But i bet on upside.
$AMC WHAT HAPPENED ON THIS LAST FULL MOON? 🌙 MOON PHASE ANALYSThe days within the last 6 Full Moons on $AMC.
Jan, the day before the Full Moon +300%.
Feb, 3 days b4 the Full Moon +18%.
March, the day before the Full Moon +21%.
April, the day before the Full Moon +13%.
May, 2 days before the Full Moon +13%, next day +19%, day of the
Super/Perigee Full Moon Eclipse, +19%, next day +35%, 2 days later + 95%
June 24th 2 days before + 4.6%, 1 day before + 0.05% Full Moon day of - 2.7%
I like to think it's bc the last full moon was an eclipse that took us from $14 to $70 and we're out of steam for this last Full Moon.
For this Capricorn full moon, we got spanked by Saturn and didn't get more tendies.
The good news is we reversed on the last New Moon and started an uptrend to the Full Moon as shown in the chart.
Now we are in a waning moon and even though we saw no pop, it's still following the moon phase pattern in my humble opinion.
Also, I explained all this in my vid last week, we needed to start jumping more each day leading into the Full Moon for the Pop. We went up 2 days before the Full Moon more than the day before the Full Moon so the setup just wasn't there.
You can see this setup in all the previous Full Moons, which had price action climbing more and more each day into the Full Moon.
I'll see you all at the next one.