NutFarm

NutFarm Updated 

this is how I see it, not financial advice. This is a crashing pattern that I notice happening a lot in crypto. It doesn't follow Elliot rules, but rhymes with them. I give some examples of it over in the related ICP idea. If it plays out like the other examples, there is one more push left. best of luck to all.

NutFarm

This is how I see it, DYOR. I noticed that the crashing pattern on ICP was eerily similar to other strong moves Some examples are GRT release on Coinbase and the recent BTC impulse up into the Wycoff. The pattern doesn't exactly follow Elliot rules, but is Elliot-ish as well. Basically 5 wave move...triangle forms near the tip of wave 4...triangle breaks in...

NutFarm

downside and upside targets in pink after a break out

NutFarm

Propy uses NFTs for real estate transactions, is the WEF innovator of the year, and has ties to Flare whose launch is imminent.

NutFarm

how I am seeing it right now. My upside targets remain unchanged

NutFarm

This is how I see it, not financial advice so we are in the midst of a flash crash and recovery with a wick testing the lower trend line that I have been tracking for a long time and a round number support zone. The dip was bought back quickly with price action retreating back into the symmetric triangle discussed in the last post. To me, this looks like a...

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This is how I see it. Not financial advice. So XRP has set up a symmetric pennant that conveniently lies between 2 major price milestones. Measured moves from a break (up or down) take us to these levels, and it is really hard to tell in the near term how this may go. I am not trading this pattern. Both scenarios look plausible, and the triangle hasn't been...

NutFarm

Hello traders, So I was messing around with fibs, fractals and wave counts today and ended up here for the weekly chart. 1) yellow lines are the fib retracements of the entire bear market from the all time high. 2) purple lines are the fib retracements of the crash following the SEC lawsuit news. (note that the all time high coincides with the full purple...

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Hello traders, this is an update from the previous idea linked below. (same chart and lines, just some time has passed. Zoom out to see the macro-analysis). XRP had a good weekend as it broke the years-long symmetric triangle consolidation with a strong bullish candle. It continues to be strongly bullish today and I will consider the breakout confirmed if we...

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hello traders, this is how I see it It looks like GRT is starting to select the bearish scenario from the previous post. The diagonal support broke. We went back for a retest and were rejected. I have my buy targets on the chart if it plays out as an A B C correction.

NutFarm Updated 

Highly speculative, but GRT looks like it is starting a 12345. Bullish scenario follows the lines on the chart. Short term bearish scenario: the diagonal support breaks and we retest lower. Interesting times.

NutFarm

Will open a position if the support holds on the weekly close. Not advice, I don't know what I am doing.

NutFarm

just an idea, I am still learning.