Poor Rich 🚜🦇🔊
282 posts










$ETH - Key Update Moving Forward! 🔥👇 I see two possible scenarios ahead: Base Case and Invalidation Scenario. Let’s break them down! 👀 Base Case (Most Likely Scenario) I believe we’ve entered impulsive wave 3 of a major wave III, marking the end of corrective wave II. That’s why I went heavy on bids back on January 13th. 📌 Read more: x.com/MirageMogul/st… Invalidation Scenario If ETH drops below the January 13th lows, it would suggest that wave III hasn’t started yet and that we’re still in corrective wave II, heading into its final leg down (wave E). In this case, I’d expect a dip into the $2.6K-$2.8K high-timeframe demand zone before a strong reversal. Why I Remain Bullish Even if the invalidation scenario plays out, the downside risk is limited, while the upside potential remains massive. That’s why I’ve DCA’d most of my recent profits, positioning for the next leg up. Best Approach Right Now • Avoid leverage & short-term trading • Focus on spot holdings and your long-term strategy I’ll keep you updated as this develops, stay tuned! 👀✅



$ETH - Important developments! 👇🔥 As shared in my last update, I believe we’re currently in a corrective wave 2 within a larger wave III. The price has dipped below the initial support range I highlighted, so I’m patiently waiting for clear confirmation or invalidation of this thesis. A break below the January 13th lows would signal further downside in the short term and invalidate my bullish bias, suggesting we’re still in a major corrective wave II and not yet in the impulsive wave III. I’ll share updates as new confirmations come in. Stay tuned! ✅👀



The first one is the $BTC.D! Back in November, when most thought #Altcoins we're completely dead, I publicly announced that I was increasing my exposure to them, as mentioned in the tweet below! ✅👇 x.com/MirageMogul/st… Now I'm starting to become more conservative, especially on the short-term, which is why I started to scale out my from some of my Altcoin holdings, including $LINK, $DOT, $FIL, $FET, $ADA and $ARB, after they rallied over 200% from my bid zones. Looking at the $BTC.D from an EW perspective, we seem to be ending a corrective wave A, in which we saw #Altcoins massively outperforming. Still I do not believe this is the real ALTSEASON that we've been waiting for. That one I think will come ONLY when $BTC enters a distribution phase, around 120-150K, as we'll discuss in the next post of this thread. On the short-term, I think we'll see an impulsive wave B, which will lead to #Altcoins bleeding, making most take profits very early, or as mentioned the prior post, get on the short side of the trend and become the fuel of the next rally.




$ETH – Time for an update! 🎯 My initial target of $3.1K was hit on December 20th, but I waited for more confirmations before sharing the next perspective. Right now, I’m seeing bearish divergences forming on the lower timeframes, suggesting we could see another dip before the next big move up and my best guess would be that the 2.8-2.9K range gets targeted. This aligns with data showing high liquidation levels below current prices and Open Interest (OI) being at the same levels it was the previous times when we saw liquidation cascades. From an Elliott Wave perspective, this dip would complete a corrective wave C within a larger corrective wave B, setting up for the next major impulsive wave C upward. Weak January seasonality for $BTC also supports the idea of a short-term pullback before momentum returns, as highlighted in the thread below. Check it out here: x.com/MirageMogul/st… My long-term view remains unchanged and bullish, though I'm conservative on the low-timeframe and I avoid leverage & trading. If this short-term dip idea out, I’ll look to make my final adds on $ETH and #Altcoin positions, having already DCA’ed most of the profits I secured back in early December. I’ll keep you guys updated as new confirmations come in, stay tuned and keep notifications active! ✅👀



$ETH – Time for an update! 🎯 My initial target of $3.1K was hit on December 20th, but I waited for more confirmations before sharing the next perspective. Right now, I’m seeing bearish divergences forming on the lower timeframes, suggesting we could see another dip before the next big move up and my best guess would be that the 2.8-2.9K range gets targeted. This aligns with data showing high liquidation levels below current prices and Open Interest (OI) being at the same levels it was the previous times when we saw liquidation cascades. From an Elliott Wave perspective, this dip would complete a corrective wave C within a larger corrective wave B, setting up for the next major impulsive wave C upward. Weak January seasonality for $BTC also supports the idea of a short-term pullback before momentum returns, as highlighted in the thread below. Check it out here: x.com/MirageMogul/st… My long-term view remains unchanged and bullish, though I'm conservative on the low-timeframe and I avoid leverage & trading. If this short-term dip idea out, I’ll look to make my final adds on $ETH and #Altcoin positions, having already DCA’ed most of the profits I secured back in early December. I’ll keep you guys updated as new confirmations come in, stay tuned and keep notifications active! ✅👀











