Elliot waves. Chart explains it all. We are now in the midst of wave 5. Expert a new bottom to be achieved within the next 8-12 weeks, at around $12-10K USD per BTC. Good luck and trade safely! Will be buying a lot of crypto at these prices.
This is currently my biggest position in the market. Betting big on BNB's decline. Have been monitoring this pair for over a year now, and it's been stuck in this range between $200-400. As soon as the $200 support level is broken, you can see there is no clear support until $45. That is a massive 75% gap in between both support zones. BNB has just broken down...
We are currently in wave 5 of the bear market correction for Ethereum. Expecting the bear market bottom to be approximately $400-500 USD per ETH. Will be buying a lot of crypto at those prices. For now, I am going short at these levels. Another massive indicator that bears will soon take over is the BNB (Binance Coin) chart. FUD is coming....
Short from $15 SL $17 TP 1: $10 TP 2: $8 TP 3: $4 Looks like a steep correction is bound to happen.
Going short on Apple here. By far the most overvalued company in the stock market right now, with a 2T market cap. Below I will mention multiple indicators suggesting Apple will go through a big correction in the upcoming months: 1) Apple's P/E ratio is 22.57 (Stock is approximately priced in 22x it's actual worth) 2) Chart looks very bearish, with the...
Bitcoin is getting ready to die. It will not survive. Call me crazy, call me a conspiracy theorist. I think the entire market will get shaken up by a black swan eVent, and people will have no choice with soaring inflation but being liquid for means of survival. I believe in many cryptos and that when regulations come this space will thrive in the next utility bull...
Believe it or not, Ethereum will go down to it's 2020 lows of $85 again. And it's going to happen pretty fast. I believe it will go that low within 4-8 weeks. Chart looks completely broken. My targets are the following: TP 1: $800 TP 2: $570 TP 3: $400 TP 4: $250 TP 5: $100 Ethereum looks very bearish both against the dollar AND against Bitcoin. I believe...
I expect Binance to get sued by the SEC in the coming days, it all makes perfect sense when you look at the chart. The massive breakout that we had in 2021 needs to AT LEAST go for a retest. That retest happens to be all the way down at $40. Short with confidence. Stop Loss: $250 (highly doubt it will ever hit that anytime soon, with the FOMC meeting tmrw...
Ethereum is bound to go under $1000 within the next month. Head and shoulders pattern has a target of around $800, and to top that off, it just broke down from a descending triangle with a similar price target. It's also expected to bleed against BTC in the upcoming weeks and months. Short now. TP 1: $1110 TP 2: $800 Stop Loss: $2200
XRP is still perfectly on track to complete its wave 5 of the corrective phase (as predicted on previous analysis). I am expecting a breakdown to the 20 cent region, with a possible wick all the way down to 11-12 cents. The 20 cent area is already a great buy zone. Targets on the LONG term (2024-2025) remain intact.
BTC is still perfectly on track to complete the breakdown to 15K (as predicted on previous post). Now is not time to go long, markets will further crash in the upcoming days/weeks. I expect a lot of buyers to come in at this level and a quick rise back to above 20K. Check out my previous idea below.
It's all on the charts. Double top pattern. bear flag consolidation, bearish cross on the EMA ribbon for the first time in 4 years..... See you at $15K at some point this year to complete this sharp ABC correction. Pretty self-explanatory. Don't FOMO in, wait until there is more blood. If you think crypto is bloody right now, you haven't experienced the crash...
The chart speaks for itself. Classic ABC correction with 5 waves within each wave occurring on the weekly. As stated before, I expect XRP to hit the .25 cent region before it regains any significant bullish momentum. In addition, a strong dollar (DXY index) indicates bearish times for the cryptocurrency market, with Bitcoin going as low as $13,500, Ethereum...
XRP holders, I know a lot of you are hoping for XRP to hit $10-13 in 2022... After ZOOMING out, I've identified an interesting pattern that tells me why it won't happen JUST YET. In this video, I go over XRP on a macro perspective, and explain why I think XRP will only hit $10-13 (4.236 FIB EXTENSION) in mid-late 2024, which coincidentally or not is shortly after...
GOOGLE, just like virtually every other tech stock has had an outrageous run in 2020-2021, but is showing increased signs of weakness. Trend line is broken on both the weekly and monthly time frames, and technical indicators show bearish divergences across the board. In addition, growing fears of a Russian invasion in Ukraine don't make matters any better. Going...
NEAR has been one the strongest alt coins in the entire cryptocurrency market over the last few weeks/months. With that being said, everything that goes up must go down, unfortunately. NEAR has bearish divergences on almost every time frame, and is way too overextended on the weekly and monthly timeframes. I am expecting a top at around $20.5 to 21 USD, where I...
$LUNA, alongside $MATIC has had a great run, decoupling from the general market and forming new all time highs while most of the market is underperforming. Over the last few days, however, it has shown several signs that it needs to cool down. Bearish divergences on almost every timeframe, plus a falling wedge has now developed. In my opinion, this is a very...
Bitcoin has hit its 4.236 FIB extension and I believe it has topped out. It should revisit 10K by the end of 2022. If you have been in crypto since 2020, you've made insane profits, don't let your greed make you lose it all. I am very bearish for 2022 mainly because of tapering, deflation, and I suspect that world leaders will come up with another huge black swan...