MATHR3E

MATHR3E

$BTC has just been rejected by TDST Resistance line. MATHR3E REI indicator was overbought (>40) in a bearish/oversold territory (red background). Wave 4 remains in progress but is competing with a potential bearish Wave 3. The area of support between 10.600 and 11.000USD is still a good support zone to contemplate. However, today $BTC has just triggered a bearish...

MATHR3E

$BTC wave 4 is still in progress The first area of support between 10.600 and 11.000USD has not been touched. The pullback could be enough with a buy setup triggered yesterday. However, the buy Setup is unperfected and a retest of 11.100USD or lower is likely before the expected consolidation/reversal materializes. RSI starts to look good. A stronger correction...

MATHR3E

$BTC is showing signs of weakness today: - Rising wedge breakdown - RSI Oscillator divergence - REI Oscillator Weakness - Sequential 13 Exhaustion point Positive signs: Elliott Wave indicator is showing we are likely in a Wave 4 Consolidation before another leg up. The first area of support is between 10.600 and 11.000USD which is the most likely one for a Wave...

MATHR3E

$BTC Finally reached the target zone defined in March 2020. Now we are struggling below 10K with resistance levels and exhaustions points on multiple Time Frames: Weekly: Currently at the top of a symmetrical triangle combined with a Sequential S13 exhaustion point. A retest of the middle line of the symmetrical triangle is possible at the moment...

MATHR3E

Despite recent capitulation, BTC price is now close to interesting support levels on multiple timeframes. Weekly: The symmetrical triangle has held so far and the bullish sequential countdown is still in play. Currently looking for a S13 exhaustion point at around 9300 USD could also coincide with another touch of the upper line of the symmetrical...

MATHR3E

Hi Everyone, Gold has entered a corrective phase leading to the likely formation of a bearish channel. We also observe a descending triangle that broke down on November 07. The bearish target of the descending triangle also coincide with the bottom line of the bear channel and a price cluster previously formed during July @ around 1400 USD The bear move is...

MATHR3E

Hi everyone, The previous exhaustion point was too weak to reverse the price It only formed a short consolidation pattern (Bear Flag) before another drop. Now BTC has reached the second bearish target (on BITSTAMP) The price is currently printing an exhaustion point S13 + A21 on daily chart and a S34 on the 12H chart. These new exhaustion points should now lead...

MATHR3E

Hi everyone, Today, BTC has finally reached its first bearish target on COINBASE. The price is currently printing an exhaustion point S13. On BITSTAMP, this same exhaustion point is still at $7.470. (There is a countdown shift between the 2 platforms so it is difficult to rely on a single target.) Yet, the COINBASE exhaustion point remains a valid entry point...

MATHR3E

Hello everyone. Gold remains in a bullish trend and found some exhaustion points recently: - S13 and A21 on 08/08 - C13 on 08/13 - Nested S21 on 09/23 Despite these last exhaustion points, the daily main bullish sequential countdown has not been invalidated. This bullish countdown is currently on a bar 5/13 and its last increased bar was on 09/04. With the...

MATHR3E

Hi everyone, BTC is still forming a bull flag, but this could be insufficient to cancel the daily bearish countdown. If the countdown has to complete first, this means a bearish target of at least: - $7.993 on Coinbase - $7.470 on Bitstamp There is a countdown shift between the 2 platforms so it is actually quite difficult to predict a target. I would favor the...

MATHR3E

Hi Folks, BTC has now reached the upper line of the bear Channel . On the Daily chart the outlook is still bullish : - Sequential countdown is on candle 7/13 - Price is now above TDST Resistance On the 4H chart the outlook is now bearish with some warning signals: - Exhaustion point A13 and S13 - Rising Wedge Pattern The 4H Sell Setup is only on bar 5/9 so we...

MATHR3E

Hi Folks, Although Sequential exhaustion points help to identify good entry points, Keep in mind we can still go lower. A possible scenario is a touch of the upper line of this bearish channel followed by a fast crash. There is no sequential countdown in place at the moment, But Aggressive and Combo Countdowns are both triggered and both equal to...

MATHR3E

Hi Folks, It seems BTC is reintegrating the previous support line If we are able to close above USD 10.500 today, it could be a good sign for the continuation of the bullish move. We are now in a very tight range with 2 strong resistances ahead: - TDST Resistance Line - The upper line of the bear channel If the reintegrated support line really holds, we could...

MATHR3E Updated 

Hi Folks, $XRP has formed a bear channel since mid-June. This one is about to breakout! We are price-flipping today just after 2 consecutive exhaustion points (S13) If tomorrow's candle close above today's High candle, We will have a very strong BUY signal Note my sequential indicator has been configured with TD Price Flip parameter=5 (decrease...

MATHR3E

Hi Folks, Yesterday's call following the 4H S13 exhaustion point proved to be relevant. The sequential countdown is now on bar 4/13 and suggest a continuation of the bullish move. However, we are now at the confluence of 2 strong resistances: 1. Back-testing the old support line which is just being rejected. 2. Nearing TDST Resistance Line @10.700 USD If we are...

MATHR3E Updated 

Hi Folks, BTC is still evolving in a bear channel. On last analysis, we were starting a new bullish trend (Countdown 1/13). This bullish countdown has not yet been invalidated (2/13), however we are now in a more bearish posture: On August 28th, we triggered a sell signal with a red 2 closing below red 1 low. BTC is now sitting on 2 supports: - TDST Support...

MATHR3E

Hi Folks, I truly believe this consolidation will end as a bull flag and not a bear channel! Today's candle is very bullish and we have 3 major signals: - Green 2 closing above green 1 high (yesterday's high) - TDST Resistance is already being pierced we are only on bar 2/9 of the setup - Birth of a new daily uptrend with a new sequential countdown 1/13 At least...

MATHR3E

#Gold is showing bullishness on multiple timeframes. - The monthly chart is forming a 9 setup with a Recycle Flag which indicates the momentum is very strong and the underlying bull trend will intensify. - The Weekly chart is confirming the nascent bullish trend: A bullish Sequential Sell countdown has started and currently on a bar 2/13. - The daily chart is...