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โšก๏ธ $ATOM is looking for a Fifth Wave Extension!

๐ŸŽฏ Next Target at $15.80

๐Ÿ’ฐ Gains from Signal โžก๏ธ +28%
๐Ÿ“ˆ Recovery from Bottom โžก๏ธ +58%

โ€”โ€”โ€”

โšก๏ธ $MATIC attacks the Fib 61.8%.

๐ŸŽฏ Next Target at $1.50

๐Ÿ’ฐ Gains from Signal โžก๏ธ +30%
๐Ÿ“ˆ Recovery from Bottom โžก๏ธ +41%

โ€”โ€”โ€”

โšก๏ธ $SOL is consolidating in a Bullish Ascending Triangle (trend continuation pattern).

๐ŸŽฏ Next Target at โ‚ฌ30 ($32)

๐Ÿ’ฐ Gains from Signal โžก๏ธ +107% ($+113%)
๐Ÿ“ˆ Recovery from Bottom โžก๏ธ +209% ($+213$)
Power Crypto Club
#NEARUSD continues to rise after a proper retest on the last resistance broken turned support.
โšก๏ธ$NEAR just hit its highest price since 8-Nov. last year, at $2.437

๐ŸŽฏ Next target at $2.80

๐Ÿ’ฐ Gains from Signal โžก๏ธ +50%
๐Ÿ“ˆ Recovery from Bottom โžก๏ธ +98%
#Bitcoin is the Key.
โšก๏ธ#THETAUSD Breakout attempt with its eleventh consecutive daily bullish candle.

๐Ÿ‘‰ I'm excited to add $THETA to the "Selection of Alts" as I have a long history with this token which I successfully traded on #Huobi for 6-7 months before it was listed on #Binance, BUT the main reasons are a strong Dev team within Theta Labs, and a product that has no competitors, or who are very far behind.

๐Ÿ‘‰ Today, $THETA is still stuck in that 250-day maturity range that it will need to breakout if he wants to catch up with the next bull market leaders. It may sound like a big challenge, but no doubt $THETA has the potential to success. IMHO, it's a secured token to have for diversification in a portfolio for long term.

The regression line shows an undervalued token price which should be above $4
Power Crypto Club
โœ… G'morning #Bitcoinโ€ผ๏ธ ... with at wakeup the Pennant Pattern Breakout done, before reaching for the breakfast a 2023's New High Price at $21,440 and leading in its uptrend the whole pack of the "Selection of Alts" which kicks off on Monday morning in fullโ€ฆ
โœ… If $BTC is now retesting its broken resistances to turn them into supports...well, #Bitcoin sellers will be in trouble because they haven't finished getting their short positions liquidated by the market! ๐Ÿ˜‚

๐Ÿ‘‰ Right now, the $BTC price structure looks very strong and almost unstoppable. The price is now just below (1) a 2-month resistance, (2) the last high price resistance and (3) the 61.8% Fib retracement, all three of which (I'm sure!) will be crossed like butter. ๐Ÿš€
Power Crypto Club
๐Ÿ† $ETH has been the first to breakout its resistance with an frank exit-range of almost +5% at $1,420. If no re-test on resistance, then next target ar $1,500. ๐ŸŽ—$BTC attempted to breakout from its range with a 5.50% jump last night, increasing its price byโ€ฆ
โœ… Lazy Monday for $ETH which is fully understandable after waking up all the crypto market including $BTC, but right now its price is in the beginning of process to break the $1,595 resistance.

๐ŸŽฏ Next Targets at $1,660 and then $1,780
๐Ÿ– Tuesday Accumulation for everyone!

Only $AAVE & $SAND attempted a timid breakout but quickly failed, still increasing their highs by around +1%.

๐Ÿ‘‰ After 3 days of strong rise last week that boosted the Total Crypto Market Cap from $810 billion to $955 billion (+18%), this ACCUMULATION PHASE is still needed on price structures, to Consolidate Price Movement within a given support and resistance range for a period of time, and before the uptrend resumes.

โš ๏ธ The longer this period, the stronger the next impulse wave will be, reducing also the risk of a return to low prices.

๐Ÿ‘‰ In 2021, when #$BTC suddenly went vertically from $32k to $58h in just 3 weeks and without any consolidation, the first correction was very strong, cancelling up to 70-80% of the gains from bullrun.

The next 2 impulse waves drove the price up to new ATHs, which completely blindsided all the newbies and their influencers who spent their time everywhere shouting "To The Moon" like donkeys, instead of looking at the $BTC price structure that showed a mature CONVERGENCE, indicating an impending TREND REVERSAL.

You know what next, with the easy fall of $BTC which did not encounter any serious obstacle until 30K where the first strong support was!

Anecdotally, I remember being insulted for sharing this "Convergence Pattern & its Consequences", because I was supposedly going to cause many investors to miss the train to $100,000. ๐Ÿ˜‚.

โš ๏ธ You can't be forced to follow the mass, Just Trusting Yourself.
Start your day with #Bitcoin.
โšก๏ธ#ICXUSD price structure is technically interesting with 2 matured patterns indicating potential Trend Reversal + Strong Bullish Uptrend to come after Breakout.

1) 5-month BEARISH TRENDLINE validated by 3 points and which has just been broken a few days ago, indicating a strong potential of TREND REVERSAL.

2) 70-day "Adam & Eve" DOUBLE BOTTOM pattern with $ICX price rising continuously since 1-Jan, and which will soon attempt a BREAKOUT from pattern resistance to definitely escape its Bottom.

3) All EMA20/50/100 now support the $ICX price before the Breakout tentative occurs.
โœ… Well, it's a bit strange as I can see the same red wick of intensity that has occurred in the $BTC price structure, across all major US and European indices... the US dollar index remains stable... and #Binance did not go into suddenly maintenance without any notice... ๐Ÿ˜ฐ๐Ÿ˜

... So maybe some other news that I haven't seen yet, or it could also be from a zealous announcement made at their annual "masquerade" World Economic Forum held in Switzerland, since Greenpeace accused the VIPs of the Davos Summit of "HYPOCRISY" over the use of 500 private jets. ๐Ÿ˜‚

๐ŸšฉAnyway, all these leaders gathered to discuss the priorities for the coming year, and who are supposed to find solutions through public-private cooperation, have never solved any major problem for the populations, quite the contrary!

๐ŸšฉThe world is getting worse every year and it is only because of these few leaders that we have a growing gap in economic inequality between rich and poor.

๐ŸšฉSince the past decade we are witnessed the largest transfer of wealth in history, with more than 80% of the wealth created each year by the people of the world which ending up in the hands of the richest 1% of the population of the planet.

๐Ÿ˜ก The recent billionaire boom is not a sign of a thriving economy as many so-called experts would have you believe, but a true symptom of the failure of the economic system.

@AlainBKK 19-Jan-23
๐Ÿ›‘ The US Department of Justice (DoJ) officials made a huge Live Announcement worthy of a Francis Ford Coppola Hollywood movie, after the Russian co-founder of a Hong Kong-based crypto exchange, #Bitzlato (completely unknown in the crypto community) was arrested yesterday in Miami for laundering $700 million related to illicit Russian finance.

Well, they were much more low-key and unstaged after the arrest of young Californian entrepreneur Sam Bankman-Fried, founder of #FTX and 2nd largest crypto exchange, who defrauded millions of investors out of over 10 billion dollars, which is about 15 times more than the $700 million of #Bitzlato launderer.

BTW, Bitzlato is not among the 244 exchanges listed on CoinMarketCap, and their Twitter account does not even reach 1,500 followers.

This charade by the American authorities is simply ridiculous. ๐Ÿ˜ฃ
Back to Green ๐Ÿ’š
โœ… Crypto vs. Fiat Currency Money Laundering Statistics (1/3)

With the rise of digital currency, todayโ€™s money laundering isnโ€™t limited to USD or other fiat currencies. However, money laundering through cryptocurrency is surprisingly difficult. Here are the facts:

๐Ÿ”น $BTC money laundering only makes up 0.9% of money laundering in USA and only 0.3% globally.
๐Ÿ‘‰ The amount of #BTC that was criminally exchanged in 2019 was $2.8 billion. While this might seem like a lot, it pales in comparison to the potentially trillions of dollars laundered annually around the globe.

๐Ÿ”น As of 2021, the IRS has seized $1.2 billion worth of crypto.
๐Ÿ‘‰ The amount of crypto seized from cybercrimes has grown exponentially over the past 3 years. From 2019-20, the amount seized increased from $700K to $137M, while from 2020-21, that number increased yet again from $137M to $1.2B.

.... If you liked, more money laundering stats to come soon! ๐Ÿ’ฐ๐Ÿ’ฐ๐Ÿ’ฐ๐Ÿƒ๐Ÿป
โœ… Crypto vs. Fiat Currency Money Laundering Statistics (2/3)

๐Ÿ”น Despite a rise in cybercrimes in 2020, criminal activity that used crypto fell by over half between 2019-20.
๐Ÿ‘‰ In 2019 the proportion of cybercrimes that made use of crypto was 2.1%. However, despite the pandemic, this number fell to only 0.34% in 2020.

๐Ÿ”นMoney laundering in USA makes up 15%-38% of the money laundered globally.
๐Ÿ‘‰ Worldwide, there are between $800B and $2T laundered annually. USA makes up at least $300B of that figure, meaning that the country is responsible for 15%-38% of the money laundered annually.
โœ… Crypto vs. Fiat Currency Money Laundering Statistics (3/3)

๐Ÿ”นAnti-money laundering attempts only recover only 0.1% of criminal funds.
๐Ÿ‘‰ While there are fines issued in money laundering crimes, the original money laundered is rarely ever recovered. With that in mind, most of those who launder money are free to find ways to use their stolen money.

๐Ÿ”นApproximately $300 billion is laundered through the United States each year.

๐Ÿ”นWorldwide, criminals launder between $800 million and $2 trillion each year.

๐Ÿ”นIn 2020 alone, global banks were hit with $10.4 billion in fines for money-laundering violations.

๐Ÿ”นCapital One was the largest American bank fined, ordered to pay out $390 million for failing to report countless transactions.

๐Ÿ”นMoney laundering schemes cost 2%-5% of the worldโ€™s total GDP.
Find #Bitcoin Beach.
๐Ÿ’š
โš ๏ธ This week on Twitter, I noticed that several well-known crypto influencers/analysts were like newbies to spread FUD on the $BTC bullrun "to the moon" in the event of an imminent breakout...

...AND at the same time were unable to define the pattern name where #BTC price structure has been swinging for 3 days... getting confused between triangles, pennant, flag, wedge.

When you're spreading fake or unreliable financial advice to your 50,000 or 800,000 subscribers, that's just unacceptable.

In this jungle of influencers, analysts, training vendors and other scammers, here are 3 sites to bookmark and that will allow you to stop wasting time with these people.

๐Ÿ”นTHEPATTERNSITE
Internationally renowned author/trader Thomas Bulkowski's FREE website for researching chart patterns, candlesticks and more!
๐Ÿ‘‰ My only reference to check the patterns.

๐Ÿ”นMARKETCAPOF
Compare cryptocurrencies by market cap and find out the price of your cryptocurrency with the market cap of another crypto.
๐Ÿ‘‰ When you hear that a crypyo can make x1000 this year, but after checking, you see it's 5 times the market cap of $BTC! ๐Ÿ˜‚

๐Ÿ”นMACROAXIS
Compare the effects of market volatilities and pair correlation between 2 assets
๐Ÿ‘‰ If you are tired of hearing that BTC is correlated with the US index.

Enjoy these FREE sites, and have a good weekend, guys!
@AlainBKK