dp4379

dp4379

Hey guys, hope every is doing well during this correction. This is the daily logarithmic chart of ALGO with an example play out of a typical Elliot wave analysis. I have moved my wave from my last couple charts due to the current changes, however the wave theory still applies even with a shift in the wave 4 mark. To me the ALGO technicals are following this...

dp4379

Hey guys, I present the linear chart this time instead of the logarithmic just to change it up. Looking at the chart we can see we are stuck in this triangular formation touching the 100 day EMA each time (Except one outlier). We have finished wave and ABC correction on the longer time frame (Blue and yellow markings). We are looking for that longer wave 5 move...

dp4379

Hey Guys, just a quick update on a new idea and price targets. We have a potential cup an handle forming waiting to see if the ascending triangle on the hourly chart breaks out to the $1.8 spot (Only speculation at this point that it will form). If the cup and handle pattern forms the breakout will be at approx. $3.75. Cup and handle formations don't always reach...

dp4379

Hey guys, looking at the chart I'm quite confident we have finished the 4th leg of the Elliot wave now, and have had a running flat ABC correction. With this in mind, where do we go from here for the 5th leg? Well in my opinion a not so greedy price prediction for the 5th wave would be in the $2.5 - $3 range. This would complete either the 1.618% inverse fib...

dp4379

Hey guys, before reading fully, this idea is full of speculation as major trends in this chart aren't defined to well (In my opinion), this is just an idea up for critiquing and feedback, thanks. Just threw this together based on Fibonacci retracement support and resistance lines, as well as channels and trend line formations. The Arrow trendlines are based off...

dp4379

Hey guys, Algorand ended up meeting the 200EMA yesterday and was quickly bought up to the bottom of the channel (where strong resistance was met). The sentiment at the moment is short term bearish and we have no confirmation on completing wave C. I'm expecting another dip in the short term to confirm wave C (possibly a double bottom (near 200 daily EMA or...

dp4379

Hey guys, just an update on the technical analysis of Algorand on the Daily Logarithmic Chart. As you can see we are still travelling in the ascending channel (known to break to the downside, more so than upside), and could also be forming a larger ABC correction to complete wave 4, however, if wave 4 has already been completed (back near the first drop as shown...

dp4379

We have formed this ascending triangle on the daily logarithmic chart which is a bullish sign for ALGO. We are still in either the 3rd or 5th Leg on the Macro trend for ALGO which is super bullish long term, however due to the recent pullback on the smaller time frame we may see one more dip to the downside completing an ABC correction wave. Support would form...

dp4379

Hi guys, this is a Macro outlook on Algorand from the daily logarithmic chart. I titled it double your money because I believe we are either in a leg three wave or leg 5 wave on the macro perspective heading towards the $3 mark. If we are in the third leg, well we can be a bit more bullish on our macro target and say we are heading beyond the $3 mark. If it's also...

dp4379

Hi, here are my trend lines for BTC. It appears that we have squeezed into this tight space... Are we going to Pump or Dump? Does Coinbase ETF mean centralisation in the crypto space or not?? Your opinions would be much appreciated. Thanks

dp4379

This is a logarithmic chart of Powerledger vs the USD. This is a fractal taken from the last leg which fits perfectly with the Fibonacci resistance levels and the ascending channel. I'm expecting a 5 wave (Elliot wave) move up to the 0.9 level (Max) this month. Powerledger has been making small moves against bitcoin of recent which is positive news, as well as two...

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Analysis: (Refer to Chart) Hey guys, this is my bullish scenario for POWR near term. First Target is in the 0.66-0.68 Range, however I do expect a move up to the 0.90-0.93 Range as altcoins move against bitcoin. Please don't take my elliot wave analysis to heart, as it's just a rough etching of what might possible happen if bullish. Fundamentals: For people who...

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White curved lines are from a fractal taken from a very similar situation in June 2017, suggesting an explosive move to the upside. The LTC/BTC evaluation suggest an explosive move to roughly the 0.02 satoshi mark. Besides this I have also drawn in the extreme resistance line (pink) and the corresponding ascending channel, as well as the ascending triangle...

dp4379

Logarithmic 1Hr chart of XLM. If BTC remains in a sideways channel or continues to rise at a slow steady pace this would be my bullish scenario on XLM. Targets would be 0.6, 0.7, 0.8 on a macro timeframe. However if BTC continues downwards we will be testing the lower support levels.

dp4379

H&S fall into this channel, expecting a bounce in the green box. Cheers

dp4379

Macro Logarithmic Chart... Looking at all the indicators provided, there's just so many that line up with this theory.. Including some I haven't put on the chart such as BTC Pi-Cycle (14days away from cross) and Regression Bands. We need to pull away from the regression bands and prevent the pi-cycle from crossing in order to achieve a 100k BTC without the...

dp4379

Using current supply of chainlink (413009556 LINK tokens): a 20 billion market cap (USD) would make a $48 USD LINK token, (Similar market cap to current XRP) a 30 billion M.C. would make a $72 USD LINK token, (Similar market cap to current DOT) a 40 billion M.C. would make a $96 USD LINK token, (Similar market cap to current USDT, ADA, BNB) a 200 billion M.C....

dp4379

This is all you need... People will be caught with there pants down... Could be me, who knows hahaha