TRIAS short term setupFirst of all, this is best viewed at the 5 min timeframe, and this chart is based of off levels and not the time frame.
There is not much to say about this chart, ive made this under multiple timeframes and used different patterns, all of it shows this, so i believe this has a good chance of playing out.
this also lines up with what im seeing for bitcoin, which i will provide the idea under the related idea on here.
i made this chart a while ago and it started to play out so i decided i would share it so i can see how it plays out looking back on it, i bought a while ago when a saw a short term bottom so i am going to sell on red and buy on red.
Triaspriceprediction
TRIAS elliot wave macro viewthis is not a price prediction, my macro targets are $81 - $111, which are conservative observations, nearly programmed into the next run,
anyways, this is a possible count we could see, it would give us the info that the maximum bottom would be 0.8 but even that would be unlikely, maybe $1.
it also tells us that we would see a abc correction to the upside afterward, the abc would be the lower end of the FIB extension so close to $81 if that takes up the whole run,
we could see a 5 wave down then another abc up but i do not want to get into that because it is to speculatory
TRIAS Elliott Wave price predictionthis just builds off my two previous posts on TRIAS (long and short term)
I do not think we will take the upper path so I only expanded on the downside but the save idea would apply if we did break out
TRIAS NEEDS TO BREAK OUT elliott wave these are the two possible short term scenarios we have for TRIAS,
1. We have completed the correction, the bottom is in and it is time for a reversal, these would mean we break out of the channel and start a 5 wave impulse up, the first levels at around $4.
2. If we do not breakout from this channel right now and start to see more downside, then we MUST put in a 5 wave impulse to the downside, I would suspect we see a reversal right after that. (first wave up to 3.8)
PLEASE NOTE : trias follows bitcoin heavily and depending on what happens with btc.d (view linked idea), we may have fake outs but the overall idea would be the same
to simplify what this idea means, we either break out heavy to the upside now or we must put in another 5 wave impulse to the downside before a reversal
TRIAS bull run target. Elliott wave this is what we can realistically expect from the next bull run, either $50 target or $111 target.
i could continue charting out trias into the next run but at that point it would be pure speculation,
but I do suspect these targets (50/111) to hit in 2023 then hitting 1-10k (at that point it depends on adoption and such) around 2025.
there are two other probable scenarios, one being this whole structure is a 12345 and we will have one high leg up and then a abc down. the other scenario is if this is a 12345 and the current structure is a 1 2 and we still need a 3 , corrective 4 and then a final 5. I got those scenarios from another creator, cryptojules, i like his work however i found those 2 scenarios too speculative, I believe those are likely options but I would rather post the safe option and not mislead people, but I will add that we could go much higher than I have shown.
TRIAS short to mid term price prediction for Julythis is what im seeing right now for TRIAS,
I have extended the walls of the trading channel because of the bitcoin pump, the target has NOT changed, however it may be delayed by a few days or weeks.
The paths provided are basically to show that no matter what low time frame pump and dumps we see,
the overall target is still 0.7 - 0.8, this is needed because TRIAS has not had a final wave down and I go into more reasoning on my BTC dominance explanation (linked).
Although unlikely at this point, we may see a pump up but I would advise not to trade into it, most likely it would be yet another bull trap.
Drop a comment and I will be happy to chat or have any friendly back and forth on other opinions.
Take care
EDIT : Target date for green box is sometime in July, most likely mid to late July, however this is mainly based off of prices and not time, basically meaning the drop could be delayed but would still happen.
TRIAS macro price predictionlately ive posted quite a few short term bearish charts but I wanted to show that no matter where you buy here, we are looking at serious gains. the prices ive put in the charts are not exactly what I think we will be at but for it very well could be, depending on the recognition that TRIAS gets,
this will be easy for TRIAS to do though, there are many alts that pump really hard but the technology is not there and they just die because there is no use case,
TRIAS is different because the team does not advertise hard, they are working until the project is finished so that when the do advertise, we will pump hard, and continue to, without dying or dropping hard.
For info, if TRIAS:
(prices at btc ath in november. for the next bull run we would be passed this so these numbers are lower than they would be)
is a top 100 coin - 580 per coin
is a top 50 coin - 1915 per coin
is a top 25 coin - 4288 per coin
is a top 10 coin - 16786 per coin
is a top 5 coin - 35265 per coin (in november SOL was top 5, TRIAS is a better coin and easily will surpass SOL)
note that these are low estimates, in the next run we will go up higher so all these numbers will be higher, TRIAS is EASILY a top 5 coin, it just needs time, to put this into perspective, WHEN TRIAS becomes a top 10 coin, you will only need 60 coins to be a MILLIONAIRE.
it is one thing to buy now just to sell for a measly 10x or 100x, the real winners will be the ones who hold their coins for a 10000x , which is inevitable.
PLEASE, take everything that I say here will a grain of salt, yes this might be SLIGHT hopium, but it is part of the fun to post charts like these, when you really love a coin and value it more than just a way to make a quick 10x, you see the possibilities that others will laugh at.
take care
TRIAS price prediction 0.7-0.8 june 22nd to mid julyright now trias is making a series of lower highs and lower lows, this makes the general bias a downtrend,
you may ask for how long and how I came to the figures 0.7-0.8.
First, 0.7-0.8 came for simple TA and a combination of what is going on with bitcoin, this is a range we must hit or get close to in order to solidify a bottom.
IMPORTANT:
Secondly, right now bitcoin is looking to set in it's bottom. once bitcoin finds a bottom people will start to buy in and btc.d will rise (more money goes into BTC compared to alts), during this time alts will begin to truly crash as money comes out of them, this could be a few weeks or months depending on the coin, alts will find their bottoms after bitcoin and then once their bottoms are in and dust starts to settle, btc.d will begin to lower again but this time and uptrend.
For these reasons I believe TRIAS will start to drop hard even after bitcoin finds a bottom, which looks likely within the month or start of July. I also believe TRIAS will bottom 0.8 or just below, I believe this will happen mid-late July, reasons provided above regarding btc.d.
Thank you for taking the time to read, leave any comments and I will be happy to respond and even have friendly discussion.
EDIT: SEE LINKED RELATED POST WHICH EXPLAINS BITCOIN DOMINANCE SPECIFICALLY, THAT WILL HELP UNDERSTAND WHY TRIAS WILL BOTTOM AFTER AND HARDER THAN BITCOIN
TRIAS price prediction june 20th - julythis is what im seeing, not sure how long we will be around/under the green box but
i just showed an uptrend afterwards to signify my analysis has ended.
TRIAS ( UPDATED ) trading channelthis builds on my last post about the bitcoin trading channel,
I would check that out as it is very helpful, but trias could easily act seperatly from bitcoin as btc.d raises as bitcoin drops,
and as btc.d drops as bitcoin finds a bottom.
the green is where I see a potentional bottom, it is where I am buying but could slightly as things move more.
TRIAS price prediction june 13th - july this is my price prediction for trias.
I think that we will see a bottom for trias at 0.7-0.8 after bitcoin hits its bottom.
this is because btc.d is so high resulting in a slower bleed in altcoins, once bitcoin's rally starts then trias is allowed to follow.