Caramel0

Caramel0

Hello degenerates, I am going to try and post daily updates on SPY/SPX to help me with my analysis and preparation for next day trades. If you follow my analysis, you are aware that we have 2 possible scenarios being played out but I'll be using the bullish scenario for this analysis. This doesn't mean that the bearish scenario is invalidated. As we all know,...

Caramel0

As promised, I am now sharing you what I can see happening on SPY/SPX on the bearish point of view. I do recommend for you to check out my Bullish analysis post that I did on Friday in case you get confused: ( ) As you can see in the main image of this post, in the bearish bias I am considering this dip from last month to be Wave A of an ABC correction(Green)....

Caramel0

I don't care if you are a bull that believes this is the beginning of price recovery or a bear that believes that this is just a slight retracement to gear up for the major downtrend. I am here to show you different possible scenarios during my Elliot Waves learning process. In the main image of this post, you can see that bulls have completed a 5 impulse Wave 1...

Caramel0

Hello again degenerados, Just like you read in the title, COINBASE:ADAUSD is on chilling mode and I don't have anymore hair to pull out. If you have been following my analysis, you are now expecting price to be moving towards our T1 range. HOWEVER, while we are watching COINBASE:XRPUSD and COINBASE:BTCUSD making moves, ADA is just chilling as if our future...

Caramel0

Yurrr XRPeers, If you have been following my analysis, you was also prepared yesterday to a possible sellout from all the news we got. That sellout happen today. If you were watching the market, you saw volume peaking as retail dumped all their XRP at the peak and sellers got in aggressively bringing the price down to the $2.4 range. As you can see in the...

Caramel0

Hello again fellow gamblers, I can imagine what is going through every ADA holder at this time: "Why are we not pumping?" Only the lords of the charts can answer that question. I rather not dig in this deep rabbit hole, it's almost nap time. I do, however, have some interesting to show you all. I got for yall a comparison between COINBASE:ADAUSD and ...

Caramel0

Great day for crypto and XRP today! Not only because of the long awaited update on SEC case that came from Brad G, but also the pump created post FOMC today. If you have been following my analysis, you are aware that price has been traveling as predicted. HOWEVER, it is still early to claim anything . News pump definitely shakes up the market, but only after...

Caramel0

Fellow crypto market betters, As you are all aware, daddy Brad announced that XRP case will be dropped and the price jumped from the news alone. I haven't seen any SEC announcements about the price yet, and today we do have some FOMC decisions coming out. IN MY OPINION: 1) Be careful with the whole "Buy the rumor, sell the news" dumb money thing. 2) Although...

Caramel0

If this don't get you bullish, I don't know what will...

Caramel0

The only Sale being highlighted was by David Sacks when he took the advisory role in Donald Trump's White House...

Caramel0

Hello again Degenerates, Who would've thought that we would have gotten some exciting moves happening on a Sunday night. I had to run back from the gym to watch it with some popcorn as a bunch of bulls play with heritance of my children. Fun times. However, I would like to get away from the Bitcoin Wars and analyze a little of what is happening in XRP. - Last...

Caramel0

Hello fellow Degenerates, This time I got both XRP and ADA charts together to show you both theories that created this slow and boring drama we are facing now. This week we might finally get to its conclusion, for better or worse so watch closely. If you been observing and watching the crypto market, you know that these two tickers are the ones that will drive a...

Caramel0

Yuuur, As you can see in the title, I am taking a breaking from all the positivity and hopium of my last posts just to give us all a warning: PRICE CAN STILL GO LOWER I have been saying this in all of my previous posts, but this time I decided to show you what I mean. The green box is the PT for the Second Wave of this bull cycle. As you can see we got in...

Caramel0

Hello again, Degenerates PT1(For those that don't want to read) = $0.96-$0.83 If you have been following my analysis, you know that we are now in a sensitive zone: - We hit a Macro Wave 2 target, but Wave 2 can always go lower (as long as it doesn't cover 100% of Wave 1) - Market uncertainty has brought sentiment to extreme fear - SEC is taking its sweet 4$$...

Caramel0

Hello Degens, Just stopping by to drop a new dose of hopium and remind everyone that while SPY keeps on digging new lows, Crypto is holding its price. To my surprise, ADA has been holding the price target I had suggested. I do believe that we are now in a zone where institutions have been accumulating and manipulating in an attempt to create as much liquidation...

Caramel0

Alright degens. We are here. - RSI did another lower high on the daily. - RSI double bottom at 1H chart. - Price is at the 38.2%. - Small break of trendline in the 1h chart. Are we pumping? absolutely not . We're just watching. Although price broke the trendline, it needs to at least break the last lower high with strength to confirm a reversal. Although we...

Caramel0

Just found this interesting data. The chart shows the vertical line in blue marking the previous bitcoin halving. The Horizontal arrows show the days after the bitcoin halving. If you look closely, you will see that in the last cycle, bitcoin was also going through a little correction phase in which it dipped as low as 31% before continuing the market pump. If...

Caramel0

If you followed my last analysis you know I was expecting a drop to this level, and surprisingly enough, price stopped precisely where i had marked!! Now, im just an amateur in elliot waves so dont be surprised if price doesnt hold, but if my thesis was correct, price must hold this level while it get ready for Wave 3. Next wave should be the largest one,...