hardforky

hardforky

Reverse Head and Sholders. Looks like the target will be met quickly. - 200MA is at 2.6$ - bottom - Ascending channel support at 3.4 - possible bottom BHF

hardforky

Local Action: The breakout from the descending wedge drove the price into resistance at $8. If the resistance holds, a retracement to the previous lows around $5 is anticipated. On the upside, the price could reach as high as $17, aligning with ascending resistance. Best, Hard Forky

hardforky Updated 

At last, we've reached the Upthrust (UT) in the Wyckoff distribution phase. The short entry target is set at $80k, exit at $57k (approx 30%), with expectations of turbulent price movements for at east a week. In reflection of previous timings, I was 2 months out on timing (expected in September) but this is a 2 year process so I expect adjustments along the way. ...

hardforky

Bitcoin has reached the $60k target. Shorts are now closed & Long to $72k based on the Wyckoff trend. - Sunday should see the market settle down - $58k lowest price range. - $72k expected around 20th August - Sept/Oct Target is around $78k Best, Hard Forky 2024 Wyckoff Distribution:

hardforky Updated 

Updated Wyckoff Scenario Based on New Data and Trends - The Selling Climax at the Sign of Weakness (SOW) is now complete. - Next stage is the retake of the mid-range (still at $64,500). - Bitcoin's price is expected to experience an upward thrust during the western summer, reaching a new all-time high (ATH) of $79,000. - Phase B is projected to conclude by the...

hardforky Updated 

Updated Bitcoin scenario - mapped with new, extended timeframe. It's a scenario pattern that's undoubtedly familiar - everyone's favorite, the Wyckoff distribution trend. Several elements support this structure are worth noting: - The distribution phase is occurring just above the previous all-time high (ATH). - This potential top is showing a monthly bearish...

hardforky Updated 

Structure on Pepe is pretty stright forward so long entry on Pepe was too tempting to pass up on retest at '668. - Long Target is '906 but expecting an extension through to '1148. ...before shorts to legacy H&S target of '446. Best, Hard Forky

hardforky Updated 

I'm considering a new scenario following the breakdown of price below supportive structure. It's a scenario pattern that's undoubtedly familiar - everyone's favorite, the Wyckoff distribution trend. Several elements support this structure are worth noting: - The distribution phase is occurring just above the previous all-time high (ATH). - This potential top is...

hardforky Updated 

Expecing a move up on Thursday/Friday. A prime shorting opportunity should be available on Bitcoin at the $76k level, based on this six-month Wyckoff distribution pattern. Shorting ALTs might be more challenging, with potentially more predictable price entry points occurring in Phase C. Best, Hard Forky

hardforky Updated 

Two years after my last big short on SPX, the price has once again reached the top of the ascending channel. Based on this scenario , the expectation is that SPX will peak within the next two months , around early May 2024. Initial target 4,800, stretch 4,400 Incidentally, Bitcoin appears poised to surpass its 2021 all-time high, during which Bitcoin peaked...

hardforky Updated 

I've followed the price of NCT since its launch. Big potential one day but for now it needs to see out the end of this dip. I expect it to find a bottom around 0.024 later this weekend. Best, Hard Forky

hardforky Updated 

Bitcoin has reached the extended long target. This is a contrarian position to most, but I'm expecting a breakdown towards the lower range. Momentum is with the bulls, so there's potential for BTC to form a double top at higher prices. I'll ladder in on the breakdown to lower $40k's, with a stretch to the mid GETTEX:25K range. Best, Hard Forky

hardforky Updated 

1.67 Long Target hit. Based on LQTY and general market structure I'm expecting major drop in price to new lows over the next month before a new long entry around $0.5. LQTY is a risky asset so no guarentees it doesn't try for higher. A $1.95 high might form a H&S over the coming weeks with a target of $0.5 based on current structure so it might be...

hardforky Updated 

Bitcoin is potentially forming an Adam and Eve structure. In this scenario, the Adam phase may retest $62k before a move to $70,800. The Eve phase typically forms over an extended period with less volatility for Bitcoin but potentially a bearish period for altcoins. This is just a potential scenario at this stage. Best Hard Forky

hardforky Updated 

WRX offers a clear market structure. Following the sell-off at the recent top WRX has broken the descending wedge. Targets are 0.32 with stretch to 0.34. 0.3 might act as initial resistance. Support at 0.258 Best, HF Bottom to top analysis can be found in my previous WRX idea.

hardforky Updated 

CFX bottomed out following the Q1 2023 H&S. Possible path to 0.77 if market rises and 0.18 breaks Best, Hard Forky

hardforky Updated 

WRX has reached the target price based on 2021 top formation. This is evident in other ALTs Unclear on timing of price target, inital is 0.5 perhaps later this year. Best, Hard Forky

hardforky Updated 

Atom reaches initial $8 resistance. $14 target remains - target based on falling wedge Best, Hard Forky