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...
Crypto assets across the board are looking ready for a possible pump and UNI is no different. Current Trading Plan: Stop loss on this is much higher as it is a lower liquidity asset and in the 10% area below the current trend line. Target 1 is the 50% retrace level for approximately 17% Target 2 will be 78.6% retrace level for approximately 30% Trade Well........
Many alt coins are reaching the end of what appears to be an accumulation cycle. We have an obvious long running down trend followed buy an equal distance of sideways accumulation. Next step is typically an equal length time cycle to the upside. Price can only trend in 3 directions. It can trend down, trend sideways in a range, or it can trend...
This chart is an update to the previous attached chart below from earlier this year. Looking at the weekly we see price action, wave trend, and money flow all curling to the upside. Current Trading plan is to hold for more upside until price brakes structure to the down side looking for any of the price targets above.
As alt coins gear up for the next market cycle Doge coin has seen alot of hype over the potential use case with twitter. The chart is the ultimate culmination of all buying, selling and the cycling there of. Twitter or no twitter Doge along with many other alts are leveling off and exposing their momentum. Applying current cycle price action to average...
XRP has been stuck trading in the same price range for the last 5 years. The real question is has it established its fair market value range or has it been just supressed by its pending law suit with the SEC. Personally I tend to lean more twords the later and expect real price discovery to occur after a decision has been reached on their status as a security. ...
Xen has been along time personal favorite and after months of selling pressure from early minters price appears to be on the rise. This is a Daily chart and is up approximately 150% in 3 weeks. Currently price is pulling back into past resistance and if there is a bullish reaction the rally may continue. Current Trading Plan: Hold long and accumulate the...