It's easy to get caught up in the news cycle. Better would be to ignore the noise and look at what the charts and analysis says is coming. I am long XRP - very, very, very long. But the breakout to new ATH's is at least 6-9 months away. I think the fun begins in late summer of 2024. Let's look at three things that hint why this may be the case. 1. Short Term...
Getcha moonboi hats on, the 'splosion is near. Well, not really. Not to ATH's, but we could see a bump to $0.55-$0.60 imminently. Why? A confluence of chart factors and recent news narratives. Enter now and look to close position at a 50% gain.
Bitcoin will hit $45k-$50k at the end of Q1 or shortly after. It will then head significantly lower and retest current levels until the next "halving" occurs, after which it will move to a new ATH. Nobody will trade this move long from right here, all of you will buy in at 35k+, this is a bull trap but it doesn't have to be. Buy now, take your 2x profits, sell at...
Just about a year ago, we looked at a confluence of fundamental, technical, and geo-political factors that suggested the S&P500 was due for a massive correction. Please see the linked idea below from a chart posted September 30, 2021, discussing these ideas. We see the S&P 500 heading lower, to the 3,000-3,100 range. Best of luck!
This chart speaks for itself. We first look at the movements of XLM in the 2017 Bull Run. 1) A massive impulse up, 2) an 88% correction, 3) a second impulse up to ATHs. Presently, we have seen 1) A massive impulse up, 2) an 88% correction, and we are waiting on what comes next. One thing to note - the 88% correction took approximately 3x longer this time...
Last best guess...if not soon, then when moon? Well, we completed the crash we were looking for. Here is our last best guess. If we are wrong and no moon soon, then perhaps back to the drawing board. We would still believe in our target range and still believe it will hit in the very near not so distant future, but the dates we have been posting about and really...
“When moon, Poo?” asked Piglet. “Moon soon,” replied Pooh. “Real soon.” “But we just tanked to under a dollar!” Piglet gasped, a tear in his eye. “Aren’t you scared?” “Please read the linked ideas from my October 6, 11, and 19 posts re: an incoming 33% drop from $1.33 to $0.86-$0.91.” Pooh said, in what he hoped was a comforting voice.
At this point, we are just waiting. Is this week the week? Look for a move to $1.13-$1.14 today, then tomorrow we begin climb to moon ($13-18). Note that, despite my presence in the EST timezone, I am using UTC time when I say today and tomorrow. So, $1.13-$1.14 by 7 PM EST, then moon launch. "Let's just see what happens..." Will post again later today with...
INCOMING!!!!!!!! The chart says we are headed....where? "Let's just see what happens."
Apologies for not posting for a few weeks. Things have been busy on the home front, there is a bit to talk about... First, find my last post linked, with predictions. I will not go through them all on here, but we are falling just short of target. I still say that my GENERAL predictions about what to come, if you remove the dates, is correct. Stay tuned. Today,...
We will continue to post what we *think* is happening, and will happen. But here you go. Reputation on the line, this is what we are predicting will occur, presented in a series of steps with dates and prices: 1. BTC will reach out to its 4.236 Fibonacci Extension and reach a peak value somewhere between 74k and 85k. The 85k (high end) represents a 1.618...
Today we are taking a look at our Frankenstein Fractal-Fibonacci-Trendline Chart with 2hr time bars. We questioned, in the past, exactly "when" we were in the fractal. We have also discussed the upcoming final drop/shakeout before capitulation to new ATH's, which undoubtedly will be brought on by a catalyst of some kind, whether it is XRP specific (SEC...
Yesterday, we said goodbye to a best friend, a protector, a source to find inspiration and love when our own supplies were low. Buster's Charts remembers and grieves for the loss of its eponymous family member. See you at the moon, Busty Boo.
A few things, today. First, this chart again somehow indicated the $1.21 resistance level that we would hit on this most recent move up. Right on the nuts. Allow me to pat myself on the back because it is so unbelievable. I explained way back when how we made the chart. I'm not sure why it works, but the methodology is there for anyone who wants to look into it....
If you've been following along with us as we use this Frankenstein of a chart, you'll know we are still looking to figure out exactly when, or where, we are in the Fractal that we has been partially guiding us. While we still wait for more information, we thought we would take a look at this nasty little move that the fractal suggests is coming just before...
Fib Retracement created off the ATH and recent low. BTC had rallied but failed to reclaim and hold the .702 retracement. It then entered an A-B-C correction, textbook. On October 3, we see BTC cleared the B-wave high, circled in red. This signaled the end of the A-B-C correction. Technically speaking, a move even $1 higher than the previous B-wave high ends the...
In our last post, we were hoping that we would get some guidance for exactly where (when) we were in the fractal. Frankly, we still aren't sure. We are also slightly perplexed by the pause in the action, mid fibonacci trendline. Here is one possibility for where we are, though we doubt it. We still think a mid to early November is most likely for the moon...
BTC is at a very precarious spot. Last time, we were rejected. This time? We think it gets through and sets a new ATH (not 300K though) What do you think will happen next?