If nothing unprecedented threats the industry XRP can be one of those cryptos of the future which has a high potential. Some have set targets that seems to be far too high and please remember that in such a case governments will have to make serious decisions. Then, as I have mentioned before we need to consider several things at the same time: 1. PESTEL Analysis...
Short it toward 0.109 USD (-3.30%). Do not forget stop loss & do not leverage it too much. Not a financial advice.
The Chart is LOGARITHMIC. For those of my dear followers who might be less familiar with Exponential & Logarithmic Functions in Mathematics, you would better know that this is going to work. Inversion of an Exponential Function is Logarithmic & vice versa. What is really the use of such math in the real world? * Logarithmic Scale is used when: Price Growth is...
1. Doge is heading down now. 2. If "weekly" wave counting is correct, then based on the Elliots & one of my previous analyses. 3. It's mid-term target seems to be at least 2.34 USD. 4. It's longer-term target has to be considered in monthly time frame. 5. A 60 - 80 % correction is expected now. 6. The chart is logarithmic. 7. When I say one needs to set...
I see $15 during the next 60 - 90 days coming.
Chart is self-explanatory guys.
Most of the time I do not only consider Technicals, but I also address Fundamentals & News of which I want to say which analysis has been seen differently & not only Technically and/or Fundamentally: 1. DOGE: I signaled it technically first. Then I realized that Elon is behind it! :-) Just Wait & Harvest your crop! Be patient ENOUGH! 2. BTT: I signaled it...
Long it toward 8.75. Do not forget stop loss.
Conservatively reasoning , following a 2-year downturn I prefer to set targets that match not more than 3 - 5X higher than he previous ATH. Strategically, I need to cash "gradually" as follows: 1. Twice the price of the last ATH : 50% cash out 2. Triple the price of the last ATH : 80% 3. Five times higher in case it is achieved: 90% 4. Fundamentally; if a...
If such a target is going to happen which is quite possible during a bull run, then a target market cap of $16.722 B is expected. 1. We need to not only consider the technicals, but we have to address the total market ecology & statistics. For example, you can check the following website on the growth rate of "New Blockchain Wallets": www.statista.com 2. Also,...
This living being is now a 12-13 year old teenager. How many times we thought to ourselves that: "How in any world an encrypted virtual number can be of any value?!" The time passed by & against all adversaries & being condemned to be destined to death and many considering it as a the most ridiculous property ever, now see how engaged we are all with it?! I...
12345 + Cypher Pattern = TP 7.27 SL: -5%
1. One important way to "technically" estimated, or predict a future potential growth is to find patterns that work in "many" cases of which I have chosen RSI (2). This formation with it can be considered of such kind. 2. Please check the "Growth Angle" always. The sharper the growth angle the sharper the downturn will be. This happens in financial markets and it...
Can you really believe how far DOGE-ELON, or ELONDOGE (a funny "word-caricature") can go? 1st TP: $0.09 2nd TP: $0.17 SL: -5 - 10% Let's see how it goes?! Who really knows what the future bears with it?! ;-)
1. If monthly Elliots are to be correct, then a 4th wave has been made up now. 2. We may have to wait for it to make another bottom which is either even or higher. Right? Then it can be a rigid ground to buy. 3. Now what can we do since monthly RSI (14) is so close to a well-funded support? I prefer to buy one-third or half of the money I have at the...
TRX Weekly: Chart is self-explanatory. Yet, Look at Elliots, important Dynamic & Static S&Rs - Price Cannels & SRSI. Weekly SRSI not gone overbought yet.
The market has gone bullish again while Bitcoin is cooling off. Weekly Elliot Waves Analysis is implicating that we are halfway up toward the end of the 3rd impulsive wave. Price has been channelized as shown. Reactions to Dynamic-Static S&Rs have been shown. If you have checked my previous analysis on EOS I have mentioned that an upward breakout has happened....