88805
Let the CryptoBullet hit you!🔫 Premium/VIP subscription @likeniss Advertising & Crosspromotion @likeniss Not Financial Advice
#BTC
Same 184 Days of Consolidation 👀
We all know the breakout is coming 📈
$ETH/BTC Monthly chart
So we see the same pattern repeating itself over and over again 🔄
And right now we’re in the final stage of ETH/BTC bear market — Support Breakdown (Capitulation) & Accumulation
Looks like it’s time to convert some $BTC to $ETH 🧐
🎯 Target 1 - 0.0885
🎯 Target 2 - 0.110
$OTHERS.D Analysis | Why I’m Extremely Bullish on #Altcoins
So, let’s start with what $OTHERS.D actually is.
[ OTHERS.D represents the dominance of other coins (Excluding Top 10) on the market, % ]
#BTC bottoms out first and prints the first significant leg up ( #BTC Rallies, #Alts fall behind).
❗️ $OTHERS.D finds the bottom 200-300 Days AFTER the #BTC bottom.
During the next bullish #BTC impulse, #Alts catch up a little and $OTHERS.D prints its first significant leg up 📈
After that we have a prolonged Mid-Cycle Break — $OTHERS.D Multi-Month Correction that doesn’t break the cycle bottom and creates a Higher Low 👈
RIGHT NOW we are at the end of that Mid-Cycle Break, which means soon $OTHERS.D will start climbing up as both #BTC & #Alts rally but #Alts greatly outperform #Bitcoin 🚀🤫
That second leg up on $OTHERS.D is when we have that Crazy Altseason you all dream about. Are you ready for the show? 😏🎆
‘Some people say the cycle is over, #Alts are dead and #BTC won't hit new all-time highs’
👉 The cycle can't be over as #BTC Dominance is still sitting at the Cycle Top
$MANTA 1W chart
Nice Bullish Divergence on RSI 👀
I think $MANTA will break out of this Downtrend soon and hit my $1.9 Mid term target sometime in Q4
🎯 Macro Target 1 - $7
🎯 Macro Target 2 - $14
🔥 🚀 Get up to $30,000 Bonus from Bybit 🚀🔥
Register here ➡️ https://partner.bybit.com/b/cryptobullet
App Ref Code: 12377
🥇Bybit is the best exchange right now. Here’s why:
- proof of reserves. 1:1 funds backed
- no downtime, no FUD, no account blocking (hello binance lol)
- top liquidity and OI
- low trading fees
- best UX/UI
- smooth mobile app
I’ve been trading with leverage on Bybit for several years and enjoyed it, so I definitely can recommend it.
Now is the best time to join Bybit since you can get a very generous Welcome Bonus on your deposit in the Bybit Rewards Hub
S&P500 Mid term perspective
I think it’s printing a giant Symmetric Triangle
Vital Support - MA200 📍
🎯 Breakout Target - $6125
$NOT Macro chart
(chart request)
It was a nice 3-Month Correction and I think it’s coming to an end. We already see a potential Bull Div on RSI
🎯 Macro Target 1 - $0.04-0.05
🎯 Macro Target 2 - $0.15 (Bull Market Blow-off Top)
$DXY (U.S. Dollar index) 1M chart
101 Support level has been tested too many times in the last 2 years.
[ The more times a level is tested, the more likely it is to break ]
I’m sure that Key Support will be broken soon 📉
$DXY is going to 95-92 🤫
(Bullish for Stocks & Crypto)
Well, Summer 2024 is behind us and let me remind you something
What did I tell you back in May?
Quote: ’Be ready for tedious consolidation/chop thoughout the Summer.’
This Summer was flat indeed and quite choppy. We even had a mini Black Swan event in August!
So, in general, it was really tough, wasn’t it?
Now I’m telling you that soon (probably in October) #BTC will break out and make a new ATH 💯 🚀
Will I be right again? I guess I will 😏
#BTC Monthly chart
Even though August closed below $60k, I still like this Monthly candle.
As I said on August 5, it’s very reminiscent of the Covid Black Swan crash in March 2020
Same Hammer candle with a red body and a long wick
And this time we closed above the 0.618 Fib 👌
I’m still bullish! 🐂
$BTC Dominance
Bullish Divergence at the Bottom — Bearish Divergence at the Top
We’re so damn close to #Altseason...
Just a little more patience and we'll see fireworks 🚀
$ORN Macro chart
(chart request)
Tested previous major resistance line for support and bounced hard
I think eventually $ORN will break out of that 6-month Falling Wedge 📈
🎯 Target 1 - $5.65
🎯 Target 2 - $9.50
🎯 Target 3 - $18.60
$ARC 1W update
So here's the bounce that I was expecting 👌😎
+60% so far
$DOT 1W linear chart
840 Days of Accumulation. We haven’t even broken out yet!
$30-35 Zone is a Magnet 🧲
Trade with me on Bybit ➡️ https://partner.bybit.com/b/cryptobullet
🔥 Up to 30,000 USDT Welcome Bonus for new users when they register, deposit & trade!
$SUI 1W chart | Mid Term Perspective
So, $SUI has established a clear Higher Low. This start to look like a giant Cup & Handle 👀
📍 $1 is the Key Level to flip
I think sometime in Q4 $SUI will test the Major Resistance level of $2 and break it 📈
🎯 TARGET 1 - $5.7
With each cycle $OTHERS.D eats up more and more % from #BTC & $ETH Dominance. Over the last decade it’s been a series of Higher Lows & Higher Highs. With each cycle $OTHERS.D moves become less aggressive: waves up are less steep and mid-cycle corrections are not that sharp.
If we apply a Trend-Based Fib,
in the 2016-2018 cycle $OTHERS.D peaked at 1 Fib.
in the 2019-2021 Cycle $OTHERS.D peaked at 1.272 Fib.
I think this cycle $OTHERS.D will peak at 1.618 Fib - 22% 📍
#Bitcoin 1M Big Picture
This cycle doesn’t look like the 2017 or 2021 cycle. IMO it’s more like 2013 and Stoch RSI confirms it 👇
This cycle Stoch RSI peaked in March and during this 6-Month Consolidation in Wave 4 the Stoch RSI went lower than in 2016-2017 or in H2 2020-2021 (I’m not taking Q1 2020 into account because it happened before the Halving)
I think just like in 2013 $BTC is going to create a Lower High on Stoch RSI and a Higher High on price (Wave 5 - Cycle Top) 📈📍
$ZRO #LayerZero 1D chart
There’s not much history but I really like this Symmetric Triangle.
Even if it breaks and transforms into something else, my targets would be about the same
The most interesting part: 110M $ZRO tokens in circulation, no unlocks until July 2025 🤫
🎯 Macro Target 1 - $14
🎯 Macro Target 2 - $22
🎯 Macro Target 3 - $40
You can buy $ZRO on Bybit ➡️ https://partner.bybit.com/b/cryptobullet
🔥 Up to 30,000 USDT Welcome Bonus for new users when they register, deposit & trade!
$MANTA 1D chart
I think this is the bottom (we can still sweep the low but if you wanted to DCA now is the time to do it imo)
🎯 Mid term target - $1.9
Study $SUI strength ✍️
Held incredibly well despite the market crash
#TOTAL 1W chart
As with #BTC & #TOTAL2, I’m expecting 'Up Only' season soon (Q4) - Wave 5 📈
🎯 Target - $3.65T ($4.39T optimistic)
$ARC 1M chart
Nice August Monthly candle 👌
Bullish Hammer
The blue support zone is valid
#BTC 1M chart
Clean AF. Gorgeous Market Symmetry
Wave 5 is coming 📈 🤫
$SD 1W update
Holding quite well to be honest. Still accumulating in the downward channel (Bull Flag) as expected.
Stader buybacks 286.2k $SD ($150k) off CEXs (almost 3.5% circulating supply annualised at this rate) and more Stader revenues will lead to more buybacks (20% of revenue every quarter)
🎯 Targets remain
#TOTAL2 Mid term perspective
Are you ready for what’s coming? W5 📈😏
🎯 Target - $1.8T
$ORDI Macro update
No changes, just more consolidation within the Bull Flag
My expectations have not changed. More upside is coming 📈
🎯 Macro Target 1 - $240
🎯 Macro Target 2 - $690 (Bull Market Top)
$ORDI Macro Distribution Zone : $240-690 🏁
$TIA #Celestia Macro chart
So, after a phenomenal debut $TIA pulled back to the 0.618 Fib and established a base at that level.
I think soon we’re gonna have a wave up of the same caliber as we had in Q4 2023 - Q1 2024 📈
🎯 Macro Target 1 - $43
🎯 Macro Target 2 - $83
$TIA 1W update
Well, $TIA went lower than I expected, but I was right about the correction in general.
Yes, $TIA didn’t print the Symmetric Triangle that I wanted to see but predicting the type of correction is the hardest part.
In general, this chart is still valid. However, now we need to adjust the targets since $TIA went lower than expected (new targets - $43 & $83)
#BTC 1W update
What a nice continuation to the upside!
Closed the weekly back above $64k as expected 😎
So far so good 👌