Crypto-Crapshoots

Crypto-Crapshoots

Its all labeled explaining the chart. Its looking like 3.60 could be the next spot for a good target. Follow the fib lines on the way up.

Crypto-Crapshoots

The 50 ema, red line, is about to cross the 200 ema and sma, on the daily. Golding cross baby!! Stochastics RSI is over bought on the 4 hr and daily, fyi. The ADX is showing the buyers are still strong. The green and blue lines are the anchored V wap. Blue is the middle. I have 2 anchors. The previous high around $12 and the previous low around $2.75

Crypto-Crapshoots

Supply was cut in half today from 11,028,686,155 down to 5,733,775,411. Price action is trading in the on the trendline support zone. Circulatating supply is the same, so I'm not 100% what this coin is going to do. Its definately following BTC and ETH movement.

Crypto-Crapshoots

$SBNY market maker has to get paid. Stoploss hunt is in order, if this baby is gonna go up. So highest volume trading is 0.1840. Lately the Market maker likes 0.18 for support, and 0.22 for profit taking. 18-22 right now. Not sure how far the mm wants to drop this. There is a liquidity candle down at .11. Anchored vwap support is .1530 Accumulation play for...

Crypto-Crapshoots Updated 

Im not gonna lie, this chz chart is very difficult to read, in which there is no wychoff distribution or developement patterned noticed. Price action looks bearish. Order books to fill between 12-14. Liquidations level are showing the money is up top for the market maker to go after. .1888 is a 3.52 million dollar liquidation. The newest liq levels opened today...

Crypto-Crapshoots Updated 

I overlaid the VIX on top of SPX. Lets take a look at history and some realistic poinst to bounce from mania phase. The SP500 is performing better than the nasdaq. We are about to have a death cross of the weekly 50 over the the 200 ema/sma, on weekly candle on both indexes. I did a over lay on the nasdaq as well and posted. VIX hasn't even spike. Technical...

Crypto-Crapshoots Updated 

This SPY chart is identical to my SPX chart. But for those of you, who like to play SPY instead, here you go. Fib retracement is placed from the ATH to the covid low in 2020. First target bounce was spot on with the H&S move. It also looks like the movement is pretty technical, with the market maker taking the moves just past fib lines and 200...

Crypto-Crapshoots Updated 

I found confluence with previous bottom channel support, and ETH current H&S measuring out to $1050. The price target intersects the bottom of the channel towards the end of Sept, which I drew the line. Considering the breakdown of the SP500 and nasdaq from the daily 200 ema, DXY on the rise, and quantitative tightening, ETH should have no problem getting down...

Crypto-Crapshoots Updated 

This is a BLX chart. Since 2014 every measure moved has predicted bitcoin bottom, with the weekly 200 ema, currently at 22431ish being the general bottom. Green squares are the measure wave impulses. Red squares are the duplicates of the green. Bitcoin wicked down past the 200 ema 3 times. Two times at -14%, and the covid wick at -29%. Prices are marked in the...

Crypto-Crapshoots Updated 

It looks like the head and shoulder pattern on bitcoin may be playing out. There is a measured move of $16,000, but that seems highly unlikely, but possible. 200 weekly ema currently is at $22,000 Fibonacci time line approaching as well, which is the vertical blue lines.

Crypto-Crapshoots Updated 

BTC is printing the a similar pattern back in 2018 with 143 days before a dump. It also went to the very end of the bearish wedge. Today marks 124 days in, with the end of the triangle on Nov 2. Considering all of the fake outs the market maker has like to been doing. I'd expect a fast pump up before a hard dump down. Triangle measurements are approx $26450 to...

Crypto-Crapshoots

I overlaid the VIX on top of SPX. Lets take a look at history and some realistic poinst to bounce from mania phase. The SP500 is performing better than the nasdaq. We are about to have a death cross of the weekly 50 over the the 200 ema/sma, on weekly candle on both indexes. I did a over lay on the nasdaq as well and posted. VIX hasn't even spike. Technical...

Crypto-Crapshoots

There nothing to be bullish about. Here is your VIX compared to Nasdaq. Don't believe cnbc pros, and these "professional anylis" This bubble contains everything of every previous bubble. hold on. There is nothing to be bullish about.

Crypto-Crapshoots

Bitcoin is currently holding the bottom channel support at approx $20,200. If this support is lost, the middle of the next channel would be the next drop. The 1.618 fib extension of the previous swing high to low, is coming in around $18,000. Personally Im still in my short, due to the sp500 and nasdaq losing their 200 daily ema, quantitative tightening,...

Crypto-Crapshoots Updated 

Candle copied this fractal, which the current fractal looks nearly identical. Watch out for after July 17 if price action goes down. It all lines up with SPY, time to make a move. Be careful. Use stoploss

Crypto-Crapshoots Updated 

I been charting SPY every different angle and time frame possible. Its next to impossible. lol but I did find this, which would make a case for a temporary bounce. I have 4 confluences. 1. SPY rally off the 200 sma on the 3day time frame. 2. Fibonacci extension from this wave down is a perfect 2.618 which lines up perfectly with 0.382 fib retracement from...

Crypto-Crapshoots

In the past, measuring bitcoins impulse wave from the bottom, the red square, and duplicating that measured moves on up, green squares, has been lining up perfectly on bitcoins tops, and most impulse waves on up. But looking into the future, I think some additional TA, would be needed, in combination with measured moves to find a top. Or even better, just use the...

Crypto-Crapshoots

Bears ran out of steam for now. The measured move of this consolidation is approx $51k to the upside for BTC and $4kish for ETH. So I won't be convinced of a higher high till a weekly close above.