gz1968

gz1968

I show two possible wave (5) endings. It is possible that an extended (5) could occur. Notice that waves 1,2,3,4 touch the channel perfectly. Wave 4 tags the 0.5 fib (linear) and such I show the algo targets. The wave (2) count can be counted differently. It is something I ran with. This count solves the alternation issue, as now there is Sideways (2) and Sharp...

gz1968 Updated 

I posted a video on XRP which goes into the detail. This is the weekly macro chart. XRP has finally finished its multi-year retrace. All up from there. I have a $15 price target based on a triangle thrust measurement in log scale. Video link below

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gz1968

XRP has finally completed the wave 4 of a multi-year triangle. Now it will begin a massive impulse. I've always expected XRP to reach at least $10. I could see it spiking up to $20 or $25. The target from the thrust measurement of the triangle (log scale) gives $15. So perhaps that will give you ideas. People who are giving targets in triple digits - they are...

gz1968 Updated 

This analysis is based on Elliott, fibonacci, pitchfork, and pattern of past bull runs. I am posting charts of smaller time frames below too for more detail. The algos tagged the golden zone (0.618-0.65 fibonacci) in log scale. Because of this, I do the target estimations in log scale. This results in an uber target estimation. I pattern the estimation based...

gz1968 Updated 

I show two possible retrace targets for Verasity. It will become more apparent which it will be as the wave down unfolds. I expect VRA to pump massively once this drop is finished.

gz1968 Updated 

So ORAI is getting closer to the bottom. I show two ending scenarios.

gz1968 Updated 

BTC (arithmetic) - This wave 2/B/X count is a Sidways Double Combo in Elliott terms. That is a: W(zigzag), X(zigzag), Y(triangle). The X zigzag is awful. But what is interesting, is if you look at TOTAL chart (Total crypto market cap), that same wave is a clear zigzag. Why do I have (1)/(A)/(W)? This is because Bitcoin may not be doing a huge impulse as per...

gz1968 Updated 

GRT is preparing to pump. I show the Elliott count. I show the convergence of trend lines. I show another chart below on a smaller time frame.

gz1968

TOTAL = Total Crypto Market Cap I've been pondering this idea. When BTC pumps, do not assume a duplication of the past 4-year cycles. The treasure yield curves have crossed 12 months ago, and it has been an indicator of market crashes and recessions. Typically the market crash and recessions begin anywhere from immediate to 18 months later. Well, 12 months has...

gz1968

This analysis is about as easy as it gets. This 7 EMA and 21 EMA has a great track record during this sideways movement of XRP. Just buy/sell at the crossing points.

gz1968 Updated 

I've been trying to figure out BCH on the small time frame and I think I finally got it. BCH has simply formed a whacky triangle for a wave 4. It became more evident when I overlaid BTC. I'm not claiming the same for BTC by the way. I show my macro count for BCH below.

gz1968 Updated 

HBAR analysis Multi-year trend line has been backtested. 12 EMA + Vegas chart indicator not showing buy yet (indicators lag) Daily count shown. Notice trend line (log) has been broken and backtested. 8 hr count is tricky - I suspect HBAR is bullish and starting a diagonal. If I'm wrong, well then that sucks. 😆 1 hr count - in corrective mode right now. I show...

gz1968 Updated 

To get more clues on what BTC is doing, I analyzed the TOTAL (Total Crypto Market Cap). I use Elliott, trendlines, and fibonacci. I keep getting the same results on many analysis, of the bull run starting in October. I label my waves 1 A W and 2 B and Y. Why is that? There is a real possibility, that crypto does a huge pump for months, then another bear market...

gz1968 Updated 

BCH looks like it has one more drop to it, perhaps to the 0.886 fibonacci around $130 roughly. It has been channeling nicely, which can help us determine the bottom as we get closer. I circled the Fixed Range volume that I suspect marks where the drop will stop. There is a Demand zone marked in green at this same area too. This will be the end of the retrace,...

gz1968 Updated 

I think VET has bottomed. Is it possible this current retrace creates a new bottom? Sure. But currently, I don't think that will happen. If it does, I'll reevaluate.

gz1968 Updated 

Has BTC formed a diamond pattern? I got the idea from member Tolberti . Diamond patterns are reversals at tops and bottoms. But, like head-and-shoulders, they don't always do as expected. I thought the idea was amusing, and possible. Therefore, I applied Elliott to it for two possible counts. The more bullish count is below. So let's see what happens.

gz1968 Updated 

I'm only short for BTC near term until this wave 2 finishes Sep-Oct. Once it completes this wave 2, I'm bullish. Scenario 2 for me is the expanded flat. Scenario 1 is a Sideways Double Combo, barely. I'll post a chart link below. I realize my wave B is a low probability due to the terrible (a) to (c) relationship, with an ending expanding diagonal to boot. I...

gz1968 Updated 

My macro outlook, and short term outlook, is the DXY is bearish. I use Elliott to help me make sense of it on the weekly, though such an asset unlike a stock, ranges. So Elliott I think is good for understanding wave structures but probably not so much for tying the structures together over decades. For now it looks good. My outlook on DXY is that it did in...