AVA37

AVA37 Jun 11, 2023

Ever since XRP reached its high of $0.585 it has been trying to break higher with no cuccess. If we extend fib. levels form the top to the bottom of $0.41 we can see that the XRP has attempted to break higher tho has been rejected for the second time recently. Rejection from a .786 fib. retracement level is common as it presents a danger zone where prices if get...

AVA37 Feb 12, 2023

As we can see BTC is behaving very simmilary of what XRP did after the SEC lawsuit in 2020. Wyckoff accumulation pattern is almost done, we just have to go through last boring phase, which could drag quite some time. We could be doing a simple ABC correction. Its a phase where a lot of retail will sell, specially those that bought back in at this recent 24k high....

AVA37 Oct 23, 2022

Crashing structure between Bitcoin 2019 and Bitcoin Cash (BCH) looks nearly identical. Will see what happens from here, but i am 90% shore we will see a breakout from here in the next week/weeks. I am not a financial advisor so non of this should be taken as a financial advise. Be well.

AVA37 Oct 15, 2022

E've been comparing recent BTC capitulation and now accumulation at the lows with the one in 2015. They are very similar in accumulation structure as well a how deep both capitulations went. Don't get me wrong, i don't thing this is a true bottom formation like it was in 2015 leading to the next bull run, but only forming a local bottom that just happens to be...

AVA37 Sep 29, 2022

Dow Jones industrial average index has lost its February 2020 support. As this support did not hold i am convinced that the oldest US index has begun the great depression, not recession but depression. You can already see what fiat pairs with the USD are doing. The run up was just phenomenal to say the least. We've been essentially parabolic since 2009, with the...

AVA37 Sep 24, 2022

This week XRP has started to lead the way in the altcoin market. We've spend months at 30 cent price area. This is an price area at which XRP price historically spend most of the time, so it presents a good historical support. Just like with my last idea on BCH trading ranges, it goes the same for XRP. We have started to poke through red trading range and are...

AVA37 Sep 12, 2022

We obviously fell a lot with BCH, but still price did not broke any multi year supports, set back in 2018. With such fall those yearly price gabs were closed and i am very positive that the bottom is in for BCH and other crypto. There is gonna be plenty of resistances back to the top. Those resistances are trading ranges or price areas where larger trading...

AVA37 Sep 11, 2022

As we have finally showing solid signs of bottoming, i would say that we have entered a wyckoff accumulation pattern at the lows. We've done something similar in 2015 and even in 2018, but it is looking more like '15. We are talking about completed crashing structure here, and not that we are just going to a new bull market here, at least not for BTC. With the...

AVA37 Sep 10, 2022

When you compare Total Altcoin market cap (Crypto market cap excluding BTC) side by side, you can see that when BTC dominance (BTC.D) falls is usually when alt season happens. When BTC.D goes sideways, altcoins tent to do the same or even consolidate for a while, like we've seen for the last year or so. An a chart altseasn is marked in green,...

AVA37 Aug 18, 2022

Like majority of mid cap projects BCH is forming very similar crashing pattern as BTC did in 2018. Of course 2018 btc crash happened with different velocity and curve, but price did have some kind of bounce and sideways movement as BCH had this time. If we extend fib. levels over 2018 bitcoin crash where level 1 sits at 2017 ATH and level 0 at the low, we can...

AVA37 May 14, 2022

In a previous idea i've compared eth price with what btc did in may- aug 2017. TOTAL3 (crypto m. cap excluding btc and eth) looks even more similar than eth does. We see clear initial fall in the summer, then barely setting new highs, before turning down, heading into the lows, maybe go even lower a bit. We should expect HUGE reversal to the upside. This is...

AVA37 Updated  May 14, 2022

With the recent capitulation eth has not set a new major local low like BTC did. Chart is behaving oddly similar to what btc correction looked like in July 2017. Back then we made a new ATH, then had an initial 50% correction (like we did in May - July 2021) then going back up, barely setting a new highs (green marks) before going into a second capitulation, that...

AVA37 Updated  Apr 20, 2022

DJI is continuing to follow fractal from the "roaring twenties". While it clearly shows that we are about to experience one of the biggest financial reset, we should first get the last euphoric blow of top, sending DJI into 38-40k area. I highly doubt we will go much higher than 40k. Be careful, don't laverage the euphoria, instead think of exiting the market as...

AVA37 Apr 15, 2022

After a bit of a cool down of a crypto market, we are again starting to see some strength in certain altcoins, this time without BTC leading the wa like few weeks ago. We want such things to continue where btc ranges and slowly grinds upwards towards 50k area. it is only during such times is when alts have the best chance to outperform BTC, maybe even completely...

AVA37 Updated  Apr 3, 2022

It is nothing better to see than a bigger market cap coin going parabolic and therefore becoming a leader amongst altcoins. Zilliqa chart is looking extremely similar than a lots of alts, one of them is DASH. I've copied / pasted and properly adjusted ZIL chart to the DASH so that all the dips are in the same timeframe. You can now see how similar charts are....

AVA37 Updated  Apr 2, 2022

During this week XRP made a new local high at $0.93, after that had a few % drop (as expected) to re-test the bottom of the triangle, from where it has broken out of. Next we need to (and we eventually will) brake above the green decending trend line where i also expect a re-test of some kind as this trend line is more than a year old at this point. After...

AVA37 Mar 19, 2022

Markets have responded very well to a rate hikes, which was something I was a bit nervous about. Major indices have responded well to it and that is all that matters if we want the recovery/relief rally anywhere in the equities markets to which crypto is tied to. There is nothing much to say about the XRP price as it has not changed much during this week. Price...

AVA37 Updated  Mar 12, 2022

As commodities have started to fall and lose strength after a parabolic rise, equities and crypto have started to shine, espacially alts. XRP is no difference. I don't lean much on the news, but yesterday there really was a great one in the Ripple vs SEC case. I am not gonna go into details but it could be the catalyst we've been waiting for. It is now only the...