ALTcoins Have Still Space For More GainsHello Crypto traders!
Crypto market remains nicely bullish as expected and if we take a look at OTHERS Crypto market cap chart, which excludes top 10 cryptocurrencies, it's looking for a bullish break into a 5th wave out of wave (4) bullish triangle pattern that can send the price into all-time highs and 500B area. Bullish confirmation is above upper triangle line and 400B area.
So, with current risk-on sentiment and while stocks have space for more upside, still watch out for more gains in the Crypto market once current consolidation fully unfolds, especially if we consider USDollar weakness.
Cryptos
BITCOIN CYCLE CONCEPT, FIB ORBIT & TIME-ZONEBTC CYCLICAL pattern
1 Complete Cycle = 5 UP (green sine-wave) + 3 DOWN (red sinewave)
24 Jan 2025,
BTC entering Fib extension 0.618 (purple). Fib Circle orbit approaching 5.385 extension.
Expect 5 UP green wave to complete around jul-sept 2025 marked by red X-marks whereas Fib time-zone extension of 1.272 coincides with top of green sine-wave 5
Sine-wave cycle study was credited to Lars von Thienen at FSC
Total market cap The mega bull process started after the US presidential elections, at the end of 700 days from the December 2018 bottom confirmation of the total market cap (november 2020).
The 700-day pattern will be completed in October 2024, starting from the lower confirmation in November 2022, and the mega bull process may begin after the US presidential elections in November 2024.
XRP EXPLOSION XRPUSD SeekingPips Magic! Perfect Time & Price !!!
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ADAUSD What does SeekingPips think? ADA Key PRICE what about TIMAs you know my now SeekingPips often consider TIME more important than PRICE when analysing any TIME and PRICE chart.
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Tesla Is Driving Bitcoin Price HigherWe talked about a strong positive correlation between Tesla and Bitcoin in the past and now that Tesla is extending strongly higher, Bitcoin is following, of course. Both of them slowed down recently, but notice that Tesla made only a three-wave ABC corrective decline in wave (4) that can now resume its bullish trend for wave (5), so Bitcoin could follow sooner or later.
Basic Impulsive Bullish Pattern should be made by five waves. It shows that Tesla and Bitcoin could be trading in wave (4) correction before a continuation higher for wave (5).
Where is the good shopping area?hello friends
This currency has been able to attract the attention of buyers with its good growth.
Now that it is in the correction phase, it is a good opportunity to buy a step.
We have defined the purchase steps for you and we have also defined its goals.
*Trade safely with us*
Could the Bitcoin drop from here?The price is reacting off the pivot which acts as a pullback resistance that aligns with the 61.8% Fibonacci retracement and could drop to the 1st support.
Pivot: 3,718.97
1st Support: 3,524.81
1st Resistance: 3,834.79
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Ripple Is Still Eyeing All-Time HighsRipple is in strong and impulsive rise after we spotted a bullish break out of a larger weekly bullish triangle pattern. It's actually already at 2.9 area and there can be easily space up to 3.3 all-time highs area. Looking at the 4-hour time frame, we saw a nice extension higher within wave (3), so after current wave (4) correction that can be completed as a nice and clean A-B-C flag pattern with textbook support from 2021 highs, be aware of another push to the upside for (5).
Just in case if Ripple stay sideways for a longer period of time, then we might even consider a bullish triangle pattern in wave (4), but sooner or later we can expect further rally within wave (5) towards all-time highs area.
Why XRP Is higher?
The reason for this push higher on ripple, which has been outperforming in the last few weeks, is the upcoming launch of Ripple USD (RLUSD). Ripple USD (RLUSD) is a new stablecoin aimed at bridging blockchain and traditional finance. "Designed for enterprise use, RLUSD focuses on stability, efficiency, and transparency, enhancing Ripple’s cross-border payments and meeting the demand for USD transactions".
Hurry Up & Wait! ● Is XRP ready to break out?It was a nice ride for those involved from the most recent lows printed on 30-31 December, however price still needs to break out of this channel if it is to get that massive next leg higher.
Until then we are still waiting for the breakout.
No need to rush we are here for the long run.
TIA (Celestia) Main trend. Maximum targets of the cycle. XXL+10XLogo of rhymes. Time frame 3 days. Everything is shown and described on the price chart of this pre-planned super hype, to earn super profits out of nothing.
"Collected" (principle and scheme of deception) for 7 rounds of financing (the principle of the "access pyramid") - $ 156.5 million. This is the principle of super pumping and listing on exchanges for super huge profits of almost all hype assets since 2020.
Under the logic of the chart, as a rule, they pull under the general trend of the market cycle by another + 800-1000%. According to the chart, the average price between accumulation and distribution of the cycle is usually 500-800%. The main thing is to keep the logic of the chart under the general market cycle (for constant small, imperceptible sales). Such assets are constantly sold in trend, which is logical, there is no difference between 50x -100x - 1000X.
No matter how funny and illogical it may sound, while the “whales” are selling, you can be in the asset and be safe. When sales stop, that is, there is no interest in maintaining the hype, the prospects of the legend and the liquidity of the asset for sales, - a sharp (hack, break-in, or other fiction - justification for "closing the project") or slow death (the asset loses major players and demand / supply is given into the hands of “the majority of those waiting for XXX, who will never be”), that is, depreciation and scam.
The previous legend of prospects does not matter, as the focus of attention of the crowd shifts to other freshly created similar assets and marketing to attract “fresh blood” of new stupid money. All new assets are created, and most importantly advertising, at the expense of profits from the previous ones, only on a large scale. This is a disguised Ponzi scheme, which everyone agrees with, as they are sure that they will not be “the last”.
Linear for clarity.
Local game.