NoOneWhoIsSomeone

NoOneWhoIsSomeone

BTC potentially could be resting at a support area before consensus is made about the Omicron Variant next week or in the coming weeks. Depending on the shift in narrative and how impactful potential lockdowns may be to the economy, that will be the most influence on price action. If all is manageable and no catastrophe happens, BTC should be ready for more...

NoOneWhoIsSomeone

BTC has seen breakout after breakout. It is trading above the 200MA and has broken back in the Primary Bullish Channel that took BTC to its 65k All-Time High and will likely take the price to the next ATH! This does not mean we don't see some short-term volatility, but personally, I'm leaning against any big corrections here. The most I'm anticipating is a...

NoOneWhoIsSomeone

Market conditions seem very manipulation-driven at the moment. We have just seen a hunt to liquidate leverage with a flash crash to 50k and it was bought back up within seconds. This is an interesting development and with how rapidly the price bounced back to 55k means BTC likely has a lot of support here. Price is hovering just below the neckline (Redline) and...

NoOneWhoIsSomeone

I would be a pretty frightened Bear in this area... could be time for hibernation? A successful retest of this channel break out would be incredibly bullish and will likely send the price to test New All-Time Highs.

NoOneWhoIsSomeone

The chart here really speaks for itself. $TLRY is coming to the end of the Falling Wedge it has been trading in since February and is very likely going to break out to the upside. We are also seeing higher highs on the RSI while the price is dropping. This is bullish divergence, paired right at support, making this a very clean setup. A very modest target will...

NoOneWhoIsSomeone

Traders are already talking about the crash. The crash is always coming, except it never seems to arrive when they claim and all we hear is the noise of missed opportunities. Everyone is the expert trader and they have it all figured out. But yet somehow 95% of traders blow up their accounts the first year of investing. These are the same traders screaming for the...

NoOneWhoIsSomeone

Bitcoin has beautifully broken out past the first big level of resistance and has signaled a probable mark to the second half of this Bull Run. In my previous analysis, we were looking for a break of the RSI Resistance and we have seen just that. Here is my previous analysis and why I was able to predict this pump before it started; Here is an updated look at...

NoOneWhoIsSomeone Updated 

Bitcoin is approaching resistance and it's going to test the 50k level again. I can't emphasize enough the importance of this particular chart, this in my opinion is the most valuable chart you can see on BTC other than On-Chain Analytics/Data. From a TA standpoint, this chart is magical. What we are looking for is a test of that Red Resistance line at around 50k...

NoOneWhoIsSomeone Updated 

The impending market crash, crypto regulation, the dot-com bubble, and the possibility of US debt default are all on the table right now. This is on every investor's radar at the moment. Fear is reaching levels that are unprecedented. While the crash in May led to an extreme amount of fear, it wasn't paired with a possible stock market crash and a debt default...

NoOneWhoIsSomeone Updated 

I've held a very bearish perspective since the correction in May and have been accurate for most of my short predictions. Here we are in a very similar situation where I previously would have called for a short over the coming month or so. This is my previous chart which has played out almost perfectly; Here we can see the structure of both the peak in May and...

NoOneWhoIsSomeone

Many Chartists and Traders are expecting more downside here, but I hold strong that BTC is set up for one last big rally to mark the top of this run. I am not just thinking in terms of BTC here but also the broader markets as well, especially the S&P-500. If you follow both Crypto and stocks, you would be aware of the correction the SPX had a little over a week...

NoOneWhoIsSomeone Updated 

BTC has seen a steep correction since September 6th after it faced heavy resistance at $53,000. This was simply because breaking this resistance would have freed BTC to move up to roughly $70,000. With this in mind, that Red line indicated in the chart is the absolute zone of resistance. That is the ultimate level it needs to break to reach All-Time Highs. As...

NoOneWhoIsSomeone Updated 

A retest of 49k from here is likely at this point judging by the bull flag pattern it has formed in the downtrend channel indicated in the chart. We are also seeing a drop in price but the RSI is making higher highs which are signs of continuation to the upside. From here any retest of 49k-50k will be critical and will be the deciding factor of where we go in...

NoOneWhoIsSomeone Updated 

Short term we are seeing BTC still fighting a bearish structure coming off of a steep correction now trading in a Bear Flag. We are also seeing a bearish crossover on the 50MA and the 200MA Supports are labeled on the chart. ~42,000 ~39,000 If by chance it breaks to the upside Target will again be ~50,000

NoOneWhoIsSomeone

If there is a breakdown of Bullish Trendline (Bottom of Wedge) then the correction target would likely be around $1.80. As long as the $1.80 level holds as support, a move back to the upside is very likely to retest the broken structure. We see a 5 wave up followed by a potential ABC correction pattern. This is in line with the rising wedge bearish pattern it...

NoOneWhoIsSomeone Updated 

Cardano has been amongst the strongest recoveries we have seen since BTC has pushed to 53,000. With this strength, we have seen ADA break All-Time Highs and has since faced strong selling pressure. In the chart, I have indicated what I personally believe to be the range levels ADA has traded in since February 2021. With ADA breaking its ATH, it will act as...

NoOneWhoIsSomeone

Ethereum faced heavy resistance at $4,000 after a very strong uptrend. With this correction, ETH will be looking to build up strength again for the next push-up. The support indicated by the chart is where ETH will likely find support to resume an uptrend. The Red line is where ETH will find heavy resistance once more. This suggests ETH supports are ~3,000 -...

NoOneWhoIsSomeone Updated 

As we charted in a previous analysis, we have seen a correction from 42,700k almost perfectly. From here it is going to be important to see where BTC finds true support and see where it will retest broken support. Here is my previous analysis for more context; As we were able to predict the correction from past Price Action we will try to do the same here. Both...