If EWT plays out as depicted the timeframe should adhere to it within this year 2024. End of wave 5 before November '24 Current retrace could be close to completed as we wicked to the .618 retrace on the shorter timeframe (start of impulse 1 base $3.8 to $44) with .702 being the final target ($8 if we get there) Wave 3 target could be either within 61-88 (97)...
Text describes my view on the current situation, TLDR $35 coming by march with TP targets shown on blue elliot wave The triangle breakout and retest shows that new momentum could be returning if we can confirm the lower high structure The move to $44 resembles a leverage liquidation event and for the time being I believe we will start clawing back the gains...
Pendulum First Idea on Tradingview Only listed on MEXC at time of writing MCAP of 2.8m only FDV 18m Coming weeks could see .40 - .45 .75 - .85 % and targets posted NFA DYOR Im am buying heavily DOT ecosystem DEFI play Gavin wood at major dubai token2049 conference next month should align with some pumpamental news that could rip this one much higher
Simple analysis on current market structure tells me the following Elliot Wave 1 breakout was quite enormous and if it is to adhere to elliot wave theory and if the interpretation is correct, the following wave 3 can't be the shortest of the 3 impulses (1,3,5). Thus the following can be said... Wave 3 has a minimal target of the yellow overhead horizontal line...
Aside from the massive fundamental bullishness going on within the DOT ecosystem (DED airdrop Coretime DOT2.0) The chart is looking juicy Conservative targets are listed moving into august of 2024 All 3 waves representing similar % moves from the anticipated lows 170% + in each upward thrust TP's listed on chart For now conservative top at 44-47$ yes no new...
Based off of a significant retrace of over 98% setting new all time highs are unlikely and one should be targeting retraces only during the next cycle. My aim for this one is the range between 0.618 and 0.702 with possible overperformance of .786 which is : .60c .73c $1.0 Long from now can yield a x10 gain but better projects are available for similar to higher...
A rather unusual BTC.D chart to indicate ALT season Top 5 Stables by Mcap incl BTC.D to give what I call stable.D We can expect a 6-7% (of all these MCAPS) to flow into ALTS
Curious to see how this ages Been buying since 6$ but 4.08 looks like the low to me $7-7.7 mid term target. October 23
Time to look at my favourite altcoin and it's pretty dismal perfomance over the last year agaisnt BTC I've outlined my basic outlook on the weekly chart using candle stick closes and Log fibs. Coincidentally its touched the .886 retrace to the T. Typical sign of weak altcoins to retrace all the way back to the .886 level. I'm pretty confident the bottom for...
Comments on page Follow up from DOT/BTC idea
Price prediction based on confluence and BTC staying above 200W-MA 0.036c Confluence 1.618 fib extension Pattern extension meets 1.618 fib extension Fib retrace from ATH to 0.886 gives 0.03c also keeping an eye on this price for reaction
Update from the first idea Using LOG FIB drawn on Weekly chart from all time high to all time low we find confluence on the 0.5 and 0.618 when compared to the recent mid term swing high to low. 1.272 and 1.618 (aug '22) Also RSI on weekly chart looks very bullish. Strong support and bounce with continuation likely in the coming weeks and months. Targets posted...
Basic idea following non log chart for a change Some patterns identifying themselves. Falling wedge Descending triangle Bottom support (although 20 sats could be another leg down) Upside risk to reward far outweighs the downside Expecting at least a retrace to the 0.786 as per chart I'm still holding my bags
Looking at a possible repeat from previous price action. Going off Fib lines it was seen that link retested the high before retracing to the 0.618 golden pocket before reaching for the 1.272 / 1.414 Thereafter retracing to the prior 0.886 and then reaching for the 1.618 followed by a retrace to the 1.272 just mentioned. ultimate target just shy of the 2.0 fib...
Simple long term fibs with expected TP targets in 2021 Can't say the time frame however with the long base we've been building we can anticipate an equally long chase Macro target of 20usd I will exit last of my position TP's on the chart
following original idea posted earlier gravitating price action toward .618 and finding support above previous 0.5 retrace
Simple idea going into 2022 for Marlin aka POND BTC TP on chart .618 1.272 1.618 2.0 fib extensions
Following The DOT polkadot news on parachains next month I foresee good growth on the ecosystem and related projects On the chart I put some notes with some ideas regarding resistance levels and targets. Purple ascending channel nicely showing the uptrend continuation as well as fib retracements and extensions in confluence White trend line also just for...