My Target for #Solana will be towards $1400. I wont be sharing my technique how I get this price but it has been a VERY profitable technique in the past. Congrats to anyone who accumulated in 2023. There will be a lot of FUD and people saying this will dump. A major struggle that people do in crypto is they SELL TOO EARLY.
I still think the S&P 500 is going down much further. Using Fibonacci levels to compare with GFC 2007-2009, things look very similar in present time. Old Resistance becomes new support.
Here we can see a retracement to the 0.618 Fibonacci level, similar to 2008. Also Michael Burry (The Big Short) has sold nearly everything he owns. History doesn't repeat itself but it rhymes.
Hidden Bullish Divergence on multiple oscillators. Monthly chart - powerful signal. The Trend is your friend until the end, when it bends. Will we have further upside?
DXY is approaching a long term trend line. DXY is approaching a critical fib level.
I'm Comparing the Present Bitcoin Fractal pattern to the S&P 500 Fractal pattern in 2018. You can see Bearish Divergence. Also you can see price support at the 50 Weekly Moving Average. Once the price hit the 50 Week MA after the Bearish Divergence Signal was seen, the S&P 500 broke down to the 200 Week Moving Average. Will this happen with Bitcoin before...
I'm Comparing the Present Bitcoin Fractal pattern to the S&P 500 Fractal pattern in 2018. You can see Bearish Divergence. Also you can see price support at the 50 Weekly Moving Average. Once the price hit the 50 Week MA after the Bearish Divergence Signal was seen, the S&P 500 broke down to the 200 Week Moving Average. Will this happen with Bitcoin before...
If you compare the fractal from back in 2013 to the current fractal of 2018 to present date. You can see the similarities. I've labels the tops and bottoms of the 2013 fractal with green numbers and lined them up with the 2018 - 2021 fractal top and bottoms and labeled them with white numbers. The 5th number in 2013 is a bit difficult to see so you have to...
Continuation of the Bitcoin fractal from 2013 and 2018 - 2021 We are at the 6th Wave bottom. Yet to see the 7th wave to around 85k
Possible Scenario. Just achieved Spring as per Wyckoff Accumulation.
Bullish Divergence on a series of oscillators. Pulse formed on the LT Pulse.
Bitcoin potential Wolfe Wave Pattern going off of the Daily Candle bodies.
Will the 0.618 and 0.706 Fractal continue to hold support to further confirm the fractal like it did back in 2018 - 2019?
This fractal on the 4H in present time reminds me of what happened back in 2018. Bitcoin dumped significantly and then created some bullish divergence on the RSI. Followed by an ADA & EVE double bottom pattern. History doesn't repeat itself but it rhymes.
Here is a very good Wolfe Wave Pattern. Connect Wave 1 to Wave 4 to create a target line.
Still comparing the fractal with BTC currently and a past fractal of DOT on the 4H from some time ago. Placed a Fib retracement and BTC is still holding the 0.5 Fib as support. Possible scenario of BTC going back up to make new ATH is still in the cards.
BTCUSD making a very similar fractal compared with DOTUSD. Made a 50% Retracement. Could expect prices going much higher if BTCUSD follows DOTUSD. Weak hands shaken out. Leveraged positions liquidated. Let's go.
Look at the fractal from DOTUSDT you can see a similar pattern BTCUSD has made. Possible retracement to the 0.618 and then an aggressive move higher.