WolvesOkami

WolvesOkami Updated 

doge is consolidating and making short bounces under bearish support and downtrend line with strong ema100 resistance i think doge can reach $0.14 $0.15 max $0.16 before the final drop to $0.04-$0.05, it would be a great buying opportunity soon.

WolvesOkami Updated 

updating my previous charts, if bitcoin wont touch $50k then this is the last relief rally before the real drops begin, base on 3 halving we can see identical patterns were distribution is happen, right now were entering the crucial stage were most of investor and traders will get confuse if this rally is for bull or a short entry, but base on historical of...

WolvesOkami

Bitcoin is rejecting the major resistance around $52k $48k this rejections and sending a strong warning that price could correct somewhere $39k to $34k and a possible bounce on that area before it will test the ultimate support around $30k if this $30k broke down then the bigger Head and Shoulder is valid and the panic selling will occur and send the price to...

WolvesOkami

will leeave this one here and check it back soon, as of now rsi still at bearish nothing change from our recent posts, feds is trying to raise rates to 50bps this april or may i think it will affect the market so bad if that happen and the economy too, most concern the housing bubble again price will drop soon.

WolvesOkami Updated 

just updating some of my previous charts and editing some key point were you can tell if were going to bullmarket or winter is 100% confirm, right now price is heavily consolidating under bigger Head and Shoulder and its abcde pattern bearish flag is still valid, if we want to invalidate everything bitcoin should break $47k-$48k and must stay above $58k but as...

WolvesOkami Updated 

If bitcoin will break the $45k price will set for bulltrap and it will go lower were capitulation happens below $30k the major problem here is when bitcoin breech the $20k then it will send the price around $13k-$17k and it will set the new bottom for next cycle. $100k - $150k+ is possible but maybe on 2024-2025

WolvesOkami

I found FTCI so interesting with Bullish convergence and recent breakout from our EMA100 and EMA50 it means this stocks is ready to breakout soon above $7-$8+ due to market condition and recent drops i believe solar sector can hedge against inflation and recession since this sector is really needed in this kind of economy, one of the main reason i choose this...

WolvesOkami

Current doge price is heading to wave C since the cycle is done when doge reach $0.75 and now on track to reach the bottom, were we can see the price around $0.04 - $0.05 . i know its hard to believe that doge will go back to $0.05 levels again, the chart is saying its clearly going there, we need to accept the reality doge wont make it this year, even hype is...

WolvesOkami Updated 

Retest before drop comes in few days, Neckline has been rejected so many times and soon price will make LH LL and panic selling will trigger.

WolvesOkami

Green Box - Consolidation before peak Red box - From halving to Peak Black Box - From peak top bottom Focus on colored boxes, We can say bitcoin historical pattern is possible this 2022 were bitcoin always consolidate before goes to parabolic moves. elliot wave theory were at the bottom of wave4 and were heading to wave 5 soon, base on bitcoin historical moves...

WolvesOkami

dogecoin whats next now? on our EW counts doge already reach the bottom and we could see new counts and newtrend since bitcoin already starting to bounce strong, lets make this simple dogecoin can still go $1+ and possible $2 but beyond $2 is really a big question due to coin market cap since beyond $2 is really heavy, i think conservative $1+ or $1.50+ is a...

WolvesOkami

Bitcoin must close strong this February so we can see what will happen to March, April and May candles, since technical bounce is 3 straight green solid candle thats why we really need to see a reversal candle this month end if bitcoin will manage close above $39k this feb or $38k+ then we know that were going to bull market again for 2-3months, its really...

WolvesOkami

it seems bitcoin is just accumulating regardless of daily price volatility, long positions is keep increasing and $32k is currently acting as a big support for bitcoin daily range, lets see soon how price will go, right now im looking at bitcoin $50k - $51k as a major resistance, minor resistance is around $40k - $41k if we cross above this levels were going to...

WolvesOkami

were seeing a strong feds dovish approach on interest rates, According to JpMorgan they forecast rates will be dovish this time due to russian and ukraine crisis, they forecast instead of 50 bsais point feds will lower to 25basis point this march 16, 2022, if this happen bitcoin is bullish and it will buy more time to materialize the final leg of this bull run...

WolvesOkami

just updating the current situation how bitcoin reacts from ukraine and russia crisis. the drop cause by panic were some traders and investor just sold some positions to buy some gold/metal/oil/crops/renewable energy because of this crisis, for now its good that bitcoin is up and were watching it very cautiously how bitcoin will hedge on this current situation...

WolvesOkami

i did some slight change on the diagonal and wave counts from previous charts, i made some slight mistakes on plotting, but this chart is more clear. thank you. previous drop is because of russia and ukraine crisis.

WolvesOkami Updated 

Ending Diagonal Wave with Converging Lines its looks like doge ABC weekly correction is done, base on elliot wave were at the ending diagonal wave if this materialize then wave 1 is going to hit soon. on our counts dogecoin should reach $2 or near $2 this 2022, the problem is theirs a strong hawkish feds rates that can change the whole crypto currency...

WolvesOkami

i think were already see how bitcoin reacts on russia and ukraine crisis, everybody question is whats next now? on our technical analysis were seeing a strong bounce from daily candle and a possible doji closing on weekly, it means were at the bounce now for the next few weeks, on our elliot wave correction count were at the wave 2 daily of wave 5...