Moon
Dogecoin to the Moon?Here's my not financial advise analysis on DOGE:
Dogecoin has had a majorly bullish year, though in recent weeks we've seen what resembles more of a downtrend than an uptrend which makes it hard to tell where we're going.
Fibonacci retracements offer support but are only really useful when there’s a clear trend (bullish/bearish).
We are now approaching moving average resistance levels as well though and if Dogecoin manages to pull through we might see a more gradual upward trend emerge, for risk tolerant investors it's all aboard the rocket ship.
XRP moonshot $161. Macro analysis from 2014-2021 with confluenceXRP really seems to have been in its own cycle and patterns this entire time. We are just over ~420 bars since the high earlier this year. It was at this same point in 2018 where we went to ~$3.22 ATH. Using fib analysis beginning in 2014, we see the cycle top was the green 50.618 fib having its orange 0.618 of that respective smaller cycle at the green 30.618 fib, occurring over about a 2 month window of time from March-May 2018. The bottom of that cycle was the orange 1.618 from 2014. You can see the confluence between the macro cycles when comparing the macro fib channels.
This gives us three important levels for XRP.
XRP top will be at the orange 50.618 fib -- $161.
XRP bottom will be ~5 or the orange 1.618.
XRP key support will be at the orange 3.618 fib .
XRP 0.618 retrace will be at the orange 30.618 fib - or $95.
Last chance for ALTs - particularly DEFIComparable to every other cycle, but more precisely last August into September.
Many DEFI coins have been far oversold relative to the rest of the market recently
This gives them room to run if BTC decides to follow a similar price action leading into September .
I say last chance - but this is obviously relative to the part of the bigger cycle that we're in. Assuming we reach higher highs later this year and perhaps into next year.
LINK ATH SPECULATIONIf you're here to call out "so many lines bro", you're clearly a fkn idiot and should stop doing/reading TA.
Orange is Fib based trend, Red is Fib retrace. If you look close, we're still well in the middle of an Elliot Wave (likely a 2 dip) and will probably see lows of even 18ish again.
However, the upside to these dips is some pretty insane gain potentials from 18-36 and 36-66.
It's going to be an exciting few weeks. HODL and accumulate dips.
Nothing is a loss until it's sold.
Never Advice. Love you.
this is the Daily chart
C98 looking promising. I love this coin.Yo.
Please don't use this info to base an investment off! Conduct your own research and invest at your own diligence.
I've been paying close attention to C98 lately. This coin moves mad and from what I have gauged super bullish. Whilst lots of money can be made scalping this coin, I'm actually looking to swing here as it seems there is a wedge forming on the hourly. Lots of bullish momentum. I'm expecting a potential breakout.
Bitcoin and EOS ComparisonDuring 2017 Bitcoin reach a max point around 19k and when Bitcoin started dropping, EOS consolidated and Pump to the moon. EOS is a lagger compared to Bitcoin and other Alt coins. It also happened during this bullrun, Everything was pumping and EOS was consolidating and Once most altcoin pumped, EOS started going up and hit around 15 dollars.
Rinse and Repeat.
A new way to look at $GME (Gainzstonk)This may be a stretch but in theory it could work. What if we're still on the 2nd wave of this macro 5th wave cycle? What if the moves from 140-340 were just a complex elliot wave pattern inside of the true big boy one? Just a thot. If this ends up being true we could see a move past the ATH of 483 and then one more corrective wave before the big daddy 5th wave to end it all. Worth considering. GME to the moon baby!!!
An argument that the bottom is inFrom the previous cycle's ATH and ATL following that, drawing a fib up for the next cycle has proven to have 2 fibs that are highly contested - the 1.618 & 1.272
In 2013, the first wave found resistance around the 1.618 , and found support around the 1.272 .
In 2017, the first wave went to the 1.414, found support at the 1.272 , rose to the 1.618 , found support at the 1.414, then continued up.
Now, more clear than ever, have we found resistance at the 1.618 , and found support at the 1.272 .
Each cycle wicks above and below these contested fibs, so seeing 30k again isn't off the table; however, if history were to repeat itself, that would mean we've found the support that past cycles proved to lead us to a blow off top.
Just a thought... There's plenty of reasons for it to go down as well... This is no claim that I'm right or that you're wrong...
Foreseeable scenario #2Compare & contrast 2017's final capitulation to our current capitulation.
1: One last attempt for 33.5k
2: Once it drops from the failed push & the RSI's bottom trendline I've marked is hit, capitulation begins
3: A rounded-recovery instead of a V-recovery would help validate this scenario -- if it makes it that far
4: This may or may not reset the accumulation phase again until we have a supply shock (i.e. big V-bottom crash or far prolonged accumulation phase trigger)
Unlikely that we follow it verbatim, but it gives us some targets.
Still longing as I think we're near a bottom - obviously not suggested if you're leveraging...
See scenario #1 in related ideas.
Foreseeable Bullish Scenario #1Fib-based trendline, structure, & pattern
What I'll be looking for
1: Small pennant to form nearing the end of this larger pennant similar to what I reference to and draw out.
2: Higher timeframe congruence on RSI 4h-24h (no significant bearish divergence on the way up)
Foreseeable short-term bearish scenario linked below
No one actually understands how bullish this isFirst - for the more obvious bullish divergences on OBV, RSI, & MFI.
I had a hell of a time trying to find anywhere with a similar divergence
But the places that I did find them had a massive pump following
Additionally, you're probably confused about the TLT chart.
These are 20 yr bonds that fluctuate more or less with the strength of the dollar, interest rates, and yields. These values are very telling when it comes to determining the 'health of the economy'.
Knowing that, I was able to give data to the health of the economy and put it against the market cycles of Bitcoin to see what kind of environment it needed to grow.
I noticed a pattern and certain conditions that must be met for Bitcoin to surge. Take out one of these characteristics, and you don't have a green light for a full blow bull market.
Condition #1: Massive sell-off of the TLT bonds followed by a relaxed recovery . This lights the fuse.
Condition #2: Volatility of these bonds must be in check. Any massive fluctuation after the fuse is lit will put it out. These are represented by the little dots from an indicator called a VSTOP . The Inception of Bitcoin followed the 2008 crisis, so the switch in VSTOP is backwards, but still relatively illustrates correctly.
Condition #3: The underlying data responsible for the TLT price action must follow a particular pattern. I've measured this with a moving average and smoothed moving average crossing of the TLT's RSI Similar to a death cross or golden cross. Green above red signals this 1 of 3 conditions true.
So, to determine the start and end of a Bitcoin bull-market, the green must be above the red, and the VSTOP must be in the gold .
With all of this, it appears Bitcoin is far from done pumping.
Thanks :)
AOA/USDT Repeating Bullish PatternKUCOIN:AOAUSDT KUCOIN:AOABTC
An altcoin I've mentioned previously on the BTC pairing has starting showing some signs of life & a pre-breakout pattern I've seen it do right before the last rally it had
Possibly an unexpected performer soon, see the BTC pair below for some further TA I've done on this pair
Expecting the USDT pair to make a run if it can break that descending res.
Possible 2x On The Way For BAL/BTCBINANCE:BALBTC COINBASE:BALBTC COINBASE:BALUSD BINANCE:BALUSDT
BAL has a fairly nice setup with a likely bullish outcome on the BTC pair, with the price ranging between a massive descending wedge & looking ready for a macro breakout which would lead to a 2x in BTC price (likely higher)
Expecting a breakout towards that .369 retracement as the likely target for the first wave on the breakout!
The USD pair is also looking bullish on the macro scale too!
Watch this one over the next days & weeks!