dudebruhwhoa

dudebruhwhoa

YFII changed direction last time we visited this area, but we are back. A successful hold above this level indicates positive upside, and there is potential for a double bottom here. A prolonged move below the horizontal line suggests we are still in a downtrend. Keep an eye on this.

dudebruhwhoa

HBAR is nearing the bottom of the channel on this downtrend. It may continue down for a bit to around 225 sats or slightly lower/higher, and then we should see some bullish movement, at least back to the mid-point of the channel. I expect this thing to turn around, but a break below the channel here invalidates the idea and confirms further downside.

dudebruhwhoa

Idea about direction shown on the chart.

dudebruhwhoa

Tread & trade carefully, BTC volatility is up. This is good for short term trading, until it breaks out of this channel in either direction. Easy short term trading ranges - buy at stopping points near the bottom of the channel, sell at stopping points near the top. Long-term, the big question is do we continue to follow SP500 or do we finally become a hedge...

dudebruhwhoa

Curve's massive downtrend is rapidly slowing as it bottoms out, and buyers are starting to trickle back in. A nice uptick overnight/this morning, so far > ~20%. I believe curve will actually live up to its namesake and start to curve back into an uptrend relatively soon. Keep an eye on this one.

dudebruhwhoa

Potential double top forming now, confirmation could lead to further downside, and if that downside reaches the March bottom, we confirm another double top on the larger time-frames, leading to a much more prolonged and pronounced crash than seen back in March this year.

dudebruhwhoa

If we stay within this channel there's a decent chance for gains up to ~67%

dudebruhwhoa

We've had a recent shift in movement in HBAR, chart suggests we'll reach somewhere just below 450. Note - I actually expected this to go back to bottom again before moving up, which is still certainly possible, but if we break above this channel, the monthly does look like a giant bull flag and this thing could really see some movement. We've had quite a few...

dudebruhwhoa

Relatively new coin on Binance, not much history to go on. Marketcap is at 7.2 mln USD, volume has been super low - less than a million per day, ~198 million coins in circulation. Seems like this has a lot of room to grow, let's see if it happens, a little volume could go a long way and very quickly.

dudebruhwhoa

Below 26 = further downside, feel like it’s going much further down soon. Sorry for the quick post with no drawings. Did this from my phone - pattern is very clear

dudebruhwhoa Updated 

Looking back at Curve over time, we formed a downtrend within this parallel channel, and have yet to have exited the channel. We are approaching the bottom of the channel once again, and above is just an idea for what I think it may do moving forward over the next few days/weeks. CRV likes to make inverted head and shoulders, followed by volatile moves up...

dudebruhwhoa Updated 

Just an observation, BTC has done this over and over before, will it be different this time?

dudebruhwhoa

Attempting now to break out of triangle after reaching new lows, needs to break and stay above purple line, otherwise may test bottom of triangle again. A clear break above should take us to 22, 25, 28 or higher, see fibs and parallel fibs for targets. Break below yellow line may send us down to 15s or lower

dudebruhwhoa Updated 

We hit one adam and eve reversal pattern that went up approx 71% the length of the eve formation. It looks like we are doing it a second time, short term target approx 22330 sats (where the second cross is) If we move passed 22660, further upside is possible.

dudebruhwhoa

Bearish - a break below the wedge may head further down, and if we break below the horizontal line, we've confirmed a double-top and may revisit all time lows. Bullish - if we stay within the wedge, above the area being tested now, a return to all-time highs or higher is possible Side note - a triple top is another bearish scenario that could possibly play out...

dudebruhwhoa

Quick swing trade idea

dudebruhwhoa

Just an observation, bullish 1M log / line chart idea, levels roughly drawn by hand

dudebruhwhoa Updated 

Yesterday we had what looked like a parallel channel uptrend forming, it has flipped and formed a downtrend. We still have a parallel channel at the moment, any further down from here invalidates this channel too.