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dudebruhwhoa Updated 

Double Top possibility here, expect it to be much more likely to occur if the US Dollar Index TVC:DXY moves back above the red box shown below: This has been a long-time theory - if DXY moves above the 112-114 highs from a while back, we'll see double tops across many markets, crypto and stocks. Stocks may be the first to drop as they're already approaching...

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BINANCE:HBARBTC weekly bar chart has formed a falling wedge over the last couple of years, starting around September 2021 until now. Bullish Scenario A move to wedge top with a breakout would target the "Google Pump" era highs of March 2020, and with a potential secondary target at or above ATH. To see a bullish breakout, it needs to hold the 150-160 sats...

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Ethereum has formed a wedge on the daily. A break below the wedge has two possibilities: 1.) 1x measured move down that tests a daily support level that begins around 670 usd 2.) A double bottom at the halfway point near 1k that either succeeds and moves to bull options below, or fails and moves down to support at option 1. A break above the wedge similarly...

dudebruhwhoa Updated 

Within the four panels above are comparisons of major US market and the international Bitcoin indices with the US Dollar Index, $TVC:DXY. From top left to right: TVC:DJI SP:SPX NASDAQ:NDX BNC:BLX As we can plainly see, each one acts a a near mirror image going back to 2017. When looking at correlation via an indicator, like...

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!