We have an ascending channel that depends on a low for XLM of between $0.042 and $0.05 price target sometime in the 1st quarter of 2023. In 2017 we had a meteoric rise of 67k% (67,000%) from the low price of $0.0015 beginning of 2017 up to the high of $0.93 by end of 2017. If we use a fractal and use the same percentage increase for 2025 the price of XLM could...
Using the BLX chart on the 2 days to show Bitcoin as a scenario 2 possibility for Bitcoin reaching this $330k value by April instead of the end of year 2025. there are certain parameters used to make this assertion. On the first bear market of 2014 from the bottom to the next higher low was about 220 days and then the bull started for the next cycle. The next was...
My thoughts on Don-Key Finance after the possible 2023 XRP win and BTC 2024 halving. This is of course all speculative and not financial advice as everyone should do their own due diligence on any digital asset whether it is a DEFI or other type of platform asset. Defi is not going away and so far Don is still very much alive and already down a whopping 100%. Many...
Basing a $330k BTC price into 2025 based on the previous 2018 bear cycle low of $3k+ of 2018 to the next peak high of $13,800 in 2019, then drop to $4k before it went up to $68k in 2021. We had a 1571% increase in 2021 with BTC price. If we take a similar percentage increase we could see a $330k BTC price in 2025 taking into consideration the number of days from...
I have another chart for KDA with a cleaner price action moving into the middle of December 2022. I have two price targets which are $0.46 at the 1.68 Fibonacci line and one at $0.59 which is another Fibonacci line. From the previous top, we had a 43% drop in price, and taking the same percentage drop into this recent possible high would bring us down to the 1.68...
Are we seeing a possible head and shoulders forming here on the 4-hour chart for Bitcoin? This would coincide with the $9500 target and possibly a slightly lower price into the $8900 level for Bitcoin. This price action would actually bring us into this Gareth Soloway yellow trendline.
As you can see we have a descending channel that has the Bitcoin price at $25k and two points touching the bottom of this descending channel at $17.7k and $15.8k. If we come in contact with this lower (yellow) trendline (mentioned by Gareth Soloway) we could possibly see price action at $9.5k. If this is the case the bottom could well be in this bear market.
Could the $0.30 cent plus range be the absolute capitulation scenario for KDA? The blu line is the absolute recorded low for KDA. We may pay this price a visit depending on the capitulation event with Bitcoin bottoming out at or below $9500. We could follow this descending channel if price points are correct. The other horizontal lines are Fibonacci lines that...
Are we seeing a possible head and shoulders forming here? This could be an interesting pattern with everything that is happening in crypto given the FTX collapse/contagion and other possible toxic accounts that have not been revealed that could be the last leg in bringing crypto to the last shakeout in this market. Target price with this pattern is around $0.13
Bitcoin finally showing its weakness due to the FTX scandal with SBF. We have two trendlines that are converging together to give us a possible price of $13k to as low as $8k with a middle price of $11k. What is also important to notice is the coming Ripple vs SEC case which should be wrapping up in late March 2023 that can affect the crypto markets in a positive...
We are seeing a lot of pressure in conventional markets along with commodity markets with all the inflation and recession numbers involved. With FED moving forward with strong interest rate hikes well into 2023 I can see serious pressure on the XRP price given that there is still no settlement for 2022 or the end of the case until 2023. Fibonacci levels all the...
We could possibly see this inverse cup and handle get invalidated if BTC breaks this descending yellow trendline since the $69k high in 2021. I can see a $25k price target if we follow this ascending trendline that could be forming right now.
Could we be seeing an inverse cup and handle pattern forming here? Looks pretty close to one if you ask me. We have this trendline that has yet to be broken since the high of $69k for Bitcoin back in April 2021. I have a hunch Bitcoin will possibly try to break this yellow descending trendline and then make for a serious correction to the downside possibly down to...
DXY cup and handle 2022? Target $114. The DXY has been on a tear and this could be bad for risk-on assets like crypto.
Using descending channels and 210 MA and also fundamentals with recession fears along with more Interest rate hikes we could see more downside with the Nasdaq 100.
price targets between $29k & $27k. with all the recession and inflation fears, markets are bearish for now. As we know there are still rate hikes coming by the Feds and this contributes to a weaker market for conventional stocks and commodities. We have two moving averages and a trendline that price action will have to contend with. Plus, we also see similar...
between August 18th and 22nd, we have these moving averages and a downward trendline all merging together beautifully in the middle of August 2022. I have a fractal on this ascending channel to give us an idea of a possible low of $0.32 until we move and target this circle of contention. Let's see if this is even an area we could be in within the next 18 to 22...
Because we may still see a sell-off with Bitcoin to test the $17k previous support, we may see XRP sell into a possible $0.17 target. Of course, this is previous strong support for XRP and If Bitcoin does finally test a $13k to $12k bottom XRP may very well test a serious low as well. I have a fractal for XRP to give us an example for price action. I also have...