WaltrAlexander

WaltrAlexander

SNX is in a crazy falling wedge waiting to breakout. The percentage of this pole is calling for this target, but we have to knockout the resistance zone I have marked. RSI and Momentum are really low and have the chance to flip bullish here. Any flip in RSI and Momentum will have us breaking out of this wedge. Min TP - $3.50 Stop - $2.70 This chart based off of...

WaltrAlexander

XRP has broken out of this falling wedge and its been consolidating since. It looks like we have a confirmed Wave C bottom, so I expect this first wave to test the resistance we have at .39 cents. If we break this resistance, we’ll be on our way to .41 cents. A rejection there will put us back at retesting support. With that being said, I’m riding it up to its...

WaltrAlexander

We have Wave 5 at a textbook strong resistance zone. RSI and Momentum are flipping to the downside which indicates a correction. I see Wave A testing support at $10.39. If $10.39 breaks, the next zone will be around the $9.70 target. I do see the first support test to hold though. Ultimately, I see HNT coming to $9.70 to complete the ABC correction. Stop loss -...

WaltrAlexander

We've just completed Wave 5 at the top of resistance. If we break 74 cents (support), we will go down to the next strong support at .60 cents. The support at 67 cents is weak and it’ll take a lot to bounce at that level. The RSI and momentum are also calling for a reversal. This further validates my TA. Stop loss - 0.86 Minimum TP- 0.74 This chart based off of...

WaltrAlexander

Lets dump it to 12k! Before I begin, I’ll explain why we’ll go to 12k. Let’s compare the Dot Com bubble to this Crypto bubble. Back in the year 2000, the Nasdaq dumped 82% after the tech bubble popped. If you combine the dot com bubble along with the Law of Diminishing Returns, you get a crash of 82%. An 82% crash from the Ath puts us at about 12k. Bitcoin is...

WaltrAlexander

In my opinion, it looks like we’ve completed Wave C and are ready to begin a new run. FitFi has been consolidating in this nice bullish pattern since it's first leg up. It’s Momentum and RSI will help FitFi breakout of this bull flag. The height of the pole is calling for this target. This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, RSI, Momentum,...

WaltrAlexander Updated 

A temporary bottom could be in. Back in 2017, we crashed 70% before we got a relief rally. We are at a major support coming off a 70% crash right now. After retesting a strong support at 6k back in 2017, we still crashed 50% after a few support tests. We could get a relief rally here, but keep in mind that a 50% crash from 20k is a possibility after a relief...

WaltrAlexander

Ada just completed Wave C and it’s ready to start its Wave 1 run. Ada’s Momentum and RSI are flipping to the upside right now. We also have pretty strong confirmation that a temporary bottom is in for ADA. This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, RSI, Momentum, and resistance/support zones combined with patterns.

WaltrAlexander

Based on market conditions, I see DXY hitting the top of this fib at the 4.236. DXY looks ready to shoot for 110 on this 5th wave. We’ve been punching the 2.618 fib level and this resistance is weakening. A 3day close above this fib level will have us continuing our 5th leg up. Momentum and RSI are ready to fuel this up to my target. The money flow on the 3day is...

WaltrAlexander

FTM looks more bullish on the higher timeframes, but I zoomed in to show y’all the trend-line breakout. FTM has a lot of bullish divergence on the MacD and RSI. The 12hr timeframe will propel FTM to .50 cents over the course of the week. We will comfortably move towards 80 cents once we break that zone. This chart based off of The Elliot Wave Theory, Fibonacci,...

WaltrAlexander

I called GMT and now I’m calling FitFi. Although FitFi is a new NFT project, it has a lot of upside potential in this market space. Momentum and the RSI are calling for a reversal on the higher timeframes. It will explode to the first target once it breaks out of this descending channel. FitFi has broke through the 10EMA convincingly as well. These are Elliott...

WaltrAlexander

Before ya'll get too excited, let me state that Bitcoin is clearly in a bear market. We will see a relief rally before we complete Wave E. Momentum and RSI look strong enough to bring in some strong upside buy pressure. We’ve had a temporary relief rally every time we’ve hit a local bottom. Look at what happened when we hit a local low at 32.9k. 26k was bought up...

WaltrAlexander

We are about to see some relief before we complete Wave E . We are still in a downtrend, so don’t expect a new ath anytime soon. I do see Momentum, RSI, and the MacD turning to the upside. I see selling pressure cooling off in the short term. The red line is the downtrend Sol is in and I see that as the top of this temporary reliefs rally. This chart based off of...

WaltrAlexander Updated 

1inch has been consolidating inside this pattern with RSI, Momentum, MacD turning bullish. The Wave 3 target will take us to the .618 fib level (4hr). It looks like RSI will have enough momentum to break out at any moment. This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD, RSI, Momentum, and resistance/support zones combined with patterns.

WaltrAlexander

APE is breaking out of the bull pennant with Momentum and RSI flipping to the upside. It’s height percentage is calling to this target which is at the .786 Fib level. This micro wave 3 scalp is also indicating this target. This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD, RSI, Momentum, and resistance/support zones combined with patterns.

WaltrAlexander Updated 

This chart based off of The Elliot Wave Theory, Head/Shoulders pattern, Fibonacci, MacD, RSI, Momentum, and resistance/support zones. In my opinion, wave 5 topped off and we are now entering a A,B,C,D,E correction. We have all indicators turning to the downside. We just fell below the 200 EMA which means it’s not time to buy yet. Wave C will take us down to the...

WaltrAlexander Updated 

Bitcoin is in a critical zone. It just broke below the neckline and it’s looking bearish. This chart is based off of The Elliot Wave Theory, Head/shoulders pattern, Fibonacci, EMA’s, MacD, RSI, Momentum, and resistance/support zones. The height of the head/shoulders is calling for this target which bottoms at around 17k. Coincidentally, we also a fib level that...

WaltrAlexander

This chart based off of The Elliot Wave Theory, Fibonacci, EMA’s, MacD, RSI, Momentum, and resistance/support zones. As you can see, Sol is about to break the 200 EMA on the 3day. There is no strong support below this zone. I know it sounds crazy, but the next strong level of support will be at the 1.618 fib level at around the mid 30s. I’m reading this chart...