If Ethereum breaks out of its current triangle pattern or surpasses its all-time high, it could ignite an altseason where ETH outperforms Bitcoin. However, if a new all-time high is achieved, it’s likely to create a weekly bearish divergence, signaling a loss of momentum and potentially leading to a deviation.
I've been closely monitoring GRASS for a potential triple 1-2 setup , as there's a notable resistance at the $3.90 level, which could act as a triple top zone. If a rejection occurs, another 1-2 formation might develop within its micro subwaves. However, this setup presents a strong opportunity, with a realistic and achievable target of $10 .
Bitcoin appears to be forming an expanded flat pattern, with waves A and B already completed. The ongoing C wave, consisting of 5 subwaves, is progressing towards completion. The potential reversal zone is identified using Fibonacci retracement levels.
After seven years, TRX has reached a significant milestone and might peak at $0.72. This level marks what appears to be the final phase of its impulsive wave structure, signaling a potential conclusion to its long-term bullish cycle. Note of Wave 1 and wave 4 of micro degree - Lenient Interpretation : Overlapping wicks may be permissible if they represent a...
I anticipate Bitcoin dominance will hover around 57%–58%, forming wave 2 of the micro degree. Following this consolidation, we can expect a massive altcoin rally as Bitcoin dominance transitions into wave 3. Patience will be key during this phase.
Bullish scenario: The micro-degree wave 1 is nearing completion, likely followed by a wave 2 correction and its subsequent expansion phase. Bearish scenario: With current tokenomics and unlocks, WLD feels like the worst token I’ve ever held. If Bitcoin enters a bear market, I expect this coin to drop by 95%.
Internet Computer | 1D Timeframe 🌊 ICP is the most underrated altcoin I'm watching—a true sleeping giant among blue chips. Since its listing, it hasn't recovered, but I expect it to soar to $40 as a respected target and $140 as an optimistic goal.
When Wave 2 is a flat correction, and Wave 4 is a sharp correction and vice versa, it follows the principle of alternation in structure. Since XRP's Wave 2 has already unfolded as a flat correction, I anticipate Wave 4 to follow the principle of alternation and take the form of a sharp correction. This correction is likely to manifest as a zigzag, either in the...
Based on the chart analysis, BCH is currently forming a triangle pattern with truncated E subwaves. If it successfully breaks above the trendline, I see a realistic potential for BCH to achieve a target of up to 5x its current value.
BITCOIN Short Timeframe Anaylsis 🌊 📊 Scenario #1 : Wave 4 has completed as a WXY pattern, so we’re now targeting Wave 5 with potential levels at 0.618, 0.786, and beyond. 📊 Scenario #2: Wave 4 is still unfolding. If it extends further, we might be in Wave B heading into Wave C. The likely target range is between 88K and 90K, but exact levels are yet to be...
INJ appears to be progressing within a smaller-degree wave 3, showing potential for further bullish momentum. I’m anticipating a parabolic move to confirm its aggressive nature. My projected target range is between $38 and $40 .
AVAX Elliott Wave Projection | Short-Term and Long-Term Targets AVAX is forming a potential 5-wave impulse structure after completing a corrective ABC pattern, with key Fibonacci targets at $56.18 and $101.14, while maintaining a bullish outlook supported by broader market strength heading into Q1 2025.
GRASS/USDT 4H Chart Analysis In this setup, I'm closely monitoring the entry zone marked within the gray box, as I'm expecting a wave 2 retracement based on Elliott Wave analysis. This corrective wave should ideally lead to a reversal, aligning with the continuation of the bullish momentum into wave 3. Key levels to watch: The potential 0.618 - 0.786 ...
ICP is currently in a manipulation zone, and I anticipate it breaking through the red resistance area soon. This would signal the start of a parabolic move as we transition into the expansion phase.
The chart for TAO appears to be forming an inverted Head and Shoulders (H&S) pattern, which is widely recognized as a bullish reversal signal in technical analysis. This pattern often indicates a potential shift in market sentiment, suggesting that the asset may be preparing for an upward breakout.
Bitcoin Bullish Gartley analysis AB = 0.618 retracement of XA BC = 0.382 to 0.886 retracement of AB CD = 1.272 to 1.618 extension of BC AD = 0.786 retracement of XA However, the level of BC = 0.896 is quite close to 0.886, which is a commonly accepted retracement level in the Gartley pattern. While 0.896 is not a standard Fibonacci level, the proximity to 0.886...
BITCOIN short timeframe analysis I don't adjust the count because of my liking I adapt given the current market data and it seems we are now working in a shallow pullback . In the Principle of Alternation states that if one of the corrective waves (Wave 2 or Wave 4) is a sharp correction, the other is likely to be a sideways correction, and vice versa. Balance...
XRP to the Stars! 🚀 With SEC drama fading, XRP's set for a cosmic price surge! 🌙 Buckle up, it's going to be a wild ride! 📈 XRP has shown strong signs of a potential breakout, driven by positive developments in the ongoing SEC lawsuit against Ripple and increased market momentum.