xtremerider8

xtremerider8

From peak of 69k, BTC made a H&S pattern with neckline at 42k. Now it may potentially be making an INVERSE H&S WITH NECKLINE AT 46K. So far every pump to 46k were met with a lot of selling in the 42k to 46k zone, sending BTC back to 37k. Being able to hold at least the 42k to 40k zone will give another shot to conquer 46k. However, if it fails then the next...

xtremerider8

BTC in this weekly chart still has Bollinger Band pointing downwards with middle MA20 at 46000. Top band is 60k & lower Band is 30k. This will be the impt levels if BTC continues to move sideways. The most recent 2 equal weekly candles show BTC sideway range between 41215 & 37775. Next candle close will decide its weekly direction, whether breakout or still...

xtremerider8

Doge may still fall some more. Bollinger Band is still pointing downwards. It has yet to conquer the Ichimuko Cloud in the daily chart…so some sideways with bearish bias. The best scenario is to seek a double bottom at 0.1067 previous low which was 1.272 Fib level of wave b of abc corrective wave.That may well be the wave c bottom since Doge has already corrected...

xtremerider8

The bottom is either in or very near for XLM…based on FIB Channel Next 2 take profit levels are 0.35 & 0.44.(see chart)

xtremerider8

XRP have to break above 0.85 to be bullish. Next TP levels are 1.20 & 1.40. Failure to break above 0.85 may see a retest of the 0.55 to 0.48 Danger zone. 0.85 is also an impt level of the FIB Channel. 0.48 must hold for a bullish case to continue.

xtremerider8

So far ETH is holding better than most other cryptos, doing a falling wedge. Breaking out & above may see a retest of 4200. If it continues down, we may still be seeing a capitulation down to the 2000-1800 zone (lower edge of the FIBO channel) before any real rally may start back up to retest the 4200 zone.

xtremerider8

BTC is forming a symmetrical triangle or wedge & is now trying to breakout upper wedge. It already broke thru a downtrend line & the very thin Ichimuko Cloud. However, 42-43k zone is still a big resistance where we saw a lot of selling in the past. Btreaking above we will see a retest of 46k. Failure will see BTC retesting 33k. Also BTC is now at the crucial 50%...

xtremerider8

CELO is behaving like a previous fractal but on a smaller scale. Even the recent spike & immediate reverse is similar. Also there are 2 H&S formations. It spiked up to reach the neckline of the bigger H&S but immediately retraced down to retest the neckline of the smaller H&S where it just broke out from. There will chance to accumulate positions inside the next...

xtremerider8

BTC may be forming an inverse H&S & is now trying to breakout of a very thin Ichimuko Cloud to complete H&S at the neckline.(If It fails in the next few days, really bad news is coming) It depends on how you see it, some may see BTC breaking out of a falling channel or wedge. All of these has a bias to the upside. My bullish trading plan is based on Pitchfork, H&S...

xtremerider8

ERX is now doing abc of wave 4. After this temporary abc retracement completes the wave 4, the final wave 5 will start. See my 2 projected targets for take profits. Set trailing cutloss on previous pivot lows. Crude oil & Natural Gas will have more upside after this retracement. Not trading advice but this is just a “thank you” guide for my loyal followers.

xtremerider8

This ratio is following the previous consolidation range of 68 to 82. If 82 breaks upward, Gold & silver will be seeing a big upside. If stocks reverses, gold & silver may furtherconsolidate inside this box. Watch the 82 level.

xtremerider8

Bearish case: BTC now almost completed a H&S pattern. If it breaks the neckline tommorow Mar 16 FED meeting day, we are going to see the final capitulation to 28k measured move. 28k will be a great demand zone & the reversal will be fast. Bullish case: BTC have to bounce above the neck & go on to finally break above 46k & make a higher high to resume the...

xtremerider8

Gold bearish in the short term only & may retrace to 1833 if you measure the Head & Shoulder move, which incidentally is also 50% of the height of cup. This may happen at the same time dollar (DXY/UUP) index is going higher. Longterm is still bullish & may rally up to 2300, then 2500. For your guide only

xtremerider8

Supply of commodities like oil, natural gas & wheat will be greatly affected by the Russian-Ukraine war. OXY shows the strongest gain among oil stocks. Notice the different target Fibo levels to determine the poyential support & resistance zones to buy or take profits. RSI oversold so it may retrace a little before a run to the next level. Not trading advice

xtremerider8

ADA fell after a deathcross, made a diamond pattern but failed to reverse. ADA is also making a large megaphone pattern & so far respected it. I projected 4 take profit levels in this chart up to the megaphone top. It has already retraced 78.6% from bottom to ATH which made a reversal here very probable. Weak hands selling but strong hands already accumulating in...

xtremerider8

DBC already move 40% due to inflation. The Ukraine invasion has made it parabolic due to Russian sanctions which will affect energy like oil & natural gas & food components like wheat. The conflict will not end soon. Another 9% is coming to target 4x at 29.60. Due to oversold RSI, there may be some retracement or consolidation to digest the 40% gain before a...

xtremerider8

OPEN may fall much lower to the green box of possible FIB levels despite being oversold. One it conquers the buyzone, it will have huge upside. (See the 3 levels of advance) Not trading advice…just for your watchlist

xtremerider8

SHIBA recovering quickly from a recent deathcross, now holding at ma50. However, if by next week it does not break above the cloud where the ma 50 will cross above the ma200, there will be a retest of previous lows. The buyzone inside the green eclipse. Not trading advice