Seems like a no brainer to start accumulating some here for a mid-long term swing - expecting big things over the next 6-18months.
So this is a gaming crypto and could potentially gain some traction in the mid-long term once the game is done - Upside here is huge really if this project can achieve any form of success. Not entirely sure this has bottomed it could squeeze out 1 more low but it should not matter too much.
So this is a wave plot done in log scale - targets are derived off fibs - Assuming crypto is in a bull run this should be quite plausible.
Yea this chart is looking pretty nuts for a mid-long term swing - great narrative behind it/solid project - should pump very hard.
So we're getting close to the point where this correction should be near over/over and we resume the bull trend on BTC and some alts - I'm of strong belief L2's are the strongest narrative in crypto currently and for a while ahead from a fundamental perspective and future hype - These 3 are the best L2 picks to capitalize on this trend - also keep an eye on ZKSync...
So it's pretty clear that bears are going to end up roadkill here - All the people following news and swearing by economic numbers will enjoy a first class ticket to the slaughterhouse - The herd of doomers are convinced they're right again lol...so we've definitely bottomed at 3500~ and going to kick this can down the road for a while.
Was looking at this chart and it occurred to me it's potentially completed a huge ABC as there are no sellers left - If this can get some momentum behind it and turn things around it could surprise a lot of people - price should get above B in less time than B-C took if Bullish.
A new L1 enters the market - expect big numbers mid-long term here - this and Aptos will probably be the poster childs for this bull run in terms of hype.
Decent L1 with good potential to go on a hype cycle and melt up with the rest of the market.
So I think this is what we might be dealing with here - I've discussed this much earlier but thought I would make another to make it a bit more clear - All targets are based off fib ratios.
Matic not far off from going full auto - L2 narrative is a strong one and the Matic ecosystem is a thriving one - send it.
If I'm right on this BTC cycle there will also be an alt cycle which I think will be a tad more selective in nature than past ones...So how do you play it? Easy see the future narratives that will generate the most hype and drive ''adoption'', I already Identified L2s as the spark for this Bull run and I'm quite confident on it - ETH is top dog and scaling is...
This looks pretty nuts in the current climate but it's how crypto rolls - New L1 which has yet to go on a hype cycle - Every Cycle there are new ''ETH killers'' which are ultimately the best plays till the cycle ends - from there you convert gains to BTC/ETH lol - last cycle was Avax/Sol - This cycle it will be Aptos and Sui most likely.
Yea it's tough out here being one of the best chartists...but somebody has to so it may aswell be me - Expecting the future to look like so - all 5 waves will = a larger wave 1 once complete.
Think this is what we're dealing with in the shorter term...
Tesla has completed it's first wave up and is currently in the process of completing wave 2 - Most people here are thinking we're going to new lows and it's all over...so that's how you know it's not - Nothing really new here just dumb money finessing themselves out of easy gains.