chimera_brendo

chimera_brendo

This was a forecast I drew up back in early 2021 when my thesis of an 'early rate hike' was being dismissed by every financial expert I knew. Now, 2-3 years later after a incredible and rapid increase of cash rates to pull back the excess fiat in the system, there is increasing chance of even greater fiat printing. I still believe Gold will extend much higher...

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TLDR; Gold may soon (fake) down -20%, before kicking off a longer term bull run. Ok, let me be clear here...I'm not a financial advisor, and these are my opinions only...so take everything I say here as educational in nature only. However hear me out before you call me an 'idiot', and let me explain my reasoning behind my statement. To begin, let's ask the...

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Purely from a TA perspective, MAN looks like it is nearing the end of an accumulation campaign. Just my opinion, NFA. Could be wrong, but will be interesting to see how this moves forward.

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My outlook on BTC and where/when it will reach my estimate price targets.

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Why I think BTC will fall further to $7,500. (ETH will most likely fall with it) 1. Long term support trends 'extension' resides around $7,500 2. Bear flags 1 & 3 ( flagpole #2 and flagpole #4) price estimates consolidate at the long term support trend area around $7,500 3. Elliott Correction Wave C started at the November 2021 peak, and the 5-wave impulse that...

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Just an observation... This is an overlay of Apples stock price during the 1998-2000 bull run and subsequent crash resulting in a ~80% loss in value. I find it striking how similar they are, and how the end result will adhere remarkably well to, Elliott Wave, Wyckoff and Gann theories. Given the financial status of America, and the current lack luster of Apple's...

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Let me start by stating I am no professional trader, or financial advisor, so my statements below are my personal opinions only. I strongly encourage everyone to challenge my theory with constructive criticism in the comments below. The 100-BTC.D Daily chart is printing a larger Bullish Pennant, indicating weakness in BTC dominance, and potentially indicating a...

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CAN is printing a Broadening Bottom Megaphone pattern on the CAN daily chart; the RSI looks to be increasing on the price lows indicating increased momentum. Zooming out it also looks like an accumulation pattern has been forming over the past several months. The megaphone may work as the "Spring / Test" stages for Phase C if it plays out and bring the price back...

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Just an observation, $ETH price is moving the same pattern as $BTC.

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BET is following almost exactly the price movements it made in 2017 before a massive 80% crash. A possible Risky 50% gain on the final UTAD stage before price depreciation.

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This is how I believe the estimates for an ETH $13,000 were conceived... Similar to $BTCs 'repeating fractal Wyckoff pattern', there is a thesis that ETH is also following a repeating fractal pattern of its own. The tops of the pattern form the base for the extension into the next larger fractal. ( I've highlighted these fractal pattern tops in blue rectangles...

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Okay, who left their algo running on repeat? The yellow pattern is a literal copy/paste of the blue pattern, and it fits over the recent price movement almost exactly. Dear Shepard, please lead me to my MoonLambo :D (just a fun observation)

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Although I am long term bullish on this stock, the weekly chart there seems to be some signs of weakness in momentum. Peaks are showing spinning top candles while RSI is making lower highs and lower lows; if we have a similar pullback to the previous two peaks, we may come back into a high supply zone around 0.150$ - 0.160$, which would create a new 'higher low'....

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The Bitcoin trading pattern is one insane fractal Wyckoff accumulation pattern. Insite one pattern is another the same, and again...if I keep zooming in maybe i'll eventually find Leonardo DiCaprio in InCeption.

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just a bit of fun, not financial advance

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How can these two stonks move so closely together?

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Well, further to my previous (correct) prediction of a ~40% correction, I personally, I don't believe it's quit done yet. As always, I could be wrong, or slightly out from my projection, but I do think we'll see a small rally before we continue down to the $8 - $10 area. Smarter traders than me could skim 50%+ gains from this small impulse before the next leg...

chimera_brendo Updated 

ADA's price has reached a new ATH while MACD is around 0.1 and RSI is overbought. Each time ADA's price has peaked in the past (on the 4HR chart) with the same MADC/RSI condition, the price has corrected by ~30% not long after. That being said, this could also be the first major impulse of the next bull cycle... only time will tell.