shubbs

shubbs

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...

shubbs

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.

shubbs

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...

shubbs

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...

shubbs

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...

shubbs

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...

shubbs

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...

shubbs

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...

shubbs

On the Coinbase ETH chart, the 200 wma (or approximate 4 year moving average) was first showing up in Mar 2020 near the COVID low. If you had bought the 18 weeks ETH was under the 200 wma and put in $1000 each week, then your $18000 would have bought about 100 ETH at a DCA of $180 each. If you would have just held those 100 ETH until not the $4384 May 2021 and...

shubbs

I have been using Trend Based Fib extensions in Trading View for many years. It is one of the tools you can use in Trading View for free. In June 2011 Bitcoin hit its first major high at $31.90. Its bear market low was $2.01 in Nov 2011. Use the Trend Based Fib extension tool; first point is $31.90 in Apr 2011 and the second point is the $2.01 low in Nov 2011;...

shubbs Updated 

It is clear that ETH is in the early stage of a new bull market cycle. Minor wave 1 of this new cycle took BTC to over $2142 in April 2023 from its bear market low in June 2022 of $880. Minor wave 2 has lasted for several months and may have ended at $1530 on 9/11/23. I'm expecting the continuation of intermediate wave (3) to continue with minor waves 3, 4,...

shubbs

Bitcoin finished its 19 month intermediate wave (IV) correction 11/21/22 at $15460. Since then it made a minor wave 1 at $31050 4/14/23 and a minor wave 2 that completed at $24750 on 6/15/23. It is now in minor wave 3 which should be very impulsive and maintain its parabolic trajectory for the rest of this year. I recommend all watch Credible Cryptos last 2...

shubbs

BTC still is in a parabolic bull move with the pullback today. It can fall further and still be in a parabolic bull run. The ABC correction from the $15460 to $31050 is healthy for a big minor wave 3 once the C wave is finished.