shubbs

shubbs

BTC just broke above $11300 and is now challenging the $11420 high at the top of the flagpole. Pole went from $9800 to $11400; BTC target in a few days/weeks is $11400 + $1600 = $13000.

shubbs

The move from $234 to $334 formed the pole. The last 3 days formed the pennant. ETH has already broken the pennant to the upside. Next target is the price of the break out at $320 + the $100 move to form the pole or $420.

shubbs

The flag pole went from $9800 to $11400, a $1600 move. Bitcoin is now in a bull pennant. Once it breaks, then the target is $11400 + $1600 = $13000. It will also set off the next impulse wave that will go much higher than that, possibly to $15000.

shubbs

Bitcoin's wave (1) move in the first half of 2019 was from $3128 to $13868, a $10740 move in 6 months. It then went on a 9 month wave (2) correction, retracing almost all of what it gained going from $13868 to $3858 in Mar 2020. Since March, Bitcoin has been in wave (3). The first subwave went to $10079 on May 9th. BTC then did a flat ABC correction to $8815...

shubbs

Tezos (XTZ) is a new crypto added to Coinbase the last few months. It has had big price appreciation this year. In the monthly chart I've drawn Elliott Wave projections I see that are possible for XTZ in the future. The under $1 to $4 wave (1) move was followed by a wave (2) retrace in March 2020 to about $1. Intermediate wave (3) started with a minor wave (1)...

shubbs

Silver took 9 years to retrace from $49 to $11 and change in March 2020. We've seen a meteoric rise since to $23 in four months. The last time silver took off like that was the first half of 2016 rising from $13 to $21. But that was just the B wave of a long 9 year ABC correction from the great gains of the 2000's from $4 to $49. A long C wave of almost 4...

shubbs

Litecoin has made a five wave impulse move from $25 to $50.96. It retraced to $39.18. It is now into the next impulse wave. I project this next impulse to be minimum the $25.96 move of the last impulse move added to the $39.18 retrace level or about $65 in coming weeks/months.

shubbs

I've counted a five wave impulse move from $90 to $253.60. ETH retraced perfectly to the 0.236 Fib level at $215.12. It's already surpassed the last impulse high today. Target for the next impulse wave is the $163 move in the last impulse added to the $215 low or $378 minimum in coming weeks / months.

shubbs

Bitcoin goes through cycles like the seasons of a year. The following are BLX prices: July 2020 to Jun 2011 6 cents to $31.90 Summer and Fall Jun - Nov 2011 $31.90 to $2.01 Winter Nov 2011 to Nov 2012 $2.01 to $12.65 Spring Nov 2012 to Nov 2013 $12.65 to $1177 Summer and Fall Nov 2013 to Jan 2015 $1177 to $163.88 Winter Jan 2015 to Feb 2017 $163.88 to...

shubbs

XRP looks to have completed a long term ABC correction from it's $3+ Dec 2017 high. 17 to 23 cents looks like a good long term buy zone. $2 to $3 looks like a good possible return area for XRP in 2-3 years. Not financial advice; just analyzing the chart. I currently do not hold XRP for full financial disclosure.

shubbs

End of $LTC % # months Stage May 2013 $2.72 Nov 2013 $39.50 1352% 6 Parabolic Top Jan 2015 $1.44 - 96.4% 14 Bear Market Jul 2015 $4.64 222% 6 Pre-halving pump Feb 2017 $3.61 -22.2% 19 After halving consolidation Dec 2017 $225.40 6144% 10 Parabolic Top Dec 2018 $30.96 -86.3% 12 Bear Market Jun 2019 $122.70 296% 6 Pre-halving...

shubbs

Litecoin went sideways the last half of 2016 into early 2017, ranging between $3 to $5. Starting in March 2017, Litecoin made large monthly gains, as it went from $3.81 at the end of Feb 2017 to $370.78 at the top in Dec 2017, a near 100 fold move. Litecoin is doing something similar now, trading in sideways range between $30 to $60 the last few months. It is...

shubbs

Davincij15 called out a cup and handle pattern in Bitcoin in a video with MM Crypto (Chris) tonight. The cup is from $10500 to the $3800 bottom to the recent $10000 top. The handle is from $10000 to $8100 back to $10000. An ABC correction should be finishing in a few hours. The next 5th wave in BTC since the $3800 should be very strong. The target of the cup...

shubbs

My new Elliot Wave count shows a wave (1) from $3858 to $7466, followed by a wave (3) from $6456 to $10079. This dump today to $8106 may be the end of wave (4). Wave (1) was $3608; wave (3) was $3623. If $8106 was the bottom, then wave (5) should be going to about $11700.

shubbs

My current Elliot Wave Count for Bitcoin is shown. It looks like a 5 wave impulse move is complete from $3800 to $9500 and an ABC correction is beginning. A 38.2% retrace of the move from $3800 to near $9500 would be near $7400. There is a CME Futures gap at $8840 and the Coinbase price would be about $8740 in order to close the gap. This correction could go...

shubbs

I've done this before. I'm doing it again. Let's say you noticed Bitcoin had gone through the 2014 bear market from $1180 down to $340 by the end of Dec 2014. You decide based on the Mayer Multiple (BTC's price divided by its 200 dma) that 0.77 is low enough to buy and DCA. Your plan is to buy $1000 worth of BTC at the end of each month and continue buying BTC...

shubbs

Bitcoin has made a 5 wave impulse move from the $3800 bottom up to $7400. It has corrected in three waves to $6400. A new 5 wave impulse move finished yesterday and perhaps the 3 wave correction has finished. The 2.618 Fib extension of the latest impulse and correction extends to about $9000. This could happen into the halving in the next few weeks.

shubbs

Litecoin goes through long periods of consolidation. From late 2015 to early 2017 LTC stayed in a $3 to $5 range primarily before it blasted off to $370 in nine months from March to Dec 2017, about a 100 fold move. I think that 100 fold move is again possible from today's prices. From late 2018 to now LTC has primarily been in a $30 to $60 range except for the...