Here I have 2 different ETH harmonic chart patterns, one deeper than the other. Red is where I think we'll get a relief pump from within the box as I think that ETH is possibly in an ABC correction which would ultimately take us lower into the bigger green harmonic end point.... This is not financial advice and you should always have your stops in place.......
Looking through from a harmonic perspective this is what I have. Trade safe, not financial advice
Don't get me wrong, we're not going to drop all at once, the pattern may also evolve, this chart has been on my desktop for well over a week (seriously) and as you can see it hit within my tolerance yesterday. We may drop towards the B point as there's something forming in-between ABC, so I'll let this evolve and see where we we........
I've had a bullish harmonic, but now I have a bearish one. It's always good to have both views in place if you can find them, so, here its the bearish view. Deep Crab harmonic..... Nothing here is financial advice......
I posted a chart in Sept 2023 about a potential scenario of bitcoin hitting $56k, this is when it was trading at $25k. Now on the weekly I've spotted a similar potential of a cup and handle. There is no handle as yet. The ETF money that's flowing into bitcoin right now could just drive this up without the handle, or we could drop back some to form a handle, as...
Using the Wyckoff schematic attached into the chart I'm watching for any distribution around here. This is for now theory as it's looking very much like it, but we'll see. Just a cautionary heads up for now......
Been toying around with this pattern, its hit some targets, can it hit $56K? Watching.........
I don't usually do memecoins but PEPE might have formed or forming a cup and handle here. Keeping an eye on this one......
Last btc halving was 11th May 2020. I've added 2 vertical lines, first line is what happened in Feb 2020, a 63% drop pre-halving, now I'm not saying we are going to drop that much, but what I am saying is that its time to be careful around this area. No one knows what will happen now that the hedge funds are invested, but nothing is going to go up in a straight...
I'm longterm bullish on BEAMX, a deflationary token that the team are buying back and burning out of existence. At this point it looks like it might want another leg up soon. I'm a spot buyer of this for the next bullrun, but I'll leave you with this formation.
After a 62.45% drop it looks like BAKE may have finally found its bottom (caution before we go further) SEC news on the BTC ETFs is 2 days away from posting this, there could be some violent swings. $1.25 would be the technical target, but as with my SOL chart, we could overshoot if the ETFs are approved, or it may take more time to develop, or we could dump hard...
A buddy of mine on a discord channel mentioned MASK 3 day and thought it was brewing something, so I've taken a quick Look and came up with this chart. Possible $5 target, I've taken a long after a bit of a flush this morning (26.12.2023) A few of my other charts have been working out pretty well, I think my success rate is about 50/50 or 60/40 so far. For the...
Posted a W bottom yesterday which I thought had formed, but now after looking at the 10 day it looks to me that ARB has another leg down, whether its from here or a little further up we'll have to wait and see. Bear in mind that each candle is 10 days, it should take around 8 weeks to resolve
NEAR has formed a cup along with a handle. The handle has dropped 14.91% and has moved back up, now it must break the rim of the cup to push on. Target is on the chart of roughly $5.9 area
Looks like a cup and handle pattern with the handle probably printed with a 6.xx% drop. Take a look......
Just took a quick glance at ICP, seems like it might want to have a little pump soon. I'll be looking for a low leverage long here very soon. Take care, CPI is today in America, I'd suggest low leverage if you're using leverage.
Previously I posted about KAS being in a Wyckoff accumulation. I now think we have our boundaries of the accumulation at the next stage which is re-accumulation. Boundary is between 0.115 and 0.1465 and we should bounce around here until the next breakout. Date range is also added, but I don't think the range from the first accumulation to the next will be as...