Seems to me BTC has done a total of 5 major wave patterns with its recent ATH of 69k being on the last wave projection (5th wave to complete). Whether it bounces from 37k to recent highs (50-67k) or enter bear market for support at 28k area.
testing out my knowledge with the Gann box, on APE coin pivots axis L to R: .618 to 0.75 pivot axis Bottom to Top: .618 to 0.75 confirmation: breaking vertical resistance (L to R) : 0.75 Target: $15
just started learning Gann lines, pretty interesting concept lets what will happen... the theory behind it, is quite solid, astrology and geometry + math/numbers go hand in hand, numbers repeat as well as history.
BTC looks like its keeping on track, and bulls not allowing price to fall below 44k, broke above 200ema and re claimed on the 1-hr and 1-Day charts.... Big move coming, lets see what happens. stay muned. :p
flag on the 1hr could easily break upwards and test recent high of 0.05 nice little coin here, price action is clean.
Potentially seeing a falling wedge crossing over supply zone @ 38k following from a inverse head and shoulders breaking through 42.9k and falling into the wedge for another break out towards 45k at top of wedge. 1min (falling wedge) / 15min (Head and Shoulders) not to add, been making H/L's ever since we wicked 35k of course crypto is manipulated so this chart...
Long term up trend was broken @ 24,295 Grabbed support @ 29.2k then bounced to ATH's Sort of looks like a double bottom currently on this new trend line that was once resistance and broken @ 19.7k. Double bottom (Eve & Adam which is a higher low DB) isn't yet confirmed, will need to close green above 45.8k on the weekly. If confirmed the completed db pattern will...
AMC is setting up for a bull flag + triangle breakout 17%+ move
sniped an entry on the 1 hour and daily chart, EMA's in a squeeze on the 1hr, geting ready for a rip !
Recent idea, there was another double bottom forming, made a mistake identifying the neck line break out which did'nt confirm the double bottom because the price did'nt reach the neck line on close, which made the price drop into a wedge, and now what it seems it looks like its now forming a another double bottom which i believe 100% will confirm and complete...
if btc stays bullish to push ALTs up, this will perform with another major pump (pretty amazing), using its 90k+ Billion market cap
Shib coin, forming a triple bottom, after making a nice pump, following with a falling wedge, then a triple bottom to finish the break out.
*Could dip down more to support @ 3.279 but as of today, its wicking support and respecting it with a bullish hammer *Could come back into symm triangle, and go for its 2nd test at the top of the triangle. (3rd or more tries, it should break)
Update on daily chart *Famous Node Wedge break out *STL broken downwards, we could back test support @ 1.070 and bounce right off the wedge and hit 1.58 area (bottom of the symm triangle) *Oct 3, 2021 could be an area for recovery
re charted USDT.D on the (weekly) based on its recent pump, doesn't look good for BTC in the upcoming weeks, but anything is possible, tread lightly with longs on BTC/ALTS but USDT.D is bullish on the weekly as of right now. *Could be heading back to $4.69 or $4.83 *every $0.33 USDT.D goes up or down, that's roughly $5,000 gain/loss for BTC *USDT.D goes up BTC...
will this ever happen ? who knows, guess we'll have to see in due time. :)
could go either way, but looks bullish to me (bad for BTC) its been respecting that up channel since sept 6th after a falling wedge break out getting close to the tip of a symm triangle, near the bottom area of the up channel consolidating in a rectangle channel (a bullish pattern) but doesn't look that strong, as it had already dipped out of it, and back...
Interesting what this could do, as you all know, BTC movement is the opposite of USDT.D Another dump happening for BTC? who knows...we'll see