Shorts have risen drastically and longs dropped over the same time period, suggesting a strong bounce.
Longs have dropped off drastically and shorts increased over the same time period, on the hourly. Suggesting a short squeeze/quick pump.
Double bottom aligning with a previous daily point of control, offering a potentially very profitable risk:reward setup (1:7.6)
Multiple fractal signals are in alignment (1969-1929 price action very closely resembles that of 2000-2022), and monthly support may be flipping into resistance, suggesting a move down to the logarithmic support trend line. A fractal/repetition of the crash in 2008 would almost perfectly align with the expected support, acting as further confirmation.
The logarithmic support trend line for ETH has broken, suggesting a cycle top and therefore a likely repetition of the previous cycle (a fractal).
Entering on alignment of micro and macro signals, both are currently bearish.
Weekly Ethereum fractal short targeting $500. Bearish momentum divergence also suggests huge downside potential.
XRP macro bearish fractal targeting $0.15 late in 2022.
BTC signals are currently bearish on the weekly and monthly charts, and oscillators are extremely overbought.
Almost all indications, including macro, are currently looking bearish for BTC. I expect the support to break and to see another retest of the support at $32k (Short target).
Another possible fractal that could play out. This one is possibly targeting a price of over 700x the current value.
13x Macro fractal may have formed on the HEX chart. Exponential support has been tested strongly and held.
Predicting the details of the next BTC cycle in advance.
Bitcoin weekly has closed with several bearish signals, further suggesting that this BTC cycle has topped.
Fibonacci support and indicators suggest a potential turnaround.
Bitcoin fractal suggests a return to $35k. Indicators are also bearish. The market cycle top acts as extra confirmation.