dudebruhwhoa

dudebruhwhoa

Here's a scenario where Bitcoin forms a bearish head/shoulders pattern within its parallel downtrend, before breaking out of it to reach 40k. One option has it stopping around the expanded flat's 1.618 one last time @ ~18.3k. Option 2 gives us a new low beforehand around ~11.7-12.5k. For either of these scenarios to play out, Bitcoin would first need to lose...

dudebruhwhoa

Ethereum is re-testing a wedge breakout on the 4H chart. Remain above the top and at least the first two targets above could remain in play. Nearly hit TP 1 yesterday.

dudebruhwhoa

Previously posted about Ethereum repeating the same pattern it made to get here (on a smaller scale - see related chart linked below). Assuming we hold above approx $1935, we can see a 1.5x measured move to around $4440 ending in August, or $4740 ending around October this year. If we happen to get back to previous ATH sooner than that, Ethereum could move...

dudebruhwhoa Updated 

This is an update to a previous post. RLC / BTC saw a strong reaction, bouncing hard off the neckline of the inverted head and shoulders on its 2nd re-test attempt. The 1st attempt nearly failed but also reacted strongly. Now we're forming a parallel uptrend as it works its way to the TP 1 of the HSi. Reaching TP 1 would confirm a breakout of that as well and...

dudebruhwhoa

Daily Inverted HS with a TP 2 near 11 dollars Weekly Wedge or Double-Bottom with more conservative TP 1 and 2. See related BTC pair chart linked below, which supports more aggressive targets for the USD pair here.

dudebruhwhoa

Wedge breakout occurred, head/shoulders here that has: - success = re-test top of wedge - failure = reach halfway point to wedge's TP 1

dudebruhwhoa

Hedera vs. Eth could see a double-bottom reversal here, which has a 2x target that lines up exactly with our last major weekly highs. Should it actually reach there and get and hold above those highs, a much larger move could come into view.

dudebruhwhoa

Well, it would def be nice! Big, if true! :) I actually posted something like this before, but the HSi's right shoulder is now parallel with the left one - that is, if... it stops here instead of making a double bottom or a 3rd bottom that is yet again lower. Silly ideas sometimes work out, let's see.

dudebruhwhoa

Quick chart, heading the full 2x measured move down would take it to a re-test of the W it broke out of. Else, up.

dudebruhwhoa Updated 

Multiple levels on the trend-based fib-extension for an expanded flat correction line up perfectly with the pattern targets for a falling wedge breakout and a proposed impending break of the parallel downtrend.

dudebruhwhoa Updated 

HBAR should be making a decision here soon. To reach targets it needs to cross the neckline above and hold above it (approx 9-10 cents). If successful, the next move should target somewhere in the middle of weekly resistance. Alternative decisions: - a move back down to weekly support or even back down to the stronger section of that around 3.7 - 4 cents -...

dudebruhwhoa

See chart for details, I typically post HTF charts, this is a 30 min chart.

dudebruhwhoa

Grayscale Ethereum Trust ETF appears to be forming a giant head/shoulders. If it continues in that direction, this would make it bullish in the near-term, up to around 20-21. After hitting 20-21, pay attention to whether it succeeds or fails in confirming the pattern and the succeeding in staying below neckline lows or failing and moving back above the right...

dudebruhwhoa

Embracer may be forming a triple bottom here. Confirmation above the neckline, targets on the chart for 1x, 1.5x, and 2x measured moves up if confirmed.

dudebruhwhoa Updated 

Quick idea here, I love repeating patterns. Is Ethereum doing that now? Look at the similarities on the chart. If this is the case, we can expect a move back up just below ATH, and then potentially a move towards a new ATH at >7k. Depending on where the present candle closes, the neckline of the W may need adjusted to be more diagonal, which would lower...

dudebruhwhoa

The eth/btc pair confirmed an inverted HS a while back, and hasn't yet reached its TP2 (or a 1.5x measured move from the neckline). It hit TP 1 and has since consolidated between TP 1 and the 0.5x halfway mark. It may get a chance to test that area again, potentially even falling into the Accumulation Zone shown on the chart, which might be a good spot to...

dudebruhwhoa Updated 

Others dominance will make a decision soon: 1.) Bearish Head / Shoulders moving significantly lower 2.) Bullish Falling Wedge moving back towards ATH

dudebruhwhoa

Tesla looks bearish, a confirmed Head / Shoulders already moved down to its 1x measured target, TP 1. For a bullish outlook, it first needs to get above the resistance area and the neckline of the Head / Shoulders pattern, but before we could consider reaching previous ATH or even a new ATH, it would also need to cross and hold above the right shoulder. More...