IO declined the crypto classic 70-80% from the open and is now tightening up nicely and quiet down in it's initial base. Looking for a breakout and massive catch up trade over the coming weeks. AI play. VC backed w/ no unlocks until summer 2025
SOL broke out of the inverted head & shoulders and running into the top of the seven month range. Think we get a breakout shortly, which would take us to the ATHs
AERO is the central liquidity hub for Base. It had an initial massive move earlier this year as Coinbase Ventures began buying off the open market. In the past couple weeks, Pantera and Spartan started buying in. Linear lockup. High tight flag above support w/ RSI reset and volume drying up. Looks ready for another leg higher.
ZRO broke out of a symmetrical triangle and is forming a mini base at horizontal resistance. With no unlocks until summer 2025, think this can make a huge run here. Significant institutional sponsorship
Giant cup w/ handle on the weekly timeframe. Looking for a trend line break and another mini handle near the highs. Above the horizontal line is Altseason. The Fed begins rate cutting cycle Sep 18.
Render tightening up in a symmetrical triangle just above prior cycle ATHs. Volume declining in the base + RSI reset. Looks ready to launch in coming weeks. AI narrative, Nvidia of crypto
Solana has been the liquid leader this cycle and appears to be tightening up in a symmetrical triangle. Expecting a breakout attempt in coming weeks with ATHs not too far away. Valuation comp is Ethereum MC
Bitcoin building out a weekly ascending triangle above the 20 EMA near the ATHs. Think we've seen this play out before...
ETH weekly chart is tightening up as we approach the ETH ETF approval that is estimated to be July 2. Last time we based under ATHs (left side of chart), altcoins got wrecked similar to today, but what came next was the start of some wild moves in the crypto market. Head up, time to focus.
Bitcoin developing a giant cup w/ handle. Handle only dipping 20% with volume falling off a cliff in the handle. US & HK Bitcoin ETFs push supply/demand equation heavily in favor of longs. Keep it simple. Measured move is to $300K by 2025
NEAR has been an L1 laggard, but showing relative strength off the recent low. Could play catch-up over the next few weeks towards ATHs
Bitcoin putting in a brief consolidation prior to price discovery like 2020. The past cycle saw a 3x of prior cycle ATHs, which would put the price of Bitcoin near $200K. If we have a more parabolic rip like 2017, then we go much higher. Either way, strap in.
Broke out of it's ICO base in February which led to a 4x run. Consolidating via flag and looks ready to go for next leg higher. Altman & Draper are backers
SHIB is max coiled and looks just bout ready for round 2. Measured move would be to the ATHs
SUI developing a cup w/ handle which appears to be coming to an end, and showing relative strength on this pullback as well. VCs favorite, probably push this to ATHs shortly
INJ putting in a textbook 10 week base with a very similar shakeout to December. Given how long the base is and the craziness in other parts of the market, I think we head over $100
SUI looks ready for those ATHs. Retesting support and bouncing atm. Bunch of reputable VCs behind this one
INJ getting very tight and looks ready to attempt a breakout. If so, this would be the 5th wave of this major leg. PT = $100