wildboar8

wildboar8

Looking at my 12h chart today I adjusted my LINK setup. LINK has been in an uptrend parallel channel since mid June, 2023 running a WXYXZ. I also have an impulse 12345 running. I had initially thought the wave 4 was complete with the wave 5 happening early December (white circle) but pa didn’t reach my wave 5 target. I then readjusted my wave 5 to late...

wildboar8

So I haven’t posted for a while for many and various reasons. One of which is I have been learning/losing/winning in futures trading. I can tell you it’s been a hard learning curve which I think/hope i’ve started to get a handle on. One of the biggest things I found I needed to learn was entry points by finding to top or bottom of a movement for entry. with...

wildboar8 Updated 

To review, the 1w & 1d RSI, sRSI, EFI and MacD indications show continued downtrend. In a nutshell, down trend to continue for a couple weeks. Looking at the 8h the PA bounced off a support area but shorter timeframes show this bounce has bounced its bounce. I believe PA will settle down into a range market area defined between $45 and $39 and bounce around...

wildboar8

Using the 1w timeframe, with the PA selected as “line”. Since the 3rd of January PA created a “V” that thence created a divergence indicating downtrend (labeled “1” on the red trend lines). Jan 25 is the day LUNA created a bottom “V” which thence created a second divergence indicating continued downtrend (labeled “2” on the red trend lines. LUNA’s PA ascended...

wildboar8

What’s the first thing that comes to your mind when you look at this chart? Then, after that and keep it in mind, look at the timeline and ponder the implications of cycles. My thoughts, not advice Oklah. Cheers

wildboar8 Updated 

During the last month FTM has done a 107% increase with 14% of it in the last week. Really good considering the fear in the present market so I wanted to have a quick look at FTM. The 1m and 1w RSI both show clear divergence indicating a trend change down or sideways movement with then sRSI in agreement. On the 1d chart shown above, the upper RSI has a clear...

wildboar8

No matter what, for now, alt coin action is dependant on the size of bitcoins pumps and dumps, for now. It has not found its bottom and so neither has the crypto market. However, a few coins have lifecycles of their own, more or less, and MATIC is one of them. Looking at the 1d timeframe chart the RSI made a nice bottom “V” @29 on 22Jan. This is a level it has...

wildboar8

Looks to me like there’s a bear flag within a bear flag. The 1m, 1w and 1d rsi, srsi and efi indications are horid. Down Trend. Lotta good news out there but I think we’re gonna dip this weekend.

wildboar8 Updated 

Not going to re hash what I described in part 1 except to summarize that I believe bit will dip to 29k before uptrend. Now looking at the 1d chart above, the first item to look at is the RSI which “V” @20.66, 22Jan. The last time RSI was at this level occurred mid May last year followed by about 2 months of down trend. The RSI also forms a clear Divergence,...

wildboar8

Yesterday I thought I worked out a pretty good paper trade for THETA. My wife and I needed to go run some errands and shop so I activated the trade (yellow arrow), then I went shopping. Ya I probably got stopped out while I was choosing radishes and cucumbers for the dinner salad. Anyway, theres something to learn here and I thought I’d share. The set...

wildboar8 Updated 

As I write this bit did a bit drop and dragged all with the tide. However, bit did a double bottom on the 30min RSI this morning at 9 and 10 o’clock my time touching RSI27 nicely. It’s now back up to 40 and ascending. enough about bit … Looking at MATIC 12h chart we see the last big red candle dragged the PA outta the range market to a small support area of...

wildboar8

Before discussing the 2h chart, a review of the long term RSI. The 1m RSI shows a continued downtrend but the 1w is showing signs of a levelling off of PA from a down trend to an oscillating sideways action. The sRSI on the 1w is very low at 10 with the lines level and overlapping possibly indicating an uptrend on the sRSI soon. Now looking at the chart...

wildboar8

VET has returned to its lowest PA since it climbed above this level last July and before that, it past up thru $0.07 last March when it ascended to its ATH in April. It’s also well below the parallel channel I outlined in my “VET - Future Projection Series” I posted 01Nov21, which means to me its way under valued. The long term RSI, 1m & 1w both show...

wildboar8

We’ve all seen this log chart for the history of BTC. I kinda like reviewing it for any hidden gems of info and I’ve noticed something which may be of interest so I thought I’d humbly throw my hat into the “is this cycle’s rise/parabolic over or” ring. Please understand there are tons of factors that affect the market which could cause whatever may happen. I...

wildboar8

So I wanted to do a new update following my last LUNA post because I don’t think I got the wave count correct what with BTC dropping and dragging LUNA and all the other alts down with it end of Dec invalidating the wave count. I’m really sorry for that boo boo. Anyway, lots going on in the charts. To recap what’s not shown, the 1w RSI showed a double divergence...

wildboar8

Happy New Years to ALL. LUNA is doing a nice ABCDE thing and has been in the “CD” phase since Dec 26 when the RSI clearly indicated “C” was the top (the fat red arrow up top & the yellow line in RSI section). “C” also corresponded with PA reaching the upper edge of a diverging wedge pattern its been traveling in since Aug (indicated with the 2 blue trend...

wildboar8

Looking at the BTC 1d chart with “line” selected for the price action with basic RSI below and the MacD below that. I have a parallel channel on the price action descending from Nov 10 downwards BTC has been traveling in. A corresponding channel is on the RSI as well. The two green trend lines make 2/3’s of a triangle, more or less, that BTC has created in...

wildboar8

Having a look at LUNA 4h chart and seeing a pretty interesting bull flag here. Chart / trend / analysis suggests a move upwards soon. My thoughts, not advice Oklah. Cheers