ThankTheRothschildFamily

ThankTheRothschildFamily Pro

BTC is forming a corrective trend to the upside in the form of a Double Three (WXY). EW rules suggest the final Y wave should form a flat or triangle pattern before resuming the larger downtrend. Y leg tends to gravitate towards the 1 to 1.23 extension of W, consistent with the bearish order block circa $24k.

ThankTheRothschildFamily Pro

It appears we're nearing the end of our bearish triangle serving as the 'X' connector wave of the complex WXY structure. Expecting a nice 5 wave (impulse) move down following the breakout. Entire move is corrective with targets as low as 32k.

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Leading diagonal represents the first wave of the zig zag corrective pattern down. Wave C should equal no less than 1.618 extension of Wave A.

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Looks like a correction on the horizon short term

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Self Explanatory

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Self explanatory

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Falling wedge breakout

ThankTheRothschildFamily Pro Updated 

BTC closed under the supply zone and attempting a retest of $11,827. This will be the third attempt on the 4 hourly basis. Currently trading within an ascending channel. I suspect we will test the bottom of that channel soon.

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Someone said my charts were ugly. Well I'm a pig and I like my sty, screw you guys. Anyway, corn still looks dumpy to me. Tentatively, the descending triangle measured move to 8835 is in the cards. Note: Red lines on my chart identify monthly support/resistance lines. Therefore, if we make it to that level, I am expecting a significant bounce. Additionally, if we...

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Not much to say. 4Hr (black trend) is up, daily (blue trend) and weekly approaching weekly resistance. Apex coming soon. Cyan represents acc/distr levels. Corn on sale for the low!

ThankTheRothschildFamily Pro Updated 

Below is the 15 minute chart for ADA. Price closed below the 50 EMA. I've taken a short based on the 4 hour price action which implies trend reversal (or consolidation). Normally I like to wait for more data on the 4 hour but the bear engulfing on the 15 minute with close inside the ichi cloud seems like good R/R for me. Targeting at least the value area high of 4...

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Long Target 9670 area. Accumulation was in fact accumulation and made a clean move above it. Expecting 9670 with a max target of 10,100. Will update as more data provided.

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Really nothing special about this chart. Past support becomes new resistance. I've delineated previous S/R levels (weekly) in purple. These are my TP levels while longing the expansion phases on the 15 minute chart. The dashed green line is the .618 retracement from SH to SL. Swinging til I cant swing no mo.

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Don't think I've posted anything about my longer term trade for good ole BTC, so here it is. Note the POC (point of control, yellow dotted line). Price generally finds itself trading back in that area over time unless, of course, volume begins to pick up at higher levels. In which case, that POC will begin to move higher. BUT for now, the POC rests around 6405 and...

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Corn is still bullish despite the recent drop off in price. Strong bull hammer on the daily above the green ichi cloud. Still the same overall outlook as far as my trades are concerned. Slow grind to 9300 possibly a smidge under 9500 before drop to 6400. There is a possibility we grind out this slow upwards trend until 10k before the drop as well, but make no...

ThankTheRothschildFamily Pro Updated 

Little fakeout to the downside before bullish continuation? Corn found support again at the accumulation low. Nothing has changed yet from any of my previous ideas. I'm awaiting the 4 hour close before I 1) add to my existing short or 2) take a long position. Decision is dependent upon whether or not the 4 hour closes above or below the accumulation low. I have a...

ThankTheRothschildFamily Pro Updated 

Focus on the green wedge formation. Potential grind to the top of this wedge formation before the drop. 9330 is looking really nice. If corn breaks and closes above that high accumulation area zone of 9338 on a 4 hour chart, I would expect the 9675 area to be achieved. Nothing has changed thus far.

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As I've stated in previous posts, we're in accumulation for bitcoin. I just noticed something in the chart that I think is very interesting. Looking at the weekly chart we see a potential double doji pattern. Double doji is seen as a state of extreme indecision in the market. The best way to trade a double doji pattern is to zoom in on lower timeframes to identify...