I don't particularly believe in fractals etc... however if TOTAL3 (altcoins market cap without BTC and ETH) repeate his previous run in the same time we should see next top at 1.273 trillions dollars. I think it could be higher but let's just stuck with the projection of history repeating itself. Off course I made the projection assuming the bottom of this...
I want BTC to dump but as long as it closes over that green zone I think it's not still dumping time, if instead it closes below that expect around a 7-8% dump. I saw that there's a lot of liquidity in the 26.4K area so it's likely that the green zone will be at least touched. Also, Peter Brandt pointed out that a H&S could be in formation and that would be...
UMA has been ranging in this channel for over 90 days (I'm still pissed off at myself for the bag I bought 2 years ago). At this point I don't care on where it'll go, wait for the break of one of the two sides and then long/short according with the wyckoff accumulation/distribution. Here you can see the scheme: miro.medium.com Remember: price has to break...
I missed this BTC pump because today in my country is still holiday so I was out with my friends however I think that if BTC closes over 32K the long term bearish structure is over. That blue trendline is the major trajectory on which BTC was moving before breaking it down last June, the fact it will close over that one it's already bullish. Here the weekly which...
The pattern MKR formed is pretty rounded, not sure if it's a cup in formation or a "fry pan pattern" A.K.A. "scoop pattern". Currently has retested the trendline at LTF: and it could go up from here. It could be a good opportunity but I'm not sure it'll trigger my entry. Change the entry according with your own ideas. Good luck
I've seen another signal claiming ETH would go to 2600 USDT but if you watch the weekly (here: ) the volume is decreasing so, unless we see an increase in volume by sunday I think we have to expect price to do one last spike, take some liquidity over previous high and then retrace. Good luck
Besides technical indicators as you can see on this BTC futures on CME there's a price gap between 20360 and 21095 USDT. So far every previous gap has been filled again so I expect this one to be filled too. On the other side DXY looks bullish: If the trend remains the same BTC will likely see a correction. Personal opinion: I think we still have to...
Another requested TA: ATOM. So I'm trying to mix a bit of SMC (the concepts I know) and classic retail trading (trendlines, volume etc...). In this case retail trading suggests a long opportunity in case of retest of the breakout trendiline ends up in a bounce back. However the SMC requires a "spring", an inducement and the creation of a FVG to take a long in...
Not sure if the news of owner of MakerDAO selling LDO to buy MKR played a role in this pump but MKR is pumping over a resistance zone (former resistance now that has been passed) and from my point of view, if the daily will close in this way, there are two possible zone where this can stop: that local high and the OB up there. I chose to take in account the...
I've been asked by many accounts to analyse TIME. So, this is what I think in a nutshell: I wouldn't risk money on this one. Yes, it can pump as this happened already twice but if the truth is that if you check the volume spikes this looks more as a P&D coin. I wanna state clearly that for me the majority of crypto projects are useless and or scam, I checked on...
I spotted this one too late unfortunately and I'M NOT SURE the right shoulder counts as shoulder but volume suggests it should be it. However if it retraces to that OB down there I think it'd be a good place to grab some. The target is the zone up there. Good luck
Volume peaks at the bottom and now close to the resistance zone seems to go toward this direction. To be fair I was watching at it to short it because, then, after a bit I realized that the short I wanted to take should form the handle. I'm not sure about this so I am waiting. However should I lose train this for the short it's better to watch out for the...
I think I've identified this Adam&Eve pattern and drawed that trendline around 8 months ago.... last week price retested the same trendline and seems to be bouncing. That's the magic of TA! About DXY: it's going up, the first move was already as high as the EVE curve, I'd expect it to reach that high again but I wouldn't know if it'll rip over it. If this...
I've been asked to analyse APE so here it is my point of view. This seems a lot a bear flag, I don't think it could be a revival triangle pattern because volume is lowering, because I don't think market has bottomed and because I would have expected a left side of the triangle to be created from bottom to top and here is the opposite. My opinion is that this...
I think we'll see another spike over this OB (which is part of a model in MMXM) and then a dump in that green box. bearish DIV is already formed at 4h. Let's see if I'm correct, I'm still getting the hang of the smart money concepts. Good luck
So basically I'd short SOL once price reaches that OB and grab some liquidity. I think SOL won't recover much after FTX debacle and I think this market pump is just BTC making another bear flag before another dump. 1+1=2, I think this SOL pump is just a dead cat bounce. At 4h we can already see a bearish DIV in formation but if BTC keeps staying over 17K I think...
This is my very old adam&eve pattern I identified on DXY, I think around 101 we'll a bounce back on the neckline. Probably then we'll witness total capitulation. This is a monthly chart, maybe this will take 2-3 months more.
Ok, here the daily chart: I think that until BTC stays in green various alts could do this dead cat bounces, in this case it's too late to jump on the longs but you could wait for shorts. Considering that a pin bar (shooting star in this case) already happened below the first level at which I'd attempt a short I'd set a sell order over that OB. Let's say...