$sol also failing at resistance. has outperformed, similar to $avax. expecting a bounce around the aqua box, then potentially exiting this range completely.
typically don't draw out the triangles, but this one's so pretty. one of many pairs that looks topped. btc, as always, will hold up better than alts during this move down.
dxy attempting to confirm a weekly bear div. needs a candle close below $104.50 to confirm. if we can confirm, would be great confluence for macro swing longs across markets.
struggling at resistance. adding confluence to other short ideas that this local move is tired. leaning towards $6.26 or so which would tap our blue support box. another coin with a valid 4h bear div.
similar idea to the eth short. wave 3 looks complete, with valid bear divs on rsi. looking for ~20% pull back to $20 or so before a big push up to $28-30.
still leaning towards a pull back to around 1250 or so. valid divs on both rsi and AO. major strength from bulls over the last week, which is great to see for further htf momentum. but this move looks tired. would flip long around 1250, looking for the potential push upu to 1.8-2k.
significant btc bear div working on confirmation. invalidated if rsi breaks above previous high. would confirm with i candle closee below $22,675. if you want to be risky, you can go ahead and short prior to confirmation. safer play is to wait for the low candle close.
bear usdt (3x bitcoin short) tapped our trend line support. expecting a wick up here. this adds to btc ltf top confluence, if confirmed.
updating my btc thoughts a bit here. based on current count, i'm leaning more so towards an ending diagonal wave 5 too finish this off. would mean we likely won't get the 20 kek retest i was originally hoping for. probably closer to 21.5 or so for w4. then ending diagonal overextended blow off topo w5 to get us up towards that 28-29k zone.
think 99% of ct is a bit offsides here as they jumped in late to longs. we're right at 12h cloud resistance and are just entering the cloud on the daily (leaning rejection there as well). still think this is promising for further upside over the next couple of weeks, but think most are locally late and should get wiped out.
two hours to fully retrace this daily, fam. put out that dirty dirty.
posted this on twitter probably about an hour ago. been building an red coin short since last night and into this morning. likely going to get a retest. will add more there. could drop further than marked, but will take some off the short around that zone.
broke through and retested each level we had marked. green box is an absolute must hold. cpi coming out tomorrow. fake leak showed 10.2%. the tin hat in me wants to think it was strategically planted to make the real print, which will likely be higher than anything previous, not seem 'as bad.' all is fine as long as we don't lose the green box low....
two areas i'm looking at if this fails here on ltf. not really a double top. more of a wave b. looking for potential wave c overnight before continuation to the upside.
think we melt upwards. minimum target pattern of around 4037, but i think this pushes to at least 4100. if we can flip the green box. swing bottom is likely in.
y'all can have all the $sol you want. $avax does not care. both are great set ups, but gimme the red coin all day.
closed out of previous long right here and flipped short. need to break this level and hold to confirm. looking weak as of now.
$eth vs btc also looks primed locally. slow play with the weekend, but should keep running and retest that resistance zone around .057.