OptiPulse

OptiPulse

Title says all. Just my opinion.

OptiPulse Updated 

The correction might be over soon. Either we break out to the upside, or down to about 41k. Then I'm expecting another larger consolidation pattern throughout next month.

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Weak traditional markets due to higher treasury yields and stronger dollar still worries me. We might see a little more downside before going much more up. All my opinion. -Prince Doge

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This is all my opinion. This is a log scale chart on the monthly time frame. I think it's too soon for rates to break out here. Rates will be kept low at most until the end of 2023.

OptiPulse Updated 

I was curious what patterns I could find on the US10Y log chart and I found this massive 40 year long parallel channel. As you can see, yields stayed inside the channel for 40 yrs, but it dropped below every time there was a financial crisis or issue. Yields have always re-entered the channel. Maybe I am not experienced with yields enough, but I have a hard...

OptiPulse Updated 

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OptiPulse Updated 

Stocks are looking iffy. 10 year yield continues to rise, dollar rising, and the FOMC FED meeting isn't until Mar 16. Stocks will correct if rates continue to rise and Bitcoin should correct as well. Not because of correlation per say, but because it's a good opportunity for whales and exchanges to shake out weak hands and liquidate over-leveraged positions. All...

OptiPulse Updated 

It's hard to tell what pattern Algorand is in right now. To me it looks like a descending triangle as shown. I think Algorand is about to break out sometime this weekend. Continued falling BTC dominance would support this hypothesis.

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I believe Algorand will follow Cardano ADA and make new highs. Move may be even more dramatic because of smaller mkt. cap.

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I'm a bit late on this. I think alts will have a good time this weekend while Bitcoin goes sideways for the most part. I wouldn't bet on the bottom macro trend-line getting broken just yet. Expecting a bounce. IMO.

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As you can see from the chart, it looks like rates are going parabolic. This is just my personal opinion, but I believe rates will continue to rise up to the next FOMC meeting date. We've seen this narrative where the FED comes in to save the day before. If this does happen, expect a stronger dollar and weaker assets in relation to the dollar.

OptiPulse Updated 

I'm not expecting ADA to break out here just yet. I think it needs to fill the consolidation pattern (ascending triangle) a little bit more. This dip might coincide with a Bitcoin dip to 44-46k. Just my opinion, good luck.

OptiPulse Updated 

I think Bitcoin's trying to put in a double bottom with a higher low here.

OptiPulse Updated 

If Bitcoin has bottomed for now and decides to crawl up towards 54k area, ADA might get a good pump in the next few days. I'm not sure what pattern ada has broken out of, but it's currently testing support of the top cyan line. The ADA/BTC pair has already broken out of resistance and is hovering well above support like it's no big deal. Ada's strong guys for...

OptiPulse Updated 

perderption my. Hello there. Consolidation time??? Maybe. Good night.

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See chart. Just my opinion, good luck.

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Note: If this plays out, it does not mean money can't be made on alts! Stronger alts may go sideways or even gain in value. Weaker alts (aka shitcoins) will get destroyed, so alts should be chosen wisely. I know a lot of people are hodling alts and hoping for a breakdown out of this ascending triangle. To me, this looks like it's bottoming out. Also the triangle...

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ADA/BTC has been very bullish. It's pulled back roughly 20% since hitting its ATH of $1.23. It has to break out above its ATH by the end of this month or risk going into a longer consolidation pattern in the ascending triangle. All my opinion. Gl~