A very important event nobody noticed

This week the 200-Week MA broke the High of the 2017 Bull Run 🚀👏

[ Next week it will be above $20k ]

There are still people hoping for sub $20k #BTC prices lol

#BTC

I remember the 2018 Bear market very well. And especially I remember the inverse Head & Shoulders Pattern (iH&S) of Summer 2018

Looks like now we have the same iH&S at the end of a long downtrend, but what amazes me the most is that the whole PA from April-July 2018 was perfectly reproduced this time!

Look how accurate that fractal is 😳
Absolutely insane!

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$AVAX looks very strong 👀

Might be the first coin to make a new ATH after the drawdown

#BTC is again testing the Support Cluster 👀

Key level for the bullish case is 0.618 Fib ($39,500)

$AXS is on the verge of a very bad breakdown 👀📉

Testing the major Support trendline again. Eventually it will break

Wow, what a glorious breakout on $GOLD 📈👏

Update

With this dip to $39,500 #BTC’s still perfectly following the 2018 fractal 👌

$LUNA

Lose the MA200 and it’s lights out

$FTM broke down as expected 📉

First target hit 🎯✅

+11% profit gained so far

$ADA is losing its Major Horizontal Support 😬📉

Literally empty space down to $0.36



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$LINK looks horrendous

Broke down the support of the Descending Triangle, Ultimate Target of which is $4-5


Keep in mind that $LINK had a decent multi-year uptrend. Now it's time for a clear bear cycle 📉

$LINK vs $XMR 👀

The charts look very similar. The outcome for $LINK is clear

$FTM keeps falling 📉😎

+22% profit gained with 1x leverage so far

#BTC 1-Year ROI


Back in March 2021 we had a peak on 1-Year ROI at the value of 10. The dashed resistance line rejected us there and we’ve been in a downtrend since then

Here’s the interesting part: usually the bottom on the 1-Year ROI tends to correspond to a new macro bottom on the #BTC price, but it also tends to happen approximately 1 year after the top

Peak ROI in November 2013 - Bottom in January 2015

Peak ROI in December 2017 - Bottom in December 2018


Now we see that this time the #BTC ROI peaked in March 2021 (#BTC price was 60k+), but not in November at 69k

So, if typically the bottom occurs approximately 1 year after the peak on the ROI, we can make the macro bottom in the next couple of months 🤔

$ETH mid-term price projection

This is what I’m expecting (valid as long as the support is intact)

#Ethereum



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$ETH 📉😬

My $FTM short setup fully played out

Final target hit 🎯

+29% profit gained with 1x leverage

$ETH update

Yesterday’s candle was saved => support is holding 👀

Technically speaking, the bullish case is still valid

COFFEE Futures chart gives me $DOGE coin vibes 🧐

Different scale but similar PA

$DOT

Let’s see if the resistance at $19 breaks 👀

🎯 Target would be $28