metalhound

metalhound

In the LTF, SOL is holding important support at 130 so not keen on a market short, but if we can see a bounce to 150 range while BTC rejects 66-67 again, I would look for a medium term short play down to 80-100 range. Market structure looks ugly rn. Money is being dried out from SOL shitcoins (most down 50-90%). It would have to take BTC to break 67 and push...

metalhound

Bitcoin seems to be finding a local bottom bang on the 1.272, Fibs work extremely well on macro HTF. Do not think this is cycle bottom but a decent relief rally

metalhound

LTF this could pump not sure. but HTF, i have conviction 17.8k will be tested. a lot of indicators point to a sizeable move to - a minimum - test of high 17's.

metalhound

would you? just a fractal, nothing but speculation =)

metalhound

First BTCDOM target hit, and is halfway through the second TP. Refer to linked post for reference =)

metalhound Updated 

btc dom long trade - clear invalidation below .50 fib

metalhound

Expecting btc to crab / chop down while btc/alts bleed. Should give btc.dom a nice leg up

metalhound

Expecting silver to print a massive leg up in the coming years

metalhound

TBF : I dont not think we breach ATH this year, however a clear plan with TP's and invalidations. While I built this position in the high 30's, will start the long from current prices for showcase. Good luck

metalhound

pretty important level coming up imo. A lot of confluence for SPY to reject here, however, would ideally like to see a S/R flip for continuation.

metalhound

pretty confident we get a double or at least a single tap of the 0.5 retracements. This will allow stronger alts and eth to run with it. After, 1) if lengthening cycles do play out, I think an alt season is on the cards with BTC.dom falling way further. 2) if the majority opinion of a dead cat to 47-52 and then sub 30k plays out. I think ALT/BTC pairs will...

metalhound

plan for EGLD for rest of year into 2023. LTF corrective, HTF bullish

metalhound

major trend line broken (and closed) on the 1W and retested for further bearish continuation

metalhound

XRP looks to be retesting the triangle it broke down from early 2022. Would validate a short thesis here for me. This is on a weekly TF so deviations up are fully possible but this is a short setup,

metalhound

very important trend line test for ETH, if it doesn't bounce here. could see some further pain.

metalhound

Already posted my bearish thesis, heres a bullish ones. Up Only.

metalhound

BTC head and shoulder top. if validated, implied targets down to lower 20k region. Easy invalidation if broken above the right shoulder at 52k.

metalhound

im hedged either ways, but if youre a bear this could be a possible scenario that plays out