First of all, this is best viewed at the 5 min timeframe, and this chart is based of off levels and not the time frame.
There is not much to say about this chart, ive made this under multiple timeframes and used different patterns, all of it shows this, so i believe this has a good chance of playing out.
this also lines up with what im seeing for bitcoin, which i...
this is not a price prediction, my macro targets are $81 - $111, which are conservative observations, nearly programmed into the next run,
anyways, this is a possible count we could see, it would give us the info that the maximum bottom would be 0.8 but even that would be unlikely, maybe $1.
it also tells us that we would see a abc correction to the upside...
this just builds off my two previous posts on TRIAS (long and short term)
I do not think we will take the upper path so I only expanded on the downside but the save idea would apply if we did break out
these are the two possible short term scenarios we have for TRIAS,
1. We have completed the correction, the bottom is in and it is time for a reversal, these would mean we break out of the channel and start a 5 wave impulse up, the first levels at around $4.
2. If we do not breakout from this channel right now and start to see more downside, then we MUST put...
this is what we can realistically expect from the next bull run, either $50 target or $111 target.
i could continue charting out trias into the next run but at that point it would be pure speculation,
but I do suspect these targets (50/111) to hit in 2023 then hitting 1-10k (at that point it depends on adoption and such) around 2025.
there are two other probable...
this is what im seeing right now for TRIAS,
I have extended the walls of the trading channel because of the bitcoin pump, the target has NOT changed, however it may be delayed by a few days or weeks.
The paths provided are basically to show that no matter what low time frame pump and dumps we see,
the overall target is still 0.7 - 0.8, this is needed because...
lately ive posted quite a few short term bearish charts but I wanted to show that no matter where you buy here, we are looking at serious gains. the prices ive put in the charts are not exactly what I think we will be at but for it very well could be, depending on the recognition that TRIAS gets,
this will be easy for TRIAS to do though, there are many alts that...
right now trias is making a series of lower highs and lower lows, this makes the general bias a downtrend,
you may ask for how long and how I came to the figures 0.7-0.8.
First, 0.7-0.8 came for simple TA and a combination of what is going on with bitcoin, this is a range we must hit or get close to in order to solidify a bottom.
IMPORTANT:
Secondly, right now...
this is what im seeing, not sure how long we will be around/under the green box but
i just showed an uptrend afterwards to signify my analysis has ended.
this builds on my last post about the bitcoin trading channel,
I would check that out as it is very helpful, but trias could easily act seperatly from bitcoin as btc.d raises as bitcoin drops,
and as btc.d drops as bitcoin finds a bottom.
the green is where I see a potentional bottom, it is where I am buying but could slightly as things move more.
this is my price prediction for trias.
I think that we will see a bottom for trias at 0.7-0.8 after bitcoin hits its bottom.
this is because btc.d is so high resulting in a slower bleed in altcoins, once bitcoin's rally starts then trias is allowed to follow.
