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Just wanted to update the pattern I am watching for BTC relative to my previous BTC post. As more candles have printed, very clear levels of support has been outlined as well as our upper level of resistance. I highly recommend drawing these trendlines on your chart to have a better understanding of a future breakout/breakdown.

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Comparing ETH/BTC (left) to TOTAL2 (right)(All cryptos excluding BTC) usually gives us a good idea of when to expect an altseason. ETH/BTC is right now testing a trendline of support (orange) that has called every low (of the ETH/BTC pair) since 2017. The gains we have seen from this pair since testing our trendline of support has lead to a 2,044%, 40%, 75%,...

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Right now BTC is forming some sort of symmetrical triangle on the 1H timeframe. Depending on how you draw it, BTC could still be in the pattern (Solid orange triangle) or has recently broken down from the triangle (Dotted orange triangle). I have included some initial price targets both to the upside and downside on the chart to the left. My prediction is the...

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Looking at TOTAL3 (Altcoins excluding Btc & Eth) we see something very similar to TOTAL2. We had a double bottom (around $290B) which is EXACTLY our 0.236 of our macro Fibonnaci trend from the covid crash to the 2021 peak right around $1T. I have outlined all subsequent fibonnaci levels of this trend as well. We know this fib trend is valid as our 0.382 ($450B)...

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I will post an update on TOTAL 3 as well, but here is TOTAL 2 (alts excluding BTC). Just to back track, we made a post on May 22, 2023 outlining how TOTAL 2 was maintaining our old resistance trendline as new support. This remains true. Even with the SEC attack against altcoins they were able to hold the candle bodies as support upon our trendline and have caught...

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Hello Traders. Today I wanted to outline some key warning signs that are starting to develop in the BTC chart. I am still more bullish on price and our macro still looks good for BTC to move to FWB:48K , but if these warning signs start to play out then BTC's price could be in some trouble in the short term. On the left we have the daily chart and on the right...

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I do not post stock charts often, but here we see a very clean bearish setup forming on the daily for the S&P500. Price has been rejected twice around $4,500 (creating a double top). Followed by the RSI creating a lower high (bearish divergence). This usually signals bears are gaining control of the market as the strength is decreasing while price remains higher...

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Hello friends, today we battle the key level of $31,400 again. If we are able to break above our momentum move will continue to play out. Here, we were looking for a bounce off of the 35 (Historical volatility index) and current day that has played out with a 27% move to the upside so far. (Lowest indicator) And in this post we were waiting for a stochastic...

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Back on April 22 I made a prediction that Eth would fall to our support trendline. "ETH - Bearish Fractal Repeating" If you press play on the chart on the left you will see how picture perfect the tap of support was. Trendlines - Now that has played let's examine what could be next. In this chart I have 2 very important white trendlines drawn. One has been...

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Here is an update to the chart I posted a couple days ago "BTC - New 2023 High" This 26.50% move to the upside has started to lose momentum. This can be seen in our daily Stoc RSI (blue crossing below orange). It can also been seen in the RSI as now BTC is back inside the RSI channel. The way this trend could continue to make new highs is if BTC can close the...

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Hello traders, BTC has made a new 2023 high!!! Let's discuss based on the charts why this is. The chart on the left is the daily chart and the chart on the right is the weekly chart. We will begin with the daily chart. Please refer to "BTC - Massive Weekly Volatility Incoming" to see our prediction for this breakout. The first confirmation of this breakout was...

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ADA has experienced a lot of FUD over the past few days followed by a -10% capitulation candle due to Robinhood looking to delist ADA. All of this seems really bad for ADA, but I wanted to post some of the good signs in the chart. If these signals play out then all this FUD would just be weak hands selling into strong hands. Right now we could be seeing a hidden...

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Hello Traders. Today I have an amazing chart to share with you outlining Bitcoin's price on the weekly timeframe. We will discuss Bitcoin's weekly parallel channel, weekly RSI, and weekly Historical Volatility. Lets begin with Bitcoin's weekly parallel channel. This has been an incredible metric of macro support and resistance as BTC started its 2022 bear...

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ALGO has been beaten down the past couple weeks, but has recently started showing some strength from the lows. Lets first examine the bullish divergence we see forming on the 3D. We had a lower low in price action, but our relative strength index has formed a higher low! This shows buying strength at these lower levels. We also see that our RSI is trying to...

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Here we are examining BTC's price action with our stochastic RSI (momentum indicator). What is so interesting is the correlation these two things have with time. Almost every 6 months we see a cross on our stochastic RSI (blue crossing above the orange). This represents a momentum flip from bearish to bullish and tends to occur near oversold on the stochastic....

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The time is almost upon us. I theorize we about about to exit our 1 year accumulation cycle for an explosive break to the upside. May/June of 2022 was the first major capitulation and here we are after spending a year in our accumulation schematic ready to enter phase E. The Wyckoff accumulation schematic gives us a good sense of where in the accumulation cycle...

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Hello Traders. Today we will examine both the bearish and bullish case for BTC on the daily timeframe then conclude which ones seems more likely. Bearish case - The bearish scenario is shown on the chart to the left. This shows BTC's price in a descending triangle that recently broke the support and confirmed the breakdown with yesterdays candle. This is in...

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Now that I have shown you the daily outlook on altcoins in my previous post "ALTCOINS - At Critical Support" Lets take a look at the weekly timeframe. The weekly timeframe also shows us that we could see a significant rally for altcoins as long as this level holds. The first thing to note is altcoins showed strong buying pressure around the $430 billion marketcap...