ETHBTC Funnel : M/W/D (LT) Again, please take the time to re-read and appreciate the accuracy of my last LT TA on ETH, right before the bull run. Now, that monthly uptrend has already reached 2 impulsions waves (blue drawing). Considering the fact that the typical uptrend usually has 3 impulsion waves, that makes us somewhere halfway in this bull run. The...
BTCUSD update Funnel : M/W/D (LT) Just for fun, please re-read the previous LT TA and see how I perfectly called the very beginning of this bull run. Now I'll try to call the end of it. The weekly uptrend (aka the one that started this bull run) has already 4 impulsion waves (pink drawing) which makes it old and likely to slowndown or to turn back down. As...
BTCUSD update Funnel : D/H4/M30 (intraday) If we consider my last TA, scenario 2 is happening, which means we're going down to at least 50k. However, the BB seem to go for another range/compression on daily. Therefore, I have reajusted the yellow horizontal lines to match it. The bias is uncertain as we are right in the middle of this alleged daily range...
BTCUSD update Funnel : D/H4/M30 (intraday) My throwback scenario seems to be in the process of being invalidated. Therefore, the next close on H4 will be very important: 1/ If we close above the last daily bottom (pink circle) at ~54250, my throwback scenario is still valid. It will just happen a bit lower than I expected in this morning's TA. 2/ If we close...
BTCUSD update Funnel : D/H4/M30 (intraday) Finally some action on BTC. The bias is bullish on daily since we are out of this range (yellow). The H4 has entered a downtrend since we broke the last bottom à ~59300 (white drawing). I expect a throwback on the upper side of the daily range (red/green dashed arrows) for several reasons: 1/ It is the previous ATH...
BTCUSD update Funnel : D/H4/M30 (intraday) We did have this correction to 50k (even lower) that I was anticipating in my previous TA. The good news is that this was healthy for several reasons. We just couldn't keep growing like this without another huge correction. Now, even if the bias on daily is still bullish in theory, I believe Bitcoin will start to...
BTCUSD update Funnel : D/H4/M30 (intraday) The bias is still bullish on daily. The H4 is in an uptrend with already 3 impulsion waves (white drawing), therefore this uptrend is already considered as old and it is unsafe to enter now. Now, it's either we have a 4th impulsion wave towards 55k, which would be the next psychological level in this price discovery...
BTCUSD update Funnel : D/H4/M30 (intraday) The breakout of the compression on H4 (blue) didn't happen yesterday. Instead, the price went back to the lower part of the compression. Still nothing to do at the moment. If we break this compression on H4 by the bottom, the price must be maintained above 41k aka the last daily top (pink circle) in order to preserve...
ETHBTC Funnel : M/W/D (LT) The price is currently compressing on W (light pink) in the upper part of a monthly range (orange). This is already bullish. But what makes it even more bullish is that the price has reintegrated this weekly compression up (light pink drawing). I expect a double breakout W/M this month. This means ETH is officially going to...
BTCUSD update Funnel : D/H4/M30 (intraday) Target of the bearish scenario has been hit. The bias is still bullish on daily as long as we do not close a daily candle below the last daily top (pink circle) at ~34k. The H4 is in a downtrend, therefore there is nothing to do at the moment. The VPVR zone is pretty massive between 31k and 34k. I think if BTC...
BTCUSD update Funnel : D/H4/M30 (intraday) Go read my 3 previous TA, I'm a genius. The biais is still bullish on daily. The price is likely to go and compress on H4 (blue) between 25k and 28k. I foresee two scenarios: 1/ We break it down and go for a retest of the 23/24k zone of S/R. If this happens, one shall not panic sell unless we close a daily candle...
BTCUSD update Funnel : D/H4/M30 (intraday) Scenario 1 happened, but we are now potentially heading to scenario 2. The next close on H4 will say it all. Either this is a bear trap and we will reintegrate the compression on H4 (blue) up or we are going for that painful correction. Stay out. ————— Entonnoir : D/H4/M30 (intraday) Le premier scénario s'est réalisé...
BTCUSD update Funnel : D/H4/M30 (intraday) I won't even mention how accurate was my "expect some volatility today" signal. The bias is definitely bullish on daily. The trend on H4 faced a slowdown with an incapacity to create a higher high with the 3rd impulsion wave (white drawing). Now I foresee 2 scenarios: 1/ Either we enter into a compression on H4...
BCH/USDC (Binance) Funnel : W/D/H4 (swing) We have a daily compression (yellow) right under the upper part of a weekly compression (white). This could lead to a powerful double breakout on D/W. Brace yourselves. The beast is awakening. ————— Entonnoir : W/D/H4 (swing) Nous avons une compression daily (jaune) qui s'amorce dans la partie supérieure d'une...
BTCUSD update Funnel : D/H4/M30 (intraday) Breakout happened right on time. Unfortunately, it broke in the way I did not expect. First target reached. Let's see if this dump stops here, in the median zone of the daily range (yellow) or if we're going to hit my 2nd target. The downtrend on H4 has already 3 impulsion waves (white drawing) which makes it old and...
BTCUSD update Funnel : D/H4/M30 (intraday) The price is currently compressing pretty hard on H4 (blue), right in the upper part of the daily compression (yellow). I expect a breakout today. Could go both ways as there is no trend on daily yet, but what I expect is a double breakout signal on H4/D (green scenario), which could easily lead to a new ATH. If not, we...
BTCUSD update Funnel : D/H4/M30 (intraday) The price has been clearly rejected righ on the upper side of the daily range (yellow) I drawn. This range will likely start to narrow (as per my light blue drawing) to become a daily compression. The rest is just noise. Nothing to do. ————— Entonnoir : D/H4/M30 (intraday) Le prix a été clairement rejeté sur la...
BTCUSD update Funnel : D/H4/M30 (intraday) Scenario 1 is playing out. The compression on H4 (blue) broke out by its top. If the price manages to break the last daily top (pink circle), this would reopen the trading window on daily, probably leading to a retest of the ATH. If there is a rejection at the last daily top, it is likely we gonna start to compress on...