Turning the chart upside down helps a lot! Used exponential decay to calculate the next data point in the returns section after the midpoint in the bear market (trough to trough)
No conclusive forecasting, rather documentation of price and time trends; ATH price contraction within the bands acting as resistance, and critical extrema (lows & highs) coinciding with Fibonacci time levels.
Fibs in on either axis give meaningful, useful, and accurate levels for price and time, but do not tell you which levels are most important. Use with you own judgement. Basis for 0,1 origin points can also be subjective and produce differing results on the x,y, axis
No new highs for MSTR in 2025. I'm looking for a repeat fractal of 2021 in 2025.
Going long here. Excellent rally in 2021 and the same set-up is happening here.
It speaks for itself, really. Halvings, tops, bottoms, etc. can all roughly be located here, within reasonably accurate levels for price & time. Forecasting: >> 5.618 (time) - 4/20/2025 also shows next potential bottom fib-levels based on historic durations of bear markets... Price level I have less certainty for.... >>>4.236 (price) - $245k this level...
Simple and straightforward. PT for this set-up coincides with a price gap around $39.00 (gap is visible on the daily chart).
Solana did spectacularly well in 2020, with a delayed breakout in 2021 (as Bitcoin proceeded to break out of the $20k range in December 2020) which produced even better returns. The following chart shows the Elliot impulse wave (with fib-retracement levels) from Solana (2020-2021) projected onto to Celestia. I see that Celestia had a spectacular year in 2024,...
I am purely looking for the best Ai projects based on the chart set-up. FET looks like it's at the bottom of this channel. Excellent entry at $1.30. PT above $10.00
Appears to be months in the making, but a basic TA pattern. Will need to confirm with volume levels. Please note: pattern can break to the downside.
In pure return % from the 2022 bottom (+330%) ; following 'Cup & Handle' TA guidelines, the +330% yields a future CRYPTOCAP:BTC price near the $300k mark... Using the drawdown % from the 2021 ATH (-76.5%) and applying the same 'Cup & Handle' methodology, we have a more sober target of +76.5% from ~$70k and yield a future CRYPTOCAP:BTC price of $125k... God speed
Posting for personal use. Always fun to go back to see how wildly optimistic I was.
NFA - but I doubt we see >$200k top in 2025... regression / diminishing returns ... that said, fibonacci-time levels have been compelling in the past and I project they will continue to be relevant in the future.
Short term: Recent rejection off of overall downward trend-line. This coin, like many others, are correlated with BTC's price action. ETH (and it's subsidiaries) are experiencing greater downward price movements this particular bear cycle and are particularly more sensitive to BTC's depreciation. Long term and Fundamental: Altcoins going through...
2022 will continue to be unkind to the tech-industry, with a possible rebound and a return to fundamental valuations sometime in the next 12-18 months. SE unlimited is no exception, and SaaS companies will continue their decline. It would be wise to hold a cash position, and begin accumulating at the zones below. Thoughts?
See the PayPal $PYPL chart for referenve. 50% more to the downside, wait for support before accumulating.
Any and all crypto mining firms will see the same drawdowns as many of the alt-coins. Their upward volatility during 2021 will be equally matched on the downside for the next 12-18 months. Easy retest levels pictured. Sweep the lows - re-accumulate as needed.
Earnings estimates for last quarter were more than 8 orders of magnitude off from the reported. www.nasdaq.com Should this trend continue, and $TDOC sees it's first ever positive EPS, we could see a rally in Q2 where price re-tests some key levels. (Disclosure: I have long exposure to $TDOC with a DCA of around $70)