W3rN0tAl0n3

W3rN0tAl0n3

Expect a dip to about $40,000 to complete the right shoulder of the inverted head-and-shoulder pattern taking BTC to The Weekly 200sma, 200ema, and 100sma, all of which sit on the macro ascending trendline the same region. Ultimately this would take BTC to around the $300k region next year if pattern plays out and BTC aims to tag upper trendline. Be cautious with...

W3rN0tAl0n3

With governments nearly out of money, economies still shaky from pandemic which is still ongoing, the Evergrande debacle, the continued war on crypto China is waging, a government shutdown looming, rising inflation, and numerous other economic impactors weighing on markets, a chart like this becomes all the more possible- *risk management

W3rN0tAl0n3

We'll see.

W3rN0tAl0n3

Unbelievable, the line up on nearly all the notable price movements since the initial "big-drop" in early 2018 is pretty incredible.

W3rN0tAl0n3

BTC hitting both price and dominance% trend lines at moment.......decision time.

W3rN0tAl0n3

Self explanatory

W3rN0tAl0n3

While the market doesn't have a bullish posture whatsoever, the 3-day 50/200 Golden Cross is just about to occur which usually would be super bullish, remember the same 50/200 Death Cross in November that caused last year's fallout. The cross will definitely occur on the 30th candle but will market react? Consensus seems to be to $8500 before rebound, but history...

W3rN0tAl0n3

Oh the carnage will be beautiful when the house comes toppling down! :-) If we don't break 9850- 7k here we come!!!

W3rN0tAl0n3 Updated 

You can see on the chart, going back a couple years now as that is the 3-day, CTST is printing a 9 (multiple time frames) and is at the base level that it has held and reversed from every time thus far- if history is any indication, we should have another ride up- just an idea, DYOR

W3rN0tAl0n3

Possible H&S top formation here- we are below the 4-hour Bollinger Band median and BTC is showing some weakness after being rejected from 9400 region. The case for 10k or higher can still be made however quite easy and this could be nothing more than just a small breather before resuming uptrend, but the bearish posture must also be acknowledged in one's analysis.

W3rN0tAl0n3

This possible fractal supports the case for the bulls taking us to at least 10k, possibly as high as 12.5k- The circles are colored to correspond to the equated movements of the fractal

W3rN0tAl0n3

Support is holding at trend line currently however if BTC takes a dip, ETC may execute the flag past trend support- just keep an eye on. Atlatis upgrade in like 5 weeks so shouldn't go down too much I believe.

W3rN0tAl0n3

Yup, ZEC popped off it's 5th wave as expected and is still trying to add a little more now before starting a corrective wave structure

W3rN0tAl0n3

Bearish engulfing candle, but holding support from down-channel formed yesterday that it broke from as well as holding above 4-hour Bollinger band median, 4-hour and daily EMA bands- That said, a small correction to 8700, 8500 isn't out of the question- next hours will tell- all the best and DYOR, ;-)

W3rN0tAl0n3 Updated 

And Chainlink is available to trade at a couple US exchanges including Huobi_US so if anyone is worried about not being able to trade Binance in September and only wants assets they can liquefy in the US this is not in any danger.

W3rN0tAl0n3

ADA looks to be setting up to break out- fundamentals are beautiful, technicals line up, sentiment is good, and timing is right.......only Cardano could blow this, ;-)

W3rN0tAl0n3

Depending on how one draws their trend lines , we could be heading to either $10k in point A which uses the very tips of the wicks and forms an broadening megaphone pattern, or we are already at the top of the channel which uses more candles for contact points on trend line while having a few overshoots- if this is the structure we should head to point B around...

W3rN0tAl0n3

Here we are again with BTC extremely oversold - this is the 4-hour chart so it doesn't require a massive pullback, however with this clear double top I believe BTC will retrace for the night before either resuming tomorrow or continuing to rest (sideways to slightly down) . Pulled into cash until the dust settles.