lonkozz

lonkozz

Elliot waves applied to Bitcoin with confluence to the log curves and fib extensions. Wave 5 ends at the crossing of the log curves and fib level 3.618 which is around 220k in December 2022. Just an idea, not advice.

lonkozz

I find it kinda funny that everyone was comparing 2021 to 2017 until Bitcoin pulled a curveball and all the sudden panic started to settle. I am, however, interested if Bitcoin in 2021 actually resembles Bitcoin from 2019/20. Because let's face it 2021 has been an accummulation year for BTC, a completely sideways-moving price action, basically ranging betwen 30k -...

lonkozz

Price action on AAVE has been underwhelming recently. However, I am bullish on this project not only beacuse it is a leading defi platform, but also because price is approaching the trendline from 2019-20. Also currently consolidating in a triangle pattern, so we are very close to an area of high confluence. Keep an eye on this one. Thanks! dyor

lonkozz

Long consolidation after a 40x move is about to come to an end. Potentially a good trade if Bitcion is bullish during the next months. Use fib levels to take profit. Thanks! dyor

lonkozz Updated 

NIO is up for another strong Q4 in terms of price action. Q4 2020 was pretty sweet for NIO investors as price rose from around $20 to the high 60's. NIO has been forming a triangle pattern since the beggining of 2021 and is about to break it within the next 1-2 months, likely continuing the trend to the upside. Also, price perfectly respects fibonacci levels, with...

lonkozz

Since its inception, MANA has reached the ATH 0.0006770 area against ETH only twice before the latest pump in the crypto gaming space. For the first time in 3 years, MANA/ETH has closed a weekly candle above that area. Another weekly close above would be super bullish for Decentraland, as it will be set to out perform ETH for the upcoming months. Keep an eye on...

lonkozz Updated 

Just wanted to share this updated version of my previous idea "Bitcoin - Still in the sandbox" which you can find in my profile (can't link it because I am not a PRO member...) I added fibonacci levels to locate some keys levels in the chart apart from the 30k support which I think will hold for sure. Also, I'm posting this on Aug 31 because I do expect a...

lonkozz

A triangle. A cup and handle. A successful test of the bull market support band. Above the 8 week MA (which served as support during the previous run). Entering Q4. The writing is on the wall for Bitcoin. Looking forward to the next 9-12 months as we go towards 100K and very possibly beyond. Check out my other ideas, I was quite sceptical on approaching the ATH...

lonkozz Updated 

My forecast for the next few months. Bitcoin is in a descending triangle formation. I reckon that breaking out of it at this point is unlikely due to bearish divergence, massive resistance by the trendline and the middle of the log growth curves, as well as the upcoming month of September - historically a negative month for BTC. I expect BTC to NOT hold the bull...

lonkozz

I am reading all kinds of stuff on the housing market so I decided to look at some data. This is the housing market divided by the M2 money supply. In brief - inflation is here and this thing is about to pop. To the upside. In fact prices of real estate would have to basically double from this point on just to reach 05/06 prices, accounting for the money that has...