Two paths for the coming weeks, above the solid red line and below it. BTC needs to break above the rising solid red line to go in search of new ATH targets. There is a large rising wedge between the solid red line and the dashed red line below it. If the price gets caught in the rising wedge it will likely break to the downside. Breaking below the red dashed...
This is one of the most important charts I've ever made for #Bitcoin There's a lot to these exact angles of approach, they go back to the first bull market and they continue to be relevant even today. And they all converge at 171k USD The top band in white historically has never been broken by $BTC - it retraces there, and then finds new market support. I trace...
RUNE has seen a strong rally above the 150 MA - very bullish, avobe the 8 MA Currently extending in overbought RSI, fast and slow. Looking for price to top at the red dashed arc, and complete the 5th wave on the (1D) and begin an ABC correction on a 5-3-5 EW count.
I've combined a couple of things I have been looking for on $BTC into this one chart. BTC is traveling in this main downtrend channel (MDTC) in blue and has reached a Historical uptrend channel (HUC) They are about to meet. The HUC goes back to 2013 bottom. The bad thing is that $BTC crossed the middle of the MDTC, and a rule is that when price crosses the...
Chainlink price action as far as key levels and resistance for the 2021 EOY and Q1 2022 - 1D chart If there's a rally EOY and into early Jan - seen here in pink - the price would likely top around the previous ATH and up to $65 marking something close to a double top +/- a couple of percentage points. This would complete a UTAD on an HTF V wave counting from 0.16...
$BTC hasn't made a new ATH vs $SPX yet. But it is climbing, once it crosses to new ATH then it will be madness, everyone will pile on. Currently making a double top, but if it overcomes it it will quickly go for previous ATH, then it will really get interesting. If it is rejected here, then we should see a pullback to lower red horizontal and consolidate there,...
I'm looking for compression into this blue box. Dips below the middle of the channel are for buying and top above for selling - these are not easy trades but quite profitable. Follow along in the hourly to better see resistances and supports. In the SignalFI indicator you can see the overall trend continued green candles show the trend is still bullish,...