Hey all! You can try and blame this on Elon, but I don't think that will help. He's got a team of some of the smartest people in the world, literal rocket scientists, so I imagine he probably has a staff of smart investment portfolio advisors. The signs were clear that there would be a dip back in mid-April. They took profits, like any smart person would with...
Cardano looks to be setting up above a resistance level that's been holding it down since early March. If it bounces up with any amount of strength from here, it will likely explode upward to meet the next resistance to beat at the .00002917 BTC level. What's interesting to me is that this corresponds with a solid dip from BTCUSD. I think the Altcoin flippening...
Continuation of the Correction Idea I posted recently. Today is an important decision point for the BTC price action: - If it settles above the triangle, I think we'll test 60k - If it breaks below the triangle, I expect a test of the 43k support What do you think?
A lot of the supports that have developed over the course of the past few months are about to be tested. Short for the near term on BTCUSD, but I think this will result in a flippening in dominance over to other assets in the Crypto space such as ADA, ETH, SOL, BNB, UNI, and CAKE. Are you ready for Alt season? If so, which alts are you thinking have the most...
Bearish divergence and a flattening of some key moving averages give me the sense that a major dip is incoming. I think the price will hit support at 38k, bounce up around 50k, then complete the Head and Shoulders pattern for a market reversal leading into the holidays. All this being said, I'm very bullish on Bitcoin and crypto in general for the long term. I...
The Ghost of FUD seems to be showing his face again, similar to the pattern that emerged between the end of 2017 and beginning of 2018. Here are some of the key Fib levels I'll be looking at over the next few months: - First level: $51,135 - Second level: $43,417 - Third level: $37,212 - Fourth level: $31,000 - Fifth level: $23,000 - Doom and despair lows...