XRP has been forming this wedge since July 2023 (possibly as far back as April 2021). Seems to have established a bottom at 0.38 and now looks to be forming a triangle and currently in the 3rd wave within the triangle. Pattern wise, price may push up towards top of trend and reject. If it does, I'm watching for a reaction as price comes down towards 0.54ish. ...
Sol has been consolidating steadily however could have found a bottom along with BTC. if on the next retrace SOL manages to remain bullish (i.e. HL) then potential of this ascending channel playing out. Invalidation is losing the low from 5th Aug.
watching reaction of price if it comes back to support. support here is essentially the floor so good conviction to long from here if price reacts accordingly.
If price comes back to this area, good opportunity to long from the bottom of the channel.
ICP has come down to the bottom of this ascending channel. Macro structure still bullish, and on lower timeframes is starting to print HLs. Swing long entry here with stop below previous low (and a little room) with a good RR.
Drawing up potential elliot wave patterns for Rune assuming we have just completed a 5 wave uptrend, and a 3 wave correction which together form part of the larger 1&2 wave of a large 5 wave uptrend that will take us into 2025/2026. Highly speculative, but fits nicely for me as a pattern. The times also align with time fibs.
Using my crystal ball, I've deduced the following predictions. Note this is purely based on fib patterns and no fundamentals whatsoever... Purely pattern analysis... DYOR, NFA
Eth looks to continue the downtrend. Fib potentially has price to potentially go back down to lows at 2903 (618 fib). Also in confluence with BTC chart which has lows around 31Mar.
PLaying around with fibs again. Looking to see where this downtrend ends. Fibs showing significant points for lows between 24-26 and 31 Mar. 31 Mar being the projected low before price pushes back up to ATH. Do your own research as this is not financial advice.
Mapping potential targets for SOL if it is to perform similar to BTC in a post halving bullrun. Note, these are based on fib extensions... i.e. past patterns that may play out again in the coming post halving run.
BTC as predicted (x.com/joedm/sta...863323543142713?s=20) started it's retrace on the 14th of march. This I believe is the dump before the halving. Originally my thinking was that BTC would hit around 88k however by 14th price had only reached 73k. I still think the retrace will be around 20% which will take price down to 59-62k area. See chart for confluence...
PLaying around with fibs again based on previous bullrun..
Mapping out potential ETH elliot wave scneario. It's also possible for the wave 3 to be much larger.. i.e. all the way up to where I have drawn the wave5 which in turn means that there is a higher wave 5 target similar to what BTC has done.
BTC seems to be pushing up in as part of a wave 3 of a 5 wave structure. Expecting a small correction possibly around the 48-49 area with the final 5 wave ending around 62k ish. Then a major correction back down to the 382 or 0.5 fib level. If 5th wave ends at 62, this may only be to 47-50k levels. Timing wise, seems BTC consolidates/accumulates in it's 5 wave...
SOL has pushed up in this channel to achieve its first target. My next target is to see SOL push up to the top of the greater channel at 155. May not happen in a straight line but this will put it 50% to the projected target >300 SOL.
MAVIA - caught this breakout. now watching to see if this maintains trend... could be the start of 3 waves up.
INJ still hasn't broken out of this bullflag... but when it does...where do we think it's going???
Looking at 2 scenarios from here. (1) Complete ABC wave down (i.e.rejecting at 0.5 or 618 retrace and heading down to 346xx. (2) Assuming ABC has already completed, starting a new 5 wave structure up to 55k