Using this Cypher pattern we could potentially be seeing a $400 solana by this July 2024.
-QS has been falling into a macro descending broadening wedge (Bullish) since Nov 2020. -Since Dec 2022 it looks like the selling pressure is starting to cool off as the price has gone sideways and is potentially forming a macro bottom. -As long as price stays above $5 then AND breaks above the top trend line of the wedge, then i will remain macro bullish. ...
VET is one of the few cryptos that has not gotten a significant bullish rise over the past several months. It is currently testing a historical parallel trend line that was previous support over the past few years. We could be seeing a 4-5 cent vechain if it find support here.
The S&P500 looks to be due for a correction in the near future. It has formed a very sharp rising wedge while playing in a macro ascending broadening wedge. The next FOMC meeting in March should provide clarity and may even be the catalyst for the stock market to pullback.
In the next 2-3 decades, i expect Gold to be trading at around $3000-$4000 dollars. I would like to buy gold as a long term investment around $1400-$1800
Bitcoin looks to be playing within the very important golden pocket channel fib. I've circled in white, the areas where this pocket has determined the fate of bitcoin. -In 2013 it was the All time High (ATH) -In 2017 it provided support for bitcoin before it ran up to the ATH -In 2018 it proved to be big resistance and bitcoin fell another 47% from the...
If Bitcoin keeps the same pattern as the past two cycles, then we should be seeing a Bull Market Top around April 2025. Its hard to imagine that it will do the exact same thing again, but history does tend to rhyme.
This might be an area of resistance for helium. I would like to see a break of this descending parallel channel before assuming a macro reversal in price.
AT&T is coming into large support. This could represent a good buying oppurtunity if you are looking for long term investment for dividend payouts.
-Short term forecast: -Descending wedge still in play for Paypal -Looking for a bounce near the bottom of the channel. Maybe around $60-$61 will be the low target. TP around $70-74 -Long term outlook Lots of support around $38-40. Accumalate at $56 and $44 as well. Gap at $140-170 will eventually get filled in the coming years. There are other small gaps...
The Meta Mega Gap was made back in January 2022. I started my reaccumalation of this stock around the $100 area. I started to sell off at the $200 area. I will keep a small bag as we start to head into the Mega Gap. I am well aware of the gaps below. There is still one down at the $100 level as well. I keep my trade ideas simple on the macro time frames. ...
Ethereum is testing a strong area of interest. The pink parallel channel has been tested several times since 2018. A break above this channel will probably push eth to the $2500 cme gap. Another rejection from the pink channel and we probably come back down to fill the $1500 cme gap.
Still looking for the CME gap at 35K to get tapped. Need to hold above 26.6K and breakthrough 29.3K to see continuation towards 35K area. That could end up being the high for 2023 but if the global macro economics shift more bullish, then we can look for higher prices. 40-43K should be hard to breakthrough. The ultimate bullish target is 47K. Eventually we...
Just be aware of the ETH CME gaps at $1500 and $2600. I would expect eth to hit $2600 if Bitcoin gains bullish momentum and taps his own $35K CME gap and runs to $37K.
I believe NVIDIA has topped out for now. The inverse head and shoulders looks to have played out nicely for the bulls. Im currently looking to short back down to the $270 area. Ill play it level by level by using fibs and volume support along the way. Long term - My lowest target price is around $130-$150. Hard to say if we get there since its so far away...
Bitcoin could be winding up for its final push up to the $35K-$41K area. As you can see, in the years that follow the Pi Cycle top, bitcoin usually has a mid-term touch of the green moving average during its Reaccumalation phase. If we do see that touch this year, then i expect another correction down to lows. $15K may not be this cycle's macro low. I wouldn't...
Current Bitcoin CME gaps I still believe that the $35K gap gets filled this year, along with the FWB:29K and FWB:21K gap The $9K gap is still a possibility but its a little too far away to really consider right now.