Ivanbole71

Ivanbole71

So another coincidence. If we see the major moves as a corrective ABC, january was Wave C, and with today´s pump we´ve reached exactly Fib 1.236% of Wave A in that count AT THE SAME TIME THAT WE REACHED 1.236% of the minor wave A of my prior idea. Still not confirmed, but looks quite interesting as it would explain the movement. Of course, Bitcoin can prove me...

Ivanbole71

Wondering if this amazing push up Bitcoin made today might not be characterized as an overshooting wave B within an Expanded (Irregular) Flat correction. We will know pretty soon and this idea will become old in 3,2,1... Anyway, for the sake of fun and TA, here it is.

Ivanbole71

It seems to me that SOLANA made a complex correction, WXY more precisely, which is a 3-3-3 structure in Eliott Wave Theory. (see the purple count) Now, such pattern would have finished Wave 4 and we would be on our way to form the final wave 5. Within such wave 5, we are - in my opinion- at the brink of starting subwave 3 (check the green count)

Ivanbole71

Well, interestingly today I was trying (hard) to follow SOLANA on what I thought the completion of yesterday´s ABC correction. To thebes of my knowledge, we were in Wave C, of a subwave 4 still pushing downwards. But, then it begun to turn bullish and more bullish, then it was obvious that the ABC had finished and we were now in some sort of impulse wave. But...

Ivanbole71

A bart simpson pattern has been spotted in the recent XRP price chart. Source image: www.stickpng.com © 2022 StickPNG. All rights reserved.

Ivanbole71 Updated 

If you apply the log scale to bitcoin, choose the weekly time frame and measure the projection of the evident H&S that has formed with the ATH... guess what? The target has just been reached! The figure looks perfect and the correction might just be over. Of course, this is log scal, not regular, and the market is not following the mood. However it is advisable to...

Ivanbole71

$12.25 This could be it: the last support of a once leading project. Below yeah, you have that 10-dollar support but... how tiny and thin it gets from there? It seems pressure is at its highest. sad thing

Ivanbole71

Sad story. Besides the issues, this is not related to SOLANA itself but to the FTX-Fiasco. So terribly sorry, for all holders, myself being one of them. This seems beyond recovery from an Eliott perspective. Surprises do exist, but the storm is unleashed.

Ivanbole71

SOLANA is at the verge of literally loosing recovery capabilities. Further pressure downwards would imply yet another leg down and targets are worrysome. 0.886% Fibonacci being exceeded as I write this comment :(

Ivanbole71

So I looked at ETH both from an apocalyptic and an optimistic perspective. The first one implies counting a 12345 Eliott Wave since ATH. It leads to -$733 if Wave 5 has at least a 1:0.618% ratio with Wave 1. Discarded. Why would ETH just dissapear? If it does so do many more other things, at least that´s my take. Now, what if we are more on the optimistic...

Ivanbole71

A while ago I showed how I spotted the Eliott ABCDE Triangle. Also, showed where it leads. Now. We all know the overall context is not THAT bullish so... Let´s consider the more reasonable "triangle in the end fails" theory. Redrawing my Corrective ABC I had originally, it not only still points towards my prior target (1: 1 ratio with A Wave), it also poses the...

Ivanbole71

Well I had my own perfect set up for Matic: It was bound to execute the C leg of an ABC within a corrective Wave 4 before hitting 0,95´s in a final Wave 5. However... I saw that the price retracted too much reaching 0.940 which was my Wave B´s peak... So I sat down to take a new look and.... voila! Look what I (think) I found! A classic Eliott Wave Triangle. If it...

Ivanbole71

Well well well. It´s not looking pretty. And it´s bitcoin so, this is even more relevant as we all know its dominant role. Next key support is $20,717 in my BTCBUSDPERP chart. Check for $20,500 as a general value. In my opinion its time to wait and see how bitcoin deals with the current support level. Would not be surprised to see a sling shot recovery, but not...

Ivanbole71

If you take a close look at the general trend of ethereum you should not falter. The current correction is absolutely within the expected if you are to maintain a bullish Eliott Wave count. Wave 4 is on its way and already in completion zone. It can go further, yes, and the channel shows that. No worries, normal thing. Long

Ivanbole71

Please find a free interpretation of the Wickoff accumulation pattern as applied to the current state of bitcoin price trend. The Automatic Rally (AR) and Secondary Test (ST) points are not exactly the same but.... everything else fits so neatly... Check it out and enjoy. We just might be in the ending phase. Hopefully.

Ivanbole71

So this weekend has left us with 4, not 2, not 3, tops all at around $24,900 The subsequen pattern seems to be a continuous sideways correction which is now resolving downwards. In other words, we expect a strong move towards the base of the channel. Hard to say how far it will go, however my projections are somewhere between $23,600 and $22,450

Ivanbole71

Ethereum now clearly on the way up leaving behind the 12may disaster. If you are of the spot type of investor, I say this is it. My prior $3,500 target for January 2023 has been brought forward.

Ivanbole71

Projections for Ethereum point towards reaching $3,500 in January 2023. The expected $10,000 would have to wait a little more. However, the future is foggy and we never know. Let´s stayed tuned and adjust this targets often.