First 5 waves up have completed and we're currently working on the correction process - yes we can fall down more but it will only be another buying opportunity - Expecting this to do very well once alt season kicks off.
Chart long term looks very good with the view that $5~ was our stone bottom and we are early days of what appears to be a new bull trend - structure off the bottom is textbook impulsive and is giving me more confidence in this forecast - Accumulating here seems to be a decent play for a long swing to capture a potential upcoming alt season.
Currently Seeing 2 scenarios for BTC - 1 is we correct down to 64k~ then blast to 100k/130k - 2 is we are working on a larger correction which will see us fall to 40k levels.
Cat meta is coming and fomo will take over - watch multiple cat meme coins run into the billions.
Chart setup looks poised to go parabolic...It's not too often you see these so perfect so moon it.
To all the bears who think the top is in...YOU'RE FIRED!, Seriously there are so many signs pointing to more up...if you can't see it learn to read charts or better yet go to specsavers...
I see a lot of fear in markets and many thinking a top may be in...I really struggle seeing how for many reasons and I think we got more up left till this party ends.
It's all looking pretty clear that we're going much higher and bears are still stuck in loserville hoping for a better entry they would not buy anyway...I'm expecting a blow off top to come at the end of this year Nov/Dec but won't be too surprised if it trickles into next year.
Boden and Tremp on Solana are the best picks to capture the political hype - expecting both of these to do very well for the remainder of this year/lead up to election - notable mention would also be (huntboden) although it's much smaller/higher risk the upside is def there.
Correction should probably end soon and then rip, looks to be a big wave 1-2 completing so this is made under the assumption we start wave 3 soon.
Looks like we're on the last leg here of this impulsive move and we will probably top out later this year to complete our 5 waves and after that it will be a multi year bear market...maybe much longer.
It's Really this simple...targets could be higher but this should cover our next impulse leg which I assume will take a few months...If $56,499 breaks I'm wrong.
Chat is always one of the best indicators in markets and counter trading them usually ends very well - I'm of the belief our corrective low is in at 56k~ and we're going to new highs off here.
I'm of the belief that this correction has completed and we're at the start of our next impulse leg, Structure off the low looks impulsive and our break/re-test of the fork is pretty good confirmation this ABC has terminated.
Looks like the correction is probably complete here and we're starting our next impulse leg, Still expecting this to cycle top Nov/Dec this year around 130-150k~
I'm of the belief we don't have a cycle top in markets until small caps have a huge run, Going forward I expect a huge speculative frenzy to take place and cause mass retail participation/FOMO - This will also be aligned with Crypto pumping - However all good things come to an end and I believe if this plays out how I think we will go down for years and maybe...
Thought I would make an idea outlining the potential Bull case here - not sure how accurate the targets/timelines will be but it's a fractal guideline of what can take place.
I'm of Firm belief these will do very well for the remainder of this year and shock the masses, There is obviously a handful of other memes on Solana that are good but these would be my top picks.