


Sindnachbarn
just something I spotted, no clue on bullish case for this/ecosystem.
EOY potential: 10$ (top 5 based on current mcap) Fundamentals: * Predominant layer 2 * Most Eth dapps bridged already * Chain merge? (Hermez Network) <pretty historic TA/Price action: * Elliot: 1. Appears to be in the process of wave 5, like most coins. (Following the rule of: equal to wave 1, 1500%=10$) 1. Wave 2 is by the book: flat, low volume. 2. Wave 3 is...
weekly close above previous range of 30-40k, potentially revisiting the previous range of 40-60 broken "giant h&s" pattern to open a long at current prices with a sl before weekly close is fantastic risk management curious that no one is talking about this
gap between current resistance/next resistance (3) is pretty tight. if (1) holds and we revisit (2) without the harsh rejection, it's got a good chance to tap into (3)
!remindme 3 years 2020-2021=wave 1,2 2021-2023=wave 3,4 2023-2024=wave 5 axs wave 3 at 500$ is realistic as it will only be 1.6% the mcap of BTC (assuming it's at 100k, 1,878,288,100,000) but alas all of this will only play out if tokenomics allows it. currently AXS is bandaiding as it goes higher and most coins fall off relevance in 2 years.
just hours later the stables got frozen, exchanges are eyeballing and dude(ette)'s been identified and they leave a "might return the $$ lol" message with a buncho cries for help. currently trying to tornado.cash the funds. lets see if speculators hop in
chartsave agane: this is the most by-the-book elliot i've ever seen. wave 1=gradual increase in volume but not enough to alarm chartist wave 2=low volume retrace with a spike at the end, reminding bear market wave 3=atleast 1.618:1 of wave 1 (334%), 1300% because wave 4 on those tiny reds dont make sense as volume was higher than 3 wave 4(current)= sideways for...
looking stronk, going above the cloud+bounced off 200ema+never went below annual vwap+low volume(yes)
wave 1 at 44 so around 66%'s the target for wave 3. could easily hit past that (4k+) as liquidations/retail fomo pop in.
sushi save 1 broke out supply area and setting it as demand so it can retest previous support, decent risk/reward with a short timeframe as it's got the trading volume+marketcap for it.
saving chart to peep on in the future it got gas to hit that atleast (9.6) lotsa momentum
just saving chart again really but: atleast 80k target elliot breakdown on latest poomp show an expanded flat correction lower supply area turned support so expected further upside, now if we retrace and turn this upper supply area as support we shootin dootin' volume confirms the green we're seeing's an impulse which validates the abc
ADA Chart Save 1 2.4*.4=.96$ so that's a wave 4 wave 5, based on fib is 4$ while wave 1 says atleast 5$ 5$=32b*5.7=182,400,000,000b mcap which is 20% of current btc but by then btc will be around 100k so 182b=10%, currently ada is 6% of BTC so it's realistic
next 2 days potential 60$, possible with the stacked shorts if btc holds up. purple box=area of demand and is where you wanna enter but may not be visited anymore as it appears to have been a 4th wave. also broke out of it's pennant