Gapitalist

Gapitalist

There's a strong trendline dating back to September 2021 that has acted as both support and resistance 5 times. It's currently acting as support as ETH has reached resistance on the upper trendline that dates back to December 2021 and has 3 touch points. The FVG between $1450 - $1300 has yet to be filled and likely needs to do so before ramping back up to fill...

Gapitalist

DXY looks like it has formed a cup and handle pattern and breaking up out of the handle channel. There's a HTF FVG between ~ $108.4-$109.4 acting as an upward magnet to be filled. The current 1.618 fib target is $106.15 followed by the 2.618 at $107.46. -- On the flip side, if the retest of the channel top breaks down, the bearish FVG at the $102.6-$101.9...

Gapitalist

Feels like a long time hanging on this cliff of indecisiveness.

Gapitalist

Trying to keep things simple, using a combination of Elliot Waves and Fib Retracement. Zooming out to the Monthly, maybe we see a dip down to around the $950 range and then continue up on the 5th wave to $10K+. Publishing this for my own journaling to look back on.