$DXY looking super toppy and rejected off the uptrend line that used to be support throughout 2022, now it's resistance. This looks primed to drop so stocks and crypto can go up and the bull market can continue.
$BABA IH&S, neckline at $120, possible initial rejection (sell in may & go away) then hit $180 breakout target by fall. I took the fractal from the left shoulder and flipped it. I've been doing tons of IH&S patterns, but missed this one, shoutout @JaviCharts on Twitter for pointing this out! We both posted this at the low of the right shoulder at $80 about a week...
$SHOP has a beautiful IH&S pattern on the chart right now. Neckline at $45, which were currently consolidating right below. The low was $23, so the measured move would be to the $65 area. Possible breakout soon.
$AMAT has a beautiful IH&S on the chart right now. Neckline at $110, which were currently building support above. The low was $70, so the measured move would be to the $140/$150 area. has been consolidating sideways for a while lagging behind other chips like $NVDA & $AMD, expect it to catch up soon..
$COIN building support at the .236 and looks like it's headed to the golden pocket ($116 - $158 level). I'm super long and $110 - $120 seems like a good area to start taking profits, it's the bottom of the golden pocket and also the August 2022 high. Many will doubt this move, but imagine how $COIN reacts to BTC hitting mid 30k - 40k by May. Yeah, this thing is...
According to this pattern, the uptrend has already begun and will continue until the end of the 2023/2024 solar cycle (Fall 2024) with a very likely possible extension into Spring 2025 and maybe as late as Fall 2025. Solar cycles coincide with major bull markets, while lunar cycles contain bear markets. The green vertical lines are the solar eclipses and the red...
$ATOM has been holding it's uptrend very well since it's summer 2022 bottom.. Looks super bullish IMO and will remain so as long as higher lows continue like they have. Not much else to say, the chart speaks for itself.
$LINK is in prime a accumulation zone while it's ranging at lows under the .236 and getting boring. Looks very constructive for buys $10 and below.
$BTC has bottomed and we are back in the bull market. It normally breaches previous market highs 700-800 days after the bottom. I believe $BTC will breach 100,000 by spring/summer 2025. We are also in a solar cycle now, check my other posts for more info.. But, bears will be defeated soon.
$BTC and other cryptos, even stocks, follow the moon phases pretty well. New moons tend to mark tops (+ or - 5 days), and full moons tend to mark bottoms (+ or - 5 days). Below are my $BTC predictions leading up to the April 20th Solar Eclipse. Solar eclipses tend to be bullish events. Full moon low 02/05 - 19 - 22k New moon high 02/20 - 24 - 26k Full moon low...
$XRP looks like a massive W. the golden pocket seems inevitable over the next few months (.75 - .95). let’s first break the neckline at the .50-.55 level and .60 resistance with weekly closes. I believe we will head up to the golden pocket in this Wyckoff "automatic rally" and then correct a decent amount, but still maintain higher lows (welcome back to the bull...
$XRP has been breaking key downtrend lines from 2021 high recently. Should break them all in March/April once were in the .50 - .60 range.. Then we go to .75 - $1 or so by May. NFA!!!!
$NVDA has a clear inverse head and shoulders pattern on the chart. The neckline at $190 - $197 has already broke.. $260-$290 is my price target by May. $SPY has the same IH&S pattern as well as many other charts, but $NVDA ’s looks the best IMO..
$SPY and other stocks currently have a possible Inverse Head & Shoulders pattern that is playing out right now. I expect to see $450 - $480 by May. We need to break $420 neckline and hold for a weekly close to confirm this.
$ETH bounced off of long term logarithmic trendline back in November.. I highly doubt we see a new low for $ETH. A double bottom is the worst case scenario IMO. But, I personally think crypto has bottomed based on the previous $BTC 4 year halving cycles.
$BTC and other cryptos, even stocks, follow the moon phases pretty well. New moons tend to mark tops (+ or - 5 days), and full moons tend to mark bottoms (+ or - 5 days). Below are my predictions leading up to the April 20th Solar Eclipse (bullish). Solar eclipses tend to be bullish. full moon low 02/05 - 19 - 22k new moon high 02/20 - 24 - 26k full moon low...
$XRP has held this trendline since March 2020. Key levels that hit and bounced perfectly are around .10 (covid crash), .17 (lawsuit crash), and .28 (June low).. in an uptrend overall and has held this trendline on any market weakness. For example, the crypto market was weak early November and it wicked to the trendline perfect and gravitated up from it.. (Nov. 9th...