ANOTHER SCENARIO HERE. FIRST OF ALL, YOU CAN SEE FROM THE VOLUMES AND THE LENGTH CYCLE THAT WE ARE NOT AT THE END OF THE BULL. CURRENTLY WE ARE IN LINE WITH THE THIRD CYCLE. THE CORRECT APPLICATION OF THE LENGHT CYCLE SUGGESTS DECREASING RETURNS AND A LONGER TIMELINE TO REACH THE TOP. HOWEVER, I SEE THREE SCENARIOS HERE, COMBINED WITH OTHER TECHNICAL...
AFTER THIS TEXTBOOK MANIPULATION, I EXPECT MODERATE CONSOLIDATION FOR 1-2 MONTHS AND THEN WE START MOVE UP. EVERYONE IS EXPECTING A BEAR MARKET. HOWEVER, THAT'S WHAT THEY WANT, EXTREME FEAR. IT'S A TEXTBOOK EXECUTION OF AN INTENTIONAL DECEPTIVE CAMPAIGN TO TAKE MONEY FROM UN-INFORMED INVESTORS AND SHIT COINERS.
THIS IS THE SCENARIO B. FOR THE SCENARIO A SEE THE RELATED IDEA BELOW.
CURRENTLY, WE ARE AT -40%. IN THE IMMEDIATE SHORT TERM MANY PEOPLE ARE SAYING WE ARE GOING TO 31K$ AND I CAN SEE WHY...THAT WOULD HIT 2 GOLD INDICATORS... SO YEAH, I CAN ASSUME SOMETHING LIKE THAT TOO. HOWEVER, YOU KNOW, WHEN PEOPLE THINK SOMETHING IS GOING THERE FOR SURE, THE MARKET DOES THE OPPOSITE. THE PREDICTION FOR THE NEXT 4-5 MONTHS IS 150k-160k$...
IF ADA REACHES THE TARGET PRICE OVER ETH AND ETH CHILLS FOR A LITTLE BIT THAT WOULD MEAN --> ADA BETWEEN 2$-2,5$ SUPER SOON!
IT LOOKS WE ARE GOING TOWARDS THE END OF A BIG RISING WEDGE. AFTER THAT, I IMAGINE A BIG PUMP OF BTC. SOME NFT ALTS MIGHT ALSO PERFORM WELL IN JUNE. STAY SAFE.
IT LOOKS LIKE WE JUST HAD A CONFIRMED HEAD AND SHOULDER WHICH BROKE DOWN A RISING WEDGE PATH AND BOUNCED AT THE FIB SUPPORT. IN MY OPINION, SUPER BULLISH. HOWEVER, I WOULD SAY A NEUTRAL SENTIMENT FOR A COUPLE OF DAYS? LET'S SEE. THIS IS NOT THE END.
I PREDICT THE LAST PUMP BEFORE A GOOD COOL-OFF OF ETHEREUM ---> LET'S GOOOO SHORT TERM PRICE PREDICTION (BULL SCENARIO): 3250€ SHORT TERM PRICE PREDICTION (BEAR SCENARIO): 2300€
ELROND IS ON FIRE BUT STILL UNDERVALUED, TECHNICALLY AND FUNDAMENTALLY. - CRAZY TECH UPDATES - SUPER BULLISH TECHNICAL INDICATORS 650$ IS THE NEXT STOP!
THE LOG GROWTH CURVE TELLS US 10K IS POSSIBLE FOR OCTOBER (TOP OF THE MARKET)
QUICK UPDATE IN LOG SCALE. IT'S GOING TO BE FUN!
2 SCENARIOS HERE (BLU VS. VIOLET). ANYWAY, IF BTC REACHES 150-200K$ THAT WOULD MEAN BETWEEN 20K-35K ETH.
ADA/BTC is telling me something different. Something even more bullish. Let's see.
ADA is chilling lol (even with the Africa news)! It's super ready to pump in May up to 2.80$! Anyway, 2$ is easy in May. Look at the RSI (the lowest of the past year). From that point, we had +1000% in 5months. I'm expecting something similar for this next Q2-Q3 cycle. My final forecast is approx 10$ ADA. A conservative scenario is 6$. This is very easy. I wonder...
Great support. Let's go!!!! CEL will top up mid-Sept. RSI explosion is imminent.
QUICK UPDATE FOR BONDLY: FIB 0.78 WAS HIT. NOW WE ARE READY TO HIT 2$ FOR THE END OF MAY / BEGINNING OF JUNE! STRONG RESISTANCE AT 0.51$-0.70$ FIRST, THEN PUMP HARD. I REPEAT, this project is super undervalued: - great fundamentals - binance 100M support - NFTs and DEFI - platform - huge network - great roadmap - great team - under 50M market cap - very very few...
Quick update. If BTC does not stop at that 39k euro target, the next targets are the ones I explained in the previous update. BTW, we have fully reset the RSI on the daily. That is sooo goood. I confirm 84k euro (100k dollars) at least for the first week of June.
Very bullish for the next few weeks. Once we go above 1.11$, UTK could easily reach 7-10$ at the top of the bull (still a low cap token now)