I have been patient to not issue new bearish projections until I see what I know to be objective price action evidence. With Sunday's Weekly bar close we received such a signal. In this post I want to detail how important this signal is in the understanding of price action as well as in actionable trading. I will present what I think is likely in the near term...
Currently bitcoin is stewing while cooling down, getting ready for what may be the 5th and final impulse wave, resulting in what possibly could result in a corrective wave that could drop us out of the channel and result pushing us potentially into the low 50s or high 40s
XLM BULL PENANT/FLAG This is just and idea. Why so stagnant? For years after years in regards to new ATH?! Because the pole upwards is coming! XLM has been working and building in the background. Lately with the new Soroban contracts phasing out. XLM is becoming a Real World Assets commodity. The project and foundation has kept an ear to the damn US...
BTC marked Market Structure Break after touching the imbalance, below last long price wicks, that's a bullish sign. I try to look for long trades, these are my spots. Entry 1 (RR 1:4.5) : Filling/touching multiple timeframes imbalances. Entry 2 (RR 1:10.8): Touching order block and grabing some liq down there SL: below actual low, but becouse there is...
Last weeks high: $73775.8 Last weeks low: $69170.3 Midpoint: $64564.9 After making consecutive new ATH's Bitcoin has now experienced it's first prolonged pullback. Before these last few days we saw each dip as more of a leverage flush with a near instant V-shaped recovery. This however is more of a traditional pullback, the main level of note is the previous...
Shiba right now hit my best spot zone. bought another pack of shibs and after this reaction turned on LONG position with SL below actual low. Target 1: golden doted bar Target 2 (main): recent height target 3 (if btc let it go): ATH on shib ;)
If we take the teal bull pennant and only measure the pennant part which is also a falling wedge, the target we get from the breakout has just been hit by our current price action. I felt that was worthy of posting a chart bout. Though bitcoin has already achieved a new all time high days ago, the entire market cap for all of crypto is still just below it’s...
AMEX:SPY is looking at a possible wedge breakdown with a bearish MACD divergence and heavily stacked overhead resistance levels. 3/15/24 Bearish EOD targets 512.03, 508.98, 505.91
WIF Showing a new ATH, and it seems interesting for the daily trend. We following the trend to see how this can gain new targets.
On March 13, 24, NYSE:ORCL gap up after earnings on huge volume and is now trading at the area of the all-time high. The stock has traded around this area in the past 2 times, during June, 2023 and September, 2023. Interestingly, the peaks of June and September were also around the earnings date. The question now is can NYSE:ORCL reach new ATH this...
Last weeks high: $69934.6 Last weeks low: $64483.4 Midpoint: $59032.3 Bitcoin experiences its highest ever weekly close in history falling just shy of $70K . The previous ATH tested and bested multiple times during the previous week and broken yet again already this week hitting $72K ! The Market Cap has overtaken Silver to become the 8th largest...
Just as an addendum to my chart I just posted on the measured move target for just the channel portion of this bullflag, I wanted to include an updated visual for the full flag and its breakout target which is pretty much just ever so slightly below 100k. Will link the previous relevant chart ideas below. *not financial advice*
Bitcoin just hit a new all time high against the USD pre halving! The bitcoin spot etfs have shifted the paradigm and we now find ourselves in unprecedented times. Considering that, for all I know the correction may have already seen the lowest it will go before we resume bull, but if history can tell us anything, it’s that it’s very common to see multiple 30-40%...
With the rise of Artificial Intelligence , many projects are looking to capitalise on the massive potential that AI promises. One of those projects is RENDER , the first decentralized GPU rendering platform launched in 2017, the Render network is built to provide a platform for a wide array of computation tasks - from basic rendering to artificial...
Bitcoin ( CRYPTOCAP:BTC ), the flagship cryptocurrency, continues its meteoric rise, reaching a new all-time high of over $72,000, fueling market excitement and institutional confidence. The latest surge comes on the heels of a staggering $2.6 billion weekly inflow into Bitcoin ( CRYPTOCAP:BTC ), reflecting growing interest from Wall Street and bolstering optimism...
Hi folks today I'm prepared for you Bitcoin analytics. If we look at the chart we can see how the price a not long time ago rebounded from the trend line and in a short time rose to support 2, which coincided with the support zone. Soon, BTC broke this level, made a retest, and then made impulse up to 64000 points, but later it turned around and fell below, after...
I think we will see new ATH soon, this chart on the smaller time frame is still hitting the same target as my last on the higher time frames. Yet another bull flag. Not financial advice, DYOR.
Dogecoin (DOGE) has broken out from a macro triangle pattern on the weekly timeframe, attracting attention from traders. This analysis explores the implications of the breakout and projects a measured move to around $1.60. By dissecting the chart dynamics and considering market psychology, this analysis provides insights into DOGE's potential...