dudebruhwhoa

dudebruhwhoa

Promising company, promising tech. Looks like it already bottomed, if not in the process of bottoming. CEO came from NASA Ames research lab, invented micro-satellites. Found much cheaper ways to produce them, put a large (if not the largest) array of them into low earth orbit and are taking daily high resolution photos of the entire planet + AI tools to analyze...

dudebruhwhoa

Just a simple symmetrical triangle pattern with initial measured targets for either scenario: Breakout - targets just below 85k Breakdown - targets just below 40k Good luck!

dudebruhwhoa Updated 

Simple weekly chart depicting buy zone around bottom of a parallel downtrend, contingent upon Bitcoin and its greater market holding up

dudebruhwhoa

Litecoin continues to hold this long-term diagonal support, having only once wicked below it during the March 2020 black swan. During the last two months of June and into July, it re-tested that diagonal and got quickly bought up. Chances look good that it goes for another test of the horizontal resistance around 408 dollars, or at least most of the way...

dudebruhwhoa

Looks like we're repeating the same pattern that we did before the last leg up that moved from 4 cents to 10. May not actually play out exactly the same, so timing a move up to Sept or November isn't necessarily what will occur. That said, if this idea is correct - we've already gotten the LL and a re-test of the previous HL. So, when we finally break out and...

dudebruhwhoa

CRV has a clear falling wedge on the weekly chart (this is the linear price chart not logarithmic). Measured breakout targets line up with at TP 1 at the bottom of weekly resistance and a TP 2 that is slightly above the wick high top of weekly resistance. Best of luck!

dudebruhwhoa Updated 

Very simple theory. 53.2k has been an area of contention for Bitcoin. Hold above it to remain bullish, lose it to continue down. It became bearish when it lost 53.2k back in November of 2021. Just prior to that it tested that level after dropping from its April 2021 ATH, dipped, and then broke above it to make Nov 2021's ATH. Back in February of this year...

dudebruhwhoa Updated 

Lose 56.5 by tomorrow's close (3 daily chart), or the weekly close, and we could target at least 45k and possible weekly support (green box starting at ~44k), or even a dip below weekly support to just below ~40k. Good luck, this idea is invalidated if we bounce off of 56.5k or higher and move back above 67.2k

dudebruhwhoa

Bull Targets: - TP 1 87.8k - TP 2 97.3k Pre-reqs: Getting back above 67k and then breaking 71.7k and holding above Bear Targets: - 49.1k - 44.4k Pre-reqs: Lose 60k Good luck!

dudebruhwhoa

Alternative idea for Bitcoin Dominance. Small rising wedge breakdown on the weekly that began forming at the start of a Golden Cross of the weekly 20/100 and 50/200 MAs (and EMAs, not pictured) Often after golden crosses, before the real bull run there is a strong re-test. A re-test of the 100 and 200 weekly MA over the next month or so would target the exact...

dudebruhwhoa

3-daily chart for BTC.D Targets: Possible drop to support support initially. Then TP 1 around 47 TP 2 ~43-44%. Prereqs: Remain below the wedge and lose 54% and then the 200 day EMA/MA just under it. Some confluence: My hand-drawn rising wedge on the log chart above has a measured TP 2 that lines up almost perfectly with the linear chart's "Rising...

dudebruhwhoa Updated 

If 67k is lost and not reclaimed, Bitcoin may target a drop down to ~63k and then 60-61k (around 60.6k). This relates to a couple of other charts previously posted: A smaller double-top on the 4 hour chart that is already confirmed and hit TP 1, which is likely headed towards TP 2: A daily chart that is targeting 73-75k if it can hold 60k:

dudebruhwhoa

Invert the weekly YFI (Yearn Finance) chart and you'll start to see an Adam/Eve double-bottom that has dragged out following a breakout and multiple re-tests of its neckline. It has only ever reached halfway towards TP 1. Hold "above" 10.7k and get "above" ~4.4k to move towards targets: TP 1 - ~1750 TP 2 - ~705

dudebruhwhoa

Here's an idea I haven't seen proposed. What if we're repeating the same pattern we saw between approx 40-50k, on a higher timeframe and between 50-85k. Just like the blue pattern before it, it starts with a new high being made, then a low well above old highs, then a lower high followed by a higher low, then a higher high followed by a 2nd higher low (slightly...

dudebruhwhoa Updated 

Might be a drop here down towards the 200 day EMA/MA and the bottom of this bull flag or falling wedge on the daily. This could provide some reliefs to #alts vs. BTC while Bitcoin corrects down to 60-63k area Short-term short until 53-54% area, then long again, may range within the wedge for a while, too.

dudebruhwhoa

Ethereum dominance has a potential golden cross of its 50/200 day EMAs and MAs in progress as it tests the top of both along the neckline of a W pattern. The question is how high it'll actually go. For Ethereum to become really bullish again vs. BTC, BINANCE:ETHBTC needs to reclaim the 7.2 year uptrend it lost back in March:

dudebruhwhoa Updated 

Dollar index weekly chart still looks incredibly bullish long-term. First, we have a basic falling wedge pattern with targets at 1x and 1.5x measured moves up from the breakout of its wedge. As confluence, I've drawn an trend-based fib extension from the Sept 2022 High -> July 2023 low -> October 2023's high from the wedge break (inverted). Items of Note: ...

dudebruhwhoa Updated 

4 hour chart comparison, negative correlation between Bitcoin and the Dollar Index. I'm still bullish on BTC up to 73k, but I think we'll at least see 67.5k with the way these two are moving, possibly a pullback below 67k to around 60-65.