Polkadot, Bitcoin & Axie Infinity — Asian Wrap 24 Dec

Polkadot price could experience an unprecedented spike over the next week and extend into late January 2022. The setup on the $2.00/3-box reversal Point and Figure chart indicates a more than 300% move higher from the present value area. Polkadot price has a strong bullish reversal Point and Figure chart pattern developing.

 

Bitcoin price has developed the necessary conditions for a Point and Figure chart pattern known as a Bear Trap. However, it has also developed conditions favorable for a Bearish Catapult setup. Bitcoin price action on its $1,000/3-box Reversal Point and Figure chart has developed two patterns, one bearish and one bullish.

 

Axie Infinity price action completes an A-B-C Corrective Wave in Elliot Wave Analysis, giving strong credence to an established low. An increase of more than 60% is projected from these current lows. Axie Infinity price action has an outstanding bullish early entry opportunity coming up.

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