Bullrun
FINALLY Bitcoin 36K test soon??June of last year I published a post about bitcoin and the possibility of a coming bear market rally to 36k once the 18k support level finally broke down (approximate).
Well the first week of November this occurred and although we did not get the deep capitulation we would have liked to see, we find ourselves in an interesting situation with the new data we have now to go off of.
The primary piece of information being that of getting back above 18k after a failed attempt a week or so before Christmas. I did not post anything at the time of that occurring because I was not sold on the idea that it was legitimate. But fast forward to the middle of January and on the weekly chart of Bitcoin we now have not only the break back above 18k, but also classic bullish divergence showing on the weekly RSI indicator.
And if we look at the weekly RSI we can also see that there is A LOT of room to run to the upside after consolidating for SEVEN MONTHS after first going oversold in June.
And we are now getting confirmation of this bullish divergence that we were patiently waiting on by taking out the 18k resistance level and now attempting to close back above it.
Keep an eye on the Sunday close of this weekly candle on Bitcoin. As well as the coming US CPI data that is going to be released tomorrow.
If BTC can hold above this 18k level, there could be a major move to the upside that could take us well past the main target of $36000 on Bitcoin.
Meanwhile, the short term first target for this asset (if 18k holds) would be $21500.
IS HISTORY REPEATING? BITCOIN 2021 - 2017 Bull FractalAre we on track? Are we moving? Is the top actually near 158,000 USD?
Given the market sentiment and Taproot, it may be worth to just publish this chart. Will the MM find it and say "He sold?" Or "He Bought, Dump it?" No one knows. What I do know is we are in a bullrun this year. It is not a bear market. I am confident to match a 2017 Fractal i've been through before. If this happens, BTC is headed to a modest 76-78K before a HARSH December dip for 61.7K Level. This might be a short squeeze temporarily on waiting bears. After that we run it up to 102-104K and then down to the 80K region before pushing back up. If this fractal is current, we will top out at BTC 158K in February 2022. BTC Market Cap will be 2.5x it is to this date by the top of the cycle.
Whether 2022 will be a Wyckoff Top, or not, I believe it will not be the case. We should have a parabolic run, however I believe we may actually have a similar price action in 2022 as 2021. The slow rising in the Crypto community started last year. We should do this year after year similar to the Stock Markets that last for years on end.
Please tell me your thoughts.
I am not a financial advisor. Just someone who looks for possible patterns. History repeats itself. Why should this year be any different?
LITECOIN 2021-2022 FINAL BULLGreetings. As always i'm happy to share my long charts. Seeing how i've been developing the price action and sentiment on Litecoin all year its pretty clear to me now that it's November 2021 that the price will move up and same as Bitcoin, Litecoin is in the middle of Wave 5. This is a major rising wedge due for breakout and overshoot to parabolic on or around February 2022. LTC can't get much lower from here, or the bull market quickly converts to Bear Market. But I say we are close. TARGETING a final price of 2590 USD at the very top. This price for Litecoin is not a shocker, especially with the developments Litecoin has been releasing especially MWEB (Mimble Wimble) Privacy, smart contracts, and more.
I am targeting a final dip to 290 - 202 USD LTC. We can not sustain much lower or we will have issues declaring a bull market.
News for XRP Hello hello .. soo I had agreed other post but suddenly we suppose to drop at the 0.20500 area but didn’t happen but that’s okay, so XRP had been forcefully demand at 0.300 cents zone.
This is incredible strength from the bulls.. this means XRP should be bottomed from that zone because it had been demanded the same 30 cents zone multiple times. Can you believe that ? Hope y’all and everybody bought the dip, as I said before ( DONT BE LATE).
This is why it had been demanded because globally mostly here in USA supported Ripple (XRP), the Feds bought all the XRP , both country’s I’ll say globally legally support and create new payments for XRP.
Everyone this is incredible amazing.
XRP are going to be adopted and will boom becomes reality the Middle East , Asia , South Africa .. Europe and MENA the name of the company.. they all discuss and wanted to expand region to avoid multi million headaches.
If this adoption happens … XRP are going to the moon even DCA from the investors this will be huge.
I know what y’all are thinking.. is XRP is in the next massive bullrun ? Probably. 0.56 area needs to break first as a first target then to 1$. If 1$ resistance breaks dramatically then the bulls are taking off with no mercy.
If 56 cents rejects even early then down lower liquidity to 0.20 cents zone only if happens.
As I was sayin hope y’all bought the dip and holding if it drops again , buy the dip again, do your thing, out
Smart the market.
Lastly if the bullrun is going to start then take profit highs
New high take profit: 50$
2nd new high: 100-150$
3rd new high: 200$ or more.
These are long terms.
Let me know what y’all think and analysis .. let’s make that bread.
Making Higher Highs EuroPoundWe've a strong support (white lines) and both of them can be tested and make a change on the price direction.
This hour will probably be the next higher low, and will be followed for bullish candles and cross the dashed yellow line, this line has been tested several times
BTC Log Fractal - How far will we make it up?BTC Log Fractal - Nobody expects us to make a run the same size as last time, law of diminishing returns etc. Posting this for the kicks to see at what point is decouples from the fractal and under performs. Also as a rough guideline so I don't get lost in the bull run.
Potential Trend Reversal in XRP.Even after yesterday's blatant and pathetic attempt to manipulate the price downward. The XRP bulls have reversed the course of action to what could become a bullish full trend reversal. Even managing to turn the crash candle green on the daily chart... Wow!
Watch the .37 and .40 levels. If these are broken and hold, then the bull-run has begun.
We will reassess this potential trend change in the next 24 to 48 hrs.
To be a good trader/investor, one must become 'like the chameleon.' - Anna from Predator.
ADAPT!
Long on USD/JPYHello everyone, there is a big opportunity here , we are trading at strong support at 130.50 cause of the pair was going up last from this current support to 152 resistance almost 2100 pips without any correction on weekly chart , so here this was a big volume executing at this support , I think we can go big higher in the first Q1 of 2023 we can go to 138-140 then heading to down again and fundamentally the FED will continue raise rates in Q1 and on the other hand, technically as you see in weekly stochastic it’s so oversold ….
Be careful guys
Don’t invest what you can’t afford to lose !
BTC/USD - Cycle Patterns and the next Crypto Bull-runUsing Sine-waves, we can clearly see that BTC/USD has followed a Cycle Pattern of 8-Bars so around 1461 days to achieve a new maximum ATH Candles before a cycle back downwards. Note that each half cycle is between 730-731 days.
If this cycle pattern is correct, we can expect the next maximum BTC ALL TIME HIGH to be achieved anywhere around the 6 Month Candle starting on Tuesday 1st July 2025 before a cycle back downwards.
I have added Fib Re-tracement Levels so you can see that BTC needs to CLOSE this 6 month Candle ABOVE the 0.236 Fib level at $16,256.
Note that I am talking about a NEW maximum ATH before a cycle back to the downside. As an example, you can see from Monday 1st July 2019 to Thursday 1st July 2021 multiple ATHs can be achieved and broken so i am talking about the next maximum ATH before a cycle back to the downside.
So according to this Cycle Pattern, technically the next Crypto Bull-run should start anywhere on the 6 Month Candle that starts at Saturday 1st July 2023. But one thing we should factor in is that the world is already in a Recession and possibly heading into a depression. So the next Crypto Bull-run could start later as it has on other cycle pivots. So technically it could also start anywhere on the 6 Month Candle starting Monday 1st January 2024. As a worst case scenario, and depending on how bad inflation gets then we could end up seeing a full 8-Bar cycle to July 2025 that is downwards.
Again this is all my opinion so I hope this chart is helpful to your trading and hodl-ing.
Is platinum in a big bull run!?Thing was I haven’t pay attention the full charts.. even V shaped bottomed formed at the 800 area.
What I see this chart carefully platinum is in a bull run the buyers pressure went harder and want it to breakout and go higher ; look how remarkable the volume is incredible isn’t it?
I agreed to aldemap ( shout out to you ). Platinum is indeed in a bullrun.
Once that trend line break then breakout bullish official. Platinum season is coming strong for the metals. Highest high yearly was 2300.. the new high target long term is 5000 but can hit 6000 possible.
Target for 2023-2024 is first 3500 then last longterm target is 5500
Ethereum-Probability of Bottom and next Bull run-2024/25 Eth This is not a financial advice - this is my personal opinion.
Am looking Ethereum in a bigger picture right from the start in and around 2016.
-> During 2016 to 2017 Eth made a bull flag at BreakOut1 trading in a parallel channel for some time and it Break out again at (BreakOut2) reaching exactly the size of flagPole2.
(The length of flagPole1,2,3 and 4 are of same length).
->BreakOut1+BreakOut2) For more than a decade Eth is Trading in a huge parallel channel without break out or break down from this current channel.
Eth tested 3 times at the top of the channel and tested only once at the bottom of channel at (test) creating Double bottom1 for next bull run.
->Double bottom1) This is the Wyckoff accumulation zone making Double bottom for another round of Bullrun with the same length of FlagPole1 but unfortunately did not breakout from this channel.
->There is a slight Bearish Divergence created in the rsi comparing 2018 bull run to 2021/22. And also, it took out the once 1's and twice 2nd making it over sold.
This is the data we have until now.
Let's Analyze things and make some probabilities based on what we have.
In General Eth should once again retest the bottom of this parallel channel at any point testA or testB or testC, not compulsory though but realistically the upside movement is limited.
Basically the parallel channels break down at some point of time if the strength of rsi is deteriorating. for example like this:
Case1: Double bottom2) Lets think if eth makes the double bottom (at 800 to 900usd + rsi is oversold).
ProbabilityX: Breaks out from the channel with the same length of FlagPole the price target will be roughly 45000usd. (Realistically i don't think this is possible.) "No".
ProbabilityY: If eth stays in the channel and test the top of the channel again than the price target will be roughly 15000usd.( this is 3 times the marketcap of eth at 5k) i still say "No".
Probability3: If it stays inside the channel making higher than 5k- may be 2 times the previous ATH somewhere 10k based on psychological aspect. i say "may be possible".
Probability2: If stays inside the channel making same or higher than 5k- let's think 5k or 6k or 7k. i say "may be possible".
(In the above Probability3, if the rsi is in down trend than eth may break down the parallel channel at testC roughly at 1700usd, since 10k is huge number, it takes some time to break down from the channel).
(In the above Probability4, if the rsi is in down trend than eth may break down the parallel channel at testB roughly at 800usd).
Case2: This is my personal opinion that eth will make double top making another 5k or little higher may be 5500/6000usd or little lower than 5k,
than making the rsi bearish Divergence again (monthly wise), creating lower lows.
Break down the parallel channel at testB and go back to sub 300usd or 200usd level area.
for going back to the lowest levels, it takes long time. Nothing goes straight Down nor straight Up - In any direction price moves in waves (If the asset is not Luna than).
RSI Bullish Divergence on Bitcoin to bring back the Bull Market?The RSI is forming a bullish divergence on the weekly chart for Bitcoin, we saw previously at the ATH and the prior high before that, formed a bearish divergence on the weekly chart and resulted in the current bear market that we are in. Therefore, the bullish divergence on the chart above may cause a significant upward movement on the price of Bitcoin, although fundamentals may seem weak.
XLM Stellar 2025 price target of $34We have an ascending channel that depends on a low for XLM of between $0.042 and $0.05 price target sometime in the 1st quarter of 2023. In 2017 we had a meteoric rise of 67k% (67,000%) from the low price of $0.0015 beginning of 2017 up to the high of $0.93 by end of 2017. If we use a fractal and use the same percentage increase for 2025 the price of XLM could possibly hit a $34 target. I also have $8 on a Fibonacci line that could play a possible target as well. Will these actually happen is anyone's guess. No one has a crystal ball but we could use past percentages and fibs to make as close a determination as possible.
A special note to keep in mind is the March deadline for the Ripple case to come to an end, therefore, giving both XRP and XLM good reasons for a rise in price action. Of course, this is all speculative and should be taken seriously considering all macros and other trading factors when making a decision to acquire both assets.