brotoshee

brotoshee

Price floor of about 30 USD (VPVR node at 32 USD) broken for Solana. Eerie similarity between Solana's PA and Ethereum's past. Sol should hit 5 - 10 USD as per the fractal.

brotoshee

Buying BTC below the 2 year MA has always paid off. I think its a good time to begin nibbling instead of trying to time the exact bottom. I expect downward wicks to be around 25k based on the following: 1. General decline in volatility over time. expecting a 30% drawdown from the 2 y MA which is about 36k now. Puts the floor at about 25k. 2. Price barely touched...

brotoshee

Idea pretty simple. I personally entered at the bullish T-K cross at about 33k sats. Held my position so far since fundamentals on this project are strong. Looking for trend continuation as projects on avalanche rush get launched over this month. Their roadmap says they are also working on some exchange listings that will provide the extra volume needed to...

brotoshee

There is a huge narrative push that ETH might come close to flippen BTC. Here is one way that can play out that looks the most plausible. This should happen by the time BTC makes new all time highs. If you have experienced the 2017 bull run, you will know that alt/btc pairs take a severe hit as BTC makes big moves towards making new all time highs. You probably...

brotoshee

Has happened in the past, I dont see why it cannot happen again. I am not particularly excited about DeFi post EIP 1559, because the upgrade favors staking ETH instead of staking DeFi tokens. For example, you should do much better using a Lido-Crv-cvx staking mechanism over staking UNI. Remember lower ETH fees mean lower staking rewards for a lot of token...

brotoshee

In my previous idea, I had a bias towards BTC.D going up but was willing to change my opinion if one of these two happens between: 1. ETH and major DeFi show reversal patterns on the 12h charts AND 2. BTC continues to be neutral to bullish . Well as luck would have it, both 1 and 2 happened so I have been scaling into alts slowly over the last few weeks. This is...

brotoshee

Litecoin setting up for an edge to edge move inside the cloud with a trend confirmation (bullish T-K cross). Should play out over the next couple of months. If price rejects the cloud, then it may take more time.

brotoshee

Looking at the ichimoku cloud setup, it looks like we may chill at these levels for a while till the end of this month before resuming. To follow the previous ideas based on the gold fractal see links below.

brotoshee

Chart is pretty self explanatory. If you have been following me, I had used the gold fractal to speculate on a reversal to the bearish price action from April to July (see links below). Though fractals are rarel 100% accurate, they give you a good sense of where price would roughly be. The price structure of BTC since october 2020 has caused quite a stir in the...

brotoshee

Ranging as expected from my previous idea. Link below. Had a killer run that ended with the bearish T-K cross. Long term trend has ended and chart confirms this. Going forward, upside will be limited in comparison to its previous performance. Downside risks are significant. Hence be patient. Enjoy the gains you have had so far and find something else to trade.

brotoshee

This is an update on my previous idea. An ascending wedge is playing out which typically breaks above the upper line of resistance to reach the 1.23 Fibonacci level at the very least. If this happens, it would honor both classical TA, as well as past chart patterns on BTC.D. RSI should also hit 70 like it has done several times in the past. This seems to be the...

brotoshee

Here is an update on my previous idea. The fractal pattern is playing out well. While my last chart was on the weekly, on the daily, I see what appears to be the beginning of a bullish divergence on the RSI. This means that bearish action is losing momentum. To confirm this, we need to see a bullish divergence on the weekly too to suggest we are on a secular...

brotoshee

Here is my idea that uses history starting from 2017. BTC should be on an uptrend. ALTUSD charts should go sideways / up but wont keep pace BTC Happy trading

brotoshee

Chart is pretty self explanatory. In my previous ideas, I had published some bear-to-bull scenarios that seemed to have played out well. I have to admit, while I got the overall trend right, I did not predict the price drop to be that significant. Lets see how this one plays out! Cheers

brotoshee

Seems like the bearish breakdown signals from my idea on March 17th were right. However, breakdown happened a lot slower than expected. But is the bull run over? Price did break down below the 50 day MA with a tap on the 100. During the 2017 bull run, trend would only reset after a tap on the 200 day and in my opinion that is inevitable. This should open up an...

brotoshee Updated 

So how do you draw horizontal lines while trading Crypto? I cannot stress enough on the importance of VPVR when drawing support and resistances. Here I present and example using BTC: In 2020, most people were showing 14000 (2019 top) and 20000 (2017 top) to be areas of resistance. TA and patterns only work if the assumption behind those TA systems and patterns...

brotoshee Updated 

Taking an ultra-long term view of litecoin’s price action with respect to BTC, I have marked the following price actions: 1. LTC/BTC high at bubble top (~ 0.05 in December 2013, ~ 0.025 in December 2017……50% lower) In both occasions, price was above the Tenkan, 1.9x above in December 2013 and 1.67 x above tenkan in December 2017. 2. LTC/BTC high during halving...

brotoshee

This is an education based on the LTCUSD chart that I posted today. I have also linked my previous education idea down below where I want to drill down one key fundamental: Participation matters, price DOES NOT. DO NOT get emotional seeing price (low or high), look at the participants to see how many people are buying/selling at these levels. Price DOES NOT...