Multi Timeframe Analysis Hint: Markets Oversold. Rock bottom. Firesale could lead to boom. Discount buyers can propel prices up Medium term Bullish Narrative: 1. Bullish divergences on the daily chart 2. TDI signalling oversold levels 3. Money Flow Index trending to green 4. Bullish Navarro200 harmonic pattern on the daily chart. O.56 is the potential entry...
Multi Timeframe Analysis Hint: Markets Oversold. Rock bottom. Firesale will lead to boom The strong USD brought NZDUSD to hell. Time for discount buyers Medium term Bullish Narrative: 1. Order blocks at the 0.62 levels that coincide with fibonacci retracements 2. TDI reaching oversold levels 4. Bullish Nen Star harmonic pattern on the daily chart Remember:...
Multi Timeframe Analysis Hint: Markets Oversold. Rock bottom. Firesale will lead to boom The strong USD brought AUDUSD to hell. Time for discount buyers Medium term Bullish Narrative: 1. Order blocks at the 0.686 levels that coincide with fibonacci retracements 2. TDI reaching oversold levels 4. Bullish Shark harmonic pattern on the daily chart Remember:...
Multi Timeframe Analysis Hint: Markets Overbought. Tumble coming The strong USD brought USDCHF to the moon. Time for profit taking. Medium term Bearish Narrative: 1. Bullish order blocks at the 0.96 evels that coincide with fibonacci retracements 2. TDI reached oversold levels 4. Bearish Shark harmonic pattern on the daily chart Remember: life often...
Multi Timeframe Analysis Hint: Markets Overbought. Tumble coming The strong USD brought USDCAD to the moon. Time for profit taking. Medium term Bearish Narrative: 1. Bullish order blocks at the `1.29 and 1.27 levels that coincide with fibonacci retracements 2. TDI reached oversold levels 4. Bearish Navrro200 and Shark harmonic pattern on the daily...
Multi Timeframe Analysis Hint: Markets Overbought. Tumble coming The strong USD brought USDJPY to the moon. Time for profit taking. Medium term Bearish Narrative: 1. Bullish order blocks at the 135 and 138 levels that coincide with fibonacci retracements 2. TDI reaching oversold levels 4. Bearish Crab harmonic pattern on the daily chart Remember: life often...
Multi Timeframe Analysis Hint: Markets Oversold But Ready to Tumble further Last November 2021 and Jan 2022 I published the inevitable crash of the markets on the basis of harmonic patterns and macroeconomics. Those pieces panned out. On the same basis, I see BTC taking a mild upwsing to 24k over the next few days then to incur further losses down to 16k then...
Multi Timeframe Analysis Hint: Markets near bottom I see BTC dropping further to 10k USD by August to Sept 2022. This would coincide with MTGOX repayment of 150K bitcoins. While the US Economy continues to see runaway inflation and FED steps in with quantitative tightening, the sell-offs across stocks and crypto appears to be tapering off. GALA is one of the...
Multi Timeframe Analysis Hint: 7 more FED rate hikes. Dang. The US Economy continues to see runaway inflation. FED steps in with quantitative tightening. Rate hikes of 50 to 75 basis points scheduled 7 more times this year. On July 28 we expect another announcement from the Bureau of Economic Analysis. The last two reports saw -1.4% GDP which implies a...
Multi Timeframe Analysis Hint: Strong bearish harmonic patterns stand respected on the daily and weekly chart . Last April 28, my forecast of a surge to 44k then a drop the high 20s unfolded flawlessly. I now see BTC dropping to 20k as more investors take a risk-off approach. Final capitulation levels stand at 18k... possibly 12k. Bearish Narrative: 1. BTC...
Multi Timeframe Analysis Hint: Two strong bearish harmonic patterns stand respected on the weekly chart . Expect BTC to make a final attempt to 44k, after which a drop to the low 20s Bearish Narrative: 1. BTC continues to retest the 43k Zone and fails 2. Trader's Dynamic Index continues to stay below the 50 line 3. The FED's 50 basis points announcement...
Multi Timeframe Analysis Hint: Two strong bearish harmonic patterns stand respected on the daily chart. BTC will surge to 100k in a year- but first, more pitstops to the bottom as traders amass profits. Bearish Narrative: 1. Previous fall prediction satisfied. 2. Trader's Dynamic Index is sharking out of the water. Fall had begun from the high 40 level. 3....
Multi Timeframe Analysis Hint: Two strong harmonic patterns in contradiction. A Bearish Cypher harmonic pattern projects a 77 USD target. A Bullish Nen Star projects 204 USD Confused Narrative: 1. MFI shifted to red 2. Trader's Dynamic Index is sharking out of the water. Could drop the price. 3. Price breaking throught the red Ichimoku cloud 4. Weekly bearish...
Multi Timeframe Analysis Hint: Bearish harmonic pattern upheld The bearish navarro and bat harmonic pattern continues to be respected Bullish Narrative: 1. Strong bearish harmonic patterns . 2. Negative berish divergence signals for MFI and RSI. 3. Money Flow Index shifting to red 4. Weekly bearish EMA respected 5. Volume profile support. Price can't drop...
Multi Timeframe Analysis Hint: Bearish harmonic pattern upheld The bearish anti bat and anti cypher pattern continues to be respected Bullish Narrative: 1. Strong bearish harmonic patterns . 2. Negative berish divergence signals. 3. Money Flow Index shifting to red 4. Weekly bearish EMA respected 5. Volume profile support. Price can't drop below 1.3. Last...
Multi Timeframe Analysis Hint: Lead developers leaving? No problem. The bullish cypher pattern continues to be respected with a healthy uptrend. Bullish Narrative: 1. Strong bullish cypher harmonic patterns . 2. Multiple bullish divergence patterns on the lower timeframes. Be warned of a bearish divergence on the 4H and Daily. 3. Money Flow Index shifting to...
Multi Timeframe Analysis Hint: Higher pump prices coming The bullish bat and shark harmonic patterns refused to be invalidated at the D point and prices reverses to the upside. We may see 108 to 113USD before long BEarishNarrative: 1. Strong bullish bat and shark harmonic patterns. 2. Multiple bullish divergence patterns on the 4H and Daily chart 3. Shark out...
Multi Timeframe Analysis Hint: Double Top? No It's a Triple Top The Bearish Harmonic Cypher and Butterfly patterns continue to hold on the Daily Chart (with a similar on Weekly Chart). BTC will fall again, possibly to a first target of 37k and a lowest of 28k. BEarishNarrative: 1. BTC failed to pierce 45k twice resulting in a double top bearish fall 2. Mass of...