googooboyy

googooboyy

So let's say that we were slightly wrong on the Third Wave target price of $21.4k from our previous forecast ' Keep this in your pocket: Oct 2021 will be a Bear market for BTC '. Third Waves typically show the strongest volume, as evident from past 48hrs of trading -- and this is exactly 3years from 17th DEC 2017's all-time highs. Coincidence much? This means...

googooboyy Updated 

Because it seems like its on a final hurrah, that mad-dash-sprint to the finish line, the last supper, the 11th hour.. the point being, that Bitcoin may have reached its Zenith for 2020. How apt that its the one shining knight in an investors army of assets for 2020, amidst all the doom and gloom that we have experienced collectively. But the way I see it,...

googooboyy

Not a disclaimer: It is a known trick that a glass of beer might help you digest this analysis much easier. Actual Disclaimer: This is purely a classic Elliot Wave analysis for bitcoin's macro view in 2021, for educational (and perhaps entertainment) purposes. Additional disclaimer: My Bear trend forecasts have been wrong before and I do not presume to...

googooboyy

We finally have confirmation that $ZIL is no longer in a Wave (2) counter-trend pullback, that seemed never ending for all Zilliqans out there. Much thanks to big brother Bitcoin's surge, $ZIL is now finally trading in a safe range where one can enter a trade and expect to go long. An Impulse Wave (3) may be expected to go higher than our target but $0.0252 is...

googooboyy

This isn't really a forecast or prediction, just a mere reflection of things for ZIl have played out in the last 7days.

googooboyy

Intermediate wave 5 is at least a month or two away, so until that happens, I anticipate a pullback/corrective wave underway -- especially if BTC moves back under $15k (fib retracement 0.146). Also to note that Elliot Wave shows BTC is underway on a Primary Wave III uptrend, so a diagonal wave is unlikely -- which indicates that BTC's support level of...

googooboyy

..Is what Spiderman would have said if he used Elliot Wave analysis to study Bitcoin's current trending moves. Expect some bearish movements in the coming days/week in the immediate short term. Nevertheless, based on existing confirmations, I'm expecting $BTC to climb somewhere between $16k to $23k in the coming months, before entering a large counter-trending...

googooboyy

Bearish market sentiments not helped by increasing fresh wave of Covid19 infections, lockdowns across the globe, and lack of stimulus.

googooboyy Updated 

IF YOU ARE BULLISH: - Expect bounce of support at $0.017 to go on an impulse (minor) wave 3 climb. - ZIL to reach between $0.021 to $0.0232 in the short term IF YOU ARE BEARISH: - Expect to break support level and go lower than $0.017 as ZIL continues a protracted countertrending (intermediate) wave 2 - aka an extended corrective (minor) wave C Takeaways: - not...

googooboyy Updated 

From today till end of the year, I anticipate a bear trending run for BTC and recent news checks out: stimulus drying up, presidential elections, 2nd (or even 3rd) wave of covid19 restrictions, increasing defaults on loans, increasing loss of permanant employment. Until the majority of global nations take iron handed stance to curb the down spiraling economy,...

googooboyy

I'm a fairly new trader and always learning new tools and methods of understanding charts and patterns. While I'm a huge fan of Zilliqa (ZIL), I suppose it helps that I spend some time analysing Bitcoin to anticipate a macro movement for crypto as BigDaddy here is pretty much the pseudo crypto market himself. While I do feel that generally Bitcoin is in a BULL...