Thanks you for another awesome insightful post . appreciate you sharing all your hard work with charts/explanation/etc what do you think your selling point would be for eth ? what price do you believe it could reach tis bull cycle ? also for wax/ltc . and when do you think bull cycle will last to ? I have heard maybe last till late sept/oct .. sorry for question value opinion .
I can't say for sure about ETH high this run. It's already parabolic. All we can go off of is the Fib Ext levels. 2.0 is about $4200, so I think we'd see a pullback from there, if we hit it. There are many very intelligent people directing their followers to invest into ETH at this point, and there is talk of it becoming the gold standard currency of the metaverse. With it's first-mover advantage, it's incredibly strong, and any software updates to the chain will improve it further and solidify it's lead. SOL seems to be a strong competitor, but doesn't have nearly the backing ETH does. I just don't know how that will translate into price, esp. this cycle.
For WAX, I wouldn't be surprised to see some crazy spike up to $1+ toward the end of the cycle, and for LTC, I see $900-1100 easily achievable. With BTC staying fairly strong, the xxx/BTC ratio will remain stagnant if BTC does rise along with everything else. If BTC does truly break up from here as many are saying it might, that is what will determine if this is a supercycle. We've just got to take it one week at a time... Keep a keen eye, and be ready to make a break for it if need be.
I love charts, I love spikes, I love dips, I love crunching, I love $ Cost Averaging. I dislike 1) My hybrid paper/diamond hands and 2) Great projects that can't get public support.
Thanks for the great TA and good reminder about being alert and ready for anything. I must remember to not get so carried away by the party, that I'm the one who's left to turn out the lights...
Thanks for your insight! I am going to hold my wax a bit longer...
The introduction of this piece is what made me confident in your analysis of everything. It made me trust your plan and I’m following it verbatim.
Thank you , Chris.
Thanks for your insight! I am going to keep on holding my wax...
Thanks you for another awesome insightful post . appreciate you sharing all your hard work with charts/explanation/etc what do you think your selling point would be for eth ? what price do you believe it could reach tis bull cycle ? also for wax/ltc . and when do you think bull cycle will last to ? I have heard maybe last till late sept/oct .. sorry for question value opinion .
I can't say for sure about ETH high this run. It's already parabolic. All we can go off of is the Fib Ext levels. 2.0 is about $4200, so I think we'd see a pullback from there, if we hit it. There are many very intelligent people directing their followers to invest into ETH at this point, and there is talk of it becoming the gold standard currency of the metaverse. With it's first-mover advantage, it's incredibly strong, and any software updates to the chain will improve it further and solidify it's lead. SOL seems to be a strong competitor, but doesn't have nearly the backing ETH does. I just don't know how that will translate into price, esp. this cycle.
For WAX, I wouldn't be surprised to see some crazy spike up to $1+ toward the end of the cycle, and for LTC, I see $900-1100 easily achievable. With BTC staying fairly strong, the xxx/BTC ratio will remain stagnant if BTC does rise along with everything else. If BTC does truly break up from here as many are saying it might, that is what will determine if this is a supercycle. We've just got to take it one week at a time... Keep a keen eye, and be ready to make a break for it if need be.
I love charts, I love spikes, I love dips, I love crunching, I love $ Cost Averaging. I dislike 1) My hybrid paper/diamond hands and 2) Great projects that can't get public support.
Charts are definitely something necessary but extremely complicated (like my parents marriage). Great info !
4pm est thanks
Thanks for the great TA and good reminder about being alert and ready for anything. I must remember to not get so carried away by the party, that I'm the one who's left to turn out the lights...