Here we have an amazing development on the 2W chart for OP. Most people do not watch the 2 week chart which is why this will probably fly under the radar for most, but here we are providing you with the most up-to-date content. We have a dragonfly doji forming on the 2W after a 112 day downtrend (>3 months) and after a capitulatory event. This absolutely looks...
With BTC's recent pump over the weekend we have seen a gap form. We have been monitoring these gaps in this price rage as they have been extremely relevant and usually get filled. Here is that previous post: Of course, some major world events have lead to this increase in price most likely on the increased probability Trump becomes president, but either way...
The market structure is developing strong signs of a foundation being built before the next moves to the upside, but will a short term move down provide an opportunity for additional liquidity. It seems we are creating some sort of rising wedge on the 4H in addition to some short term weakness on the RSI. Normally, rising wedges (or in this case could be looked...
Shib is another meme coin that has showed recent strength. On the monthly timeframe it has perfectly retested the 21MA as new support and should be ready for continued upside.
TIA is one of the coins showing the strongest rally from the lows. Up almost 68% in just a few days. This is an update to the previous post above. What we can see happen was TIA wicked below our bull market liquidity zone briefly before recovering the same day and absolutely taking off to the upside. This was most likely a liquidity hunt before the $11-12...
On the daily timeframe WIF could be looking for a reversal. We see a bullish divergence forming on the daily RSI + a doji candle was printed yesterday.
Pepe has shown tremendous strength since the start of 2023. Currently it looks like PEPE is trying to form some sort of Elliot wave pattern similar to DOGE's explosive run last bull market. Something to keep an eye on.
Solana continues to show strength and bullish accumulation between $115-$125. This is significant as it was a level of old resistance that has seemingly been flipped into new support.
On the left we have the BTC chart and on the right the ETH chart. The BTC chart is from fall 2023 when BTC ETFs began to be filed and the hype about those ETFs lead us on a monumental uptrend. From a chart perspective BTC had a double top followed by a double bottom (blue line/ green arrows). When price created that double bottom, that is when BTC ETF...
ETH is currently trying to break the neckline of our W pattern. This neckline is in alignment with our micro 0.786 fib level. A break above has a technical measured move of $3,350.
Massive update for OTHERS: 0.618 was defended as a support level. This most likely will be the last liquidity test for lower cap altcoins before the parabolic bull market begins.
One quick note I want to make on the incredible market structure that was just created during this 2024 "Black Swan event" (Mt Gox + German Gov). Total 2 just made a significant statement that could very well mark a low. It retested a critical level of old resistance that was tested exactly with the wick to form a low. That level of resistance was established...
All BTC gaps have been filled on the lower timeframes. Gap #1 was created around GETTEX:64K before we dropped to a low of $58k. Price filled this gap and failed to climb above. This caused BTC to drop lower to fill our lower gaps. This second gap was created upon the impulse to the upside to fill the first gap. This was filled and BTC continued to descend to...
Here we have a very clean and simple BTC chart to look at. It is a giant symmetriacl triangle (blue trendline) that has been forming for the last 3 months with 4 touchpoints to the upside (red arrows) and 2 touchpoints to the downside (green arrows). Based on this chart, we should be seeing a move back towards the top. There are two scenarios that could play...
Right now the DXY, (US Dollar index), on the left chart has hit a critical trendline (yellow trendline). This doesn't happen often as we have only tested this trendline 5 times since November 2022. Each test of sell pressure is represented by a red arrow. Every time the DXY has sold off from this trendline BTC has had major rallies. This is indicated by green...
We have had an incredible pattern form for the Bitcoin dominance chart. Right now it is in the process of breaking down from a rising wedge pattern. This could indicate an explosive altcoin season as altcoins gain dominance over Bitcoin during this period.
Really interesting development for TOTAL2 (cryptomarket cap excluding BTC). We used this chart to predict the breakout in 2019/2020 and so far we had the exact same setup happen in 2022/2023. Now that we have been going through the expansion phase, marketcap has had a brief stallout period the has formed some sort of symmetrical triangle (yellow lines). What...
Here I wanted to update our Tia chart and outline a few of our old predictions that have acted as important levels. Where we predicted TIA's next top two weeks before it happened: Major Liquidity Zone Identified: (S&R flips) Now, lets look at Tia's current structure. The most important level where we have seen institutional interest is between $5-$7.40....