dudebruhwhoa

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This is a simple theory that COINBASE:HBARUSD can be divided into two parallel uptrends on the weekly: one that acts as support another that acts as resistance When it first broke out of parallel support, it made a 2.5x measured move up, and then dropped back down near the 1.5x measurement, forming what would become parallel resistance after making a...

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COINBASE:SUKUUSD looking at the possibility of the beginning of a monster move up from a double-bottom within a double-bottom. High risk low cap - initial targets 3-4x if we get it. Potential for the 10x move conditioned upon confirmation of the 3-4x move. Daily double-bottom zoomed in below:

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The weekly uptrend was lost, it is showing some signs of exhaustion, and may correct soon in a way that could be beneficial to alts. Scenario # 1 - Bitcoin Dom gets stopped for the 3rd time at 54.1%, and moves down to make a final / higher low above 48.7 (still a lower low from its recent weekly low). Then it turns up hard to break through 54.1 on its 4th...

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Bitcoin broke out of its parallel downtrend here back in June of last year. That channel has a first target that is exactly equal with its ATH weekly close. I have an earlier post about this that is linked below. It has since formed a parallel uptrend and is presently looking like it may attempt a breakout. Should that occur, its TP 1 and 2 are halfway towards...

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HBAR looks like it is headed back down between 146-156 (or slightly higher or lower than this range), for a 3rd bottom and potential triple bottom.

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Bitcoin is very near golden crosses of its 50/200 MA (dotted lines) and EMA (solid). It is also just below resistance. If it is going to get a re-test near wedge top, where it broke out (green wedge), or near the 50 MA or EMA, it'll happen soon. It could just run to ~26 and ~30k, get those golden crosses, get above resistance and head towards double-top...

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Quick post - Possible path to completion shown above. Idea based on previously published weekly chart here:

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Monthly close is in a little over 5 days. CRYPTO:HBARUSD formed an Adam and Eve double-bottom on the monthly right at center and top of Monthly Support before breaking out to confirm that pattern and is now re-testing it for final confirmation or denial. Hold the monthly neckline at 7.3 cents and we can expect a move up towards Monthly Resistance as we get...

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I like to consider bullish and bearish scenarios, this outlook would be bearish for at least a couple of months, or even into fall of this year before returning to bullish again. Pre-requisite is losing a daily support area between 36.5-40k This is the 2nd time the 50/200 week SMA has crossed. The first time was a little under a year ago around early to...

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Bitcoin Cash was in a falling wedge for nearly five and a half years before it broke out of it back in June of 2023. Presently, it is re-testing the top of a dashed-line wedge drawn from wick to wick and has failed to reach the top of the solid wedge drawn from the line chart. Holding above the wedge could lead to an approx 5.25x move against Bitcoin from its...

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We have a double-bottom on the monthly, which also looks like Wyckoff Accum when viewed from the weekly timeframe. It has already broken out and initially targets around 58%. Should that move break through the resistance between 58 and 71%, it could confirm a giant Adam and Eve pattern which could easily send Bitcoin Dominance back near 100%; potentially...

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Weekly candle is trying to breakout of the inverse HS here. If it can do that and then get above the red box, it should move up to ~19.56 and potentially ~21.77

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Here's that image again as I am seeing it, it usually gets messed up when publishing a chart so I've saved it here: Though this is not coming out of a downward move, the pattern looks incredibly similar to Wyckoff Accum Schema # 1, and just coming out of the Spring, moving towards LPS and then SOS. We could see a strong move up for ETH here. I have shown some...

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Alt dominance may be repeating its prior pattern, where it wicked up to it's ATH after a series of drops, and then dropped hard before making a new ATH. I still question whether it will actually make a new ATH this time, but imagine it will at least revisit the area of previous ATH. Related idea linked below - a falling wedge breakout that is targeting previous ATH

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Bitcoin is in a parallel channel in an uptrend on the 4h chart. A breakout targets 50k on the dot. A breakdown targets 38.7k, which is near middle of a support level that sits between 36.5 and 40k.

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Just for fun: Here's a scenario where a 2024 market crash could coincide directly with the upcoming presidential election. The crash would be self-evident right around the time of the two party conventions and the first presidential debates (if those actually occur).

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If the weekly wedge is drawn from the line chart like this, it gives us a bearish rising wedge that has already had a weak and failed attempt to breakout from the top. Failed breakouts (or failed breakdowns) tend to be strong indicators that - if another breakout attempt doesn't succeed soon after - expect the breakdown instead. Should ETH see that breakdown,...

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Bitcoin Dominance may move down to daily support around ~48-49%. Confluence: It has failed to remain above 53.2%, which is the bottom of a resistance area Not pictured: it has also lost the 50 day SMA and is presently pushing on the 50 day EMA It has formed a smaller rising wedge as it moved into resistance and broke down from the bottom of that wedge...