Buy the altcoins. Now is the time. 6 months before the halving. No one cares. Coins are 95% down from their last bull markets highs. Price is very important when you are investing in anything. These things might not be the greatest projects but they are cheep. This is a classic noob trap. Thinking that when the project is good that means the investment is good....
I think Total 3 is going to break out of its bottoming range very soon, probably when ETH breaks 2000 for real. I went even heavier in to altcoins. Spread the money around in coins below a billion MC that have been around for 1 cycle and have decent volumes. My goal with this strategy is to be extremely heavy in alts, but also be in coins that have been around...
The monthly is about to close at the tippity top of the month. This means that next month is about to be ultra bullish for link as well. I was thinking 15 bucks next month, but with this much bullish price action now im thinking 20.
Based on MAs our next local resistance is around 14 dollars. Could get there the next 2 weeks. Not that it matters. Im not selling.
Not a fan of technical analysis but this weekly candle formation looks pretty ugly. A shooting start. Usually that signals the end of the local up move. Could easily get us back down to 50 cents.
We are sitting at around a trillion as a crypto industry. After this halving the ETFs will get approved and big money can participate in this cycle. Lets say that in 2025 we are sitting at 8 trillion MC for the entire crypto market. You might think oohhh thats only an 8x, well this is kind of disappointing. But your brain is playing tricks on you. That doesnt...
The tradfy world is fearing a recession right now. The 10y - 2y yields are about to reinvert to positive territory very soon and in the past that usually marks the start of a stock market bear. The crypto world is waiting for the halving right now and is expecting a standard bull market. Which of those forces are going to win for crypto? The halving or the...
Short term traders can never outperform what hodlers in a crypto bull can make. Drawing lines and leverage trading is a total waist of time. Everyone who is doing it is either new to the market or trying to sell you a course. Be careful who you are following. You will be way better off timing the 4 year cycle as best as you can and creating a portfolio with the...
BTC already broke out. Next in line is ETH. After that altcoins to pump again.
Its too early to take profits even for a short term top. We are going 47- 52k to take out the stops there. There, will be standing the last bunch of bears with their shorts and stops. Plus people are going to feel euphoric for a bit and are gona be irresponsibly longing with leverage. So it makes sense that long and shorts are gona get rekt before the steady bull...
Prepare for the parabolic pump to 50k. Its coming very soon. Since we skipped 1 Alt season this year thanks to Gary. Expect a wild alt pump. 2, 3 ,4 x in the next 6 months. I really cant be more bullish then this.
And so it begins after sitting in the crab range for over 500 days, the gates of valhalla have opened. My Base case bull market target is 200 dollars.
My base case for BTC was sideways until the halving and pump after which we had in every crypto cycle in the past. However with the ETF chances of approval so high im starting to think we are going to go up until the ETF gets approved and have a correction after that. So depending on when the ETF gets approved the weekly chart will look differently. If the ETF...
The bear market in BTC and ETH is long gone, but now i can confidently say that its over in the altcoins as well. From now on its sideways up only until 2025. By sideways you know what that means in alts, a 50% range. Do yourself a favor and dont look at small timeframes. I would suggest the weekly.
STX just broke out of its weekly falling wedge and literally no one cares. I smell a pump to 70 - 90 cents the next month or two.
Lets think about it realistically and logically shall we? If the entire crypto market gets to 8 trillion next cycle top, what is to keep chainlink being lets throw out a random 3% of the entire crypto market. That is 240 billion MC. Currently Link is sitting at 4 billion. 60x. Lets include the inflation of link tokens and round it down to 50x of the current...
Let me remind you what the purpose of investing is. Its to make money, preferably with higher return and lower risk. When the price of something you want to buy goes down, but the fundamentals stay the same the risk of the investment goes down and the reward goes up. It has nothing to do with drawing lines on a chart or feeling good or bad. At the bottom you feel...
Link just printed a mega bullish engulfing candle on the monthly chart. Not predicting anything, just saying that i think we have above 50% chance to break out of the range the next few months.