Front seems to be printing a textbook inverse Head and Shoulders right now. It was once the victim of a PnD in 2021, however a seedy character's past actions does not invalidate it as a potential investment. There looks to be vertical accumulation happening since Oct '23 and a nice S/R flip of the ~$0.40-0.42 range. Target at the 0.236 Fib retracement level
We could be seeing an inverse head and shoulders forming on BTC/USD Low Time Frames. It looks as though the MA50 is beginning to curl upwards headed toward the MA100. Crossing that then headed for the LTF golden cross as well would give more indication that we are headed for more bullish continuation. Firstly however, we need to keep a close eye on...
Could we be in the midst of a Wyckoff Basic Scheme of Accumulation #1 on BTC/USD? One should take note that with how the institutions have been vocally entering Bitcoin, the way the crypto charting and trading game is played is changing. BTC may well have started becoming more classically "textbook" and less sporadic in its cycles. If this is the case I would...
LTC/USD was getting Bollinger Band squeezed by the consolidation of price between the .5 Fib retracement area and the .236 retracement area following the sharp drop in markets in mid May. Now we see that the price has tried to break downward out of the squeeze, implying what seems to be a bearish bias only to bounce up off the .236 area and enter back into...
COMP/BTC is one of the more undervalued DeFi Bluechips: As the governance token for a well executed lending and borrowing platform with a TVL of ~$9.42B, a market cap of only ~$2.35B is not a worthy valuation for what this protocol offers. Coupled with the fundamentals. the COMP technicals look primed for expansion upward. The Madrid Moving Average Ribbon has...
ROSE/BTC looking good for continued upwards movement: A Livermore cylinder has been printed with increasing volume on the price rises (indicated by the + signs) and the decreasing volume where the price falls (indicated by the - signs). Once the 7 wave finishes and price holds above the 0.236 Fib retracement line, we can expect the violent 8 wave to transpire...
OCEAN/BTC looks primed for price increase here: A near picture perfect Livermore accumulation cylinder has been printed and is stalling before its next leg up, the 8 impulse wave, which in Livermore cylinders is one of the two most violent waves. Price has increased on increasing volumes (indicated by the + signs) and has decreased on decreasing...
CRV/BTC is quite undervalued for what it offers. It is the exchange token for the Curve.finance DEX and offers the right to vote on exchange wide decisions. Price is heading toward the diagonal resistance initially formed in early last September with a diagonal support line coming up after the bottom formed in early January and a higher low was printed mid...
SXP/BTC looks like it is going to make a nice move within the coming weeks: MA30 has bullishly crossed above the EMA100 for the first time ever and is now acting as support. A lovely inverse Head and Shoulders has been printed and we can expect, once price has confirmed the S/R flip of the neckline around .00006791, that price will continue upward toward...
DRGN/BTC looking like it wants upside movement: MA30 crossed above MA100 on March 1st signifying that the the trend will likely be bullish now for these coming weeks at least. To add more conviction to the play that it has turned bullish, we will need to see a clean close above the Gann Fan 1/1 line which price has been consolidating against since Feb 10th. If...
ETH/USD could be ready to gun for ATH within the next week or two. MA30 has crossed back above the EMA100 which during this bull run has been a big indicator of continued momentum to the upside, this is not something to ignore. If price confirm flips the MA30 as support there will be more conviction in this target playing out. A Cup and Handle has formed...
XEM/USD is ready for expansion upwards The Symbol $XYM airdrop/snapshot is happening this week, meaning that if you hold at least 100 XEM and opt in to receive the airdrop you will be airdropped XYM at a 1:1 ratio with the amount of XEM you hold. This means if you hold 100 XEM your wallet post-airdrop will have 100 XEM and 100 XYM. This is a fundamental...
Crypto Market Cap Excluding BTC is looking very bullish. Ichimoku is bullish as can be: -Kumo cloud is green -Tenkan is above the Kijun -TK is above the cloud -Lagging span is well above price and cloud -No C Clamps forming calling for correction -Tenkan as the first line of support of the Ichimoku system was tested last week and the price bounced off there...
LUA/USDT is looking to revisit All Time Highs There is not too much to say about this chart except: -There's a lot of thin air between current price and previous ATH -Fib retracement lines may not act as very strong resistances but are good to use as a general outline of where resistances COULD be -MA30 is about to flip above EMA100 for the first time...
FRONT/USDT looks to be leaving a bull pennant that has been forming for a bit over a week. Price has dipped in to the blue accumulation zone. If/when it leaves that zone to the upside and confirms the bull pennant breakout, this could be a fruitful play with a pennant long term target at $10.26 with resistance stops that are necessary to flip along the way at...
ETH/BTC looks to be finishing printing its inverse Head and Shoulders (iH&S) reversal pattern. This has been forming since September of 2018, almost 2.5 years in the making, and the longer it takes for these patterns to form, the larger the expected upside is for the breakout. The target of this iH&S from confirmed neckline breakout (gold line) is .065430...
ETH/USD looking very bullish on the HTF charts This week price wicked down to ~$1360 to retest the previous weekly All Time High (ATH) close which was printed the week of Jan 8 2018. At the same time it tested this S/R flip (which we still need to wait for 3d 7h to pass to ensure this flip is successful and confirmed bullish) we tested the first line of...
SNX/USD may be in a Livermore Accumulation Cylinder (just getting in to this technique, if anyone can link me to the best Livermore Cylinder learning material that would be greatly appreciated.) We see the trend being respected on both diagonals. Jesse Livermore traded by the rule as well to determine whether he was on the right side of a bullish trade,...