cnote56

cnote56

I've called Flare a Phoenix rising against the selling pressure against the guys dumping from the distribution airdrops. If we look at the recent movement, this is a parabolic price rise. Where I grow concerned is where the support levels of this acceleration need to be correctly built under the value expressed in the current FLARE pricing. If not, we could see a...

cnote56

Flare attempting to set new support within the fibs and MVAs.

cnote56

I'm seeing a lot of negative pressure here. The breakaway from the prior wave patterns isn't good for wave theorists. Still, it does tell me that there are some serious questions about longevity for this stock, as well as whether it is fat and needs shorts to bring it back to a reasonable price level for a company that doesn't offer a dividend or any buybacks to...

cnote56

We saw a break above the triangle pattern we've used as a gauge and saw some increased buying volume that helped break above the nearest MVA's to establish some price flooring. I expect LTC to benefit from a surge in BTC value as Those roll those profits down into older and similar chains to BTC. My theory is that if BTC breaks higher and above the next ATH, the...

cnote56

If we look back in time to 2018 and see the first spike from the XRP price chart and draw from that ATH to the retracing and sell-off, we see some interesting correlation between the FIB extensions and the Wyckoff patterns used in the triangle pattern I've overlaid on this chart. If we see the same grind and pressure, we could see some relief in price action...

cnote56

Given that Stellar is a sister blockchain to XRP. It's a visioned as a public version of the "bankers coin" that XRP got labeled with due to its use cases being so closely integrated into the payment providers and services they've partnered with. So Stellar seeks to be a plebian coin that can do the cross-border work that XRP can do. Stellar has done some of the...

cnote56

While still getting the airdrops promised over two years ago, Flare is slowly gaining some good stairsteps on its daily chart. The development progress of the chain has been promising and looks to be getting stronger and more valuable with each quarter. I've been a holder since day one and will continue to hold. This one is going to flip ETH.

cnote56

Feb-6: In hindsight, I was overzealous on the expected sell-off pressure to hit on Feb. 1; instead, it hit on Jan 31st. And it bounced off the 50-day MVA, but at a price target I was not expecting, but I also hadn't watched this one evolve. Either way, it's not a bad theory to watch for the MVAs and the price action.

cnote56

If the selling pressure continues, might there be another price spike or sell-off with another retest of the 50 MVA? I'm tracing a pattern from the prior retests of the 50 MVA. Each time, a long wick forms from selling pressure and drops to where the prices firmed up for the day. This traces through to a second time the 50 MVA was rested if you trace further...

cnote56

I'm a little off on my wave prognostication, but I'm still happy we are in the range of the Fibonacci sequence. We might dance 0.618 before the bottom drops to 0.382 for a new impulse upwards from 0.5. I expect to stretch my wave projections out a few more weeks if the dance doesn't break up by midday-Tuesday.

cnote56

SWIFT handles $5 trillion a day. That's $1.25 QUADRILLION a year. SWIFT is currently testing ISO200022-compliant coins with Nov. 2025 as the end of the transition and coexistence period. There are approximately Nine (9) ISO 200022-compliant coins. XRP is one of them. So, if we take the current market cap of XRP and take a 1/9th of the annual money transfer...

cnote56

Look at the FIBs and consider how market structures and historical indicators are probably pseudo-science. We might be seeing a floor forming at these prices for SOL's LONG holders.

cnote56

TSLA numbers are the pulse of the EV market, with price cuts and laggard Domestic manufacturers not eating its market share. Power wall sales directly to gas/petrol stations worldwide. These will only go up because TSLA is not a car company. They are going to pivot to an energy and EV infrastructure. The recent adoption of the NAS Tesla Plug as the North...

cnote56

Beating earnings is a big deal right now for tech sectors. Apple did, with almost a point to spare. And with the reliance on phones and connectivity, might Apple be the one that will rise higher above the rest? I'm asking questions to justify my projections, but I think if we throw some impulse waves out there and see how we caught a 60% rise during the last...

cnote56

LINK has been running on a breakout recently, but moreover, it has been building ever since early June 2023. I would like to know if this has anything to do with the recent news where DTCC and other FMIs use CHAINLINK to view and track transactions on the sandboxed chains used in these new experiments. Don't believe me - READ MORE AT DTCC WEBSITE . "In a...

cnote56

I've been watching the recent price increases with glee and looking for more explosive potential. I find this hopeful, and I look forward to the trend holding this pattern for some $1+ prices to break soon on XRP - IF THE REST OF THE WORLD DOESN'T SCREW US OVER.

cnote56

Taking the inflation numbers and the economy dred in the news; we are entering a washing machine with a lot of downward selling pressure that will keep XRP at prior support levels. Moving averages are used in technical analysis to help smooth out price data by creating a constantly updated average price1. There are two main types of moving averages: Simple...

cnote56

We've already disposed of my recency bias, but I'm leaving up the prior fractals and the fib retracements because I think we will retest them. Short-term. I'm not sure we are rocket launch time, but we could be in for a choppy winter as crypto goes through another consolidation. Expect SEC cases and anti-crypto news to be front and center - UNTIL Congress...