Kyle_Kinnaird

Kyle_Kinnaird

If we continue to follow this Uptrend pattern well very well could be heading towards .006+ rolling into September. The market may be fixing to catch fire, I feel we're fixing to have a lot of Institutions incorporate Cryptocurrency.

Kyle_Kinnaird

The next Bullish Target Prices we're looking for is .34 & .42 which I have highlighted here. I believe getting great news from the Senate in regards to the Infrastructure Bill, it's Bull Market 2.0!

Kyle_Kinnaird

With the Fib Retracement tool as are approaching the Golden Line typically sens you into an Uptrend! The next 4 to 5 hours will indicate if we'll be on another Uptrend & create another Higher High, or if we break the Golden line well need to pay attention if we fall all the way back to the previous Higher Low or if we drop below it. Very exciting wekcahead for...

Kyle_Kinnaird

This is a 15 min chart indicating we should see a slight dip in price then work through the top of the Pennant followed by a Retest then a Massive Uptrend. The RSI also indicates a Triple Bottom which means a massive move is coming over the next few hours even leading into the week ahead.

Kyle_Kinnaird

Looking at the RSI it indicates were fixing to see another Massive pump towards $3400+ as we move into the weekend. It largely depends on the Senate Infrastructure Bill which is still being decided. Once it's passed we will really get an idea of what's to come for the rest of Q3 & what we have in store for Q4!

Kyle_Kinnaird

I do believe we will continue to create even Higher Highs with the Infrastructure Bill coming to a close, which will lead to the next Bull run if it goes in our favor.

Kyle_Kinnaird

On the 4hr chart we previously broke out of a Consolidation Phase now on a Retest, next we will be looking for support at .193 This will be a key resistance heading into the the weekend, if we break that resistance we may fall too .183 before we can test another Uptrend. We may be in a large Consolidation Phase through the weekend if we do fall below this key...

Kyle_Kinnaird

Is this Elliott's Wave fixing to break out of the top of this Wedge... Let's see if we gain enough momentum to push us above the 200 EMA & get a nice Uptrend going heading into the weekend. Very easily could fall short & end up in a Consolidation Phase.

Kyle_Kinnaird

On the 1hr chart we've been in a wedge pattern just under the 200 EMA. We may see a slight pullback towards a resistance line & see a nice uptrend as we move through Friday afternoon. Or we could break below this resistance followed by a retest then a large pullback. We may be in for a long Consolidation as we ride through the weekend.

Kyle_Kinnaird

We may begin to see a nice Pullback as we move through the night into Friday morning. What we need to watch for is if we are going to do a Touch & Go off of the 200 EMA, we have been creating Higher Highs & Higher Lows which is a great indication for another Uptrend. We may cross the EMA with a Retest then a large pullback too the $2,400 range.

Kyle_Kinnaird

Breaking away from the previous wedge we may see a pullback retest, do a Touch & Go off of the resistance then test out $1.70+ resistance. From there we'll see a slight pullback before continuing on a nice Bull run. If we do fall below this resistance we may see a Consolidation Phase moving through the weekend into the weekend. With Smart Contracts coming up, I...

Kyle_Kinnaird

As we test a critical resistance, what may unfold next is a Pullback towards the previous resistance. From there we will either do a Touch & Go (creating a Higher Low) to try & get on a Bullish Run We may fall below this resistance testing the previous Demand Zone & consolidate as we move through this week into the weekend.

Kyle_Kinnaird

On the hr chart you see we just broke the previous downtrend with a nice retest, now we just had a nice push through this resistance with a nice pullback unfolding. Once we hit the resistance I do believe we will jump off then cross over the 200 EMA followed by a nice Bullish trend moving into next week. If we have a large pullback that falls below this...

Kyle_Kinnaird

Going along with the previous prediction, we are moving along great as we may cut this retest short if we're able to get some Volume & Momentum to pick up. If we are able to break this resistance, I expect us to have a retest then a Massive pump up too $56K moving into the 3rd week of August. We are not out of the clear from the Bear trend, we very well could...

Kyle_Kinnaird

As you see here once we break this Consolidation phase into a Bull run well jump too .40+. I still believe we'll see 1 more pullback before the next Bull run so be ready for that this week.

Kyle_Kinnaird

If we are anywhere close to the previous Uptrend from January to April 2021, we may see $80,000+ come EOY. It appears we've been in a large Consolidation phase which means we should see another Large Pullback before we get on another Bull Run too $60,000+. Then we would need to see if we can break through the upper resistance to create a new ATH, for that too...

Kyle_Kinnaird

On the 1 hr chart I broke down the 3 Phases we are going through which will lead us into an overall Consolidation from July 27th running into August. I believe we will run along the 200 EMA moving into August, then we may see a Pullback dropping below the EMA before we get into the Bull run.

Kyle_Kinnaird

We very well may see a pullback as we roll into Friday morning as you see we broke the lower resistance & in a Retest. There is still the possibility to continue this Uptrend, but we seem to be loosing Momentum & Volume as well. I believe this is consolidate as we move through Friday into the weekend.