hardforky

hardforky Updated 

I'm considering a new scenario following the breakdown of price below supportive structure. It's a scenario pattern that's undoubtedly familiar - everyone's favorite, the Wyckoff distribution trend. Several elements support this structure are worth noting: - The distribution phase is occurring just above the previous all-time high (ATH). - This potential top is...

hardforky Updated 

I've followed the price of NCT since its launch. Big potential one day but for now it needs to see out the end of this dip. I expect it to find a bottom around 0.024 later this weekend. Best, Hard Forky

hardforky Updated 

Two years after my last big short on SPX, the price has once again reached the top of the ascending channel. Based on this scenario , the expectation is that SPX will peak within the next two months , around early May 2024. Initial target 4,800, stretch 4,400 Incidentally, Bitcoin appears poised to surpass its 2021 all-time high, during which Bitcoin peaked...

hardforky Updated 

1.67 Long Target hit. Based on LQTY and general market structure I'm expecting major drop in price to new lows over the next month before a new long entry around $0.5. LQTY is a risky asset so no guarentees it doesn't try for higher. A $1.95 high might form a H&S over the coming weeks with a target of $0.5 based on current structure so it might be...

hardforky Updated 

Bitcoin is potentially forming an Adam and Eve structure. In this scenario, the Adam phase may retest $62k before a move to $70,800. The Eve phase typically forms over an extended period with less volatility for Bitcoin but potentially a bearish period for altcoins. This is just a potential scenario at this stage. Best Hard Forky

hardforky Updated 

WRX offers a clear market structure. Following the sell-off at the recent top WRX has broken the descending wedge. Targets are 0.32 with stretch to 0.34. 0.3 might act as initial resistance. Support at 0.258 Best, HF Bottom to top analysis can be found in my previous WRX idea.

hardforky Updated 

Structure on Pepe is pretty stright forward so long entry on Pepe was too tempting to pass up on retest at '668. - Long Target is '906 but expecting an extension through to '1148. ...before shorts to legacy H&S target of '446. Best, Hard Forky

hardforky Updated 

CFX bottomed out following the Q1 2023 H&S. Possible path to 0.77 if market rises and 0.18 breaks Best, Hard Forky

hardforky Updated 

WRX has reached the target price based on 2021 top formation. This is evident in other ALTs Unclear on timing of price target, inital is 0.5 perhaps later this year. Best, Hard Forky

hardforky Updated 

Bitcoin has reached the extended long target. This is a contrarian position to most, but I'm expecting a breakdown towards the lower range. Momentum is with the bulls, so there's potential for BTC to form a double top at higher prices. I'll ladder in on the breakdown to lower $40k's, with a stretch to the mid GETTEX:25K range. Best, Hard Forky

hardforky Updated 

Atom reaches initial $8 resistance. $14 target remains - target based on falling wedge Best, Hard Forky

hardforky Updated 

Bitcoin has reached the top of my 2021 Ascending Macro Channel. - Dow Theory currently says Bitcoin will get dragged down with the wider equity markets if they drop below October lows. - Momentum suggests BTC can break higher towards $50k Leaning towards the downside. Best, Hard Forky

hardforky Updated 

Tough experience for holdrs but if $4 mark breaks there is a risk / opportunity a sub $1. 0.55 to 0.77 It has been a long time since I had to switch to Log to analyse the market. Best, Hard Forky Back in 2020/21

hardforky Updated 

Expecting DJI to drop quite dramatically. $32,500 target B, HF

hardforky Updated 

4 yr old strucutre chart on ZIL. Local timeframe not looking great for longs. Price sitting on weakening suport and floating mid-range in this downward channel. It might have a chance at $45 which would present a reasonable short opportunity with a decline bottom target of 0.16 however ZILBTC looks like we might see a dip sooner rather than later. B, HF

hardforky Updated 

As with other ALTs, market looks like it has reached a saturation point following the decline from 2021 Market highs. Expecting Dogecoin to challenge the 200WMA both on DOGEUSD & DOGEBTC. Possible ALT Season ahead. Doge might prove to be a leading ALT. Best, Hard Forky 2021 Top signal

hardforky Updated 

Expecting a pull back on this initial touch of 105.8 Ideal scenario is that DXY breaks 106 late in the year to peak around $110. This would support alternative market scenarios. B, HF

hardforky Updated 

Bullish markets and DJI at final gate for longside growth but I'm expecting a sharp retreat to 34,000 then downturn over summer from here. B, HF