BallaJi

TWO Clear patterns Double bottom and a Bull Flag.Two respective Log Projections for you to consider. This suggest strong Solana performance is incoming and another round of #Memecoin frenzy.

One of the most insightful ratio charts that provides a remarkable glimpse into the vitality of Altcoins and the appetite for risk is when Ethereum outshines one of the fastest rising stars in the stock market, #NVDA!The conventional Altcoin index indicates how many of the top 100 Altcoins are outperforming #BTC.This is indeed a valuable metric that we can rely on for identifying peaks.However, I believe that if we broaden our perspective and examine the ETH ratio against a Tech Titan, we can truly pinpoint the timing of the banana zone. When it starts and when it is confirmed violent uptrend. My interest in this ratio was sparked when ETH was still a proof of work coin, validated through GPUs; it seemed like a natural starting point to assess whether the ETH price was overvalued or undervalued.Even after the transition to POS, I still think it’s worth analysing, as shown by the recent double bottom on the ratio!The next crucial question is when we can break the multi-year downtrend to genuinely confirm the Banana zone. Because without ETH, there’s no party.If we enter a big strong banana zone, I believe the ratio could swiftly trend towards 100, so we will be keeping a close eye on it!

Grok, the AI supercomputer interface on Elon Musk’s X platform, predicts that Dogecoin might hit $10 between 2029 and 2040.While I remain hopeful, I believe that a more realistic target could be around 3-5 dollars by the end of this decade. This could potentially trigger a significant blowoff top, leading to an extended bear market for cryptocurrencies.When you examine this chart, it’s hard not to appreciate its beauty, comparable to Bitcoin, as it showcases a well-defined uptrend and follows cyclical rises and falls. This has resulted in Dogecoin creating numerous millionaires. The pressing question is whether those investors who currently hold 250,000 coins will become the next wave of millionaires in just a few years?

Experts foresee Ethereum’s future mirroring that of early Amazon and Microsoft, predicting significant growth.Analysts draw parallels between Ethereum (ETH) and major tech companies such as Amazon and Tesla, indicating that it could be a high-growth asset moving forward.Even though ETH has experienced a recent decline, several analysts point out the increasing interest from institutional investors, with substantial holders actively accumulating.The long-term prospects of Ethereum are linked to its innovative capabilities and established reputation, with its security-oriented strategy echoing Amazon’s approach to growth.The analyst pointed out that this is a pivotal moment to "front-run" Ethereum's potential supremacy in the blockchain arena. He emphasized that Ethereum is set apart by its ongoing innovation; however, instead of focusing on immediate user expansion, the network has prioritized security. This dedication to dependability has established Ethereum as the most reliable settlement layer in the sector.Please refrain from analyzing ETH as if it were Procter & Gamble. Acquiring ETH is more akin to investing in a high-growth stock like AMZN, MSFT, or TSLA from decades past.Ethereum's approach to enhancing the dominance of the EVM could be compared to Amazon.This chart comparing ETH prices to Tesla's stock price indicates a parallel trend of growth and dominance. Make no mistake, I am quite optimistic about Tesla's prospects through 2030.But this ongoing head and shoulders pattern implies that as we move into the Crypto Banana zone, ETH will accelerate and potentially surpass Tesla's market cap.#HVF TheCryptoSniper

...this year? YES 69 BILLION Dollars for a Frog coin!To assess the potential growth of a cryptocurrency, we first need to identify its all-time low price. Coinpedia reports that PEPE's all-time low was $0.00000005514 on ETH via Uniswap on April 18, 2023, marking the lowest price recorded on a decentralized exchange. For PEPE to achieve a 3000X increase, it would need to rise to $0.00016542 by December 31st. Given its current price of $0.000014238, this represents an 11.5X increase from its present value. With a total supply of 420.69 trillion tokens, reaching the target price would result in a market cap of $69.58 billion. While this may seem ambitious for a memecoin lacking utility, the idea of hitting such a whimsical market cap is tempting. I estimate the likelihood of this happening at around 2.5%. (This scenario also suggests a reasonable portfolio allocation for those primarily holding #BTC and #ETH and I highly suggest rebalancing above 5%)

The SEI network is currently displaying positive price movement after recently breaking out of a downward trend channel that had been in place since the peak on December 5th. On the daily chart, it has been trading sideways within the upper channel, indicating a potential retest of that breakout. However, the momentum isn't particularly strong, especially since Ethereum, the frontrunner in the altcoin resurgence, isn't exhibiting explosive upward movement either.Should the situation shift and Ethereum regain its leading position, I believe that many struggling smart contract platforms, which have seen their prices plummet by over 80%, could also experience a robust recovery.If Ethereum manages to climb back into the $2,000+ range, I anticipate that SEI will reach its target on the chart, which is approximately 30 cents.

What beautiful price action.We are going higher. disagree if you want. But you should probably hedge that viewpoint, with a bullish bet.BALLA JI!WE WILL WIN.#BTC breakout of the neckline.#BTC has a rising wedge structure.#BITCOIN#BTCis taking it home to target two

...for Bitcoin, allowing investors to enhance their long-term holdings. Purchasing risk assets when the #VIX exceeds 50 and over 20% of stocks fall below their 200-day moving average has consistently yielded positive returns, with a success rate of one hundred percent when evaluated one week, one month, and three months later. This particular scenario has only happened 11 times in the history of the S&P 500, and the reading from Monday, April 7th, marked one of those rare instances.#BTFD#BTC #BITCOIN #CRYPTO#VIX #FEAR

The BTC/GOLD ratio has experienced a significant correction, currently standing at 27 gold ounces per 1 Bitcoin, down from a peak of 41, representing a decline of 34%. Gold, priced at $3,114 in US Federal Reserve notes, is in a sustained bull market. It is reasonable to anticipate that the digital equivalent of gold will gain traction once gold stabilizes at a higher price point.The Gartley pattern is recognized as the most prevalent harmonic chart pattern. Harmonic patterns are based on the idea that Fibonacci sequences can be utilized to create geometric formations, which include price breakouts and retracements.The Gartley pattern illustrated indicates an upward movement from point X to point A, followed by a price reversal at point A. According to Fibonacci ratios, the retracement from point X to point B is expected to be 61.8%. At point B, the price reverses again towards point C, which should reflect a retracement of either 38.2% or 88.6% from point A. From point C, the price then reverses to point D. At point D, the pattern is considered complete, generating buy signals with an upside target that aligns with points C and A, as well as a final price target of a 161.8% increase from point A. Often, point 0 serves as a stop-loss level for the entire trade. While these Fibonacci levels do not have to be precise, greater proximity enhances the reliability of the pattern.Will these consecutive Gartley patterns succeed in bolstering Bitcoin's strength? We will soon discover the answer.

#InverseHead&ShouldersLinear and Log Targets provided <3