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#TOTAL3 update No changes. Target $1T ๐ฏ Then we re-evaluate
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$ETH #Ethereum update Well, that global market crash on August 5 hit $ETH badly and we lost the $2.8k Support violating the parabola curve. However, my Fib horizontals did a great job - 0.618 Fib held the body of the weekly candle & 0.5 Fib caught the wick ๐ And we have the Key Multi-year Support line that keeps me pretty bullish on #ETH ๐ ๐ก IMO the low is in, $2500-2100 is unbreachable Support Cluster. I still think weโre gonna have a glorious rally soon but first we may have to consolidate around the 0.618 Fib level & MA100 for a few weeks ๐ฏ Upside Targets remain!
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#Bitcoin 2-Year Outlook ๐ Bull Market Top - $95-100k ๐ป Bear Market Bottom - $23-25k I think weโre completing Wave 4 right now, which means weโll definitely break out of this chopsolidation and rally into the cycle top ๐ ๐ฏ My target for Wave 5 is the confluence of 1.618 Fib & the Top of the Channel - $95-100k (December-March) Once that target is reached, I will be waiting for Rejection and the first wave (A) of the Bear Market ๐ Temporary low should be in Summer 2025. Dead Cat Bounce (B) - September-December. And the most painful wave - Wave C should take up the entire 2026. Target $23-25k ๐ฏ _ These are just my expectations. I try to be conservative here and not give you crazy $250-500k or $1M targets. This scenario may be invalidated if the macro economic picture changes dramatically and $BTC breaks out of this multi-year channel to the upside. In that case we can start talking about $170-200k #BTC
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$SOL Medium term scenario | Update Well, itโs been 4 months since I posted my analysis and as you can see, so far so good - weโre still in corrective Wave 4 ๐ The good news is #SOL didnโt even go below $100 during this period of chopsolidation! We can stay in this range for another month but weโre definitely going to break out soon ๐ New ATH is coming!
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$DOT Macro update Well, the orange Horizontal didnโt hold and $DOT tested the Fork line (prior resistance) for support No changes in my plan, I still think this is just one big Accumulation at the bottom. However, the chances of hitting my Target 3 have decreased. ๐ฏ Target 1 ($24) remains (30% sell) ๐ฏ Target 2 ($35-45) can be the Bull Market Top (this is where Iโm planning to sell most of my $DOT position)
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