BTC - 6-2-21 Todays DirectionVideo is clear.
Above the three most recent balance areas.
Potential INTRA DAY SHORT.
ALTHOUGH.
Larger time frame. We are still in buy zone from the largest most recent consolidation box
for DCA. as good and promising place as any.
For a trade. I'd look for a small correction for a tighter entry.
Happy trading
keep stacking it.
Not Financial Advice. Just painting the story of the chart as it unfolds to me.
-Harmonic Puma
MEME
Current Market StructureIf bitcoin could resume uppy so I don't have to make bear/bull cases everyday on every TF, that would be great. My meme object tree makes no sense anymore.
Should have sold in may and gone away.
EDIT: That chart is a bit of a meme but its quite clear, distribution, lost range, bear pennant under range (retest), most likely a move downward again, if it's not a bear pennant, the trading channel is still downward till proven other wise, ichi's lagging line is in the middle of price action (means trend is weak) and the only bull case I can make is accumulation and that still would require more lows
$GME is a shark and cypher with the target of $3500recently I was extremely bearish on GME because of a reversal butterfly harmonic pattern with the target of $9. today I noticed a big shark or cypher on the chart and changed my mind.
AB=0.61 XA
BC=1.13 AB
tp1=0.78 BC=$32
tp2=0.88 BC=$44
tp3=0.78 XA=$132
tp4=1.27 BC=$154
tp5=0.88 XA=$207
tp6=1.6 BC=470
tp7=1.13 XA=$626
tp8=2 BC=$1607
tp9=2.24 BC=$3482
You can use Adobe to make $DOGE memes.If a car is a meme, and the gas is $DOGE, then the highway is Adobe.
Create memes of meme coins, but first, load up on some $ADBE. You should invest in the tools you use.
The bars pattern here is from $FTNT... they're all in the same tech basket. $FTNT is leading, $ADBE $CRM and others are following.
DOGE XRP FractalXRP Fractal 2017-2019 Fractal incoming for DOGE?
XRP was the dream coin of the last cycle, it seems that DOGE is the dream coin of this cycle.
This might be even worse though because XRP at least has active developers and teams working on it.
DOGE only has a litecoin fork with unlimited supply and cute dog logo.
Whales hold most of these coins, expect dumping for the next 2 years, with big XRP style pumps in order to distribute coins at high price level.