I LOVE A GOOD CUP OF COFFEE IN THE MORING! I dont care about the wiggles, we are about to go. Cup and Handle
Here is where I think we go lower. Dont get me wrong we go higher eventually. But signs point to lower
The b Wave is in sight The ST PA looks good but we have some negative divergence. IF (key word is IF) we fall here look to the red lines as support. Thank you for your support. :)
Friends I hope yours all having a wonderful day! Todays chart is all about the oscillators! Every time we have them all in bullish alignment we get lift off. The last one to break higher is the RSI. We are currently at 69/70. A close over 73 and its go time. Both the CCI and the Stoch/RSI have flipped Bullish! Buckle up, the best is yet to come! :)
Friends I pray your all having a lovely week thus far. I have been on the road the last day and a half and will be stuck in conferences for the next couple. That said, I wanted to share some Minimum and Maximum targets for the Total Crypto Market Cap (Excluding $BTC). My most conservative area, and where I have the most degree of confidence, is that the Total...
Friends, I had to wake up when I saw a few things getting ready to transpire. We are on the cusp of flipping the last real resistance. The .786 Fib is the LAST Fib between us and making a run on our prior ATH, and in my opinion, breaking it. The key indicator is our Monthly RSI/Stochastic Bull Cross. The last time we had a Bullish cross, $BTC went from $10K to...
This is the MOST important chart for crypto, commodities, stocks, and precious metals. What we have is two distinct distribution zones. It is my belief that the $USD is coming down to a minimum of 80, but a stretch target of $70 is within the realm of possibility. We are nearing key Monthly MA's and Key Fibs.
Good day friends, I pray your all having a wonderful weekend. I just wanted to check in on a Sunday to remind us all of the level left to clear before we see a massive BULL move Higher. While we might coil a bit before we clear it, the .786 Fib is the LAST significant area of resistance before a resumption of our 5th wave higher. I believe once this level clears...
My stinkie Linkies, will hit $100+++. It is programmed. Perhaps more!!!
We win. Win won. What you going to do about it? Follow the chart.
So maybe your new to crypto, its cool. Follow the arrow. It is programmed
This is how I roll. Just understand its not me, its the charts. :)
Friends, I am quite excited today for obvious reasons. The good news is we have had a LTF Candle close over our key $54K level. That said we still have a few other levels to watch. First is the .786 Fib which is just under $57.2K. Another key level (not listed) is $59.8k. The latter being key as it was the last peak that was achieved after our first Lower Low...
Friends, this is just an update from my last chart. As mentioned in my last commentary, the superimposed trend line was key. This break of the upsloping trend line now places $54K as the next major obstacle for $BTC to leap over. While I would love to say we will do it with one massive candle, I am not a fortune teller. What I could see is some volatility between...
Friends , today is a BIG day for $BTC, we have already got over the key $49.8K level, and now are trying to leap over $51.1K. That said, $51.1K is a MUCH more challenging level as you can see from the attached chart. We have a confluence of support in the Inverted Fib and the upsloping trend line that has held thus far. A bounce from current levels would send $BTC...
So far, so good, is the expression that comes to mind at the moment. While stocks continue to struggle, $BTC continues to shine. What is quite impressive is our text book back test to the .5 Fib. More importantly we are now back over a key area we lost yesterday. So for me, the chart is simple, a close over $48.9K means the price action should begin to work its...
Watching the shaded box quite intently at the moment. We have managed to get over our original Point of Breakout, and look to be back testing that same rail (PoB). The other key for Bulls is to keep the MA ribbon UNDER Price. Any failure at the Pob or a slip under the MA Ribbon would be cause for concern. I believe we hold. :)
Friends, Rarely will I do advanced charting with obscure indicators. However, there is one indicator I will use from time to time to determine trend reversals, and that is the CCi indicator. What we have now is an upward sloping CCI, that is still in the early stages. Two things: 1) if your a Bull you want the CCI indicator to BREAK ABVOE the dotted line. That is...