BITCOIN rally cant get caught anymore and SPXRUT ratio shows why
It's beyond doubt now that Bitcoin (BTCUSD) has started the new Parabolic Rally (PR), technically the most aggressive phase of the Bull Cycle. We've made numerous analyses in the past explaining on time why we expected this break-out to take place after 7 months of accumulation. What we bring to you today is the SPX/RUT ratio, the correlation of the S&P500 (SPX) and Russell 2000 (RUT) indices against BTC and how it confirms that this rally will now accelerate to a pace that it won't be easy to g
Bonk (BONKUSD) just formed a Golden Cross on the 1D time-frame and having broken above its current ATH Resistance (March 04 High), it is expected to rise parabolically from here. To back this up, that is exactly what took place after the previous 1D Golden Cross a year ago (November 08 2023), when again the price broke above Resistance 1 and turned parabolic to the 3.0 Fibonacci extension, completing a +20200% rise from its bottom. If a new +20200% rise seems unrealistic to you (it would however
Following Bitcoin's (BTCUSD) new All Time High in the aftermath of the U.S. elections, we've established on previous posts that we've entered the final year (12 months) of this Bull Cycle. This is clearly visible by the use of the Sine Waves as shown on this 1W chart. Pi Cycle The new aspect we're bringing to you today is the Pi Cycle indicator, which has proven to be as consistent as any other at projecting the long-term price action of Bitcoin. As you can see every Cycle Top has been conside
CARDANO 1D Golden Cross pushing for Resistance breakout to $1.400
Last time we looked at Cardano (ADAUSD) was on September 24 (see chart below), when we called for the strongest buy signal in a year:
It couldn't have been more timely as we went from a 0.3690 price to 0.8200, a +120% rise. This High is also testing the March 14 2024 High, currently Resistance 2. The market just formed a 1D Golden Cross and last time it had one was exactly 1 year ago (November 18 2023). Soon after Resistance 2 broke and the price reached a little above the 2.0 Fibonacci extensi
XRP (XRPUSD) is having this week the strongest 1W candle since July 10 2023. The long-term pattern is a 6-year Triangle (since January 01 2018) and with the weekly rise, it is about to test its top (Lower Highs trend-line). The 1W MA50 (blue trend-line) is supporting this uptrend, which is technically the Cycle's Parabolic Rally. In 1W RSI terms, the current price action appears to be similar with the March 20 2017 and November 2020 break-outs. Note also that as the 1W RSI broke into the overbou
BITCOIN Riding the 1DMA50 wave is the best strategy you can have
Bitcoin (BTCUSD) has had an enormous bullish break-out to new All Time Highs (ATH) following last week's U.S. elections. The past 2 days have seen this massive rally turn sideways and as always a certain part of market participants have started calling for big corrections or even bear markets. Once again we will let simple charting show why this sideways price action is nothing but a short-term and mostly necessary consolidation. November 2020 vs November 2024 This analysis is a comparison of
MOG Coin (MOGUSD) has been trading within a Falling Wedge pattern and for the 2nd time in a week broke yesterday above its top (Lower Highs trend-line). This rebound is taking place after the 1D MA50 (blue trend-line) held. The whole sequence is identical to the Falling Wedge where the price accumulated before the February 2024 rally. As you can see even their 1D RSI fractals are identical. The rally that followed the bullish break-out extended to the 3.0 Fibonacci extension and rose by +11.180%
BITCOIN buying pressure indeed stronger than any Cycle before!
Three months ago (August 12, see chart below) we published our view on Bitcoin (BTCUSD) claiming that on the current levels and compared to the relative stages it was in previous Cycles, the bullish trend was stronger than ever before:
At the time the price was 'just' at $59k and yesterday it touched the $90000 level. This shouldn't surprise you as the pattern has been 'playing out' in a similar way to both the 2019 - 2021 and 2015 - 2017 Bull Cycles. In fact it is so strong that we now need to
Ethereum (ETHUSD) gave us the perfect bottom buy entry on its 1M MA50 (red trend-line) last time we gave a signal on it (September 03, see chart below):
As you see this time on the 1W time-frame, following the last week the price saw the strongest weekly candle rise of the whole Bull Cycle, breaking and closing above its 1W MA50 (blue trend-line) for the first time since July 29 2024. On top of that, the 1W MACD completed last week a Bullish Cross, the first since October 30 2023 (i.e. a year a
BITCOIN Can it repeat last year and reach $140000?
It was less than a month (October 14, see chart below) when we updated our old Bitcoin (BTCUSD) Channel Up idea of June 07, calling for the confirmed start of the new Bullish Leg of the Channel Up and setting a medium-term Target of $94500:
New evidence following the U.S. elections suggest that the aggressive nature of the past weekly rally can see BTC target even higher, more specifically the top of the Channel Up by Q2 2025. As you can see, the price is currently between the 0.5 - 0.618 Fibon
DOGEUSD Its Parabolic Growth Channel targets minimum $3.500.
Dogecoin (DOGEUSD) is having an excellent bullish run since our last buy signal (October 17, see chart below), hitting all targets in the process:
As the price broke above Resistance 2 as well, we now zoom out to the long-term charts again (1W time-frame) where Doge's historic trend is more clearly displayed. The underlying pattern that it may have gone unnoticed is a Parabolic Channel, which we call Doge's Parabolic Growth Channel (PGC). This Channel encompasses all of Doge's Cycles and only b
AAVEUSD at the top of the Channel Up. Going parabolic if broken.
Aave (AAVEUSD) has been trading within a Channel Up pattern since Triple Bottom formation on the Bear Cycle Support Zone. This Channel has technically served as the Accumulation Phase of the Bull Cycle, a prolonged process that ends when such patterns break. Technically the price is the closest to its top (Higher Highs trend-line) since the week of March 11 2024 and the fact that the 1W MACD has invalidated a Bearish Cross this high with the incredible rise since yesterday, is an early sign that
BITCOIN made new ATH during elections and the rally has only just begun!
Bitcoin (BTCUSD) is marching towards our 88k short-term Target as we called on October 16 (see chart below):
As the U.S. elections have now been concluded with Trump's victory, we can now once more focus on the long-term horizon, particularly looking 1 year ahead. Basically, the last time we looked at this pattern was back in August 14 2023 (see chart below), where we used the KSI indicator on the 3W time-frame, which has just made a Bullish Cross, to call the upcoming parabolic rally correctl
TROYUSD turned Parabolic. Buy on the next pull-back.
Troy (TROYUSD) broke last week above the Lower Highs trend-line of the Accumulation Phase of the Bull Cycle and even though it failed to close the 1W candle above it, the current week started with extremely strong buying pressure that topped last week's High. Even though we will need the closing above the Lower Highs at the end of the week, the current buying pressure confirmed that the trend has turned parabolic. It is technically similar to the January - February 2021 rally that turned parabol
BITCOIN fully supported targeting $170k after the ATH breaks.
Exactly 3 months ago (August 05, see chart below) when the price was on the 1W MA50 (blue trend-line), having hit it for the first time since the week of March 12 2003, we claimed that this was the last stand for Bitcoin (BTCUSD) if the market wanted to maintain the Bull Cycle, as based on the previous 3 Cycles, it was the absolute supporting trend-line:
The 1W MA50 eventually held not once but twice and that gave way to a rally that last week tested the 73800 All Time High (ATH). That is incre
XLMUSD Still accumulating but November starts the parabolic rally.
Stellar Lumens (XLMUSD) has been trading below its 1W MA50 (blue trend-line) since the week of April 08, consolidating in what is technically a wide Accumulation Phase on every Cycle below a Lower Highs trend-line. Having entered November today though, sparks a wave of optimism in the market as historically on a 4-year frequency, this month is very bullish as the Cycle's Parabolic Rally starts. What basically confirms it is a break above the Lower Highs trend-line and of course the 1W MA200 (ora
BITCOIN Closed 2 straight green 1M candles after 7 months!
Bitcoin (BTCUSD) is closing today the monthly (1M) candle and unless it drops by 7000 in a few hours, it will close the month of October in green. That will be the 2nd straight green 1M candle since March! This 7 month consolidation period is no stranger to BTC as such patterns, where there are no straight green 1M candles, are standard Accumulation Phases that we see during Bull Cycles. So far on the current one we've had three (including March 2024) and once the market closed 2 straight green
NEIRO (NEIROUSDT) has been trading within a Triangle pattern since the September 10 All Time High (ATH). The 1D MA50 (blue trend-line) is almost in the middle of it, so the trend will be neutral and sideways as long as the price keeps trading within. Our suggestion is to trade to the direction of the break-out that takes place first. If it will be above the pattern (Lower Highs), buy and target the 2.0 Fibonacci extension at 0.2200. If below the pattern (Higher Lows), sell and target the -1.0 Fi
BITCOIN Gaussian Channel telling you the rally has already started.
Bitcoin (BTCUSD) is illustrated here on the 1W time-frame from the 2011 Cycle until today. We've used the Gaussian Channel (GC) after a long time and the reason is simple. Since the August 05 2024 Low, it has been supporting the uptrend up to today's test of the All Time High (ATH). Gaussian October support every 4 years This continuous support is a critical feature moving forward as every time the GC held at this stage of the previous Cycles (October 2020, 2016 and 2012), BTC started its fina
A lot of talk has been going around about Sui's (SUIUSD) long-term potential and many have gone as far as to compare it with Solana (SOLUSD), claiming it is a threat to the already established token. But is Sui really the new Solana? We've made today's comparison for those people in an attempt to find any technical similarities between the two. The time-frame is 1W and as you can see, we compare Sui's price action from its start (May 2023) with SOL's from the first trading day back in April 2020