GM PRO DOers! 😎

Not sure if you're aware, but we are SO BACK!

Macro is turning in our favour. Tech stocks are pushing all-time highs. And crypto is on a tear so far in Q4, 2023.

Just check this Bitcoin chart out. From $25k to $42k in just 90 days. 🤯

The signals were all there and for those of you reading the Web3 Academy PRO reports, you were warned of this back on October 19th, in “The Stars Are Aligning For Markets PRO Report”.

For those in the private PRO discord channels, you were warned a week earlier:

Congrats to all of you who took advantage of this alpha.

If you didn’t get in before the surge, no worries. There’s plenty of upside left across the crypto industry.

Today’s bonus PRO report is going to shed some light on this.

As we move out of the 22-23 bear market, there are some massive, long-term chart patterns forming which are signalling some big moves across various assets in this space.

I’m going to share 5 of these charts with you. As ever, Technical Analysis and charting is not a perfect science. It’s a tool (one of many) that you can use to make investment decisions.

Chart patterns are useful, but you need fundamentals and other macro and external factors to come together with it. I think right now we have that.

Just like the “Stars Are Aligning” report, I think the assets of the charts I’m about to share have the fundamentals as well as the tail winds of macro and the broader early crypto cycle to support it.

Whether you trade, invest long-term or just like to keep your finger on the pulse for what’s happening next, these charts should give you some solid insight into what’s to come.

Here’s what we are covering:

$ETH
$ETH/BTC Ratio
$COIN
$IMX
Altcoin Market Cap

Let’s dive into it! For each, we’ll start with a chart and then explain its significance below. If you don’t understand charts, no worries, we keep it real simple here at Web3 Academy!

1. Is Ethereum About To Have Its Moment?

Ethereum has been lagging behind the crypto industry and specifically other “majors” like Bitcoin and Solana.

But Ethereum will no doubt have its time too.

We covered Ethereum's monthly descending channel (the purple highlighted area on the chart above) breakout earlier this month and assumed it would shoot above $2k if it broke.

That happened.

Ethereum had since hit resistance at $2140 multiple times (the bottom blue line), after doing so back in April as well.

We're now breaking above this heavy resistance level (pointing arrow) and if $ETH finds some momentum, we could sail comfortably toward $3k.

When will it happen? I’m guessing that leading up to or after the news of the Spot Bitcoin ETF approval.

The moment that it gets approved, it’s all eyes on the Spot $ETH ETF. I think we begin to see a big rotation from Bitcoin into $ETH at that point (if not sooner).

Of course, none of this is a certainty, it’s just one man's opinion and a chart. Speaking of that, here’s the $BTC/$ETH chart…

2. A 7-Year Breakout Is Brewing 👀

This chart is wild. A 7-year wedge pattern (the blue lines) between $ETH/$BTC.