This is a Short and Long, so I will post it as Neutral. In the past 8 hours we have fallen out of the heavenly bullish channel and we are now looking at the possibility of a big correction. The pump got us to the top bands and above them, where it got rejected. Now it might want to dip towards the other end of the bands and hit the lows hard at the 236 fibonacci...
The price is hanging below 0.5 retrace and looking ready for a good dip, I expect support at the other fib levels to not make the dump a straight line, and keep buyer interest before the final crush to 12 area (if lucky). As you can see from the chart it failed to push through the top resistance, where it reversed. It looked rather good as it tried to break it,...
After my bullish analysis, I also have to mention this bearish one. The fibonacci rejection here is staring us in the face and the recent failure for solana to defend major support, this looks like someone big exit pumped so they can exit and short the new top and they arent going to catch the nail... This could be the end of crypto. This looks absolutely grim,...
The bears had a great run. Now we have hit the bottom bands and looks like a good chance of reversal. Beware there is huge risk as if we test the lows again I do not see this holding and we could have the collapse of collapses. It looks real scary that's for sure and every red candle now is panic, but the elite might have other ideas. Stop loss is advised :D...
I have drawn here a future fibonacci retracement by lining up the 236 with the recent lower high, this shows a potential resting place for bitcoin during the dump at around 20070 where I expect the price to retrace but remain bearish. Good spots to sell 20k longs would be any and all of these fib retracements. If the bear is successful they will be looking to...
On this fibonacci analysis it shows the bears might be heading towards the 236 fibonacci retracement down at 0.02675 area. If we find support there would be a great place to build longs. Today there was a sell signal and I dont believe we recover before we hit some bigger support on much lower number. I wont be buying until my target gets hit or I see a...
This morning I watched as the dollar went above the 20ma weekly and it immediately got rejected. Here is that moment, where I knew the reversal is most likely coming if not 99% based on experience. www.tradingview.com Now I believe this is the beginning of a move towards the bottom of the bollinger bands. Forget about the narrative about inflation, rates, and...
After today's Fed rate hike we finally had the dollar move below the resilient support. From this monthly chart clearly we are eyeing the 20ma at 33k. From there we will see what happens, but I expect a steady quick move to ATH as bears get R E K T. Things look amazing for a push this year to ATH and once we get there, we begin the move to 100k+++, maybe we can...
I'm seeing a bearish divergence on the RSI and since we broke out of this inverse head and shoulders, but had not had our re-test yet, maybe something is cooking here. I think we have to be ready for a possible re-test of the neckline, which coincides with the bottom of the bollinger bands. If we do drop there, im buying. Such move is not guaranteed by any...
I have a clear target here at 42-43$ where it should hit resistance from the bollinger bands. Im thinking right now any buy below 40$ is a good entry. Careful with the leverage, there are sharks in the waters.
I've placed this "investment strategy" as Neutral, but it is long for the long term and "risky" short hedge for the short term. After the meteoric rise of bitcoin these past 2 weeks, we have reached what would be a great target for taking profit - top of the bollinger band. We either blast through this as everyone who takes profit gets cornered by frenzied...
This is a bit out there, but I just used the past as an example, the previous bottom looks very similar to this and I just measured the moves in the past to create this map in the best case scenario for Solana. If this does play out in some miracle, then i dont want to see anyone buying at 2600$ :D Time to sell and wait a few years loll But now for the present...
ETC looks incredibly bullish here, with supports respected and painting a bullish pattern. Now we are looking at a push towards the neckline and once activated, this should maybe re-test the neckline (time to buy there tight sl) and then go for the target moonshot 138$. If it flies higher, we are looking at potential bull run to 300$+ in price discovery. If it...
Here we have a breakout attempt from inverse head and shoulders bottoming pattern. Ape it to 7.3$ God speed ahead!
Following the Diamond bottom analysis, which played out perfectly, now Solana seems to have bottomed for good. I was looking at the chart today and found very strong similarity with the previous bottom, a big red down, with a wick followed by a strong bullish green candle. This one has not yet finished printing it should be much bigger by the end of the week. It...
I roamed the XRPBTC chart and found this little nugget, it shows a potential of 600% pump against bitcoin for XRP. Alt season is here, the bottom is most likely in thanks to a bearish Dollar (topped out) Long
Its in the title. This is a textbook diamond bottom. We SHOULD in theory be trending up from here, there should be a big pump soon to confirm this to 12$+. I am playing this long while bears try shorting the top. 50x long Low Risk High Reward, i will hold that position for new all time high as I have a long term bearish analysis for DXY which means crypto could...
In the wake of this week's pump I have noticed something concerning on the xrp chart. It shows this head and shoulders pattern on weekly timeframe (which makes it less likely a manipulation) and the target of it is in the range of 6-7 cents. Different charts show me different targets when I do the measurement, but these also coincide with a previous fibonacci...