shubbs

shubbs

4/13/11 BLX exits the bullish Mayer Multiple price bands above the 200 dma at $0.93; BLX goes parabolic until 6/8/11 $31.90 top above the top of the price bands. 3/13/12 BLX enters the bullish Mayer Multiple price bands above the 200 dma at $5.28; 2/15/13 BLX exits bullish Mayer Multiple price bands at $27.26 and goes parabolic to 4/10/13 $268.67 top above the...

shubbs

LINK has finished wave (4). A minor wave 1 followed by an ABC corrective wave 2 should be completed now. Minor wave 3 should break the triangle UP.

shubbs

I've got BTC in an ABC correction that will eventually break down and fill the CME gap. BTC should be going sideways for a few days then break down to complete the larger C wave. Mid to longer term BTC is very bullish IMO.

shubbs

This correction the past few weeks has one more leg down. The descending triangle formed the last few days has one more c wave correction coming. Once the triangle is broken to the downside, the CME gap from July 24th at $9600 will finally get filled and the ABC bigger correction the past few weeks will be finished. A new bull wave will ensue in the coming months IMO.

shubbs

Many times Bitcoin has held its 20 week moving average in its bull cycles. These are the weeks Bitcoin has pulled back near the 20 wma and the average held as support. 6/4/11 6/4/12 11/5/12 9/30/13 3/28/16 5/23/16 8/29/16 1/9/17 3/20/17 7/17/17 9/11/17 Bitcoin has pulled back to $9895 this week. The 20 wma for Bitcoin is currently about $9700. Will BTC hold...

shubbs

Bitcoin has made an intermediate wave (1) when it hit $12486 on 8/17/20. The $8628 move from the $3858 low on 3/13/20 completed the wave. This is intermediate wave (2). A 38.2% retrace to $9190 would be good for Bitcoin's future moves to the upside beyond $20K and would fill the CME gap at $9600. 161.8% of the $8628 move in wave (3) would take BTC to $23150 if...

shubbs

The Historic Volatility (HV) indicator has been accurate in the past two cycles in projecting when Bitcoin will reach its new all time high (ATH) price. In Nov 2012 the HV hit a low of 88. Price closed that month at $13.48. In Feb 2013 the price high was $34.19 and the price closed at $33.42, higher than the $31.90 June 2011 ATH. In Nov 2016 the HV hit a...

shubbs

XRP in Jan 2017 was $0.0037182. In Jan 2018 it rose to $3.53, a 949 fold gain. In Mar 2020 XRP bottomed at $0.09794. The trend line resistance long term I have projected to $164 by Dec 2022. If it went that high by then it would be a 1674 fold gain. Even if the top of this bull cycle is the end of 2021, the top of that trend line is near $100, a 1000 fold...

shubbs

In 2018-19, the 25000 to 29000 satoshi range for XTZ:BTC was resistance. In 2020 that area is now support. This is a good time to buy XTZ IMO and HODL long term.

shubbs

It looks similar to what happened in May of this year. This final C wave should end soon.

shubbs

This is the fifth time in the last 5 years that LTC has broken the downtrend line of the LTC:BTC ratio. Each of the 4 times in the past LTC has not only appreciated against BTC but also greatly against the U.S. dollar. 1) May 2015 to July 2015: the low of the LTC:BTC ratio was hit in May at 0.005840 when LTC was $1.36. Two months later the LTC:BTC ratio rose...

shubbs

A 50 x from today's price is really probably if BTC goes 20 x in the same time frame IMO. The Elliot Wave (5) will end soon and there should be a significant correction. However, long term HODL'ers of LINK will have an excellent opportunity to DCA in on the correction.

shubbs

ETH has been in an ascending triangle the past few days. It has just broken out over the $400-$410 resistance area. The target is over $500 now in coming days/weeks.

shubbs

The 21 wma just crossed the 50 wma in Bitcoin today. This hasn't happened since June 2019 when Bitcoin last reached $13800. This is very bullish for Bitcoin. The 21, 50, 100, and 200 wma's are all in bullish alignment. The 21 wma should provide support in a BTC bull market until the top if this cycle repeats what happened in 2016-17.

shubbs

I've counted 15 times since Aug 2017 that 30 cents was either support or resistance for XRP. It recently broke 30 cents again and is trying to maintain 30 cents as support. The $3+ 2017 high will probably be greatly exceeded before this bull cycle is over IMO.

shubbs

Tezos is starting to pull away from $3 after consolidating the last few weeks. If cryptos peak at the end of 2021, then I could see Tezos (XTZ) near $200. Tezos should continue to outperform BTC in a bull cycle.

shubbs

LINK surpassed what was $5 resistance a few months ago. It is now over $9 after a recent pullback to $6.60, not even close to testing the $5 previous resistance level as support. If cryptos peak in this cycle at the end of 2021, then I could see LINK approach $400. If cryptos peak at the end of 2022, then I could see a much higher price for LINK.

shubbs

The bull market is now started. BTC typically moves up quite fast in a bull. It is exhibiting that now in this 3rd subwave of intermediate wave (3). It is possible Bitcoin could reach an ATH either by the end of this year or early next year.