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
Atom reaches initial $8 resistance. $14 target remains - target based on falling wedge Best, Hard Forky
Bitcoin has reached the top of my 2021 Ascending Macro Channel. - Dow Theory currently says Bitcoin will get dragged down with the wider equity markets if they drop below October lows. - Momentum suggests BTC can break higher towards $50k Leaning towards the downside. Best, Hard Forky
Tough experience for holdrs but if $4 mark breaks there is a risk / opportunity a sub $1. 0.55 to 0.77 It has been a long time since I had to switch to Log to analyse the market. Best, Hard Forky Back in 2020/21
Expecting DJI to drop quite dramatically. $32,500 target B, HF
4 yr old strucutre chart on ZIL. Local timeframe not looking great for longs. Price sitting on weakening suport and floating mid-range in this downward channel. It might have a chance at $45 which would present a reasonable short opportunity with a decline bottom target of 0.16 however ZILBTC looks like we might see a dip sooner rather than later. B, HF
As with other ALTs, market looks like it has reached a saturation point following the decline from 2021 Market highs. Expecting Dogecoin to challenge the 200WMA both on DOGEUSD & DOGEBTC. Possible ALT Season ahead. Doge might prove to be a leading ALT. Best, Hard Forky 2021 Top signal
Expecting a pull back on this initial touch of 105.8 Ideal scenario is that DXY breaks 106 late in the year to peak around $110. This would support alternative market scenarios. B, HF
Bullish markets and DJI at final gate for longside growth but I'm expecting a sharp retreat to 34,000 then downturn over summer from here. B, HF
4320 resistance hit today. Potential to move to double top but expectations weighted towards crash to support. Waiting for catalyst - CPI data release 13th June Best, Hard Forky
Trade is a few months old now and approaching close B,HF
UK market failed to break resistance back into historical channel. Diamond top forming again. Expecting move down, 7100 to fail and price to revert to support at 6500. Best, Hard Forky
The scenario is part of a multi-year Adam and Eve Structure. I expect a local rejection at around the FWB:29K mark (early October) with an aggressive pullback down to FWB:21K to retest longterm support. This will draw ALTs back to their previous lows. - Remaining Long until local double top at FWB:29K - Short from FWB:29K - weighting on Alts - FWB:21K...
Atom returning to support based on this long-term structure scenario. Alignes with H&S target + Expecting entry to align with BTC target of $21,200. Looking for a quick rally up to $14 before repeat of the cycle while BTC chops around the low $20ks until July. Best, HF
I've been tracking DOT for a long time, spotted the top at $55 back in Nov 2021 and the more recent bottom. Looking at legacy TA, It looks like it remains under the resistance ceiling after this attempt. Not that exciting after events in recent days but there is a decent chance of a rally to $8 if it breaks. If late to the party, don't feel you need to FOMO in...
LQTY reached target low from recent July 2023 H&S. I suspect most alts have reached a macro low. 2x entries at low and retest of downtrend breakout. Expecting 0.85 to act as local resistance once 0.80 breaks. Best, Hard Forky
Post $30k target and break of descending channel, new revised bitcoin target is $37k. New scenario structure based on Multi-year Adam&Eve with the 200 WMA acting as an anchor. Scenario has parallels with wider equity market expectations. Immediate: $28,500 long entry Sept: 37,500k short to $22k Speculative but viable. Best, Hard Forky
Weekly DXY - still holding support and bullish the dollar this year but considering counter postition with possible nudge down to $101 over Feb. - Short Term Potential $96 low into the 200 Weekly if we see a (temporary) drop in inflation. Supports crypto / BTC / tech limited rally. - Expecting rally assuming inflation spikes again & risk of US September default...