dudebruhwhoa

dudebruhwhoa

Quick and simple chart showing shorter term targets for the HBAR daily chart, bull and bear, with support and resistance. I think there's a good chance at this point that we hit the area within the green box, likely on the dot on the top and bottom, prior to moving up. However, there's still a possibility that we reclaim the uptrend recently lost, after having...

dudebruhwhoa

Embracer could be forming a double bottom here, but it would need to get back above 23.5 first, where it has also confirmed a head and shoulders pattern targeting 17 and then 15. Should it move back above 23.5, it would still need to get above 30-31 before a double bottom could be confirmed. Should that occur, it could target the area where it was prior to the May crash.

dudebruhwhoa Updated 

I've posted about this for a while now, DXY is presently negatively corresponded with multiple markets: Gold, Bitcoin, Dow Jones, etc. Should that negative correspondence continue and DXY makes a move back above 105, confirming a failed Head & Shoulders and then heads to 112 -> 118+: - Gold may confirm a bearish triple top and lose nearly half its value. If...

dudebruhwhoa Updated 

Remain above the yellow line = failed HS, targets are the two red lines. Fall below the yellow line and the grey diagonal below it = successful HS, targets are the two green lines.

dudebruhwhoa

Sometimes it helps to look at things from a different perspective, so here's one of those: Bitcoin weekly inverted chart looks like a confirmed cup and handle targeting resistance (support). Just for fun, enjoy! :)

dudebruhwhoa

Synopsis looks topped out, RSI divergence as confluence. Short targets are around 375 as TP 1 to 350 as TP 2. To play it super safe, short to ~418. Simple setup, good luck!

dudebruhwhoa

If we look at INDEX:ETHUSD from a bearish perspective, it shows potential for significantly more losses. There is a rising wedge that has 1x and 1.5x targets around -720 and ~520 on the logarithmic chart. The linear chart's rising wedge targets ~350 or near to the log chart's wedge target's 2x measured move down, which lies just above around ~375. The...

dudebruhwhoa Updated 

Hedera Hashgraph daily chart may be forming an inverted HS here targeting at least 10-11 cents, and possible 13.5 or so. This idea lines up with other longer-term charts published, which also target 10-11 cents and expect a move back into weekly resistance should that level hold up. See related ideas in the links below.

dudebruhwhoa

Bart Simpson has returned, he's upside down. Bitcoin has a tendency to "Bart". Today that tendency has returned. Could we see a full recovery? Possible. Also possible we reach somewhere between 27.5-29k or even 31-32, and then back down to 24.3-24.7 before really heading up. Let's see! Yet again, the published image doesn't match the chart, so here it is:

dudebruhwhoa Updated 

Stock and Crypto markets should be aware that, while DXY appears to be in a free fall lending fuel for the recoveries we've been seeing across markets, it could yet turn back up - thus greatly shortening the fuel for these recoveries. Scenarios: - Very Short Recovery across markets -- DXY turns up here somewhere between the middle of the weekly or monthly...

dudebruhwhoa Updated 

Major update to an older post. DXY is approaching monthly support and will soon make a decision on whether or not it moves back up to 105 -> 112 and above. RSI is diverging bullish, and also maintaining a long-term uptrend, thus far. This could indicate that monthly support holds and we see a strong move up soon. On the other hand, should it lose monthly...

dudebruhwhoa Updated 

Unconfirmed cup n' handle pattern on the 1h chart for BINANCE:HBARBTC What is confirmed? - We have a cup - We have a handle - We broke above the handle and have held above it - We've held above highs near the early formation of the left side of the cup What's required to complete confirmation? - Break and hold above the red line at 256 (252 was the...

dudebruhwhoa

This is Bitcoin's first crossing of the 50 week Moving Average below the 200 week Moving Average, during its history. The last time we came close was just prior to the 2016-17 bull run. The difference then is that it never moved below. Could this act as a catalyst to recover back above the 200 week MA, and become bullish, or is this signs an extended bear...

dudebruhwhoa Updated 

Lower timeframes don't look quite as similar, unless you look at the 2h TF. The daily here has some striking resemblances though. I am bullish on Bitcoin here, but I like to consider alternatives, and there could be a pretty decent case made that Bitcoin is about to enter Phase E of distribution and make a strong move down.

dudebruhwhoa Updated 

RSI and MACD have been diverging from price. Expecting a correction to at least ~11%

dudebruhwhoa Updated 

Quick mini update on HBAR / BTC pair: Broke above a falling wedge on the daily, reached TP 1. Since then it has maintained above the little green support area drawn on the chart, and should be moving up to 216 sats or TP 2 next. This lines up with the 200 day EMA after getting above the 50 day EMA/MA. 229 sats could also be reached if it hits the 200 day MA

dudebruhwhoa Updated 

HBAR's market dominance looks like it wants to move towards 0.9 -> 1%. This would be a pretty massive increase in its position in the crypto total market. Weekly dominance has held around the same levels for quite some time now, with a previous breakout that moved back down to support. It has since broken out a 2nd time. RSI and MACD indicated this...

dudebruhwhoa Updated 

HBAR will remain bullish as long as it remains above the wedge it broke out of. This is a re-draw of the previously posted wedge that I think makes a bit more sense. Should it stop moving down anywhere above or within the green box, I'll expect it to continue up towards targets marked on the chart above - TP 1 and 2.