Last weeks high: $68975.9 Last weeks low: $64863.9 Midpoint: $60752.0 Our first major pullback took place last week as BTC saw a weekly low of $60,752 , and notably the weekly high didn't manage to top the previous cycles ATH at 69K which does indicate a HTF Bearish Swing Fail Pattern. The 4H 200EMA providing support on multiple occasions and keeping the ...
Looking at Timeframes of Prev Market Cycles we seem to following the old adage "Fred Savage" , You may have thought I was going to say something about History Repeating itself based on the almost mirror image of Market Cycles, but When I said "Savage" , I'm starting to hear the screams and see the carnage. I've been trying to figure out why upon that weekly...
Solana Eyes Resistance Breakout - Will Bulls Charge Towards All-Time Highs? What is Solana (SOL)? Launched in 2020, Solana is a high-performance blockchain platform designed to address scalability issues plaguing some older blockchains like Ethereum. Solana boasts fast transaction speeds and low fees, making it a viable platform for decentralized...
Historically, after exceeding its ATH, BTC made a small and healthy correction for market in which short-term investors sold out - this correction always fluctuated around 17%-18%. BTC has made such a correction and, according to analysis of previous movements, it is currently ready for a quick and impulsive increase of up to approximately 58%, which can bring it...
for weekly chart we wll compare 2017 bull run scenario with what happening now. 🔸 lets start with 2015 -2017 scenario: btc make ATH...declined...accumulated ... making equal highs And HIGHER HIGHS. 🔸 Can notice the same thing in 2023 -2025 btc make ATH...declined...accumulated ... making equal highs And HIGHER HIGHS. it's not coincidence ... the history...
I have been patient to not issue new bearish projections until I see what I know to be objective price action evidence. With Sunday's Weekly bar close we received such a signal. In this post I want to detail how important this signal is in the understanding of price action as well as in actionable trading. I will present what I think is likely in the near term...
Currently bitcoin is stewing while cooling down, getting ready for what may be the 5th and final impulse wave, resulting in what possibly could result in a corrective wave that could drop us out of the channel and result pushing us potentially into the low 50s or high 40s
XLM BULL PENANT/FLAG This is just and idea. Why so stagnant? For years after years in regards to new ATH?! Because the pole upwards is coming! XLM has been working and building in the background. Lately with the new Soroban contracts phasing out. XLM is becoming a Real World Assets commodity. The project and foundation has kept an ear to the damn US...
BTC marked Market Structure Break after touching the imbalance, below last long price wicks, that's a bullish sign. I try to look for long trades, these are my spots. Entry 1 (RR 1:4.5) : Filling/touching multiple timeframes imbalances. Entry 2 (RR 1:10.8): Touching order block and grabing some liq down there SL: below actual low, but becouse there is...
Last weeks high: $73775.8 Last weeks low: $69170.3 Midpoint: $64564.9 After making consecutive new ATH's Bitcoin has now experienced it's first prolonged pullback. Before these last few days we saw each dip as more of a leverage flush with a near instant V-shaped recovery. This however is more of a traditional pullback, the main level of note is the previous...
Shiba right now hit my best spot zone. bought another pack of shibs and after this reaction turned on LONG position with SL below actual low. Target 1: golden doted bar Target 2 (main): recent height target 3 (if btc let it go): ATH on shib ;)
If we take the teal bull pennant and only measure the pennant part which is also a falling wedge, the target we get from the breakout has just been hit by our current price action. I felt that was worthy of posting a chart bout. Though bitcoin has already achieved a new all time high days ago, the entire market cap for all of crypto is still just below it’s...
AMEX:SPY is looking at a possible wedge breakdown with a bearish MACD divergence and heavily stacked overhead resistance levels. 3/15/24 Bearish EOD targets 512.03, 508.98, 505.91
WIF Showing a new ATH, and it seems interesting for the daily trend. We following the trend to see how this can gain new targets.
On March 13, 24, NYSE:ORCL gap up after earnings on huge volume and is now trading at the area of the all-time high. The stock has traded around this area in the past 2 times, during June, 2023 and September, 2023. Interestingly, the peaks of June and September were also around the earnings date. The question now is can NYSE:ORCL reach new ATH this...
Last weeks high: $69934.6 Last weeks low: $64483.4 Midpoint: $59032.3 Bitcoin experiences its highest ever weekly close in history falling just shy of $70K . The previous ATH tested and bested multiple times during the previous week and broken yet again already this week hitting $72K ! The Market Cap has overtaken Silver to become the 8th largest...
Just as an addendum to my chart I just posted on the measured move target for just the channel portion of this bullflag, I wanted to include an updated visual for the full flag and its breakout target which is pretty much just ever so slightly below 100k. Will link the previous relevant chart ideas below. *not financial advice*
Bitcoin just hit a new all time high against the USD pre halving! The bitcoin spot etfs have shifted the paradigm and we now find ourselves in unprecedented times. Considering that, for all I know the correction may have already seen the lowest it will go before we resume bull, but if history can tell us anything, it’s that it’s very common to see multiple 30-40%...