dudebruhwhoa

dudebruhwhoa Updated 

Copper Futures broke out of a falling wedge and it re-testing the top of it, right around a daily support level at ~4.35. Hold that level and expect a move up

dudebruhwhoa

HBAR loves to repeat patterns. Here's a new one, take the circled area, blow it up and overlay over where we are presently, and the similarity bears a striking resemblance to just prior to its last major move up.

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Good chance this will get filled considering how large it is, and considering that most daily fair value gaps on Ford have been filled in recent history. A long play into $12.5-13 seems reasonable here. Not trading this one myself, just noticing it and saving the idea to see how it plays out, I primarily trade spot, not options. Example of prior gaps getting...

dudebruhwhoa

A lot of notable traders are calling for Bitcoin to drop to 44k or even to around 20.5-21.5k towards an unfilled daily CME chart gap (see daily CME chart below). Before getting into my thoughts about whether or not we move up or down here, let's remind ourselves of some things: 1.) Bitcoin made its first new ATH back in March 2024, after closing right around the...

dudebruhwhoa Updated 

Just a simple symmetrical triangle pattern with initial measured targets for either scenario: Breakout - targets just below 85k Breakdown - targets just below 40k Good luck!

dudebruhwhoa

Posted a bullish scenario for Others.D recently. Here's a super bearish one. Head and shoulders formation, not yet confirmed, confirm by crossing the neckline and remaining below it on re-tests. Targets = 3.1% and then 1.83% approx

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Others.D reclaimed a major support level (the thick red line) with the weekly close and recent daily closes, including the monthly close earlier today. It is presently pushing on the 200 day EMA, get back above the red box above ~10.75% and hold above the 200 daily EMA and MA, this could mean altseason is starting

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BTC Dominance has formed a rising wedge right into weekly resistance. If it loses local support around ~54-55%, it may drop to weekly support around 44-47-49%. This could mean the entire market drops hard, or if Bitcoin holds up for the most part, it could instead mean a potential run for altcoins. Bitcoin dominance breaking 59% and holding above it invalidates...

dudebruhwhoa

Just noticed this, no drawing here - TradingView's built-in cup and handle indicator is drawing a bullish cup/handle on the weekly Bitcoin chart, targeting 124k approx. Neckline is around 67k, which should be our next target if Bitcoin can hold a local support level between 60-62.5k and not lose 56.5k on the weekly. Here's what that looks like on the linear...

dudebruhwhoa Updated 

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...

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Many alts are making new ATLs or are at lows against BTC presently. Others dominance has been in a parallel uptrend since breaking and holding above ~4.5% and reaching levels above 10% market dominance for the first time back in 2017. We haven't quite made a 3rd touch to confirm the channel during more recent lows in June of 2023 and again in August this year....

dudebruhwhoa Updated 

Should this play out, it could see a significant run up against Bitcoin. Presently the lowest wick on this 3rd bottom hit directly in the center of the previous two. It may continue lower beforehand, or it may already be done bottoming.

dudebruhwhoa Updated 

Simple weekly chart depicting buy zone around bottom of a parallel downtrend, contingent upon Bitcoin and its greater market holding up

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Litecoin continues to hold this long-term diagonal support, having only once wicked below it during the March 2020 black swan. During the last two months of June and into July, it re-tested that diagonal and got quickly bought up. Chances look good that it goes for another test of the horizontal resistance around 408 dollars, or at least most of the way...

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Looks like we're repeating the same pattern that we did before the last leg up that moved from 4 cents to 10. May not actually play out exactly the same, so timing a move up to Sept or November isn't necessarily what will occur. That said, if this idea is correct - we've already gotten the LL and a re-test of the previous HL. So, when we finally break out and...

dudebruhwhoa

CRV has a clear falling wedge on the weekly chart (this is the linear price chart not logarithmic). Measured breakout targets line up with at TP 1 at the bottom of weekly resistance and a TP 2 that is slightly above the wick high top of weekly resistance. Best of luck!

dudebruhwhoa Updated 

Very simple theory. 53.2k has been an area of contention for Bitcoin. Hold above it to remain bullish, lose it to continue down. It became bearish when it lost 53.2k back in November of 2021. Just prior to that it tested that level after dropping from its April 2021 ATH, dipped, and then broke above it to make Nov 2021's ATH. Back in February of this year...

dudebruhwhoa Updated 

Lose 56.5 by tomorrow's close (3 daily chart), or the weekly close, and we could target at least 45k and possible weekly support (green box starting at ~44k), or even a dip below weekly support to just below ~40k. Good luck, this idea is invalidated if we bounce off of 56.5k or higher and move back above 67.2k