US Steel has been consolidating and I think it is ready move higher. The first target will be the range high and then the blue gap. Not financial advice.
Quarkchain is a good project though the price has been in a falling trend for some time. I expect a re-test of >100 satoshi in the next months. For the mid run 150 and above can be seen. Long term prospects are pretty positive. It can be a good example of Wyckoffian accumulation example. HODLers can win.
Higher level 4th wave is still in formation and based on FTX's FTX:ALTPERP will be in accumulation in the next a few weeks. I expect the next wave will start around August.
The data suggests a cup&handle: Cup was between 1980-2011 Handle is still in progress and probably may finish by 2025 or earlier. For the short run: a re-test of low re-accumulation range of $23 can be seen. The next mid-term target will be $25. Final target will be $50.
Both scenarios are on the table. I though expect a depreciation in 2021, for the long run an appreciation looks inevitable.
A potential altseason for sure will help these projects' prices. I am not sure about the project timeline etc but I see a positive slope. The next bull targets can be 145 and 204. Further price levels can also be seen in the next term.
The Ambrosus project seems alright with some question of the past. However I think the price can uptrend with a potential ALT season. The first price target can be, with a re-test, of 343. A potential supply retest of 84 satoshi can be the next target. Though I am still positive with the price. The mid to long term target can 454 and 698 satoshies.
Gold hit $2,000 and retreat back to $1,760. It was the previous high volume level and the price reacted to that range. From a Wyckoffian perspective, this may a consolidation range. A price move above the creek will be a sign of bullishness. A price close for around a month above $1,959 will be a sign of strength. If the price stays above it, the chances of a...
BINANCE:DOGEUSDTPERP It still looks like a cup&handle. Handle is still forming and I expect to price to a pass over the creek. Although SEC's investigation of Elon Musk is a negative factor, I still think the changes are good for uptrend.
Just a BINANCE:BTCUSDTPERP idea
Bubble will burst sooner than later
It is more likely a psychological target. $1,000 will not be a surprise and it is more like inevitable. However, from an Elliott Wave count perspective, a macro correction is probable later than sooner. I expect $1,000 target to be seen but then a macro, long-time correction will be our main phase. So: short-to-mid run: long / long run: short Besides, if ...
Fundamentals is supportive, i.e. hydrogen. From a technical POV, the trend line is important. Above is pretty bullish.
It is in my opinion very much a speculative one but what I see at the moment: 1) from a wider perspective: a cup & handle 2) from a Wyckoffian perspective: it may be a re-accumulation. I expect the price will reach the psychological level of 0.1 and may expand further above.
It has been around 2 years BINANCE:ONTUSDT is in accumulation. The phases of accumulation seem to end. Although a spring can still happen, increasing volume is a positive factor for higher highs. The next target can be 1.03. With the continuation of uptrend the next target can be 1.73. @leopisbig
Although this will end with a downfall, the current (potential) distribution phase may provide a higher high, above $42k. BINANCE:BTCUSDTPERP found support at around $29k-$30k level. If there will not be any other attempt to that range, I think a new high will be becoming more likely.
Fundamentally, COMEX:HG1! has a potential with the new green economy and its new applications. China was the dominant consumer of it but in the next term, not a country or countries but a sector, including EVs, will dominate the market and prices. This is a long term prediction. I think current supply CAPEX is not enough for the next term. Thus, we can expect...
The price trends since 2008 looks like a re-accumulation. The last price collapse was possibly a spring. It was interesting that the test was the lows of December 2008. I expect TVC:UKOIL will find support in the next days. I don't expect a price re-test of $30. In the long run, we can expect the prices above $100, when the price is ready to pass over the...