TheWhistler

TheWhistler

Always two side to a story. Looking at the NAS100, their seems to be a divergence between the macro narrative (bearish) and the markets, which are currently bullish. The progression from 13th Sept '22 low can be looked at as a series of 1,2 's in three degrees of trend as illustrated. The key will be the nature of pullbacks , i would like to see slow controlled...

TheWhistler

Galabtc is teasing the trendline holding the decline in price for a while now. Break and hold of TL will provide some upside to overhead resistance as marked out on chart

TheWhistler

BTC dominance is fading holding below its day 20ema.If it continues to slide lower, I expect SOL breakout to hold.

TheWhistler

Been tracing out this corrective pattern as a WXY and looks complete. If index prints a higher high then the bearish case weakens. If count is correct i expect the whole corrective structure to be retraced and then some

TheWhistler

2 for the price of 1? Noticed these two classical TA patterns and they are both very bearish. The Diamond and Head and Shoulders. Currently price is playing ball. This ties well with my hypothesis as illustrated on related chart

TheWhistler

Meme BOB zones to watch . With memes waking up looking at other potentials to benefit might be fun. BOB is currently on a pull back after a brief push up. Watching for evidence of further upside

TheWhistler

Meme coins season? might very well be. We have limited price history to go by. highlighted are zones to keep an eye on. Happy meme'ing

TheWhistler

Current rally has been on notable low volume. My hypotheses that we have been in a corrective phase still holds until invalidated by price going above 32951. It also suggests the next move lower should take out the low in November 2022. Alternative view : The character of pullback at or near current levels will provide critical clues. If corrective in nature ,then...

TheWhistler

An ending diagonal in the making ? This suggests the roller coaster ride that commenced in June '22 is coming to an end. A new high probable - 7596 to 7750

TheWhistler

The corrective pattern i have been tracking on the idea is complete. Only question is will BTC print a new low , or will it retrace the the run up and then resume the bull run? The character of this pull back will provide clues to help answer these questions A hold above 25k would strengthen the bullish case

TheWhistler

Talk of an explosive move! characteristic of wave 3. Expecting pull back to around 20500- 20400. before the 5th wave of (C) commences. Once (C) is complete i expect the bear trend to resume.

TheWhistler

BTC has now printed a price higher than Wave 2 invalidating previous idea. I'm now looking at this as a possible ABC correction with C in progress. Pay attention to invalidation levels

TheWhistler

Probable scenario : Rally likely to fail and print a new low around 14500 - 12800 before we see buyers step in for a more sustained rally

TheWhistler

USDJPY approaching it's August 1998 high 24 years later ! . We also have a equal measured move nearing completion and a parabolic trend in place.

TheWhistler

The retracement from lows of 17k continues to unfold with possible more upside to retest 25 - 26K.Current price action suggests a possible revisit of 22k level before continuation of price higher. This presents an opportunity short if you have the skill set to do so. Trade smart ,keep your eye on risk. The market will take care of profits

TheWhistler

First leg up complete as an A , B currently unfolding to be followed by 2nd leg up to complete C wave.

TheWhistler

Unless BTC decouples from equities. My best count. There is a possibility current bear is is a (iv) with (v) up to follow. However in light of the geopolitical environment and the macro economy nightmare i am not convinced

TheWhistler

Possible leading diagonal complete with minor wave ii unfolding as a zigzag with wave C yet to happen. Hence expecting more down side to 6880-6760 as key support. Bullish so long as price holds above 6526