$FTM 1D update

As expected, the Gap on VPVR got filled ✅

But look how the price is slicing through the PoC & thick VPVR bars! This thing is even weaker than I thought

Massive Head & Shoulders on $AXS 👀

Holding this coin is gonna be painful IMO 📉

#BTC Illiquid supply just keeps marching higher, a direct contrast to what occurred in 2018

🤔

Remember when at the beginning of February Facebook surprisingly crashed by 25% in 1 day?

Almost 1 month later Russia invaded Ukraine, blocked Facebook & Instagram (owned by Facebook)

Did somebody know about this in advance? 🤔

$ADA Macro Chart

September 1st was the Top. Since then $ADA’s been in a Bear Market

Elliott Wave count for #Cardano looks very clean

Update

As expected, $FTM broke down the S/R Level at $1.20

Started filling the second Gap

So good so far 📉😎

$VRA analysis

Impulse waves (1-5) are complete. I think October 30 was the top. Since then $VRA’s been in a Local Downtrend (still no lower low on the macro)

Watch the Vital Support closely 👀

If nothing special happens, we should hold this Support and break the Local Downtrend (as we did in July) to print a ‘Dead Cat Bounce’

#1inch 👀

7.9 billion people, only 21 million #Bitcoin

#scarcity

$CRV looks ripe for a breakout 👀📈

$ICP

Another nice looking Falling Wedge

Bullish divergence present

🎯 EMA100 is the ultimate target for the setup



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$ETH update

Bullish case still valid

Support adjusted a little bit, but still holding very nicely

Looks like #Ethereum broke the Local Downtrend yesterday 👀
Currently facing the EMA50 resistance

#1inch +11% gain so far 📈

Stablecoin Ratio Oscilator

Past bear market capitulations (red) followed by accumulation zones (green) according to stablecoin flows 👀

This time we’ve been very close to the red type of capitulation & green accumulation

Notice that every time it was a bottom, the oscillator crossed the lower line, but not this time!

IMO it’s more reasonable to compare the current accumulation to what we had in Nov 2019-Jan 2020

💡 I think #BTC can just have a decent relief rally (up to 30% from the current price)

#1inch reached my first target 🎯 ✅

+20% profit gained

$CRV broke out as expected 📈😎

+13% gain so far

Season of Falling Wedges 😂

👉 $BAL

$DOT update

Falling Wedge breakout -> retest -> horizontal resistance + RSI breakout

Looks ready to go 📈

Combination of the MA100 & Horizontal Resistance was too tough to get broken. No surprise #BTC got rejected there ❌

Now we can break them one by one

#BTC is being rejected by the MA100 once again, but I don't expect this to be a significant pullback

I think we'll break MA100 soon

Exactly two years has passed since #Bitcoin clawed its way back above the Realized Price - essentially the network cost basis 🧐

This is currently the third longest such streak in #BTC's history

Trips below are rare and often short lived. Realized Price currently sits around $24K

#BTC weekly chart

Bullish MACD cross is coming next week 👀