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Elliott Waves 🌊
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$BTC
Elliott Waves analysis does not specify the target but rather indicates the path. This means that as long as the price is reaching new highs, we can continue following the price’s upward movement until we label 5 smaller waves. At that point, caution and profit-taking should begin.
Based on the Fibonacci extension from wave 1 with the bottom of wave 4, the target range is between approximately $99,000 and $150,000. However, an extension could occur, making wave 5 the longest, and the price could reach up to $240,000, which serves as resistance. We cannot confirm anything definitively until observing price movement during the rise.
#BTC #Bitcoin
Elliott Waves analysis does not specify the target but rather indicates the path. This means that as long as the price is reaching new highs, we can continue following the price’s upward movement until we label 5 smaller waves. At that point, caution and profit-taking should begin.
Based on the Fibonacci extension from wave 1 with the bottom of wave 4, the target range is between approximately $99,000 and $150,000. However, an extension could occur, making wave 5 the longest, and the price could reach up to $240,000, which serves as resistance. We cannot confirm anything definitively until observing price movement during the rise.
#BTC #Bitcoin
$ATOM 💎⚛️
#ATOM is my current standard for the market. I expect it to rise similarly to #LINK or #FET during last year.
If it surpasses the green line (confirmation), I would expect an initial target of $10, then $30.
If it breaks the red line (stop-loss), I will exit the market 100% and become a bear until it falls to $3.21 so I re-enter with my entire portfolio.
#Cosmos
#ATOM is my current standard for the market. I expect it to rise similarly to #LINK or #FET during last year.
If it surpasses the green line (confirmation), I would expect an initial target of $10, then $30.
If it breaks the red line (stop-loss), I will exit the market 100% and become a bear until it falls to $3.21 so I re-enter with my entire portfolio.
#Cosmos
$ATOM
#Cosmos #ATOM is among the most solid projects in the space. Although it had been in a long downtrend since the end of 2023, the coin is expected to make bullish shift that would change the structure to target a new ATH.
I expect a last dip though to the ~$3.21 range before starting a major bullish impulse wave.
#Cosmos #ATOM is among the most solid projects in the space. Although it had been in a long downtrend since the end of 2023, the coin is expected to make bullish shift that would change the structure to target a new ATH.
I expect a last dip though to the ~$3.21 range before starting a major bullish impulse wave.
$BCH
#BitcoinCash has been in a triangle since 2017.
Passing $720 is a major shift in trend that would target the ATH.
Breaking $286 is a bearish continuation for #BCH to continue the triangle pattern.
#BitcoinCash has been in a triangle since 2017.
Passing $720 is a major shift in trend that would target the ATH.
Breaking $286 is a bearish continuation for #BCH to continue the triangle pattern.
$HMSTR
#HMSTR is in the process of cooking a solid bullish impulse wave that would shift the whole structure to a bullish trend.
As long as it’s above (($0.00225)) then the sky is the limit! 🚀
#HamsterKombat
#HMSTR is in the process of cooking a solid bullish impulse wave that would shift the whole structure to a bullish trend.
As long as it’s above (($0.00225)) then the sky is the limit! 🚀
#HamsterKombat
$HMSTR
#Hmstr has been in bearish downtrend since it came on Binance.
Although it has a strong chance to confirm $0.00226 as the final bottom if it keeps pumping from here and doesn’t stop in the coming resistances.
The first resistance should be at around $0.00300 so passing it strongly would be very bullish for medium to long term.
If it struggles there and goes back down then a final low would be my expectation before a major bullish trend starts.
#Hmstr has been in bearish downtrend since it came on Binance.
Although it has a strong chance to confirm $0.00226 as the final bottom if it keeps pumping from here and doesn’t stop in the coming resistances.
The first resistance should be at around $0.00300 so passing it strongly would be very bullish for medium to long term.
If it struggles there and goes back down then a final low would be my expectation before a major bullish trend starts.
$ICP
#ICP has been bullish since the Oct ‘23 lows.
Although it retraced a lot already from the Mar ‘24 highs, I expect bearish continuation on it down to around $5 : $6.
Passing $10 cancels the bearish idea.
Breaking $6.8 confirms the bearish idea.
The final target for ICP I think would be @ $40
#InternetComputer
#ICP has been bullish since the Oct ‘23 lows.
Although it retraced a lot already from the Mar ‘24 highs, I expect bearish continuation on it down to around $5 : $6.
Passing $10 cancels the bearish idea.
Breaking $6.8 confirms the bearish idea.
The final target for ICP I think would be @ $40
#InternetComputer
$HMSTR
#Hmstr has been in bearish downtrend since it came on Binance.
Although it has a strong chance to confirm $0.00226 as the final bottom if it keeps pumping from here and doesn’t stop in the coming resistances.
The first resistance should be at around $0.00300 so passing it strongly would be very bullish for medium to long term.
If it struggles there and goes back down then a final low would be my expectation before a major bullish trend starts.
#Hmstr has been in bearish downtrend since it came on Binance.
Although it has a strong chance to confirm $0.00226 as the final bottom if it keeps pumping from here and doesn’t stop in the coming resistances.
The first resistance should be at around $0.00300 so passing it strongly would be very bullish for medium to long term.
If it struggles there and goes back down then a final low would be my expectation before a major bullish trend starts.
$ATOM
#Cosmos #ATOM is among the most solid projects in the space. Although it had been in a long downtrend since the end of 2023, the coin is expected to make bullish shift that would change the structure to target a new ATH.
I expect a last dip though to the ~$3.21 range before starting a major bullish impulse wave.
#Cosmos #ATOM is among the most solid projects in the space. Although it had been in a long downtrend since the end of 2023, the coin is expected to make bullish shift that would change the structure to target a new ATH.
I expect a last dip though to the ~$3.21 range before starting a major bullish impulse wave.
$BTTC
#BitTorrent is an old coin on the #Tron Network #TRX
I think the Tron's Network run didn't end for good and shall return in multiple tokens in this chain.
#BTT or #BTTC shall have a mega run that should pass above $0.00000250 in my opinion.
But first, I think a last dip around $0.00000050 : $0.00000060 shall occur first.
A soft cancellation of this idea is passing $0.00000097 without dropping first to the expected area above. Passing $0.00000220 is a final cancellation of this idea. I think the Tron's Network run didn't end for good and shall return in multiple tokens in this chain.
BTT or BTTC shall have a mega run that should pass above $0.00000250 in my opinion.
But first, I think a last dip around $0.00000050 : $0.00000060 shall occur first.
A soft cancellation of this idea is passing $0.00000097 without dropping first to the expected area above. Passing $0.00000220 is a final cancellation of this idea.
#BitTorrent is an old coin on the #Tron Network #TRX
I think the Tron's Network run didn't end for good and shall return in multiple tokens in this chain.
#BTT or #BTTC shall have a mega run that should pass above $0.00000250 in my opinion.
But first, I think a last dip around $0.00000050 : $0.00000060 shall occur first.
A soft cancellation of this idea is passing $0.00000097 without dropping first to the expected area above. Passing $0.00000220 is a final cancellation of this idea. I think the Tron's Network run didn't end for good and shall return in multiple tokens in this chain.
BTT or BTTC shall have a mega run that should pass above $0.00000250 in my opinion.
But first, I think a last dip around $0.00000050 : $0.00000060 shall occur first.
A soft cancellation of this idea is passing $0.00000097 without dropping first to the expected area above. Passing $0.00000220 is a final cancellation of this idea.
$STRK $XAI $PORTAL
Most of the new coins that got listed on #Binance in the beginning of 2024 have faced tremendous bearish declines across the board.
The three pairs I mentioned above #STRK , #XAI , #PORTAL are just examples of the frustrating, huge and unusual declines that happened in the #NewListings !
The old coins with previous data are always preferable for moderate to low risks unlike new coins that has no data to analyze.
In a nutshell, further declines are expected to make new lows. Although, I believe the coming lows will contain increasing buying volumes that would indicate good buying opportunities for new entries or to adjust previous positions averages.
Most of the new coins that got listed on #Binance in the beginning of 2024 have faced tremendous bearish declines across the board.
The three pairs I mentioned above #STRK , #XAI , #PORTAL are just examples of the frustrating, huge and unusual declines that happened in the #NewListings !
The old coins with previous data are always preferable for moderate to low risks unlike new coins that has no data to analyze.
In a nutshell, further declines are expected to make new lows. Although, I believe the coming lows will contain increasing buying volumes that would indicate good buying opportunities for new entries or to adjust previous positions averages.