dudebruhwhoa

dudebruhwhoa Updated 

A possibility where Bitcoin could immediately turn down hard after hitting the top of this rising wedge. Confluence - DXY has already broken bullish from its falling wedge. DXY and Bitcoin are macro negatively correlated (long-term they will eventually do the opposite, even if they do the same thing short-term).

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Bitcoin and Bitcoin Dominance may be about to move up should the 52% dominance level be successfully held. Expecting a sharp move up to 55-57% for dominance and 40-43.5k for Bitcoin, and alts to lose value vs. Bitcoin: Should the 52% level be lost, we may re-test 50 or 48% dominance levels instead. Bitcoin needs to cleanly break through the 36.5-40k area to...

dudebruhwhoa Updated 

1.) The 50/200 day EMA are about to complete a death cross (the 50/200 day MA have already done so, not shown above) 2.) The weekly price action has formed a rising wedge 3.) Price stalled out at the first area of resistance, failing to reach as high as the candle close from July of 2021 4.) Weekly RSI has printed a head and shoulders pattern and looks like it...

dudebruhwhoa Updated 

CRYPTO:HBARUSD has a confirmed double-bottom on the daily. Confluence: - closed above the 50 and 200 day EMA and MA Targets = 5.8 & 6.1 cents Not shown on this chart: a move above 6-6.2 cents may confirm a larger move up via a wedge break on the daily bar chart, but may face resistance around 7-8 cents and needs to get above 10-12 cents to move towards...

dudebruhwhoa Updated 

Markets (stock, crypto, forex, precious metals) may be in big trouble if the weekly close tomorrow remains above this wedge, and we head north of the two targets posted above. TVC:DXY has broken above a falling wedge after testing the top of monthly support. On its attempt to test monthly support, over two weekly candles, both closed above it and wicks failed...

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Crude chart depicting what a crash in the Q1 of 2024 may look like as it relates to TVC:DXY Similar scenarios could occur across multiple markets including the BNC:BLX and OANDA:XAUUSD Depicted here showing TVC:DJI making a double top with a slightly higher ATH as the US Dollar Index re-tests monthly support and the top of a falling wedge before...

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Published this on Twitter quite some time ago, it still appears relevant and is potentially approaching the end of Phase C (if it isn't extended for longer). Here's how this was supposed to look, TV seems to be scaling things when we include a photo or screeencap in our charts:

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Embracer confirmed a head and shoulders and broke its recent lows. It looks to be headed further down towards 17 and then 15 sek approximately. Now, it is possible that we see a re-test of the neckline, which could provide some relief or even a possibility of getting out of lows here, but it would need to break and hold above that for that to occur.

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Quick and simple chart showing shorter term targets for the HBAR daily chart, bull and bear, with support and resistance. I think there's a good chance at this point that we hit the area within the green box, likely on the dot on the top and bottom, prior to moving up. However, there's still a possibility that we reclaim the uptrend recently lost, after having...

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Embracer could be forming a double bottom here, but it would need to get back above 23.5 first, where it has also confirmed a head and shoulders pattern targeting 17 and then 15. Should it move back above 23.5, it would still need to get above 30-31 before a double bottom could be confirmed. Should that occur, it could target the area where it was prior to the May crash.

dudebruhwhoa Updated 

I've posted about this for a while now, DXY is presently negatively corresponded with multiple markets: Gold, Bitcoin, Dow Jones, etc. Should that negative correspondence continue and DXY makes a move back above 105, confirming a failed Head & Shoulders and then heads to 112 -> 118+: - Gold may confirm a bearish triple top and lose nearly half its value. If...

dudebruhwhoa Updated 

Remain above the yellow line = failed HS, targets are the two red lines. Fall below the yellow line and the grey diagonal below it = successful HS, targets are the two green lines.

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Sometimes it helps to look at things from a different perspective, so here's one of those: Bitcoin weekly inverted chart looks like a confirmed cup and handle targeting resistance (support). Just for fun, enjoy! :)

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Synopsis looks topped out, RSI divergence as confluence. Short targets are around 375 as TP 1 to 350 as TP 2. To play it super safe, short to ~418. Simple setup, good luck!

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If we look at INDEX:ETHUSD from a bearish perspective, it shows potential for significantly more losses. There is a rising wedge that has 1x and 1.5x targets around -720 and ~520 on the logarithmic chart. The linear chart's rising wedge targets ~350 or near to the log chart's wedge target's 2x measured move down, which lies just above around ~375. The...

dudebruhwhoa Updated 

Hedera Hashgraph daily chart may be forming an inverted HS here targeting at least 10-11 cents, and possible 13.5 or so. This idea lines up with other longer-term charts published, which also target 10-11 cents and expect a move back into weekly resistance should that level hold up. See related ideas in the links below.

dudebruhwhoa

Bart Simpson has returned, he's upside down. Bitcoin has a tendency to "Bart". Today that tendency has returned. Could we see a full recovery? Possible. Also possible we reach somewhere between 27.5-29k or even 31-32, and then back down to 24.3-24.7 before really heading up. Let's see! Yet again, the published image doesn't match the chart, so here it is:

dudebruhwhoa Updated 

Stock and Crypto markets should be aware that, while DXY appears to be in a free fall lending fuel for the recoveries we've been seeing across markets, it could yet turn back up - thus greatly shortening the fuel for these recoveries. Scenarios: - Very Short Recovery across markets -- DXY turns up here somewhere between the middle of the weekly or monthly...