Brandon_Cooper

ETH TO BREAK THE $2K MARK BEFORE RETRACEMENT! Good day my fellow crypto traders, HODlers, speculators and critics! Before I get into the technical side of things I would like to mention to those who are not aware of the ZKSync release which is a huge milestone in the ZK-rollup space. In laymen's terms ZKSync is an update that offers low gas and fast transactions, without compromising on security. The ZKSync era is also here to make the Ethereum network more decentralized, through making it possible for retail traders to operate nodes on the network as the GPU requirements have dropped dramatically to 8GB. This will help prevent large institutions running nodes to centralize the the network and instead give everyone the ability to run their nodes with less processing power. Now that, that is out the way here is my explanation for my prediction on the market structure of ETH in both the short and long term. Short term bullish flag formation (yellow): We are currently channeling a bullish flag fomration within a bearish flag formation. To focus on the bullish flag formation, the price prediction before a retracement is due, is roughly $2400, however, this will not happen over night per say as we have a few levels of resistance we have to cross before this is possible, first one being the $2k and roughly $2.1 marks. Elliot wave indicator 1-5: In order to be more confident in the potential retracement out of the bearish flag formation to the predicted levels of $1.4k, the Elliot wave formation must be completed which would mean the price reaching $2.4k, or the price would bounce off the $2.1k mark resulting in a double top before the price begins to move down in the days/weeks to come. These low prices will most probably only be found nearing the end of the year, into early 2024, before the bull market begins in full swing. Bearish flag formation (white): This price prediction in the longer term is highly possible due to the fact that a constant higher high and full swing bull market structure is a bit premature at this time, regardless of the narrative being shifted into a bullish point of view. It would not be healthy if the market continues rapidly to the up side and would most definitely result in an over inflated price, which in return would result in a major retracement offsetting the strengthening of much needed support and resistance levels for future price action. Please be aware that this article in no shape or form is direct financial or trading advice and should only be used as a metric to add extra confluence to your already existing analysis and do-diligence on this specific topic. Be safe out there and trade responsibly, even if the market is looking unstoppable, ESPECIALLY if the market is looking unstoppable, this generally is a sign that the market is far from it. Thank you for reading to this point! feel free to like and follow for more daily articles like this. Comment your opinion on this topic, whether you agree or not, every opinion strengthens the case for or against certain changes made to my perspective.

| BTCUSD | BULLISH INDICATORS IN THE SHORT AND LONGER TERM!! Good day all. BTC is currently showing many bullish signals along side the BTC spot ETF news, which is currently in regulatory review but has more or less been approved by the SEC. This news alone is revolutionary for the market, however, we have not seen close to the gains one would expect out of this news. some would say it is due to the the XRP win over the SEC which has taken all the hype from this statement, however, I do believe this is accurate to an extent, but there are other forces at play here. I do feel the asset class is being suppressed for accumulative purposes, which in turn will eventually result in a spring effect which can result in the prices reaching highs of 50k plus in the weeks to come. I would like to jump into some technical to add extra confluence to the topic at hand. The 30k level has shown to be a strong point of resistance of of late, however, this level is primed for a breakout to the bulls as we have found a clear formation of a cup and handle. Cup and handle: The pattern is currently primed for a breakout as we have found a lower time frame flag formation (bullish) at the tail end of the handle which generally is a great sign for a potential breakout. if this prediction comes to light we should see a generous move to the upside aided by the additional news as of late which strengthens the case. short term levels can find itself retesting or even breaking the 35k mark in the days that follow the breakout. Longer term predictions can result in the 45k level of resistance being tested before a major retracement is found. EMAs: I am using the 18 and 100 EMA indicators for my analysis. As you can see the 18 has just crossed over which is a great signs for the bulls as it signals a trend reversal from consolidations into an uptrend which also falls in line with the cup and handle as well as the ETF news. There is growing suspicion in the market at the market regarding the consolidation of price during such a pivotal time the Crypto history, however, one can only speculate the reason. All i can see from my opinion is the market is properly primed and ready for a break as the narrative has shifted so suddenly. Thank you for your time here today, please feel free to like and comment if you found this article helpful to add extra confluence to your existing analysis. be safe and enjoy the bull market while it lasts.

DID XRP JUST SPARK THE UPCOMING BULL MARKET AGAIN! So for those of you who do not know yet, I'm glad to be the one to let you know that XRP/Ripple has officially been ruled in favor over the SEC and is NOT deemed a security. After all these years the XRP tree has finally bared us juicy fruit. The reason I am suspecting the beginning of the next bull market is obviously based on the fact that XRP has won the case, however, I have gone a bit deeper than that. The previous bull market of 2021 was sparked due to the news of the Ripple case, could of been a co-incidence, but I am open to criticism on that statement, however, the market rallied roughly 66% after the news broke in the previous cycle (month of November 2020) A visual comparison to the structure of the previous bull market stem and the current market structure share a few striking similarities. in order to gather more confluence in my statement i have gathered info from a few indicators which i shall express in the paragraphs that follow. MACD: As indicated within the circles, those particular formations share a common feature, they both break away sharply after a almost harmonic consolidation period. MA: I have used the 18-100EMA MA on my chart. As you can see the 18ema breaking above the 100EMA in the previous bull market resulted in an on going incline of the price. in the current market structure the 18 is on the verge of breaking the 100, which is a great sign for the bulls. Narrative: You cant deny that the narrative behind the market as a whole, especially XRP is currently at an all time high and I feel it is only getting started as institutional backing is a guarantee as XRP is officially the first regulatory approved asset. Next move is adoption into the framework of CBDCs. I do feel the market is doing to have a retracement in the days to come, however, nothing to alter the long term perspective. if you do plan on putting some cash into XRP, maybe wait a couple days as a retracement is most likely going to occur. (not financial advice) Let me know what you think about the current state of the market and whether you disagree with my point of view, am always open to constructive criticism. Thank you for your time, feel free to leave a like and follow if you'd like to receive more crypto related analysis.