I have added my personal bear targets with the month/year until our next higher high. These are all the most bearish/sluggish cases for the tier, so the time should range from the previous; 1-2, 2-3, 3-4 * In the worst scenario (4) we will hit the old high in late 2023. *So for example if Bitcoin ranging between tier 1 and 2 would mean that it would hit the...
Bitcoin has broken major lifetime support trends, which was always my worst case scenario. It seems like the bottom is 1300, but with the CB always intervening in the market with their plunge protection team (they've been papering over a deep recession since 2008), it may not go that low. Bitcoin was a product of the last stock market rally, so it stands to reason...
On Feb 3rd I called a top at around $800. I think it is confirmed that Tesla's rally is well over as it broke the parabolic curve and now is in a bear market. I would set a buy order at about $375 at the bottom for a full correction, or $430 just in case it doesn't drop that low. Please don't take my idea as financial advice - I'm just a random jerk on Trading View.
Chainlink has hit an important channel support. The overall trend is quite bullish, but should it break down from this channel, and especially the fib zone beneath it, it will likely correct lower. If it follows this bullish channel up, and breaks out, then it will likely continue the bullrun. You can seem the links of my past Link analysis. I'm doing these...
I've been following Chainlink for a while and wanted to post this update. It is once again approaching a key crossing zone where it will either breakdown or resume the bullrun. You can see by the chart where the resistance and support are meeting. I don't know if it will breakdown or break out, but a move will likely happen soon. If it falls below that blue...
We're coming up on a key crossing point where Links gravity-defying powerful bull trend meets key resistance after a correction in an overall bear market with BTC on the brink of its own plunge. Link has had so much momentum while the rest of the crypto space sinks, but still Link is correlated to BTC and does echo its larger moves. Link has just corrected but...
It looks really bullish to me. We've already bottomed out and reversed in June. An unlikely breakdown to 4800 would be a flashcrash caused by a whale that would instantly reverse; the crypto space is evolving and strengthening and all the panic selling is over. I think we will start seeing significant and irreversible upward momentum in early November once the SEC...
This is my guess for BTC on the daily chart barring any major manipulation. We're probably going to drag the bottom a little longer before seeing upward momentum in early Nov. Less likely is that it breaks down and we may have to wait until Feb. Constructive criticism welcome. =) PS You probably shouldn't listen to me at all. I literally have no idea what I'm...