shubbs

shubbs Updated 

This is the total market cap crypto chart since 2015. Notice there are two lines drawn; one is long term support and the other is long term resistance formed from the last two cycle peaks. Focusing on the long term resistance line the following are the top cycle dates, Bitcoin market cap, Total Crypto market cap and % Bitcoin of the total market cap at the last...

shubbs

I have illustrated this inverted head and shoulders on the ETH weekly chart. Despite the current bearishness in ETH, I believe it will change with time. I have included an Elliot Wave projection for the rest of this cycle. I think ETH could reach $15000 or more by Oct 2025. This kind of prediction presumes BTC will go to $400,000 or more and ETH outperforms...

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The sideways to down movement in Bitcoin since Dec 5th when it hit its $104,000 ATH has all been just a 10 day cup and handle that has formed. The cup depth is about $12000 as measured by the vertical line shown on the chart. I cloned that line and put it at the expected breakout of the handle. The price target for this cup and handle is $117,300 and it could...

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A long term cup and handle has formed in FLOKI crypto. As you may know this is the meme coin with the same name as Elon Musk's dog. Looking at the chart FLOKI topped in Nov 2021 and then topped in the same price area earlier this year. It is now forming a handle. When 0.000345 is exceeded, I am expecting an explosion in price to the upside. I have a vertical...

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This is the 3 month chart going back about 25 years. MSTR peaked in March 2000 at $333. It's formed a 24 year cup and handle that broke out earlier this year from the $333 cup top. When you clone the cup depth on a log chart and add it to the cup top it gives a long term astonishing price target over $42000. For 2025 I'm not expecting that target. It could...

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Gold on the monthly chart has broken out the last few months from a large cup and handle formation since the near $2000 top in 2011. The bottom of the cup is $1000 or so. The top of the cup is $2000. The cup depth is cup top - cup bottom = $2000- $1000 = $1000. The minimum price target is cup top + cup depth = $2000 + $1000 = $3000. I believe from the...

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SOL outperformed ETH in 2023 920% to 91%. SOL outperformed ETH so far in 2024 43% to 4%. I am projecting SOL to continue to significantly outperform ETH in this cycle from now until the approximate market top in Oct 2025. As such I've decided to unstake the Lido stETH in Ledger and claim the equivalent ETH six days from now. The plan is to send that ETH to...

shubbs

After bottoming at $62212, BTC has put in a 3 river morning star pattern on the 4 hour chart. Confirmation of this bullish pattern will come in the next 4 hour candle; if up then a new uptrend is in progress.

shubbs

The 4 hour chart shows a good cup and handle formation that is breaking out over resistance now. The cup depth is $420 and the resistance broken is $3280. Cup depth + Cup top (resistance) = target price; $420 + $3280 = $3700. ETH should lead the way in May with a possible ETF by May 23rd. :)

shubbs Updated 

Bitcoin overnight broke out of the symmetrical triangle it's been in for the past couple of weeks. From $59.2K to the $73.8K ATH, the depth of the triangle is $14.6K. The breakout area of the triangle was $70.4K. $14.6K = $70.4K = $85K as a target for this breakout in the coming weeks.

shubbs

There is a giant cup and handle on the SOLETH weekly chart. The target is about 0.11. So when ETH gets to $10000, SOL should be about $1100. Or when ETH gets to $15000, SOL should be about $1400. This should happen in this bull market by 2025 at the latest.

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Bitcoin has been up for 5 consecutive months. This has only happened 4 other times since 2012: 1. Mar-Sep 2012 7 up months 2. Nov 2012 - Apr 2013 6 up months 3. Apr - Aug 2017 5 up months 4. Feb - Jun 2019 5 up months So it is unusual in the last 12 years that Bitcoin has been up 5 consecutive months It begs the question was Jan the end of the...

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I just sold all my GBTC based on this Elliot Wave. I see one more wave down to about $37000 in Bitcoin the next few days. I see a big up move in Bitcoin coming in February based on the charts and the longer term Elliot Wave. I plan to buy the new lower fee Bitcoin ETF's with the proceeds.

shubbs

This is a method I use to DCA into Bitcoin. Notice on the chart I have waited until BTC hit the "Golden Pocket" or 0.618 to 0.65 Fib retrace of the last move from $40508 to $43461. That range is $41873 to $41999. Once that range was hit I pulled the buy trigger and bought some BTC. It does not matter if BTC goes to the 0.786 Fib retrace or lower. This is a...

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It may take a few years but GLD has formed a cup and handle over the last 12+ years. The cup was formed from 2011 to 2020 with the cup top at $185. The cup bottom is at $100 in Dec 2015. The handle has been formed from 2020 to the present. The target for this cup and handle is: Cup top + Cup Depth = Price Target $185 + ($185-$100) = $185 + $85 = $270 The...

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Minute wave iv is finishing in the next few hours. Any drop to the $34.7K to the $35K should be a good dip buy opportunity. There is good support in this area since flipping it from resistances starting Oct 23rd. Minute wave iii went up from $26537 to $37999, a $11462 price gain. Typically in BTC the 5th wave is a larger price gain than wave iii. I'm...

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This is an Adam an Eve formation the last week in the bull flag that formed also about a week ago. The price target of an Adam and Eve formation is typically measured by the height of the formation, which is the distance between the lowest point of the second bottom and the highest point of the double top. This value is then added to the breakout price (the...

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If the bull flag started a few days ago continues to play out, then BTC could be FWB:39K by tomorrow. MM Crypto and Carl the Moon have already done videos on this bull flag and have millions in leveraged long positions betting on a move to FWB:39K soon. Not financial advice but this looks like a good trade; I am just a DCA'er and HODL'er and do not trade on...