sean78808

sean78808 Updated 

Granted that tech stocks are clearly hostage to macro at present (Trump v. Powell), a few are poised to rebound strongly should events permit. Palantir is one of them. With support above the 50% of the move from the 8/5 low to the ATH, with good fundamentals, and a narrative that remains compelling (AI), Palantir may well continue its run if the results of next...

sean78808

An amusing thought... After a week full of FUD, manipulation, and a turn to risk-off, BTC's price action appears to have assumed a familiar pattern--for now, anyway. (Beating and finding support above 96K would likely validate this absurd turnaround.) Will traders sell the news next week???

sean78808 Updated 

A case more bullish than an undoing of the move of BTC from $60K to six digits... Price action could plausibly retrace to the 200d MA or Golden Pocket of the move from the 10/10/24 Swing Low and find support on either. This case would likely play out as a violent wick down and v-shaped return to VAL of the volume profile. If we are talking a Golden Pocket...

sean78808

Implausible without a positive catalyst and a return of interest in 'Risk On': A V Shaped recovery of price action, reclaiming the value area in question, support of the VWAP and POC, essentially reversing the dump begun 2/21 with the curiously timed revelation of the Bybit hack... Should price action *rapidly* reclaim GETTEX:97K --or, better yet, $99.8K--and...

sean78808

My most bearish guess for where BTC price proceeds from here (2/25/25): Consistent with a Double Top, we see basically a 786 retracement (however circuitous) below the 200d SMA to levels preceding the move to $100K begun in November of 2024. This could--and would likely--involve a bearish retest of the VAL of the volume profile anchored at the 10/10/24 Swing...

sean78808

A preliminary look at the ongoing--perhaps engineered--collapse since the Bybit cold wallet fiasco... The retracement to the $90K range, expected by many, from the ATH of 1/20 finally seems to have broken price action out of the prolonged compression in which has been stuck for over a month now. Where it's far from over, a couple of things stand out. Presuming...

sean78808

I have to concur with those calling for BTC, fundamentals notwithstanding, to retest the order block formed by the wick down on 1/13. The 100d SMA, price action has closed beneath that. Anchor a VWAP to the 12/17 HH, price action has closed beneath that. (The order block in question is 2 standard deviations south.) Anchor a volume profile to the 12/17 HH,...

sean78808

Is the 2025 Bull Run still on? Will there be an alt season? I don't know that survival of a week of bad CPI and PPI data is enough to confirm that. But there is some evidence that the massive wick to the downside on 2/2 for alts (this chart shows the 'OTHERS' index, the true alts, those out of the top ten in market cap) constitutes a bottom. The latter...