init4datech

init4datech

No analysis, simply an observation of what the market has been preparing for for many years. Since 2017, the ICO era, since then the market has matured to a completely new level. Be careful with following Ben Cowen and other social influencers. Given the market maturity since 2017, I believe what we call alts season will turn into a slow steady growth, last...

init4datech Updated 

Clear cup and handle pattern, 2023 will be the year of the next Asian financial crisis just like in 1997 triggered either by Thailand or HongKong, only this time it will be Taiwan I believe. Anyone who haven't bought a new PC, laptop or a smartphone yet, do it now, shortages of microchips will be insane.

init4datech

Algorand is in a brutal Broadening Wedge Pattern, according to the textbooks it should do what is shown. Many alts, either OGs or legit layer-1 chains got absolutely rekt versus BTC caused by uncertainty of many things, Macro, SEC, bankrupt crypto lending companies, QT, scams like FTX and so on. Too many bad things and actors in the market and god knows what else,...

init4datech

Textbook - bullish butterfly harmonic pattern. EOS price target over 50 usd, in best case of scenario. What may boost price growth: 1. Huge upgrades coming in 2024 2. Recently launched RAM core token to empower EOS ecosystem, a highly scarce token that takes EOS out of circulation. 3. Recently launched stable coins platform, issuance would require taking EOS out...

init4datech

Textbook as always, will it work this time ?! comment below.

init4datech Updated 

Asia will be shaken to the core once again, but that's good news for China, first, for CCP it is an opportunity to step in and replace dollar with yuan, making countries in Asian region to submit to the Yuan power, de-dollarization of Asia. The first crisis was triggered by the handover of HongKong to China, this time it will be takeover of Taiwan by China....

init4datech Updated 

Posting this to see if this will turn out to be true, looks promising, another bullish case for ALGOBTC.

init4datech

Comparison of 2017 chain of events to 2023. It seems that a whole new cycle growth begins with the government crackdown. It is done in advance to try to minimize crypto exposure for the public, suppress inevitable growth of crypto when it enters a new cycle. The main concern for the governments and the banks is that with each growth, it causes millions if not...

init4datech Updated 

Applied wyckoff accumulation to EOS, this coin has been in the market for so long almost makes me feel like it's about time, massive multi year chart could be the second half of Wyckoff accumulation schematic.

init4datech

Clear Cup and Handle pattern. Ethereum currently has much better tokenomics compare to BTC due to ecosstem of dapps, NFTs, offering lending, borrowing and other services, as well as burning mechanism making ethereum deflationary. And that is just a tiny drop in the ocean, there are many other strong alts with huge ecosystems that will contribute to upcoming rally....

init4datech

Another idea that I have is algo diamond bottom pattern, in addition to my old idea of brodeading bottom pattern posted months ago. On logarithmic chart you can see the target, according to textbooks. ps\ FIFA is in November, in case if anyone needs the news to justify that possible price increase.

init4datech

Same idea, from 2021. Algorand is still forming a broadening bottom pattern, prefectly according to the textbook.

init4datech

According to that chart we may experience another bitcoin dominance drop, the entire market shift to Proof of Stake mega trend and it will mark the birth of a new global decentralized economy.

init4datech

Updated. Publishing for myself to see if that broadening wedge bottom textbook plays out or not. ALGOBTC is in descending channel (red) and in broadening wedge bottom (yellow) both.

init4datech

Just posting it for myself and others to see if that turns out to be true.

init4datech

As always, simple idea & simple chart, enjoy. Been waiting for this so long, I guess this is the time.

init4datech

pretty simple idea. Enjoy.

init4datech Updated 

Go google it, it's so classic and obvious that you can't miss it, Silvio Micali is going to launch it!