ShotGunJoe83

ShotGunJoe83 Updated 

Just following the good old pi cycle, price just stays less long above the upper white landline due to diminishing returns. One top or double, let's see what 2025 brings.

ShotGunJoe83

Look at the 4 moments we reached 1 fib in every cycle, what do you see? Yes, this time we got there before the halving. But also : 2013 : no hesitation, went straight through 2017 : correction 33% 2020/2021 : no hesitation, went straight through Currently : correction 17% A 33% correction would take us to 49k

ShotGunJoe83

Currently forming the handle. Watch for the breakout. Happy trading !

ShotGunJoe83 Updated 

Look at ADABTC nearing the upwards sloping resistanceline. It immediately throws the question at you, will we bounce there or will we still see the green demand zone? Well, let's also look at ADAUSDT : it's repeating its previous cycle TO THE TEETH for now : We break downwards sloping trendline out of the bearmarket, we fall into a falling wedge we broke out...

ShotGunJoe83

Step 12 could be different this time because of no world pandemic at the moment, so should be less volatile. For the rest, eth is copying last run nearly identically imo + became deflationary in the mean time.

ShotGunJoe83

next stop 48-50k although we could first correct to 30-32k. After reaching 48-50, at this fib we retraced 25-40% in last cycles. Cycle top around 80k, dont get fooled bout etf news, it's been around for ages

ShotGunJoe83

Simple view on where we are ( in my opinion ). Don't overcomplicate things, simple but effective should do the trick. Happy trading and happy Easter !

ShotGunJoe83 Updated 

1. Bull flag 2. Rising wedge ( 1st top ) 3. Falling wedge 4. Falling wedge 5. Rising wedge ( double top ) 6. Bear flag 7. Bear flag 8. Rising wedge ( 1st bottom ) 9. Ascending triangle ( double bottom for now ) Currently : 10. Megaphone pattern : we just broke out to the upside and are currently retesting this break out

ShotGunJoe83

Based on previous indicator signals, this is what we could expect on the monthly chart.

ShotGunJoe83

MATIC : right inside the second large accumulation phase and rising in it. Both accum phases basically the same. Same traps, same moment of break out? How high could it fly? 10$ seems like a walk in the park on this chart, right? Thoughts always welcome Grts

ShotGunJoe83

Bottom within 2 weeks around 16.2k? ... don't make this harder than it needs to be? ... last low at 17.5k (4) represented the previous swing low around this price level (1), with the pi cycle ma's not having crossed bearishly yet BUT they're very much about to do so (2), we could simply assume the next swing low around this price action (1), which is not too far...

ShotGunJoe83 Updated 

This is where i stand on weekly : 1. YES we just touched MA200 BUT 2. DMI/ADX not even at conservative bottom levels yet 3. No market cypher b buy signal yet 4. Hash ribbons tell us the miners only just started to capitulate 5. Monthly accumul/distrib chart shows more room for distrib Conclusion : PATIENCE required I will detail all indications below. Happy...

ShotGunJoe83 Updated 

First cycle low : 546 days before halving. 2nd cycle low : 518 days before halving. We are now 665 days from next halving, around 130 days left to meet all cycles average bottom dates.

ShotGunJoe83 Updated 

I think the bottom could be close amigos : We wait for : DI- rising around 37 - 38 ADX rising towards 30 DI+ lowering towards 12 Weekly cypher B buy signal Price reaching 200 - 300 weekly MA

ShotGunJoe83

BTC : back up into channel or ab=cd ? Let's see what happens next ;) Happy trading!

ShotGunJoe83

Look at it this way : smaller bull runs over time = smaller bear markets over time. Eventually some sweet spot will be found where btc can range for a long time. In other words, i don't think this going to 10 or 12k , in fact i believe reaching 20k will be hard. the ones who do call for 12k need to start using log charts , at least on longest timeframes. happy trading !

ShotGunJoe83

Just facts. No predictions, no hopes... BTC has never ever ever retraced below previous cycle highs, in fact it ALWAYS bounced off of the 1.618 fib... That's FACTS... We've bounced off of it 2 times this cycle and yes...why not 3 times. PROBABILITY however says that that should be it. Bouncing off of this 1.618 fib 3 times this cycle instead of only once...

ShotGunJoe83

We still are going to see wave 5 imo... Wave 4 couldn't have been a normal wave 4 given all circumstances so it became a corrective abc move which made a lot of people forget where we stand in the long run. Now, wave 4 hasn't ended yet, beware. I suspect this wave to end around support of the ascending triangle we're in atm (around 34 , 35k ) but certainly not 10...