


Solana had a massive +600% run up and it was caught by the Nitro Lotus indicator in early August.
$BTC Macro outlook. We had 5 waves up. We may be in the C wave which could be truncated in the blue boxes or maybe a "2020" dump pushes us to a new low. Don't fight the trend & hope for a HL in the 1st blue box & then a HH above 53k to signal a continuing full risk-on market!
$VET Confluent zone at around 100 sats. I expect a 30-40% move to the blue box. Falls between the daily 55ema and 200ema. Also is the bottom of the cloud. All indicators point to a retest of this level.
The bitcoin 3D chart which shows the Nitro Lotus giving very good signals (Bull: uptrend), and (Bear: Downtrend). This chart shows how powerful the Nitro is!
This is a chart of the DXY on the 3D timeframe using my Nitro Lotus indicator. The bear signal means a downtrend is predicted, and the bull means an uptrend is predicted. Very accurate predictions so far dating back to 2015 on this chart!
Showing you how the nitro lotus performed on the 3D Bitcoin chart. The bull signals indicate an uptrend and the bear represents a downtrend. You can message me if you would like a trial.
Elliot wave count is showing that the C wave is completing here at the 55 EMA. Assuming 1 cent holds, we should bounce. 50 MA is near 0.0085. Taking my chances here!
This chart shows the Nitro Lotus indicator on the 1D chart for the sp500. You can see bull signals show uptrend and bear signals show downtrend. You can message me here if you are curious about this indicator.
Displaying how the Nitro has performed on the 1D chart. This indicator paints a bull signal when it predicts an uptrend and a bear signal when it predicts a downtrend is forming. This is a tradingview script. If you are interested you can send me a message here on tradingview.
I've been monitoring VET since I exited back around 200 sats. We are breaking below the daily cloud and looking bearish for a retest of 100 sats. Another BTC move up/down sharply should be the final push to reach my target for a refill.
BTC has not closed above 11.7k since the bear market started back in 2018! if we manage to close above, look for 14k targets. If we close below, 10.4k is my target.
VET/USD holding the 55 ema for now but once support fails, we will see 1.3 cents and depending on how Bitcoin plays out, we will see 1.1 cents.
Watching to see if BTC is able to break this pattern of lower highs since making a Higher high at 10,400 before being rejected. If we break upwards, we can see 9500, then 9800, and then the 10k - 10.4k mark tested. Until then, we must hold 9200 or face a possible drop to 8500.
If we can keep this up, it seems like we will be on track to retest the 2 cent mark. For now I will watch to see how the weekly closes tomorrow!
The downside risk is 8900 and 8500 if we fall below this cloud and 9200 level here. We have been trending for nearly 2 months in this range. Bitcoin needs to make a macro decision soon or people will get bored.
The weekly close is Sunday. We must hold the 9200 level through sunday. If we lose this level, then I see price retesting 8900-9000 (minor support). 8500 may become a magnet for a retest at that point.
BTC remains bearish under the 55ema and the cloud. Once above, I may flip my bias, but for now I will remain bearish.
Not looking well for bitcoin here. If we can't hold 8900 and if we can't reclaim 9200, we will drop to 8500.