BTC - SHIB - ETH - Daily Review Hourly head and shoulders forming on bitcoin. TP would be in the 37800 range at structure.
ETH - Loving the sideways movement allowing the same pips twice in two days!
Shib - Would expect a solidification of the bottom we've had and sentiment to follow with the two legacy coins.
Keep Stacking It
How you do one thing is how you do everything.
-Harmonic Puma
ETH-BTC
ETH completed C in ABCD pattern.If you caught the move to the downside of 1.7k, congrats you made money. An ascending triangle that looks bullish but in this particular case its a bull trap that needs to complete the D pattern. If my analysis of BTC comes true, I see ETH will follow. In short though, I prefer ETH than BTC.
BTC - ETH - SHIB - FEG - Yellow Lines & Blue CirclesNice drop this morning.
Areas for interest have been highlighted in the past 2-3 daily videos.
We have hit solid entry points this morning.
IF are or have been jamming this content daily. Please remember to like the video or post a comment.
***IT HELPS WITH THE ALGO*** lmao & just looking for the confluence in banter and confirmation of ideas!
Thank you!
Keep Stacking It
How you do one thing is how you do everything.
-Harmonic Puma
Next 48 hours crucial for ETHI think we will get an idea of our next Bull or Bear cycle within the next 48 hours the MACD for 1 Day is looking ready to shift to a few green days and that will let us know if we are holding at 2700 and moving up from here. I think all FUD has slowed and we are ready to continue our lovely Bull run into the end of 2021. Good luck all
BTC Bitcoin Short and Long Term Breakout + Resistance Dump LineIt looks like Bitcoin will bounce between the 33k and 36k mark until June 6th. There, we will see either a reversal uptrend or a heavy continued dump downwards. If either holds and continues to top against resistance, June 9th looks like the second candidate for a breakout.
CIVIC: another $ETH coin soaking middle of its range Price has clearly absorbed the volatility from the last week and a half, we're no longer seeing 20-30% down days like we were last week. Price is stabilizing, bids are stepping in and price is being soaked. My guess is whatever catalyst sends #bitcoin back to 60k will also help with these alt coins and getting them more popularity from investors and the overall market.
ONLY RISK CAPITAL YOU CAN AFFORD TO LOSE!
Bear Case Confirmed: Ethereum/Bitcoin SpreadAs I warned yesterday, the intraday Ethereum/Bitcoin spread is an important risk on / risk off barometer to watch for the crypto market and it failed to hold a critical level. We are saturday morning and we have just seen a huge volume spike with a drop, making this a 5 waves down from May 26th top. It's possible the spread deteriorate along with a second crash on the way. This is a long week end and it's easier to manipulate this market while alot of people are celebrating memorial day. I placed a support where I think we are headed in the short-term. Let's see how it plays out.
#ETH ETHEREUM main PIVOT point, make or break ! Neutral positionMoment of truth for ETH, EMAs regression completed over main pivot point, tomorrow is make or break! Eth still bull, bounced perfectly over 200ema and 100 ema, now bulls are trying to switch the momentum up for a next bull run or at least a good consolidation phase. Technicals looks promising but any bad news can break it for good.
Chances are 70% up and 30% down imho
Anyway ETH looks better to BTC if u really need to go long on something.
The intraday spread of ETH/BTC is worrisomeThe first thing I wanted to take a look at when I paid my PRO+ subscription was the intraday spread between Ethereum and Bitcoin. It can be seen as a risk on / risk off crypto indicator. The count from the top seems clear to me: 5 waves down followed by 3 waves up. The resistance at 0.0735 is extremely important. During the bull market, it served as a support several times and during the downtrend it acted as a resistance twice. If we really have 5 waves down, it could be possible that the 3 waves up counter rally we have seen from May 23rd to May 26th is over. I know it may sound crazy but that could be it if we are in a bear market... Maybe there's no more juice and this was just a huge dead cat bounce.
ETH - 80% Accurate Predictions: CheckMate BearsPlease look at my previous posts. While I am not a correct every time, I have almost always (80% at least) made calls on Ethereum that came true.
I believe we have just formed an inverse head and shoulders for ethereum, the bull market IS NOT OVER, and the next serious resistance is at 3,600.
I predict that we are over $3000 by no later than June 1st or I will delete my account.
nOt fiNanCiaL aDviCe
Bears are NGMI - google that acronym.
Back from the Dead
This is looks promising - we printed a doji today.
So looks like we have stopped the drop.
Monthly VWAP is at about 3400 - given how fast this dropped it could recover quickly to the 3400 range and grind higher from there - looking the profile 3400 puts us to the end of value - which would make sense if we moved higher grind there slowly.
Elon Musk has talked to the miners about energy usage and sustainability so everything is ok again?! I'm sure he's making more on Crypto than Teslas.
All in my opinion.