The daily chart should be headed to ~5 and then ~6 dollars give or take. It already has a confirmed double bottom that is currently re-testing its neck after reaching the top of the larger wedge here and getting stopped there. If LTFs moves down to re-test 4.27 or even a pullback below it around the EMAs occurs, and these levels are held or reclaimed as...
Just a quick post noting the similarity of these two, they are moving in near lockstep. Presently HBAR is moving slightly after XRP. This will flip flop over and over though, as you can see on the chart - at times HBAR will move before XRP. Good to watch both if you are wanting to know what one or the other may do next.
Bitcoin weekly basic patterns and measured targets shown to work well over time. Present pattern with unreached targets in red (bear) and green (bull). Good luck!
Bull and bear targets on the chart. Conditions for Bear - lose 91.4k and fail to reclaim Bear Targets TP 1 and 2: - approx 77k - approx 71k Conditions for Bull - reclaim 102.750 and hold above. Bull Targets TP 1 and 2: - approx 122k - approx 133k
The daily has been forming a rising wedge, which had a failed breakout back in early-to-mid November. A failed breakout makes an actual breakdown even more likely than it already is for this pattern. I'm expecting a move below 40 and then a stronger move down: TP 1 = 24.27 TP 2 = 19.06 Invalidation of this short would be a 2nd and successful breakout (so, look...
Short-term: Bitcoin is in a parallel channel on the 4h chart. Break above the channel to head towards 120k and continue making new ATHs Break below the channel to re-test 85-90k. Long-term: Bitcoin is likely going to approx 132.5k, as shared here:
Remain in the channel to break 4k: , break down from the channel to test 3k or lower. break out of the channel to move to and above 5k break down from the channel to test 3k or lower
If Others (non-top 10 altcoins) marketcap can remain above 350 billion, it may head up to 1.72 trillion and an initial target and then 3.8T from there, a nearly 10x move from where it presently sits. Prerequisites is Others.D holding above ~10.5% or if moving below that, not moving below 9.15%. And, BTC.D remaining below 60-61%
Two simple reasons why Bitcoin's secondary macro target from two different patterns lines up with roughly 132.5k. Could we go higher? Sure, but this is a good measured macro target for this cycle. An old W or double bottom pattern which successfully targeted 62.8k as a macro TP 1 during the last cycle's top, points to a macro TP 2 of 132.5k. A parallel...
Bitcoin dominance made a triple tap triple top around 61% and then dropped below the 50 and 200 daily EMAs and MAs. It is presently testing old support as resistance and has reclaimed the 200 daily EMA and MA, but has failed to reclaim the 50 day EMA and get back above 58.25%. It is still possible it reclaims the 50 EMA and MA and breaks through resistance,...
If BCH can break the diagonal and hold above it here, it will likely also break 1442, which would confirm a double bottom targeting 24.3k as its target for a single measured move, and could go a lot higher. Alternatively, if it fails to get above the diagonal, it may test 85 dollars yet again. The BHC / BTC pairing also looks like it has bottomed or is in the...
Some simple bullish targets (yellow) for Tesla, conditioned upon remaining above the white neckline and getting and holding above the red one. Simple bearish targets (orange) are conditioned upon losing the white neckline, and then dropping and losing the green one. Nearer term bear targets could also simply be the white line, the green line, or the area of the...
Publishing a monthly support and resistance chart, a weekly view of that chart - with targets - that I've been sharing for a while, so others can follow along. This in addition to the parallel S/R chart that is already published here: With an updated snapshot of it here (targets adjusted for where it broke out): Possible areas of local support if any dips...
Ethereum stands to gain ground vs Bitcoin if it can get and hold above the red line above. Targets on the chart. If it fails to get and hold above the red line, it may re-test the green line first before moving up. If the green line is tested and lost, expect equally measured moves to the downside instead.
Promising company, promising tech. Looks like it already bottomed, if not in the process of bottoming. CEO came from NASA Ames research lab, invented micro-satellites. Found much cheaper ways to produce them, put a large (if not the largest) array of them into low earth orbit and are taking daily high resolution photos of the entire planet + AI tools to analyze...
Weekly chart has a confirmed inverted H/S during the long consolidation from 2020 and 2021 highs, it successfully broke and then tested the neckline at $25.85 and then moved up. It's possible that 28.3 gets tested if it doesn't hold above the prior wick high at ~30.5. As long as 28.3 holds, and especially if 25.85 continues to hold, silver should move up to...
Possible repeating pattern to the leg up from 65 to 98k. Yellow arrow shows where we are in the same setup that is highlighted by the orange rectangle. If this is true, we'd see something like a drop from here to mid-to-low 80k range before finding enough buyers for the push above 100k. Long-term long, short-term short. Reminder that there is a daily CME gap...
Very simple chart and conditions for altcoins to gain or lose dominance vs Bitcoin in the present market: Others dominance needs to hold above ~9.15% and break and then hold above ~10.5%. Do that and it'll keep gaining dominance towards ~12-13% Lose 9.15% and fail to reclaim it a 3rd time and alts will continue losing market dominance vs Bitcoin, heading down...