Crypt0p0tat0

Crypt0p0tat0

Reasonable target for XRP, based on a double cycle theory. - First cycle top, end of Wave 3, based on 4 years repetitive cycle following BTC halvening cycles : November 2021, XRP at around 8-9$, 400 billions $ market cap. - Wave 4 : correction 65%, XRP back to 3$. - Second cycle top: Wave 5, lengthening cycle, end of 2022, XRP at around 24$, 1,2 Trillions $ market...

Crypt0p0tat0

$alts #Altseason #Cryptos Update long term crypto market analysis (#total2 ) *Double top 1: Wave 3 of main cycle, end of 4 years repetitive cycle (Novembre 1-15). *Double top 2: Wave 5, end of lengthening cycle (June 2022-June 2023). *Final target: between 0,382 and 0,5 of last cycle.

Crypt0p0tat0

Worst case scenario for BTC right now is the long awaited medium term correction after a bounce to around 60k. No need to panic right now. Also, a range at this level in BTC would be very profitable for alts. I think alts have still one leg up before the medium term correction (6 months?) and then a continuation of the massive bull run already ongoing... The...

Crypt0p0tat0

In the perspective of a lengthening cycle theory, with the end of the cycle around end of 2022, we would have a much longer time to develop the alt season, with a double top cycle in BTC like in 2013, and the coming correction in BTC would coincide with a surge in BTC.D. If this perspective is confirmed, it will be better to go out of crypto and stay in FIAT the...

Crypt0p0tat0

Long term analysis of BTC based on a lengthening of the cycles, with a peak of this cycle around end 2012, and a double peak figure like we had in 2013 but slower and less volatile. If we rather follow a 4 year repetitive cycle, then the log channel will be invalidated soon and we should end up this cycle by the end of the year, with a BTC price around 250k -...

Crypt0p0tat0

$XRP finally reached the zone of secular support from march 2017 (before the bull run), and is printing a massive bullish divergence on the daily and weekly. Another leg down is still possible, to max 460 sat, but I'd say unlikely. Also, the fractal from the previous cycle shows us a similar structure and is preparing for it's bull run. That's how XRP works......

Crypt0p0tat0 Updated 

Last Altseason in January 2017 (vertical green line) started 231 days (33weeks) after the previous halvening (vertical blue line). If we report that period to the actual cycle, Altseason is about to start... Now. We also saw recently a big rejection in BTC.D, forming a double top at 73%, with a bearish divergence with the RSI and a big engulfing candle in the...

Crypt0p0tat0 Updated 

#ENJBTC Buy the dip opportunity: fractally repeating the previous structure and following the long term exponential curve, if it doesn't break under 1900 satoshis. Breaking under 1800 sat would mark a long term reversal, quite unlikely at this point I would say

Crypt0p0tat0 Updated 

Last (strong) support reached for $ENJBTC, touching the 3 months descending support/resistance line, the 6 months major upper trend support line (broken once during one week in March), and the 100 days Moving Average. We are quite far down from the fractal pattern shared previously, and I moved the exponential rising line accordingly. I am still expecting the...

Crypt0p0tat0

$LINKBTC on the verge of breaking a bullish wedge/descending triangle and defining the trend to come for the coming month. (3D chart) Since we are in a highly bullish momentum (RSI reached 80 on the weekly, almost 88 on the 3D chart), it is still possible that it first breaks up from the bullish wedge pattern that it is forming right now (but the pattern is...

Crypt0p0tat0 Updated 

2 options for #ETHUSD on the medium term: breakout and retest of upper limit of the rising channel + resistance zone around 500$. Or break down, retest of the lower limit of the channel around 150$ before breakout. My bias is bullish

Crypt0p0tat0

* Network Value to Transaction (NVT) : On the weekly chart, NVT is for the third time since december 2017 in the red zone and ready to dump (to be noted that during the 2014 bear market there are been also 3 NVT red zones). The previous dumps from this red zone (in November 2018, December 2017, July 2014, November 2013 and April 2013) have seen a decrease in PA...

Crypt0p0tat0 Updated 

En route for the C retrace of the big Elliot wave down from the 11.700$, up to the downtrend channel and the 0,382 fib retrace around 10.000$! We can expect the classic 5 waves up to play in daily trading. The final target will be better defined after the completion of waves 1-2... Let's play this!

Crypt0p0tat0

En route for the C retrace of the big Elliot wave down from the 11.700$, up to the downtrend channel and the 0,382 fib retrace around 10.000$! We can expect the classic 5 waves up to play in daily trading. The final target will be better defined after the completion of waves 1-2... Let's play this!

Crypt0p0tat0 Updated 

BTC couldn't pass the neck line of the big inverse H&S (black dashed line), converging with the upper limit of the main downtrend channel in logarithmic scale (thick red line), the both together acting as a serious resistance for now. Therefore, BTC should likely retrace around the 10.600$ zone before any further movement. The correcting move is confirmed by a...

Crypt0p0tat0

On a short term, after the bullish move to 10.750, we can see a slight bearish divergence that just formed on the MACD 15min (less visible here on the 1h chart), confirming the ABC retracement of the last Elliot wave . The end of the "C" correction wave should go at least at the level of the 4th wave down to 10.100 but could go lower than that, between the wave 1...

Crypt0p0tat0

On a short term, after the bullish move to 10.750, we can see a slight bearish divergence that just formed on the MACD 15min, confirming the ABC retracement of the last Elliot wave. The end of the "C" correction wave should go at least at the level of the 4th wave down to 10.100 but could go lower than that, between the wave 1 and 4 target... Let's see later how...

Crypt0p0tat0 Updated 

BTC entered a falling wedge, the bottom part of the wedge being formed by the neck of a new, broader H&S pattern. If BTC fails to stay above it, we should have another drop to the target zone at least down to the support around 7900. So far so good, BTC rebounced against the bottom part of the wedge, and we can imagine a consolidating ABC wave (or a new Elliot...