StockScaper

StockScaper Updated 

Not only does Bittensor share similar tokenomics with Bitcoin, but Bittensor's current price action also resembles 2023 Bitcoin's price action (Bitcoin ETF HYPE Mania). 1) Both Bittensor and 2023 Bitcoin completed a 5 wave impulse followed by a 3 wave correction 2) Both Bittensor and 2023 Bitcoin bottomed at the white 1.618 trend based fib extension 3) Both...

StockScaper Updated 

I’d put ICP a tier or two below XRP or LINK in regard to trade setups at the moment. Funny thing: ICP is apparently a very strong cryptocurrency project with strong fundamentals. This is another example of why Fundamentals and Financials don’t matter in Crypto as ICP has performed like utter crap this market cycle. But…! A trade setup is still valid so long as...

StockScaper Updated 

There are currently 37 million alt coins that exist today. Most alt coins continue to bleed and get smashed against Bitcoin as Bitcoin Dominance continues to surge. Even solid cryptocurrency projects like Ethereum and Polygon are continuously making new bear market lows on their bitcoin pairs. Two alt coins that have withstood Bitcoin's onslaught are XRP and...

StockScaper

I'm seeing a lot of Bearish Head and Shoulders XRP "iT's aLL oVeR" posts/videos. It should be noted that XRP is following the same Head and Shoulders Fake Out Chainlink went through in 2024. A stab down below the head and shoulders neckline into the white trend based fib extension support area before going to new bull market highs. Base Case: $8 Bull Case:...

StockScaper Updated 

I haven’t bought bitcoin mining stocks this market cycle, and don’t plan on buying them, but I thought this was an interesting exercise. MARA is the undisputed king of bitcoin mining and it’s not even close. From a fundamental and financial standpoint, MARA should be the best bitcoin mining stock to buy. But Technicals say RIOT may outperform MARA for the...

StockScaper Updated 

Primary EW Count: Chainlink is trading in an overshooting B wave in a potential flat pattern. A common fibbonaci ratio for the top of an overshooting B wave in a flat pattern is the 1.236 - 1.382 fib which spans between $92.82 - $131.31. Not all flat patterns have an overshooting B wave, hence the Bear Case of $60 (1.618 fib) outlined in the previous Wyckoff...

StockScaper Updated 

Chainlink is trading in Phase E of Wyckoff Accumulation Schematic #1. The Golden Window (0.618-0.786) has caught both LPS (Last Point of Supply) for Chainlink. Here are the price targets when Chainlink breaks out of the accumulation schematic: Bear Case: $59.09 (1.618 fib) Base Case: $92.82 - $131.31 (1.236 -1.382 fib) Bull Case: $230.02 - $342.85 (1.618 - 1.786...