Skyrexio

Skyrexio

Hello, Skyrexians! It's not a secret that we are waiting for Bitcoin dominance drop to at least 62% right now, but after that we expect the final shakeout to 67%, but the CRYPTOCAP:OTHERS.D gave us a hint that may be this shakeout will not affect on low cap alts that much like on top-10. Let's take a look at the 12h time frame to see the waves in details....

Skyrexio

Hello, Skyrexians! BINANCE:ETHUSDT was a huge underdog last 4 month on the bearish phase, but recently it started to gain power, on the recent dump it has not showed correction. On the daily chart we can see that price has printed 5 waves Elliott cycle. Wave 3 corresponds to the minimum Awesome oscillator. After that wave 5 has finished this cycle with...

Skyrexio

Hello, Skyrexians! Hope we understood what is going to happen with the Bitcoin dominance, if briefly we are waiting for correction and this dominance dump will likely happen on BINANCE:BTCUSDT dump. Let's take a look at the impulse which has been started at $75k, it looks like this impulse has been finished already with the 5 Elliott waves cycle. At the very...

Skyrexio

Hello, Skyrexians! Yesterday we made a local update on CRYPTOCAP:BTC.D where pointed out that waves order has been changed a little bit, today we will take a look at this chart globally. Soon we can have a great reversal but we will feel pain before it because target above 66% will happen. This is monthly chart. The first greatest altseason looks like an...

Skyrexio

Hello, Skyrexians! I got sick for these 5 days that's why has not shared updates, but market was very boring so we didn't miss any significant move. CRYPTOCAP:BTC.D concerns me now because to end this trend we need to see any significant correction, but we didn't. On the 12h Awesome oscillator was not able to cross zero line and reversed to the upside, so our...

Skyrexio

Hello, Skyrexians! Some of you may be remember my article which I shared more than 1 year ago where called BINANCE:LDOUSDT the worst asset and it dumped exactly as predicted. Then made a mistake making assumption that some coins can grow while other will go down. This assumption has the very low probability to be truth, now I have the clear view that entire...

Skyrexio

Hello, Skyrexians! I tried multiple times to understand what is happening on BINANCE:ADAUSDT chart. The Elliott waves analysis was too complicated and I didn't share anything, but today I found the scenario which fits with the trading system rules. Let's take a loot at the weekly time frame. The bull market wave 2 has been finished with the green dot on the ...

Skyrexio

Hello, Skyrexians! On yesterday's crypto pump BINANCE:SUIUSDT was the greatest performer and people started to have an interest in this coin will continue growing or this is just a bull trap. Let's try to understand it. On the 1W time frame we have unclear, but Elliott wave structure. It looks like wave 4 overlapped with the wave 1. You will tell me that it's...

Skyrexio

Hello, Skyrexians! As we told you new impulsive wave to the new ATH has been started below 80k for BINANCE:BTCUSDT and now price found some resistance. Next 2-4 weeks will be very difficult for traders and holders and we will explain you why. On the 4h time frame we can see the new impulse which shall consists of 5 waves. Awesome oscillator tells us that this...

Skyrexio

Hello, Skyrexians! You may think that we make analysis on CRYPTOCAP:BTC.D too often, but it's needed because as we pointed out many times we are closed to the global top and it's important to predict when altcoin season starts. Today we have 12h time frame to look in details at final wave 5 inside global 5. Wave 3 inside this wave is about to be finished at...

Skyrexio

Hello, Skyrexians! Time to update our main chart CRYPTOCAP:BTC.D and today we will take a look at 4h time frame to make sure that everything is going according our global scenario. Today we consider wave 3 in 5 into the global 5. It has been almost done with the potential double divergence and ending diagonal at the top. The next wave is higher degree wave 4....

Skyrexio

Hello, Skyrexians! We hope you remember our previous BINANCE:BTCUSDT analysis where we told you that Bitcoin will not go significantly lower than $77k. Now price is already at $85k and people now can't understand what is happening. We can see a lot of charts where traders are calling for bear market and further deep dive. On the daily time frame we can see...

Skyrexio

Hello, Skyrexians! It's time to update BINANCE:SOLUSDT analysis. We have already told about Solana dump when price was next to $300 where told about $110 and as usual did not count last wave, but anyway bounce from this area was anticipated. What is next? Recent top was the wave 5 of higher degree, we have shown it many times, today no need to do it again. Now...

Skyrexio

Hello, Skyrexians! We have already made a lot of analytics about the Bitcoin Dominance, today it's time to update CRYPTOCAP:OTHERS.D analysis because it looks like the bottom could be in! Let's take a look at the daily time frame. We have already pointed out that globally altcoins are about to finish the bear market and the 5 Elliott waves impulse which you...

Skyrexio

Hello, Skyrexians! Recently coins started to scam, like we have seen 90% for OM, 2 days ago there were bad news from $BINANCE:ZKUSDT. Why these news are good and this is not the same story we will try to cover today. Since ZK has been listed it moves technically despite the low capitalization. On the daily time frame we can see the global Elliott waves picture -...

Skyrexio

Hello, Skyrexians! Recently we pointed out that CRYPTOCAP:BTC.D is in the last bullish wave which has a target approximately at 66% and the bear market on altcoins is almost over. Today we will look in details on this wave inside and try to predict the most precise scenario. Let's take a look at 12h time frame. Here we can see the wave 1 and 2 and now price is...

Skyrexio

Hello, Skyrexians! This Monday was calm until the huge drop on BINANCE:OMUSDT has not interrupted us. In 1 hour price dropped more than 80% and now Mantra's holders are panicking is this coin scam or not. It's almost useless to have any strong technical analysis, but as we know this coin dropped because of rug pull. In case of Luna scam we have seen the...

Skyrexio

Hello, Skyrexains! Looking at the dominance charts recently we predicted the altcoins run-up in the upcoming weeks and BINANCE:DOTUSDT will definitely take part in this bounce. Let's take a look at the daily chart. Here we cans see that impulse could be already finished. We have 5 waves, true divergence between waves 3 and 5. The only one thing is that price...