Shwayze

Shwayze

Bitcoin Dominance has just found a very Bullish Pattern, a Triple Bottom. I would expect BTC to potentially break the All Time high within the next 1 month, before correcting again down to the 44k level 1 last time. And then we may be in for a big long run up! Gotta Love Bitcoin Season, because it precedes Altcoin Season, another very fortunate time. I call...

Shwayze

VRA has shown strong buyer signals recently, and has formed a cup & handle pattern over last several months. It is right now, on the verge of breaking its previous All Time High. If it does this, the cup and handle pattern suggests that: 1) The deepest part of the cup, all the way up to the rim, is the measure for where the asset goes next, starting at the top...

Shwayze Updated 

As I explained in an earlier post, we noticed BTC may as well be expanding by between 1.61 - 1.68x each halving. There is also a drop in acceleration (rise in value). We may have missed it as they fit so well into the 4 year cycle theory that currently exists. Correction to 2nd peak, this is set for JAN of 2023, not FEB of 2023, but 1 month is not a focus here,...

Shwayze Updated 

BTC is of course, retracing We should see it go down to AT LEAST the 20Week MA, which is a good support zone. It is my belief that it will go past this. The support zone just past it, at the previous resistance zone just under $40,000 will offer a better and longer pivot point. This should take until end of September, early October.

Shwayze Updated 

WILD has now broken the trendline downwards, which is also close to 13MA. In short term charts, I use a (5, 8, 13) Day MA, and if price can break above the 13, we look for the short term trends to do the same. Once the 5 day and 8 day trends break above 13, it means the shorter term upwards movement is now stronger than the longer term downwards movement, and...

Shwayze

SPY (SP500) hit the bottom of a short term candlestick pattern with a bullish Harami - which means the candlesticks when downwards, but the next day, the candle stayed within the previous days body. This is a candlestick reversal pattern, and it honestly depends how long it would go for. In this case, its only short term. I don't imagine we will top out over...

Shwayze Updated 

Tezos, which is bullish as hell in my book, has some great news recently and is funded by a couple large institutions for providing on chain products. Gavin Wood has stated Tezos is the ONLY blockchain with the technology of the future (Web Assembly), while we are using current tech now, Tezos is way ahead of any competition on this front. TA: cup and...

Shwayze Updated 

Bitcoin obviously hit a top, and started falling, we know that. But where do we go from here? Well, BTC NVT Velocity just gave us the signal. It increased massively over 200%, which means, we are in for a price drop! Gotta love on-chain metrics. Long term, were gonna have fun here! We are set up for a HUGE Bullish Rally when this thing breaks. If we do get...

Shwayze

I wrote an article back in November 2020, about how Polkadot was the #1 Altcoin of 2021. With the incusion of the Kusama Parachains, and the profit from both Karura and Moon River (KAR & MOVR), this prediction is one of the top projects, if not the top project of 2021! So let's analyze the price prediction. The price prediction was based off previous Altcoin...

Shwayze

Keep your eyes peeled for a breakout move by Sensorium - SENSO Hovering around 50 cents, the bullish divergence has been forming for weeks. As the price dropped, the volume increased, and now we should see opportunity to reverse trends, and break out.

Shwayze

PSWAP - Polkaswap - has bottomed out, which can be seen by the bullish divergence in the RSI - a sign that investors are buying increasing amounts of PSWAP compared to ETH. This is usually the first sign before a reversal. So let's keep our eyes peeled for any pivot points!

Shwayze Updated 

Bitcoin Transactions have increased in last couple days, which should indicate a spike in short term price. Drawing Trendlines on Bitcoin Chart, we obviously have a short term Rising Wedge pattern. It seems we dipped below/sideways, and now have the bottom trendline to contend with as the new resistance. So is this last wave just a Bull Trap? Are we destined...

Shwayze Updated 

Polkadot finally showing signs of future bullish trends, After its 80% retrace recently. Dot is going to be huge with the Parachains on KSM, and whenever the first one starts on DOT, expect some massive price increases. So far KAR Karura has been the topic of discussion with the #1 Parachain slot. As the 2nd wave approaches, XRT Robonomics is going for a...

Shwayze

I would like to point out the indicator that I have backtested: "Trend Surfers, Breakout". This is pretty brilliant, shout out to whoever wrote the script. Basically, it covers breakouts, both up and down - and once price breaks out of this previous high, it will call out a buy signal (Long), or (Short) for downward movement. The regular settings are good...

Shwayze

Ethereum does not look good in the summer months leading up to December. I drew the months of August (current month) to December with highlighter, also Marking the month with AUG on the chart. The December Months were RED horizontal lines, they are pretty clearly bottoms. I drew Green for the tops, these were MOSTLY June/May. There was 1 Jan (2018), and...

Shwayze

This idea is based on the presumption that Bitcoin is currently in a repeating 2 peak cycle, with a 1 peak cycle following it. In 2013, we had the first example of this, followed by 2017. Now, we may have the same pattern happening. However, I have noticed the time factor has started taking around 1.68x longer. You can look at the on chain metrics like...

Shwayze

SP500 is obviously in Euphoria. But let me just tell you about one event. Normally when we are getting stimulus from the FED, money is flowing FROM the FED to the BANKS. And that has been happening for a long time now. BUT. There is always a but. There comes a time when the flow of money switches. It starts flowing OUT OF the banks, and INTO the Fed. ...

Shwayze Updated 

Bitcoin had a great rally the last couple days. bitcoin transactions spiked from 160,000 to over 260,000 which is great. Last couple times we had this same pattern, it would immediately drop. There were 2 other times. This is the 3rd. This is either starting a new AB wave, or we can have 1 more drop down. and then a corrective wave. Bitcoin meets...