RocketMike111

RocketMike111

BITCOIN, after the FAKEOUT BREAKOUT, has re-entered the bearish channel that we’ve been monitoring for several months. This was a false breakout, which left many of us hopeful for a bullish market, but it turned out to be the opposite! But no worries, we must wait. The important thing here is that, within the bear market we saw last week, the price bounced off a...

RocketMike111

The price bounced exactly at the green zone, around 115.25. WOW, do you remember my analysis of Nvidia from last week? I can't even believe it myself; it was incredibly accurate! Every time I apply price behavior with price action, I always remember the words of my mentor, Al Brooks. He told me: "Just remember, Mike, price action is ALWAYS RIGHT." I believe...

RocketMike111

GOOGL, 2 VALIDATED CONFIRMATIONS! Last week, I mentioned that I was extremely bullish on Google. In fact, I even sent a buy alert to my investment clients since Google has shown many bullish patterns and is displaying typical "pre-earnings" behavior. However, I have shared my analysis with you for free because I want us all to succeed! And if you've been...

RocketMike111

N3 Confirmed!! The price is doing exactly what we had predicted (see previous analysis). Indeed, the price bounced in the zone we had predicted last week, creating an "N3" pattern. Now, we are waiting for the final phase of the N3 pattern, which is to reach new highs or new extreme. What do we need to see? This phase is of great importance because, if...

RocketMike111

Ethereum just broke out of the months-long channel, and in this case, we didn’t see a breakout with strength and volume. However, ETH is entering an accumulation phase and will consequently need to make a decision to break out and rise back to last month's levels. Just remember that the backbone of all cryptocurrencies is Bitcoin, and if Bitcoin decides to go up,...

RocketMike111

Lucky Number 7 !!!!!! Get Ready for the Bull-RUN!!! But first... First of all, I want to clarify that all the checkmarks checked off are the predictions we have been making over all these months. Each checkmark is confirmation that the price behavior followed the analysis we conducted. In this case, the breakout of point #7 was fulfilled, and this is the...

RocketMike111

Indeed, Nvidia is respecting the sequence of the bearish channel and bounced at point #5, moving downward. Now, even though Nvidia is dropping, it remains quite strong. Could we see a rebound at the following levels? 113.50 to 115.25 (marked in the green zone) If Nvidia bounces at these levels I mentioned, we will very likely see a channel breakout in the...

RocketMike111

There is a very important price behavior we need to check. I am almost certain that this behavior is the key to an upward movement on the following weeks. There are several points to consider in order to determine what Google’s next move will be. EMA CROSS WITH DIVERGENCE: As we can see above, we have an EMA cross with bearish divergence. When there is wide...

RocketMike111

Finally, we are at "All-Time Highs" and have unlocked a New Channel. What will happen next? Let’s just let the price follow its course. Last week, we correctly predicted the price movement by creating an "N3" and landing in the order block as support to gain upward momentum with the recent movements the price has made, we have unlocked a new upward channel in...

RocketMike111

First of all, I want to be very clear that all the checkmarks are the predictions we have been making over these past few months. Each checkmark is a confirmation that the price moved on our side. To verify this, you can visit my Trading View page and check my analysis history, which I’ve shared with you every weekend. Now, let's get into the Bitcoin...

RocketMike111

Finally, Google breaks the bearish channel! And we are still at an excellent buying price! If you're in for the long term with Google: This is what we call a SOLID DECISION! Despite the recent bad news Google has faced, like lawsuits and other security issues, fundamentally, Google has always shown strength: 0 debt, solid sales and earnings, and, best of all,...

RocketMike111

We believed Nvidia would make the turn to validate and then break point #5, but that wasn’t the case. Nvidia remains within the bearish sequence, but it still hasn’t been able to give us confirmation of reaching point #5. The only thing we need to consider is the structure of the bearish channel, in which the most important part of this structure is our GAP zone...

RocketMike111

FINALLY HERE ! NEW ALL TIME HIGHS ! But wait!!! do you really Trust those 2 last Dojis ? Here are 2 quick scenarios to analyze for the week: Scenario #1 (Green Line): The price may pull back to bounce off the order block zone I have marked in white, which we know as the institutional block where there was a lot of liquidity. I call this pattern in my...

RocketMike111

Ethereum is still in a bearish market. It had a very small upward movement, lasting maybe 2 or 3 days, but it continues to show an overall bearish trend. The only thing I can detect here is that we are still in a liquidity zone. However, there hasn't been enough volume for Bitcoin to gain strength and break the bearish channel. That’s the key! ETH needs to break...

RocketMike111

Bitcoin is stationed in an inefficiency zone but with a lot of strength. It undoubtedly had a bullish week, and naturally, after a bullish run, the price needs to take a pause or rest. What better place than our historical zone, which we've marked as an inefficiency zone on the 1-day chart. Yes, Bitcoin still has a bit more to climb to see the breakout that I've...

RocketMike111

Google needs to break the bearish sequence channel. We have discovered several inflection points that create a very important zone, which is fully respected. When the price falls into this zone, it simply bounces because historically, these inflection points (green circles) have shown a liquidity and trend action. If you can see on the 3rd circle, there is a...

RocketMike111

The price has shown a turn exactly in our GAP area, and this is where it gets interesting because this turn gave much more validation to our GAP area by bouncing precisely off of it. From here on, the bearish sequence has, for the first time, been incomplete due to the swing-turn that occurred before reaching support on our point #4. The question is: is this the...

RocketMike111

We are undoubtedly in a scenario where the price is showing a lot of strength. As we can see, the price previously attempted to break all-time highs but encountered an institutional liquidity block, trying twice and creating a double top before making a pullback for days ! This second attempt to break the all-time high will be very important because, after the...