As the BTC advance continues numerous forcasting models are correlating with same targets and time periods forcast last year. As time and price gets closer and closer the same focasting techniques applied to local current price action reach the same conclusion. A high potential for a major top or pause. Whether or not price continues higher past this point in...
As markets reach all time highs hard assets like gold have remained trapped in the same range for many many moons and may be the benificiary of capital rotation. While captial rotation is a fundemental argument the weekly gold chart above is soley based off of technicals. This is a forcast and much like forcasting the weather it should not be considered as a...
This is the same forcast for btc published June 15th 2023. I have added an additional speed line 50% of the way in between exisiting two that is correlating with more recent forcasts indicating a high or at least a pause in the 75-78k area next week. Trade Well... Your Friend, Degen "He that believeth on him is not condemned: but he that believeth not is...
This is just simple hourly chart and following the current momentum BTC may be on its way for a new all time high today. The white curve represents an increasing rate of buying while hourly money flow is thick in the green and still pointing up. Trade Well.... Your Friend, Degen
Star Atlas has been a popular title in the crypto gaming eco system for quite some time but the price chart has shown far more down side than upside. As the tide rises it tends to raise all ships and captial tends to rotate from low risk to high risk. With much lower liquidity this tends to drive the prices of this grade of token very high. At the same time IF...
Bitcoin has been on an absolute tear to the upside and until the trend brakes, will likely continue. All good thing can't continue for ever and the high is unknowable and unpredictable. While price is not predictable there is nothing new under the sun. Reoccuring patterns in time and price are clearly identifable and can be used to forcast areas of interest to...
BTC has been stuck at macro resitance for along time indicating a move is comming soon. Unfortunately there is no crystal ball to predict price but macro resistance is certainly worthy of covering longs and entering shorts. With market a perfect balance between buyers and sellers the only question unasnwered is is there enough buyers comming into the market to...
This is a weekly chart of STX. Looks like there is a brake out from the golden pocket on a weekly chart. Looking at the first bull run for STX end up being a measured move that was a double of the range. Appears to be setting up for ABC retracement of the previous bull run. STX is closely tied to BTC. There is a macro btc cycle chart attached below
Richard Heart has certainly been a controversial figure in the crypto sphere but with that said is also one of the most intellegent crypto OG's that has been honest about what you are playing with. HIGH RISK HIGH REWARD. No sugar coating. I find it best to ignore 100% of social media and news dope and use your own kanoodle and make personally informed decisions...
As the crypto run continues to push up forcasting becomes far more challenging. Ranges become extremly large, moves become faster and larger and the only thing that can be done is react to local price action at significant points of interest in time and price. I have laid out several of these on the BTC daily chart BUT it is up to each individual to make there...
Looking at the 4 hour BTC chart there seems to be some confluence one range below that may be a leading indication of the next week or so. With that said BTC is in a massive tear to the upside. While shorting it may be profitable if we see a dip it may be better to view this as a point to potentially accumulate with a invalidation just below the main...
After the 3 day decline of approximately 20% Fet may be ready for a 10% retrace or another massive leg up. Higher time frame are still over sold but lower time frames are looking more bullish with plenty room to range. It is hard say how far these can go but AI related projects have been on a relentless tear to the upside. The high may or may not be in and...
As the entire crypto market pushes up into a major area of interest the million dollar question is do we enter an accerlerated move to the upside or be looking for one more 20-50% pull back. Both models are equally valid and price action over the next few days should give a good signal as to which direction we are head. This is the daily chart for SFUND and...
As the market reaches an important pivot point in both time and price, we are looking at major rejection or a major rally. Currently there has been no macro brakes of structure and prices have been continuting to rise. While these pivot points bring excellent short oppertunites the trend is still to the upside until it is not. Looking at the Avax weekly we can...
IF the tide is rising with an accelerated move to the upside it tends to raise all ships. This is the daily chart for Sinverse. This was compltely hammered in the bear market but had a very nice recovery that has since retraced and now appears to be starting a new rally. The price scale in the center of the chart is measuring the first initial range and there...
Will BTC go up or down. The truth is nobody knows nor can know and all we can do is make educated guesses. For trading we only look for setups that have a high probability of success IF they actually present themselves along with a low risk / high reward to statistically offset multiple losses per single win. This is our current thoughts on BTC and what levels...
While crypto is an emerging technology sector as a whole, it is important to remember that BTC is a maturing 13-year-old asset. Using a logarithmic chart of Bitcoin going back to the beginning, it is not hard to see the perfect curvature of price action as it searches for its fair market value. Simple line tool measurements of the time vs. price increase of each...
If alt coins are going to rip the biggest hype for the upcomming market cycle has been on crypto gaming. This chart is a daily line chart for Gods Unchained a popular web3 based game in progress. Measuring time vs price from past price data in 15% degree intervals typically provides valuable levels and piviot dates. Each spot a yellow angle meets the...