GerardWalker

GerardWalker Updated 

Ive watched old altcoins for a very long time One in particular that hasn't mooned yet is $XTZ I think we are in the right time now for this coin to follow the bullish phase of other large caps in the market When the orange level is broken we will see 10x minimum(approx 30-44

GerardWalker

For those who keep wondering why im bearish on bitcoin well i can only say plainly because of technicals i even have a chart to show a similar market structure with this asset Im still in the camp where from an elliot wave perspective price is more likely to continue in a larger downtrend in the form of a complex wxy correction If you look in the lower TF's...

GerardWalker Updated 

Im watching the scenario very closely from a technical standpoint there are liquidity on the so called triple bottom This serves a lot of interest for market makers since their job is to hunt those stops The recent run up also appears to be a deviation at the range highs , just a liquidity grab into the upwards direction wouldn't be surprised if the 12th 2 S...

GerardWalker

Just go to the daily chart and turn on the 200 D Moving Average Lets see =)

GerardWalker

Dec 2020 Complex Correction similarities Between XRP & Bitcoin The difference is so subtle It really needs a good eye in order to see these things P.S XRP had high negative funding back then as well but price still crashed to new lows. I suspect the same thing to happen to

GerardWalker Updated 

I remain firm with my 19.8k Minimum targets before the end of the year(non-negotiable) But if conditions are really bad it can go to as low as 9k-10k USD Don't say i didn't warn you

GerardWalker Updated 

The proposed triangle scenario for wave X has been invalidated since the most recent pump went above to wave (a) But this does not confirm any bullish count. As a matter of fact an alternative scenario where wave X is likely a flat correction is in play especially when wave C is looking like a diagonal which fits all the criteria for a complex flat correction. I...

GerardWalker

Stack shorts from here up until 44.5k SL in orange target 20k-19.8k Minimum LETS GO BEARS

GerardWalker

Pretty clean set up Short as price is close to wave (a) level tight SL if it breaks above that Target 20k-19.6k USD cheers

GerardWalker

Okay bears got stopped out in what appears to be a short squeeze But hey price is still headed lower New Short set up Short 40.5k-41k USD SL 42.5k Target 19.5k USD- 20k USD Cheers

GerardWalker

Short trade idea Historically when Bitcoin is pumping based on Elon it really doesnt end well see the last 2 pumps at 56k then he lashes out to Crypto Twitter Price came falling down several digit percentages So heres the set up Short sell 33.9k-34.5k Stop loss 35.6k 36.6k (aggressive/conservative) Target 26k 24.5k USD

GerardWalker

Another French Revolution brewing now that their Bitcoin Denominated Currency is headed for -99.9% anyways 22,900 soon

GerardWalker Updated 

Price is morphing in an accelerated running triangle. However please note that price "may" expand beyond the boundaries of the proposed triangle which will probably form into a bigger triangle. Either way my eyes are set at 19.9k- 19.8k USD per 1 chinese bitcoin Will keep you guys updated Cheers

GerardWalker Updated 

Title is self explanatory Price action is morphing into a descending triangle/ sideways fashion similar to Bitcoin during 2018 in the form of Wave (X) Price target minimum around 1330- 1290 USD Cheers

GerardWalker

From an elliot wave stand point wave 2 has not met the minimum criteria for correction which is a retracement of the wave iv of the lesser degree Wave X forming into a multi month descending triangle similar to BTC at 6k USD during 2018 Buy Recommendations starting at $5- 4.7 USD capitulation WICK CheerS No Hate Just Love

GerardWalker

buy low 0.60's SL in swing low

GerardWalker Updated 

Buy the dip with a stop below proposed wave (ii) in blue Target 47k -50k Optimistic targets 51k USD Cheers

GerardWalker

Price appears to be consolidating in a triangle with exit downwards Next price target in the region of high 26k- low 27k Then 19k Cheers Critical Levels marked