Hello dear followers. While the media is trying to FOMO people about BTC price getting higher and higher and that Altcoins season has started. I see different signals in the graphs. Both BTC and altcoins are heading towards a price correction of -30%. BTC is currently at the end of an Elliot wave 5 which is usually followed by a corrective abc wave. First wave a...
ORDI is looking super bullish on the weekly time frame. It has broken out from a Falling Wedge and price is currently heading towards target of $88-$90.
VET looks ready for a strong movement up. On the daily timeframe you can see that the bullish falling wedge is completed and that VET is moving in a Triple bottom pattern. Both patterns indicates a bullish movement up. Target could be $0,05.
ETC has broken out a falling wedge pattern on the daily time frime. It also broke through an important resistance level recently and is now going up in a bullish elliot wave 3. Potential target could be $33.
ADA shows on the 1H time frame a bullish flag with target $0,95 on the 4H time frame a bullish penant with target $0,90. ADA dominance graph is ready to increase as well. Multiple indicators are turning bullish again. So it seems that ADA is ready for a next move up.
I see a new pattern developing on the daily timeframe that can let ADA's price increase up to $1,20. The blue lines shows a cup and handle pattern.
XRP made a nice move up. On the 1H time frame I see that the move up is temporarily pauzed. To be able to move further up a small pullback is necessary. Probably max. -20% in an corrective elliot wave a-b-c. These are just temporarily pullbacks. For swing traders nice to ride the waves. For long term traders just hodl and keep your eyes focussed on your long term target.
Check out my XRP dominance graph which is ready to explode with more than 1000%. Usually the percentage of the dominance graph is similar to the results on the original graph. In this case XRP price can potentially rise up to $7 which match with the maximum Fibonacci Retracement target that is possible with current latest highest high and latest lowest low. Now...
XRP dominance is ready to explode with 1000%+ this is insane!
NEAR dominance graph shows potential break out from inverted Head & Shoulders. The NEAR graph itself looks also great for a potentail profit target of $13-14.
API3 recently broke out of a Falling wedge pattern on daily timeframe. Target can be $4,50.
BTC is heading to 100K as soon as wave c is ended on the 1H timeframe. It will complete it's target from the bullish penant. Please don't panic due to FUD spread on socials. Always zoom out. Check my other analysis for the weekly timeframe. BTC can still go up to $120.000 de coming days / weeks because BTC broke out a cup and handle on the weekly timeframe. And...
The BTC price can go up to probably $ 120.000. The BTC dominance can go further down the comming weeks back to around 53%. When BTC price goes up and BTC dominance goes down, Altcoin prices tend to increase faster than BTC what gives potentially higher returns on investments.
SUI is going great. First target could be around $4 before a pullback to retest break out. Pullback could be back to $2,22.
STX can potentially go up first to $ 6,50 as next important long term target.
RENDER has a partnership with Nvidia for its Nvidia Omniverse and with Apple for its product Apple Vision Pro. Two big names that this crypto can let go parabolic. First important realistic target could probably be $25
APT a crypto with a partnership with Miscrosoft and has even their own font in Microsoft Word calles Aptos. How fast could this one go do you think? I think one could reach around $200 as first important long term target.
With a Grayscale Near Trust fund this one must go parabolic at some point. First important will be probably around $40 and after a pullback it can continue go upwards to $50 as next target.