BullWick

BullWick Updated 

Lord ELON is about to go on SNL and his minions are awaiting his words. will Doge Pump? Or Dump? If you followed any of my trades before you know I already entered a bit at the 0.5 retrace and more at the golden zone (current low). But really, the direction DOGE exits this little triangle it is in will determine the next move so we have a buy the breakout...

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TWT has a very nice technical setup atm to go with its fundamental edge from being associated with Binance which is hot rn. This is a very easy long on break of yellow line with good support on cyan line so stop below is good. Really you can buy up any dips towards the cyan with a stop below and feel pretty good about it (sure worked out in similar spot on...

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Pretty clearly we are on wave 5 since the start of the yaer. Now this wave can get extended vertically like wave 1 and 3 did. We can also expect the pullback to be sharp and deep like the first 2. Scaling out now and taking profits along this final wave is something I will be doing. You do you tho, not financial advice ;). The yellow trendline is where I...

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KNC has put in a pattern we have seen in a lot of mooners lately.... breakout, retest ABC, first pop off retest, now a retrace of the wave 1 pop. Wave 3 is next once 2 completes. It looks to be about mid retrace. Targetting the golden zone for retrace entries with breakout longs above pink in case the retrace finished at the .50 fib

BullWick Updated 

Hard to see on the 15min TF but TRX has retraced to the golden zone of its recent pump. The GZ also coincides with a retest of a long term trend line Tron broke through on its pump. Perhaps too obvious of an entry, but I'm riding.

BullWick Updated 

The huge 40% Friday we had needs more consolidation so despite starting to move up now, I think we are just putting in the yellow C of the larger degree red B before a final drop from low 10K area to high-mid 8K area. Then we should see an explosive 3of3 wave.

BullWick Updated 

BTC is near a major resistence so there will be many short stops just above. There will also be a lot of breakout buying should resistance break. As highlighted by the yellow ovals, this range in BTC price has seen several big pumps through the 6.5 to low 7k levels and if BTC breaks the previous high and invalidates at least one bear count and bearish expectation...

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Didn't get a chance to post this yesterday as life got in the way but I was mentioning in chat that we have an easy long on BTC from 6200 level, up to about 7300-7700. This morning we put in what I have as the 1of5ofA up and we are putting in the 2ofA now which will give us a decent re-entry in the 6300-6400 range. Alternatively, one can long on the break of...

BullWick Updated 

What up people, first post in a while but thought I'd share my thoughts on DGB. I will start by saying I do hodl DGB so am longterm bullish BUT I am also down to my core with longs closed at 650stats...and if you've seen my Bounce Play you Shouldn't Miss Again post you would have been long along with me in a bunch of your favorite alts when BTC tanked to the...

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I just saw an interesting chart displaying alt-to-btc cycle that left blanks to be filled in by viewers which gave me the idea to share my thoughts on the interplay of alts and BTC. Was originally going to post in comments there, but there is just so much to discuss around this topic so posting a deeper analysis here. At BTC cycle bottom (before this chart and...

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Before the 7300 bottom (even if temporary) I put out a 'What is your plan' post, urging ppl to play the bounce even if they think BTC will go lower and in it I outlined one possible simple strategy which I'd like to share with you guys so you don't miss this type of chance next time. Since Alts suffer more on downtrends they also bounce back more violently as...

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So EOS put in a beautiful 5 wave impulse and is now correcting. We have 3 possible routes and like all else, the path will be determined by Bitcoin. The 3 options: MOST BULLISH: BTC has bottomed at just under 8400 and will now start up, leaving EOS to complete its D and E before a 3rd wave explosion out of the triangle formation. Timing is never easy but...

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I have seen this count around and it has been my primary count since before our Feb 6 low. I was asked, don't you think we will go down further? And responded, Yep, but not before at least doubling our money on this not so dead cat bounce. Wave B still fits and we have entered the C leg of this count which will take us up to at least 13k, maybe as high as 17k. ...

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BTC is in a resistance filled zone where it will bounce up and down and mostly end up going sideways (most likely imo). The drops we see from BTC shake ppl out looking to rebuy lower and here I present a problem with this strategy if you are holding strong alts. EOS traded up to 6.28 when BTC took a fall from 9150 and fell down to 5.95 by the time BTC bottomed...

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EOS exploded off the 3.75 bottom and put in 5 waves up to 6.30. It then started what looked like a normal ABC correction in red. Yes the B wave went a touch higher than wave 5 but extended flats are not that uncommon. I would expect wave C to reach between 4.90 and 5.20 where we can reenter. HOWEVER the B wave was so explosive and EOS could be consolidating in...

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Just before Feb 6 low, BTC was plummeting and everyone on TV was bearish, expecting bad news to push BTC way lower. Futures contracts had just expired and the whales would be looking to dbl their money again and most thought it would be easier to short and cut BTC in half rather than double it by the next futures deadline.... OOPS, good news came and BTC shot...

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In these uncertain times and during downtrends, staying in cash and daytrading until a midterm reversal (or even a small on that lasts a few days) reveals itself is my preferred MO. Lately I've been riding IOTA as it was yeilding 10% gains every time BTC bounced up 3-4%. While surfing this 1.04 to 1.14 channel I noticed that when BTC was falling and taking alts...

BullWick Updated 

Today feels a lot like Feb 7ish. Many were waiting for 5500 and didn't board the train at 6000. At 6800 they were still waiting for it to retrace to their target. Some waited till 7.7k some till 8.4. Some longer. Now with everyone expecting 8200 level to be tested or 7600, they didn't enter the massively oversold market at 8400 or 8700 and are now waiting for...