Intuit

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A banking crisis may be underway in the US and could bring equities and crypto to their knees until the Fed is forced to respond by turning the printer back on and cutting rates. Expecting a very dovish FED in the following months as more banks follow SI and SIVB, suffer bank runs and must be bailed out by the FDIC and the Fed. We will likely see the full extent...

Intuit Updated 

Based on the time target for wave-E, as well as some longer term time targets, it is starting to seem more and more likely that the low is in and TRX is readying to break out to the upside. Confirmation will come when we actually break the upside of the triangle, when we have that confirmation we can be more confident that this is going to move towards all time...

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Solana has completed a powerful impulsive wave up. All Fibonacci price and time ratios are perfect for this impulse pattern, as well as channeling, structure, and complexity. The expected retracement for Wave-A is $23. Minimum target is $58. This will create an excellent buying opportunity because the following wave-B will likely create new all time highs, and...

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BTC is getting very close to breaking down based on the violent nature of this most recent drop. If it does break down from support here, BTC could head towards 10k by January. I was suspecting a small drop here based on my most recent update, but based on the look of this drop so far we may actually end up making new lows. Normally wave-e wouldn't be so violent...

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TRXETH looks ready to follow through with this breakout that happened a few months ago. TRX has been outperforming during crypto market downturns this year so this will probably coincide with lower prices against USD for most cryptos. ETH will probably go under June lows while TRX remains relatively stable or possibly even goes up against USD. Long TRX/Short ETH...

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Based on Price, time and structure, it looks like we're only about half way through the big wave-E. Wave-a of E was very large and violent so I suspect wave-c of E will cover a lot more time and around the same amount of price. This means DOGE Could continue rallying until mid 2024 and go to around $17, which would put it at about $2T Market cap. BTC over the same...

Intuit Updated 

BTC looks like it has completed a triangle for the final wave of a diametric pattern which began in mid 2021. We will likely see a rapid melt up from here. Targets are well above all time high if we can confirm the end of this bear market. Macro LARPers will get rekt trying to short into extremely high and sticky inflation. Alts will outperform BTC because of...

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JST looks like it has formed into a perfect Neowave Zigzag. Wave-b is a perfect irregular flat, wave-c is shorter in price and more complex than wave-a, and equal to exactly 50% of a+b in time. The Large Wave-B is related to 161.8% of wave-A in time. In the shorter term wave-5 of c is related to 50% of 3+4. All time targets are being hit here at the same time this...

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TRX has been trading in a relatively tight range since last year, that range is coming to a point now and it seems like, based on EW structure, that this triangle should break up within the next few weeks. If it doesn't break up in the next few weeks then we'll probably see it continue to consolidate into the tip of the triangle until the end of the year, before...

Intuit Updated 

Ethereum Breaking down on the monthly, should see a deep or complete retracement of wave-C.

Intuit Updated 

The S&P has just completed a nice Flat pattern. We should be beginning the next wave down now, which could be bigger than the last. We could see a rapid increase in volatility, which has remained low despite entering into a technical recession today.

Intuit Updated 

The bear market rally on ETH is topping out along with the rest of crypto and stock indexes. We should see new lows under $900 and could go as low as $100.

Intuit Updated 

Bitcoin at this timeframe appears to have formed into a flat with a terminal impulse ( rising wedge ) for wave-c. We're now breaking down from that wedge and should see a complete retracement of wave-c in less than 50% of the time it took to form. This will confirm the terminal action for wave-c and confirm that we are heading down to the next major support around...

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TRX Could be breaking up from the range here. Minimum target is 0.075, but I am watching closely to see what happens following this breakout for something much larger. If we blow past my minimum targets very quickly then we can assume a larger degree pattern is ending at the conclusion of the sideways. How large of a degree will be determined by the size of the rally.

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The Nasdaq 100 has closed under the blue gator (SMMA) for the first time in over a decade. This means we're likely to see several months of downtrend following until the AO has had a zeroline cross and possibly a hidden divergence with the '08 lows. Minimum price target is around the "covid lows" with wave-e ending around June of next year.

Intuit Updated 

Based off of the very long-term Neely-Elliott Wave count, Wave-F needs a few more months of sideways action before we start breaking up away from the green trendline. The time target is saying wave-F should end sometime around July, and we will begin a violent wave-G up. This G-wave will bring several cryptos to multi-trillion dollar market caps. At which point,...

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Crypto is likely going to see a massive liquidation event occurring very soon. Margin calls start to cascade below 20k. Right now we know that Celcius, 3AC, MicroStrategy, and many miners that operate on thin margins are all at risk of major liquidations or margin calls. There's likely many others at risk and who will collapse due to contagion from these and other...

Intuit Updated 

In the realistic possibility that a vast majority of TRX is burnt in the next year, we could see a hyper deflationary spiral causing TRX to increase 35x-100x in market cap, and 3000x in price. Based on the average burn rate of 284 million TRX per day since USDD launched, it's possible that 99% of the circulating supply of TRX is removed from circulation over the...