cryptechcapital

cryptechcapital

BTC is showing clear signs of nearing a breakout. The upper trendline (marked in yellow) is the key area to watch, and it’s only a matter of time before it gets broken. After completing a significant reset at the bottom of an XYZ or ABC pattern, BTC has now entered an impulse wave, suggesting we’ve moved past Wave 4 correction. What’s intriguing is the timing:...

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BNB has made a decisive move, breaking its trendline and completing Wave 4 in a classic Elliott Wave triangle. For those new to Elliott Wave Theory, Wave 5 represents the final push in the current trend, typically leading to impressive gains. Currently, Wave 2 of 5 is nearing completion, and this sets the stage for Wave 3 of 5, often the most powerful wave in...

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It’s becoming increasingly clear that SOL, much like BTC, is forming a cup and handle pattern. Once the trendline is decisively broken, this pattern should lead to higher highs, with the target being roughly the same distance as the height of the cup from bottom to top. If a breakout occurs, SOL’s target could be significantly impressive. However, unlike BTC, SOL...

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Understanding Fibonacci-like Sequences and How 9221 and 28008 Relate to Dogecoin In the world of mathematics, the Fibonacci sequence is a well-known series where each number is the sum of the two preceding ones. While the original Fibonacci sequence starts with the numbers 0 and 1, variations of this sequence can start with any pair of numbers. These modified...

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LTC Price Action Analysis: LTC was expected to break out decisively and resume its upward trend a few weeks ago, but it now appears to be forming a larger WXY corrective pattern. However, the C-wave of Y isn’t perfectly fitting within the expected structure, leading to some uncertainty about its completion. Currently, I’m holding onto this pattern as my primary...

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Bitcoin appears to be in Wave 4 of a 5-wave cycle. • The bottom of Wave 4 likely occurred around mid-August. • The current impulse should: • Decisively break the blue trend line. • Retrace to sit on the trend line for waves 2, then proceed to waves 3, 4, and 5. • The dashed line represents the length of Wave 1, which is often matched by the length of Wave...

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One of my favourite phrases is; 'if in doubt, zoom out'. By zooming out, most of the clutter, the ups and downs are removed. What you're left with is something incredinble, clear and simple. By the nature of BTC it is unpegged from the success or a failure of a business, like a stock. So therefore is the business is failing, as will the stock - unlike Bitcoin. It...

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Interesting to see XRP drop so much the last week due to the news about the filing. Sadder still not have seen a decent bounce. It makes me wonder whether the overall sentiment of XRP is bearish. In any case, there's a potential for a fractal here as described in the image. So, very resrevadly I'd be going long on XRP but absolutely not using this as an...

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Looking at BTC / USDT it looks as thought wave 4 of 5 may well be complete. Based on the event we can see here, it looks as though wave 5 has started. We should see climbs for another 1.5k or so, before seeing the unavoidable correction using the typical ABC pattern down to 56k or so, then into wave 3 of a larger degree of trend and reume the upward trajectory.

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Elliot wave triangle forming for (4). Looks good to me, might need a couple of adjustments but general on the up. SL below support line.

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The 'arcs' show hurst cycles that could indicate the most recent 80 day nominal cycle as peaked, which means waves 1-5 of (1) have completed and a natural ABC(2) correction has started. We're potentially going down into the rectangle highlighted in purple which would equate to a retracement of 0.618 of Fibonacci retracement.

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I predicted the touch of the upper support line a few days ago. Now, with this confirmation we're looking at an ending diagonal with 4 playing our currently.

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Gorgeous correlation here using Fibonnaci. It looks as though we've just completed wave 3 of 5 for C. Sideways for a couple of days, a little more up and then DOWN.

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It's as simple as that people. Support has been breached, one simple touch on the support line and then down for lower lows. Could be today, could be tomorrow.

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Is it not this simple? Looking at the volume and a typical ABC pattern it looks as though we're in for a bit more down before we see wave 3 of the overall trend that will take us back up to all time highs over the next year or so.

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It would seem that volume is the key indicator here again. There is nothing in recent times to show that Eth will create a new high in the coming weeks. One possible scenario is what I've outlined; that we are still in a elongated correct for with a long and dreary A,B,C yet to complete. Love to hear your feedback, let me know what you think.

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There can be no bull run without volume, it's just not there. Upward pattern will almost certainly end up in a downward trend to circa 18ks within a day or so.

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Volume is looking ok therefore this is either 1 of 1, or 5 of 3-5-5. 4 ladders suggested. Either way, come out circa 26k as it could go lower down to 5k within a few weeks - which will almost certainly be the bottom.