This is a follow up to the TA below. Have a look at that one first . So here we are a month later and Chain Link is on the verge of a major relief rally with only 48 hours from a massive weekly and monthly. My predictions so far spot on . Let's take a look at the structure on the weekly and monthly The weekly has been making lower highs since June and the...
ETH is in a rising wedge and we have a bearish cross on the 2hour MACD with bearish divergence on the histogram. Why the short well take a look at the TA below , this is a high risk trade . Stop loss 1235
Why would you want to trade in any other market but this one? There never is a dull moment , its always exciting , always giving us curve balls time and time again. This year are streak at marco predictions is over , it was good run you can check them out here below. I was so sure that the bottom was in , there was so much evidence that infact it was in ,...
This is a really high risk trade but I like these springboard patterns they have high hit rate for me. Every time LINK has dropped under 5.8 it has been bought back up pretty quickly. The 12hour time frame has caught these divergences pretty well and we just confirmed another one with the last candle. So what do we have : 1. LINK extreme oversold zone RSI...
Just a small update on Bitcoin , the price has infact made new lows but the RSI has not and this is very bullish. When we get these sort of divergences when the RSI is around 30 it is our signal that we are close or at a bottom. I layed a ray line from the bottom of the weekly close in 2018 and aligned it with he bottom of the March 2020 ,which then gives us...
I have been using this descending channel for couple of months now with great hit rate , not really a perfect descending channel but lets just say its a channel that has many confluence points . Since March 2021 there has been a total of just six times this signal has printed bullish divergence , that's right 6 times. When the RSI is below the 50 mark and we...
High risk short trade here , bearish continuation pattern , target of a breakdown of this triangle would be 13.8k. Volume declining rapidly. 1.618 Time Fib hits in 3hours and 15mins from this TA , that's 5pm UTC +1. 13.8k target is a interesting number because it is infact the 618 level from the last cycle . Which could drop down to his zone. There many...
For months I have been saying on here that the bottom is in for Bitcoin we will not see lower than 17.5k, the whole year I had been on point with every macro move until this week. I still believe that the bottom would have still been in if it wasn't for FTX black swan ,below you can have a look at that TA , which is now invalided . Everything was going...
Time is coming , we are approaching October 2022 and when October comes and this 3.618 Time Fib hits we are going to get a candle breaking us out of this triangle. It is in fact Chain link time fib count on the LINK/BTC dominance that started to unlock this powerful fib time sequence for Bitcoin and link itself check it out below. It is still a 100% win rate...
Interesting confluence area here for Bitcoin lets see if it holds . Its been a wild 48hours , lets see how the weekly closes!.
The moment has finally come after waiting since Chainlink cycle peak May 10th 2021, its been 539days of downwards(since Cycle peak ) resistance on the dominance but finally we have a clean break. This chart has showed us the future step by step and has been correct all the way. This Fib time Chainlink count has been correct for years now. This was the strongest...
This is a potential scenario unfolding for the NAS100 in the next 6 to 10 months. I think it would be too easy just to short the white resistance line . What is more likely to happen is price breaking that area and triggering a fomo rally to 0.5 or 0.618 before starting its next leg down. If this does happen then we could see a 44% drop from all time high down...
There has been a insane amount of fear in the market , every week more fear mounting , more news articles of a crash , more posting of the 2008 fractal crash of the Dow Jones. The macro environment they said its too bad , there is no way Bitcoin will make it , its going to 10k , its over , every cycle the same thing happens , 90% of the market thinks its going...
Since 1985 there has only been three times where the dollar has been this overbought on the monthly. The first top was in 1985 and after it hit this area it moved down pretty quickly and the dow jones had a massive move up. Second top was March 2015 and the dow jones dropped 16% but was then followed by a rally . March 2015 was also a Bitcoin cycle...
This right here was one of the best looking alt coins you can find right now in terms of structure. A perfect descending wedge with a W pattern , you can't get better than that. If the W pattern plays out we looking at a minimum of 0.165.
The next full moon is Hunter's moon on October 9th 2022 at 10pm right on the next Fib Time sequence also right at the end of the triangle. All things are aligning together , when the universe aligns things like this , its is a very special moment that must be taken advantage of. I do not have a logical explanation of what is occurring right now , all I do is...
You have 126 days to make something of this move after that the big crash will start to unfold. During the covid crash which was the Bitcoin second capitulation event chain link did wick under the channel you see here but never closed under it. Its possible that for Bitcoins second capitulation event that chainlink will do something similar ,this long term...
Seen this is pattern play out many times before it has great hit rate. Is it a perfect bump and run no but pretty dam close. From here the chances are we go up.