sacred73yt

sacred73yt

ez pair trade overvalued tecc stonk vs future of finance / global reserve currency nvda and many other tech stocks rallied 150% since the previous lows, i think its time btc plays catch up (currently up around 100%, previous bear market rally was ~340%) nvda also has highest p/e ratio it has ever had (150 p/e) so i think this is a good option if you're looking...

sacred73yt

I think arbitrum, optimism, etc. will take a lot of BNB's dominance in terms of total crypto market capitalization. Also, with fud around BUSD and regulators seemingly targeting CZ / Binance, I expect Binance to underperform, though I think eventually when it is at a fairer value it may have another run. Coinbase also launching their own chain which means...

sacred73yt

Originally I thought around $111 would be the bottom, and it turned out to be at least a local bottom. However, I think we may run up to around $165 and then one final dump, potentially putting $TSLA at around $65. If this ends up being the case I think it will mark the "actual" bottom, and it would be wise to start buying heavily, NFA, just my opinion and what I...

sacred73yt

My realistic estimate would be that $BTC continues to rally at least to $25k, possibly even $28-30k as this is likely going to be a strong resistance level, then, if/when Q1-Q2 earnings are awful, it dumps back down IMO to $13.8k. I think the bottom could be as low as ~$10.8k or as high as ~$15k (approx. previous low, double bottom), however, I feel that $13.8k...

sacred73yt

qwjiweqwjeioqjeiwoeqj dont feel like typing out explanation but here is some scribbles of how the remainder of bear cycle may play out, $750 bottom approx

sacred73yt

Just charting a couple different possible scenarios for Chainlink because I'm bored. This is similar to the one I previously posted but with less downside and a lower cycle top. Keep in mind I am not trading this or using this as a strategy whatsoever, just some random TA for me to practice with tbh

sacred73yt Updated 

Reality going to set in. Tbh I think this is a generous forecast - we'll see, maybe I'm wrong. I often am. $111 bottom on the dot

sacred73yt

I never thought we'd see $LINK prices even as low as they are, however, given that we are likely heading into a fairly substantial recession, I could see something like this playing out.

sacred73yt

I don't necessarily believe the fud surrounding Binance entirely, I don't think the situation will be nearly as bad as FTX. However, If it is as bad it could follow a similar pattern as FTT, the charts look scarily similar. Even if not, I think BNB still dumps pretty hard from here, regardless of how bad their situation is.

sacred73yt

I think we're gonna see a big move in Q1 2023 (hopefully to the upside). In any case, Chainlink is one of the few alt pairs that likely wont go to 0 against BTC & ETH. I'm not 100% confident because market conditions are pretty messy rn, but if I were shorting alts at these prices, the last one I would short is Link IMO. (if I were to short an alt here it'd prob...

sacred73yt

Despite disappointing performance in the previous bull run my long term thesis on Chainlink remains unchanged. Ultimately, there aren't many projects that I can imagine will be around in 5-10 years, however, Chainlink is one of the few that will. Now that hype has died down significantly in the crypto-space, capital in the market is starting to flow back into...

sacred73yt

Just a couple key areas I'm targeting as I think LINK will continue to outperform the vast majority of alts throughout the bear market including ETH and BTC

sacred73yt

I am a fan of BNB longterm but the monthly/weekly charts on this pair look like they need to cooldown a bit after a huge run up, and the shooting star candle pattern indicates a potential bearish reversal. At lower levels I would definitely buy some BNB especially now that they have very little competition since the FTX situation.

sacred73yt

bnb has been holding really strong but i think it needs to retest some key areas ($185-215)

sacred73yt

Chainlink $LINK has broken out of a brutal downtrend against Ethereum $ETH. LINK has been bleeding against ETH since August 2020 and finally looks ready to breakout of the trend and hopefully go to new ATHs. Link was the star of last bear market, and as we head into poor macro conditions, it looks like history may repeat itself. LINKETH is also sitting on major...

sacred73yt

A look at what could possibly lie ahead if macro economic conditions continue unfavorably and we ultimately head into a multi year recession/depression; using Elliot wave theory / an Elliot wave correction model.

sacred73yt Updated 

Just a fractal of what I believe could be a possible scenario for Bitcoin if we continue the current bear trend and unfavorable market conditions.

sacred73yt Updated 

tesla short idea main price target @ $350. i like tesla and think they have a bright future but as we head into unfavourable market conditions i'm expecting a fairly major correction.