One of the strongest communities out there, a truly unique meme, $MOG will fly this cycle.. a minimum of 20x from here loading.. It could run harder and higher then that, but for now, this is the major target I have my eyes set on. 🫵😹
Bears are crapping their pants, every 2nd person calling for 50k next.. the war scaring them.. after getting obliterated on their alt positions they're still thinking lower is in play... OI flush already occurred. We are going up from here.. halving countdown tick tock.. This is a typical Wyckoff reaccumulation range and occurring within the macro golden pocket...
Updated projection based off today's price action. Rough guess as to how the cycle will play out. Price could get a lot higher but definitely think 100k is a major level to be cautious at.
Bonk looks to be bottomed out here, market structure has turned bullish. I could at the very least see this retrace to the 786 level.. if it can break previous highs the 0.05 is my next price target.
Brace yourselves, crypto sorcerers, as we're about to witness a breakout more ferocious than Sonic the Hedgehog's legendary spin attack in the realm of "Harry Potter Sonic Obama 10 Inu Coin." Get ready for a technical analysis that's as wild as a hippogriff ride and as thrilling as a showdown in the Forbidden Forest. In the cryptic tapestry of charts, a pennant...
I think bitcoin runs up to take the highs into the "institutional" golden pocket (using candle bodies on HTF to measure).. A lot of confluence and resistance ahead. Good time to get cautious when that price is tapped.
Most recent sell off is reminiscent of the FTX dump late 2022.. similar volume sell off/liquidation cascade... Almost every popular "trader" on twitter calling for lower prices, which could very well happen. I see two scenarios.. the fractal outlined on the chart where price chops sideways towards Q4 then spikes higher and finally breaks out of the multi year...
Don't let the "fundamentals" mess with your head.. NDX has another 36% climb ahead of it, before it's next serious correction... I called the bottom of this correction quite accurately (In fact, I called it but 4 days in advance to my predicted date it bottomed... This is a text book bull flag with a measured move to the 161.8 Perfect technical...
This is my current thesis based on Fib Time/Fib Speed Fan/Horizontal Fibs. I've been wrong many times before but I think this is a very likely outcome. Everyone expecting a correction to 23k right now, which makes me think, squeeze higher before we visit 22-23k to backfill the CME gap. The last dip buying opportunity before the bull run gets warmed up in July...
Bitcoin has moved a bunch whilst these stocks lagged. A big divergence in price appreciation. NDX is bottoming out. So is the S&P.. as long as bitcoin holds price up here these stocks could easily run 150% - my prediction is 25$ before a pull back to 15
Bitcoin has moved a bunch whilst these stocks lagged. A big divergence in price appreciation. NDX is bottoming out. So is the S&P.. as long as bitcoin holds price up here these stocks could easily run 150% - my prediction is 27$ before a pull back to 14.50
Ascending channel, I could see a fake out into the golden pocket above to tap the 65% level, before retracing back through the channel and possible to the downside. This would create max liquidity from breakout buyers, and late longs on the way down. 33k seems likely in this case.
Simple Elliot Wave count here.. ABC correction into a gap + 0.382 fib forming a valid bull flag.. If this plays out, then SPX could see 5000 next year.. Only concern is NDX looks toppy ... that could drag the whole market down
A lot of technical confluence to suggest a bottom of this move on Monday the 6th. You have the 0.618 fib channel, 0.382 horizontal fib retracement, and 1.618 fib time-zone.
Push higher into 2400-2500 range seems likely to complete the 5th wave of this rally, then expecting pretty bearish outlook for most risk-assets in the later half of this year. I would expect a flush to fill the CME gap around 1400-1500$ area. BITSTAMP:ETHUSD Long for now..
S&P500 has a history of 50% retracements in uptrends.. We had 3 quarters of positive price action.. a 50% retrace isn't out of the ordinary for the indexes and based off this data, a further drop in the index of 2-3% seems inevitable.
Timescale Fibonacci helps you not only map by and see levels on the y axis, but also on the x-axis. Time cannot be ignored. The similarities so far are uncanny. 0.382 fib was the approximate top, previous cycle and this. This cycle BTC topped first on the 0.25 fib. Then the final higher-high of ~69,000$ on the 0.382 .. Bitcoin also bottomed out around the...
Wildly following this fractal quite closely, after bottoming around Jan. I doubt this plays out as it's too early in the cycle, and the target is a bit higher than I expect to hit (thinking closer to 120$ top).. Some hopium/copium for us enduring this bear market :)