ChristiaanvanderMerwe

ChristiaanvanderMerwe

Could happen faster than anticipated, and the pullbacks could be a little deeper. Those are the levels I will be watching regardless of pace.

ChristiaanvanderMerwe

Pretty clear accumulation stages going on and so I am inclined to think we head towards the Bullish path to ~$100 Bears will want to buy LINK at massive discounts and so perhaps we do see some capitulation before our next mark-up phase. However, the current Total Market cycle patterns, along with the BTC pairing, almost rule out the possibility of further...

ChristiaanvanderMerwe

Even if you aren't aware of the fundamentals of LINK adoption & application , the chart speaks for itself. Would be very surprised is LINK isn't bottoming out here and all it needs is a bit of sideways before we get some expansion and mark-up.

ChristiaanvanderMerwe

I believe the charts are pointing towards the market gearing up for a play somewhat like this. The timing may well be off, but the levels and sequence seem broadly predictable.

ChristiaanvanderMerwe

So many reasons to be Bullish on Alts right now. Historically, BTC will peak first, and then ALTS will have their turn. It looks like they are prime for a run at least to the middle of the range, although why stop there?

ChristiaanvanderMerwe

There is something to be said for the simplicity. The historical price action is clear. The RSI trend/cycles are just as clear. There is not much space left for compression. A BIG MOVE IS COMING. The only question is, are you ready?

ChristiaanvanderMerwe

Wouldn't be surprised in the least if we see a freefall on BTC Dominance over the next few months. Of course there is no guarantee, and things may look different in a month, however as it stands, I think there is a potential ALT cycle on the cards for 2025. RSI needs a reset, amongst other things.

ChristiaanvanderMerwe

Looks like we are in a decent spot to scale in for the next mark-up phase. ETH has retraced a bit further/deeper than originally anticipated, however that just makes the entry all the better.

ChristiaanvanderMerwe

We are in the middle of the ranger here. A weekly close above $2,150 and I will be optimistic for Bulls. However, a weekly close below $1,950 and I think the Bears will be dining some beef.

ChristiaanvanderMerwe

Not sure what to do with this information. I am cautious up here as many of my ALTS are already up over 400% and I have taken profit, just can't unsee what is cooking.

ChristiaanvanderMerwe

Let him cook. Can't help but notice the similarities in previous mark-up cycles. Everything looks primed for major expansion to the upside.

ChristiaanvanderMerwe

There is the option we get one more leg down, but I wouldn't count on it. We are just touching the 50 Day MA and local support, with RSI having nicely reset and looking to move up again. Momentum is still Bullish.

ChristiaanvanderMerwe

Looking at the typical behaviour in previous Bull market cycles, this pathway looks to be the most likely scenario over the next few months. Of course anything can happen, and with new price action, other options/alternatives will be in play.

ChristiaanvanderMerwe

Ideally, I would love to see something like this play out for $XRP. I know it loves to climb without much cooling off, but it does need some healthy retracement to keep the expansion more sustainable.

ChristiaanvanderMerwe

Will be keeping an eye out at those levels. Will most definitely will be taking profit and re-assessing the market when/if we hit those targets.

ChristiaanvanderMerwe

Would not surprise me in the least if LINK pulled some movements similar to this.

ChristiaanvanderMerwe

Feeling rather Bullish with current Price Action. So long as we can spend a reasonable amount of time above the mid-line of the upward momentum channel, we should be good for another extended mark up phase/cycle.

ChristiaanvanderMerwe

Dropped a lot further than ever expected. This just presents a massive buying opportunity.