The alt coin market is on the verge of a potentially volatile move, with several interesting factors at play. The recent candle close above the 0.5 Fib fan, which has acted as resistance, now appears to be holding as support, signaling that something significant may be stirring However, the most critical chart to watch right now is the Bitcoin market cap...
This could be a huge bear trap setup right here just like 2019. The SPX500 holding support nicely for now , even though we are hours away from opening yesterday close was pretty good . If we remain in this ascending channel it would be the final flush out before the next leg. Lets not forgot the higher timesframes are looking good , contracting histogram...
Today, we'll take an in-depth look at Bitcoin and examine where we could be headed over the next few months. The chart before you is crystal clear: we are in the midst of a repeating cycle. Regardless of how bad the news may be, or how much global conflict or financial turmoil escalates, all that matters is the chart. The chart speaks volumes: Bitcoin came back...
CME gap now has been closed , next area im looking at would be 18k , that breaks things going to get crazy. Most likely we will be a boring market rest of month , dont expect any major crashes till end of june 2023
We longing here , traders too bearish! , 3.5k btc calls! , 12k calls! Descending wedge on 0.25 fib!
Its been nearly a whole year since CULT was created and it has never been a bad time to stack some CULT. The parabolic ascend has possibly started and the 4.236 extension sits about 39x from current price. The first FIb time on CULT has been set ,max momentum March 2023 and top sometime late June 2022. On the daily time frame we have a perfect symmetrical...
So we forming a bump and run on a 4hour , inside a massive ascending channel and coming out of marco bump and run . clock is ticking
Straight forward triangle here , wait for 4hour to close above resistance line , with a breakout in volume aswell. Stop loss- 23100 4h RSI coiling up and creating divergence.
Price is now sitting and previous VWAP close and has setup a nice springboard , chances of a bounce are high. Price also sitting on middle of ascending channel High risk trade really would wait for couple of hourly closes to form base but this new method of trading im working on longing previous VWAP closes has being doing pretty well.
From the creator of CULT DAO we now have the THE RUG GAME. The chart we currently looking at today is the governance token TRG. Buy signal 4hour candle close above resistance and break of the triangle , money flow coming up. Targets - who knows its at 3 million dollar market cap ,most likely 10 million coinmarketcap.com Previous TA was taken down because i...
To say that the trajectory of Chainlink in the past eight months has been anything but surprising would be an understatement - unfortunately, the surprises have not been in the coin's favor. Despite having one of the strongest fundamentals in crypto, its pattern, price range, and movements have been quite unusual in my opinion. It has broken all trend lines and...
We have been making lower lows on the daily RSI since the start of the year and even though price has reached a new low the daily RSI has printed a higher low. Bullish divergence is forming and with price sitting on this amazing support which has shown time and time again it can pivot momentum quickly to the upside I think we there is a high chance there will be...
"The Formation of a Bump and Run Reversal Pattern in Bitcoin!" This is an incredibly bullish sign, with a 60% success rate of breaking to the upside, if the neckline is held. In the past, Bitcoin has exhibited this pattern multiple times. For example, in 2019, it formed a textbook bump and run after a 14.5% pullback following capitulation. Currently, Bitcoin has...
It has been over two years since the COVID crash and despite people sharing 2008 fractal patterns, traders' expectations of a stock market crash have yet to be realized. In fact, recent chart patterns for the Dow Jones and NAS100 suggest that bottoming patterns are emerging. For further technical analysis of the NAS100, please refer to: Notably, the Dow Jones...
Warning to all and prepare for impact because my alert has just been triggered and its not a good thing. There is one indicator that hasn't failed me yet its this on-metric on glassnode. BTCBitcoin: Spent Volume Lifespan 7y-10y This shows me when massive volume of the genesis wallets when there moving about and as you can see in the chart it pin points tops...
So far it is undeniable by looking at the chart in front of you that things are playing out like last cycle not just in patterns but in time. 364days it took from last cycle top to bottom landing in the green zone in this Bitcoin model. Its taken 364days so far from Nov 2021 cycle top to the new lows of 15k and again landing in exact same green zone as previous...
Today, I had an intriguing experience chatting with an unrestricted AI software. As you may know, there are restrictions placed on this software, one of which being no price prediction. However, the internet found a way around these restrictions, resulting in the creation of a chart forecasting the future price of Bitcoin, created solely by artificial...
NAS100 has formed its signature bottoming structure after a big correction, in this TA I will show you how the NAS100 time and time again forms W patterns before reversing to the upside . There plenty of examples showing this fractal playing out over the last 10 years , here are a few. As you can see every time this pattern forms its the bottom before a wave...