I think we all like the bottom of Bear cycles in the stock market.  I think that's what we are going to see with Crypto this week. Those who are still holding Crypto during this retracement, take heart, we are almost there - or at least I think we are. If you like bear bottoms, this one is for you. It should be the end of the bear market and the start of another bull run. I trade Ethereum (ETH) almost exclusively. Right now I think we are finishing wave 2 of a mini 5 wave down trend. We should finish waves 3-5 probably before next weekend, maybe even by Turnaround-Tuesday. See the attached ETH chart and you'll wee what I mean. Once we hit wave 5, I expect a fairly quick run up from about 1160 to the lower 3000's. Put in $1000 and pull out $3000 a couple of months later.  Not bad. As long as ETH stays above $1000 we should be good. If it breaks $1000, that's bad news all around. That means we are going to be setting a new low for ETH and it means the Bear market i...

  The Crypto Bull Market left the station today, and if you aren't on the train you are going to miss out. I was predicting the end of the Bear market anytime soon and I'm going to stick my neck out again and say we saw the 2nd half of a double bottom this week.  Then we ran right up to resistance,  1280 on Ethereum (ETH) and blew right through it, hitting 1430 on ETH just minutes later. This could be one of those high speed trains you see everywhere except the good ol' US of A.  Or, it could be a big, lumbering freight train.  But I think more likely it is a high speed freight train.  This market has the potential to blow the doors off of the 2017 and 2021 rallies, and those seemed impossible to beat.  Now, keep in mind we are 80% or more off of the highs, so it shouldn't be too hard to lay some significant  track in the coming months.  I do not give out market advice, and nothing in this blog is intended to serve as investment advice. But, ...