AlphaBravoCharlie77

AlphaBravoCharlie77 Updated 

* Long-term parallel channels on the weekly chart for both price and RSI. * Cup and handle completing along the trendline from mid-cycle top to top of the mid-cycle consolidation phase. * 21W EMA crossed above 20W SMA. * If ENJUSDT holds above $2.18, preferably closing a weekly candle above this level, then this bodes well for ENJUSDT. * If weekly RSI holds above...

AlphaBravoCharlie77

• DXY is an important chart which is often neglected to one’s loss. • E.g. BTCUSD has been stagnating recently because of DXY temporarily trending upwards the past 2 days. • Anyway, DXY has been in a downward parallel channel since 1986. • We have reached the top end of the channel, and are currently in wave C of the correction. • Monthly RSI is evidently...

AlphaBravoCharlie77 Updated 

* BTCUSD has been as regular as clockwork on the macro scale. * Dubious speculation: if BTCUSD monthly RSI were to grow at current rate, * Would we see BTCUSD 2nd monthly RSI peak in Mar'22? * Would this, as per previous bull runs, give us a BTCUSD peak in Apr'22? * (Gut tells me that BTCUSD will peak in end-Mar'22 / early-Apr'22.) * (Again, gut tells me that the...

AlphaBravoCharlie77 Updated 

* As expected, DXY has trended up in the short-term. * However, it will be meeting heavy resistance by ¬11 Oct'21. * BTCUSDT has an inverse relationship with DXY. * Thus if DXY trends downwards, that might signal the end of the mid-cycle consolidation for BTCUSDT.

AlphaBravoCharlie77 Updated 

* BTCUSDT has been stuck in the doldrums due to DXY trending upwards. * DXY will be meeting resistance soon, and may trend downwards ¬11 Oct. * Previous mid-cycle consolidation periods in the 2013 and 2017 bullruns ended with bounces off the 20W SMA. * Would we see continued testing of the 20W SMA and a reversal of DXY's current uptrend ¬11 Oct? * If so, that...

AlphaBravoCharlie77 Updated 

* My original idea on BTC.D (BTC.D short till end-Aug, then long in Sep; see link below) remains unchanged. * BTC.D has remained beautifully within the original channel. * This update is just to point out the uncanny similarities in BTC.D's behaviour between this and the 2017 bull run. * If BTC.D behaves the way it did in 2017, then it will follow the current...

AlphaBravoCharlie77

* MACD crossing positive soon on the daily. * Double bottom forming * Can the double bottom complete the handle of the cup & handle and pump XEMUSDT to 0.36$?

AlphaBravoCharlie77 Updated 

* In previous bull cycles, BTCUSDT has always consolidated between the 1.618X to 4.236X of the previous ATH. * Sep has historically been a poor month for BTCUSDT. * BTCUSDT has broken down from the ascending parallel channel it was in. * BTCUSDT has formed a new descending parallel channel. * BTCUSDT is dropping despite DXY dropping. The drop in BTCUSDT is due to...

AlphaBravoCharlie77 Updated 

* BTCUSDT has broken down below the ascending parallel channel it was in on the daily chart * And appears to be forming a descending parallel channel on the 4-hourly * Can it re-enter the original channel? * I'll give it a 40% probability that it will, and 60% that it will not (either go sideways or down the new parallel channel). * However, neither are good odds,...

AlphaBravoCharlie77 Updated 

Triple point of confluence: BTCUSDT is near the bottom of an ascending channel established since end Jul The projected point where BTCUSDT will hit the bottom of this ascending channel coincides with the 20W SMA And with the trend line extending from the mid-cycle peaks in Apr-May

AlphaBravoCharlie77 Updated 

* As expected, ENJUSDT retraced over the weekend. * This sets ENJUSDT up for a cup and handle on the weekly timeframe, confluent with the larger inverse H&S that is forming. * Confluent cup and handle and inverse H&S are forming amongst many smaller cap altcoins. * Be aware of the larger picture, especially DXY.

AlphaBravoCharlie77 Updated 

* DXY has been in a descending parallel channel on the weekly timeframe, and we are currently above the midpoint. * Will DXY complete the double top pattern (labelled "1" in green)? * Or is a double bottom (labelled "2" in red) currently forming which will push DXY to the upper end of the parallel channel? * I tend to favour 1, but shall continue monitoring.

AlphaBravoCharlie77 Updated 

* BTC.D has been in a descending parallel channel since breakout in early-Aug * Sep has historically been a lull month for BTC, and I expect BTC.D to increase in Sep. * Alts to continue growing exponentially and relatively so against BTC in 2H-Sep.

AlphaBravoCharlie77 Updated 

Just some dubious speculation on a possible inverse H&S on XEMUSDT

AlphaBravoCharlie77 Updated 

It may take some time, but it seems that ENJUSDT will be breaking through the 1.72-1.78 resistance level. Retrace over the weekend, find support from former resistance, and (hopefully) breakthrough the 1.97-2.03 resistance level.

AlphaBravoCharlie77 Updated 

DENT is forming a cup and handle pattern on the one-hourly. However, what might be more interesting is how, if the cup and handle on the one-hourly completes, this will lead to the formation of a cup and handle pattern on the weekly chart.

AlphaBravoCharlie77

Long if DENT prints a 4h candle *above* descending triangle.

AlphaBravoCharlie77

As expected.