martinxi5u4

martinxi5u4 Updated 

Someone asked me for an update on the alts market, so here’s my Q4 outlook: Total 10 broke out of the narrowing wedge a few days ago, and the previous resistance trend is now acting as support. From a cycle perspective, we have two important dates coming up: November 6 and November 9 (2-3 days before or and after window). On October 6, several instruments—stocks...

martinxi5u4 Updated 

The total market capitalization for altcoins (Total 3) appears to respect the support line, which suggests we might be near the bottom. This technical analysis indicates that we are at the low side of the 0.618 Fibonacci level. This level often acts as a strong support and could potentially lead to a significant push higher, similar to the 60% increase we saw from...

martinxi5u4

LTC just broke out of this wedge that has been forming over the last few years since 2022, and it is currently retesting the breakout. I am placing a long here with a stop loss at $77, but if you want to be safer, I recommend placing it closer to $61. I think LTC has a good chance to pump hard, similar to what we've seen with XRP, Stellar, ADA, and Solana...

martinxi5u4 Updated 

There are conflicting opinions on whether BTC is in a new bullish trend or still stuck in the old downward-facing channel. Honestly, I don't think it matters. Both channels intersect today, and the price has wicked through both. From a shorting perspective, the orange channel represents the "worst case," while the purple one offers the highest downside potential...

martinxi5u4

The current cup and handle formation on the logarithmic parabolic trend suggests we'll see a distribution and consolidation phase throughout October. After November 5, the handle is expected to meet the parabola. Measuring the depth of the cup projects a price target of 0.045, which aligns with the 0.786 Fib retracement and other confluence zones. In terms of...

martinxi5u4 Updated 

Turbo has broken out of its narrowing wedge and most likely flipped it into support. This could be a breakout-retest-resumption, but its next cycle low is coming up quickly around October 4th. I have a feeling the cycle low will extend to October 6th to sync up with BTC and stocks. I’ve made my core allocations, and my strategy is to add exposure during the next...

martinxi5u4 Updated 

Copper on a possible breakout retest, resumption of a half-cycle low. 28 days of what appears to be a weekly and daily cycle low. There could be significant gains until the end of October. Entry: 9.984 Stop Loss (SL): 8.520 (The chart may look slightly different for you depending on the instrument you use.)

martinxi5u4 Updated 

Gold is expected to have a significant rally to the upside. We have now been waiting 46 days for a weekly cycle low (10 days overdue). I believe we can confidently say that the drop on July 22nd was the WCL we have been anticipating. If this is correct, $2,386 should be the lowest price we see in the next 120 days. Evidence for this includes the fact that cycles...

martinxi5u4

In the ever-volatile world of cryptocurrency, timing is everything. As someone who's been deeply immersed in Bitcoin trading and cycle analysis for years, I've learned to harness natural laws like the power law to safely navigate through. My latest analysis of BTC, spanning from 2020 to projections into 2029, shows how following these natural laws and cyclical...

martinxi5u4 Updated 

I am opening a new position on Ponke now that it's nearing the lower end of the red support line. By methodically predicting the new targets, we see a good opportunity for substantial returns. Currently, you have an excellent buying opportunity for Ponke, given that the price is at its expected lowest. Please note that while the targets are set on the following...

martinxi5u4

So many are tracking BTC cycles on lower timeframes, which seems to be very difficult because BTC behaves slightly differently than stocks. BTC develops in a logarithmic pattern. Therefore, I've made a cycle count on a slower timeframe. Here, on the 2M timeframe, you can see that we have a 23-bar cycle high to cycle high, and a half-cycle low at approximately...

martinxi5u4 Updated 

As we delve into the realm of cryptocurrency speculation, I must preface that my analysis might be tinged with a bit of emotion. However, the numbers do paint a compelling story. Let's start by recapping Turbo's impressive trajectory. Before its staggering 660% surge in May, Turbo was consistently posting daily gains ranging from 10% to 60% in early May. Prior to...

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So, $PONKE just broke out of its ATH, and we are ready for a new price discovery. As seen on July 16th, Ponke broke through the ATH level resistance. We then reversed to the 0 Fibonacci level to retest the previous ATH as the new resistance level. This previous resistance level has now flipped to support, and this price level should present a great opportunity to...

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In the captivating world of cryptocurrency trading, Bitcoin has always been a cornerstone of attention. Recently, its price trajectory has offered a compelling narrative of resilience and potential growth. A detailed examination of the current Bitcoin chart, as depicted, indicates a significant trend shift that might suggest a new all-time high (ATH) by July...

martinxi5u4

Chart Analysis: The chart depicts the relationship between the M2 money supply, US Consumer Price Index (CPI), labor market trends, and historical recessions. Key observations include: Recessions: -Historical recessions are marked and correlated with significant economic downturns. -Each recession coincides with substantial drops in the labor market and...

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The recent analysis of Bitcoin's price action shows a compelling Elliott Wave pattern that indicates a possible final leg breakout. The chart provided highlights the completion of waves 1 through 4, suggesting that Bitcoin might be poised for the fifth and final impulsive wave. Zooming in, many have also noticed the inverted head and shoulders pattern, which also...

martinxi5u4 Updated 

Due to the complexity of the previous chart, I am providing an updated close-up of Bitcoin's daily cycle low (DCL). This cycle usually spans 60 days, with a tolerance of plus or minus 6 days. With the current timing, it seems that the opportunity for Bitcoin to form another DCL is diminishing. Additionally, a CME gap is anticipated to establish a specific price...

martinxi5u4 Updated 

According to cycle theory, the BTC daily cycle low should occur within this 6-day tolerance window shown in blue. Has the sentiment been flushed out, or will we see another rollover? Personally, I believe we will cross the yellow line in the next week, steadily work our way to the 73k area, and then experience a blowout top 2-8 weeks after the ATH is confirmed.