!This is an inverted chart! Im still expecting BTC.D to make new highs to around 50% before Altseason starts. Everytime BTC begin a new rally to ATH it makes at first a drawdown from altcoins and then release some of its dominance to push altseason. This is the case, especially considering the fact that ETH will likely not rally when BTC is moving...
This is purely fun and speculation. Take it as what it is. Would you hold until february 2023? What we are playing here is a patient game. Whales will try to shake you out before the real move kick in. Don't let whales play with your emotions, at the end of the game only few will win. By using fibonacci we can identify a top in the 3.272 fib extension....
In this analysis i wanted to point out this fractal . The one you are seeing now, is in fact the 2021 top, where bitcoin reached 65k$. I took the fractal from the january 2021 local bottom at 30k, till the may 2021 local bottom. The similarities are impressive and if you use a candle's chart the story is the same. At this point i would say that it's highly...
Sometime it's better to keep TA as simple as possible. Drawing a lot of lines and using many indicators can be confusing. We can notice BTC price being in a consolidation phase, why is this bullish? Here you have some reasons: 1) BTC is consolidating for 1 year and a half, in the range between 30k and 70k. This consolidation is happening over the previous 2018...
DOGE completed the inverse H&S that we spoke about in the last doge update. It is now finding some resistance in the 17/18 cent level, as we said. It's likely time for a little correction. DOGE pushed higher than the previous high, this is a bullish sign of trend reversal. Volume looks good and ready to pump. MACD doesen't give sign of weakness, for now....
Could it be time for DOGE to break upwards? Looks like something is boiling recently. With the new acquisition of twitter by Elon Musk, we can expect more implementations of DOGECOIN in the application. This could be the reason why DOGE is recently looking bullish and it's PA is very close to a major break out. Follow me on twitter for more updates!
Bitcoin cycles and its lenghtened and harmonic rhytim.
Wabi has been in downtrend for such a long time. I believe that the reason for this is that this company never had anything to do with hype and always tried to be as serious as possible. Their ICO wasn't made to chase hype, but some was obviously needded to give wabi its first boost. Wabi is a good project for long term, it's not the typical project with the...
Doge is showing some strength recently, that’s why i decided to share an update about it’s price action. What i’m expecting and what i would like to see happening is an inverted H&S with a bullish re-test of the broken falling wedge. For now we have low volume but the price is already showing good strength, this means sell pressure isn’t so big as it was some...
DXY looks toppy recently: there has been a distribution on large level with a triple top formation. This is very bearish and could lead to a downfall of the dollar. This thesi is in fact justifiable by the on going world situation, which is slowly heating up. There could be a war and the probabilities are very high. When you have nations providing money for...
Crypto.com is now well known by many in the crypto world and out. They recently bought the name rights of a famous american stadium, the staple center. The price they paid is ashtonishing: 700$ millions. They now own the name of this stadium for the next 20 years. This shows you how is their view of the future, they clearly want to be here. It's also very good...
I was always checking this trendline in "logarithmic scale" and i was sure it would have hold. It didn't. So i had the idea of checking it in "linear scale" and look at this! The price touched it and reacted aggressively. Also notice how the price is compressing to the very end of the falling wedge. It's normal to have this type of "low" volume. We will then...
In 3 year S&P 500 performed very well. It grew 100% since the beginning of 2019 and established an intersting structure which is a repetition of patterns and similar moves. The blue lines you see are the top and the bottom of the channel, they're signaling further upside before a substantial crash. One of the pattern i noticed and posted the last time was about...
It's clear how the S&P 500 print an enormous quantity of double top. In the last four years we had 8 of them and only 2 of them took to a crash. It's also important to notice that a bearish head and shoulders has the left shoulder volume higher than the right shoulder. This is not the case right now (see SPDR S&P 500 ETF TRUST for volume). You can see many...
Wabi broke out of the downtrend in october 2021 and it's now re-testing an important level which i want to see hold. It looks like it's holding for now. If you notice the RSI is always printing double top before giving us a rally. This time we had another double top with a consequential crash in price. This shouldn't scare you because wabi is going out of a...
Hedera is forming a falling wedge for half a year now. The breakout is nearing and each day. Hedera team is also working more on marketing strategies, releasing new advertising campaign around the world, starting with Denver airport. Recently ubisoft joined hbar's governing council, this gave some boost to hbar price increasing its value. That move took hbar out...
Suku is on of the 100 blockchain start ups listed on forbes. It's currently very low in capitalization and this give us a good long opportunity! The cap is currently 40$M, this means that at 6.30$ the cap would be around 600$M. I think this is higly achievable for a project of this kind. Suku is a service kind of project, this means they let companies use their...
Jupiter is recently showing some signs of strength. This makes me think the token is ready for a new chapter. The team is working hard to improve the Metis Messenger app (the 18th of february there will be an important update). DeFi is also coming to jup and it willl be very positive cause it will let hodlers get an APY just by holding jup tokens. Jup is an...