This is a very credible short-term Target in Near Protocol which is a very strong Layer 1 Project. I expect to see large upside in this over course of 2022 as well but there is a bullish short-term structure in this atm.
Diagonal / wedge structure that has a remarkably similar shape & feel to May - July has a near-term target of $15... SRM just received a major investment ($75 Million) from Tiger Global. This is one of the largest Hedge Funds in the entire world with $95 Billion in Assets Under Management (AUM). The reason this is a big deal for the state of DeFi / Crypto is that...
See my most previous Bull-Flag targets for SOL and LUNA... AXS with tons of market adoption and major investments from Samsung does provide an opportunity to be a gaming juggernaut in the gaming space. Axie bears some remarkable similarity to the virality of Pokemon about 25 years ago.... except with much higher sustainable uspide. The Bull Flag Target is $246...
WARNING: THIS IS A 2022 LONG-TERM TARGET! Do not take this as advice to buy on micro-charts, but more for the longer-term investor BTC's Bull Market target for 2022 does show a very potential $109k target... timing is unpredictable but my best guess would be by Q2 2022 or into 2023.... but first there is a strong potential in the short term for there to be a...
This is just a short-term 1.382 fib-extension target (green box) of $42 - $47 within the next couple weeks. Keep in mind this isn't programmed in, it is just a target. Let's see how it plays out.
There is no question that DOT is the clear leader in the Web3 space. There are >155 projects developing on DOT's ecosystem and DOT has the highest growth in developer activity in 2021 and the 2nd highest absolute level of dev activity (behind ETH). DOT grew from 2,600 devs to 10,000 devs by year-end 2021. Those 10k devs wrote 2 million lines of code in 2021....
SRM is setting up for a beautiful 5 Wave Structure - see the red count - we are currently at beginning of Wave 3.
There is a very bullish setup occurring in DOT atm with the Stoch RSI crossing into bull momentum for the first time since July 2021... these weekly crosses don't happen often in a year. Knowing that alt-season is likely about to progress and develop at a much quicker pace as it usually does in Q1-Q2 of any given bull year, DOT is probably one of the most...
LUNABTC has broken out of its wedge pattern and is performing superbly against BTC - the trend is your friend. Expect LUNA to breakout of the bull flag to continue this trend higher. LUNA has done better than its peers and has a lot of fundamentals behind it as it is a top 5 stablecoin with a DeFi ecosystem as well as many other projects being built on top of...
As I correctly predicted - the BTC Hash Ribbons signal has come on August 7th.... this will mark a new bull phase for BTC and crypto as BTC is starting this blue circle buy cycle at nearly $45k ... we should see prices get well into the $100k territory. This is a significant signal as the last 10 / 11 signals produced multi-100% gains even in bear markets. The...
LUNA on the daily is in a bull flag and $19 is the current PT. Long-term trendline drawn from December 2020 shows $33 is the mid-term target.
The last time this happened in SOL - it moved higher by 116% in 16 days! This matches with my fundamental value analysis and relative value analysis that SOL is at least mispriced by half and should be double the value it is today considering the 300+ dApps it has already rolled out and the WORLD CLASS dev team they boast - probably a top 3 dev team I've seen of...
SOL has managed to stay well above its 200 DMA and the CC SMA 50 just turned green a few days ago - a signal that bullish momentum should continue. SOL is building a wedge structure and should ultimately test the top in August and perhaps even break out by August/September to then head to the measured move target price of $100. SOL has some strong fundamentals...
I'm actually very surprised this isn't talked about more but FB appears to be heavily lean on DOT's technology as they've partnered with Pontem to build out PolkaDot based applications for Diem. Her is some text taken from the Pontem website: "Facebook-backed Diem is creating infrastructure for the financial inclusion of billions. Applications will be accessible...
At the current rate of speed of the delta b/w the two momentum numbers of the hash ribbons signal - we will have a Blue Circle buy signal on or around August 7th according to the latest run rate numbers. Of course there are more than a few variables that go into this calculation. The current delta is 4.5 million and it's been decreasing on average by 1.5 million...
WABIBTC price prediction for Aug 31 - this is an idea for a competition with other TV members on WABI to see who has the closest prediction by month end.
When LINK breaks out of this flag structure expect $26 to be hit rapidly considering the key catalysts it has going for it this week with EIP-1559 / London Hard Fork & the SmartContract conference. LINK is still very undervalued as it is blockchain agnostic and has the vast market share still. I don't expect any major competitors in this category for sometime...
DOT is in a Bull Flag formation after a major surge higher and setting up nicely for a PT to $21... looking like continuation here.