MatthewDixon

Hard to call in the face of lower than expected #inflation numbers.
We will need to keep a close eye on economic data and geopolitical developments.
I’m still calling for Q4 #crypto & #BTC low

Check out this #OIL chart presented some time ago and see how precisely $OIL price is tracking expectations. So expect a decline now before a SERIOUS rally after the 5th wave down.
That should translate to higher for #Crypto #BTC etc before MUCH LOWER to a trough in Q4

Evidence still supports a meaningful Q4 low across crypto, but #INJ is one of the stronger-looking #altcoins that may hold up better than many if that scenario unfolds.
$INJ trend has improved and put in what looks like a significant low around $2.60–2.80 then gave us a possible five wave advance into the $6.80-7.00 area.
The correction back didnt make new lows but remained above the major Fib retracement zone.
That is much healthier than many alts.
Important levels to watch ...
Support
$4.57 (0.786)
$4.32 (0.618)
$4.14 (0.50)
Price has spent weeks oscillating around these levels.
That normall

#SOL appears to be showing the way at the moment, with a large Flat correction higher entering the final phase.
#Crypto will likely correlate

#BTC is playing out almost exactly as expected.
Probably undergoing a complex b wave before a little higher in c wave to finish correction, then we should resume lower

Just over 2 weeks until the next FED interest rate setting. Almost a 1/3 chance that rates will rise and this is weighing on risk assets #BTC #Crypto etc
Additionally geopolitical uncertainty continues and could flare up at any time.
Caution is warranted imo

Regular Bullish Divergence did its job on #ETH.
We may have a little more upside to come, but if Bearish Divergence develops, it could provide an early warning of the next move lower.
3,3,5 Flat correction could be cautioning the next impulse down
Trade probabilities, not certainties.

Regular Bullish Divergence did its job on #ETH.
We may have a little more upside to come, but if Bearish Divergence develops, it could provide an early warning of the next move lower.
Trade probabilities, not certainties.

Looking for the #BTC inverse reaction to #OIL
Geopolitical issues still being the main price driver in the absence of any major changes in the economic outlook

Here are my expectations for #OIL and we will likely see an inverse reaction for #BTC
So expect a very minor pullback on $BTC before another modest rally a little higher in line with our expectations laid out earlier

I have not changed the labelling on this #BTC chart posted before the current price moves exactly fulfilled our expectations.
I am just posting the results of probability analysis and posting the most likely scenario

Precisely on cue, #BTC is stepping down a little lower in the small b wave, after which the small c wave should follow.
The path has been precise and $BTC has followed expectations perfectly

This outlook still aligns with a proposed Q4 low for #BTC & #Crypto to herald an #ALT season running into the festive season.
Lots to look for ward to but patience still needed IMO

AI has already transformed my trading.
But it doesnt eliminate uncertainty.
Every profitable prediction changes the market itself. Every trade still requires a counterparty.
Markets are adaptive not solvable.
I learnt this during my Masters and that truth hasn't changed!

What are the chances of a sustained #ICP recovery?
Looking at the monthly $ICP chart, several things stand out:
The launch was extremely abnormal.
ICP debuted around $700+
That initial price was driven by very low circulating supply, exchange mechanics, and intense speculation.
In my view, that price should not be considered a fair measure of intrinsic value.
The market has spent years repricing ICP.
The long decline from over $700 to around $2 represents one of the largest drawdowns in #crypto.
Much of the forced selling has likely come from token unlocks, early investors exiting, and a colla

Could the war with Iran be about to kick off again?
We hope not but Trump is very unpredictable and #oil is looking ready for a bounce soon

Once again, Regular Bullish Divergence highlighted a high-probability buying opportunity.
Fibonacci extensions now provide logical areas to manage risk and take profits.
#ETH still looks capable of further upside with RSI only around the mid-range.

As we anticipated #ETH is pushing higher likely towards the circled area between 100% & 1.618 FIB extension of the first wave higher from the low

#GOLD may well have completed its correction to exactly 61.8% FIB extension of the A wave down, transposed to the B wave
High probability #XAU could now head higher.