I still hold my Macro Target of $168.81 on ETH but for now just considering the local price action i think ETH is set up for a move down to around $1080 which will be the PCZ of this Potential local ABCD we may be forming here as we show Bearish Divergence at the 200SMA as the Potential C Point.
This is a continuation trade to a previous Bearish BAMM Range Breakdown trade. BBY has a Bearish Shark with MACD Hidden Bearish Divergence visible in the area of a Potential Right Shoulder of a Head and Shoulders Pattern that could take us down to around $40-$30 if real.
LTC has tried to hold this zone up here but it looks like the macro will drag it back down for now. I think it will have a shot at going back up at $65-$60
We have a Bearish Dragon and BAMM on Ethereum that looks to target $1179-$1100
USDSEK is setting up in a Potential Bearish BAMM and is currently Below the POC and 200 Month Moving Average, this will kind of be a bet on the upcoming FOMC but i think whatever news we get will be used to dump the US Dollar and break down.
We have Hidden Bullish Divergence above all the Moving Averages and near the BAMM triggerline, if all gues as expected we should see $7.43
We have a Bear Flag with Double MACD Hidden Bearish Divergence while the RSI rests on the edge of the Bearish Control Zone. We have broken down a previous flag under similar conditions before. This time if we break down my target will be the 0.886 Fibonacci Retrace below.
This is kind of an extension to the US Crude-Oil Bearish Bat trade from the other day; So we have a Bear Flag on the Gasoline Futures chart and we seem to be confirming a Break Hook and Go that has room to take us to $2.00 if it holds.
XRP is sitting above the 89 and 200 day Moving Averages and has developed some nice looking Hidden Bullish Divergence if it holds out we should atleast see XRP come up to the 1.618 Fibonacci Extension. Ethereum's activity overall is not looking like a very fun market to sit in however there are many alts that seem to be setting up to take ETH dominance away from...
We've had a bit of a pullback on TOTAL Crypto Marketcap but we are still well above where we started and are holding 5-0 Harmonic Support. If things go as planned we will continue higher from here and hit the first target of $1.2T and if we break above that, the final target of $1.7T Here is a close up of the Shark and the 5-0 on the 4 Hour Timeframe:
We have a Bearish Dragon and a Gartley Bearish BAMM on the higher timeframes for NZDJPY. Yesterday i Attempted an entry on a Lower Timeframe but was unsuccessful; However, I still have a Higher Timeframe Bearish Bias and I will be maintaining my Bearish entry and even adding to it at this current price level for the Probability of Realizing the Greater Move down...
LUNC looks to be breaking the Validation Line for both a 3 Falling Peaks pattern and a Bearish bat Action Magnet Move both of which would take it down to a Minimum 786-886 retrace depending on which pattern you ttraded.
If BTC Holds 18850 Solana will almost certainly go for this Bullish BAMM on the 4 Hour.
we got a bearish dragon with a confirmation break at the blue color line, a BAMM (bad action magnet move) confirmation break at the green line, all withing a bullish shark harmonic. If those line break we will be going to the D leg of the harmonic. Target 88.6 to 1.13% retrace
Hello and welcome to this analysis ACC in weekly time frame has activated a Bullish Harmonic Seahorse. It can rally till 2800 in the medium term with a stop loss at 2150. Not for short term derivatives.
LUNC has made a 61.8% Retrace from the High to Low and is now formed a Bearish Potential Bead and Shoulders Pattern, If it breaks the Validation Line the pattern will be confirmed and we will likely see it Go for the BAMM Targets of a Bullish Bat which would be the 88.6% Retrace below.
We have a Head and Shoulders on the RSI that if performs well would signal a Lower High Double Top and have us break below the B level then accelerate price down to the 88.6% Retrace below.
The Japanese Yen has begun to gain some strength against many of the Major Pairs and looks to be forming a Bear Flag on the daily that could take us down to the 800 Day EMA in time. On another note about the JPY strength, there is another much older JPY Strength play that i am still participating in, in the form of GBPJPY that can be seen below: