#BTC finally broke out of the bearish trend that was crashing the whole market for the last 6-7 weeks.
Giant Bullish Pennant breakout.
This period we just had was indeed ACCUMULATION time for whales and Institutions. Elon's friends got their entry.
What I see for the next 2-4 weeks : we go for 40.7k, the target I already spotted on my last chart (see link...
#BTC had a nice (insane) bounce and is back to local bullish.
That kind of bounce could mean the bottom for a while but i wouldnt be surprised if we return under 30k after that.
For now we have a breakout and after a retest (long spot) at 31.9k it should go to 40k in the next 10 days.
Target before retest : 35.3k
Retest target : 31.9k
Final target : 40.7k
Elliott is no fool and his teachings are telling this bear trend misses a last wave.
Then we should resume bullrun REALLY fast.
We broke down the bearish pennant and had a perfect retest at 38.5k yesterday.
My opinion : we will wick down to 18.5k real fast. It should be caused by a bad news and the kind that
cause the most damage : exchange hack.
Just like TKO, LINA is a new coin that is ending its consolidation.
It just broke out and is ready to explore.
Targets on chart (red) and if we pass 0.27$ it will be price discovery. ATH is at 1.00$ and it shall pass that at a certain time.
We know it since a lot of time, it was warming. Now its for real.
We saw how ETH held during the latest BTC dump. Like a champ.
Now its going in price discovery. Slowly but unstoppably.
Load the parabolic.
My view is simple, geometry explain it all.
Not only BTC supply is getting low, all the institutions want a piece right now.
They scare us to get it lower but the fact is no matter what we are going up on a higher time frame.
Thats why they say : BUY FEAR.
Fear is caused by whales wanting your cheap corn.
For the pattern, I see a clear channel and we could...
1inch is technically ready to go price discovery .
In March it reached a new ATH of 6.32$ (585% up move) and consolidated since then.
It was its first SOS (Signal of Strenght). Usually, new coins get slower and slower in their cycle.
But... this one is new!
With a market cap on ''only'' 862M, it has a lot of space to grow.
It remembers me also of UNFI after its...
BTC shall range here, letting Alts pop while BTC.D retest.
Yes BTC dominance broke out and it could go up for a couple of days.
It will be an exit pump for alts to go in BTC... we will get back to them shortly after.
Then pop to 68k. If we get a breakdown, it will not go under 56.6k imo before aiming 68k.
Really unlikely to go under 60.9k.
If you find a chart to compare in #Fractal way with UNFI, you have a lot of chances to get that same parabola.
You need 2 conditons : its a new comer in the market AND it didnt get more than 1 SOS.
If you look at phases of parabola, there are SOS (signal of strenght) showing a pump is coming to overcome the last peak.
The first SOS (where CHR is...
DASH and all privacy coins had a ruff time in the last year. Look at ZEC also...
Bittrex banned them and they scare regulators.
Thats exactly why a lot of people will buy it.
DASH as a great privacy tech and is now one of the most undervalued, once top 20 CMC coin on the market.
Just compare this chart to others that rejoined ATH and are looking to 2-3x it. If...
ZEC got dumped hard when Bittrex delisted them and other privacy coins.
Now everybody realise that privacy ROCKS!
This thing is BULLISH af.
Rounded bottom, bowl consolidation and now breakout makes it a no brainer.
Target 1 : 380$
Target 2 : 500$
Target 3 : 730$
Gotta have a bit of patience with this one since mesured movement says target 3 could be hit in...
Market doesnt repeat but it rhymes. We you find such an identical fractal, you can bet the market structure WILL REPEAT.
I was in FET since 0.06$ and its now 0.70$. I get the same feeling from Algo that I had back then.
3.40$ in April in my opinion. 6.70$ in the next 2 months.
Therefore, It shall become my biggest Alt bag. Period.
Targets are on chart.
BTC is back to bullish for real.
After last weeks dump some were afraid of a sign of weakness.
Nonetheless BTC came back in bullish channel and is now showing the inverse : STRENGHT.
We broke out the bullish flag and just retested it.
Ready for the next ATH : 65k
This month final target : 75k
Another wave of Altcoins pump is coming and you don't want to miss it.
AAVE was one of the biggest winner in jan-feb for what we could call the first DEFI
Bullish pennant about to breakout and it double bottomed.
The second leg should push it to targets on chart in the next 4 weeks. We are still at good entry and if
it should dip again I would...
After hitting EMA200 and retest a former great resistance at 52.3k, we still are in up trend.
Target for 77.6k still valid.
I put my Stop Loss under the last retest at 52.29k and may it rise like it should!
I know LTC seems slow compared to other DEFI and even majors that performed better up until now in the bullrun. But you gotta realise that LTC is the 2nd coin invented and the FIRST altcoin in the market. It was literally created to have 10 times more supply than BTC (210M coins max) and it was intended to be the current spending crypto while BTC is the real store...
Grayscale announcing the LINK trust at the perfect timing for a breakout.
Its like that timing for Elon pump on BTC . News come when chart is ready.
Link was already showing all the signs for a pump. And now we have the breakout.
On this Bullish Pennant , we could see it took approx 55 days for the pattern to develop.
You could expect the same lenght for the...