Mansasuma

Mansasuma Updated 

- failed breakout for BNB on a high-timeframe basis - 5D RSI displaying a clear head and shoulders formation - weekly volatility extremely low (comments)

Mansasuma

- follow up analysis on this: - looking pretty clear that I was wrong and Bitcoin is not ready to move to the upside - with another rejection at the 72k level however odds of a substantial reversal have increased heavily - clear trend present for the last 2 months: Mondays have either been the low (green) or, more commonly, the high of the week (meaning price did...

Mansasuma Updated 

- volatility metrics absolutely floored - monthly low likely in - Ethereum ETF yet to go live Short-term ETH goes towards its previous ATHs, long-term 8 - 10k is likely.

Mansasuma Updated 

- complimentary analysis to my last one: - btc displaying a textbook retest of a giant, multi-month bull flag - 5d volatility at rock bottom supports a +40% move Fundamentals have never been better: 1. ethereum ETF has been approved and is about to go live soon 2. Trump publicly supporting crypto & crypto holders 3. the chances of a surprise June rate hike are...

Mansasuma

- Ethereum ETF approval is one of the most bullish fundamental catalysts in crypto history, very likely THE most bullish event for altcoins in general - Trump saying publicly, on camera that he will take care of the nation´s 50 million crypto holders is positive and by itself also very, very bullish - rising wicks imply rising demand but consecutive rising wicks...

Mansasuma

- apart from PEPE the only meme coin that is almost guaranteed to do something stupid - final target of the dog with a hat could be anywhere between 50 to even 100$ - estimated time of the trade: 6 - 9 months

Mansasuma Updated 

- not much to say: in a very clear inverse head and shoulders formation - the inverse h&s formation is displayed on the 2d and 3d RSI as well, giving confluence to the thesis (comments)

Mansasuma Updated 

- momentum on the monthly timeframe for Bitcoin is completely maxed out as evidenced by two things: 1. it just had 7 monthly green candles in a row (a record) 2. stochastic RSI had two 100/100 monthly reads in a row (vertical lines) which is eerily similar to what happened in Q1 of 2021 Unlikely the bull market cycle top is in but very likely we visit the 40 -...

Mansasuma Updated 

- update on this analysis: - I am no longer bullish on XRP as with this recent down move it seems the expansion of this gigantic consolidation could come to the downside - the move is not confirmed just yet however with any HTF close below 0.45 cents it becomes very likely XRP holders are going to capitulate - 2W volatility is at rock bottom, massive move is...

Mansasuma Updated 

- TIA has been in a consolidation/correction for quite a while but it finally seems she is ready for her next leg up - showing heavy support at the 0.382 fib retracement - outperformers will continue to be outperformers

Mansasuma Updated 

- BTC displayed weakness on low time-frames for several times this past week (two previous ATHs retests is NOT healthy) - as it is now currently trading below 2021 ATH level that is final confirmation that the mid-term top is indeed in place - with a weekly SFP of range high, the most logical target for downside is the 20MA (blue line)

Mansasuma

- consolidation range that lasted more than 600 days - with today´s breakout FTM has a free ride to 1.5, possibly 2$ - extremely high probability of outcome

Mansasuma

- complementary analysis to this one where I talked about the XRP/BTC pair - XRP/USD has been consolidating for seven long years, ever since the 2017 top but I do believe the time of consolidation is now over - the moment XRP/USD closes a high tf candle above the upper trendline I would be looking for a nearly vertical move in the span of two - three months XRP...

Mansasuma Updated 

- clear and key market acceptance pivot (orange dotted line) - with a new monthly close tommorow, if we close above it, it makes sense to look for Bitcoin´s next (and potentially last) leg higher - should happen extremely fast Remember though, in times like these it is always important to think clearly: due to how fast this bull cycle has been playing out, I...

Mansasuma Updated 

- a 2019 shitcoin that is now somehow someway almost trading at new ATHs on a wick basis and already trading at new ATHs on a closing basis - with it being an AI coin and looking at what NVIDIA is doing in traditional markets it makes sense that AI coins are going to be the hottest narrative of this cycle - with a setup similar to BNB in 2021 before its run to...

Mansasuma Updated 

- a patch of area that has offered support to XRP˙s btc pair for many years - several red monthly and weekly candles (comments) in a row is unsustainable - a mean reversion is expected to happen between now and May A possible trigger of such an upside move is SEC settlement/XRP spot ETF.

Mansasuma

- inverse head and shoulders formation complete - a trend reversal is in progress - this could be the start of a mega run that sends PEPE to a market cap of more than 30 billion dollars in 2024 - the most likely crypto coin to pull a 100x rally in this market cycle? The one that has already done it once.

Mansasuma Updated 

- follow up on my recent analyses where I wrongly predicted that BTC is not ready for new highs yet and needs more time to consolidate: - it appears that this cycle is indeed different as BTC has already closed a weekly candle above the 0.618 macro fib on its first attempt and BEFORE the halving which is something that hasn´t been done in the previous two cycles...