dRends35

dRends35 Updated 

As per request SOL is approaching the capitulation spring-board here and I think price may bounce around $5. Short at current price to $6 area to avoid support bounce. Invalidation above previous top. Not advice. Let me know if there is a coin you want charted

dRends35 Updated 

Title says it all.

dRends35 Updated 

Bitcoin looks to be forming a wick through the 0.5 fib on the weekly candle - taken from the significant local high to low. These algos seem to be very orgnaised within the various timeframes and the close is often a juncture for reversal. Very probable this bounce is done in the 0.5 fib area and price will be back to dribbling downward next week. Not advice.

dRends35 Updated 

Lets have a look at the bullish case. This chart has an ellott wave count where ATH is a wave 3 with a penultimate wave 5 top reaching $594K. There are a sea of moon-boy charts out there. But did you ever see a moon-boy chart like this? See you at $10K.

dRends35 Updated 

ADA may have a nasty fall after it completes this price narrowing domed top - there's nothing but empty space beneath. Probable a heavy capitulation may come. Price wicked into 200ma and later broken through - all looks very regressive. The air is leaving the balloon. Death Cross arriving soon. Short in this area $1.21 up to $1.34. TP1 $0.7 area above next...

dRends35 Updated 

Nice little trade could be arriving - Last bounce THETA hit fib 0.618 and if the trend is regressing (it is) then the next bounce should not exceed the previous - so based on that it is unlikely price will see 0.786 if this is a simple dead cat bounce. We can see that price has twice broken through the support line, so good chance price will breakdown from this...

dRends35 Updated 

ETH has had a another regressive bounce here and looks to be set to reverse to the downside. Notice the arrows pointing to previous star and hammer that punctuate reversals, here it looks like this will be another star wicking into the 200ma resistance for a reversal. Price could recover and perhaps tag the 0.618 but if a star is printed at the close then good...

dRends35

As per request HOT - Seen on HTF to filter out noise. Apart from some minor meandering this is essentially an empty chart with a large impulse. It should easily get back to 0.618 $0.001 at which point it can go on the watchlist. Let me know if there is a coin you want charted

dRends35

As per request There is no place quite like crypto for chart relationships. DASH - an older breed "legacy coin" has a chart similar to Bitcoin and of other older coins in the topping formation and subsequent crash. Price has had a very shallow regressive post crash bounce and not done much since then. Death cross passed.

dRends35 Updated 

Did anyone see that massive bounce today I did to = *** BTC 250K tomorrow morning 300K EOY!!!*** Everyone is literally going nuts - BTC up 10% in just a day. Surely thats impossible without BTC 250K tomorrow morning!!! Fib on the chart should be ignored. 250K!!! Not advice.

dRends35 Updated 

PTRA could potentially be a great buy down the road, but for now its been caught in a steep downtrend - collapsing 30% and leaving investors wondering. Many are piling in thinking this is a steal right here. But is price done? Is the bear market over? RSI showing well overbought. However, price looks like it may be forming a continuation pattern. That recent...

dRends35 Updated 

As per request DOGE is finding the supply trendline to be heavy resistance. I wouldn't be surprised if it continues to hold into the deeper bear market. Wyckoff SOW support area also forms a descending triangle with supply trendline that should as a whole become a continuation pattern to the downside and support will become resistance. Circled areas show...

dRends35 Updated 

As per request FIL has some bullish divergence with price moving sideways out of downtrend. Could have a bounce, but with BTC impotence would not expect a big bounce - maybe tag 0.382 and 200ma before moving back down. Price could also simply continue to move down within the channel, but its looking like a bounce may be on. Price found support for some time on...

dRends35 Updated 

As per request COMP had it last rally late in the day and post crash has meant it suffered a 70% loss in a week. Perhaps COMP will follow a similar price direction to other coins as the bear market continues but such a sudden loss does not do good for confidence and also mean there are more potential bearish fibonacci projections.

dRends35 Updated 

With Bitcoin falling below 30K a moment to reflect as the season of confused / shilled accumulation patterns is surely drawing to a close. Hasn't it been entertaining watching longs bang their drum about accumulations, bounces, supposed whale strategy and of course the new crypto tourette - "fundamentals." And so much talk of longs and shorts, bulls and bears,...

dRends35 Updated 

As per request TFUEL brushing up against 200Dma here. There was a small upthrust from the MA but price continues down. This will likely be an expanded flat ABC correction where the C wave drifts down and down. ***Let me know if there is a coin you want charted***

dRends35 Updated 

Using moving averages instead of price to filter out noise. From this perspective its easy to see - this is all slope. Circled bump does not deviate price direction. Its all regression. I don't see wyckoff accumulation or whale-super-surprise-bounce-to-$45K as plausible. There is nothing to evident that. The only thing coming is another fall. See you at 10K

dRends35 Updated 

Mish-mash of elliott wave and wyckoff in what appears to be a B wave retracement. "Resistance" from previous AR + SOW.