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#C98 Macro chart
This long sideways consolidation below $0.3 is just one big Accumulation (currently forming a huge iH&S. Target or this pattern is $0.87).
🔨 Major Resistance: $2.0-2.7
🎯 Target 1 - $2
🎯 Target 2 - $5 (Main Target)
🎯 Target 3 - $10
There we go! $SEI pumping to the ATH as expected 📈 🤝
+78% profit gained with 2x leverage so far
$BLUR vs $SUI 👀
Charts look quite similar but $BLUR is lagging behind
Now I think it’s time to send $BLUR to $1.5-2 🚀
$DYM update
$DYM has expanded its consolidation structure
I’m still expecting $10+ 🎯 📈
💥 Important #Altcoin Notice | Sideliners Better Watch This
I think these are the 2 charts that can answer the most important question of where we currently are in the altcoin cycle.
$ADA 2017-2020 & $KSM 2021-2024
Just look at the $SUI Monthly chart 👀
Impressive candle, innit?
My $2 target remains and I add my next one - $3
Meanwhile $SUI TVL surpassed $500M 😎
Historically, it takes several months for #BTC to pull back/consolidate before going higher (Second Green NUPL/Parabolic Phase)
📝
2012/13 cycle - 160 days
2016/17 cycle - 190 days
2020/21 cycle - 480 days
#C98 update
Nice bounce! 😁
+38% profit gained so far
The big breakout is yet to happen
$GAL 1W chart
Dropped my drawings, switched to linear.
Just 1 horizontal line.
Anything below it is Accumulation!
This picture looks very bullish to me 🐂
$DYDX 1D 👀
Breakout -> Retest -> Continuation 📈
Looks bullish. Short term target - $3.5-3.75
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$ADA 2017-2020 & $KSM 2021-2024
We have the same ⬆️Double Bottom⬆️ structure
(first bottom syncs with the #BTC bottom, second bottom is slightly lower while #BTC stays well above its bottom) and a small Mid term Rally between them. All this action is just a long horizontal Accumulation.
You may ask so when is the best time to buy? Bottom 1 or Bottom 2?
Bottom 1 is a good buy zone, however you better buy #BTC there. Bottom 2 is a Perfect Buy but you never know how deep it’s gonna get. I think the most confident buy is when we see the Structure change.
What’s that Structure change I'm talking about? Well, it’s basically the first Significant Higher High that breaks the high of the Mid Term Rally between Bottom 1 & Bottom 2.
But we don’t buy the top, do we? Of course we shouldn’t buy the ‘Significant Higher High’ top. We should wait for a pullback, usually 0.618 Fib is a great buy.
$KSM is a perfect example. All those phases are present.
ADA: 934 days from the Bull Market Top to the Structure change;
KSM: 952 days from the Bull Market Top to the Structure change.
So what we have now: $KSM (it can be any other #Alt) created the first Significant Higher High since MAY 2021! That’s something to think about. Consider changing your bias if you’re still a bear waiting for a lower low. 🐻❌
$KSM has already pulled back to 0.618 Fib and still trading around it (the same what $ADA did in 2020).
I think it’s a good opportunity to start scaling in if you’re still sidelined. Zoom out and don’t be greedy! ✌️
$DYM looks short term bullish 👀
I expect this bull pennant to break out 📈
(confirmed when the 0.618 Fib & resistance line are broken)
🎯 T1 - $9.30
🎯 T2 - $10.75
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$FLOW 3D (linear)
Just look at this chart and stop asking me about $FLOW
I’m holding! Imo it can easily hit $4-8.
If you are impatient or too greedy, I’m not here to convince you, sorry.
🖐️🎤
$MBOX Macro chart
Current price and anything lower should be a good long term buy imo
🔨 Major Resistance: $3.60-4.25
🎯 Target 1 - $1.8
🎯 Target 2 - $4.0 (Main Target)
🎯 Target 3 - $9.6
$MATIC (#Polygon) Macro chart
As we can see, $MATIC loves to form huge Symmetrical Triangles. Deja vu
As long as the Support line holds we can expect a breakout 📈
🔨 Key Resistance: $1.25-1.85
🎯 Target 1 - $3 (ATH)
🏁 Bull Market Top Target - $12
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- top liquidity and OI
- low trading fees
- best UX/UI
- smooth mobile app
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Now is the best time to join Bybit since you can get a very generous Welcome Bonus on your deposit in the Bybit Rewards Hub!
Second time in the cycle when #BTC NUPL goes green (blue arrow) it indicates the start of the Bull Run (Parabolic Phase) 🐂 🚀
Patiently waiting for the second green NUPL later this year 😌