a dot appeared in a dream and some autistic thoughts, but it all made sense and then this target for eigen magically appeared in my mind. not financial advice
Bitcoin is turning bullish on a weekly basis for the first time after a deep red bear market phase. This is a huge signal and usually indicates the beginning of the next cycle. I have marked the deep red phase in purple and the first weekly signal with an arrow on the chart. This is the first phase of the cycle, so I would not expect any crazy end-of-cycle...
People have been capitulating on alts and strong hands have bought them up on spot. Leverage got wiped out. We see TOTAL3 hitting the weekly ma20 with a hidden bullish divergence on rsi, and retesting the rsi neckline. There will not be many of these opportunities to load up spot on a weekly bull market correction. I think this is the last dip before a huge alt...
I just looked into the crystal ball and it told me the big frontrun is coming. It said the 2nd pre halving rally is also fuel by the etf frontrun, laughed about my 46k target and then it warned all bears: "The path of the righteous man is beset on all sides by the inequities of the selfish and the tyranny of evil men. Blessed is he who, in the name of charity and...
Gm, the cycle heatmap says we are still early. This idea is purely based on the 4 year boom and bust cycle theory. We expect btc to bottom about 1 year before the halving and top at least 6 months but probably 9-18 months after the halving. So I adapt this theory to the total market cap and estimate a conservative 50% btc dominance to get an idea of the total...
Trying to figure out the target for the bitcoin bubble that usually occurs after the all-time high. We've seen in the past that bitcoin usually has a big correction after topping of 94%, 86%, 84% and 78%. The bear markets are bloody, but still a bit softer each time while the market majors, so I am assuming a 70% decline this time. I also assume that the log...
Shapeshift was originally founded by Erik Voorhees as ShapeShift AG, but then became the first company to decentralize and become a DAO. Currently, Shapeshift is participating in the success of RUNE and the increasing move from centralized exchanges to decentralized exchanges after the collapse of FTX. Shapeshift is a cool project by itself but there is another...
Let's take a closer look at what's going on with Cosmos. In the past, the top 100 cryptocurrencies and crypto projects were mostly dominated by eth-related projects, that's still the case, but there is one ecosystem that caught up a lot during the bear market, it's Cosmos. Currently, 8 out of 100 are using Cosmos technology (ATOM, CRO, RUNE, INJ, TIA, KAVA,...
The current ETHUSD weekly is very similar to the BTCUSD daily from the beginning of 2019. It is likely to follow BTC. Fees on ETH are rising, which creates a positive feedback loop as staking revenue increases.
In the short history of bitcoin, its price usually pumped two times before the halving. I think many people currently focus too much on 2019/2020, which could be recency bias. I see 2020 as an outlier where the second pre halving pump was interrupted by a black swan event. See yourself how bitcoin first rallys from the bear market lows and then has another leg...
" FWB:PEPE is a meme coin with no intrinsic value or expectation of financial return. There is no formal team or roadmap. the coin is completely useless and for entertainment purposes only." That said, it looks like PEPE is becoming the memecoin of this cycle, when I compare the pepe chart with the doge chart, pepe looks much cleaner. Also the volume vs market...
Picking up some NYSE:S here, it broke out from the log trendline and retested it on large volume. It looks like this stock has found its long term bottom. With a stop around 14.30$ and a target of 28$ it offers a risk reward ratio of 1 to 10.
I am expecting a strong up reaction to the important weekly support levels of the weekly ma200 around 26300 and the weekly ma20 around 25600, so it should be an optimal trade entry to buy the btc dip in this pull back phase. With the strong long term support it can then form a new short term uptrend channel and likely retest the 30k price level.
the selloff in this uranium stock looks like a wyckoff spring accumulation pattern. the daily chart showing a high tight flag pattern on breakout which often leads to a longer trend. it seems like nuclear power will play a role in the change to green energy
Bitcoin is currently trading below the 200 week ma. I didnt expect this to happen so quickly personally. But its what it is, seems like there is a lot of forced selling in the market from leveraged positions which got caught off guard. It shows that even low leverage has massive risk if the market goes down sharply in this case over 50% and especially when funds...
NEARBTC has formed a bullish divergence and is starting to bounce from the low with significant volume indicating a setup for a rebound trade with a chance of trend reversal.
Dydx has completed a wyckoff accumulation and is entering the mark up phase after throwback