ETH is just doing a simple retracement b/w the .382 and .5 Fib retracements zones. Next PTs for ETH using the 4 hour swing low and swing high points are as follows. PT1: $3,177 PT2: $3,740 Will follow a trajectory similar to the orange line I posted. Once we take these two price targets by end of May, we can then target ATHs again by mid-June imho. Bonus...
BTC is ranging b/w fib retracement zones - very typical in a big drop like this, but don't get caught in the FUD as eventually BTC will turn and make headway toward the fib extension zones in a pattern that I've drawn in orange. PT1: $49k PT2: $57K
The $28 is a special Fib-confluence I found and it coincides interestingly enough with the slope of the trendline that FTM has found itself bumping along the entirety of the bull market. The tentative end-cycle macro top will be in late September which would meet our $28 target for FTM. On the Fundamental side, this coincides with a justification of the TA - FTM...
The biggest development on RAMP thus far to date is that they will be integrating MATIC's L2 solution which means we are about to see a Cambrian explosion of ETH related vaults in the coming month once they integrate with MATIC and this will correspond to an increase in adoption and then an increase to our PT Recap of this week’s AMA(May 19): -Cake vault is...
BIDAO (BID) has just posted a Hash Ribbons Buy signal (along with several early bird altcoins like COMP and LINK)... the last time BID posted this signal, it rose >250%.... combining the fact that it printed this buy signal inside a Bull Flag should compound the return most likely above my price target over the next 35 days - but let's see how this plays out....
All on the chart - just for indicative purposes - use this as research, not necessarily to drive a single decision but to compile multiple data into stronger conviction that gives one intelligence to make a move. We are experiencing a V shape recovery imho.
BTC is currently in another selloff but not to worry again as I said the lowest it goes here is likely $39k (or slightly below) but I don't think this will be the case. Typically when the FUD is at its greatest and the BTC chart looks like cancer, that's the time to buy. The China FUD is completely ridiculous considering they ban bitcoin every 5 days. Ignore it....
After blood has been in the street, several altcoins have triggered Hash Ribbons Buy signals (and BTC is about to print one which has never occurred in the history of BTC DURING a bull market). COMP is one of the first to trigger this buy signal which suggests it will also be one of the first to reach its ATH before other altcoins and then some. LINK just...
Another altcoin everyone should be watching is XRP which in a weekly candle view is currently trading inside my favorite kind of bull flag - a flat top bull flag. Again, I'm not here for the cultist and triabilist mindsets on xrp as I know I am sure to get some comments - this is about protecting your capital - treat it seriously as this isn't a meme coin. Brad...
FET is performing well in this BTC selloff, yet again another signal that this is going to be a monstrous altcoin season - the amount of capital that is in dollars right now is staggering and the fact altcoins didn't sell off as much as they normally would have signals to me that there is going to be a wall of capital moving into alts just like we saw in 2017 when...
This is a project that I don't like too much as the team rarely releases information but from a TA perspective it is moving. Do not buy yet though, do wait for a retest of the upper flag line if you are going to buy... but again I heavily caution this project as the team rarely releases updates and pretty much disappeared - it is led by a kid programming protégé...
XRP/BTC is showing beautiful movements and is breaking out of a symmetrical triangle as we speak. Interestingly enough, XRP/USDT is also inside of a symmetrical triangle on daily and weekly candles. Additionally, we have a very bullish MACD crossover, the last time this occurred was the beginning of April when the price ultimately went to $2 USD. We are clearly...
Yes - BTC is in a selloff once again but this is normal and we've seen this before. In fact, in 2017 we had 5 instances where BTC traded to the 21 Week EMA and even below if for periods of times before the weekly candle close occurred. This is ONLY the first time BTC has touched the 21 Week EMA in this bull cycle and it is actually very healthy to maintain the...
Guys, no worries. Papa ich1baN has you covered. BTC is performing just as it should (Elon or no Elon) and we are doing perfectly fine as we just touched the 21 Week EMA which is absolutely crucial to continuing a healthy bull market that will now ignite an altcoin run like none other. Do not let dips like the one we just witnessed worry you - instead you should...
The FTM Network just announced today that they have grown from 3 million transactions 2 weeks ago on mainnet to 10 million transactions today... it's an insane amount of ETH network related activity moving over to the next gen Layer 1 protocol. twitter.com FTM is about to bend matter again as the continuation pattern is playing out from the bull flag breakout...
Based on the ONT/BTC pair of ONT, this chart could get parabolic in terms of USDT - check out my chart here on the ONT/BTC pair: ONT on the BTC pairing just broke multi-year accumulation on March 22nd and now it begins a parabolic move higher. Price targets on chart. Not financial advice.
FTM is looking like it is about to go parabolic on the BTC pairing since it is in price discovery mode. FTM is a solid DeFi project with solid fundamentals and it looks like it will get a major run here. Not financial advice.
Not financial advice but this is the potential of ONT as it recaptures its old ATHs on the OTC/BTC chart. Imo, the $21 PT will be the first altseason cycle top and the $74 PT will come during the blow-off top cycle end.