TheGemHunter

TheGemHunter Apr 20

This is one of the most volatile coins that Coinbase has to offer. There is no confusion here that this resembles a text book Wyckoff pattern. But the question arrises ... could this pattern be a trap? And the bait is the 1700%+ pump that came after the Selling Climax. It has taken a -96% loss in value since the rally up, so it is in DEEP value here....

TheGemHunter Apr 19

Gold has pushed right though the HTF 0:1.618. Now catching resistance at the 1:2.414 ratio band. If it pushes through this ratio, there is not much stopping it from hitting the upper 2.272 level. If a correction were to start here (and it's about that time) this may be a clue that a rally up for crypto will begin soon, as this was this case for the last Gold...

TheGemHunter Apr 18

AVA is printing what appears to be a small 3 wave correction right above a support area and 50 EMA. The correction is descending, which adds more bullish confluence. It recently experienced a nice bullish engulf/ 'V' shaped recovery/ Wyckoff Spring that rhymed very nicely with the SOL chart. This could retrace further down to the 1:1 ratio band, but the...

TheGemHunter Apr 18

CRYPTOCAP:USDT.D CRYPTOCAP:TOTAL It's been quite choppy to the upside in this area. Price action is printing tight descending channels within a larger ascending channel. So the bear and bull are playing a game of cat and mouse on a significant demand line and right below the 50 EMA. The micro descending channel that is printing now within the ascending...

TheGemHunter Apr 16

CRYPTOCAP:SOL.D SOL.D tagged the high time frame 1.618 and has now formed a 'V' shaped recovery. Price is currently on top of the 1:1.272 ratio band and sitting tight slightly above the 200 EMA. This area could turn into support here. This suggests a nice wave up in the works for SOL and SOL based meme coins. 👍 - Not Financial Advice -

TheGemHunter Apr 15

COINBASE:BTCUSD BTC.D currently printing an inverted creek inside another bowl and catching resistance at the supply trend line. And often creeks need to be jumped, so this jump could be cause building for higher highs here soon. It's unlikely that we exceed the 1:2.414, but the strength of BTC has been blowing hats off so it would be no surprise there. If...

TheGemHunter Mar 23

When looking at ETH/BTC from a Wyckoff perspective, it signifies accumulation events "To the T" on a large time frame(1M). The downtrend that began in September 2022 appears to be the beginning of the creek and a very large one at that. Price is currently in the 0:2.272 ratio band plotted by the previous distribution high and low. This ratio is a pretty strong...

TheGemHunter Mar 22

COINBASE:SOLUSD When taking a look at the strength of Solana compared to Bitcoin, there are clues on the 4HR chart that suggest SOL may be in accumulation, rather than further continuation to the downside. Price is currently in the 1:272 ratio band of a larger time frame. On March 10th price hit the 1:1.382 overshoot ratio and printed what appears to be a ST....

TheGemHunter Mar 21

COINBASE:ORCAUSD ORCA had a nice rally up from its previous LPS event showing its strength, bolting on a 10X plus. It looks to be sitting at the next LPS event (right at accumulation resistance); this is where smart money starts coming in. It could retrace deeper: I have the 1:1 extension window that signifies strong support with the 1:13 overshoot. And...

TheGemHunter Mar 20

COINBASE:SUKUUSD SUKU has printed a ST in phase B of Wyckoff phases and events. However, because Phase B is still about building the cause, this asset may still experience more shakeouts or a deeper Spring before a true markup. I have a potential lower support structure (0:1.618 window) if that spring were to occur. With a Market Cap of 15.7M this volatile...

TheGemHunter Mar 20

COINBASE:RBNUSD Ribbon Finance - Printing what resembles a Wyckoff Creek, possibly making a ST attempt. Price is inside the 1:0.618 GW extension. If it were to discover a lower low, it could stab down slightly lower than SC support. Or perhaps a bit further: I have a 1:1 extension as potential support if a deeper ST were to occur. With a Market Cap of 14.4M,...

TheGemHunter Mar 19

Unicorn Fart Dust - Showing signs of accumulation with a Wyckoff Creek. Signs of accumulation are what I favor, rather than a "buy & hope" gamble, in the middle of a selling climax or Distribution end. This extremely volatile meme coin may be showing signs of accumulation rather than a continuation pattern to the down side. The creek suggests that this could...

TheGemHunter Mar 19

CRYPTOCAP:TOTAL TVC:GOLD - GOLD has created some new highs recently. Breaking out of its previous buying climax resistance, it could be nearing the top; developing a UT in the 0:1.618 ratio band. I have TOTAL layered in this chart above to point out key observations that affected GOLD in the past and vice versa. When the Selling Climax began for GOLD at...

TheGemHunter Mar 18

AVAX - Currently sitting in the 0.618 retracement window. A nice doji candle formed last week, with the bottom wick shooting through the POC. A potential Morning Star Pattern. Lower local low? There is a possibility: It has retraced slightly above the 1:1 extension. A further retracement to that pocket could be a likely outcome if lower local lows are in the...

TheGemHunter Mar 17

ICP has been a disappointment for many, I would imagine. Including myself... A lot of social media hype behind this one, but the time may be coming soon for a real rally up. A nice falling star through the 1:1.618 extension last week and currently fighting resistance from previous consolidation low. A small chance that we will see lower local lows for this...

TheGemHunter Mar 14

DeFi found support at the 1:1 pocket as discussed in my recent TOTALDEFI publish. A wave up could be expected from here, and if this is the case, there are a few resistance zones I have in mind. Accumulation Resistance: Price could struggle to break out of this resistance structure. GW Resistance Structure: If price breaks through the previous accumulation...

TheGemHunter Mar 12

I'm making a fresh publish/idea for XRP. XRP has been attracting a large crowd since its major rally up that started in November 2024. As demonstrated in previous posts of mine, I am a fan of EW theory. Although it can be tricky to plot waves, It is a practice that I aim to master. It appears that we may developing the 5th wave of a 5 wave structure that...

TheGemHunter Mar 12

ETH tagged the 1:1.272 pocket recently and bounced right off. This pocket is a major support area; given the HVN (High Volume Node) that rests in that zone. This asset may start to show signs of strength compared to Bitcoin as we come closer to alt coin season (yes, I highly favor an alt coin season). But the question is when? That transition could start...