Well I hope this analysis isn't correct as it would mean absolute devastation for every market Globally. But it looks like Klaus Schwab is getting his way with the Great Reset. This Analysis is predicated on the idea that Bitcoin has completed a wave 1 at Cycle Degree in November of 2021, meaning we are now in a Cycle Degree wave 2 correction which will correct...
Ethereum appears to be forming a rounded bottom over the past few weeks. If this is to be the case we should see price start to pick up over the weekend with a price target of around 1772. Once the structure is complete I would expect a correction to last 2-3 weeks with a price target of around 1434 which would be the .618 retracement of the prior move. The...
The blue line is Bitcoin from 2015-2019, you'll notice it's not exactly the same but very similar. A lot of people are in complete fear right now and I think this chart gives some perspective as to the current opportunity. If price action for LINK is anything like BTC, we should see an accumulation range for the next couple months before the start of a new bull...
Chainlink is just weeks away from a breakout. We are in an almost identical pattern to 2018 and what followed was a 2 year 4200% gain against bitcoin. Not to say this will repeat exactly the same but it's certainly time to look for link to start making some large moves. However, I wouldn't be surprised over the next week or two if price dips another 10% or so to...
Compound is on the verge of a breakout any day now. It has been consolidating since May 2021 so this next move will probably be something for the history books. There is definitely a lot of resistance overhead so this should be a very tradable altcoin with clear take profit and reentry positions. I've laid out some basic places to potentially take some profit or...
Kardiachain is on the verge of breaking out from its downtrend. This could be followed by serious momentum if it were to occur as the price has essentially been going sideways since march 2021. With recent upgrades to the network that make it compatible with web3 applications, fundamental and technical analysis are both looking extremely bullish for KAI. IMO this...
Litecoin is on the verge of breaking an 8 year downtrend against bitcoin. This could lead to an absolutely ridiculous move occurring over the next few months and potentially up to a year. The trend line has been well tested and historically speaking when litecoin breaks out against bitcoin it tends to run hard and fast. Be on the watch for a break of this...
The current price action of bitcoin is eerily similar to that of just days before the march 2020 covid liquidity crisis. This fractal would bring the price of bitcoin down to around $10,000 per bitcoin. However similar the charts may seem let's also mention that the macro economic climate is significantly different than that of march 2020. And although I don't...
Bitcoin has been in a downward channel since the November highs, but appears to be on the verge of breaking out. Confirmation would be needed on a daily close above $49,300 and upward targets would be first $53,700 followed by $60,000. If the price is able to break above $60,000 and hold it as support on the daily timeframe, that would confirm a high probably of...
I believe we are in the mass adoption phase of bitcoin. Over the next 2 years it is possible we see another massive logarithmic parabola that takes the bitcoin price upwards of $1,000,000 per bitcoin. I know it sounds ridiculous, we haven't even reached $100,000 but we are currently just over 2% of the world that has bought bitcoin. We are extremely early, and the...
Cardano just fell out of a rising channel (in log scale) it's been in since the march 2020 crash. We are currently battling with the .618 retracement but given that we just broke down from the channel I feel the probably is much less likely that this will be our bottom. I'm expecting this correction to last a minimum of one more month but more likely to last at...
Ethereum has just broken down from a rising channel (in log scale) it has been in since the march 2020 crash. I'm expecting this correction to last at least one more month, but more likely to take place over the next 3-6 months. My targets would be for price to reach the .618 retracement at around $2900, however in reality we will probably be going a bit further...
Solana just broke down from a rising wedge pattern (in log scale) it's been in since its inception. This is happening as ethereum is breaking down from the channel it's been in since march 2020 and amid talks of a quicker fed taper than anticipated. As a side note, a lot of my friends, who don't know much about crypto, were asking me about buying solana a couple...
The S&P 500 has been trading within an ascending wedge since the liquidity crisis in march 2020. We are now nearing the end of this trading range and if price opens and closes a daily candle above or below our trend lines that would give confirmation to the breakout or breakdown. More often than not I would expect this pattern to break down with the measured move...
I have updated the previous bitcoin fractal pattern to match up more precisely with the current price action. The fractal still looks to be in play and is actually almost identical to what occurred in March 2020 during the liquidity crisis. I know a lot of people are still calling for a sub $30,000 bitcoin but I really don't think that is in the cards, granted...
The blue line pattern is what occurred in march 2020 during the liquidity crisis. I believe a similar fractal pattern is playing out now with the bottom coming in around $30,000 on may 19th. If this pattern is to continue I would expect a second touch at the .5 fib level around $34,500 and a swift recovery over the next few weeks, making new all time highs...
Eth appears to be consolidating in a symmetrical triangle pattern. I expect the consolidation to continue until the 3rd or 4th of March. I’m leaning towards the bullish case scenario considering we are in a bull market but wouldn’t be surprised if we broke down and continued the correction for another week. The immediate targets following a breakout to the upside...
