Litecoin - 2000% profit! Last chance to buy low.
The bottom is in for Litecoin, and you have the last chance to buy cheap Litecoin these days!
20x is a reasonable target to take profits because you want to be greedy. It's been almost 5 years of sideways price action.
If you like Gandalf or Litecoin, then hit the like button right now!
As you can see on the chart, there is a running flat pattern, which is an Elliott Wave corrective pattern that may occur after a strong impulse wave. This pattern has been completed after almost 5 years.
If you didn't know that, Litecoin was the first altcoin, which can be mentioned in the Guinness World Records book. This is pretty impressive, isn't it?
Let me know in the comment section if you want to buy Litecoin or if you already hold litecoin. I look forward to your comments!
If we take a look at the MACD indicator, we can spot a bullish histogram on the weekly chart, and we can also see 3 peaks, which indicates a diagonal wave.
Litecoin experienced a massive bull run in 2015–2017. Another bull run is, of course, very likely in my opinion, and it can be very soon.
Litecoin was released via an open-source client on GitHub on Oct. 7, 2011.
The cryptocurrency was created based on the Bitcoin (BTC) protocol, but it differs in terms of the hashing algorithm used, hard cap, block transaction times and a few other factors.
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FLAT
Bitcoin - Next week will be extremely bullish!
It looks like next week will be extremely bullish for Bitcon and also for the altcoins!
Price is currently moving in the ascending parallel channel, so the bulls have strong momentum.
As per my Elliott Wave analysis, the first impulse wave has been completed, and I expect another 2 impulse waves to the upside.
23 000 USD next week is definitely possible!
There are no gaps that need to be filled on this chart, which looks safe.
The chart is printing a bullish flag, so wait for a breakout for confirmation!
I wish you massive profits!
I expect tremendous gains for selected altcoins. You can find them in the related section down below.
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🐶DOGE - 30% crash is imminent!
30% crash is definitely very possible on DOGE, so be prepared for it!
After a 189% pump on DOGE, do not be surprised at all if we the bears step in. What goes up fast also goes down even faster.
An impulse wave was detected from the peak, which is not a great sign. There is an increased probability of another impulse wave to the downside.
Overall, I think this huge pump on DOGE is done, and I expect a retracement to shake out late longs.
Let me know in the comments section what you think about DOGE. Are you bullish or bearish? I look forward to your comments!
The latest news on DOGE is that Twitter will not include any cryptocurrency at this moment in their business plan.
I believe DOGE will go up, but not now; it's just too fast.
I expect tremendous gains for selected altcoins. You can find them in the related section down below.
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Curve CRV - 2000% profit! (lifetime opportunity)
This is a once-in-a-lifetime opportunity to buy CRV at this very low price because this coin can explode anytime soon!
2000% profit is real, no problem at all. You can buy this coin on the spot market or you can open a long position on the futures market.
CRV is currently ranked #78 on coinmarketcap, so there is a lot of room to go up. The market cap is relatively low.
Curve is a decentralized exchange for stablecoins that uses an automated market maker (AMM) to manage liquidity.
This setup is amazing from the Elliott Wave perspective because you can catch the third wave of the third wave, which is a dream setup!
The main trendline is breaking out, and wave 2 has been completed. It looks very promising; do not miss this opportunity.
I don't know what about you, but I am buying this coin! You can buy it with a small amount of your funds, if you want to allocate your capital somewhere else.
All-time high resistance is of course a strong resistance, so I recommend taking profits below this major level to make sure you will get filled.
Look at my ideas about crypto's total market cap, Bitcoin, and LDO in the related section down below.
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GOLD is no longer good
We are living in the digital age, and we require digital money like Bitcoin. Shiny metal is beautiful, of course, but the internet is currently up and running.
I remember the peak on gold in 2020, when the coin stores were full of people and there were big queues in front of the stores full of retail investors.
It's not looking good for gold at all; another 17% drop is possible as per my technical analysis.
According to my Elliott Wave analysis, if we want to stay bullish on this wave count, then the bulls need to defend the 1350 USD level. We are currently in the C wave of the corrective structure.
1350 USD is a strong support because: the start of the gap from 2019 + breakout level from 2019 + Wave 1 support from 2016 + Trendline from 2015 + 200 monthly MA!
200 daily/weekly/monthly MA is considered a very powerful support by huge institutions and hedge funds.
This is a great opportunity for a swing trade in the future!
Look at my ideas about Bitcoin and crypto's total market cap in the related section down below.
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Does Gold doing wave C? part 2According to the previous idea, After the price reached 138.2% of a, The price makes a reversal pattern on TF4H (plus MACD doing bullish divergence in TF1H), So I decide to enter the 1st Buy position. (For now moving SL in front of EP, Risk = 0), To enter the 2nd position, Waiting for the price action around the end of wave b (Continue pattern, plus bullish divergence in a smaller time frame like 15m to 1H or wait for a breakout), About the bigger time frame If price going as analyzed, The target will be around 1771$ and should be reach around 15 to 22 November.
OANDA:XAUUSD
✅Crypto - 2014 trendline is holding, open your eyes!
This is technical analysis; I don't care about interest rates or fundamentals! Leave this analysis if you care about wars, covid, inflation, interest rates, and so on.
95% of people will never buy at the bottom and never sell at the top.
These people will tell you we will go to 13k. When we reach 13k they will tell you we will go to 10k. When we reach 10k they will tell you we will go to 6k. When we reach 6k they will tell you we will go to 3k. When we reach 3k they will tell you they will buy at 1k and so on. These people will never buy during the bear market; they will buy at the top instead!
As you can see, the chart is extremely bullish. If you don't see it, then you are probably shorting support and longing resistance all the time.
This is really not the best time to be bearish. If we drop below the main specific support, then I will quickly switch my overview on the market. There's nothing wrong with that.
I am not a permabull or permabear. You know me well; today I can be bullish, tomorrow I will be bearish, and in two days I will be extremely bullish again.
It doesn't matter if I am wrong and Bitcoin goes to 13k. I can be right only 50% of the time with RR 1:2 to be profitable. I take swing trades with RR 1:20.
I think 2023 will be a very bullish year for the crypto market, but you need to hold good coins. Forget about ADA, SOL, XRP, DOT......These coins will pump, but not next year.
If you are bearish, tell me why in the comment section down below!
Which coin do you want me to analyze? Let me know in the comment section!
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✅LDO - This altcoin is ready to fly!
Everyone is waiting for trade setups like this! LDO is a very promising altcoin and I will tell you why in this analysis.
As you can see, the price is moving in an ascending parallel channel. This channel currently has only 3 touches, so it's brand new.
inside the parallel channel, there is a bullish flag that is currently breaking out! It's definitely a great time to buy right now!
The uptrend started with a strong impulse wave, which is a great indication of strength. Wave 2 has been completed successfully as an ABC ZigZag and we have already started a third wave to the upside!
The profit target is at 1:1 FIB extension LOG / 2.618 FIB LINEAR or the top of the parallel channel on the LOG scale.
Lido is a liquid staking solution for Ethereum. Lido lets users stake their ETH with no minimum deposits or maintaining of infrastructure - whilst participating in on-chain activities, e.g. lending, to compound returns.
If you bought this altcoin or if you want to buy this altcoin, then comment on this idea!
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Expanded Flat Correction Soon or Longer Accum Phase FirstThere have been two bull runs so far for HBAR, each forming higher levels of support above its previous lows. It appears to be consolidating above the area of the first run; similar to how it consolidated above its original lows before the 2nd run. Trend-based fib extension also has the chart consolidating above the 1.618 fib of what could be an expanded flat correction, which I've posted about previously (linked below under related ideas).
This chart shows two theories about that:
1.) a bull run soon from a typical expanded flat correction - everything appears lined up for that, and it has broken its 3-day downtrend, but is still missing the volume spike needed for that run
2.) without that volume spike soon, there may be a 3rd and longer accumulation phase that drags out to some date prior to the 2024 btc halving
Note that the last two runs also had long and longer accum phases as well. Either is possible, and there still hasn't been a strong test of support since initially getting here, which could also be a possible trigger for the spike that is needed.
✅Bitcoin - You must see this!
Bitcoin is the beast! Did you see that green dildo on DOGE? This is what is going to happen with Bitcoin, so hit the like/boost button if you want this scenario right now!
Doge is a great indicator that the bottom of Bitcoin is in and extremely bullish November starts in just 2 days.
If we maintain this parallel channel, Bitcoin could reach $23,000 USDT next week. No problem at all.
As per my Elliott Wave analysis, we have plenty of room to go to the upside because the impulsive structure is probably incomplete.
If you are bearish, comment on this idea to share your opinion!
The stock market can continue to drop while Bitcoin can go up. I don't see any issue with that. But the bottom of the stock market could be in as well.
Bitcoin may never fall below 20k again. But the price is still very cheap and very good for an investment with a great risk-to-reward ratio.
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PolkaDot - A huge breakout or a trap?
Please do not buy DOT. There are many, many better coins. This analysis is for you if you want to get out of DOT or if you want to buy DOT.
This altcoin looks really bad. I would not buy it. But, it looks like we will have a relief uptrend.
I think we can definitely reach at least the 0.382 FIB retracement of this downtrend wave. This wave should be completed and we are looking for a bullish correction.
We have a descending parallel channel that has been destroyed by the bulls recently. So the bears should pause for a while.
As per my Elliott Wave analysis, there is an impulse wave, which is a great sign of weakness. This is probably not the bottom!
I expect a huge bear market after the retracement, so be careful with this altcoin.
Look at my ideas about APT, ETH, BTC, and inflation in the related section down below.
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❌APT Aptos - Be careful, do not buy this coin!
I see multiple warning signs on this chart. It looks like a lot of traders bought this coin on the spot market and also longed this coin on the futures market to get rekt.
The price action is absolutely bearish on the APT coin. I strongly suggest staying away from this altcoin. You can probably buy it at 1 USDT later!
The bulls failed to do an impulse wave, which is a disaster. Also, we can spot a triangle, which you do not want to see at all if you are a bull.
From the fundamentals perspective, APT is likely a great coin. That's why I recommend buying APT at much lower prices.
This is just a quick update on this coin and my opinion.
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✅Ethereum - No one is talking about this!
It's been 41 days since the merge. If Ethereum was still on PoW, there would be up to 488,000 ETH that miners would be able to dump into the market. Instead, net issuance is only 1,300 ETH since merge and stakers can't sell any of that yet! This is absolutely bullish.
Hit the like button if you didn't know that, because no one is talking about it!
As you can see on the chart, there is an ascending parallel channel, which is really great for a potential profit target or a sell short opportunity. This channel is on the LOG scale, but you can also draw it on the linear scale. Both are valid, unfortunately.
According to my Elliott Wave analysis, a previous extremely strong impulse wave gives us a great chance for a new swing high! Also, the correction has been clearly completed as a double ZigZag.
The price is above the blue trendline and do not be fooled. This trendline is much longer than you can see on the chart, but I am unable to show you on this daily timeframe.
It looks like November will be very bullish for the crypto market, which is really great, isn't it?
Look at my ideas about Bitcoin and 0% inflation in the related section down below!
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✅Bitcoin - Last chance to buy under 20k!
This is your last chance to buy Bitcoin below 20,000 USDT before it explodes to new all-time highs!
An inverse head and shoulders pattern is currently breaking out! The price is above the neckline, and you could wake up to a massive green dildo on the chart any day now.
If you are pumped, hit the like button right now!
Don't forget that November is the second strongest month for Bitcoin, with an average return of +21%.
The Elliott Wave is currently extremely bullish because we have completed an ABC correction for a previous impulsive wave and now we are preparing for a third impulse wave, which is usually the strongest.
If you are bearish, then comment on this idea!
The next stop is 30,600 USDT, which is a reasonable resistance. It is the head and shoulders measurement target + the previous symmetrical triangle point of control (POC). I expect a temporary downtrend from this level.
Inflation is on the way to 0% in a few years, as per my previous analysis, which you must check out in the related ideas down below!
We can hit a new all-time high next year. It's definitely a possible scenario, so you don't want to miss this upcoming huge move.
If you think this idea is interesting, then you should hit the like/boost button. Thank you!
Bitcoin - You haven't seen this before! (secret)
You haven't seen this inverse head and shoulders pattern before! The price of bitcoin is going sideways, so I had to do more research and find something new.
30400 USDT is a profit target for the Head and Shoulders pattern, which is strong resistance. It's the measurement target of the HaS + previous symmetrical triangle point of control (POC).
The 5–10-year bear market is not confirmed yet, so do not fall for it! First, the bears need to break the 17500 USDT level to confirm this scenario.
The stock market is crashing like crazy, but Bitcoin is extremely durable. So good, right? Or so bad, if you are in a short position.
As per my Elliott Wave analysis, we have started the uptrend with an impulsive structure (9 waves), which is definitely a great sign, because 5-9-13-17 waves are impulsive, while 3-7-11-15 are corrective structures. An ABC correction of the previous impulse has also been completed successfully.
Is this inverse head and shoulders pattern the last hope for the bulls? I think so.
Is this the last time we can purchase bitcoin for less than $20,000 USDT? Not sci-fi.
Is a 5–10 year crypto winter possible for the crypto market? If we break below the 17500 USDT level, then yes.
Is it possible to get 3000 USDT per bitcoin? If we break below the 17500 USDT level, then it's actually very possible.
Is Bitcoin a Ponzi? Yes!
I expect tremendous gains for selected altcoins. You can find them in the related section down below.
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0% Inflation very soon?United States Inflation Rate, Year-over-Year, 1914-2022 chart
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Why do I think inflation will go down to 0%?
Inflation is currently at the main trendline (established in 1920). This is a very strong resistance, and as a general rule, do not short a support or long a resistance. In other words, you don't want to speculate on inflation increasing when inflation is at its critical point. FED cares about their charts, and they also want the charts to look great. That's why they will push inflation down.
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Why the Inflation Rate Matter?
The inflation rate demonstrates the health of a country's economy. It is a measurement tool used by a country's central bank, economists, and government officials to gauge whether action is needed to keep an economy healthy. That's when businesses are producing, consumers are spending, and supply and demand are as close to equilibrium as possible.
A healthy rate of inflation is good for both consumers and businesses. During deflation, consumers hold on to their cash because the goods will be cheaper tomorrow. Businesses lose money, cutting costs by reducing pay or employment. That happened during the subprime housing crisis.
In galloping inflation, consumers spend now before prices rise tomorrow. That artificially increases demand. Businesses raise prices because they can, as inflation spirals out of control.
When inflation is steady, at around 2%, the economy is more or less as stable as it can get. Consumers are buying what businesses are selling.
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How is inflation measured?
There are several ways to measure inflation, but the U.S. Bureau of Labor Statistics uses the consumer price index. The CPI aggregates price data from 23,000 businesses and 80,000 consumer goods to determine how much prices have changed in a given period of time. If the CPI rises by 3% year over year, for example, then the inflation rate is 3%. The Fed, on the other hand, relies on the price index for personal consumption expenditures (PCE). This index gives more weight to items such as healthcare costs.
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How do you hedge against inflation?
Because inflation causes money to lose value over time, hedging against it is an important part of any sound investing strategy. Investors use a diversified portfolio with a variety of asset types to offset inflation and ensure that the overall growth of their portfolio outpaces it.
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YEAR - INFLATION RATE YOY - FED FUNDS RATE - BUSINESS CYCLE (GDP GROWTH) - EVENTS AFFECTING INFLATION
1929 0.6% NA August peak Market crash
1930 -6.4% NA Contraction (-8.5%) Smoot-Hawley
1931 -9.3% NA Contraction (-6.4%) Dust Bowl
1932 -10.3% NA Contraction (-12.9%) Hoover tax hikes
1933 0.8% NA Contraction ended in March (-1.2%) FDR's New Deal
1934 1.5% NA Expansion (10.8%) U.S. debt rose
1935 3.0% NA Expansion (8.9%) Social Security
1936 1.4% NA Expansion (12.9%) FDR tax hikes
1937 2.9% NA Expansion peaked in May (5.1%) Depression resumes
1938 -2.8% NA Contraction ended in June (-3.3%) Depression ended
1939 0.0% NA Expansion (8.0% Dust Bowl ended
1940 0.7% NA Expansion (8.8%) Defense increased
1941 9.9% NA Expansion (17.7%) Pearl Harbor
1942 9.0% NA Expansion (18.9%) Defense spending
1943 3.0% NA Expansion (17.0%) Defense spending
1944 2.3% NA Expansion (8.0%) Bretton Woods
1945 2.2% NA Feb. peak, Oct. trough (-1.0%) Truman ended WWII
1946 18.1% NA Expansion (-11.6%) Budget cuts
1947 8.8% NA Expansion (-1.1%) Cold War spending
1948 3.0% NA Nov. peak (4.1%)
1949 -2.1% NA Oct trough (-0.6%) Fair Deal, NATO
1950 5.9% NA Expansion (8.7%) Korean War
1951 6.0% NA Expansion (8.0%)
1952 0.8% NA Expansion (4.1%)
1953 0.7% NA July peak (4.7%) Eisenhower ended Korean War
1954 -0.7% 1.25% May trough (-0.6%) Dow returned to 1929 high
1955 0.4% 2.50% Expansion (7.1%)
1956 3.0% 3.00% Expansion (2.1%)
1957 2.9% 3.00% Aug. peak (2.1%) Recession
1958 1.8% 2.50% April trough (-0.7%) Recession ended
1959 1.7% 4.00% Expansion (6.9%) Fed raised rates
1960 1.4% 2.00% April peak (2.6%) Recession
1961 0.7% 2.25% Feb. trough (2.6%) JFK's deficit spending ended recession
1962 1.3% 3.00% Expansion (6.1%)
1963 1.6% 3.5% Expansion (4.4%)
1964 1.0% 3.75% Expansion (5.8%) LBJ Medicare, Medicaid
1965 1.9% 4.25% Expansion (6.5%)
1966 3.5% 5.50% Expansion (6.6%) Vietnam War
1967 3.0% 4.50% Expansion (2.7%)
1968 4.7% 6.00% Expansion (4.9%) Moon landing
1969 6.2% 9.00% Dec. peak (3.1%) Nixon took office
1970 5.6% 5.00% Nov. trough (0.2%) Recession
1971 3.3% 5.00% Expansion (3.3%) Wage-price controls
1972 3.4% 5.75% Expansion (5.3%) Stagflation
1973 8.7% 9.00% Nov. peak (5.6%) End of gold standard
1974 12.3% 8.00% Contraction (-0.5%) Watergate
1975 6.9% 4.75% March trough (-0.2%) Stop-gap monetary policy confused businesses and kept prices high
1976 4.9% 4.75% Expansion (5.4%)
1977 6.7% 6.50% Expansion (4.6%)
1978 9.0% 10.00% Expansion (5.5%)
1979 13.3% 12.00% Expansion (3.2%)
1980 12.5% 18.00% Jan. peak (-0.3%) Recession
1981 8.9% 12.00% July trough (2.5%) Reagan tax cut
1982 3.8% 8.50% November (-1.8%) Recession ended
1983 3.8% 9.25% Expansion (4.6%) Military spending
1984 3.9% 8.25% Expansion (7.2%)
1985 3.8% 7.75% Expansion (4.2%)
1986 1.1% 6.00% Expansion (3.5%) Tax cut
1987 4.4% 6.75% Expansion (3.5%) Black Monday crash
1988 4.4% 9.75% Expansion (4.2%) Fed raised rates
1989 4.6% 8.25% Expansion (3.7%) S&L Crisis
1990 6.1% 7.00% July peak (1.9%) Recession
1991 3.1% 4.00% Mar trough (-0.1%) Fed lowered rates
1992 2.9% 3.00% Expansion (3.5%) NAFTA drafted
1993 2.7% 3.00% Expansion (2.8%) Balanced Budget Act
1994 2.7% 5.50% Expansion (4.0%)
1995 2.5% 5.50% Expansion (2.7%)
1996 3.3% 5.25% Expansion (3.8%) Welfare reform
1997 1.7% 5.50% Expansion (4.4%) Fed raised rates
1998 1.6% 4.75% Expansion (4.5%) LTCM crisis
1999 2.7% 5.50% Expansion (4.8%) Glass-Steagall repealed
2000 3.4% 6.50% Expansion (4.1%) Tech bubble burst
2001 1.6% 1.75% March peak, Nov. trough (1.0%) Bush tax cut, 9/11 attacks
2002 2.4% 1.25% Expansion (1.7%) War on Terror
2003 1.9% 1.00% Expansion (2.9%) JGTRRA
2004 3.3% 2.25% Expansion (3.8%)
2005 3.4% 4.25% Expansion (3.5%) Katrina, Bankruptcy Act
2006 2.5% 5.25% Expansion (2.9%)
2007 4.1% 4.25% Dec peak (1.9%) Bank crisis
2008 0.1% 0.25% Contraction (-0.1%) Financial crisis
2009 2.7% 0.25% June trough (-2.5%) ARRA
2010 1.5% 0.25% Expansion (2.6%) ACA, Dodd-Frank Act
2011 3.0% 0.25% Expansion (1.6%) Debt ceiling crisis
2012 1.7% 0.25% Expansion (2.2%)
2013 1.5% 0.25% Expansion (1.8%) Government shutdown. Sequestration
2014 0.8% 0.25% Expansion (2.5%) QE ends
2015 0.7% 0.50% Expansion (3.1%) Deflation in oil and gas prices
2016 2.1% 0.75% Expansion (1.7%)
2017 2.1% 1.50% Expansion (2.3%)
2018 1.9% 2.50% Expansion (3.0%)
2019 2.3% 1.75% Expansion (2.2%)
2020 1.4% 0.25% Contraction (-3.4%) COVID-19
2021 7.0% 0.25% Expansion (5.9%) COVID-19
2022 8.3% 3.25% Contraction (-1.6%) As of Sept. 21. 2022
2023 2.7% (est.) 2.8% (est.) Expansion (2.2%) March 2022 projection