After the perfect rejection at the 0.618 around $0.18 we have retested the level we needed to. The level of massive support being built is between $0.138-$0.15. Upon confirmation, we can see a break of $0.18 followed by the 0.786 at $0.20 then push to the top fib level at $0.23. Once that is broken DOGE can enter its parabolic phase.
This is an update to our last prediction for JUP: After showcasing JUP's breakout we laid out two scenarios. The second scenario was if BTC couldn't break the all time high and has lower to go, the JUP would retest the trendline as new support between ($0.80-$0.85) and continue its run. Today we had BTC move down to $67,500 and thus JUP fell EXACTLY to our...
Eth is testing its most important support trend line yet again. Most likely it will hold this trendline, but if we start closing candles below we could see a flash crash to $2,100.
This post is purely speculation and should not be taken as election advice. TREMP is showing early signals of market structure building before the election. We are expecting heightened levels of volatility in election based memecoins as the US election is in 3 days. TREMP entered the liquidity zone around $0.22-$0.24. It also created a bullish hammer candle. The...
We also have very important structure being built on the LTF (lowertime frame) 4H. The support being built around $69,000 looks amazing. This shows our old resistance on the LTF is being flipped into new support. If we do have any more downwards price action below this level, the next area that could be defended is $68,200-$68,500. This final level that...
BTC is developing perfect market structure for the next leg of the bull market to begin. Our white trendline has outlined many touchpoints of resistance (red circles). After the recent breakout and pullback, price is currently respecting our white trendline as new support (green circle). Also if price closes around this same level we could form a daily doji. This...
Bitcoin's Dominance has just reached the 60% levels. This cycle is slightly different as ETFs are causing more money to flow into Bitcoin than normal cycles might allow. But dominance is reaching the golden ratio (0.618) of its 2021 Fibonacci levels. If we see a rejection and retracement from this level, we could see money flow out of Bitcoin and more towards...
After a phenomenal rally above the critical $70,000 level, BTC has accomplished another feat. It has successful closed above the critical $71,300 level. This is one of the confirmations of the start of the next leg of the bull market, but we are not out of the territory of a pullback yet. Once we close a second 3D candle above this key level (outlined in...
Everyone is euphoric on the timeline, but there is one last crucial level BTC must get above to truly start the next leg of the bullmarket and this is what we call the "final hurdle". This level is right around $72,000. This is our 6th critical test of this level on the daily timeframe. So you may ask, how do we know when this level is broken? Normally I would...
Right now Bitcoin is at a pivotal level. After the recent breakout above our red line of old resistance price is currently trying to flip it into a new level of support. If this retest is successful then Bitcoin will be able to increase to fight the $70k+ resistance levels, if price cannot hold this trendline, the upwards move could be delayed for some time as...
Sol has been showing a large degree of strength vs ETH on this recent move up. This has caused some solana based projects such a Jupiter to rally. Looking at Jupiter's market structure we can see price has successfully broken out of the downtrend. Now we need to determine what the next move is based on two scenarios. If BTC finds support and starts pushing back...
After our predicted breakout from our last post on the weekly we can now examine the 1D timeframe to determine the immediate impact of this move on the trend. We are fighting our critical resistance trendline. Most likely this will break this time due to our higher timeframe confirmations. If we are able to close a daily candle above this red line + create a...
TOTAL3 has continued to flip our old resistance into a new level of support. This could indicate money flow into altcoins very soon. That altcoins to watch this week based on market structure: 10/13/24 Weekly Dojis: GRT OP JUP DOGE IMX Key MA Tests: RENDER SHIB ARKM FTM FET SEI APT ETH
We just had a massive signal flash on the weekly. The 21 MA on the weekly that historically acts as a major resistance/support line was just held by this weekly candle. We also formed a doji which could signal a reversal back to the upside is likely. Looking back at this post from the future, I predict this will be a key pivotal point in the trend where the...
With the recent talks of memecoin super cycles, PEPE is continuing to show structural support within its price action. We have our two downwards sloping trendlines. The green one is based on the candle bodies and the yellow one is based on the wicks. Both trendlines have been broken and the yellow one has been retested as new support. Price has also flipped...
After our recent post about FET having a monthly recovery it went on to finish the month with an over 34% gain! Here is a link to that post: Now we continue to see FET show bullish momentum based on how price has played with our Fibonacci levels. After resting our orange trendline as new support price rocketed to the upside to test the 0.236 as resistance. Then...
Ordi is looking very good with its current setup. Here are the main things that can give credibility to a continued uptrend. -Price supported at 0.786 of macro trend (blue fib line) -3D Doji printed on Binance -Price broke out of short term triangle -Price retested triangle and is currently holding as new support -RSI formed a bullish divergence near the...
Here was my last chart on Tia: Tia has a huge token unlock being released at the end of October. This has lead to lots of short positions on speculation of these new tokens being dumped on the open market. Therefore, will TIA be able to create a short squeeze to shakeout these positions? The chart right now very much looks like that could be a possibility....