dudebruhwhoa

dudebruhwhoa

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...

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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,...

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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...

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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...

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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...

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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.

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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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...

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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...

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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...

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

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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...

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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!

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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...