TOTAL2 has broken out of a contracting bullish wedge maintaining bullish market structure on the weekly HTF. Price action has put in a new HH on the 3d chart with bullish divergences on the RSI and MACD showing signs of bullish momentum coming back into the market. MACD converging and showing an upcoming crossover. Price has corrected into a weekly demand zone...
Coinciding exactly like USDC.D Ive published my analysis on stable coins over the last month now as I think its one of the most import charts to analyse for market reversals watching the money flow between stable coins and crypto assets such as alts and BTC. The previous highs and lows have coincided exactly with the start of new uptrends and corrections in the...
Ive published my analysis on stable coins over the last month now as I think its one of the most import charts to analyse for market reversals watching the money flow between stable coins and crypto assets such as alts and BTC. The previous highs and lows have coincided exactly with the start of new uptrends and corrections in the market since the charts...
XRP has broken out of downtrend on the weekly HTF with a high volume retest of the breakout forming a HL on the weekly and put in a new HH on daily structure. Price corrected into e HTF demand zone before starting to reverse. Currently trending towards the new HH with a crossover on MACD and price looking bullish on he RSI. Looking good here.
VET has formed a massive falling wedge and broke out after competing a 5 wave corrective series. Its come into a weekly HTF demand zone and formed a nice bullish pin bar on weekly close and started to show bullish momentum to the upside with the 3D RSI having reset above the MA having been oversold. The weekly MACD also showing bullish momentum with an upcoming...
THETA has corrected off its highs for a full 365 days having corrected 85%. Its formed a massive falling wedge on the HTF and come into a weekly demand range with high volume bottom as its come into the zone. Price action contracting and getting squeezed with the last supply zone failing to put in a new low with a new HL being formed. 3D RSI looks reset and above...
HBAR has corrected from its high forming a falling wedge reversal pattern on the weekly chart with higher volume weekly candles forming as its come into a weekly demand zone. Price respecting higher high and higher low bullish structure on HTF and in the low of the leg. Id expect to see a reversal to form in the coming weeks and believe this is a bottom forming...
DOT has completed a 5 wave correction sequence in a downward channel from its highs into a weekly demand zone. Its had a high volume bottom as it come into the zone and closed with a rejection wick and pinball close on weekly. The trend has started to reverse and put in a HH on the 3D having reset on the RSI from being oversold and now trading above the MA and...
BTC has been ranging within a contracting wedge for 2 months now having corrected into the weekly demand zone and broken out of the downtrend, closing the CME gap showing a high volume bottom with 2 rejection wicks showing buyer intension. Price has started to respect daily demand chain and putting in higher lows. Price mitigated the weekly supply zone and failed...
Audio has come into a weekly demand zone and the 1D extreme demand zone of the previous leg and started a nice move to the upside with a nice strong bullish candle after breaking out of a downward channel. 3D RSI looks reset above the MA after being oversold. MACD on weekly also converging showing signs of strength to the upside with bullish divergences. In the...
SOL has broken out of a massive falling contracting wedge after correcting into a daily demand range with high volume bottom and rejection wicks to the zone on buyer side. MACD on weekly converging and showing signs of bullish momentum as the MAs converge. Breakout of downtrend on RSI resting above MA on 3D chart and looks to have reset for the next move up having...
Ada has started to show some bullish moment to the upside after an extended period of downtrend. Price has broken out of a falling wedge and put in a HH on the daily after coming into a major trendline. MACD on weekly looking strong as it converges to the upside with price reflecting this. Price broke the $0.91 low and mitigated a weekly demand zone before...
ETH/USDT 1W/2D Charts ETH also formed a high volume bottom after tapping into weekly demand and a supply to demand flip zone on the daily with nice pin bar rejection wicks on both the initial tap and on the formation of the HL the has changed the market dynamics and structure to bullish. Looking for price to put in a new HH to confirm it further for confluence...
Just using the fractal nature of the market, using a fractal from 20th February - 13th May on last years price action and overlaying it on the most recent price action it looks pretty similar in the formation of the HH and HL before a big melt up. Only an illustration to show a possible outcome.
USDC.D 1W/2D Charts USDC dominance continuing to look bearish here as I mentioned back in early Feb. Rejecting from the previous high and failed to put in a HH and close above it. Weekly close looks daily bearish with a bearish shooting star reversal candle. Market structure has changed failing to put in a HH with price struggling to maintain the uptrend....
USDT.D 1W/2D Charts USDT dominance continuing to look bearish here as I mentioned back in early Feb. Rejecting from the previous high and in a weekly supply zone. Refining further price has rejected from daily supply with a nice rejection wick and a bearish weekly close. Market structure has changed putting in a lower high and now looking to put in a new...
BTC/USDT 1W/1D Charts BTC showing signs of strength since the initial tap of weekly demand and the CME gap/supply to demand flip. High volume bottom with pin bar rejection wicks on the low and the HL showing buyer presence. Market structure has changed bullish here with the new formation of a HH and HL with massive marubozu candles to the upside on the daily...
1W/1D Charts VRA has corrected back into a weekly supply to demand flip zone with high volume coming into the zone and a nice reversal of price action. MACD weekly converging and histogram showing signs of strength here with bullish divergence on daily. Weekly swing structure still intact, put in a new HH and pulled back, could this be the HL? Or are we going...