Why? First off, we are in a bull market that shows no signs of distribution so continuation is more likely. Secondly, we are in a clear Eliott Wave fifth pattern with waves 1, 2, 3, 4 already done and wave 5 should ensue of a higher mangnitude than wave 3. Wave 4 was a clear Eliott Wave double three pattern with w, x and triangle in y. Triangle means correction...
First off, Bitcoin is in a very strong bull market since 2009 so likelihood of new ATHs is always higher than not-reaching ATH ever again. Throughout 2022 Bitcoin was in a clear correction / pullback phase after 2021 distribution. Market got cleared out of leverage with Luna, FTX, 3AC, etc. fiascos and built ground for a new wave of a bull market. Bull market...
Long-term bear market seems to be already done with accumulation and bullish divergence at the bottom. We can see first signs of a bull market already and after such a long accumulation price is likely to reach new high sooner or later.
Worldcoin is in a clear bull market with a rounding bottom which means accumulation is over and huge breakout on a high volume and volatility confirms it. Now price is pulling back towards $2.7 until it finds support at MA200 H4. $2.7 is a great place to go long and hold until high teens or at least $15.
We are in a bull market and through Dec 2023 clear a, b, c correction is being made. Wave a and b are clearly done. Wave c looks like a textbook ending diagonal pattern with waves 1, 2, 3, 4 already done and now we are in the middle of wave 5. The drop won't stop until price reaches $40k level. It's a good trade with a very high likelihood of success and...
There was a clear Eliott Wave abc correction between 2020 and 2022 that found a very strong support around $28 level and MA200 Monthly which acted as a support since 1980s. Price consolidated for a year around $30 level and just broke out and gained momentum pushing through resistance like through a butter. The momentum and trend are clearly established and won't...
We can observe triple three pattern on a weekly chart.
We are on the verge of a new euphoric bull market. Look here: In a bull market everything is positively correlated to BTC, but altcoins grow much faster, so it's better to focus on them. ZRX has been one of the strongest coins throughout the bear market. It's a protocol for creating decentralised exchanges which is probably one of the greatest problems to be...
MOON PEOPLE, MOON. ROCKET IS BEING LAUNCHED. 3, 2, 1...
Santiment will go much higher than 8 USD over the next 2 months or so. Ideal Wyckoff accumulation and Eliott Wave 4. Target: MOON.
We can observe trend reversal on Delcath. We've had clear impulsive wave up in June 2017, since then we are in clear ABC correction. Correction should end around 4-5cents and around end-of-September. Following rise should be a huge impulsive wave C or wave 3 which will take us to $1-$1.3 level.
What we've had in 2017 is a clear third wave. Maximum momentum, maximum volume, institutional ownership. Now we are in corrective, probably sideways, fourth wave which might take a shape of a triangle. What happens next is fifth wave which might turn out to be a huge mania.
It's probably not the end of the Bitcoin. The run in 2017 was on huge volume, huge momentum and institutional ownership. Now we are in corrective fourth wave which might last for around 6 months. What follows is fifth wave which might take a form of a mania.