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Price-target

Bitcoin price projection post halving using pattern hypothesis Bitcoin has had 3 halving and has increased around 9200%, 3000%, 760% post each halving respectively. The price project shown in the chart is hypothesizing a number pattern observed of bitcoin price percentage gain to new all time highs post every halving so far: 9200÷3 ≈ 3066.67 3066.67÷4 ≈ 766.67 766.67÷5 ≈ 153.33 So, according to the observed pattern, if we continue dividing the previous term by the next number in the sequence, the next number would be approximately 153.33 Chart in Weekly Log Scale
INDEX:BTCUSD
by DeadMoneyTrade
ADAUSD UPDATE - STRONG SUPPORTImportant things to note: BTC either near a bottom or headed to 32k I believe it is near a bottom. This does not mean price will just go up. Retail is almost completely gone. ADA price traced BTC perfectly with a test of support during BTC 54.5k level. ADA price hit strong support during the wick fill for BTC. This is similar to what happened before with my yellow triangle. I have been buying. This does not mean you should. But I am. Important dates to note: Evergrande payments - (largest payment of 2.1B due March 23, 2022) Hey everyone, I hope you are keeping it together during these past few days because most people have not. Though BTC can hit 32k, print a lower high and start a downtrend, I do not believe that will happen. Not for right now at least. What I believe is that institutions are using the derivatives market to push price down, slow down the trading, and take the price of BTC right to the edge of the cliff in order to flush out any retail traders that are left. From there, with the low trading volume they can move the price where they want so they may purchase, pump up the price a bit, and let retail take BTC to high levels while they sit back and the cycle repeats itself. This is how it is done, you can call it what you will. Now, there are plenty of reasons why I believe we have not seen the top of this movement yet and it does not have to be soon. Though, when it happens, you won't expect it. ADA has tested its support level when BTC hit 54.5 perfectly and moved to test the lower support level while it accumulates. This is exacly what I had planned for on my last chart. You can see the similarities from my yellow triangle. Price accumulates, gets pushed out of down trendline, then moves up. I have not added to ADA for a long time because I have so much already, however the stars have aligned fundamentally and technically, so I have added to my portfolio. I know there are tons of people talking about "don't catch a falling knife" and yadda yadda, however I trade very reserved normally and am very aggressive in situations like this. This does not mean you should buy since you and I are likely not in the same situation. I am entering assets and adding to my portfolio and the risk to me at 41k is very very low. I will be updating my charts with other entries areas that I am looking at and assets I believe will do well. Thanks again everyone! So, tell me what you think! This is not financial advice. Do your own due diligence.
Long
by mysticalwalrus
31
MOVRUSDT WANTS TO MOVE!This an asset I have been DCAing into and will continue to do so untill I see the breakout I am looking for. Previously there were 2 attempts at a breakout which were denied by BTC selloffs. However, it is clear to me that MOVR wants to move. It is sitting at its strongest support level right now and has no real reason to travel too far below the buy zone because there is no volume at those levels. This is a solid project and if you are not familiar, you should look it up. It should also be noted that it held its own very well during the pullbacks. The price has settled in its accumulation range anytime there is trouble brewing so I feel comfortable DCAing here. I will stop DCAing once I see a breakout and update the chart with a target. MOVR has been accumulating for awhile now and I believe that time is ending soon. Thanks again everyone! So, tell me what you think! This is not financial advice. Do your own due diligence.
Long
by mysticalwalrus
3
CLVUSDT BUY ZONE AND DESCENDING WEDGEBesides the fact that Clover Finance is a solid project, it also won DOTs parachain auction about 3 weeks ago. You can see from the chart this asset has been in an extended accumulation phase for sometime now. From a glance at the chart, despite the price going down during accumulation, you can see strong amounts of buying going on here with peaks far above the average volume. If you pair that with the fact that we have 2 descending wedges (smaller and larger) you can assume this asset will break out eventually. Because of this I have been DCAing the dip as of recent, and have used the current BTC drop as an entry into this asset. Thanks again everyone!
Long
by mysticalwalrus
1
ADAUSD TARGET REACHED! Now a Test!Important things to note: BTC shorts got squeezed due to contract expiration closing in. Alts are in great position overall. Fast movement will be extended consolidation. (multiple tests of support during selling). My DEC 12 ADA chart looks extremely accurate. Descending Triangle was reversal signal ( constant buying at lower levels and lower highs at a bottom of trend). First ADA target has been hit, now a retest of support is next. Next ADA target is marked on the chart. If BTC fails to continue, ADA will test last support again (look for the last consolidation on chart). I believe BTC will continue its upward trend (we got our higher low). Chinese selling has slowed due to accounts closing DEC 31th. Tax loss harvesting is also done. Expect buying in the markets come JAN. Important dates to note: Evergrande payments (largest payment of 2.1B due March 23, 2022). So first I want to start by telling you to take a look at my DEC 12th chart. I let you know the descending triangle was signaling a reversal and what to expect, and if you hit play, you can see it matches up rather perfectly. We would have gotten this reversal in NOV if BTC didn't fall, which I also mentioned previously. Just so you understand, this is due to people buying up the lower levels. They were signaling to the market that there is high demand at the price point. Next we saw our breakout, then it tested the resistance target I set perfectly. Now it will test support during consolidation before heading to the next resistance target. If BTC fails to continue upwards, expect ADA to retest the last area of consolidation. However, the way things are going, this does not seem likely at the moment. This is due, in part to a number of situations putting BTC is a bullish scenario. The Chinese accounts will be closed by Dec 31st so the selling is almost done, and tax loss harvesting is done due to the holidays. This means retail has free reign of bargain prices for BTC without worry about the price being pushed around by institutions. Because of this, all of the shorts had to cover and this caused a squeeze moving the price upwards since contracts were about to expire. The market is now closed for holiday Dec 23-27th so any downward consolidation will create a gap that will most likely be filled when the price moves up again. I am going to be posting other assets that I find interesting as well. Thanks again everyone, Merry Christmas to you and your families and Happy New Year! So, tell me what you think! This is not financial advice. Do your own due diligence.
Long
by mysticalwalrus
15
FTMUSDT Looking RipeFTM even from a distance still looks really good. I have a short term price target but I expect this asset to really move when the market picks back up again. The RSI has bottomed out on the daily and the structure of FTM remains solid. I have been adding more of this since the last drop. It has already gained some ground since falling but I thought my followers should be aware, these prices are not bad. Thanks again and tell me what you think? This is not financial advice. Do your own due diligence.
Long
by mysticalwalrus
1
IOTA Enters Buy Zone after RestestIOTA is a great alternative to other assets associated with it that do not have good entries. Luckily I believe not only will IOTA print, but it gives great staking rewards as well. As you can see the RSI is just low enough to warrant a buy on the 1D chart. There is a large cup and handle pattern which produces a major target of around 3.9. However, I would not be surprised to see this go further once the market starts going. Anyways thanks again and tell me what you think! This is not financial advice. Do your own due diligence.
Long
by mysticalwalrus
6
COTIUSD Showing Bullish EnergyI am posting this based on a request from a follower. Though COTI had a perfect cup and handle formed, the market leverage explosion killed it (for now). Bullish energy continues, and while it does, I expect the asset to hit the above targets after some consolidation. I have also noted a stop loss on the chart as well. The chart has all of the information you need regarding this. The highest target was calculated by the cup and handle. This will take time top unfold, be patient.
BINANCE:COTIUSDLong
by mysticalwalrus
27