RizeSenpai

RizeSenpai

ETH for the last 5 years has been developing a Double Topping pattern which has put in a series of lower highs during the most recent 2nd run up. As we've confirmed these lower highs we've broken down below trendline and found resistance at the trendline which happens to have confluence with the PCZ of a Bearish 5-0 wave formation. As we begin to find weakness...

RizeSenpai Updated 

XRP since it was listed on Poloniex back in 2014 seems to have mirrored the overall price action of BTC over the years but at a much slower pace. It would appear that BTC makes the move first then XRP takes about 65% longer to make a move of equal significance. We can see that BTC had a Major Pump in 2013 and that from there it traded within a range until 2017...

RizeSenpai Updated 

Bitcoin appears to be set up at the 1.902 HOP for a Type 2 retest of the Logscale Bearish Butterfly that resulted in a major Type 1 reaction from the 1.618 Fibonacci Extension back in 2021, where it dropped from $69,000 to $15,500 over the course of several months before ultimately bottoming at the PCZ of a smaller Log Scale Bullish Butterfly which signaled the...

RizeSenpai

JASMY is currently breaking free from what appears to be a tight Bull Flag that it's formed at the locals highs. A move above the consolidation zone could take JASMY to extremely higher highs as beyond 4.9 cents lies no resistance at all and only a history of moving straight up and down which can be seen on the older spot chart of this coin. With that in mind,...

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MAGAPEPEUSDT has broken free from a Descending Trendline now starting what could be a Bullish Dragon, this breakout has only come after what has been a successful bounce off of the confluence zone between the Linear 1.272 and Log Scale 2.618 Extensions which happen to align with the HOP level of a Bullish Gartley. If this turns out to be the Bottom we could get...

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It is sort of starting to look like Bitcoin will soon start to move inverse to the SPX and become more positively correlated with a Defensive Asset or Inflation Hedge which would mean we could see BTC more than double in value against the SPX as the BTCUSD pair starts to trade similarly to Cocoa or OJ futures once it breaks out above the resistance.

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The RSI on the daily has begun to rollover as the SPX appears to have rejected off of the Bearish Alternate Bat HOP level. There does not appear to be much nearby support within the range the SPX is currently trading in so if it gets back below the previous All-Time High I could see it coming back down to around $5100 maybe even $5000 - $4800. This all seems to be...

RizeSenpai Updated 

The yields within the bond market are hinting towards a reversal in Gold and potentially other metals today, however, Gold right now is sitting at the HOP level of a Bearish Alt-Bat. If GLD were to reverse here, we would see it as a type 2 return which could result in Bearish price-Action beyond just the intra week but extended to the entire macro trend as a...

RizeSenpai Updated 

Coinbase recently relisted XRP and with that, a trading gap appeared, but interestingly enough, if you look at just the price action that US traders participated in via Coinbase, you will find that XRP has indeed completed an AB=CD move. On the other hand, the original target was 2 dollars when looking at the price action globally, but I think the US trade data...

RizeSenpai Updated 

We have a 3 Rising Valleys Pattern that has recently formed on the weekly timeframe, and we recently had a confirmed weekly Bullish Engulfing; if XRP manages to get back above 51 cents from here then it will likely begin to move fast towards it's last swing high of $1.96 but at the same time this is XRP we're talking about so it could go much higher because it is...

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XMR, despite the spot pairing having been delisted on Binance a few months ago, has survived and held above the PCZ that was of very much importance to the historic price action. During the delisting XMR had sold off back down to the PCZ in record volumes on the exchange, however, in spite of record selling the support still held, since then, the price has...

RizeSenpai Updated 

Platinum is sitting at a Support Zone which aligns with the PCZ of a Bullish Cypher with RSI and MACD Bullish Divergence all on the Daily Timeframe and looks to be setting up to begin a retrace towards the resistances marked above.

RizeSenpai Updated 

XSWAP very recently listed and there's not much yet known about the coin, however, the combination of the lower timeframe price action surrounding the macro 0.618 Fibonacci Retrace and the current trend of decreasing supply on this coin has caught my attention and therefore I see it worth playing to see if we can get some major Bullish Continuation Candles in the...

RizeSenpai Updated 

Bitcoin after bouncing from a Bullish Cypher PCZ and Breaking out of a Falling Wedge has back tested the wedge as support and has closed bullishly above the backtest and now we have a confirmed Break-Hook-and-Go on the monthly timeframe as well as Hidden Bullish Divergence on the MACD. If this is truly the bottom then I would think Bitcoin is likely to complete an...

RizeSenpai Updated 

This is a little bit of an update and reminder that GME is still holding above the 0.886 retrace and the 200-month Simple Moving Average with Hidden Bullish Divergence within a Falling Wedge. We've held this level for months and it still appears that it can Bullishly Breakout of the wedge at any time, which should lead to some extreme upside between $60, all the...

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Late last year the Spread of the US/JP Carry Trade hit the PCZ of a Bearish Shark resulting in it pulling back to the 50% Retrace, this came ahead of Bearish Action in the stock market and strength in the JPY. However, the bounce at the 50% retrace indicates that it could turn into a Bullish 5-0 which would result in higher highs. In addition to that, the leverage...

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XLM is trading just below the all-time Linear-Scale 0.886 Fibonacci Retrace after Bullishly breaking out of a Falling Wedge in what seems to be a part of a much bigger Cup with Handle pattern that can be seen in the Log Scale chart. If the Full Logarithmic Target is reached we will see XLM make a move towards $23.35 in the near future which aligns with both the...

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BONK2SOL is currently trading above the log scale high to low 0.236 and the linear scale 0.618 Fibonacci Zones which happen to be confluent with one another, in addition to that the 21-Day SMA has come in at these zones and also seems to be adding a bit of support here. If BONK2SOL can hold these levels, I'd picture it as some sorta Bullish Consolidation that...