shubbs

shubbs

Minor wave 1 of this wave C since 11/10/21 went to $39650. Minor wave 3 of this wave C since 11/10/21 went to $32933. Minor wave 1 was $12500 in length. Minor wave 3 was $11500 in length. This minor wave 5 which is now beginning should go from $39000 to about $26500 in the next 2 weeks. That will complete intermediate wave (4) which started at $64899 in...

shubbs Updated 

The middle curve on the bitcoin log growth curve indicator by Cole Garner represents fair value for bitcoin. Historically here are the times when bitcoin was either overvalued or undervalued: Oct 2010 to Apr 2011: 7 months below May-Aug 2011: 4 months above Aug 2011-Mar 2013: 19 months below Apr-May 2013: 2 months above Jun-Oct 2013: 5 months below Nov...

shubbs

Wave (4) in 2017 went from $3000 to $1758 from June 12th to July 17, 2017, a 41% decrease from $3000 to $1758. Bitcoin then went over 11 fold to finish the bull market and wave (5) five months later on 12/17/17 at $19892. This wave (4) now is capitulating and coming to an end soon. Wave (3) went up too far with BTC going from $3858 to $64899, a 16.8 fold move...

shubbs

IMX has been listed on both Coinbase and Binance. On Coinbase the chart pattern has been an ABC correction since the beginning of trading. It looks like it bottomed the C wave on Jan 11th. The impulse after and the correction hit the 0.618 Fib retrace. IMX looks like an excellent buy and is undervalued to its beginning of trading.

shubbs

There is not much data on ACH yet; it's just been listed by Coinbase and Binance, however. 1. The 4.236 Fib potential of the extension of the beginning of trading, wave (1) and wave (2) is $1 by year end. 2. ACH is undervalued now compared to its potential by year end. ACH could 16x the current price.

shubbs Updated 

Reasons DOT is now undervalued: 1. Trendline support since Sep 202 was hit on 1/10/22 at the $22.20 bottom. 2. ABC wave (4) correction since 5/10/21 is probably finished at the $22.20 bottom. 3. 4.236 Fib extension potential of the intermediate waves (2), (3), and (4) is $221.40, about 8x the current price. 4. ATH of $56.22 should be obliterated in...

shubbs

Reason 1: This C wave from $69000 on Nov 10th: Minor wave 1 is $13400 in length; minor wave 3 is $18100 in length, minor wave 5 is $12500 in length. Minor wave 5 is roughly equal to minor wave 1 which principle is often followed in Elliot Waves. Reason 2: The line from Intermediate Wave (3) to Intermediate Wave (4) has many support and resistance areas that...

shubbs

Ethereum's price history has been spectacular. Here are the Elliot Waves for the 2015-17 bull market (Binance prices): (0) 10/19/15 $0.42 (1) 6/13/16 $21.67 51.6 fold (2) 12/5/16 $6.04 -72.1% (3) 6/12/17 $439.90 72.8 fold (4) 9/11/17 $193.33 -56.1% (5) 1/9/18 $1529.49 7.9 fold Here are the Elliot Waves for the 2018-22 bull market: (0) 12/7/18...

shubbs

Elliot Waves for Bitcoin since this bull market started on 12/15/18: (0) $3129 12/15/19 (1) $13868 6/26/19 (2) $3858 3/13/20 (3) $64899 4/14/21 A $28800 6/22/21 B $69000 11/10/21 1 $53533 11/26/21 2 $59250 11/30/21 3 $42333 12/4/21 4 $52100 12/27/21 i $45650 12/31/21 ii $47990 1/2/22 iii $42500 1/5/22 iv $44600? 1/7/22? (4) C 5 v $39150? 1/10/22 to...

shubbs

Bitcoin did a bump and run pattern in May to July. It passed its downward resistance line and then fell for many days down where the resistance line acted as support. The support line was at about $29.2 K. Bitcoin reached the low and the apex of the blue triangle on July 20th at $29296, then went 2.35 fold in 3 months and 21 days to $69000 on Nov 10th. ...

shubbs

Litecoin on the Bitfinex chart hit $370 in Dec 2017. It retraced in the 2018 bear market to $22 in Dec 2018. It did a W pattern by going to $146 in June 2019, then $24 in Mar 2020, then $413 in May 2021. That formed the cup with the top of the cup in the $370 to $413 range. Since May 2021, LTC has gone down to $104 in July, up to $302 in Nov, and down again to...

shubbs

This 4 hour Bitcoin chart looks like the sub minuette waves are finished and it's time for the minute wave iii to move up the price of Bitcoin. It looks like Bitcoin finished it's ABC pattern at $42333; the move up the past few days and then back was nothing more than minute waves i and ii. This consolidation reminds me of the triple bottom near $29k back in...

shubbs

There have been 14 bull cycle moves up in this bull market since the last bear market low at $3129 on 12/15/18 (BLX and Coinbase prices): 12/15/18 $3129 12/24/18 $4239 35.5% 2/6/19 $3341 6/26/19 $13868 315% 7/7/19 $9071 8/6/19 $12320 35.8% 10/23/19 $7296 10/26/19 $10540 44.5% 12/18/19 $6430 2/13/20 $10522 63.6% 3/13/20 $3858 8/17/20 $12486 224% 9/5/20 $9813 1/8/21...

shubbs

BTC bottom of the cup $57600; BTC top of the cup $66900; Depth of cup = $66900 - $57600 = $9300 BTC target once cup and handle are broken at the top of the cup at $66900: $66900 + $9300 = $76200 Cup and handle may not play out exactly; I just see one maybe happening after seeing this pattern hundreds of times to this point.

shubbs

The 1.618 Fib extension of minute waves 3 and 4 yields about $100K. The 2.618 Fib extension of minor waves 1 and 2 yields about $100K. When there is confluence in waves near similar major Fib extensions, there is a good chance of a correction near that price value. After the correction, I suspect minor wave 5 will end near the top of the log growth curves...

shubbs

Just so everyone understands the term. A parabola starts off slow and gradually increases in value until it goes almost vertical into a blow off top. Bitcoin did this in 2011, 2013, and 2017. It is starting the parabola and will go steeply up soon.

shubbs

The ETH chart is uber bullish. A cup and handle has formed over several months. The top of the cup is $4000; the bottom of the cup is $1700; the cup depth is $2300. The target of this cup and handle is cup top + cup depth = $4000 + $2300 = $6300. At the cup top of $4000, ETH has gone over the cup top and tested the cup top as support. ETH is ready to rock and...

shubbs

There is a cup and handle currently in Bitcoin that should play out soon. Cup top = $62900; Bottom of Cup = $58900; target for breakout of cup top = $62900 + Cup Depth $4000 = $66900