We are about to end btc...eventually back to 6k. We are in a long Wyckoff distribution phase that will take us back to 6k in the a decade or so lol. For now, this chart I have flipped and currently in the ST in phase B.
I have flipped the BTC weekly chart to compare with wyckoff accumulation phase. This is what I see from the chart. Short at the ST phase - when it shows exhaustion and take profit around 30k zone. Then long that support trendline.
I am comparing the 4hr btc time from april 18 2021 - 69k ATH to current price action. We are at the green arrow zone in the 4hr. We should get small dump shortly > then retest the 46k zone to test the orange MA then if it gets rejected, we will START a bear trend as it keep rejected orange MA line. If it gets rejects on the 46k and unable to keep above the orange...
BTC will soon finish the triangle pattern in the coming days, move to happen next week. In the 4hr we will test orange line MA a few more times as MACD starts to slowly crossed above zero. Matching this pattern vs. INJ daily. On a brink of breakout to 58k then SOS/deaccumulation for new ATH
BTC currently trying to finish the SOS pattern with LPS to play out in the next few days. Should test the Orange MA line around $41,150 zone, if this holds and 4hr macd starting to curve and crossed above zero...making lower highs then we are on the brink for huge IMPLUSE MOVE!!!
BTC weekly chart to exploded after 4-6 weeks in consolidation phase. We will see 80k+ BTC vs. INJ - pattern playing out. MACD/RSI in harmony. Prepare your bags lol
BTC in 8hr TF with MACD soon to crossed up for a price action to new highs for the year out of the trading range to then retrace back down. The reaccumulation phase is ETA roughly 4-6 weeks...let's wait to find out.
MATIC and most coins are currently been going sideways including BTC. I am noticing a huge re-accumulation pattern is currently playing out. If it plays out in the next 4-6weeks - we are going for a HUGE breakout. During these times without movement or sideways, a lot will get shaken out of positions or loose interests while they accumulating. Let's see if it...
BTC vs. INJ BTC is in a trading range for reaccumulating/SOS pattern before a breakout to 80k and retrace once hit around that price range. BTC 8HR, Orange MA line will need to catch up and be going sideways - this is opportunity to be buying dips, load up on them and alts. TP around 80k - which is a UT pattern of the overall distribution pattern playing out on...
BTC v.s Distribution Pattern Weekly TF we can clearly see we are heading towards UT of the overall distribution pattern. UT will mark the price around 80k before retrace back down to 20k. Then make it's way out to UTAB Test before a biggest BEAR RUN back to the bottom being around 8-12K Watch for bigger TF to play out with distribution pattern.
SOL vs. INK SOS pattern is playing out. waiting for a green green bar to show up with a buy signal to confirm the trend is up. Blue line MA has been playing the support this whole time. Blue line is the mid BB indicator. Target TP at $120. Trade is still active.
KAS is currently forming an SOS phase/consolidation phase before a breakout when comparing with INJ. Most coins are forming SOS pattern/bull flag. Accumulate at the lows/dips each time as it slowly breakout. Target 0.19-0.24
Just updating the SOL pattern. MATIC vs. SOL Is still in play for our Head and Shoulder's Pattern before a retrace.
Comparing SOL to Link/Matic as well based on previous price actions. SOL is current trying to form head and shoulders pattern - while BTC will form utab before a retrace. Target for head $84-$88 SOL vs. LINK - H&S comparison SOL vs. MATIC - H&S comparison
We are about to have a good old crash to test either #2 wyckoff accumulation phase or #1 wyckoff Spring Phase. Then we start a very slow grind/jumping creek and SOS pattern before breaking 30k resistance. in the wyckoff version #2 patern we could see a stop at around 16k. to DCA. Or Wyckoff #1 version where we see a Spring/TEST around 8-12k zone..
My first chart. Once we break that trendline and loose 25k it's straight down to 18k for a bounce.
BTC chart flipped looking to finish off the Spring/Test on the 15min. Short area around 31300 TP around 27250
Most coins are currently forming a big timeframe wyckoff accumulation pattern. We are expecting in the near term Spring to play out.