End goal is 506-510 by as early as April, but more likely May Near term there is a decision point at 434 that will at least be tested for breakout in the coming weeks. If it breaksout expect 450, then pullback to test 434 for support, then finally move to low 500s. Risk is definitely present with the possibility of filling gap down to 404.97; however, assume ...
Odin Zone. I can finally give away this awesome looking setup. With an astonishing 35:1 RR, this one is a no brainer. Keep in mind that this could take 2-3 weeks to play out, and we're not safe from the black swan event. So putting the SL will be super important, as well as having a plan B for if that SL hits: There are other entries to be had as well, the .786...
Can EWT really not get to a $5 billion market cap? Can it really not do it before the end of 2023? If it can, continuation of the current parabolic trajectory seems likely. Quality and utility likes to run early in the cycle with the garbage going to the moon late, EWT made it's move before BTC last time, will it do it again?
I am finally ready to talk about a real possibility that we'll see a pullback coming soon. Watch the zones up above us around the 26300 area. There's likely going to be a pullback starting from there. Be careful not to do anything stupid, though. This is still a bullish trend after all. Whatever pullback we do get is likely not going to go to your downside, take...
I'd like to give a little update on our friend ACH. From the lows, we can see there are several spikes in price action. It started in late December 2022 where there were two quick spikes when price discovery was near the lows. Then things got really interesting. Here's what I love about crypto and alts in particular, the spikes that you typically see are followed...
BINANCE:BTCUSDTPERP Greetings, and Happy New Year to all my fellow Berserkers! Yearly, Monthly, Weekly closes have all just happened. Which will allow us to dive deep into candle analysis as well as EW counts. Lets start with the main count on Bitcoin. (1W log Chart) I've identified a general target zone for the year. The box was drawn based on previous...
Although we are very clearly approaching the end of this symmetrical triangle within #EWT, where the price movements will be minimized and pinched together - there's still a clear 10% or more between top to bottom. Let's get that! With a short signal coming in from Crypto Tipster v2 we're anticipating a move to the lower trend line offering good profits on...
The Fed decision could trigger this trade with ease. The lower and upper trend lines are part of a larger degree diagonal and we're approaching the final wave down. Safe trades.
Energy Web Token is gearing up for a drive to the moon. I am in.
Well, the last time EWTBTC went this low was back in Aug '22, and before then the price was 40% lower than that! Are we going to see this piece of history repeat itself? There may be a few days or weeks of subtle ranging in the last pinch of triangle as pictured, but after this the drop could be quite large. Alternatively, the drop might not happen at all, it may...
Cryptominers, as a rejection of a basket of currencies in favor of Proof of work /stake. According to natural selection (yes, Drobyshevsky on evenings) The most average, gray and not so big will survive. Not the best and not so progressive. $DXY $CLSK $HUT $SOFI $MARA $UPST $HUT
Finishing or finished its corrective structure. (could also just be wave A like with FTM). The candle count on the bull market vs the bear market for this coin. Its 100% Symmetric at the moment (57 candles vs 57 candles). I like what I see here. I would be interested in buying in heavily a bit lower for a 50RR minimum. 50% chance I will not get my lower entry...
I could paint the 5 waves down as a corrective structure. But, I simply can't ignore how much they looks like an impulse, making me believe more in a wave A... : - Deep wave 2 retrace - Strong wave 3 - Diagonal 5 with a divergence. This would be my main count on FTM. There is considerable upside to be had regardless. A notable minimum target on this would be...
I reissued the chart and recalculated the quotes into sentiment. Fractal, a series of inputs 1-2, 1-2. Target 100-1000x, stop at $3 (relative to current monetization/inflation/deflation) It is necessary to interrupt the top of the 4th wave of the previous formation, put the initial diagonal of the pulses and correction in the form of flat, or a...
3D Chart Log. First off: 1-2 subminuette seems likely finished (i-ii). Secondly: Zoomed into the subwave count of (C), we have a clear divergence at the bottom with a bounce that showed is the most volume for the past 6 months. 5 waves of C seem to be in. There is always a possibility of a lower low, but I doubt we'd be breaking into anything other than a...
While the forecast on small degrees, which is updated here on the 7th of each month, continues to come true, let's talk about the future, not about trading. So, the ending diagonal in a cyclic wave "V" is forming, with the alternative being impulse. These calculations are very similar by the nature of the expected movement, with the only exception that impulse (D)...
Weekly Log. Bullish count. I do have an alternate bearish count, but both coincide with a bounce, so for now I'll keep it under wraps. I have us having finished w4 with an WXY combo. with w1-2 finished on the 5th wave. The ratios so far are nice. A move (even a wick) below $0.0816 would invalidate this count (making wave 2 go below the start of wave 1). *Second...
My previous analysis of this coin dates back 6 months. I got it wrong in that 70% odd should have been in favor of the correction not being done. In hindsight, there was no divergence on the weekly (there still isn't). But is that the relevant timeframe? Probably not, also in hindsight. Now, having zoomed in slightly to the 3D chart (still Log), we can see there...