Shorting opportunity, 15m play, waiting for TD9 confirmation and a red Heikin Ashi candle. Bearish divergence already setting in. Targets 213 and 206.
UNFI/USD Futures 3-hour: An actionable setup here. Shorting into strength with signs of losing steam. Particularly like the double top scenario.
Bar chart = S&P500, red MA = 111W MA for S&P500 (taken from PI Cycle Indicator) Orange line chart = BTC, orange MA = 111W MA for BTC Key takeaway: Notice how we are dipping much lower from the 111 and we are still lagging roughly 8 months behind on the "catch-up" move to traditional markets.
Possible triple bottom here. HTR/USDT Hathor 0.115 in play as we keeping moving inside this triangle.
Lost two channels on Orn. Super shaky now and 0.25c–0.30c target seems viable.
Resistance and target = 8100. Bullish divergence on Fisher, a nice "U" forming. on the KDJ and a "V" spike on the Stoch RSI. Bollinger squeezing hard on YFI as well. All signs for breakout. The risk/reward ratio is 3.58 : 1. -12% down to trendline of 5000 (risk). +43% to upside target of 8100 (reward).
BABYDOGE/USDT 1-week: Baby Doge wants to scream and you know these meme coins – they run hard and fast. Bear challenge trade? Baby Doge has lots of room to make up here... and a beautiful curve forming at very low RSI.
BTC looks like it is a strong candidate for a classic BARR pattern. Also known as a Bump and Run Reversal Pattern. By identifying the 2 start points of the Bump and of the Run we can come up with a fairly educated conclusion of where to go long on BTC . A bump trendline where we reach roughly 27k-27300 a rejection in this area would confirm the theory as we wait...
The 7 year cycle in the dollar index. Clearly seen on the chart dating back to 2001. Now look at 2008, 2015 and now 2022, where the dollar peaks every 7 years. The peak of the dollar according to indicators was in 2015. We are building up strength once again. The 7 year cycle has restarted in November 2022. The peak concludes in 2029.
Confluence resides within the Dec 15–Dec 24 date range and sits at 542B.