Xanrox

Xanrox Updated 

Bitcoin is in the middle of the bull market cycle, but where exactly? It's necessary to do an Elliott Wave technical analysis to see the full map, as the market always moves in waves. We are almost at the end of the major wave (3), and in summer 2024, we are ready to make a significant corrective ABC pattern. We probably all know that summers are usually boring...

Xanrox Updated 

The price of Bitcoin is preparing for a final drop to the downside, to 57k per my calculations! The price is still inside this bullish flag formation, and we still need to complete the ABC corrective pattern from the Elliott Wave perspective. At this point, I cannot be bullish at all, just be patient and wait for 57k to be hit before buying BTC!  It's also...

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Ethereum is preparing for the final crash! 2800 to 2700 is the most important zone you can watch because the price should bounce from it. This is exactly where you want to buy Ethereum for the long term or enter a high-leverage trade. I don't think the price will go lower, prices such as 2500 USD or 2000 USD is no longer realistic and possible. Why do I want to...

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Gold looks extremely bullish in the short-term and also in the long-term. 5000 USD or 10000 USSD in the next few years is definitely very likely, but right now let's focus on the short-term price action. We can see that GOLD is in a strong uptrend, and we can use a simple trendline tool to measure its strength. The price respects the blue trendline pretty...

Xanrox Updated 

Bitcoin crashed significantly, as I warned you in one of my previous analyses: What now? Is the crash over? I don't think so! The halving event is in a few days, and huge volatility is expected. The problem is that below the current price, we have a double bottom pattern, and there is a lot of liquidity that whales need for their huge buy orders. It's really...

Xanrox Updated 

Bitcoin may look pretty bullish, but do not get distracted. The price is forming a bearish distribution pattern inside a bearish parallel channel, as you can see on the chart. Right now, the odds are in favor of another crash. I am not saying this only because of the price action, but also because of the Elliott wave theory: as per my wave count, I am expecting...

Xanrox Updated 

Bitcoin is definitely ready to go higher, and it's a really good time to buy the dip after the previous crash! We can see that the price is making higher lows on the daily chart, which is a strong sign of an uptrend. The price is currently still inside this symmetrical triangle, so we are waiting for an explosive move, probably to the upside. The trend is your...

Xanrox Updated 

Ethereum is still very bullish, so there is no reason to expect lower prices at this moment. We can see that the price broke out of this ascending parallel channel and retested it. Usually you want to wait for a retest and then enter a long position, which is happening right now! You can place your stop loss below the previous swing low (inside the ascending...

Xanrox Updated 

Bitcoin has been going sideways in the past weeks. Why? If we take a look at the chart, we can see that the price is inside this symmetrical tightening range. The only thing we can currently do is trade the range (sell high, buy low). Otherwise, we need to wait for the tightening range to show us the direction! Will it break up or down? Let me know in the comment...

Xanrox Updated 

Trading Bitcoin doesn't have to be hard. With proper food, we can increase the probability of our trades. There is no secret that a large part of the Bitcoin community is on a carnivore diet (a meat-based diet). They believe meat, especially red fatty meat, is essential for human health and brain function as it contains hundreds of yet-undiscovered vitamins that...

Xanrox Updated 

Technical analysis GMT is one of the most promising coins to hold for the next few days and weeks. We can see that the price has been stuck in this rectangular trading range for almost 4 months. Now the price is ready for a massive breakout! It's good to buy GMT now, as pullbacks will probably not be available. My Elliott Wave count suggests that we are now...

Xanrox Updated 

Bitcoin is going down, as I was expecting in my previous technical analysis of Bitcoin (see in the related section below). What now? Markets always move in waves, and that's why it's always good to do an Elliott Wave technical analysis. My Elliott Wave count suggests that wave (A) will soon be completed and we will see a relief rally back to 66k. A lot of alts are...

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Technical analysis If you want to make a quick profit in a few days, buy BADGER for a 125% gain. I recommend buying this coin right now. We can see that we have a great falling wedge, bullish reversal pattern at the bottom of the trend, and the wedge is breaking out! The wedge is also confirmed, so we need to buy this coin as soon as possible. My profit target...

Xanrox Updated 

Technical analysis GRT looks extremely good on the weekly chart. We can see that the downtrend ended on a breakout of the red trendline, and since then, the price has been going upward. I believe this coin will 10x in 2024 if you buy it at the current price. We should hit an all-time high in 2024, and in 2025, this coin will continue in the price discovery! Put...

Xanrox Updated 

Technical analysis The price of ADA is still very low compared to BTC. While BTC is almost at the previous all-time high from 2022, Cardano is below 0.236 FIB. Whales never pump all coins together, they need to pump it individually to make as much money as possible. ADA is still one of the coin that is waiting for an explosive move, that's why I suggest you to...

Xanrox Updated 

BTT (BitTorrent is one of the biggest torrent clients in the world. Fundamentals are strong, and technicals are as well. We have the biggest candle in history; this is a serious business. I am expecting at least 100x - 200x in the next bull market. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish...

Xanrox Updated 

Technical analysis SUPER is pumping hard; there is no doubt about it, and the trend should continue in the next few weeks and months! I recommend buying SUPER right now for a 50x profit in 2024/2025. We can see that the downtrend has ended with a descending parallel channel, and bullish volume is very high, which is always good to see! From the Elliott Wave...

Xanrox Updated 

OM looks very bullish. We can see that the previous downtrend ended with a descending parallel channel on the weekly chart. Now the price is finally breaking out! What is important is to always take a look at the volume indicator. Bullish volume is absolutely very high and at record levels, which confirms the breakout. Whales are buying it, and they cannot hide...