LINK didn't breakout of the bull-flag structure as I thought it could but this doesn't invalidate LINK's upward move in this current market. Let me repeat... LINK is still eyeing all time highs in the current market structure which is clearly bullish and which I describe below. I still have a target price of $48 by Jan 2021. In the short-run (next 1-2 weeks) ......
Here is a 4H chart of the undervalued ETH that will follow BTC higher as we grow closer to getting on track to ETH 2.0 now that we've surpassed 100k ETH (total of 524k needed). ETH can cleanly hit somewhere b/w $540 - $580 in the next 3-4 days before any potential healthy bull market correction before going much higher to $800 - $1,500 by December 21st Please...
As long as BTC is stable, ETH will continue to rise higher and higher.... ETH's 2 hour chart looks amazingly bullish and is aiming for $580 as the first price target in the next few hours. Keep watching BTC for potential short term dips (not dumps). Currently $541 is acting as support for ETH before it moves higher which is clear on this chart it is poised to...
ETH is trading completely in-line with my analysis that I wrote back on Nov 17th that it would shoot higher b/w $540-$580 by Nov 21st before heading higher. ETH is following my fractal so far nicely, but do not take the fractal as 100% authority, of course ETH can move based on changing news and could shoot much higher than $580 before any type of pullback occurs....
Technicals are clear here - NEXCF is in a bullish flag structure - if it breaks up to the upside, $12 will be imminent.
Fundamental Backdrop ETH has a lot of potential in the short-run to outperform relative to BTC due to the ETH 2.0 Contract date quickly approaching and the fact that ETH too is a store of value - considering its inflation rate will be lower than BTC by July 2021, according to this article written on Seeking Alpha on 11/19/2020: Seeking Alpha - The Case For...
Technicals and Fundamentals have been coinciding nicely and it is looking that BLINK is setting up nicely to re-test the $15 price target set back in January 2018. After $15, BLINK will test $34, set back in August 2017. Earnings are announced today - could it be they are bullish or some new insight will be offered by the C-suit? We are indeed in the midst of an...
SunRun (RUN) has made some amazing gains in the past and it's clearly shown it has broken its downtrend pattern after the merger w/ Vivint Solar (VSLR). Vivint has an amazing management team and was doubling revenue every 2 years. The combination of the 2 companies makes for the world's 3rd largest global owner of solar capacity: www.greentechmedia.com Only...
There is very little resistance between the current price and the next target price I have marked which is $817. ETH currently has several bullish fundamentals driving price. The foremost being PayPal which continues to push new daily all time highs in volume traded. Here is a readout of the last 18 days of daily November volume traded on PayPal (in...
BTC is trading in a clear uptrend line. Notice the 3 touches on my top and bottom trend lines. This indicates a very strong trend. I took the outlier out from the March 2020 wick as that was driven by a blow-off selloff from COVID which should be factored out in my view. BTC is targeting the upper trend line which would coincide with $17.7k by November 20th,...
BTC is in pure price discovery mode and is looking like it will blow by my PT of $17.7k that I wrote about on Nov 13th (link below). If BTC surpasses my $17.7k PT without effort, there is clear sky above before any meaningful pullback occurs. How high could it go? Hard to say but $20k looks as if it will be breached any day now considering the bullish news in...
ETH is setting up for something massively bullish. As you can see, my thick orange target price line goes all the way back to the all time high. Currently we are in the purple channel which is a strong accumulation zone that dates back to the all time high as well. This channel is b/w $418 and $501. Once ETH gains enough momentum to blast through $501, there...
ETH is stair-stepping its way to $800 by year-end. Daily RSI shows a very bullish path forward. Under reported story of the past 5 years With the PayPal news that 305 million Americans can buy crypto. ETH and BTC are currently in a stealth bull run... almost no one is mentioning this story about PayPal; watch ETH and BTC like a hawk as prices could move...
December 2020 View As I have been reporting on, the entire crypto world was asleep on the pending PayPal news that it will be rolling out 100% of its crypto services to 305 million people by Mid-November and NOT 2021 like everyone believed. (See article below) This is insanely bullish news! PayPal has 305 million customers in the US and this means they can all...
Longer-Term View This is the most bullish chart based on RSI I could find on LINK and looking at past analysis where LINK made 100% and 139% gains from the previous all time high tops - it's looking that LINK is gearing up for another upswing earlier than I though. Using this RSI analysis, LINK could very well be $48-60 by Year-End 2020... this of course...
LINK Is now sitting on the long-term support line that I've had targeted for several days - $13.21. It appears to be breaking out of a Bullish Pennant Flag in 4H timeframe and could play out over next 8-24 hours, resulting in an upside TP of $16. From here I expect another consolidation before LINK heads MUCH MUCH higher. I have $48 set as my January 2021 TP...
LINK has clearly broken out of its downward regression channel which was taken from the all-time high of $20 set back in mid-August 2020. It bounced off the mid-line of the channel on Nov. 4th, a sign of bullish continuation (for time being). This breakout would be enough to rocket out of the ascending channel that LINK has currently traded in since Sept....
PayPal Rollout to 100% by Mid-November Everyone believes PayPal is rolling out crypto to 100% of customers in 2021 but little do they know that PayPal is actually already rolling out their services (via Paxos) to 100% of their customers by mid-November! I've already received my PayPal crypto account as of yesterday after requesting it on Friday. This is super...