Basic Chart Details: - Use the 50 MA - Use the 200 MA - Use 3 Day Chart BTC - Fibs are confirmation of bearish trend hitting targets. Theory - This is a bold call. I predict the collapse of the market coming once the 3 day MA's get closer. - Exact same scenrio happend in 2018. I hope to wrong. - Counter arguement would be that we go on rally from this point and...
Chart - BTC on the weekly timeframe. Weekly is not the strongest macro timeframe. Sometimes proves false signals. Dragonfly / Gravestone Doji - Highlighted in the green are the dragon fly doji's (recent signal doesn't close until Sunday) - Highlighted in the red are the gravestone doji's - Arguably the strongest significant Japanese Candle Stick for trend...
Finally some market structure... Bullish - Inflation happening in real time. Where will people store their money? - Web 3.0, Metaverse, NFT, DAO's, Country Adoption. - A,B,C,D,E Pattern Completion Bearish - Federal reserve implementing deflationary measures. Interest Rate to Increase. Higher tax. More Regulations. - A,B,C,D,E Pattern not bullish wave...
Get excited about this coin. - One of the best tokenomics in the market. - Current Supply 12,072,738.00 QNT / 14,612,493 QNT Max Supply - Just like Bitcoin QNT has limited amount of coins. - Simply econ 101. - When supply is maxed. Demand continous to grow. Price goes up exponentially. What is QNT? - New coin launched in late 2018. - Just reached major...
DXY - Historically DXY has been a inverse indicator to Bitcoin and every bull run that has happen. - In 2017 DXY took a massive down trend while BTC pumped. - In 2021 DXY took a massive down trend while BTC pumped. Chart - Textbook head & shoulders pattern playing out on the daily.
XRP Update - Counting on Bitcoin to continue wave 5 in this bull run. - XRP is poised to succeed within the correct mark conditions. Chart - Above we have empircal evidence on how xrp has behaved through rounds 1-4. (Elliot Waves not plotted) - XRP has cup and handle + flag patterned bullishly since it was created. Fundementals - Link attached to old chart -...
Traders if you have been wondering what is going on in the market. Hyper Inflation ... aka wave 4/5 - Hyper Inflation empirically happens very fast. - Research news about the current federal reserve situation. Chart - Double Bottom formation pattern. - For a double bottom formation to be complete it must first must make a higher low. - Second, make a higher...
Investing, truley believeing in a project. Transparency. Value. Thats how I describe Cardono 1 Eth = stake premieum 50% 1 Ada = stake discount 85% Bullisg scenerio. Hopium. Good coin to risk managemnt in a bear market. If this truley a bear market? Wave 5 hopium? ADA gave the best returns in the bull market. Quality token. #1 ADA Stake Coin #2 $Ankr #3...
The potential of the coin is amazing. We have a weekly stoch RSI cross forming. Weekly stoch RSI is a very powerful signal. ANKR current statistics - Ranked #97 - Already on Coinbase & Binance - Ankr marketcap is 750 Million - 6,996,232,711 out of 10,000,000,000 circulating supply Lets compare marketcaps... Vechain is worth $8 Billion Matic is worth $12...
What is Elliot Wave Theory? - Elliot Wave Theory is a theory that has five waves. 1 , 2 , 3 , 4 , 5 - Created in 1930's during one of the first US Bull Markets by Ralph Nelson Elliott - aka one of the most ancient trading philosophies of all time. It is very simple. 1/5 - Bottom Direct Accumulation 2/5 - Profits turned into downward buy back of bullish support...
WHY DOT - I believe we are entering the part of the bull run where market cap takes precedence over other analysis. - I believe Dot is in a perfect place at 35B entering the super cycle. - Dot gets compared to ETH very often. - ETH & DOT have one important thing in common from one another... TIME - ETH launched right before the last bull run. DOT launched right...
- ADA has been on a run for the ages. - Unbelievable news today has Coinbase opens up its doors to Cardono. - ADA has out performed every token in the crypto sphere for a good reason. - It has continued to show strong support and healthy consolidation. - It has been able to stay steady when the market sells off. - This has the legs & the leadership to go. Watch...
The time has come... It finally looks like XLM has some real potential coming. 1,2,3,4,5 --> A,B,C,D,E pattern has been a common theme for XLM this bull run If you look both indicators have a bottom posted that align with my Elliot Waves Pattern Theory Everything is lining up. Interstellar moon flight. Fuel is being loaded up. May take some time. 1-2 weeks....
Theory - What is "Binomial Jump Pattern" - In a book I read it speaks about how traders are able to use binomial functions to increase the likelihood of their margin trades. - I used the same analysis but applied it to spot trading. - This is a term I made up. - My theory is that if LTC keeps the same distribution pattern carried over into the next wave it will...
- Punch your ticket to the Ada express way. Things should get fun here. ;) - Look up the correlation between ADA & ETH & DOT
- I like to use history to predict future wave patterns. - I fully understand that it is very unlikely that history always repeats. - This chart took me five minutes to make. - The point is to point out that we are still early in this bull run. - I expect not the same wave patterns to play out. There is good probability it could look something like this. - This...
Why XLM? - Ever since XRP SEC hammer came down. I decided to move into its direct competitor XLM. - The news/fundamentals around this coin is great. - The main difference between XRP & XLM is centralization vs decentralized concepts. - I believe most hodlers will eventually move into xlm has delistings happen. Creating a movement. Chart Pattern - Above I drew a...
- This move doesn't always set up... but when it does it moons - Daily is not the strongest signal but, can give great depth on the short term prediction - With the MacD crossing bullish I expect a cross over that takes XRP hodlers very high up! - ADX historically has been able to bounce up a positive sloping trend line 7 times now - One debate I am currently...