syncro23

syncro23

This could have been either a H&S or Inverted Cup & Handle. Either way, confirmation of this pattern with a breakout below 59k could see a measured downside move to high 48's. This matches up precisely with the 38.2% Fib from the JUL low, and would be a perfect re-test of the medium term trend & 2/1 Gann line. By the time it gets there, it will be a good bounce...

syncro23 Updated 

With yet another bounce off trend resistance, steadily weakening RSI, a continuing reduction in volume, and the EMA's rolling over on each other one after the other, what comes next? Once the bearish wave count is fully confirmed with a deflection from resistance at the completion of Minor wave 2 (back up around 60-64k), then things look pretty dire for our old...

syncro23

Lets not forget this little bad boi either! Hidden divergence is indeed considered an indication of trend continuation, but have a look at the bigger picture here. Eeeeeeven if BTC remains bullish on the macro trend, this confirmation of hidden bearish divergence could see a comparatively massive pullback. This would fit the "Expanded Flat" paradigm mentioned in...

syncro23

In my very first TV post ever, I made the mistake of trying to call the top of the most hyped out B leg in history. Was... Shi**ing.... BRICKS for a minute there! Turns out I don't need to delete my first post in total discrace and shame. Lol All good now though. The weekly chart shows a close in a nice shooting star doji, so onward and downward for the C. I...

syncro23

The last two major parabolic moves by both BNB and BTC finished with a big o'l ABC, and a long a** Bear market. We're seeing the exact same thing playing out right now. With 5 down 3 up since the Apr/May '21 dump, it's probable (in my eyes) the we're headed for another 5 down... maybe as low as 28k... maybe lower? Just take a look at the last two events. Both...