Hi everyone, We could be getting ready for 20K re-test at some point in Q1 20221. In an extreme panic sell scenario, the lowest I can see price coming down to is the $16K level, which would not last long. We are currently watching to see if these fib extension levels can hold. We see the 1.414 and 1.272 battling it out here. If 1.272 cannot hold ($30k) we should...
I am expecting so see a 25 - 30% correction off of these levels towards $15 and hopefully $13K. I think Q1 2021 will be our last chance to stack before parabolic run to 6 figures. Any chance to buy the weekly 20 MA test will get snatched up quickly. Gotta love these crypto markets, best of luck!
Watch the weekly moving averages!
As BTC tests 20K levels, we are looking for this previous ath to come in as hard resistance initially. The TD indicator flashing a green 9 on the weekly time frame, suggesting the end of the bullish weekly count. RSI is over 80% buyers, stretching out the 2 st. deviations on this indicator - suggesting overbought. Ghost bars from 2015-2017 market cycle layered on...
Chainlink pulled back off August highs into the 38.2 fib retracement, and has now rallied back to the 61.8 - a good indication that we are in re-accumulation phase. We also see the weekly 20 MA respect, as the September recovery is tracking the exact same angle, and not one weekly close below it. This is the very beginning folks, stay tuned.
Fib time zones suggest bulls will be in control for the next 6 months - targeting previous ath ~$1,000 by June 2021, if not much higher ~$5K in optimistic scenario. EMA ribbon just starting to open up, with lots of support between $250 and $350. Once we can clear this major 78.6 fib it's game on. All the best.
Here it is folks - the blow off top forecast in the (VERY LIKELY) scenario that Trump wins the 2020 US election. The TA is forecasting one more ramp-up trend, as we ride these weekly moving averages towards the 4.618 fib extension level; 20,000 points on the NASDAQ. This will feel like hyperinflation economy, as the dollar melts up and begins transition into a...
I am anticipating a red month of October, and potentially red Q4 close as well. high 7's - low 8's would be bottom in this case. Then get ready for Q1- Q4 of 2021 to heat up, as we make the run up to test previous ATH, and likely soar to new heights. stock to flow and Bitcoin production cost indicators on chart. Hash rate on top.
Epic descending wedge could be in the makings here.. Expecting one more drop into the $50 range then rally to $200 as descending wedge pattern completes. Timing for the upside breakout ~ Q1 2021. Lets watch.
Enjoy the ride! see below publications:
If yo don't see why gold, silver, and other REAL assets will be extremely bullish in the next decade, you must be sleeping. I don't have time to explain the 100+ reasons why the current global fiat monetary system will fail within the next 10 years.. but if you are interested, her is a good place to start your education: www.youtube.com The fundamental reasons...
Hi Traders, I have just added to my long position in Kinross Gold Corp. This is my Favorite stock for a bullish gold market in the new decade. If gold makes the rally to previous ATH ($2,000) (+30%) ...this stock could easily double. Lots of TA confluence pointing to overhead targets. Entry below $5.00 should be good. I will be looking to take profit between...
We are witnessing the final stages of a fiat currency cycle, and will be entering into a new one. If you can interpret what this chart means, hit thumbs up. See related idea below and subscribe.
Hi Guys, I hope you can see that It is not too late to start accumulating here - I am anticipating this rally to continue leading up the halvening, followed by a brief cool off period, then ATH test, then moon. I See two high probability scenarios playing out - outlined in blue and yellow. I expect these fib levels to see some action, as we have already seen...
Hi Traders, Monero is one of the most technically sound charts out there. I love respect these traders give to trendlines, fibbs, moving averages and structure breaks. The symmetry in this chart is a thing of beauty, and I expect it to continue going into the future. I also think Monero is very undervalued relative to bitcoin right now, and the pumps we have...
Hi Traders, I think this is a great time to add to BTC long position. We are very close to breaking lose of this descending channel on the weekly, and the daily timefreame is already flirting with a potential re-test. The Halvening is only 4 months away, at which point supply side gets cut in half, and daily buyside support cuts from $100 million to $50 million...
I see a big decision time approaching for gold, In a scenario where global growth concerns continue, geopolitical tensions rise, and the fed loses control of monetary policy (i.e raising interest rates), gold could break-out massive and continue its ripping bull run which began in 2000 (dot com bubble) best of luck, hit thumbs up.
Hi Traders, You can TA the shit out of this chart if you really wanted to... look at the elliot wave count... moving averages, oscillators ect... its all a thing of beauty....but it basically boils down to this symmetrical triangle structure, in combination with fib price and fib time retracements - how the decision times line up perfectly with the halvening...