AVA37

AVA37 Updated  Nov 16, 2021

As BTC recently reached to 69k an ABC pullback from here is to be expected ultimately reaching to 56-54k area (orange) also re-testing rising trendline that was formed from Aug (green line). The RSI on a daily timeframe also needs to cool down a bit. It is very hard to predict btc on such short time frame with this correction but eventually we should be heading to...

AVA37 Updated  Nov 16, 2021

Altcoin m. cap is brobably doing an abc correction back testing the previous ATH That held us down being a ressistence for 6 months turning it as a support. The higher it goes the more violent those correction are, but we are probably in one right now. I am not a financial advisor so non of this is a financial advise. CRYPTOCAP:TOTAL2

AVA37 Oct 23, 2021

I and others who try to spot patterns in charts are starting to see a lot of similarities compering bull run from the 2008-2021 and the one from 1921-1929. You can clearly see that patterns are profoundly which to be honest, it keeps me up at night. Stock market as well as crypto market are VERY high. In last few years/months. everyone wants to become a day-trader...

AVA37 Oct 20, 2021

It looks like XRP is heading for a wave 3 on this leg up. We also need to break above green decending trendline and then also retestit with a wave 4, then after that last wave 5 should take us into a .702 and .786 area. There we should find some ressistence there to work it out before another leg up to ATH and very likely beyond. Moving above the 0.5 fib. retr....

AVA37 Oct 20, 2021

With the recent price action after last ABC correction, DASH has formed a nice triangle that could also act as a reversal pattern as there are clear higher lows being formed. If we break above the triangle on the 3rd attempt we have to then also break obove the $220.6 zone to invalidate an ABC correction (climbing above the B wave). If all this happens, price...

AVA37 Oct 17, 2021

Even though the excitement is huge right now for BTC going to 100k or even past it, i think this will not happen for a few reasons. Aside from TA, if you've been in the previous cycles you know that whenever everyone thinks btc will reach certain target or go beyond, this price is never reached. Excitement is however needed, because it creates liquidity for...

AVA37 Oct 13, 2021

BINANCE:BTCUSDT It sure looks to me that BTC is finishing 3rd wave that needs to eventually get above the B wave of the Mays ABC correction. If we get above ~$59600 it is safe to say that the main ABC correction is over. As 60k area acts as a large ressistence, we should expect a bit larger pullback into a 45-55k area, before another leg up that could...

AVA37 Jun 14, 2021

During this accumulation period, i've been studying wyckoff accumulation pattern. By now i personally think that i have enough data on the chart to confirm this pattern, though i could be wrong. If this theory is correct we should be heading towards the SOS (Signs Of Strength) area and likely heading upwards to the 0.702 fib level. Between the 0.618 and 0.702...

AVA37 Updated  Jun 3, 2021

We have finally break above the descending triangle with BTC. Descending triangles can act as a continuation patterns or as a reversal patterns. In this case it is starting to look as a reversal one. It is the first solid sign that we may still set new ATH which should be slightly above the one set in April. I am expecting 70-85k at max for this cycle. We however...

AVA37 Jun 3, 2021

XRP had a nice strong breakout from the descending trendline (orange), now acting as a support. On the way up, we still have to have an eye on 0.702 and 0.786 fib. levels there we were previously rejected from 3-times. We still may rejected from those, which means that the price could consolidate further in the $1-$1.6 area. In a long term I still expect the...

AVA37 Jun 1, 2021

Recently BTC price has formed some kind of a symmetrical triangle after a capitulation. There is a huge fear in a market right now, and i cannot help myself buying some alts at those prices. We will eventually climb back up. When? .. No body knows, but if btc decides to fall down from this pattern we may have a retest of a recent local low forming a double bottom...

AVA37 Updated  May 27, 2021

As BTC corrected as it suppose to, it caused a sudden and quite unexpected flash crash across the market, followed by another accumulation that took us slowly even lower with altcoins. Lots of people got shaken out and over leveraged accounts liquidated. For those who made it out alive ;), expect the green days to come. That is of course if btc goes up, which it...

AVA37 Updated  May 18, 2021

You don't have to be a expert chart analyst to recognize that trendline back test. While we could still go down with a double bask test, we most likely will not fall through as BTC on the other side has showed some bottom signs. Previous 3.618 fib. extension took us to a $330, so if we do the same for the recent pump, we could argue that the next target at that...

AVA37 Updated  May 17, 2021

Today was very likely the final day for btc correction forming some kind of a W bottom. Looking at the market, everything was red ...except XRP. It was also when, just before the final btc crash xrp pumped 11-15%. It did hold above $1.30 as btc and other market was crashing today. On the chart we can see that the fib. extension has been very well respected in the...

AVA37 May 7, 2021

Given the fact that BTC has almost finished (if not already) its bull run for this cycle, i've made a my humble prediction of what to expect from the price long term.... The cycles could happen faster or slower, no one can predict such things. The point i am trying to make here is that we shouldn't expect to much from it. Expectations that it will go above 200k in...

AVA37 May 5, 2021

All engines are running, system operational. Even though we had to postpone the lunch a few times now, because of some technical issues (ERR_CODE_AMATEUR_DAY_TRADERS:0x000420) and additional safety testing had to be done. Hope you got your astronaut bags filled. Good luck. I am a astronaut and not a financial advisor, so while you may go with me to the moon,...

AVA37 Updated  May 4, 2021

After testing and getting rejected from a 0.702 fib. level ($1.65) XRP is consolidating right now. For now all we could say that we've just back tested a 0.382 level ($1.31) and will see if we go any lower. On 15min chart the buy volume has already started to increase with RSI showing some bounce back up from the oversold area. With the first altcoin booming (ETH)...

AVA37 Updated  May 1, 2021

By now we can say that btc has finished with its correction and so is the rest of the market. For XRP i actually believed that we are gonna retest 3 year old support sitting at $0.75 but that did not happen. Now that we are almost out of the woods, we are starting to ask ourselves where is that price level that if we break above it we could go parabolic. For that...