Update on previous idea; Played out perfectly. This is where we want to see the bottom of the range hold now. So far, it's looking bad. If we close the daily below(red range), I will wait for 37k's to look for longs. So far looking very similar to the previous few months.
Update on previous idea; ETH still following 2017 fractal. Bad for alts. Expecting the following: - One more dip market-wide - BTC takes over the show - ETF news for BTC in Oct/Nov, makes BTC break ATH's hard - Alts join the party later towards the end of the year / start of 2022 for the last push up - ETH tops out around 14k NOTE: Fractals don't have to...
Still holding $AVAX. The only issue I see is $ETH. If $ETH continues to follow 2017 fractal, ALTS will see deeper pullbacks in the coming 2 weeks. I'm planning to close this position at a loss around 41$ to get a better entry in the coming weeks or buy back once we reclaim WO around 48$. Not taking more risk with ETH looking weak. (Same plan as all alts)
Still holding $CHZ. The only issue I see is $ETH. If $ETH continues to follow 2017 fractal, ALTS will see deeper pullbacks in the coming 2 weeks. I'm planning to close this position around break even to get a better entry in the coming weeks. Better entry is = the wick of yesterday. I expect these wicks to be taken out on all alts. Idea invalidated if we...
Still holding $HOT. The only issue I see is $ETH. If $ETH continues to follow 2017 fractal, ALTS will see deeper pullbacks in the coming 2 weeks. I'm planning to close this position around break even to get a better entry in the coming weeks. If we reclaim weekly open = instant buy. Still expecting 12 cent end of cycle.
Expecting BTC to test 49k and fail. Once we fail to reclaim 49k (If you hold any alts, this is where you want to get out), we'll take out the wick from yesterday. After that I believe the run up will accelerate. BTC.D will rise and ALTS will lag behind. Still expecting 200k+ end of this cycle around February 2022. Reclaim range highs and the drop I expect...
As mentioned in the last idea, ETH was following both the BTC & ETH 2017 fractals. I was betting on the BTC fractal which would put the cycle top around 20k+. However, that fractal is broken and ETH continues to follow its 2017 fractal, which puts the cycle top around 13k. Expecting ETH to go much lower from here. Cycle top anywhere between December 2021 and...
Second biggest bag. Same story as $HOT. Betting on the fact that $SOL broke ATH and hit top fibs. Expecting good performing alts from the past run up to perform the exact same. It might not seem realistic now, but from the top to the last fib is really only 3x max for most alts. Same time frame as $HOT; anywhere between November 2021 and February 2022.
This is my 3rd biggest bag right now. I'm betting on a lot of coins following $SOL; breaking ATH, reaching top fibs. Gonna keep it simple to save myself time. Simply hodl and take profit at each fib. Expect us to hit these targets anywhere between November 2021 and February 2022.
Published this way back around 1400$ on twitter, but ETH is still following the BTC 2017 fractal. Off course the moves won't be the exact same, especially with black swan events like COVID, but I tried to illustrate this as simple as possible. What I'm expecting next: - 6k in September - 4k retest in October - 10k in November - 20k+ in February at the end of...