Hello, and thank you for stopping by to check out my Idea!
I've had this chart drawn for about two years now after spending some time researching previous cycles. This chart is very basic and imperfect, but it speaks for itself.
Based on the strikingly similar lengths of previous bull and bear cycles, I believe the following...
Bitcoin will peak near $172,000...
It's obvious now that $BTC has ran out of selling pressure and geared up for another run up.
IMO, $BTC is set to accelerate straight up to the .5 Fib at ~$46.8K.
I think we'll range for a good while between $47K-$57K. Any sort of a rising wedge forming in this range could lead to an explosive move to test the ATH. But we could also see a HTF 'bull flag' that...
Bitcoin could retake critical levels and resume parabolic macro uptrend. The odds and indicators are in favor of it.
Price seems to have found and tested firm support between $28K-$32K
A Wyckoff Distribution is about to enter the final phase before Accumulation
A small upward push in price could reclaim the 50D MA
A HTF bearish divergence seen in the RSI could be...
What's up everybody! Thanks for taking the time to check out my detailed analysis of The Graph's $GRT! This is only my 3rd published Idea, but likely my most technical so let's get right into it! TL;DR at the bottom!
It's looking like $GRT might be gearing up for another run towards the highly sought after level of $1 or more! Before this happens though, there...
Hello traders! In this analysis, I want to point on that Bitcoin has recently recorded a new high of ~$24,300 which was quickly and harshly followed by a steep drop to established support around $23,100. After failing to close above $24,000 on the 1H time frame, BTC began to fall and went right through any support around $23,000.
Suddenly, there was immense...
Hello and thanks for taking the time to check out my Idea. This is my first published Idea, and it won’t be very technical. Just a simple parabolic curve. As long as we maintain this parabolic curve, $GRT has a strong possibility of surpassing $1 in the very near future. Watch for this! This is not financial advice. Thanks!
