TradingNomadic

TradingNomadic

ONT testing the bottom of a large accumulation range on the weekly here at the 1.13. Super low risk here with massive upside potential. About a 400% return to the .886 of the potential Bearish Shark

TradingNomadic

Type 2 return with bullish divergence on the smaller bullish shark but again, with many of these alt coins, the bigger picture here is going to be larger bearish Shark wave structure, where we would be looking for an .886 return eventuallly. Above .20 cents, we could see .40 cents pretty fast.

TradingNomadic

Bullish divergence on the local double bottom will bring you to our first target here on Litecoin. Historically 226 would be next, but the bigger picture would be the harmonic wave structure. The Bearish Shark would bring you a little higher than this but respecting the .618 retracement here ive drawn this out as a cypher and would expect to see the .786 minimum....

TradingNomadic

GBTC seems to be putting in a double bottom here on the 10D as it backtests the highs from 2018. Even an .886 would be nearing a 2x. A 1.618 extension would give you a nice Bearish Deep crab and the 2.0 extension would be the 100% measured move of the double bottom here. If we were to assume theres a chance GBTC can possible 3x from here on a macro basis, one...

TradingNomadic

Price action above .75 cents here will historically take you to about 1.09. Nice Bullish shark and strong wave structure, however, i do think the bigger picture here is going to be 1.65, which will complete the larger Bearish Gartley Wave structure with a .786 minimum return. If we do get a rejection before making a new high, my analysis wont change, id look at...

TradingNomadic

Bullish divergence at the .886 completing the Bullish Bat. Trying to hold above a critical level with a much higher low. Historically your first major target up is going to be about 5.00.

TradingNomadic

Nice double bottom here with bullish divergence. Larger Bullish Butterfly with a type 2 return at a historical inflection zone. I'm a big fan of POW coins, and i think privacy coins will do as well considering the current climate and events around the world.

TradingNomadic

Seeing these type of patterns across the board that really do support a much larger reversal across the market, and give strength to the argument in a Bullish continuation of the Bitcoin wave structures i've been posting about. While things are rather uncertain right now, theres always a chance we never get the follow thru, but its hard to argue with these charts....

TradingNomadic

Nice Anti-Pattern here forming a double bottom, with a reaction low and Type-2 return. One could argue youve got a Dragon forming on this one locally as well. The first target there would be about 175 at the .886 of the Bearish Bat it will potentially create on the breakout.

TradingNomadic

Real nice Bullish shark here on Monero. Reaction low, and confirmation low after hitting the 88.6% retracement with bullish divergence.

TradingNomadic

Bullish divergence on both bottoms here on BNB, and youve also got bullish divergence locally. Bullish Dragon/Bearish Bat Wouldnt be wierd to see a confirmation low locally if we see some downside but setting up real nice here for a nice move up to the .886

TradingNomadic Updated 

Should we hold our new lows here on Bitcoin, i would look at this as not only further validation of accumulation and a likely continuation of this bullish trend, but its also our smaller Bullish Bat formation completing giving us a Type 2 return on the Bullish Gartley. Ive got levels marked all the way up to 100k only because i do think these are valid levels...

TradingNomadic Updated 

It looks like we are trying to put in a bottom at one of our targeted zones, at least for now. Not much of a bottom fisher myself, but this would be the .886 retracement of the entire move here, and the 1.13 extension of the shark. This is also confluent with the 1.618 extension on this most recent ABC corrective wave down inside of the larger impulsive 1.113...

TradingNomadic Updated 

Bitcoin still respecting the lower trend here, and if we can confirm our low, id start looking for a continuation to our 48 and 51,500 target. Tough to find confidence in the markets with all of the outside antagonists to volatility, but im still bullish on a continuation here until we invalidate the wave structure. I have presented a few other confluences with...

TradingNomadic

BAT starting to diverge as well here on the 6HR at the .886 of the Bullish Shark here. The sharks max extension is the 1.13, so it may be best to wait for a confirmation low on this one as well, but things seem to be shaping up real nice for a lot of Alt coins.

TradingNomadic

LINK starting to diverge here on the 6HR after hitting the 88.6% retracement on of the Bullish Shark. We have not confirmed a bottom yet, and the HOP level could still be in play for a strategic shake out, and spring in typical wyckoff fashion. If we do get that move lower, id be looking for the likes of 12.50 which is the 1.618 extension of the initial corrective...

TradingNomadic Updated 

Bullishly engulfing here with RSI breakout out on the 6HR as we enter the bullish control zone. Bitcoin has managed to hold its 45 degree trend here which keeps the bullish trend intact, with a golden cross as well. Ideally youd want to see the 200 heading upward as well but the context is right as we are above both and have backtested with confirmation. We've...

TradingNomadic Updated 

Given the current climate in the market and the tension with Russia and Ukraine, youll want to wait for a confirmation of a bottom and reversal here, or perhaps begin building a position slowly. We have officially hit the measured move of the Double top, and the PCZ of the bullish bat at a historical inflection point. Now perhaps that isnt enough just yet to...