An idea based on fractals If we break out of the monthly resistance based on fibonacci extensions $170k might be the top in 6 months
Fibonacci analysis shows a bleak image for BTCUSD as the extension in this cycle should have gone $100k+ or even $200k+ in order to establish a support level at $30k. Also the price hovers below the 50WMA and if this month closes below $23k we will have the first bearish crossover between the 7WMA and 50WMA in the history of BTCUSD We've had an incredible decade...
Good looking retracement down to .618 on the monthly chart. Not a bad place to start accumulating
A nice fractal regarding the 1.618 and 2.272-2.618 Fib lines occuring in BTCUSD predicts a top range around $100 - $160k . Bull resumes above 7WMA. Do we need to consolidate for the entire 2022 and touch the 50 WMA? We'll keep an eye on it
This is a chart of BTC/XAU with self explanatory fib extensions
This is in line with previous tops and fibonacci extensions
A nice fractal, though unlikely to see $250k in 6 months
An inverted fractal if bulls manage to recover from the drop
This could make a nice comeback for altcoins in the next 3/6 months, Top could come sooner though
XRP is approaching a support area around 1300-1600 satoshis. If this gives way there is a possible bouncing area around 800-900 sats. If BTC goes parabolic and breaks ATH then we might also see a touch of the range lows at 400-500 sats
Fib levels from previous cycle study going into 2021 - 2022
The 2020 Corona dump was the market shakeout needed to flush all weak hands and now we're in a new bull market confirmed strongly. Let's see what the limits of the new uprising funnel channel are in time
Could be a good buy spot if the ALTS cycle start in Dec
XRP Monthly is confined in a range of 0.15-0.30 dollars A buy should occur either at support of 0.15 or at a monthly close above 0.30c. Beware of 0.15 support, if a monthly closes below it, get out
$XTZ bullish until it closes a week below 24k sats