Could we be seeing a possible head and shoulders pattern forming here with Ethereum? If so we could see price push up to HKEX:1910 before it falls down to $1567.
Here it is crypto fam. Here we have the market cycles for Bitcoin and in color. We begin with the year of the bull run then we have the bearmarket year then the year that no one likes which is the year of Pain. After pain we have the famous and most anticipated Bitcoin halving year then the most exciting time in crypto is the Bullrun year. We have had three of...
According to the charts Bitcoin has been moving to the upside pretty aggressively lately. These price points are only speculative and based on probabilities only. Bitcoin could reject these support/resistance trendlines. I have trendlines (solid lines) and strong support and resistance in corresponding color as dotted lines. If they match up and hit the target we...
I believe we are seeing a possible double top bearish pattern forming here. From head to bottom would give us a price of $25,303 shown on red dotted line plus intersecting with the two hour 200 moving average (white dotted line). Also, we have some serious pressure on the fib channel where Bitcoin is not trespassing.
Astroswap is a decentralized exchange on top of the Velas blockchain. Astro will eventually migrate to the Cardano (ADA) protocol in the near future at some point. As you can see by the trendlines from the previous price action we have three key prices to target; $0.048, $0.22, and the all-time high of $0.52. Coincidentally this $0.52 sits right at the high of the...
Anyone in Don-Key Finance will want to see these two trendlines broken in order for a higher target moving into the 2025 bull run. DON needs to break between the $0.04 and $0.06 price range in order to move higher. These are major resistance trend lines that need to be broken through and would be nice if this happens in 2023 if not then we wait till 2024.
A few points to consider a $33 trillion dollar crypto total market in late 2024 early 2025. As you can see from this 3 day chart that we have one low in 2015 at $2.1 Billion and the high of $792 Billion in 2018. The number of days from this low to the next high is approximately 1,066 days. If our next low comes in early 2023 and we use the 1,066 days for the next...
Here are the metrics/indicators i am using for the 2-day chart on the XRP token: Using an ascending channel starting from the low in 2017 to the high in 2017 of about $3.25 as the first huge increase of 60,000%. I am using a fractal for the possible outcome in 2024/2025 if XRP moves the same percentage of 60k% which would put the price between $21 and $153 for...
We have an ascending channel that depends on a low for XLM of between $0.042 and $0.05 price target sometime in the 1st quarter of 2023. In 2017 we had a meteoric rise of 67k% (67,000%) from the low price of $0.0015 beginning of 2017 up to the high of $0.93 by end of 2017. If we use a fractal and use the same percentage increase for 2025 the price of XLM could...
Using the BLX chart on the 2 days to show Bitcoin as a scenario 2 possibility for Bitcoin reaching this $330k value by April instead of the end of year 2025. there are certain parameters used to make this assertion. On the first bear market of 2014 from the bottom to the next higher low was about 220 days and then the bull started for the next cycle. The next was...
My thoughts on Don-Key Finance after the possible 2023 XRP win and BTC 2024 halving. This is of course all speculative and not financial advice as everyone should do their own due diligence on any digital asset whether it is a DEFI or other type of platform asset. Defi is not going away and so far Don is still very much alive and already down a whopping 100%. Many...
Basing a $330k BTC price into 2025 based on the previous 2018 bear cycle low of $3k+ of 2018 to the next peak high of $13,800 in 2019, then drop to $4k before it went up to $68k in 2021. We had a 1571% increase in 2021 with BTC price. If we take a similar percentage increase we could see a $330k BTC price in 2025 taking into consideration the number of days from...
I have another chart for KDA with a cleaner price action moving into the middle of December 2022. I have two price targets which are $0.46 at the 1.68 Fibonacci line and one at $0.59 which is another Fibonacci line. From the previous top, we had a 43% drop in price, and taking the same percentage drop into this recent possible high would bring us down to the 1.68...
Are we seeing a possible head and shoulders forming here on the 4-hour chart for Bitcoin? This would coincide with the $9500 target and possibly a slightly lower price into the $8900 level for Bitcoin. This price action would actually bring us into this Gareth Soloway yellow trendline.
As you can see we have a descending channel that has the Bitcoin price at $25k and two points touching the bottom of this descending channel at $17.7k and $15.8k. If we come in contact with this lower (yellow) trendline (mentioned by Gareth Soloway) we could possibly see price action at $9.5k. If this is the case the bottom could well be in this bear market.
Could the $0.30 cent plus range be the absolute capitulation scenario for KDA? The blu line is the absolute recorded low for KDA. We may pay this price a visit depending on the capitulation event with Bitcoin bottoming out at or below $9500. We could follow this descending channel if price points are correct. The other horizontal lines are Fibonacci lines that...
Are we seeing a possible head and shoulders forming here? This could be an interesting pattern with everything that is happening in crypto given the FTX collapse/contagion and other possible toxic accounts that have not been revealed that could be the last leg in bringing crypto to the last shakeout in this market. Target price with this pattern is around $0.13
Bitcoin finally showing its weakness due to the FTX scandal with SBF. We have two trendlines that are converging together to give us a possible price of $13k to as low as $8k with a middle price of $11k. What is also important to notice is the coming Ripple vs SEC case which should be wrapping up in late March 2023 that can affect the crypto markets in a positive...