As always as my profile name suggests my chart will disappear as the doom and gloom Sayers will write their BTC to bust claims, They where the same who said ETH to the moon just before the flame out. I see comments from others that they are sick of it too. While my last charts have opposed and come to true, once again I impelled to go against the grain. The RSI...
I have determine that there is strong support for crypto as per the rsi and hoping for a bounce. Many commentators are now saying that BTC will hit 32k but I don't think so and haven't for weeks. The only down pressure is war. But as I have said over the months, the stock market has crashes and crypto has corrections and crypto does not follows the stock...
I have seen the emergence of the so-called Metaverse and I am not that impressed. They bring along with them the weaknesses of the old Web while making claims of new world tech innovations that have affected the metaverse from the stories of late where coin exchanges are hacked and where arrests and charges have been laid from dealings with the metaverse. The...
Be careful who you invest with in the future crypto projects. BTC was created by an anonymous founder, ETH just is and continues regardless of the other projects claiming to be ETH killers that are just like the big tech companies the ones BTC protocol was designed to get away from. One of the coins that was in the top 5 in the past was authored by a banker and...
Here we go again, a new technology to further the world and the same players turn up. First the experts come in and express the futurist idea and plan that have left the best tech companies with high reputations and then the trash comes on board and trashes everything till it breaks down and many lose their hard work and savings. We have a plan for future money...
Are we about to see a big change? RSI seems right to me for a rebound after this consolidation.
As show by my last chart I missed the Correct wave but not too shabby in my predictions. At the moment everyone seems down on the crypto market but I will hold with my prediction at this time.
I hope to see the price drop to low 30's and then see BTC dominance come back.
I have made a adjustment to the last chart. While we have had a drop on Total there have been many coins that have not dropped and seems to me there is a lot of new investment. Too many have focus on BTC and how to take profits on up and downs. Not me. Capital gains and fees while trashing a good coin, not for me. I have reinvest the cash I have from the sale...
I have posted 2 charts the same and have been very close to the mark. Finally the drop is here and I am looking for a buying spree. This I believe is the beginning of a Elloit up wave for the next 3 months. The RSI has broken down to the next level where I think the rebound will be. This chart future lines where drawn weeks ago and how I think it will play out
I only use the RSI. Clearly the RSI has shown that the Total Crypto Market Chart was leading to a correction while the chart displayed the opposite. I sold in May after warning several who constantly stated that everything was going to the moon. I believed we would see a major correction and bought again in June as I believe the RSI is displaying a turnaround and...
I have been following the RSI since February and it is now showing support or reversal.
BTC chart shows a Elliot Correction Wave and has risen above 2 resistance levels, I feel that it is about to break past a third resistance level which in my opinion will cause a breakout above 15000. I also see the same in Litecoin but it would have to break past 70 before a buy for me.