1 hour of TA. Hit the BOOST to support if you like this. Enjoy 👍. Not advice
WIF #108 Meme coins have been decimated since November and dogwifhat was recently down a whopping 92% since November high. This coin was a pump chaser favourite this time last year and if it pumps again then it could yield significant multipliers from down here. It recently had a small bounce from the 1:1.618 Golden Window extension. This extension is often...
Looks like it may be a leading indicator for crypto yet again. Bitcoin is often first to breakout from corrections. But in the previous correction MSTR broke out sooner and stronger than Bitcoin. This is because MSTR is effectively a leveraged Bitcoin stock. And so it is higher risk. Higher risk assets tend to make their move first both in bullish and bearish...
Bearish times ahead with bounces along the way 🪓. 40 minutes spent on this chart, so if you like the effort then hit the BOOST and leave a comment if you like 👍. Not advice.
This market cycle has by far been the most complex for the timings of altcoins. It would appear that the "good ol days" where they all moved together and you can buy any coin and make profit are in the past. There have been quite a few coins that have had very bearish phases, long downtrends late into the cycle; moving against the overall market. Meme coins did...
XRP with Bitcoin overlaid. Its been a very pleasant ride up since buying @BTC 0.786 retracement as described on my linked Bitcoin thread; up 12%. Notice how XRP pumped with Bitcoin since that 0.786 low on 18th February. I informed you guys on TradingView before my dip buy on my linked Bitcoin video . But Bitcoin is becoming choppy and its due one more...
ILV/PYR (BTC) Here's an interesting TA based on the relationship of two low rank game coins in tandem with dominant charts; Bitcoin and TOTAL. This chart is Illuvium against Vulcan Forged without attachment to fiat. Bitcoin is overlaid. ... ILV and PYR are very similar coins with similar chart structure. But ILV appears to be more volatile. A return to the...
Here's a video showing in detail my work in this area. Its a highly complex area so never say never... But it would appear that another market smackdown is in the pipeline. I spent an hour of my day making this so if you like it then hit the BOOST to support my work and more traders will see it. Enjoy 👍 Not advice
Quite a clean setup here. PONKE has had a heavy whipsawing pivot at the reverse 1.618 Golden Window taken from the 2 extremity pivots of accumulation . This topping pivot also prints a bull trap shakeout through the upper wedge trendline; tapping into higher liquidity beyond, triggering stop losses, then ripping back again. And now PONKE appears to be breaking...
ADA has been doing great this cycle and has been one of my favourite charts to read. Here it now looks like a wave 2 of 3 has completed. Notice the wicky wicky action above both resistances. That is distributive liquidity tapping action and a Wyckoff UT UpThrust. If you've been keeping up with my Bitcoin thread you'll know that I called this wave down on...
This current fractal appears to be a limp and distributive Inverted Creek (Wyckoff), with a whipsawing Golden Window failure (0.618-0.786). The upper pivot printed in an area of higher liquidity within the retracement Golden Window and beyond the Supply Trendline. So there is double the liquidity in that area ; lots of traders with their stop losses /...
Had a very strong bounce but it now looks like that will be a connective wave since it printed a whipsawing Golden Window failure. $584 - $548 retracement Golden Window might be a great dip buy. At $556 there is a double 0.618; extension and retracement. So if I had to throw a dart at the board for the next bullish pivot, I'd go for there. A lower low is not...
AVAX #13 / (BTC) Has been very sleepy throughout this correction. I quite like the structure: - It has hit the retracement GW. - It had a double stab down before Bitcoin and as Bitcoin made a lower low, AVAX made a higher low. - The whole are looks like a bowl = strong. - It looks to be completing a lower time frame 1:0.618 GW 3 wave correction similar to...
Plenty of low time frame chop in this recent area. We first had the "c'ya" upside shakeout (first red arrow) where volatility significantly increased to that of crash structure. This was similar to the volatility that we saw in early February that led to a real crash. But this smackdown became what I call an EC Exhaustion Climax. If we're using standard...
A 3 wave upside correction gets all the juices flowing in non technical traders who come rushing into buy. The deceptive aspect of this wave is that the 3rd sub wave is an impulsive 1:1.618. To the untrained eye this looks like a runaway train. But in fact the sudden increase in volatility is a signal that the trend will quickly exhaust. The Wyckoff slightly...
MARA Has been slumping for quite a while, and now a Wyckoff slightly lower low just printed with bullish divergence coming in. Its also nicely within the retracement Golden Window; the most likely ratio area for a bullish pivot. So this is now an ideal position to buy! A conservative approach would be to wait to see if Bitcoin prints a retracement Golden...
#652 Low rank and ultra volatile Assemble AI is printing a shallow descending wedge. It looks like it might be a bull flag with plenty of pop. Not advice
Very bearish content is now circulating here, YouTube Twitter etc So my technical perspective is currently in the bullish end of the spectrum except for crypto fanboys that always post bullish. But there is significant danger because both Nasdaq + S&P + Dow Jones and TOTAL have hit significant long term 1.618 ratios. TOTAL: Nasdaq Futures: S&P...