CryptoFallen

CryptoFallen

Is BTC going to BART back down again? It retraced to the 0.236 or 0.786 level depending how you look at it. It is also close to touching the top of the down trend resistance line

CryptoFallen

Possible support just under $11 for AVAX, but looking like a massive H&S with inverted C&H.

CryptoFallen

BTC is in the descending triangle, looks like we are heading to the $18.5k range, failing to form any new Higher High, thoughts?

CryptoFallen Updated 

Looking like a double top is in play for ETH as it struggles to break through the resistance zone in yellow. Thoughts?

CryptoFallen

As we are range bound, are we going to potentially see BTC make a move up before BARTing back down? Thoughts?

CryptoFallen

Looks like volume has died off with Casper and a Cup and Handle has started forming, interested to see what happens to price now, looks like a health retrace to $0.041 is inbound. Also Bearish Divergence on the 4hr RSI as well Thoughts?

CryptoFallen Updated 

Looks like BTC is having trouble printing a new local Higher High, are we going to BART down again?

CryptoFallen Updated 

Looks like Casper is reaching for the 1.618 extension before we have any sort of pullback, question is, is this an ABC wave or a 5 wave structure?

CryptoFallen

Casper is reached wave 3 of EW the 1.618 extension, it looks to be retracing for either wave 4 or this can be seen as a ABC wave structure before more downside in the LTF. Key take is on the 4hr there is a bearish divergence and MACD looks to be rolling over as well...

CryptoFallen

DXY looking to break the lip of the cup... if it gets rejected, then definitely market goes back up

CryptoFallen

All these people calling for BTC to break out during a recessionary period... 2018 I fell for the same thing not knowing much about trading, but we know how that went for BTC bulls thinking that a Descending Triangle is a bullish sign... Above is the 2022 chart, below is the 2018, just so you know... June 2018, there was a dip as well, just like June 2022, when...

CryptoFallen

BTC failing to make a newer high currently, just outside of a descending triangle I have drawn as well shown below, will we BART back down? Also if it does happen will a H&S be in play?

CryptoFallen Updated 

May be hard to believe, utilising the log to see clearer, we have a massive H&S, if we break the neck line at $28, we can potentially see a sub $4 Solana... Thoughts?

CryptoFallen

This ETH retrace is looking like November 2018 drawdown as well... thoughts, looks like the current BTC chart:

CryptoFallen

Pretty self explanatory, this descending triangle is looking to play out like November 2018, we are getting closer to the apex of the triangle. Generally Descending triangles are bearish continuation patterns. Why is the target so low, well the CME gap from 2020 is still open at around the $9k level as well... Probability... This below was also the same scenario...

CryptoFallen

If it fails to break past the resistance now at $19,500 from previous support and resistance areas, back down we go, if it does break, we will retest heavy resistance at $20k. I'm more on the bearish side given CPI data release is incoming on Wednesday or Thursday dependant on timezone.

CryptoFallen Updated 

Forming a symmetrical triangle, which generally is a continuation pattern. Hard to say as weekend volume generally isn't great. Thoughts?

CryptoFallen Updated 

What are your thoughts on this? Looks like XRP has 2 options, generally with an ascending triangle there is more possibilities of it breaking to the upside. Although short term we will retrace first.