TheGemHunter

TheGemHunter

In a recent OTHERS publish I made, I explained that there is a possibility that a 3rd major wave down has not formed yet. Clues are starting to appear that demonstrate that this could be the case. Potential Clue: Newly formed candle developed underneath the SUPPLY LINE. I do expect to see a small time frame 5 minor waves down until we see the bottom of this...

TheGemHunter

COINBASE:SOLUSD - SOL has moved above the SUPPLY LINE, this is a good sign in my experience. BUT clues of a potential reversal are showing. Stoch RSI and RSI are in the oversold quadrant. Although these indicators can be misleading, it is still a technical to be put into perspective. In Elliot Theory - This could be our 5th minor wave up, but you can never...

TheGemHunter

CRYPTOCAP:OTHERS - Looks like a possibility that a 3 wave correction may be completed. Price action is showing signs of a potential pop, breaking out of the demand line. If we can close above the demand line, this is a bullish clue. We did hit retracement down to the 0.5 on the 20th of December, touching the 1:1.272 window. The 0.5 is considered a bullish...

TheGemHunter

BINANCE:XRPUSD -XRP is starting to show signs of strength as it passes through the MICRO DEMAND LINE. Several attempts of trying to break through have been made in the past, but it just didn’t seem to have enough gas. Some hidden BEARISH divergence can be noticed on the RSI possibly signaling some pull back in the mix. The MACD is showing a full tank with...

TheGemHunter

When comparing BTCD to TOTAL3, Alts coins are in their adolescents. The dominance chart has just printed a nice evening doji star candle on the weekly TF, while in the 1.618 fib extension window. When looking back at the previous market cycle, the same signals are being presented. Alt coin season is very close. There could be another pull back before altcoins...

TheGemHunter

COINBASE:BTCUSD I am anti-pessimistic, but when considering the MACRO demand lines and Fib Extensions, this thing could continue down much more if it wanted to. So I think its best to be prepared financially and emotionally for potential major dips that could possibly come.

TheGemHunter

DeFi may be done with its long break as it aims toward the top with strong momentum and the Gaussian channel showing that it is making a U turn. Big pumps may be ahead of us this month if we can hold above the .618. CRYPTOCAP:TOTALDEFI

TheGemHunter

It has been a glorious battle of the Bears and Bulls this past week. BTC has been moving well inside of its newly developed flag and preparing to test the MACRO descending channel. If price breaks above channel and holds, BTC may be on its journey to test the ATH. If price gets rejected that will be our signal that the battle continues and the bears are not...

TheGemHunter Updated 

COINBASE:BTCUSD New bull flag in the making, exiting the bear flag with higher highs and higher lows.

TheGemHunter

We have been riding the top of the wedge as we enter into the narrows. I expect the market to drop down and find support toward the bottom portion of the wedge before our next run up. Followed by some bullish movement for the next couple of weeks as we prepare to test resistance levels at the previous high @ 355B. CRYPTOCAP:OTHERS