Eth Dominance and Eth/Btc have retraced to the 23.60% fib and hit 4 year lows, so old sleepy is about to wake up Potential targets are on the fibs, how high we get depends on the strength of the whole market On the news side see the linked Starknet chart, this Erc-20 project could solve all Eth's scaling and fees problems
Eth Dominance like Eth/Btc has hit a 4 year low in a market with 4 year cycles A full retracement shows from the 100% fib back to the 23.6% fib - This means we will see a bounce from here back up to the 50% fib at least, approximately a 90% increase for Eth Dominance and consequently Eth/Btc Erc-20 coins will get pulled along for the ride
What is the 4th most used blockchain after Btc, Eth and Sol? That's right it's the gaming platform Ronin, but of course you knew that The 1 day chart is forming a nice descending wedge - Confirmation of a breakout would be a candle opening above the wedge We can expect a standard retracement to the 50% fib as a first target, but who knows, maybe the 4th...
There's good volume on this little coin and with good reason - It recently surpassed Chainlink as the Erc-20 coin with the most dev activity - Considering how important Chainlink is to the Ethereum blockchain this is worth noting... From their website - Starknet overcomes Ethereum’s scalability limitations. Starknet is a Validity Rollup that provides...
Will Sol/Btc follow a similar path to Eth/Btc - It seems like Eth needs a rival, previously thats been Neo/Eos/Ada..so that case what is the next Sol - Opinions are welcome...
Solana has probably been the best performing of the last couple of years - It was even generous enough to give everyone who missed it the first the same chance at massive profits again - However the markets love affair with Sol has dwindled, once the 4th biggest coin by market cap is now down to 6th, it seemed like the Xrp rally somehow wounded Sol and not only...
Eth/Btc has been in decline for over 2 years - If we're generous we could say its hit an ancient trend line, but can it hold? As the second biggest coin there is so much money in Eth, it seems strange for the market not to take advantage of this massive cash vehicle - With Btc so relentlessly bullish its currently pointless to hold Eth against it, but this may...
Lets see if this pattern plays out to the maths - the drop should equal the rise - This is a different type of chart than i normally draw and shows lower prices but i'm interested to experiment with a classic pattern
Unless Xrp can push up thru the downtrend the downtrend is going to push Xrp thru the 61.80% fib - If a triangle pattern like this plays out then the price will drop equal to the rise - Look for a breakout thru one of those lines for confirmation...
You know it has to happen - Apart from the obvious Gravestone Doji we have a perfect trend line hit from the 20k top thru the 69k top and clipping us off here at 108k - We're going to bounce on the way down but Gann scaling and Fibs put the bottom around 33k in spring to summer 2026 - Good luck peoples - Happy Xmas :)
Rising wedge patterns appear to be forming - Btc needs to reject at just below $100k and Eth around $3600 for the pattern to play out and the price to drop significantly - The timing should coincide with the monthly candle - If the market is kind it gives the longs a last chance to get out...
Lower yet towards the 23.60% fib and Gann 8x1 fib ray, $1200 area before a bounce worth getting out of bed for
Theres no rush, a lot of my charts point to September. To be honest i think Btc has had it in these security state times, i always did think Satoshi was CIA ;) - A good percentage of my Btc cold wallet will move to privacy coins when they hit bottom
Jolly crypto pirate captain Elon shilled lots of new players aboard the Titanic with predictable results, some are probably still clinging to the rektage
You're 36 you're too old, let go, nobody listens to techno
The red 1x1 Gann fib fib is the major ascending support of this movement - After 3 hits for eth candles on the 5th arc the support of the 1x1 is likely to break this time - This will be a very bearish signal for Eth, Alts and the market as a whole
Potential and perhaps obvious target? Speculation welcome