Key to close above for bull control and possibly excellent buying opportunity Comparison with last bull market, didnt lose it till the end of the bull market
SPX500 -Monthly Needs a higher low as the last one is very far ~20% down below - caution -Monthly possibility of playing out 3rd bearish divergence (2018 peak, 2021 peak and now). Quarterly also has the same possibility - caution -M EMA8 far down almost 6% - caution -W needs a higher low too and its ~10% below so plenty of room to go down and set one -...
SPX broke a pretty significant rising wedge last night. Lets see how much it goes down and how much BTC follows. A bit of rising bear volume too.
break down of the rising wedge could see us going to 50% dominance as we are rejecting from the 55%
Lets do this. A cup and handle on the weekly would take us out to next year for the breakout.
4HR uptrend/triangle broken down - BEAR RSI uptrend/triangle broken down, retested and rejected - BEAR Volume is nothingburger, just a little increase on the last candle when broken 4hr EQ - neutralish Daily uptrend Broken down - BEAR RSI uptrend broke down - BEAR key support still holding at 2144 - Bull till broken Volume is also not notable - neutral More...
ETH 4HR tightening range looks nice and clear going into the weekend. We have Triangle, EQ on price action Triangle, EQ on RSI Breaking both would be more significant than just one Daily The bottom trendline can also be drawn on D going back 60 days. So thats a key one to hold for bulls RSI trendline is also active 2144 is key Daily support below and will...
ETHBTC TA + Set up Weekly W8 EMA resistance guide Daily Daily Trendline resistance Daily IHS D Falling wedge D RSI trendline resistance D RSI IHS 0.05 key monthly support + psychological Key takeaway: this could be a great set up for ETH if it gets over all these resistance levels at the same time. But so far it has been downtrending all year
Daily Bear break from the uptrend, but havnt started the downtrend. Big bounce from the lows just below the GP fibs - neutral . RS zone - same as weekly coming at 38-35k, but also new daily support formed at 40k, break that and we’re forming W HL Volume - bear volume injection on the 10% dump - bear RSI had 3x bearish divergence from very overbought levels of ~80...
Things im seeing on BTC at ~41k USD General 10% drop from local top after couple months of moving up. Liquidated about 450 million longs which is notable as it hasnt had a large liquidation like that in months. Cleared the gamblers and got the bounty. Are we going to have one more drive down to find a weekly Higher low or are we going to bounce right here off...
On weekly its consolidating constructively near a breakout zone of interest going back to 2021. Having about 7 interactions with this level over the years We can use daily and lower timeframes for entry. Daily got a nice little triangle at the end of its life and soon to break. Breakupwards may signal, the Huge weekly move. A laggard play to BTC. Easy stop if we...
Downtrendline 12 years in the making about to break. These are monthly candles!! These opportunities come once in a decade! The follow-through should be majestic and multi year! RSI Trendline also breaking out! This is gonna be mother of all swings! Take care if its rejected from here and have a stop loss. Otherwise its bullish AF. Some printing from the FED...
SPX is good for a bounce here - Resistance now support = 4325 - Weekly 21 EMA support - Trendline resistance now support - 0.5 Fibs retracement from May 01 Low - RSI support zone
Bulls go!!!! Dollar needs to consolidate for this to break out.
Gold, crypto, stocks bulls need to be careful here. Dollar milkshake theory back on the menu
- Held the W double bottom nicely during this dump - W Falling wedge holding - W RS double bottom/Bull divergence - Long wick on the daily with big volume holding double bottom GL HF!!
Supports Here: - Super MACRO Trendline - Falling Wedge on D - OS up to 12 HR - Slightly front run W 21EMA - D RSI RS - D RS - Bears no followthru (at least yet) on break of D support Put a stop under it will ya. Reassess if we get stopped out
HUGE OPPORTUNITY! We got a - Super macro triangle forming with support trendline forming for WHOOPING 230 days!!! - Weekly 21 EMA which acted as support for this bull so far! (blue line) - D RSI Triangle We are close to these supports!! Also we have a daily falling wedgish pattern forming as well (blue dashed) And bunch of wicks in that area too A great play...