DHuts

DHuts Updated 

Okay so this is an update to a previous analysis I did. I originally wrote this as an image update, but I wanted to make it a chart so you can watch it develop. The Head and Shoulders I warned about earlier has completed so here is what I see happening now... The H&S has a rising neckline which typically indicates that the pattern will not retrace to its full...

DHuts Updated 

Hello Friends and welcome to an updated analysis on Bitcoin. At this point we have touched our Diamond Bottom Target twice. This is where if trading this pattern I'd take profit. The primary reason for this is the Ascending Wedge (orange with blue lines) or Rising Wedge as some call it. I originally thought we were forming an ascending triange but alas it has...

DHuts Updated 

Howdy Friends, Just to recap for the folks that are finding this Idea just now, its the extension of older ideas so to learn more click the link below to go back to the very first chart. Recap: 1. We called the Inverse Head and Shoulders reversal on 4-11 2. Then the EPIC short squeeze from the Shorts ATH pumped us to 480 and into our target zone within a day...

DHuts Updated 

Well friends, we'll keep it short and sweet. Ethereum has had a very nice pump off of the short squeeze in the markets. The breakout of the inv H&S pattern was hit quicker than I expected and formed a nice round bottom. Now is a perfect time to sit back have a cup of tea and watch as ETH may form a cup and handle as it retests the inv H&S target. Remember the...

DHuts Updated 

I'll be quick here, I'm happy to explain anything on the chart so comment a question if you have one. Pretty clear from the chart, but we have a descending wedge that finished with the rare but highly reliable, I'm talking 81% Price Target Accuracy reliable, The Diamond Bottom. The fib retracement from March 5th to April 1st supports the Price projections of the...

DHuts Updated 

Hey Everyone, This is an update to my previous analysis as we look for a perfect entry into the next bull run. From my previous analysis, we looked at how a confirmation of the descending which pattern could propel Bitcoin into the 10,000+ range which would set us up nicely for a healthy correction back to the .618 Fibonacci retracement at around 9,500. This...

DHuts Updated 

Hey Everyone, see my comment for details for some reason TV thinks I'm not speaking English

DHuts Updated 

Hello All, This is my first ever publication on TV! Please use the following for educational purposes only. Looking at the BTCUSD 4h Chart we can see that Bitcoin has formed and as I'm writing this, broken out of a Descending Wedge pattern. There was a bearish channel formed from the high on 12-17 and the lower high on 1-6, we broke out of that channel on...