TheCoinCowboy

TheCoinCowboy

On the 1 hour time frame, you can clearly see that the recent breakout has formed a Bearish Adam and Eve pattern. The recent breakout was more of a "Sell the News" event when the SEC tweeted that all of the ETH ETF applications needed to be updated. If the price action of DOT falls below $7.20 (the likely retest of the breakout against the symetrical tiangle...

TheCoinCowboy

Everytime a trend forms the shape of a ladel or a saxaphone BINANCE:DOTUSDT , it usually means an imminent sell off. So if price bounces off of the symetrical tirangle, then great, it's just a retest...but if price falls below $7.20 and then again below $6.90 it will be major capitulation down to the lower $5.00 range.

TheCoinCowboy

The symetrical triangle that formed at the end of the recent downtrend was optimistically viewed by many as a potential trend reversal. Then the news of a possilbe approval for an ETH ETF after tweets by the SEC caused a breakout. A re-test of teh symetrical triangle around $7.20 is a possible scenario, however, if after the retest price does not hold above...

TheCoinCowboy Updated 

Who is at the helm of the U.S. economy....right now....? Enough Said. What just happened was a fake out. To many countries are about to start dumping US bonds....no real rally for a while I'm afraid.

TheCoinCowboy Updated 

Our good friends Joe and Janet are at the helm of the US economy....would you bet your life on a soft landing...or would you prepare for the USS Economy to run aground soon? If you think the last "W" formation was a sign to ape in...you are mistaken my friend.

TheCoinCowboy

Time for Solana to make a major retracement. It is my prediction that the buy zone will be between $79 and $114 if you are viewing things on the weekly time frame. I'm happy to hear from folks if you think I am wrong, and if so, please provide links to other charts or provide information to discredit my idea. All the best. Thank you.

TheCoinCowboy

BTC has formed an almost perfect double hump camel, a.k.a. the "Barfing Camel". There is alot of hype in the market. The BTC Camel is gonna lose it's lunch....Major correction is on its way.

TheCoinCowboy

DOT finished it's recent retracement to $8.60 and is now rising up to the next level. My prediction; it will hit $10+ in the next 24 hours.

TheCoinCowboy Updated 

We just had two awsome pumps on FIL, and as much as I want it to keep pumping, the ascending wedge during an uptrend can be a sign of a looming reversal. The bottom of the trend line was broken once (by me, sorry folks, I panicked) at $10.54 and we are hitting resistance at $10.80. If the candel falls below the bottom line of the wedge again, it could be a...

TheCoinCowboy

"A rising wedge is generally a bearish signal as it indicates a possible reversal during an uptrend." The breakdown has started for FIL and I believe the price will retrace abit before it can start a new leg higher.

TheCoinCowboy Updated 

If you 're looking at the 3 day chart, ADA looks like its ready to blast off, however, if you are at the Daily chart, you can see a clear trendline with an about 30 degree angle. And it is likely ADA will retrace down to the low $0.60 to re-test, before blasting off.

TheCoinCowboy

DOT has broken through its short upward trendline in the 15 min view. The whole alt coin market is in a retracement...so it's not just a DOT thing happening.

TheCoinCowboy

This is a 15 minute close up of DOT's price action. Look how uniformly it is climbing, like a ladder, revisiting each rung. Looks like you can guess the next price point for DOT.

TheCoinCowboy Updated 

The elevator ride is over, and as Steven Tyler once sang in the song, "Love in an Elevator"...."We're Going Down!!!" FILE COIN just couln't get past the $8.60 barrier. And is now breaking down. I was so hopeful, as were many others... The new buying opportinunity will be in the range of upper $5 to mid $6.50.

TheCoinCowboy Updated 

FIL broke out of it's daily time frame downward trend line, and then it touched back down to retest it (so it seems like). If it does not continue below $7.55, this may be the start of a reversal to the upside. So my previous prediction would be invalid.

TheCoinCowboy

If it's not already obvious...SOL will highly likely retrace back a bit. I predict to below $119.

TheCoinCowboy

This is what I call, "The Doc Martin" or "The Boot". We have now revisited the December 25th high....but it's not holding up... and if BTC goes below 60k, SOL and many others are going to temporarily crumble. This always forms a shoe looking like pattern.

TheCoinCowboy

A simple Trend Based Fib Extension shows the possibliy of a surge to the upper $6 to $6.77 range soon. Fingers crossed!