BTC ascending triangle in the making 3560 points from base of ascending triangle to its resistance projects 3560 points above resistance as target, which is right around 42k, confluent with mid of the whole move, and through CME gaps at 39900 and 41245
COIN setting up for its third attempt at breaking this 112-115 area If it breaks 115 then it has 130 range highs and unfilled 130.15 gap BTC seems to be cooperating
37100/37200 is very important level for bulls to maintain control of So long as above, we ascend to 42 Something like this perhaps...
Also, have some 115 - 125 call action active for Jan 2024 Has gap up at 130.15 as additional incentive to push range highs If BTC pushes 42k for end of year then COIN likely tags this 130 area...
Cautiously optimistic that COIN can sned 110+ in next ~week, so long as BTC can continue to hold its ground And if we get any kind of BTC Turkey punp then COIN likely to follow
Could it be that this Thanksgiving pump is going to kickstart the mother of all markups as we head into year end? Perhaps something that will, in hindsight, look a lot like the markup we saw at the end of 2020?
Seasonality in effect. Traditionally, Thanksgiving is a bullish event for Bitcoin. I like the possibility that BTC can stretch up to fill its 39900 gap this Thanksgiving. Happy Thanksgiving y'all!
Significant volume in previous h1 at support as BTC seems to be inflecting This may be an inflection point for DOGE as well .075-.076 not a bad place to add, targeting .081/ .086/ .092 above
Significant volume (absorption) in previous hours at range mid as BTC also seems to be inflecting. Cautiously optimistic this is near term bottom and range highs around the corner.
BTC1! Last Friday 36565 gap filled Volume (absorption) at gap suggests potential for inflection from here MA confluence as well I mentioned the possibility of a backtest of this area at start of week
NVDA earnings today I took previous all-time high to cyclical low distance and made an extension of equal size above, from previous all-time high, which gives us targets to upside 525 (ez imo) 580 bull case
Watch SOL pull an NVDA >*Paints textbook head and shoulders* >Entire timeline and recommended TradingView authors bearish, projecting 50% decreases >Price at support >Defies gravity >New Yearly Highs >"Ah it was a double bottom not a head and shoulders!"
I am a buyer of support here at lower 55s, targeting current range highs, which happens to be first quarter of the whole move. For added confluence, the timeline seems to be convinced we're going back to 30, as if we haven't already decreased 20% from swing high (and sitting on support currently).
Looks like some signs of absorption here as buyers stepping in at intraday ETH mid I reckon 2137 November highs in cards sewn
Activated some COIN at the money calls. Seems so long as crypto keeps up these will do well. Looking at 131 range highs near term upside.
NVDA bull case is it mirroring its current extension above previous all time high on an earnings pop 544-570
DOGE reclaiming support now, having deviated beneath -- higher probability sned towards .092