AlexSpicer94

AlexSpicer94

BTC on a weekly has been on a tear and is obviously over heated from all technical regards. However there is strong fundamental news holding the price up in anticipation of the SPOT ETF deadline in January 2024. I am proposing a theory that goes against the general sentiment in the market right now - in the face of everyones over bullishness, including Bloomberg...

AlexSpicer94

KASPA has been consolidating up against its previous ATH. After a large rally coming off an ABC correction the asset has stalled at the ceiling of its previous ATH. To most traders surprise the asset continues to trade sideways instead of crumble in the face of its largest resistance. I am currently tracking an ascending triangle on the 4HR chart and the Daily...

AlexSpicer94

If KAS can hold the 0.035 Support Which is where the 50 Day Moving Average is on the Daily Chart, we could see a consolidation and Bullish Divergence which would give us the signal to go all in for the next leg up. The Target would be 0.12 as it is the Fibonacci 4.618 Extension on this entire move which start at 0.014.

AlexSpicer94

ABC correction to .032 then .10 Putting this next move at the 4.618 Fib extension and the next large psychological level of .10

AlexSpicer94

KASPA Daily chart is showing signs of a correction after a strong 5 wave up trend that set new highs. With immense hype, a growing community, and interest from tier 1 exchanges - Its easy to see why this first of its kind DAG Layer 1 is blowing up. .03 is a major point of interest for multiple reasons. 1. Its .03 cent - a nice round number that is roughly...

AlexSpicer94

No need to write anything, this 2 Week chart speaks for itself. The writing is on the wall, the crypto space is about to explode.

AlexSpicer94

BTC Forming a Weekly Ascending Triangle at the 30K level showing similar fractal patterns as the 2015 Cycle. There is a massive bullish divergency on multiple major levels including the daily. Will we see a break out to Bitcoins Fibonacci Extension Target of 34-36K? Or will we see a pattern failure and move back down to 25K. I am currently long from 29K, will...

AlexSpicer94

KAS on the hourly. KAS has been on an absolute RIP lately and we just topped out at the fib extension 1.618. With an hourly double top and potentially a daily evening star. I expect a cool off to revalidate 2.6c per KAS but will be buying at 3c and deeper. This a monster project that I am expecting to easily do a 50x by 2025.

AlexSpicer94

BTC On the Weekly time Frame. BTC has been in a strong Elliot 5 Wave Impulse Move since the start of 2023. Analyzing the Fibonacci Retracement of the first pull back (wave 2) which occurred in March of this year, we can see an almost perfect touch at the .618 level before wave 3 ensued. In Keeping with the laws of Fibonacci, Wave 3 was the most violent (so...

AlexSpicer94

I have a theory that the most important resistance level of BTCs history is not 31K or 31.5K like a majority of the world believes, rather that it is 29.1K When looking at the weekly chart we can see this past week we just closed above the level for the first time since January 2021. This is Extremely Bullish and in my opinion Negates all arguments for the...

AlexSpicer94

BTC Hourly trades sideways right above 30K. Take the chance to scalp trade between 31K and the volumetric POC (Red Line). I expect the range will be lost to the down side to go back and retest 28.6K and even as low as 28.1K as 28.1K is the Volumetric POC on the daily chart going back as far as April this year. Trade with caution until the POC is flipped of...

AlexSpicer94

A Comprehensive BTC Weekly Chart that covers the timeline of where i think the market is going.

AlexSpicer94

BTC 3 Day Chart looking at Fibonacci extension lines from the bear market bottom. the 1.1618 was hit at 25K, the 1.2618 was hit at 31K and the 3rd and final target is 37K USD per BTC at the 1.3618 Fib Extension. This is where the 5 Wave impulse move will end (see my related idea) and then we will move into an ABC correction back down to 31K to confirm 31K the new floor.

AlexSpicer94

BTC just set a new yearly ATH breaking above 31k since April 2023. If you are still betting on 10k or even 20k coming again you might want to get realistic. We are clearly trending up and i expect 31k to become the floor in the coming weeks. Everyone and their mother is short right now from 31k. There will be a fake out pull back to 28.6K the a bug bounce that...

AlexSpicer94

BTC breaking its multi week falling wedge on the hourly timeframe. The bottom of this cool off could be in. Waiting for the re-test of the structure then going swing long to 34K.

AlexSpicer94 Updated 

BTC Breaks out on a daily candle close of the falling wedge it has been in for weeks. The weekly is currently fighting its way back above the 200MA. This could be the move that goes back up to 31K. Wait for the re-test of the structure then go long to 31K. I will only be taking partial profits at 31K as i believe the real target for the weekly 5 wave Elliot...

AlexSpicer94

BTC Daily Chart showing extreme resilience in the face of the "end of crypto" news and attacks on the industry. I think this is just the second pull back of a large weekly move. 23k-25k is the .50 fib retracement from 31K. The 200 Weekly Moving Average has been broken but I wouldn't be surprised if its a false break. The daily chart is displaying a beautiful...

AlexSpicer94

The most recent bull flag break out is a relief rally in the recent move to the downside. We are currently approaching a long standing horizontal trend line that has acted as both resistance and support for BTC since the break out of the bear market. This line is the white line on my image. I speculate that price action will rally to this horizontal trend line,...