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Here we can see a 4H rising wedge forming for ETH. I have outlined the fib levels and the 200 MA (Red MA). As you can see the last time we got rejected at the 4H 200 MA we had a significant drop. If this is to repeat then our first target would be the support of our rising wedge (Target #1) and if we break that support we could fall to our measured move which is...

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Here is the 30 minute timeframe. After breaking down, we have consolidated around this price range creating a symmetrical triangle. Since we came off of a downtrend another leg to the downside is more probable. If we close below our line of support (green arrows) then our measured move is around $18,600. If we take the measured move of the smaller bear flag then...

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A few days ago we broke our long term parallel support channel. Everytime we have gone to retest that support line (Blue line) we have found heavy sell pressure. We are still holding the "Line in the sand" which means we can continue to chop between that support zone and our new resistance level before breaking below that key support level and crashing down to our...

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After longing from the $277 level and hitting our target of $303, we are starting to form the right shoulder of our H&S pattern. After topping out around $337 in May of 2022 we just recently "double topped" around $336 in August 2022 giving more credit to another large move to the downside. In addition to the double top, we are creating a head and shoulders...

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With my previous posts on BTC and ETH, BNB could also be looking to have a short term rebound. We have quadruple bottomed (black arrows and at our fib level around $277. This rebound could bring us back to around $303 before trying to push lower again.

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Here are all current fib levels for BTC. We have fallen out of our parallel channel which means the bottom (or our old support) could start acting as new resistance. The solid black line I have drawn is our "line in the sand". Right now, if ETH is able to hold above the $1560-1580 zone BTC could hold this key $20,700 level as some sort of "double bottom" before...

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*This would only be a scalp long and not position long IMO. Here I have outlined 2 charts. The chart on the left is the 8H. This shows all of our current fib levels for ETH (currently we are at the 0.382) ($1560-1580) trying to hold support. I have also drawn a black box around the previous time we have been at this level and had a 30% move from this key support...

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As long as we hold the bottom of our parallel channel btc will at least revisit the heartline around $23,400-23,600 or even higher to the top around $25,400-25,500. IF we do break below this could become an extreme resistance level that would take us a while to get back above again, but for the time being we have held support perfectly.

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Here we are looking for a "long the dip opportunity". This will only be a scalp long, but a good entry could be somewhere around the $1770-1780 levels. This level has a lot of confluence. It was our old resistance that could be flipped into new support (Black horizontal line). Also, the 20MA on the daily is at $1770 (blue MA). I have outlined with green arrows...

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We just hit the top of our channel again at $25,200. As long as this continues to hold as resistance, we could see a move back down to our heartline around $23,000. We also could be forming some sort of rising wedge pattern (black triangle) that would also have a breakdown target around our heartline.

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Exactly 4 years later from our 2018 bear market here we are. Now I admit this fractal pattern isn't perfect, but R2 and especially R3 line up beautiful with our 2018 market structure price action. Again, I think the bottom is likely already in, but if we do get some kind of black swan event late this year or early next year then according to long term market...

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I found the 2018 bear market to look quite similar to what we are seeing currently in the ETH chart. Now I know price has been extremely bullish recently, but it's quite amazing that we had almost the exact same percentage rally in the current day as we did when ETH went through its final capitulation to reach bear market bottom. We had three significant bear...

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Although we did close this daily candle more bullishly than I was personally expecting, I think it is not time to go all in yet. Our RSI has topped out 3 times at the 61-62 level on the daily creating a triple bearish divergence. If we are able to close tomorrows daily candle above this then that could be the confirmation for the $30k move, but for the time being...

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Even though the CPI numbers are "bullish", This could be one giant fakeout to the upside for liquidity before a plunge back down. On the daily timeframe we are currently forming a rising wedge. If we end up breaking our support, the breakdown target would be around $1300 (which would end up creating a bullish cup & handle on the weekly). In addition to this rising...

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On the 1 H it looks like we could be creating some sort of bullish inverse head and shoulders pattern. The neckline is around $23,400-23,500. Once broken, we could see a move back to the $24,500 level!

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Here is ETH on the 1H. Most of price action has closed the 1H candles below this key trend line. Recently we finally got a push above and are testing it as potential new support. If we can hold this and also close the daily candle above the 100 MA we could see another big leg to the upside for ETH.

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On the right we have the weekly time frame. The 20 MA is purple and the 100 MA is red. In the past we have hit our 20 MA and sold off thus giving us a high probability we will sell off again after this large rally. In addition to the 20 MA the 100 MA acted as our support before our final capitulation down to $880, so since it was old support it could act as new...

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After my post yesterday I pointed out how we would get one more bullish move back up to see if we could break resistance. After we had the bullish move, we came right back to the top of our very key channel (clue line) and had a swift rejection back down. With how crazy this sell pressure was, we created some bearish engulfing candles that could send us to around...