Eye_of_Horus

Eye_of_Horus

Bitcoin is consolidating and looks like its making a double bottom , but bitcoin is very tricky and likes to trick new traders. Double bottoms and double tops do not have to be exactly equal. This looks like a perfect double bottom setting up but something seems wrong. Since there has been barely any price action at 24,800 this tells me that 24,800 is NOT the...

Eye_of_Horus

Bitcoin likes to make double bottoms, double tops that are not exactly equal throwing people off. The 32k top we made after going up from 24,800 is a double top at 30k most likely. What concerns me is how we found support at 24.8k without any prior price action there, which tells me 24.8k is most likely not the higher low. I drew a pink support box where it should...

Eye_of_Horus

I think NVDA will reject from 500$ it is extremely overvalued and the risk is higher than the reward to go long.I’m stacking puts at 500$

Eye_of_Horus Updated 

NVDA has gone on a really crazy rally with no end in sight. What concerns me is that it hasnt made a higher low since it has broken 187$ so the higher low IS NOT SET.We are going to see a really bad crash.The last higher low we made was at 138$.I have drawn the support box where i see it finding support. It has to find support here or the bull run will be over.

Eye_of_Horus

I know that we just had a horrific crash but the uptrend is still intact. We stayed above 24,800 and the uptrend should continue now.

Eye_of_Horus

NIO is currently retracting after a rally. The question is where will the higher low be if there will be one. I drew a support box where it may land.

Eye_of_Horus

Microsoft has had a strong rally without much of a pullback the last 4 months. It looks like it is starting a downtrend and i have drawn the support level where it may end up finding support. It must not go below 245 which is the first higher low.

Eye_of_Horus

Disney is on a multi year support level but dont take a trade yet. First wait for a higher high above 93$ then wait for a higher low.

Eye_of_Horus

After making its first higher high at .003000 in months AMP looks like it is finding support at around the .002300 level.This may be the start of a really strong uptrend. To confirm .002300 as the higher low we would need to make a higher high.

Eye_of_Horus

In order to confirm 28500 as the new higher low we need to make a new higher high, higher than 32,000.If we break 28,500 and make a lower low we have to see where it lands, as long as it holds 24,800 we maintain the uptrend and bull market.Target is 48,000-50,000 if we maintain uptrend where i will be shorting heavily.

Eye_of_Horus

Amp looks like it has made a higher low at .002300 and if it holds the uptrend will continue.

Eye_of_Horus

litecoin is doing a false breakout, it is going to go back in and the blue trendline will most likely act as support.

Eye_of_Horus

Sushi is in a falling wedge with a dip and it looks like it is about to break out.

Eye_of_Horus

It looks like bitcoin is about to break out from the wedge.

Eye_of_Horus

Eth has been in a downtrend for a while.Is it breaking out now?

Eye_of_Horus

If we really are in an uptrend this is what i see happening. The next move will be to 48-51k then back down to 30k to establish a higher low. Then move to another higher high.

Eye_of_Horus

People are shorting this trendline so btc will break right through this resistance and cause liquidations if no stop loss is set. Good time to go long.

Eye_of_Horus Updated 

After a failed breakout attempt on June 20th amp has went back into consolidation. It looks like it will breakout soon anyway i am just adding to my bag as i dont think it will go lower than .002 with bitcoin being so bullish.