ShotGunJoe83
@t_ShotGunJoe83
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ShotGunJoe83
History suggests we're in the white circle area, retesting heavy resistance break out again . That resistance lies around 75k, aligning with the daily double top target. Bullrun should continue afterwards, peaking eoy around 150-200k.Then bear season til end 2026.Share your thoughts.Happy trading.
ShotGunJoe83
Not too much to say here , the chart patterns speak for themselves.Do check ADABTC where you can see a reversal is imminent.Happy trading !
ShotGunJoe83
Just following the good old pi cycle, price just stays less long above the upper white landline due to diminishing returns. One top or double, let's see what 2025 brings.
ShotGunJoe83
Look at the 4 moments we reached 1 fib in every cycle, what do you see?Yes, this time we got there before the halving.But also :2013 : no hesitation, went straight through2017 : correction 33%2020/2021 : no hesitation, went straight throughCurrently : correction 17%A 33% correction would take us to 49k
ShotGunJoe83
Currently forming the handle.Watch for the breakout.Happy trading !
ShotGunJoe83
Step 12 could be different this time because of no world pandemic at the moment, so should be less volatile.For the rest, eth is copying last run nearly identically imo + became deflationary in the mean time.
ShotGunJoe83
next stop 48-50k although we could first correct to 30-32k. After reaching 48-50, at this fib we retraced 25-40% in last cycles. Cycle top around 80k, dont get fooled bout etf news, it's been around for ages
ShotGunJoe83
Simple view on where we are ( in my opinion ).Don't overcomplicate things, simple but effective should do the trick.Happy trading and happy Easter !
ShotGunJoe83
1. Bull flag2. Rising wedge ( 1st top )3. Falling wedge4. Falling wedge5. Rising wedge ( double top )6. Bear flag7. Bear flag8. Rising wedge ( 1st bottom )9. Ascending triangle ( double bottom for now )Currently : 10. Megaphone pattern : we just broke out to the upside and are currently retesting this break outIf we were to drop back into the daily megaphone pattern and invalidate the break out, i think we will retest the 200 weekly EMA, which currently sits on top of the ascending triangle we just broke out of on the weekly.When we add the clouds to the chart it might look like this :
ShotGunJoe83
Based on previous indicator signals, this is what we could expect on the monthly chart.
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