hodlerultrapromax

hodlerultrapromax

Bitcoin is currently seeing a decline in relative strength index . The structure doesn't not look promising to hold in the near short term. Bitcoin tends to retest the lower regions twice before major rallies and this shakeoff could be the last one (hopefully). The market could drop another 25-30% from current prices. PS : not financial advise

hodlerultrapromax

BTC is reaching closer to 4.236 extension that lies around 72-75k. In the short term, BTC is loosing strength and it may continue to head up ,just slightly above the previous ATH that lies at 64900 before the correction takes place. After that ,it may head straight to its peak which could lie anywhere between 72k-85k followed by the sudden 30-50% correction and...

hodlerultrapromax

DASH is following a very similar structure that XRP followed back in 2020. In both structures ,after the initial rise ,there was a backtest of the breakout level followed by the breakout where in both structures there was a distribution phase before the capitulation and after the bottom was set in ,there was a backtest near the bottom. In both structures ,the...

hodlerultrapromax

SOL has reached out to its full 4.236 fib extension using the previous rally top and bottom of the correction . It did had a good reaction at 4.236 extension. Most coins often stop at this extension but in case it continues to rally from here then the next target can be calculated by using the 0.236 on the top of previous rally whose 4.236 extension gives the...

hodlerultrapromax

XRP has cleared the 0.702 retracement in the short term and looks good for a retracement to 0.702 i.e 1.54usd. After this run to 1.5usd region ,XRP may consolidate for a while as seen in 2013 and 2017 cycles where XRP waited for BTC's peak and only started its explosive rally near the peak of BTC in previous market cycles. Using the rally prior to BTC's...

hodlerultrapromax

Looking at the short term : BTC needs to clear the 0.702 retracement that lies at 49268usd for bullish continuation to the upside. Previously BTC was rejected from the 0.702 (50.5k) retrace using the retracement rally (59.5k). It needs to clear this level for further upside. The next major resistance lies at 54k i.e 0.702 retracement using the top and bottom...

hodlerultrapromax

EOS current structure is very similar to its previous run . It precisely matches that fractal . With a break to the downside after the top ,it retracement to the upside followed by a fall not breaching the low set ,retraces again to the upside and again not breaching its previous retracement high and followed by a break to the downside setting up the low of the...

hodlerultrapromax

EOS current structure is very similar to its previous run . It precisely matches that fractal. With a break to the downside after the top ,it retracement to the upside followed by a fall not breaching the low set ,retraces again to the upside and again not breaching its previous retracement high and followed by a break to the downside setting up the low of the...

hodlerultrapromax Updated 

BTC shows complete 7 wave crashing structure and has held the support region. Last wave in BTC was the capitulative wave where people panic sold and got liquidated. Correction is over. BTC got rejected from the 0.702 using the retracement rally of may and 50.4k to 54k is the region of heavy resistance. In my TA , BTC and other alts are yet to peak and there is...

hodlerultrapromax

Xtz has been dormant since last summer in this market cycle and has been ranging for almost a year at this point. Recently XTZ has started to show bullish momentum again and with an upcoming altseason XTZ may outperform other coins in the top 50. Looking at the short term,6.53usd may be the region where XTZ may face resistance before breaking into new local...

hodlerultrapromax

BNB current ATH lies beyond all fib extensions. Using the Rally prior to BTC's capitulation in 2018 .BNB reaches around 145 usd i.e the 4.236 extension from where it had a pullback. Using the Using the peak of 2019 and placing the 0.236 on it . 4.236 reaches to 640usd ,which is near to current ATH which lies at 689usd. Usually most coin get a rejection at...

hodlerultrapromax

ADA has been one of the early runners in this market cycle and it has cleared all major retracements levels unlike most alts which are lagging behind ADA. Since ADA is on ATH levels,the run to the upside is not that big (at least in %) and people are fomo-ing into ADA instead of invested in coins which have not pumped. ADA will likely peak around 5.5usd i.e...

hodlerultrapromax

BTC has done a potential ABC correction with B leg retracing right to 0.702 before reversing. However the C leg can still dip a little more but current levels seems fine for the bounce to the upside. BTC has been struggling near the 50k region and these dips usually occur to scare the retail before mega rallies. BTC is still in a retracement and the 0.702...

hodlerultrapromax

LTC current crash is very similar to BTC's last previous . Comparing the BTC structure with LTC, In both structure, the major downside move came right after rejection from 0.702 retracement. Going by the BTC previous crash structure,LTC is right at the support zone from where BTC bounced off several times before reversing to the upside. Support region for LTC :...

hodlerultrapromax

ETC is hovering over the top of the retracement rally of 30th June and finding some resistance. Break of this would take ETC to 130usd i.e the 0.702 retracement. ETC current structure is quite similar to its entire bear market from 2018 that lead its way to $180. In this structures,ETC sets a low ,retraces to 0.236 and falls down without setting a new low. When...

hodlerultrapromax

BTC seems have to completed the 7 wave corrective structure which consist of 7 waves : where wave 5 has 5 waves and wave 6 retraces to/near wave 4 within wave 5 followed by a capitulative wave 7 which marks the end of the correction. Also BTC has bounced from 0.702 which acts as reversal zone. The BTC has filled the gap in the 44k region. Various Alts shows...

hodlerultrapromax

ETC has been hovering over the 58-60usd region since last few days. Now it has cleared the 0.702 retracement of the fall down from 8th August. The structure looks bullish. Next Target in ETC : 130USD i.e the 0.702 retracement of the whole move up to the bottom of the correction. #NFA

hodlerultrapromax

XRP has been battling with the 200 Daily MA and has shown strength in the short term. Its structure is quite similar to what we have seen with July 2020 XRP Rally. where XRP rallied to 200D MA ,got rejected came back down the range without breaching the previous low, consolidated there and went straight to it again and failed to close above it and next day...