SOL is forming a daily distribution phase and heading towards the SOW in phase B in the green box. That's the LPS zone the Buying Climax. Do not buy unless you hit to SOW and confirm support and go in. For now, short and selling is the main trend until we land in the SOW in phase B around $93. DCA around the box and confirm with indicators for bottom is in -...
I flipped the daily chart. Don't be fooled by the oversold RSI and MACD You will notice a very slow grind on the daily timeframe as the RSI slowly make little moves and MACD is weak as we grind our way to the 40k zone for consolidation/SOS before another breakdown. I wouldn't buy buying any dips but adding shorts positions on the pump. - TP target for shorts...
For shorter timeframe trade 2hr chart. There will likely be a pump from 52900 zone back up to test the resistance 63k. Quick easy play with sharp SL. Long Trade: 52900 TP: 63k zone Then short at 63k for mid term back down to 40k. Wait for indicators to confirm with my drawing to play out :D
WE are in a 4 year cycle of wyckoff distribution phase. The phase started around 3-6k in 2020. BC (buying climax) top was around 2021. This top now 2024 is the peak of UTAD. If this UTAD is to play out on the weekly chart. It will be bloods on the streets all the way back to around 6k. Can confirmed this when I flipped my weekly chart. Indicators: MACD: Will be...
As from my last chart, it is currently playing the consolidation phase for breakout 56k - 52k zone is the target area. From around the 52k zone, we can expect a pump all the way back to around 63k zone to liquidate the late shorts and complete the 3 zig zag tops of UTAD phase of the distribution schematic on the weekly chart from 2021 (triple tops) SEE chart...
We are still currently in the consolidation phase. This happens whenever we approach the support, often stop right before, in this case it was 58k before the 56k. This the bounce before the breakdown to 52k. Careful longing here and be stay cautious as after this point... In this chart I have flipped it and compare the pattern with GOLD. The bear run is still...
Continue with my previous chart about consolidation before a breakout. It's currently playing out, we will now go sideways around 60,200 range over the weekend and will close the weekly candle around 52k. I have also compare the 2HR chart with this consolidation pattern image attached in the chart. I like to FLIPPED my CHARTS for this. For bigger timeframe...
CAUTION and BE PREPARED for what's to come during this sideways, consolidation or SOS phase. CHART FLIPPED on BTC I like to flip my chart. Looking at the 2HR timeframe, we will start consolidating for a few days and even close the week. If you failed to break and hold the 65k zone....that's the sign and start DCA on shorts as the consolidation pattern plays...
Based on my previous charts about Bear Market has started due to the triple tops with BTC and comparison with DXY triple tops of a bear rally. DXY I compared to is during the triple date on 10 June 2010. If you view BTC in the daily TF, we have printed the delayed SELL signal, the same as daily DXY triple tops on 10 June. BTC is printed same triple tops on 10...
As per my last chart, our daily timeframe on BTC has printed the sell signal as predicted when we compare with the DXY. DXY started the triple tops on 10 June 2010 - Now BTC was started finished the triple top around 10 June 2024. You can see the bigger timeframe here This signal is use is called the Pivot PointTrend - it is delayed. I also combine other...
Redo my previous chart to have more details. BTC v.s DXY ( 10 June 2010). DXY at the time completed the triple tops. BTC now forming the triple tops. STOCHASTIC RSI Both Stoch RSI at the time are lows, showing signs of Bears. It might look Bullish as it's going to come up, but that's the trap as it could slightly go up and down - see chart for STOCH RSI. The...
I am comparing BTC to DXY with this same pattern with triple tops. Yellow box is where we are currently on BTC vs. back when DXY dollar has triple tops IF the DXY chart is correct we are heading for the biggest bear market rally in our life time. It will incorporate 5 Elliot waves coming down from the current tops as you can see in the DXY triple tops. If the 5...
I am comparing BTC to DXY with this same pattern with triple tops. Yellow box is where we are currently on BTC vs. back when DXY dollar has triple tops IF the DXY chart is correct we are heading for the biggest bear market rally in our life time. It will incorporate 5 Elliot waves coming down from the current tops as you can see in the DXY triple tops. If the 5...
We are about to end btc...eventually back to 6k. We are in a long Wyckoff distribution phase that will take us back to 6k in the a decade or so lol. For now, this chart I have flipped and currently in the ST in phase B.
I have flipped the BTC weekly chart to compare with wyckoff accumulation phase. This is what I see from the chart. Short at the ST phase - when it shows exhaustion and take profit around 30k zone. Then long that support trendline.
I am comparing the 4hr btc time from april 18 2021 - 69k ATH to current price action. We are at the green arrow zone in the 4hr. We should get small dump shortly > then retest the 46k zone to test the orange MA then if it gets rejected, we will START a bear trend as it keep rejected orange MA line. If it gets rejects on the 46k and unable to keep above the orange...
BTC will soon finish the triangle pattern in the coming days, move to happen next week. In the 4hr we will test orange line MA a few more times as MACD starts to slowly crossed above zero. Matching this pattern vs. INJ daily. On a brink of breakout to 58k then SOS/deaccumulation for new ATH
BTC currently trying to finish the SOS pattern with LPS to play out in the next few days. Should test the Orange MA line around $41,150 zone, if this holds and 4hr macd starting to curve and crossed above zero...making lower highs then we are on the brink for huge IMPLUSE MOVE!!!