LoneWolf1425

LoneWolf1425 Updated 

FET has hit a 6.85 just as it did in its last market cycle top. I think that from here there is a chance that it dumps down to the 2.618 area as an initial dump. This is approximately around $1.22. Once this initial dump takes place, it will likely do a nice bounce back upwards, which typically sets up another dump/short opportunity. This bounce will probably...

LoneWolf1425 Updated 

Fil may actually play out another leg of its correction before heading to the next upper targets. We could potentially see an opportunity to buy around $6.40 - $7.50.

LoneWolf1425 Updated 

The measured move from the descending triangle has already played out for Jasmy - and it is surpassing that move. There is a set of fib extensions based upon the bearish breakout from the descending triangle - they are in yellow. They seem to be getting followed by price action. The 4.236 of that sequence is setting around 0.00289. There is also some fib...

LoneWolf1425 Updated 

Fil looks to have built a nice base above the $8.30-8.40ish S/R. I think that it will continue to work the fibs and climb to around 20-24 dollars. There I think it will hit a correction to the low to mid 14 dollar area and then build support on the 17.40ish area once the correction is finished. This is a continuation of an earlier trade idea that I'd posted.

LoneWolf1425

If FET is to continue bullish from here - the next target that I am seeing is $4.52. Beyond that...$7.28. This coin has had a ridiculous run!

LoneWolf1425

Fil is now currently trying to build support on top of the 8.40ish-9.30ish critical support area. This is on top of the large accumulation area that it has faced for its market cycle bottom. We hit a 1.618, and corrected down to a .786. Now I expect us to take a shot at the 4.236, which is around $20.00. I think that we get rejected there, face a small...

LoneWolf1425

I think that BTC will likely make a stop around 85k next, where that is where we will see the 30% or so correction - we will come back to the area where we are now at approximately 59k-67k. Then we will take a trip up to 120-122k as the actual market top. This is based on fibonacci numbers, as BTC price action seems to be following this sequence currently.

LoneWolf1425 Updated 

In my opinion FET is playing out a textbook top in the market currently. We are facing a potential top in Bitcoin much like the first phase of the bull runs in 2015/2016 and 2019/2020. We could play out a scenario similar to either one of these historical price history points. The conditions are perfect to start a full sized FET short position IMO. The first...

LoneWolf1425

I think that the top is likely in for this half of the bull run, and if it isn't, there won't be much more upside trajectory before an intermediate reversal. Just as we did in 2015/2016 and 2019/2020 - we are getting rejected from the macro .618/.65 fib golden pocket. The question here is if we get a retracement that mimics 2015/2016, or do we do something more...

LoneWolf1425

Howdy! This is a follow-up to my two previous ideas -Jasmy measured move played out, and Jasmy buy zone incoming. As we've seen, the descending triangle measured move has played out. The thought behind that is in the measured move idea. I'd pulled some fib extensions based upon the bearish breakout from the descending triangle. They had the potential bottom...

LoneWolf1425 Updated 

The Descending triangle that took months to play out had a measured move of about 47%. It looks to have all but played out as it is currently. If this isn't the bottom, I think that there is risk of Jasmy to go to around 0.003 - 0.0034ish. I am personally scaling in at these prices.