ZenTradesRW

ZenTradesRW

Render tightening up in a symmetrical triangle just above prior cycle ATHs. Volume declining in the base + RSI reset. Looks ready to launch in coming weeks. AI narrative, Nvidia of crypto

ZenTradesRW

Solana has been the liquid leader this cycle and appears to be tightening up in a symmetrical triangle. Expecting a breakout attempt in coming weeks with ATHs not too far away. Valuation comp is Ethereum MC

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Bitcoin building out a weekly ascending triangle above the 20 EMA near the ATHs. Think we've seen this play out before...

ZenTradesRW

ETH weekly chart is tightening up as we approach the ETH ETF approval that is estimated to be July 2. Last time we based under ATHs (left side of chart), altcoins got wrecked similar to today, but what came next was the start of some wild moves in the crypto market. Head up, time to focus.

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Bitcoin developing a giant cup w/ handle. Handle only dipping 20% with volume falling off a cliff in the handle. US & HK Bitcoin ETFs push supply/demand equation heavily in favor of longs. Keep it simple. Measured move is to $300K by 2025

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NEAR has been an L1 laggard, but showing relative strength off the recent low. Could play catch-up over the next few weeks towards ATHs

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Bitcoin putting in a brief consolidation prior to price discovery like 2020. The past cycle saw a 3x of prior cycle ATHs, which would put the price of Bitcoin near $200K. If we have a more parabolic rip like 2017, then we go much higher. Either way, strap in.

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Broke out of it's ICO base in February which led to a 4x run. Consolidating via flag and looks ready to go for next leg higher. Altman & Draper are backers

ZenTradesRW

SHIB is max coiled and looks just bout ready for round 2. Measured move would be to the ATHs

ZenTradesRW Updated 

SUI developing a cup w/ handle which appears to be coming to an end, and showing relative strength on this pullback as well. VCs favorite, probably push this to ATHs shortly

ZenTradesRW Updated 

INJ putting in a textbook 10 week base with a very similar shakeout to December. Given how long the base is and the craziness in other parts of the market, I think we head over $100

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SUI looks ready for those ATHs. Retesting support and bouncing atm. Bunch of reputable VCs behind this one

ZenTradesRW

INJ getting very tight and looks ready to attempt a breakout. If so, this would be the 5th wave of this major leg. PT = $100

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INJ forming a nice base above prior ATHs. Tightening up with volume declining. Getting very quiet on the right side of this base, which is exactly what the bulls want to see. Similar to SEI, think that has the potential for a fifth wave, "blow off the top" kind of move.

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Sei has been one of the strongest coins out there and just put in a classic double bottom undercut. Volume declining in the base with RSI reset. Think this has the potential to put in a fifth and final wave

ZenTradesRW

Think we've just established the high and low of the multi-month range for Bitcoin. Expecting sideways price action into the Bitcoin Halving, which is slated for mid-April at the moment.

ZenTradesRW Updated 

Another high tight flag for INJ in the making, using the 20 EMA as further support with sell pressure subsiding. Typically get three legs up in the Elliot Wave sequence as well. Time for the "blow off the top" move over the coming week on Bitcoin ETF approvals.

ZenTradesRW Updated 

Injective just entered price discovery on huge breakout volume. Ideally we get another 1-2 week base just above the prior ATHs, which would act as another launchpad to FOMO inducing prices...just in time for a "sell the news" on the Bitcoin ETF deadline (Jan 10). Anyone's guess, but just for fun, thinking we spike to $75