h77nry

h77nry

BNB ready to dump 🤔 I'm not a huge fan of pattern trading as it is very subjective, however when something is as obvious as this then it can't be ignored. BNB currently is in a very clear rising wedge pattern which only increases it's odds of playing out the way we expect it to. This is due to mass buyer confidence. If we get more rejection from the ATH area of...

h77nry

Currently BTC is in a range sideways cycle and consolidating around the 90-95k mark. BTC is still looking more bearish on higher time frames despite the pull backs and pumps on smaller time frames. On the weekly this pump we have just had just seems to be a larger pull back but i would expect this to respect the fib levels and reject. This presents this short...

h77nry

Good confluence all round for a short on XRP, i was waiting for BTC to reject the $96,555 price level but on smaller time frames it look like price was changing and volume had dropped, all the criteria i needed to enter the trade on XRP was met so i entered. If BTC has another short pump to the $96,555 level then i may be stopped out on this XRP trade depending...

h77nry

Based on the current market, all the fundamentals and technicals considered i think BTC could hit $150,000 in 2025 on the next bull run, but first we need a large pull back to complete the fib's retracement levels. On the monthly time frame the candle formations have started to clearly show signs of deceleration and liquidation as the market slows down, we also...

h77nry

XRP short potentially to $1.57, based on the current market conditions and the TA i have done i would expect XRP to reach this level. XRP is correlated to BTC however it is slightly more delayed than other alt coins simply because of market cap being much larger so it takes longer for the market to move than others like SOL etc. If BTC continues to fall in price...

h77nry

Solana could potentially see a big dip in price if BTC continues in short downward trend. As we all know SOL is correlated directly to the movements of BTC, in fact they are exaggerated on the SOL market, a 2% price movement on BTC could see 7-10% on SOL. If BTC continues downwards then Solana can jump from $180 to $140, there is also TA to support this. As...

h77nry

Based on my TA, BTC has now confirmed a short term trend change on the smaller time frames which will result in relief / pull back on the higher time frames (W,M). BTC recently just crossed over the SMA's, pulled back and rejected them as well as a major key level. There is also the case of the SMA's (21/9) crossing over on the 4hr indicating a trend change...

h77nry

Finally some clarity from BTC, well worth sitting on our hands for a short period. We created a short term down trend with multiple confirmations (SMA break and rejection, LL's & LH's etc) a retracement back to the golden ratio and a rejection from a major key level has resulted in some bearish momentum for BTC and all correlated markets. We'll se how this plays...

h77nry

After the small pump from BTC to produce a new ATH, XRP followed shortly after with a small pump above a resistance level to $2.70. This area was likely filled with liquidity both for buy orders but also be a lot of limit sells for shorts. You can see the manipulation on the charts as the price clearly spikes through this range to settle again beneath. XRP is...

h77nry

The daily time frame candle from yesterday provides a significant reversal indication. on the monthly and weekly there is also clear exhaustion being shown representing positions being liquidated. The bears could potentially take over very soon for a bear market as we enter into 2025.

h77nry

Silver Long / buy idea On high timeframes monthly & weekly silver is bullish and currently at a higher low which also aligns very nicely with a strong support level which is being rejected. On the daily timeframe the SMA's have crossed and the market does look to have pulled back and is currently rejected that price level which is good confluence that the trend...

h77nry

BTC has been consolidating around the $90 - $100k price now for 20 days or so, the weekly time frames are clearly showing price slumping as liquidity and volume slows down due to traders liquidating positions and capitalising at the $100k mark. I do believe people are still buying BTC and there will be LOTS of fomo buyers at this price, but usually this is where...

h77nry

Just a quick & simple update for SOL. I have a few of my entry criteria being met for a trend change short opportunity on Solana. On the daily time frame you can clearly see the crossover of the SMA's (1) The market has pulled back to retest the crossover price area which also lines up with the %61.8 fib retracement level which is additional confirmation for me...

h77nry

Previously i stated i was waiting for XRP to develop to provide more data to generate some better predictions using TA. I said that XRP seems to be in a consolidation phase and it still looks that way, aggressively bouncing between key levels. Price rejected support at $1.95 and pumped to $2.47 which is roughly where XRP is sitting now. Based on basic TA the...

h77nry

As you can see XRP is entering what looks to be a consolidation phase / sideways market cycle. On the higher timeframes (daily) it is also evident. There is a lot of uncertainty and manipulation taking place with XRP, bouncing around from key level to key level. The whales are laughing all the way to the bank as retail traders emotional decisions of buying and...

h77nry Updated 

An update on my previous post regarding XRP. As you can see XRP did break through the $2.40 price level, i would like to think this could be some manipulation and a liquidity trap from short sellers at the $2.40 level as it is an easily identifiable key level. On the higher timeframes however the fib does show a perfect reversal of half the previous extension to...

h77nry Updated 

Gold has been in a bear market since its ATH of $2,790 back in late October, as my previous gold post stated there was an opportunity for a short against gold which could see potential returns of around 7-8% in just 60-90 days (prediction generated using trend cycle AI tools). I have slightly adjusted key level's after spending some more time utilising MTFA, the...

h77nry

BTC long opportunity to $103,670. Simple break out from a descending pattern coupled with rejection from the SMA's on 4hr time frame and the rejection from $99,000 on higher time frames, also notice the low test candle on the 4hr slightly piercing through that support level. Expect a pull back at around $101,600 - $101,700 for liquidation and relief for retail...