suddenlightness

suddenlightness

Looking at a triple bottom to stop the down trend or a absolute melt down towards covid bottom 50% lower

suddenlightness

AMEX:VGT looks to be retesting support on a pretty-little, long-term cup and handle. I sold the very top on half my position...so expect an absolute moon shot in the next few weeks. My selling seems to be the catalyst for bullish continuation :D

suddenlightness

"If I'm bettin' on a loser, I'm gonna have a devil to pay But it's the only game I know to play, it doesn't matter anyway" -Clint Black Bob fell in love with BITSTAMP:BTCUSD in 2017, so much so that he committed to investing 100% of his Roth contribution to Bitcoin every year for ten years. Bob has an uncanny ability to buy the top. Bob caught the highest...

suddenlightness

Trending up for now with a potential top at 42k completing a tidy edge to edge in the cloud. Pull back to low thirties with consolidation for the next six months is likely. Further upwards movement toward and beyond ATH more likely coming end of 2024 or beginning of 2025. 2025 EOY target $94,979 to $144,057 - this span is comping from the pictured pitchfork and...

suddenlightness

AI, interest rate cuts, and the 2024 presidential election in the United States will likely support another steady climb in large cap tech. One year target right around $610 is the measured move from the bottom of this weekly cup and handle to the upside. Any action to that price earlier than a year from now could suggest an over-market in need of another sell off...

suddenlightness

Bitcoin CRYPTOCAP:BTC looks to have turned the corner, however there is no clear pattern other than an under-developed pitchfork. Likely at a near top for the short-term daily. Great deal of horizontal support and moving averages support at or above 20k. Should this bullish trend play out there is a high probably of testing 24k and moving upwards over the next...

suddenlightness

Double long-legged doji on the daily marks a potential reversal downward during the short term. Levels almost certainly to be tested: - $42.85 - $42.02 - $41.19 Top daily wick looks to have established a trend line using a pitchfork where HKEX:52 to HKEX:62 are the top-side limits on the daily. Of course a down-side risk is well in play around $30....

suddenlightness

Stacks is the dominant smart contract layer for Bitcoin for now and perhaps long term. After the massive run up in $STC and $ALEX I'm looking to hold my bag and add considerably on any pull back. Returning to 97 cents is likely so I'll double my position at $1. Should it pull down to 77 cents I plan to double again. Falling all the way to the mid sixties I will...

suddenlightness

BTC looks like trash on every time frame and according to every indicator. Currently losing 33k and aiming to retest (break down below) 30k. Volume is weak. Bounces off lows are week. 20k retest of previous all time high is coming in the near future. Maybe some big D wicks down in the range of 16k even?

suddenlightness Updated 

$BTC has to break one way or the other with this side chop getting way too tight. The tilt is bearish since the trend for many days has been downward. However!, a candle just opened in the cloud and I'll take anything as a bull sign. Targets are sized to ~match the target price and fit with 1.68 fib levels.

suddenlightness

Pick your poison $BTC.....

suddenlightness

$SPX risk off, $NDX flat, and $BTC FUD leads to a big fat range bound side chop for up to six weeks here tweet at me about it @HonkerJr

suddenlightness

There is a magnet at 35,000 USD but no real support. Probably going to range down to 38,000 and then 32,000 if that doesn't hold up.

suddenlightness

First candle under the cloud on a daily chart. Looks like 40k won't have much support. Fib retrace and more action at 38k. I like 32, 35, and 38k as bounce trades. Everything around 35 is a potential long based on the wide range of prices over the past two years.