googooboyy

NOT FINANCIAL ADVICE This is a very generous idea that considers the bullish scenario for $VET. The risk/reward ratio is 7.5 (317% upside vs42.5% downside). However, this is only due to the really high beta that VET posits. It's a risky trade, sure, but the rewards are sweet -- if this plays out.

NOT FINANCIAL ADVICE Let's start with this bullish outlook on Bitcoin and its various phases: Here, I estimate the likelihood of BTC 's journey through its Cycle Wave III.

This is not financial advice. In my previous post, I suggested that Minor Wave 4 could go all the way down to 0.618 fib: However, after doing a deeper dive into the long squeeze in the last day and looking at its recovery, I think BTC has completed its corrective Minor Wave 4. This means that we're looking up towards an impulsive Minor Wave 5. If Minor Wave 5 completes, in my bullish main Elliot Wave count, we would get a full picture for Intermediate Wave 1. We would then be able to expect an Intermediate Wave 2 correction. However, while Wave 2 usually corrects 0.618 fib, this time round, BTC has shown inclination and strength to correct between 0.236 and 0.328 levels. And then we will be making that Impulsive Wave 3 up. That will be bonkers.

So it was a long squeeze after all, and one that was coming. The initial thoughts were that we're on a Wave 5 up and counting: But we're brought back down to earth as BTC breaks below $115k, invalidating a Wave 5 count. So, it's official: we're still on a Wave 4 correction, which can go as low as 0.618 fib towards $112k. Now painting a likely scenario given that Wave 2 correction only moved 0.236 fib ~ 0.328 fib (Wave 2 & Wave 4 often contrast): This could play out till end July or even all the way into early August, which if comes to fruition, could signal for a bullish August. And August has historically almost always been a bearish month (8 red historical months out of 12). Pinch me.

Supercycle (years): Wave (III) Cycle (months): Wave III Primary (weeks): Wave ((3)) Intermediate (days): Wave (1) Minor (4H): Wave 5 Looks bullish in the short term. Let's Go!

* Not financial advice. For educational purposes only.* Let's go for the next bull run! Blow off top, here we go~Looks like Minor Wave 5 completed, and we're onto a corrective Intermediary Wave 2 -- and as usual, wave 2 is often accompanied with doom and gloom.

NOT FINANCIAL ADVICE + DYOR + DD These last 4 weeks have not been like the torrid last 4 years for team Zilliqa, whose co-founders left, CEOs kept changing, price action were depressed, projects (Metapolis, console gaming) waned, and TVL lost steam. But Zilliqa 2.0 is coming with plenty of promises. And promises create hype. And hype creates demand. And demand is unpredictable. Or is it? It may not be Altszn quite yet, but for Zilfam, it's shaping to be one. After briefly lurking around ATLs, ZIL came alive without much warning. Currently, on the 1H charts, it's looking positive as it is showing a bit of strength: higher lows bullish pennant hidden bullish divergences Nothing to complain in these last 4 weeks indeed!

NOT FINANCIAL ADVICE One word: Mark up. Okay, so they were two words. Support at $0.022 tested successfully but we could still test this if no breakout takes place in the next few days. A markup towards primary resistance zone 1 is underway. Ideally, we see a breakout and a test of this zone as support, shortterm. With Zilliqa 2.0 approaching, and new proposals underway (raising of SSNs comm fees up to 8%), plenty of bullish fundamentals to hang onto.

BTC broke descending wedge structure towards new price discovery territory after exhausting $60-$70k Bears. Path of least resistance? Expecting a small correction (Nov/Dec24) before continuing towards $95~$115k n beyond (Jan/Feb/Mar25). Stochastic RSI plateauing but RSI is bullish. But I'm not one of those calling for $250k this Bull Run. There are still has plenty of chinks to iron out before bitcoin is globally accepted as a true reserve asset. Perhaps the next crypto winter will allow decent development and mass acceptance. May the trend be with you.

The halving is a process in cryptocurrencies like Bitcoin where the reward for mining new blocks is cut in half approximately every four years. This reduction in mining rewards helps control the supply of the cryptocurrency, leading to a decrease in the rate at which new coins are created. As a result, halving events typically lead to increased scarcity and can potentially impact the price of the cryptocurrency, often driving it higher due to decreased supply and increased demand. In the near short term, anything can happen. This post looks at the past effects of the Halving and any potential case that is affecting the event this time round.