DescryptoAdri

DescryptoAdri

Hi all, and thanks for reading my analysis. I know at this moment it might sound insane to say COINBASE:BTCUSD will sharply decline towards the end of November, reaching a bottom by Feb 24. The reason behind this belief is a replay of what happened during the previous bear-to-bull transition of 2020, when BTC crashed during the COVID scare. Could it happen...

DescryptoAdri

If history was about to rhyme, these are the levels and dates that I'd expect BITSTAMP:BTCUSD to bottom out before the next bull run: Bottom 1 - 03/12/2023 - bottom around the 22500 mark, give or take. Bottom 2 - 27/02/2024 - bottom around the 20000 mark, or near 2017 bull top (19950) I cannot tell if that is going to happen, however if it does, I'll have my...

DescryptoAdri

According to my previous analysis, COINBASE:ETHUSD was supposed to reach its bottom before the next bull run in the second part of Aug/beginning of September. Well, we're here, and ETH is taking a dip to the previous support line of its diagonal fibb. Whilst most are scared to buy now, this might be the opportunity you've been waiting for before the rocket...

DescryptoAdri

Based on previous cycles, ETH is about to take a U-turn and start a downtrend for the next year or so. The recent heads and shoulders pattern is at a critical point and failure at this point would indicate the beginning of the way down. A rejection of the pattern indicates a different trajectory from last cycle. We won't know until the markets decide which way to go.

DescryptoAdri

Based on its past bull/bear cycle, ETH has reached its bottom for a while now. I do not like to push bear or bull narratives, but just taking the fibb levels into consideration we're at a good place to buy if you plan to hold on to it for the long term. What I'm planning to do is to buy a bit around current price and leave some dry powder ready if it falls back...

DescryptoAdri

Based on the Head and shoulders formation on ETH these past couple of weeks, a break below the neck line could bring us to the 1100 range. If it does happen, are you prepared?

DescryptoAdri

Suppose that the SP:SPX decides to correct all the way to previous ATHs. We'd be taken from current levels to ~1500 points. Do you believe this could happen? And if so, how would you prepare fur such scenario? Only time will tell. But I'm prepared.

DescryptoAdri

If we were to retrace 85% from the top like last time, COINBASE:ETHUSD would see lows around the 700 dollar mark at the peak of the bear season. It sounds unthinkable now, but the point here is to be prepared. IF it goes down to 700 USD, will you be buying/selling? A potential event that could trigger such a dire correction would be a failure of ...

DescryptoAdri

Yes folks, BINANCE:BTCUSDT is all doom and gloom right now, but we're about to touch the average price since its early days. I wouldn't be surprised if we retrace all the way back to its 200 W MA as it already did during the past bear market, but if does I'll be parking the jumbo jet to buy more. Keep a cool head. Go out and enjoy family and friends. Worrying...

DescryptoAdri

It's interesting to see how BINANCE:BTCUSDT respects the fibb retracements since it's first bull market. I'm still working on identifying all the relevant ones. When will we see it reach the 100k fibb finally? Let me know in the comments.

DescryptoAdri

Hi everyone, I spent some time today comparing the current BITSTAMP:BTCUSD scenario with what happened post peak in 2013/2014. Basically, after its peak in the 2013/14 cycle, BTC entered a bear market and reached its bottom after 14 months, back to the 0.786 fibb retracement line. If the scenario is repeating itself, my estimations are as follows: - BTC...

DescryptoAdri

I see so much bullishness with regards to BITSTAMP:BTCUSD , but it seems the influencers are failing to take a step back and consider a few signs that have been developing on the weekly chart. By no means I'm saying this will eventuate. At the end of the day, any manipulation can revert these signs in a second. However, the current scenario is giving me a...

DescryptoAdri

Today I decided to put some more thought about the BITSTAMP:BTCUSD lifecycle since its inception, and came across a pattern I hadn't realized before. Post its bull run phase, BITSTAMP:BTCUSD entered a long accumulation phase that brought it down towards the Weekly support line, where it stayed for a good while. Based on what we're seen right now, this has...

DescryptoAdri Updated 

Similart to COINBASE:LTCUSD , BITSTAMP:XRPUSD has just printed an inverse heads and shoulders pattern. Super bullish signal. Do you guys have a different view?

DescryptoAdri

COINBASE:LTCUSD has been a great investment in the past couple of weeks if you knew how to play your cards. We had an inverse heads and shoulds that got confirmed and gave us a 12% profit, but right know there are 2 wedges forming: on the weekly and the 4h charts. ATM I'll be in the sidelines waiting for a definition. I personally think a bigger correction is...

DescryptoAdri

Just noticed this inverse heads and shoulders pattern for COINBASE:LTCUSD . I've being topping up for the past couple of weeks, now it's time to sit and relax. What do you guys think about LTC?

DescryptoAdri

If I told you this curve might actually happen, would you believe it? Please share your thoughts.

DescryptoAdri

Despite of what people say, Technical Analysis can give us strong hints about BITSTAMP:BTCUSD . Most ofthe indicators in the diagram have been plotted many months ago, and BITSTAMP:BTCUSD is faithfully delivering to our expectations. Now, what we can't tell is whether it will rise or fall, but our indicators give us a great idea as to where supports and...