veryevilone

veryevilone Premium

A few months after launching, ETH almost flipped market cap with BTC. The flippening was the top. This time, if ETHBTC resumes uptrend on weekly, it will go to flippening again, but this time Parity will be top. But lets see. Parity means 1 ETH will be worth as much as 1 BTC ETH is designed to pump with the proof of stake and the triple halving coming up. So...

veryevilone Premium

Copied the 2014-2017 price action and pasted it on the chart in log scale. To me it looks good, from a TA perspective, i mean, it looks organic. The problem is that it kinda predicts a price of almost $3k which puts MSTRs big bet in trouble. The trend for the last 6 months has been to squeeze people who made big bet big on crypto. Why wont that trend continue...

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wanted to share a few observation that could support a bullish case on BTC i am still currently short but if things improve on the lower timeframes then i may unshort. but the macro timeframes if you will have potential for v-shape recovery. monitoring the situation closely and if its starts going up i am prepared to not get in front of it by shorting. But lets see.

veryevilone Premium

web3 narrative, flippening, tripple halving, ETH is entering the ultimate pump of the ages and people will hate and short it all the way to the top. $100k target

veryevilone Premium

This is Bitcoin chart that shows the range where BTCUSDLONGS whale increased his position significantly. So the price is curently trading underneath that range, reluctant to go up and bail him out. But what could happen if the market could have a sudden change in sentiment and realise he actually got a good deal or something, and then price jumps right above his...

veryevilone Premium

As ETH continues to gain credibility a store of value narrative can kick in. And also in a few months ETH will have a triple halving reducing issuance to near 0 while maintaining a high security budget for validators. Validators are basically miners except they stake ETH instead of mining with machines.

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A bit of a random chart but the proportions match the highs and lows of the historic bars. It shows a potential target of $60k EOY.

veryevilone Premium

this idea is built on the idea that the price will go x amount above the EMA and then eventually an equal and opposite amount below the EMA. Since its a log chart you need visual aid like rektangles, you cant use fibs, or numbers afaik. You need to draw a rektangle that is the same size as the one you draw above and then you use the bottom line of the bottom...

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I think the price of oil is going to $600 in a sort of S-curve move. Right now people are just assuming its peaking (At $125), but if it keeps going up there will be fomo soon. Will take most people by surprise. But in hindsight it will be so obvious. But lets see. $600 oil threatens much of the internet since it needs cheap energy and standard of living will drop...

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The recent price action is probably shocking to many bulls. They've probably looked at the chart now and figured the price will be more or less stagnant, comparing it to 2014 because it has price action that looks somewhat similar. So what if the price action turns bullish relatively fast again- More or less skips the stagnant part. Would surprise many perhaps,...

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Just a random idea. It gives something to bulls and bears, a 100% retrace i think bulls would be happy with, and its going to look like the flippening is secured. But then it loses momentum and ends up in a downtrend instead, but lets see.

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Copied the bars from the 2017 bull market and put it on top of the curreny (potential) bottom in 2022 in case it plays out identically (It has several similaries so far with the breaking of the red trendline for example) and i believe around 0.16 is where ETH market cap flips BTC. This will generate lots of headlines and fomo i believe. Flippening narratives are...

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What if BTC volatility keeps increasing and the new quarterly candle becomes a big rally? 23 days left from the time of writing. Why would the volatility increase? Because this is BTCUSD chart and the USD is flickering between a world reserve currency and worthless junk. So it makes sense that the volalitly is increasing as the market runs to USD for safety but...

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This is just a chart projection a crash based on the latest rejection on the 4H hour resulting in support breaking. But lets see.

veryevilone Premium

Hello, the ETHBTC has a potential bottom on the weekly. If momentum start picking up it could cause a flippening in the second half of the year. This also coincides with the switch in Ethereum from Proof of Work to Proof of Stake aka the merge. There still needs to be a specific date sate but optimistic estimates are around august. So if the merge happens and...

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When Ethereum was contrived it unleashed hell in the cryptocurrency space. So many scams, so many ideas too good to be true, and so much money being thrown at it. Meanwhile BTC trying to be dilligent, responsible, recievieving barely any attention. Its relative size in the crypto economy kept shrinking. Thats what i consider it the 5 years of hell, if you were a...

veryevilone Premium

The dollar is slowly losing its reserve currency status and its possible gold make a comeback as money in the ensuing turmoil but how it will play out remains to be seen. This is my guess based on a "dumb" projection on the weekly chart.

veryevilone Premium

There is alot of excitement in the ETH community about layer2 and general adoption as well as the coming switch from proof of work to proof of stake. It is generally believed that the western establishment will disrupt BTC adoption going forward and not ETH adoption due to the way ETH has evolved. ETH doesent try to educate people about money and decentralization,...