Ethereum is posting hidden bullish divergence on the RSI very near all time highs. It looks like it will surge upwards in the next few days/week(s). The two targets I have are 5,500 and 6,000$ as they're the 1.414 and 1.618 fib extensions. I'll close a chunk of my long at 5,500$ and close the remaining at 6,000$. I expect a brutal rejection and crash at 6,000$...
Very very interesting guys... this might be the short of your lifetime. Bearish cypher harmonic has a .786 target. The .786 is exactly 65k. Which.. as you know... is a very very important price level. I think that this will be the short of your lifetime if it works how i think it will work. I'm going to short 65k if it happens with a fairly tight stop above...
Okay I know a few key things about the market is different than 2019. Look at these two charts. You must agree that there are a few similarities so far just based on price action. I know bitcoin just went to new alltime highs. 2019 didn't make an alltime high when it did that. BUT. BUT! It looks similar. Visually, it is SIMILAR. I know that the daily RSI made...
I thought doge might be dropping to 19.50 or 20 cents before... but now I am not so sure. This looks like a textbook bullish cypher harmonic . I'm now thinking doge only drops to 21.31 cents or so. The .786 is the D location for the bullish cypher harmonic . If you look left you can see that that exact spot was support a few weeks ago on September 7th. I'm...
blue arrow on the left is what I think we're repeating at the blue arrow on the right where we are right now. I suspect we fall to the same bold white moving average we fell to on the left which is also old resistance at 53k. Just like the last time. The blue arrow on the left fell to the same previous old resistance and acted as support. It is literally...
well the crypto crash finally started. The crash i was told I was an idiot for calling. 9/10ths of my comments were flaming me and telling me to quit posting. Well here we are. We just made the first impulse down. It did a 618 retrace up. Expecting it to bear flag down to 19.5 cents. It's likely to bounce there a little so I'm closing my short and waiting to...
I'm expanding on my previous Dogecoin post because i've become more aware of a few things which I think may interest you. Before I was calling for a drop to 9 cents. Now i think it only drops to 10.75 cents. I don't see a lot of harmonics on tradingview which is a disappointment. They are absolutely amazing things. I have a potential bullish butterfly approaching...
If we see 43.5k in a week or two... it's coming down to 20k in december. It seems 20k might hold as support for a while as it's the bottom of this upsloping channel... I can see a possibility where we drop to 20k and come back up to 70k again... Where everyone will be SOOO bullish... again... And it will look like a broadening wedge to me. Which... just might...
I'm basing this on three things. One, it's the bottom of this downsloping channel using daily candle closes. Two, I believe bitcoin is making it's final hurrah up before crashing down. The last time bitcoin did this doge went nuts up like 400% or whatever. Three, it's the top of the previous resistance cluster made on february 7th. If doge repeats the same...
And yes I am the only person who believes this final leg of the bull market is a fakeout. Plenty of stuff on the screen. A huge upsloping parallel channel with 4 touchpoints already. So it's a valid channel. 20k top 4 years ago. 3k bottom in 2019. 4k bottom for march 2020 covid crash. 65k top for our top a few months back. A downsloping resistance from...
I thought 65k would reject and it went up to 67k. Doesn't really change my thoughts that 53k happens before it goes higher. I'll buy 53k if it happens and if it doesn't i'll just wait for something else to look promising. I really think this final leg of the bullrun will surprise a lot of you as I am one of the biggest disbelievers in this thing continuing up...
obviously it can break either way. Rising wedges typically break down more than up. This is a bearish pattern. I'll be bullish if it breaks up. I'll stay bearish inside the wedge or if it breaks down. Anyone telling you it HAS to break bullish or bearish is in a position and begging for it to play out in their favor. Anyone speaking in absolutes or...
Tight stop above 62k. Daily candle close resistance line. Previous resistance before all time highs. If it falls to 53k I believe this is the final top. 53k was the high we made a few months back. Expect it to be short term support before we drop again. If it goes over 62k I'm probably done looking for bearish opportunities for a while. I really don't...
Well... the last time a major bitcoin ETF happened... it was literally the EXACT day bitcoin topped in our last bull market in 2017. Not exactly saying this has to play out like this... but it is a good reason for you guys to tame down your bullishness and consider the possibility that a crash might happen. I'm king bear-tard and I have been for a while. This...
While bitcoin is posting weekly bearish divergence on the rsi. Look at the rsi on the box on the left side inside that downsloping channel. Compare to the rsi in the downsloping channel on the right side on the same box. The patterns look identical to me. Every mom and pop is bullish right now. Every youtuber is guaranteeing you 100k. The main stream...
yellow arrow on the left is weekly candle close that rejected is down from 14k top in 2019. Yellow arrow on the right is bitcoin coming up to the weekly candle close that rejected us. White arrow on the left is 1.618 fib extension down for the March 2020 covid crash. __ __ Blue arrow on the left is the weekly candle close that rejected us down from 65k...
This is NOT bullish macd or RSI behavior. This is bearish divergence like crazy. Is the dump... finally... here? I encourage you bulls to use a stop loss right now. You're going to need it. My downside target is 10k area. No telling if it goes that low... but that's what I am targeting.
I believe dogecoin falls to 4 cents in mid november for our upcoming market capitulation. I believe it is very possible doge runs up to 20$ by january 2023 if we have another bull run in 2022(at the moment i think we will have another bullrun in 2022). You can call me crazy that the crash and/or the run up to 20$ wont happen. That's fine. This is just my...