-Hash Ribbons Indicator signals time to buy on the daily timeframe for Solana - Btc will resume uptrend based on Hash Ribbons indicator signaled on the weekly timeframe, last time this indicator signaled to buy was back in August 2021. - Could be a macro low . - Chances are high IMO Solana can reach $30+ in next 1-2 weeks. Please leave a like and follow for...
- I see a good opportunity to enter Matic on the pullback down - RSI on daily is resetting - SPX correction/ crash could bring crypto down. I exited all my positions on Solana and BTC and staying in Cash position to wait for rentry at better levels. I suspect some rug pull coming up based on my gut feeling. Matic is going to be a Big winner in my opinion on the...
- Hash Ribbons indicator has signaled a buy on the weekly timeframe, last time this happened was Jul - Aug of 2021. This move resulted in BTC moving from roughly 28k to ATH at around 68k. Now this indicator is flashing buy again on the weekly. Chances are high that the current move up will be a significant bounce. - RSI on the weekly looks ready to climb...
There is an uncanny match with Wyckoff Accumulation diagram. This might just play out.
- Ascending Channel formed in Solana with each move up being more explosive then the last. - Defended the support and stayed within trading range. - Medium Term bullish momentum from BTC - Bulls defended 20k - TP1: $25 - TP2: $28.2 - TP3: $33 - Invalidated if price goes below $18 - Solana could reach $30+ Do you see the symmetry? Not Advice
CUP AND HANDLE, BULLISH. Cardano will take its place back from imposters. Not Advice.
Maybe double bottom reversal will play at. We need strong bounce past the downward sloping trendline. Target: 18k Invalidated if price falls below 1st bottom.(@ 15.6k) Not Advice. Only for education.
Taking the two fib retracements from large downtrend and smaller uptrend I see us bouncing back to 0.5 fib before making progress to 0.236 fib which is SC line. ( see my BTC Wyckoff macro chart.), then we are due for a hard bounce. Hopefully this plays out. Lets watch and see what happens. Not Advice.
My idea is the rapid change of inflation rate can be used to predict dxy price movement. In 1980 inflation rate was at a peak. and dollar was at a low. Each year after that inflation rate declined rapidly while dollar increased rapidly. Now im seeing the same pattern unfold. Inflation rate is changing rapidly. From 1.2 % in 2020 to 4.7 % percent in 2021 and...