Blockbullder

Blockbullder

Hi All, Decent Hidden Divergence here on the Bonk 5Hr, I waited for Momentum to pick up and have put in for a 25% long scalp. Looking to TP 60% and hopefully let the rest run into new price discovery. Cheers, BB

Blockbullder

Hi All, Sol has finally broken free from it's shackles in the $130, breaking out into the late $140's before coming back to retest. As you can see there's a hidden divergence with the confluence of an inverse H&S. I expect the next area of resistance to be in the $160's. If you zoom out into the weekly you can see Sol's just broken out from a multi-month...

Blockbullder

Bitcoin is exhibiting signs of convergence, marked by the formation of a bull flag alongside an Impulsive Elliot Wave, suggesting a potential rise in price action towards the $57,000 region. Additionally, the presence of a Fractal pattern hints at a significant pullback following the completion of this sequence.

Blockbullder

Happy Sunday all It looks like BTC is preparing for the capitulation phase of it's retracement which should happen during the next few days. I'm looking at pricing hitting anywhere between the 200 SMA and the $24500 area. After which I believe it will retest the FWB:31K mark. Thanks for your time BB

Blockbullder

What's the chart showing us - Rounding bottom chart pattern 2 neck lines, a smooth, consistent curve and an increase in volume at the tail end are hallmarks signs of a rounded bottom pattern. we get confluence from the depth of the pattern which will is used to measure the price target after breakout & from .618 which sits at 45000 Prior Examples - Nov...

Blockbullder

Hi All, On the 4hr chart we see a CMF bullish divergence which could be an indication that Aragon is preparing to break out from it's descending triangle and head back up to retest the previous highs. There's a good Risk Reward ratio even with a conservative stop loss, I'd usually have this tighter but we're seeing big volatility at the moment. Feel free to...

Blockbullder

Hi All, BTC Currently looks like it's in the process of completing the C leg of a corrective wave. If this is accurate then we we will see the formation of a Bull Flag pattern which could give a good opportunity for entry at the bottom of that pattern. Trend line and buying support at the Buy Zone. Contrary to the many calling for $30 - $40k BTC I believe the...

Blockbullder

Hi All There is a very clear Inverse Head and Shoulders pattern forming on the 1 day. The inverse H&S pattern is commonly associated with a reversal in trend. If this is the case then BTC may have already bottomed out. To confirm there needs to be a clear break above the neck line followed by a retest of the previous resistance. I would also expect to see...

Blockbullder

Fractals can be a very useful source of TA, especially for newbies. They can be found all over the chart in any time format. Here's one i've picked for Eth from 2019. I anticipate another leg down towards $1570 before beginning the accent back to the $2,000 range. If your struggling to find fractals put the same wave oscillator on each chart (Lux Algo's MA...

Blockbullder

Hi All here's my thoughts on Eth's movements for the coming weeks. As per prior cycles I believe in the next 2.5 weeks Eth will rally a final leg up to the $2100 mark making a higher high & then break down. There's a strong probability of rejection because 1. Crypto generally moves in-between ranges, this will create a higher high and form a new upward channel...

Blockbullder

Hi All, Finally good to see some action on the charts! What a beautiful day it's been. Eth is headed towards the median trend line with a test likely to happen in the $1430 zone. If it successfully breaks through then we will likely see a catapult towards $1900 zone via some turbulence at the mid $1600s. Fail to break the line and there will probably be a...

Blockbullder

Hi all, The chart speaks for itself. Eth will remain in this range for the remainder of the year before a capitulation at the back end of December which will mark the end of it's cycle. Eth will have a strong 2023 by increasing its market dominance in its pursuit for the no 1 spot which will lead it back to revisiting its ATH in Dec 20223. That is all.

Blockbullder Updated 

Hi all, I understand that we're in a Bear market with Btc currently following it's 2018 path so I was surprised to see that Eth seems to be following the same Fractal as it's 2016 inception. This would mean the beginning of a year long bull run which would surely see the decoupling between Eth & Btc & possibly the crowning of Eth as top dog? Thoughts?

Blockbullder Updated 

Hi From a sunny Canadian Saturday :) This looks like a falling wedge pattern which is also a trend reversal pattern. I believe BTC will retest the bottom of the wedge one more time to about $19,000 (may also break to the down side for a short period) before the reversal begins. A break to the upside will confirm a higher low which...

Blockbullder

Hi All, So it looks like our corrective impulse wave has nearly completed and hopefully we'll see the printing of a higher low which would give us a positive assumption that BTC's bottomed out. I expect BTC to be range bound for the next few months as it complete's the ABC legs before it can break out it's falling wedge pattern. Expect to see much more...

Blockbullder

Hi All, As you can see Solana is forming a very nice H&S pattern on the Daily & Weekly charts. I don't believe this will play out completely until October/November but fully expect Sol to hit $5 during it's capitulation as the previous high was not tested during the bull run. Thoughts appreciated Cheers. Blockbullder

Blockbullder

BTC looks like it's following a similar path to the beginning of the bear market in April 2021. Question is will we stop at $19,000 or $9,000?

Blockbullder

Hi All, As you can see BTC's been following a fractal from 2018 and now finds itself in a descending triangle. This increases the likelihood of the Fractal playing out to the upside before it continues on the bearish journey. Shout out if theres any questions Blockbullder.