Bonk & RunHi All,
Decent Hidden Divergence here on the Bonk 5Hr, I waited for Momentum to pick up and have put in for a 25% long scalp.
Looking to TP 60% and hopefully let the rest run into new price discovery.
Cheers,
BB
Blockbullder
Winner winner Sol to pay for my Dinner!Hi All,
Sol has finally broken free from it's shackles in the $130, breaking out into the late $140's before coming back to retest.
As you can see there's a hidden divergence with the confluence of an inverse H&S.
I expect the next area of resistance to be in the $160's.
If you zoom out into the weekly you can see Sol's just broken out from a multi-month inverse H&S. If it plays out Sol' price action should move to the mid $200's without too much trouble.
Cheers
BB
Eth to tap $1570 before continuing the ascent towards $2,000Fractals can be a very useful source of TA, especially for newbies. They can be found all over the chart in any time format.
Here's one i've picked for Eth from 2019. I anticipate another leg down towards $1570 before beginning the accent back to the $2,000 range.
If your struggling to find fractals put the same wave oscillator on each chart (Lux Algo's MA Proximity is a good one) and look for two similar waves.
Cheers All
BB
$1900 incoming for Eth if it manages to break this trend lineHi All,
Finally good to see some action on the charts! What a beautiful day it's been.
Eth is headed towards the median trend line with a test likely to happen in the $1430 zone. If it successfully breaks through then we will likely see a catapult towards $1900 zone via some turbulence at the mid $1600s.
Fail to break the line and there will probably be a second attempt before heading back to $1250.
Cheers
Blockbullder.
History suggests this is a Bull Trap in the makingEth just finished wave 3 of a bearish impulse, wave 4 will offer price relief to the upside over the coming days with a visit to $3250 - $3300 likely. Eth may even touch $3500 before wicking back down.
Wave 5 will see price action testing anywhere between $2300 - $2600 over the next couple of weeks.
Price needs to close above $3300 to invalidate this.
Previous cycles have seen a capitulation at the end of wave 5 which could see a wick below $2,000, this is followed by a reversal.
Blockbullder
Alice triangle set to complete an inverse H&S for a $5+ pumpHi All,
Alice will pump to form an inverse H&S today, before a slight pull back and then it's off to the races for a $5+ pump
Blockbullder
16th Oct will see a $5800 ETH followed by a Crypto WinterFractals seem to be mirroring the first leg of this bull run which will see us top out at just above $5800 by mid October. A blow off top could add another $1,000 but it wont hold due to the current world climate.
In a Bullish world we could def see a $10k Eth deflation and a world recession is looming which will bring the Crypto Winter.
Blockbullder
Inverse H&S will rocket BTC to $52k todayHi all, The Blockbullder has finished the first floor, had his cuppa tea and is now ready to build the next level.
This Inverse H&S will see us break the Descending triangle pattern we're in and prove we are well on our way to retest the ATH.
Feedback appreciated
Blockbullder
ADA possible wedge breakout imminent with a 5-1 long opportunityThe Builders ready to get going again and there's a tasty opportunity for a Cardano long with a good RR at around 5-1
Wedge's break in opposite direction 70+ % of the time & to the beginning of the pattern formation.
I've placed my stop-loss beneath the current tend line of support as to mitigate the risk encase there's one more test within the wedge.
Feedback Appreciated
Blockbullder
$400 AAVE ImminentThe Blockbullder loves building, especially when he can follow a previous plan because it always goes much smoother!
Feedback appreciated and hit that like!
Blockbullder
BTC Tripple bottom lays foundation for lift offHi All,
Looks like the foundations have been laid to rocket with a tripple bottom.
Selling volume has decreased during each dip
Waves 1 & 2 formed with a potential 3rd being prepared for a breakout.
Watch this space over the next 2 days!
Feedback appreciated
Blockbullder
Cardano Falling Wedge Possible ScalpCardano is currently in a falling wedge on the lower time frame and about to begin bullding a 5th wave up to the $2.46 mark which the blockbullder intends to ride
Feedback appreciated
Blockbullder
Possible BTC inverted H&S or just hopeium?The foundations a bit sketchy but the Bullder has seen skyscraper's built on worse!
Thoughts appreciated!
Blockbullder
XRP to begin it's long awaited journey... first stop $1.16?Hi, This is my first time using this type of blockbullding & it's not perfect by any means, to start there's a pillar missing but looks OK apart from that!
Feedback would be appreciated!
Cheers
Blockbullder
