Possible Rounded top Bearish divergences on the 4h: Hist, RSI, OBV, VWMACD Bearish Divergences on the 3D: RSI, Stoch, MOM, OBV, CMF The latest bounce from Jan 24th hit the .618 fib retracement level from the drop Jan 5th - Jan 24th RSI is decreasing on the 4h, 1D MACD is decreasing for 4H Short entry: $35,089 Stop: $35,405 TP1: $34,106 If support breaks at...
Start of Wave 1 Jan 28th, 2019- $3,156 Peak of Wave 1 June 24th, 2019 - $11,563 Wave 2: March 16th, 2020 - $5,629 Wave 3: April 5th, 2021 - $58,794 Wave 4: July 12th, 2021 - $32,933 Wave 5: November 8th, 2021 - $69,000 Each wave coincides with pivot points MACD is increasing as of Feb 5th on the weekly chart and will flip green on the 3D and has already flipped...
Following March 2020, DX1 has decreased upwards of 13% with increased M2 money supply and inflation. As the next year unfolds the interest rate hikes will increase the dollars strength and hinder inflation. Wave 1 begin Jan 2008 at 72 and peaked January 2009 at 84.5. There was a retrace into June 2011 at 74. Wave 3 peaked at 101.74 in December 2016 and has been...
As we all know from econ 101, house prices increase as interest rates are lowered. This can be seen with house prices increasing upwards of 25% after effective federal funds rates were dropped to 0-0.25%. Due to people FOMOing into the housing market and forgoing any and all inspections, the housing market was once again fueled by irrationality and became a...
Following the COVID crash of March 2020, the bottom of the market was found at 2388 on March 23rd, 2020 Starting Wave 1 which subsequently ended at August 20th, 2020 and closed at 3452 After a minor retrace ending at September 7th, 2020 at 3281 to the .236 fib level Wave 3 reached $4523 on September 7th, 2021. Then retraced to 4380 on September 21th, 2021 Wave 5...
Wave 1 - Jan 2nd, 2020 - $210 Wave 2 - March 12, 2020 - $150 Wave 3 - August 24th, 2020 - $300 Wave 4 - January 14th, 2021 - $250 Formed double bottom with retracement on Sept 15, 2020 Wave 5 Peaked on - August 30th, 2021 - $382 Since the peak: Wave A has formed at October 25th, 2021 - $315 Wave B December 23rd, 2021 - $345 Wave C - Feb 7, 2022 - $230 After...
We've seen the same pattern play out multiple times. Take a look at STMX for an example
Sirin is finally breaking out after retracing from it's previous high of .08 and swing high of .046. This coin used to be $3 so there is plenty of room to run
$CRV has broken out of the descending triangle after bouncing off of the .382 Fib level. On the daily chart, CRV has bounced off of support in what would be a triple bottom. For the first time $CRV has flipped green on the 3 day MACD. Lately most Defi coins have been on the rise and moving quickly so I expect this to move along with them. CRV has the 2nd highest...
$OGN bounced off the .50 fib retracement from last cycle and currently consolidating. The 3-day MACD flipped green for the first time since it's last run of 22.5x. If this occurs, there's potential for it to reach $16.73 as this is the 1.618 fib level of last cycle. This is one of the lowest market-cap coins on Coinbase with some notable investors (Founder of...