ProR35

ProR35

Last weeks high: $108,403.98 Last weeks low: $92,261.97 Midpoint: $100,332.98 Last week we saw a swing fail pattern (SFP) of the week previous' high. Ever since then it's been a steady sell off throughout the week, mostly thanks to JPows FOMC statements despite a 25bps cut as forecast. BTC is now battling the 4H 200 EMA for the first time since the US election, a...

ProR35

With Bitcoins huge institutional backing seeing it far surpass $100k and reaching a new high of $108k, it's easy to say that the biggest cryptos future looks bright, but what of altcoins? Looking at the TOTAL3 chart there are a few key points I'd like to highlight, some positive and some negative: 4H 200 EMA - This moving average is so important for the short/mid...

ProR35

Going into FOMC the consensus is we'll see a 25bps cut from the FED (95% chance), this would take interest rates from 4.75% to 4.5%. Because the expectation of a cut is so certain, we can assume that the markets have priced this in so baring any craziness in the form of a different result we should see market sentiment remain the same, bullish. A FED...

ProR35

Last weeks high: $106,649.88 Last weeks low: $94,177.33 Midpoint: $100,413.61 A new ATH for BTC last week as we saw $106K for the first time, truly amazing price action since the Trump election win. NASDAQ:MSTR , IBIT and other massive institutions are continuing to buy with more companies having rumoured to add BTC to their balance sheet, demand is strong and...

ProR35

For the last 6 months straight, BTC has pulled back on the monthly open and each time price has recovered and pushed higher. We are currently seeing the first half of that with a rejection off $98,000 so the question is, where does it stop? The first place of interest is ~$93,500, a bullish orderblock with a strong candle following it. In a Bullrun these areas...

ProR35

Last weeks high: $98,894.77 Last weeks low: $90,786.17 Midpoint: 94,840.47 Last week was all about altcoins as Bitcoin takes a backseat after a the "Trump pump" rally. Consolidating just under the $100K big even level has seen rotation into Ethereum finally and more surprisingly dino-coins such as XRP, LTC and more. XRP has rallied to ATH (+300%) in less that 1...

ProR35

Last weeks high: $99,591.61 Last weeks low: $89,381.02 Midpoint: $94,486.31 Crypto continues to climb! Bitcoin less than 0.5% off the famous $100,000 milestone, we could see it broken this week if momentum is to continue going into month end. Last week we saw a steady climb from Monday to Friday with a similarly steady sell-off over the weekend, mostly due to...

ProR35 Updated 

Celestia is a project that has a lot of potential this Bullrun, we saw an early surge in the beginning of the year once the project was released nearly one year ago. A modular blockchain network, first of its kind is an exciting new technology and we've seen how well new projects do during their first Bullrun often outperforming their older rivals. I would like...

ProR35 Updated 

Solana has been one of the best performing majors so far this Bullrun, and has had one of the best reactions to the recent sell off. The DAILY chart is an interesting one and clearly respects the range structure, currently the price has just rejected off the MIDPOINT and for me is an area of contention, there are some triggers i'd like to see and can take action...

ProR35 Updated 

SUI has been on a great run in the last few months being a first mover in the altcoin space while BTC has been chopping for 6 months, now SUI is on the very edge of pushing above above the local high. The chart on the right is SEI and looks like the chart lines up perfectly just lagging behind by a month. This could be a great trade opportunity going into the...

ProR35 Updated 

Simple chart with key levels shown. After the Trump victory price has broken out from the downtrend of 7 months. So far the breakout has been capped at the major resistance level of $2850. It's a clearly important S/R level with clear TPs on the way back up to local high. Entry is a tricky one, the macro is clearly bullish with the election news + interest rate...

ProR35

Memecoin play with some strong numbers and community: - FWB:69M MarketCap - $42.5m 24h volume (61% Vol/Mcap) - 100% of max supply (980M) in circulation. (Self-reported) - Solana chain Currently not yet listed on Binance or Coinbase but there are rumours that it may be listed soon which would bring a lot more potential buyers to the coin. For memcoins...

ProR35 Updated 

The day is finally here. The world is watching but most importantly the crypto market is watching too. Trump still leads the Polymarket forecast and IMO opinion that would lead into the next phase of the Bullrun, breaking out of the 8 month downtrend and complete the bullflag continuation pattern. If the Democrats win I could see a delay in proceedings, a flush...

ProR35

Last weeks high: $93,269.62 Last weeks low: $86,738.62 Midpoint: $80,207.62 The "Trump pump" continued last week as BTC hit a massive $93k, another new ATH. Later in the week some of that progress did retrace mainly due to news events such as CPR & PPI data as well as profit taking/ de-risking. This week should be an interesting one as we see an early surge...

ProR35

AI project NEAR looks to breakout of an important mini range that has been holding it down since mid June. This important S/R level @ ~$5.50 is key for the LTF with a bearish OB, a move above would mean a new higher high after a higher low therefor confirming a daily bullish structure continuation. The chart shows the next bearish OB expected resistance levels @...

ProR35 Updated 

Bitcoin is often referred to as digital gold as they are both stores of wealth, but how do the charts compare? Firstly GOLD has been around for much much longer than BITCOIN so naturally the charts are not comparable in terms of duration and that should be taken into account. Golds PA plays out over a much longer timespan to BTCs but the chart patterns are...

ProR35 Updated 

Altcoins have struggled in the last 5-6 months since BTCs slowdown. Some alts are down 80% from their highs but are now displaying a promising pattern for the bulls. The chart shows the daily support that intersects 3 points that make a head and shoulders pattern. This H&S pattern is an important reversal structure that if gets completed would signify the bottom...

ProR35 Updated 

Last weeks high: $81,532.47 Last weeks low: $66,852.48 Midpoint: $74,192.48 BITCOIN ATH! After a Republican victory in the US election. A massive moment in history and the markets have reflected the enormity of the moment. Since the announcement of a new president BTC burst through the $74,000 ATH price has continued to climb all the way to a weekly high of...