DarkPenciI

DarkPenciI

Defi has been closely tracking ETH price action overall since that is what it is built on. With EIP 1559 and eth 2 coming, Defi is set to do very well. It does tend to act in multiples of ETH but it is also possible that ETH takes dominance during the run to flip BTC. But looking at the overall chart a correction after the EIP hype should lead Defi to another blow...

DarkPenciI

AMC pumped again to target at 29.59. Expecting a full retrace to either 12 or 7 and depending where it bottoms, expecting one lasting pump to either 55 or 33 respective to where it bottoms. Some will make millions, most will lose all their money holding long term and buying near tops.

DarkPenciI

Pretty much same as before, but looking at overall market including commodities and bigger ETFs I feel like i narrowed the movement prediction. I think we get a bull trap move up across all markets before a flush down. I believe we will get another couple months of bull market after that said flush before a bigger correction that has been due. The market is too...

DarkPenciI

I had a pretty strong conviction that BA will hit around 300~310 but looking at the market structure I'm leaning towards one more flush down to 200 level before a 3 wave move up to 310 level by Sept. It seems to be trading in a gigantic wedge that will contain the leading diagonal pattern. What ever may happen, I think it is in a no trade zone for now, until we...

DarkPenciI

XRP also tanked super hard while BTC correct 54%, but considering the fact that its an alt coin it actually ended up correcting 50% from its previous high. The xrp/usd chart looks like it finished some sort of side ways abc correction and the xrp/btc pair held a higher low (for now). If we hold the higher low and start making for higher highs, we may have a decent...

DarkPenciI

The institutional sentiment that sprung up BTC to current price levels have been cooling off with Elon complaining about BTC mining efficiency and Jack Dorsey announcing pausing in further BTC purchases the overall sentiment is pretty much stuck at neutral for BTC. We may be in for a multi month consolidation in the current levels in some sort of complex...

DarkPenciI

BA seems to move in explosive moves followed by slow drag down. Seems like we are starting that explosive move and it probably won't last longer than 2 weeks. Airlines and cruiselines are already exploded past the previous highs and Boeing was being held down by a bad news from last week about a crash. Once it starts moving which it already is it will move fast...

DarkPenciI

VET seems to be consolidating and getting ready to explode up. They are actually working behind the scenes to launch their main net and should see some hype and some Chinese money should flow in along with it. Targeting .20 for a extended target in about 2 months.

DarkPenciI

COVID data are starting to come in positive and people will start betting harder on reopening trades. With the Max plane saga out of the way we Boeing should be able to pull forward on good graces from investors while a lot of other stocks in the tech sector are already too hot. Boeing tends to move in a straight line up without much pull backs until it comes...

DarkPenciI

one last melt up before a year long correction?

DarkPenciI

If MTA turns out to be a jackpot coin theres a good chance it will 30x from here. At 30mil mktcap which is the doubled amount from the $1 dollar entry point even another 15x is would only bring it to 450mil mktcap. Its all ifs and only few turn out to be gems but with defi and stable coins being a hot topic, I believe MTA has a good chance at being that gem.

DarkPenciI

Lots of chopping expected but an overall uptrend. The range bound moves should be bullish for Alts and some Alts already started to explode with BTC.D already on it's way down past the support level. Also ETH has been looking strong against BTC during the corrections.

DarkPenciI

If ETH is to follow in the footsteps of BTC and BTC.D starts it's trend down from here on out for about 6~12 months I can see ETH hitting 5k if BTC hits 50k+. I do see a deep correction after hitting 1.4k within the next couple weeks to come back down to test 800~900 level which would be the dip to buy

DarkPenciI

Boeing has been one of the most volatile stock this year. It rips up super hard when there are any good news and drops hard as well as slowly fades depending on the news. Overall Boeing is a company that is an integral part of America and government will keep it alive even if it needs to have to buy the company outright. With another stimulus including another...

DarkPenciI

BTC broke ath and if its a true break out for astronomical numbers alts should also get sprinkles of light. If we go by the pattern of 2017 bull run for alt coins, it will come fast and leave fast and come back one more time for a epic lift off before completely getting demolished again. If we follow the same pattern we should see a 6~10 day bull run for alts...

DarkPenciI

some up and down probably until january and push off for new ATH mid~end next year. Constant need to print money to keep the economy afloat in the USA will cause the dollar to lose value especially with a new Biden administration things will move even faster. $2500 seems like a nice even price for a target and considering how big the market cap of Gold is, any...

DarkPenciI

Equities seem topped out but with some more vaccine news and stimulus news waiting to come out, I see one more little push up for another ATH before a deep correction early next year. it doesn't seem like equities are done overall, too much cheap money is inflating the market and may keep pushing it up until a bigger financial or fiscal event occurs for a real...

DarkPenciI

if we go 2017 style type of run up and still not stuck in a huge correction we may be seeing a crazy run up of BTC by end of next year. Still not completely sold on it yet but the amount of institution buying might be hinting at it as well as worldwide unrest due to covid-19. Also the ridiculous run up of the equity market makes me think that we may see a huge...