My question for the next crypto cy le is where will the insane pumps come from? Memes? That was the most recent cycle. NFT's? That was the previous. ICO's? That seems like ages ago. Some AI coins did pretty nice runs 2022-2025. Maybe AI really takes off? Thoughts?
Extreme Armageddon case for a $0.03 #elastos. Potential descending triangle forming. If $BTC loses $50k and $ELA tags $0.75, followed by a fakeout to $3.50-ish that fails, breaks down, and then loses $0.75, the extrapolated descending triangle move measures to roughly $0.03.
Unfortunately, #elastos is doing almost exactly as the extreme case forecasted. $0.03 is still in the cards for $ELA. Bearish descending triangle breakdown confirmed. There's no support to be found. Why I said to be wary of $ELA calls for 20x from certain followers. ๐คก calls.
Extreme Armageddon case for a $0.03 #elastos. Potential descending triangle forming. If $BTC loses $50k and $ELA tags $0.75, followed by a fakeout to $3.50-ish that fails, breaks down, and then loses $0.75, the extrapolated descending triangle move measures to roughly $0.03.
@fenergy@NorthstarCharts I doubt that the drop will be that deep. BUT....I hope you are right. $BTC is so overpriced. It actually needs a dramatic flush like that to reset a proper price equilibrium. If it gets below $10k, I will purchase some. If not, I will focus elsewhere in other sectors.
@TechCharts Inverse HnS consolidating just below a diagonal/horizontal resistance intersection. Above 200WMA. Check out the RSI on 1W. Coiling in a pennant. I really like this setup in the #Uranium space.
@IMPACT_Silver@mining@stockhouse@proactive_ca@INN_Silver I can translate the corporate-speak in this statement. Thank you for sharing. Plomosas sure has been a pain in the ass. Im sorry she's been so rough. Perhaps acquiring it, in hindsight, wasn't a good move. Shit happens. Recoup losses, recommit to the original mission: SILVER.