gancor

gancor

Every cycle, when the weekly 233 EMA crosses above the weekly 200 MA, shortly after there is a circa 30% drawdown. That is happening now and is normal but feels more intense because 30% of 100k is bigger than entire price range of 2017 cycle. 2013 - 2017 cycle • 136 weeks from top to halving • 48 weeks to 233/200 cross • 37% dump from cross swing high • 26...

gancor

Everyone is in despair but I think it is just that simple to be fair. Right now reminds me of the sell off in 2017 from 4k when it started getting media attention again. Also scale entire net worth in in 2027 from 80k to bottom.

gancor

Project has actual adoption and utility (partnered with Coinbase, biggest DEX on Base). Chart looks like it has had a total reset from highs and ready for reversal.

gancor

Bitcoin has got me out of comfy yield farming and into dusting off charts again. Gap wicked, 13 count followed by Perfect 9 on 12 hour with likely bull div on RSI at close. Flip 8 count at 86.7k to confirm bounce activation.

gancor

Copium: 8 year long trendline Current position of trendline is $16.5k Increases by around $100 a day Had one small wick below in 2015 of around 3%

gancor

Weekly 13 count printed last night. Now it looks like a run to trading range top about to commence.

gancor

Provided BTC doesn't close over $43,000 this week, the first ever TD Sequential 13 buy count in Bitcoin history on the weekly chart will print. There have been 7 weekly 13 sell counts since 2011. Many of these occurred mid way through parabolic moves upward. 7 January 2013 - $13 7 October 2013 - $131 6 June 2016 - $665 6 March 2017 - $1.2k 30...

gancor

1. Prior resistance around 53k flipped to support 2. Confluence of fib channel, March 2020 3D close trendline and prior resistance all held thus far 3. Flag breakout - target for pole ~85k 4. Oscillators all look good - stochi turning up, RSI trending up above moving average

gancor

Continuing from previous BTC TA here: Target to the upside in in region of $125k. I think the mumus may have it - although a correct long entry would be to wait for a confirmed breakout to the upside and successful retest to enter, it is still not yet confirmed.

gancor Updated 

Wicked to 39,600 into golden pocket. Currently neutral. 1. Big flag with resolution / apex @ 44k and Jan 2022 - bottom trendline from here 34k. If it breaks below 34k and starts to close below on higher TFs then oof. 2. Dotted red line at 40.7k region coincides with prior swing highs (the "shoulders" of the H&S that everyone was calling a few months ago)....

gancor

Continuing from earlier Wyckoff reaccumulation TA, if this formation is to be confirmed as reaccumulation then the price should not drop back into the trading range which conservatively is around 42k or less conservatively around 41k. If it does then the price should absolutely NOT drop below the LPS otherwise the entire formation may be invalidated. LPS is...

gancor

This chart has been ground into the dust for a long time. 1. Golden pocket holding as support 2. Oscillators turning up 3. RSI turning up after three drives of bullish divergence 4. 2W TD Sequential has a 9-9-13 count printed I don't have any specific targets, it just looks bottomed out.

gancor

Carrying on from my previous 5D LINK TA here: 1. It successfully broke out of the falling wedge it was in and hit the $30 target 2. Now it looks like a potential Wave 3 with a target of ATH on closing basis circa $52.30 3. TD Sequentials all fine now unlike prior chart where it was signalling trend exhaustion 4. RSI uptrend Wave 3 idea is invalidated if the...

gancor

Relatively simple formaton breakout - target towards $7.70s.

gancor

Following on from my previous chart where I had a modest target of 0.08 ETH, this chart is still ridiculously bullish. 1. Second bullflag breakout to the upside 2. Target 0.275 ETH based on size of pole and sheer momentum 3. Oscillators still look ok 4. Massive volume node up top acting as support

gancor

SNX has filled in the void that existed between 6.40 and 11.50. Volume node (purple rectangle) held. Looks like it is breaking out, next logical stop on breakout is the POC at $19.50ish.

gancor Updated 

Test of lower trading range boundary apparently successful so far pending American holiday weekend drama. Right shoulder of an IH&S potentially forming but a bit early to call it - worth keeping an eye on though.

gancor

What is interesting is prior full 13 count as resistance flipped to a full 13 count as support.