UnknownUnicorn26456470

UnknownUnicorn26456470 Updated 

Stellar Lumens potential Golden cross forming on the ETH dominance. Will see how this plays out over the coming weeks. This has only happened one other time and that was during the 2018 alt-season this is the closest it's been since money is rotating out of Ethereum and suggests XLM is closer to a bottom than Ethereum.

UnknownUnicorn26456470

XLM topped out when it reached its previous cycle highs market cap. It also is reacting to previous support tested on the market cap, not the price chart.

UnknownUnicorn26456470

I made this chart a while back and never shared it, it might be useful for someone out there. BTC bear market targets go as low as $1.7k but reasonable targets range in the $5-8k region.

UnknownUnicorn26456470 Updated 

I believe BTC is going through a very large ABC correction I believe the retracement rally will begin within a few weeks. The retracement rally will lead to bitcoin putting in lower lows it looks like the 300Week MA at $16.5-$17.7k is likely the bottom before the retracement rally comes in. We're getting in the region I'd be expecting the bottom to come in at....

UnknownUnicorn26456470

I believe BTC is going through a very large ABC correction I believe the retracement rally will begin within a few weeks. The retracement rally will lead to bitcoin putting in lower lows it looks like the 300Week MA at $16.5-$17.7k is likely the bottom before the retracement rally comes in. We're getting in the region I'd be expecting the bottom to come in...

UnknownUnicorn26456470

Typically the reason for these downtrends has been due to the altcoin market taking off. In this instance, it's because the altcoin market is dumping less than bitcoin and Ethereum. We've never seen anything like this and it's hard to predict exactly what will happen. Based on the 2018 fractal pulling down to the 40s seems possible but we've never seen BTC and ETH...

UnknownUnicorn26456470

This is a trend we've never seen before in the altcoin market. Most of the Altcoin market is outperforming both BTC and ETHEREUM whilst the market is a down-trend the only major difference between 2022 and 2018 is the stable coin market cap. I couldn't give you a reason as to why this is happening, perhaps the ETHEREUM bubble and BTC bubble is larger than a lot of...

UnknownUnicorn26456470

BTC has been been in a downtrend since December and I've been anticipating an ABC correction coming in but timing the seller's climax has proven to be incredibly challenging. BTC is getting near the previous cycle top which should turn into support if BTC reaches $19.5k

UnknownUnicorn26456470

This looks like a larger ABC and the 2021 bull run was actually a corrective structure leading to a C wave. This is because the B wave was a lower high than in 2018, this is not unlike a lot of 2018 coins that have not set a new ATH. It retraced to the .618 and assuming a and C are of similar lengths we get a C-wave target at around $0.88. The 5-wave corrective...

UnknownUnicorn26456470

We still have 1 last phase in this Wyckoff distribution before entering a prolonged bear market which should involve an ABC correction into the LPSY.

UnknownUnicorn26456470

The $ DXY has continued to push higher throughout the year and in general, the $ strength should remain high for a while longer. The $ is set to make up the ground it lost to the AUD before losing its strength.

UnknownUnicorn26456470

The XRP to BTC ratio looks like a possible ABC correction is playing out which should lead to a 5 wave impulse.

UnknownUnicorn26456470

I've seen a lot of people posting about a V-shaped recovery it's more likely we play out a Wyckoff accumulation for the next few weeks and months. Be very careful with the target I produced for the spring I got this target by taking the initial crash and using that on the retracement giving us an ABC correction. It gives us a target of roughly $23k. The $53...

UnknownUnicorn26456470

Ignore the timeframe. I expected the retracement to not take out $33k so the best case scenario is a Wyckoff accumulation into a retracement. If BTC heads lower it's like a new ATH or a bear market.

UnknownUnicorn26456470 Updated 

XLM is forming a possible head and shoulders. A possible bottom is in for XLM. I think right now is a really good time to buy and accumulate this coin.

UnknownUnicorn26456470

I wouldn't buy into most altcoins until Total 3 is at least at the .786 retracement but possibly wait until a .886 retracement. Total 2 has even more room to move down indicating Ethereum is going to have a very bad May.

UnknownUnicorn26456470

Iota could head into the mid $0.40 level as there's a possible ABC correction forming for IOTA. There is strong support but I'm cautious about entering IOTA. Just trying to give you both scenarios. If it hits the $0.40 region it's an excellent entry point.

UnknownUnicorn26456470

AVAX is in a long-term bear market. What we've seen so far is just 1 of many retracements to come for AVAX. Usually, we see relief rallies come in. This is why I stated this a possible ABC correction nothing is confirmed yet but I would bet against a new ATH being set in 2022 for AVAX.