z3bracoRn

z3bracoRn

altcoins really trying to make a break out here, been holding support and needs to make a decision this month. break support or falling wedge

z3bracoRn

im really digging this support line, though i think trias would be a fantastic buy $2 - $2.50 area. still not pulling the trigger to buy more yet. couple more weeks or less it should start to move up or down.

z3bracoRn

i think crypto as a whole still has atleast one more good dump yet, ltc is currently on main trend line and happens to be head and shoulders as well. if ltc can't hold the ~$50 horizontal support good entries will be $30-$40 range maybe even lower. i do expect to go lower short term but not guaranteed. be really good dca on ltc in this range though.

z3bracoRn

i think trias will be a good buy/dca at mid $2 range. looking for a double bottom/reversal pattern though around the low $2 range. price has to first break some of the daily 200 moving averages. as of right now we are testing the h/s neckline with a target and golden pocket around $2.

z3bracoRn

as btc dominance comes into some resistance we could see a little alt season, alt coin market cap is showing the same pattern on the weekly as btc did. big falling wedge with a inverse head and shoulders. we definitely need to hold the 200 week moving average (red line) as long as we can hold 200 wma we are in decent shape for now. the neckline will act as some...

z3bracoRn

polkadot and some of the projects i think have the biggest potential next run that being said, polkadot broke out of the falling wedge ( weekly) beginning of this year, some strong resistance around the $7 mark with diagonal resistance (Dotted line) and horizontal resistance (stronger red) meeting around $7 mark. $4 is main support, buying below $7 is a great...

z3bracoRn

could be a good spot to sell some trias, as we see a ascending wedge with declining volume. personally going to hopefully start accumulating again $4 and lower.

z3bracoRn

dydx is forming a bull pennant, t/a definitely is a hit and miss right now cause it'll all come down to cpi and fed in march. if cpi is terrible and data comes in hot this probably will not play out. but if data looks decent and shows deflation then this is very possible as btc could see 28k area.

z3bracoRn

dot is forming a head and shoulders on the daily, as the alt cap begins to look week and btc to be rejected at 25k. i expect dot to go under $6. but also look for support around the $6 area. rsi continues to weaken which is another sign

z3bracoRn

s&p has set up an inverse head and shoulders like i previous stated, we have broke the downtrend closing a weekly candle. still be very weary cause some news can come out and send this back down. but for now enjoy the pump and probably expect a retest in the coming weeks. fed is being a little more bullish then normal.

z3bracoRn

and we have finally made it to the optimal buy zone. we could always go lower but this chart is looking beautiful at the end of the massive falling wedge as well. this is a weekly chart so could take months for something to happen.

z3bracoRn

spx has bounced off weekly 200ma awhile ago, and we also got rejected on the downward trend line many times. eventaully the down trend line will meet the 200 wma and will have to make a decision to break down trend line or break 200wma. i could see another bounce off 200 wma creating an inverse h/s, which its neckline also comes into confluence with trend line....

z3bracoRn

this is my long term dot strat, this is a weekly tf so this could take a very long time to play out. but dot and its eco system is so oversold and looking like some really good buys now in the the short term. been in a falling wedge for quite some time now. im a buyer anywhere from $4 to $5. not financial advice im willing to accumulate dot all next year if...

z3bracoRn

will eth be stuck in this range or ascending triangle the rest of year?

z3bracoRn

cake is bullish. we have broke through 200 daily moving average and retested it. if we break back below 200 dma i will sell. and with cake having a limited supply this is a no brainer. not financial advice.

z3bracoRn

i have 2 scenarios for btc. 1. this bear flag plays out and we drop to the 14k ish level. 2. this support holds and we trend up to 22k ish level and retest. also take note this is a weekly time frame this could unfold over months. also take note we have a hidden bullish divergence. also holding support very well and on top of that could also be seeing a...

z3bracoRn

alts are currently dumping, we can see the 200 wma lines up with some support for alt coin market cap, given the the next few months are historically bullish and we are still before midterms i don't expect this to break yet. could see a double bottom or bullish divergence over next few weeks/ months. but if money starts flowing into just bitcoin as it should this...

z3bracoRn

s&p seems to be forming a inverse h/s (looks better on 3d timeframe) but as seen here on this daily tf, the dotted line which is a good downtrend lines up in confluence of 200 dma perfectly. if we can break this downtrend we may see a decent move to the upside for stocks and crypto. we got rejected once off the 200 dma already. keep an eye out. the 200 ma on the...