eyesape

eyesape

I've read stories on this site about record buying from retail, this year. This bottom would have been much deeper, but so many more people now know and are ready to buy the dip. Can price go lower? ofc. it always could, since those whales just get bigger each cycle and each buying frenzy simply fuels them further. That said, the markets are ready for...

eyesape Updated 

We confirm support above broadening bottom, which is nested inside another broadening bottom... since confirmation, can expect to find resistance near local high around 108. I expect the larger broadening bottom to fail... that is DXY price would not find support above that upper trend line. that's just my impression based on the greater macro... bulls are...

eyesape Updated 

My thoughts here.... there is a small falling wedge nested locally within the large falling wedge that forms beginning 2021. If price dumps here to more convincingly fill out that little wedge, then pumps to around 18k and back to around 14.5k it will have made a convincing broadening bottom and tightly filled the end of that biggest wedge. I do see there is...

eyesape

satisfy me or dissapoint me.. I'm along for the ride.

eyesape

supporting recent idea... perhaps BTC shall fall soon to fill wedge is that soem divergence, yes I think so.

eyesape Updated 

Broken below the wedge.... US markets closed, liquidity thin... overall bearish for USD until next week when Powell comes to give markets their scolding... I expect a big move down for DXY and up for BTC today

eyesape Updated 

this is what I think... big money rests this weekend letting what all info will shake out... there is bullish divergence in many charts, but to me, the only one it currently makes sense under is DXY not sure what it looks like, but the next wave down of crypto market cap will serve DXY.. even with rates increasing at a slower rate, this broader movement...

eyesape

We got the 4 hour break out of the falling wedge Once DXY breaks thru resistence at 107 and thru that blue right angled broadening wedge with the flat top I expect to test major local resistance at 109.495, but Broadening bottom shows a potential target of 110.906

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falling wedge on the zoom-out, right angled broadening wedge in the local time-frame.. both bullish

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just a zoom to provide context for my earlier idea there is room for correction here

eyesape

better view as described in "bearishness on the weekly + macroeconomic"

eyesape Updated 

reading the weekly bitcoin chart the wedge with a flat bottom rising top is just knocking on that bottom waiting to drop it did drop below the wedge support, catching on 2017 top rejected from the support turned resistance of that broadening wedge hitting the resistance of trendline following this movement down next fed meeting in 2 weeks.. could consolidate...