It is hard to cast a bearish sentiment and never popular in a bull market. While bulls are an excellent thing and easily bring the increase over long spreads of time, bears IF encountered take one swipe causing massive injury just before they stomp and ragdoll its victims in such a way most don't survive. Bear cycles are very fast and hard in comparision to...
XEN crypto is different project that proclaims an adherence to the first principles of block ledger. While it sounds nice the "Free" distribution modle has absolutely hammered the price. With that said the minted supply has likely decreased as ETH gas prices have risen, reducing the amount of discounted supply. This is a daily chart that is focusing on the...
I am not super big into side chain layer 2's as a permentant soloution to the transaction cost issue with crypto. At the same time they are the current leading way this problem is solved and intrest in their tokens is certainly not lacking. ARB is a little bit different for layer 2's as they set them self apart from competitors by gaining massive awareness...
Looking at a daily chart on tesla we can see reversal pattern building as price rounds over into the previous major pivot low of $152. As price is pulling into this area notice how each push down is getting smaller and ending sooner than the previous. This is a daily chart considering the cuvature of the trend and angles ploting highest zones of probability in...
FET is another crypto asset that has seen a HUGE pump from the bottom of over 1000%. Being it has bounced the hardest it is giving a clear sign that it has users attention. This is a weekly macro environmental chart to highlight the current condition with the past price action as well as give some potential macro targets. Currently price has formed a possible...
INJ is another asset that when price reached a bottom in December pumped abnormally hard compared to its peers. Average bounce off the bottom has been 100-300% aside from a few outliers and INJ at 730% is certainly one of them. This is a weekly chart and looking at the wave trend oscillator the weekly is deep and attempting to confirm this week and money flow...
As AI related anything continues to rip to the upside the end of the rally is unknowable and unpredictable. With that said we can monitor the growth rate and reoccuring equalities for changes in price action behavior to spot when bigger players are entering and existing the market based on current and past behaviors. This is a daily chart of AGIX that is...
I am not a stock trader and at the end of the day could care less where these assets go but do occasionally trade them when the technicals indicate the potential for large moves creating rare oppertunities. Forcast from July 2023 linked below indicated a likely larger decline and since price has come down 40%. The forcast called for reevaluation at the main...
Gold has pushed up since the original forcast a few weeks ago and likely to continue. As higher risk markets reach all time highs and look ready for short sales captial rotation may be the cause of accelerated moves to the upside. Current Trading Plan: Continue long hold for higher targets inprevious forcast below but locally target an accelerated move that will...
I have absolutely no idea what this is or what is purpose is or if it is even active but was asked to do a "technical" write up on it. So this is the daily outlining high probaility areas following a standard distribution bell curve model. Looking at the push down from the high we can see that volume is trending downward indicating a reversal is likely. Price...
Meme coins are meme coins and obviously hold no real world value of any kind yet remain a tradable asset and look extremely bullish... This is a daily chart of this cycles favorite meme pepe. Price has broken above and consolidating above the previous high. Most importantly we can see that volume has trended to near zero while price has held this level. ...
This is a monthly chart of ETH highlighting the rate of change in the slope of the trend from bull run to bull run. While still very bullish on ETH the rate at which the trend is exausting can serve as a useful tool in forcasting "potential" targets in the future. Looking at the two previous bull runs we can see the first run was 70 second 60 and forcasting...
Looking at these two banking tokens on a weekly line chart it is not hard to see that the price action pattern of both has been nearly identical. Using a log scale to measure the change in percentage we see they are topping and bottoming together but yet XRP is up nearly 2x over XLM. If we look at the first range xrp traded in at launch we see a lower double...
This chart is a supplement to the chart posted previously this year and linked below/ It seems irrational but when it comes it comes and the sky is the limit. With that said it is crypto, it is a meme coin, it is high risk. This is the doge weely chart and looking at the curvature of the price action, oscliator, and money flow price appears to be entering what...
A potential decine of up to 80% in long time favorites will certainly be unpopular. It is the same persistence in close mindedness that causes persistence in trend. It is the persistence in trends that drive prices wildly above or below fair value. As the pendelum swings reality tends to lie in the middle.... Decines in price are often seen as though there is...
Inspite of recent bearish sentiment BTC targets remain the same. There is a lot of confluence in the 75-95k area for a major top. May or may not be the top top but likely will create a long pause or sizeable retrace. Price has already made it to a "potential top" but has not broken any technical trends and after its usual 25% will likely continue to the upside...
This is a weekly chart highlighting reoccuring cycles based on past trends. These are simply points in time to look for reversals or distribution and re accumulantion for continuation.
In our recent pull back looking at the doge daily we can see that the wave trend indicator has put in a lower low but a significantly higher low on the price. Typically this is a solid continuation signal. Down side momentum should be slowing and possibly rotating up with a higher low. The daily Vwap is also crossing back above the zero line which typically is...