dRends35

dRends35 Updated 

After a nice bottom catch at the 1.618 (see linked thread) BTC has pumped hard. And now it appears that a contraction triangle is printing. Might wobble around - I am not saying it has to pump at the apex; the corrective price action could extend But it looks likely to breakout into the next wave up soon en route to an eventual $174K 🧐. Not advice

dRends35 Updated 

WIF dogwifhat appears to be one of the strongest coins in this area. And a loosely defined contraction pattern is printing. So considering that the market dump is probably behind us; I have bought Spot and a x6 leveraged trade. x6 will liquidate 5.5% below the market dump low @$2.192. Considering how bullish Bitcoin has become, I dont think it gets...

dRends35 Updated 

BTC Is calm but I think we may see a dump. This slightly higher high could have been fine if it had quickly continued on up. But now it is starting to slip down, it looks like it may be a Distribution with higher high being UpThrust UT. There is a little danger here. Where it looked so strong, it has only reached the higher time frame retracement 0.786...

dRends35

USOIL Slumped with PCE inflation data today. Now down below 2018 support again. Notice the highlighted bullish RSI divergence. And now the RSI is currently quite raised. This can mean 1 of 2 things: 1) The slump is an Exhaustion Climax with momentum shifting to the upside. 2) The bullish divergence was exhausted in the bounce and now this is a new wave...

dRends35 Updated 

Lets be real here, most BTC miners look in bad shape and this is a dicey market. Top tier miner MARA you might think is warming up, but I say it is having a dead cat bounce. So perhaps a change of guard is happening and market favour has shifted in favour of IREN. IREN is the clear winner in this area and the only clean chart. Higher time frame contraction...

dRends35 Updated 

GOLD Ok, I've had a bit of a change of heart with GOLD. In highest time frame I think very much that the trend is up. But I think there may be a bit of a trap here. Similar to Bitcoin, I don't like slightly higher highs because it can be Wyckoff Distribution. And we've now had 2 in this area. I'll go into more detail on this in the next video. But I think...

dRends35 Updated 

Before posting this I did check through the first page of most recent and most popular threads on MARA and it was very interesting to see that every one of them is "LONG" MARA. So this is a contrarian thread. And why is that? Well aside from the skill it takes to make a correct bearish call mid bull market; MARA is a fanboy hype stock. Most of the posts are...

dRends35 Updated 

Bitcoin is moving on up after a fast whipsawing shakeout bounce. This is a typical liquidity snatch of the market makers and now that it has happened, there is more strength in the area. Notice how it devastating it looks here! And it was bought back up in a hurry; right at the 0.618. As I'm writing this it correcting back down but this area should now...

dRends35 Updated 

I've been quiet on this one but LCID is an EV stock that can really pump hard when it gets going. Its been a devastating bear market. So many traders will have become rekt through trying their luck with this name. But devastating downside can lead to incredible pump action to the upside. And now it is breaking out fast Already up 25% today and could be more!...

dRends35 Updated 

LDO Leveraged setup here. I dont think LDO will fall below the green dump candle and things are looking very bullish so I have used the leverage as my stop loss. A x10 leverage trade here will liquidate @ $1.781. Don't take this trade if you can't cope with getting liquidated. But I think it has a good chance to work. And if it does work the gainz will be ...

dRends35

dogwifhat is fully breaking out from a tight contraction pattern. This coin is one of the strongest meme coins. It had a long and very deep 70% correction. The sky is the limit for this dog. Not advice.

dRends35

FLOKI Cheeky dump from the Creek channel as per Schematic 1 Wyckoff Accumulation. And now it is lift off ❗️ It looks like meme coins are going to have some roaring pump action in the next phase. This is still a decent momentum buy here I think. Will likely go up and up from here👍. Not advice

dRends35

BTC Taking off today. Bottomed at the 1:0.618 Now this area looks like a 3 wave correction where the third wave is a cause building and shallow Creek channel. If you bought the altcoin dips in this area then you're doing great ❗️ Could really get impulsive from here. But first it needs to clear the previous high 😃. Not advice

dRends35 Updated 

Had a small pump from the lows and now appears to be breaking out from a 3 wave correction and this could be the start of the next wave up. The 3rd wave is a contraction pattern also with contracting oscillation. I think this may be a clue that quite a pump could be in the pipeline. On weekly chart as we looked at before SHIB appears to be in a long...

dRends35 Updated 

RIOT Ok so if Bitcoin is turning bullish or even having a big bounce; then I think RIOT may break out soon. I've been somewhat bearish on some of these miners for lack of performance, but RIOT was entirely unaffected by the Bitcoin dump and that is a sign of strength. I think this contraction pattern may be building cause and perhaps a wild next wave up is...

dRends35

GOLD is looking really strong through this uptrend. And so it looks like a 3 wave correction completed. And this is the next wave up. RSI turned upward in the same area as the previous correction. And there is still plenty of room above; signalling that this trend can have some legs to run on from here I am very bullish on GOLD and think this is a multi year...

dRends35

PYR Rank 376 If the market has moved through a high time pivot then everything will start moving up. PYR; another game coin has looked extremely dangerous and has tumbled down the ranks through a very bearish phase all the way back to all-time-low. But notice the lower wicked bottom is captured perfectly by the 2.272 Golden Window. I think that the coins...

dRends35

XLM A similar coin somewhat to XRP is also having a strong bounce today; up 14%. Although it initially moved well out of the bear market within the pitchfork, XLM has looked quite weak since last summer. And so rather than a bull market, this entire area looks like a potential accumulation. If Bitcoin is bottoming then it could well be that the bottom for XLM...