TheTraderAndy

TheTraderAndy Updated 

Bullish pin bar, bullish. Expecting mean reversion to 50% fib Called the top.. Calling this bounce..

TheTraderAndy

ROAR. No this isn't actual TA. It might be a little bit of cope. One scenario - it could possibly be a bull flag playing out. Another is we are about to giga nuke to 25k 50/50 right now.

TheTraderAndy Updated 

Take profits immediately. This will correct. Targeting 0.618 My Indicator called the bottom and it is now calling the top of the move.

TheTraderAndy Updated 

Dumped to golden pocket, seeing some slight bullish divs on lower timeframes before BTC giganuked, and bullish reversal candle/pin bar.. Long from here

TheTraderAndy

In typical crypto twitter speak, "bears will get rekt", comes to mind. This is a interesting set of similarities playing out on ETH. ETH has been incredibly deflationary lately due to the meme coin mania. This could be the next hyper narrative for ETH and rally a lot sooner than people expect.

TheTraderAndy Updated 

Dollar looks weak still, I think we dip down below to 98 on the DXY and rally up to 4310 on SPX ..

TheTraderAndy

Targeting 0.618 Need I say more? The frog will mean revert Called the top Calling this bounce

TheTraderAndy

Total Market Cap is consolidating between two significant fibonacci levels here. 0.382% from Macro High Pivot to Low Pivt 0.382% from April 2022 High Pivot (from the bear flag) to Low Pivot. As you can also see, above head resistance confluence of the fib speed fan 0.382 and Value Area High. For support confluence we have the VWAP from the same April 2022...

TheTraderAndy Updated 

I've conducted a thorough analysis of Bitcoin and reached the conclusion that the price of Bitcoin may reach a peak of approximately $48,000 in May. I anticipate heavy resistance at 35,000$ due to it being a large monthly, and 3M level. My rationale is grounded in the convergence of two prominent Fibonacci-based technical indicators: the 0.618...

TheTraderAndy

Assuming everything goes to plan, the next bull-run in crypto could see MARA rally up to $133 before tanking. This is based off the golden pocket (linear scale) which seems to be well respected as price targets.

TheTraderAndy Updated 

Looks like AUD is reacting off the golden pocket retracement, weaking DXY should lead to stronger currency pairs, including. Once downtrend channel is broken, it'll confirm bullishness. Divergence on Average Oscillator seemed to have played out to a decent bounce.. but rejected off resistance, and formed a higher low (march 2020 covid crash formed the lower...

TheTraderAndy Updated 

Wouldn't surprise me to see this run of liquidity to gap-fill below and test the local Point of Control (POC), before rocketing up to test the VAH (value area high), also filling another gap... If bullish momentum continues, expecting a run to fill the last local gap in the 34-35k region. Ultimate target for the "Echo Bubble" of 23 would be around 48k..

TheTraderAndy Updated 

Possible scenario for BTC.. Run up to 48k before nasty 35-40% correction.

TheTraderAndy Updated 

Fractal from 2018 bottom, to scale. Local trend break, to next local macro trend break. This is the way.

TheTraderAndy Updated 

Here's my thesis.. Summer ends.. Diminishing Cycles.. Aka Diminishing bear markets..to the tune of 63.5% less.. based off previous bear phases which occurred directly after a 3D death cross.. 165 days of chop makes sense.. with a potential sweep of the lows once again.. and sprinkle in a 40% probability of a wick down to 12-14k .. Until then.. I think we...

TheTraderAndy Updated 

When analyzing the cryptocurrency market, it is important to consider the total market cap rather than just one coin, such as BTCUSD. Charting the TOTAL crypto cap provides a more comprehensive view of the overall market and allows for more accurate tracking of inflows and outflows. Based on the analysis of the 0.618 fib retracements for horizontal fib and fib...

TheTraderAndy

As you can see, nothing in this market is random. Fibs play a major role. TOTAL market cap is the best expression of this, all other charts are not as useful for analysis of where the overall market is going. I had to split this into 4 charts to illustrate how price is reacting off significant fib levels (38.2% and 61.8% mainly, but also the 127.2%) In chart 1...

TheTraderAndy

In the bigger picture, we are still heading up, we may see a week or two or more of corrective price action, as we have reacted off the 0.382 fib-speed fan as well as the 0.382 fib (nice confluence there), however, ultimately, I do think there's a good probability we rise this year into the 0.618 speed fan / 0.618 fib confluence. This also coincides with a bearish...