LA_Designer

LA_Designer

SHIB had a short-term top in March 2024 and has been in an accumulation range since then. We can now see a large wedge pattern forming. Once this trend line breaks, we could see big moves coming. First major area of resistance is around 000029 with a local top at 000045. Be patient!

LA_Designer Updated 

SHIB just hit one of my accumulation targets at the .786 fib on the weekly. Needs a break of the trend line to confirm a bullish move.

LA_Designer

CRV has had a rough 2 years, but this weekly timeframe shows us a nice big falling wedge pattern that is gearing up for a breakout in the coming weeks/months. If there's a clean break above .88 then expect a huge rally.

LA_Designer

BTC decided to poke its head out of this 22-day downtrend. A move to 73K is likely coming, and break of that would lead to a massive rally.

LA_Designer Updated 

23% correction lasted around 50 days. After a reset, Bitcoin is ready for another ride to the upside!

LA_Designer

The recent dip is still within healthy range. I think BTC is preparing for a large move up, unless the $60K support breaks.

LA_Designer

There is a short-term downward channel with strong support levels between 61K - 62K. If that fails, then 50K - 52K would be the next target to watch for entry points. Long-term I'm bullish.

LA_Designer

Short term I'm bearish on BTC. I think it needs a correction back to support before continuing higher. Long term I'm bullish, and the only way I will be bullish in the short-term is if this rising wedge breaks upward and holds.

LA_Designer Updated 

Quick update on the BTC weekly chart. Bullish scenario: Weekly closes above $25K. If support holds, expect a bounce up. Heavy resistance at $31K. Bearish scenario: Weekly closes below $25K. Next major support level around $22K.

LA_Designer Updated 

The weekly RSI is tightening up between support and resistance. Bullish divergence is still valid. If the RSI breaks above that red line, expect a move up. It could happen between now and mid-January. $25K - $26K would act as strong resistance. Invalidated if the lower trend line breaks.

LA_Designer Updated 

It's pretty clear that the shorts just got wiped out and blew past the 200-day MA. The first target at $21K has been reached. Next major zone would be around $22.5K. Congrats to all who accumulated between $16K - $18K.

LA_Designer

APE has been trading below this major trend line since May 2022. As we can see on the weekly chart, APE has finally broken through the trend line and has reached the first resistance zone between $5.00 - $5.25. Assuming the bullish momentum continues in the coming weeks, the next major target would be $6 - $6.25. Invalidated with a break below the trend line.

LA_Designer

On the weekly chart, ADA has been forming a wedge pattern since May 2022, which has finally broken out. If the bullish momentum continues, the next major resistance zone would be around $.40 - $.43. Invalidated if it falls below the trend line.

LA_Designer Updated 

This INVERTED 3-day chart shows a massive rising wedge with bearish divergence on the RSI. Looks like an amazing short (but really long) opportunity to me!

LA_Designer Updated 

This inverted weekly chart looks like a great short (but really long) opportunity. Multiple touch points on that bottom trend line is bound to break in the coming weeks.

LA_Designer Updated 

This is Jimmy Moonboy forecasting DXY's movement. My previous posts explained the bearish divergences and broken structures in more detail. Enjoy ;-)

LA_Designer Updated 

I hate to say this, but Solana looks like it's about to turn into dust soon. That new weekly candle that is forming now is telling me there is a big chance that Solana will fall into the single digit range in the near future. With all the crypto drama going on now with FTX, Solana is taking a huge hit at the moment.

LA_Designer

Assuming this inverse H&S pattern completes on the hourly chart, the target would be around $1,400 - $1,500. Invalid with a right shoulder breakdown.