xprojoepzz

xprojoepzz

As seen on the chart, BTC has made a new ABC Reversal setup and we've already crossed the horizontal A line (the point at which you would enter long with tight stop loss, repeatedly until target is hit or a new C is formed) 0.441 is the target, meaning BTC should reach $53k in the next 1-2 weeks probably.

xprojoepzz Updated 

XRP has a nice ABC reversal on the chart, as long as we sit above the horizontal A level I expect us to climb to the 0.441 fib extension target. Under A level is bearish as it could mean the C has not been formed yet, therefor a tight stop loss is used when entering during A line cross.

xprojoepzz Updated 

XRP is nearing the bottom of a long term channel, really want to see it move up here soon and start its rise to the center trend of the channel. Otherwise it's going to look very bad.

xprojoepzz

To me, it's evident that BTC is finally starting its reversal. Some people feel like the current correction or crash will need to consolidate months just like in the summer, though there's one thing that's keeping me from saying that too. In the summer, we had hundreds of thousands of BTC flow into exchanges, retail capitulation. This time, we don't have that,...

xprojoepzz

BTC is about to make a similar RSI breakout as it did back in the summer of 2021. Likely to see a big reversal.

xprojoepzz

We're about to confirm a breakout of this RSI downtrend, back in the summer this led to a nice rally.

xprojoepzz

I believe all indices are strongly overvalued, overleveraged and most people simply can't afford prices to go down currently. The fed would be a major fundamental reason for this crash. I don't believe it will occur early 2022 as the fed is likely to stall the inevitable.

xprojoepzz

mainly hoping to jinx myself here, but this could be a bear flag to sub 30k

xprojoepzz

As seen in the fractal presented, the recent price action appears to be very similar to 2018 bear market price action. Due to this market cycle being lenghtened, some parts in current price action might be extended/slower, though the same structure is in place. I hope to see the rest of the price action play out as well.

xprojoepzz

Stop below 30k range, targetting 200k cycle peak sometime in 2022. Send ittttttttttt

xprojoepzz

BTC is showing growing momentum and moneyflow, this could soon be reflected in the price.

xprojoepzz

As we can see in the chart, BTC is potential going to play out an ABC Reversal all the way to $58k. Similar to how we recovered back in the Summer of 2021.

xprojoepzz Updated 

By looking at this chart, we can conclude that XRP has a repeating fibonacci pattern in which it consolidates, and inevitably goes vertical. The yellow fibonnaci box acts as an almost imbreakable resistance for a long while during bull runs, before eventually breaking after generally ~5 touches. The first time a daily candle closes above the yellow box, it has...

xprojoepzz

BTC.D is showing a triple bottom with bullish divergence, it's likely to make a push up soon.

xprojoepzz Updated 

The spiderline theory was first publically discussed by 'CryptoFace', the founder of the indicator MarketCipher, he only applied it to Bitcoin, so I decided to apply the theory to Ripple (XRP), the results are pretty interesting to me. I could see the XRP price play out something like this for its journey to +$10 in 2022.

xprojoepzz

Open interest for BTC just hit an all time high, meanwhile price only continued to go down. I predict a repeat short squeeze like in July and October

xprojoepzz

too lazy to explain anything, I see XRP going to test around $1.20 pretty soon, few days

xprojoepzz Updated 

BTC appears to be holding macro support, I can see it testing $53k macro level as resistance and perhaps flipping it soon after.