The_Crypty_Fox

The_Crypty_Fox

On a pure chartist point of view, Eth/Btc has hit its target (pink arrow). It should now make a reversal to the top, which means Eth should start to outperform Btc soon... However it seems too early for now since the chart doesn't show any reversal pattern.

The_Crypty_Fox

As we can see, Eur evolved in a huge raising wedge since 1985. This wedge has been broken in 2015 (blue rectangle). The price even did a PERFECT pullback (blue square), suggesting the power of the trend. The target of that wedge is 0.55$. On top of this, we can see that the SSB rejected the price EVERYTIME since 2014 (red circles). The October candle has already...

The_Crypty_Fox

- Each cycle (bullrun + bear market) makes a bullflag. So we can basically determine the target of the flag (orange arrows). - So the cycle of 2014 (cycle 1) gave a target of $64 k, and this target has been hit during the cycle 3 (2021). On the monthly closing. - What is interesting is that we needed 2 cycles to hit the target. - If this pattern does the same...