If we measure the % target on this super bullish pattern it brings us at the ATH. Ones ETH clears 2100 the short squeeze will start and we are going straight up. There are still people shorting thinking we are in a bear market which is amazing to me. I think its possible we get there in the next 10 months.
Brace for alt pumps. Crazy 200- 300% pumps for alts coming the next 2, 3 months.
BTC is on its 7th green heikin ashi candle on the monthly. I wouldnt advise betting against this. This is the bottoming year for the next crypto cycle. Hold until 2025. Start selling when the hype comes. Thats the gameplan. Altcoins are still sleeping.
Its funny to see how literally no one is talking about this confirmed inverse Head and shoulders pattern on the macro time frame even though everyone is a technical analysis guru on the internet. This is simply because there are so many sidelines and bears left in this market that are trying to fud it to pull back. If we do a simple measured move the target for...
Just kidding. Expecting BTC to range 30 - 40k from now to the halving. Alts may have a pump soon. Usually we have 2 alt seasons a year and we still havent gotten our first in 2023. Think logically for the next crypto bull. Ignore the media and side liners. You wont get these kinds of returns in any other market. You think Stocks or real estate is going to make you...
We churn up for 2 years. Noobs get in at the high and get dumped on as always. Side liners fud the rallies all the way up to new highs. The time to buy was at the end of last year. For altcoins its still not a bad time to buy because they are all 90%+ from their highs. But im convinced that we are at the beginning of a new bull cycle.
People are still talking about recessions and crashes. My dood. Last year was the clearest buying opportunity ive seen in years. Everybody was bearish and shorting the market. If you turned on CNBC they had recession and FED talk on repeat. Dont you get it? They do this purposefully to shake your ass out of the market at a low so they make all the money.
And then you wonder why most people don't make money in the markets. We are at the end of a 2 year crypto bear. Every coin is down 80 to 99% from its highs and people are trying to save 30% trading their positions. When the new bull starts, all these traders are going be left behind. Best case they will see a 50 - 100% pump of their portfolios and they are going...
This is the most difficult part of the cycle, because neither the bulls or bears make money. It just goes sideways for months which could have very negative effects on the psychology. This increases the chances of you making dumb decisions. Best to do. Most coins are close to their cycle lows. If you do anything, add more.
BTC and ETH are now close to their parabolic support lines. In order for us to continue the momentum in to the summer we need to have some green candles the next 2 weeks. If we break the support we are going to be going sideways/ down until the end of the year. Its probably best to hodle trough that because if you try to trade it you are exiting for saving...
Crypto volatility is wild. That is why I am an investor in it. An alt-coin can be ranging from 1 to 5 dollars at the bottom of the cycle and you might be thinking why not trade it? Why not sell at 4 and buy it back at 1. First of all its one thing to have a plan and totally another to follow the plan. Second of all if you know the coins you are in have development...
Crypto is a place where if you have a few green weeks you feel like a genius and if you have a few red weeks you feel like an idiot. That is why it is so important to know what you are doing. Are you in it for trading or investing. Are you using leverage or you own it spot. Which part of the cycle you are in. These are fundamental questions that you need to answer...
People on wall street have always been fascinated with predicting crashes, recessions and shorting markets. But the charts reflect a totally different reality. Markets in the current era are designed to go up in to the right forever with moderate inflation. People are always talking about 1929 or similar bear markets, but if you think about it the system today is...
If you listen to the you tubers you will notice a pattern. On the green candles they are bullish and on the red candles they are bearish. Non of those people have ever showed you a broker statement of all their aggregated trades. That is because they are not profitable traders. They make money on shilling you referral links to leverage exchanges. Exchanges just...
ETH is currently in a parabola + an ascending triangle. When it crosses 2100 prepare for alts to go nuts for a month. Im talking blue chips going 2x in a month.
The best portfolio you can have is the one that can let you sleep at night, not the one that holds coins that are going to go up the most. You need conviction to hold trough the cycle. Crazy volatility is part of the course but the rewards at the end are juicy.
The 27k aka 50 MA level is the level to watch. The battle there is real. If we can go sideways for like 1 more week and then short squeeze the suckers we are going to 39k in a straight line.
We are in this mid bottoming year parabola. At some point when the price of BTC and ETH gets high enough we will break out of that parabola and go sideways until the halving. Hopefully we avoid a black swan like the zombie virus and we dont crash as low as we did last cycle. After the halving the game becomes simpler and easier. Just hold trough 2024 in to 2025...