Shwayze

Shwayze Nov 20, 2024

BTC seems to continue its trend of dying off, frustrating investors and media, and then rapidly increasing to new highs. We see a chart almost like a cup and handle pattern above, called a 'reverse' head and shoulders pattern. Each shoulder is created by the dips from the trend line, making a large head (taller than both shoulders), coming back up to the trend...

Shwayze Mar 30, 2024

Bitcoin looks as if it may consolidate into a bullish pennant, with momentum from 38k to the 70k area, consolidation between 61k - 73k, which MAY take off within even a couple weeks to a month up to 100k or more.

Shwayze Oct 26, 2023

Bitcoin / USD has hit the top of its current trend channel, and is not currently in a breakout. Yes, it has had a good week compared to previous ones, but until it breaks above the trendlines, don't expect much yet.. Also in the chart, we see previous resistance around the 50% Fibonacci retrace line, so if it does make a run for it, expect to see some downward...

Shwayze Mar 21, 2023

BTC has been making some promising moves, and showing signs of turning around on the 4HR, 1D charts. On the 1D and 1W charts, BTC likely to hit heavy resistance at previous support (30-32k) and the Fibonacci line currently above price. This could cause downward pressure on price and return to low again before retesting. This is a short term prediction. Long...

Shwayze Feb 16, 2022

Bitcoin is now testing the upper and last trendline of our current downward channel. If breakout is confirmed, we also have a possible Inverse Head & Shoulders pattern. If this pattern plays out, I targeted 3 possible pricing points: 49k-52k, 58k-60k, and 65k-68k. Shorter term price of 50k is most likely if breakout occurs.

Shwayze Feb 16, 2022

Ethereum shows a short term inverted Head & Shoulders pattern on the 1D Chart. If this proves to be true, the short term price would hit $3500 - $3800 (peak just before dip creating this pattern). We could also see a longer term trend testing the all time high of Ethereum in the near future. Could we see a 5k ETH price this Spring/Summer?

Shwayze Updated  Feb 16, 2022

Bitcoin recently seems to have gained a little steam, hitting a low around 32k-33k. It broke out of its original channel, but there is still a valid trendline with the top around 45k that it has yet to break out of. We are currently just above the 50D MA, and the 500D MA. Currently, the price has retraced back down to the 50 Day Moving Average, which...

Shwayze Jan 22, 2022

Bitcoin breaks down in smaller channel, just part of larger pattern. Fibonacci drawn from $3700 low to high shows 2 support areas, 50% at roughly 35k and 61.8% at 28k. A shorter term Fibonacci sequence can see support at 32k also. Downward channel can trend towards late March. I don't foresee Head and Shoulders pattern actually playing out, as this would...

Shwayze Dec 26, 2021

The longer term cup & handle puts a higher peak on the price, as well as extends the gain out to Spring, 2024. I may like this one a little better

Shwayze Dec 26, 2021

On the 1D ETH/BTC chart, we have a cup & handle pattern, which created the lid, with the handle bottoming out in October.. The price has now rose above the lid, at which point we may see another push upwards to the target area of 0.1 BTC. This would be a large gain, and may take some time to complete.

Shwayze Updated  Oct 29, 2021

BAT/ETH is one of the duos where I feel I can earn just a little extra from, when the Altcoin Season Arbitrage hits. Reason being, is that it feels like we now have 3 separate tiers of coins to sell into, ETH / BTC was the original, which I will still take advantage of. Then we have coins like LINK/ETH and BAT/ETH all available on Coinbase Pro. The Alts SHOULD...

Shwayze Oct 25, 2021

Ethereum has remained strong but slow this year, which has a lot to do with the failures it has faced, or challenges it has faced in becoming scalable. It was first to come out, as a leader of the pack, and showed other projects what not to do. But, it still remains very much a leader today, and I wouldn't be surprised if this eventually jumps Bitcoin for...

Shwayze Updated  Oct 25, 2021

FTM looks solid, and is about to hit an all tie high price. this will be enough momentum to push it up to the $3 range. Only thing stopping it, is what will BTC do? If it falls flat again, Alts go with it.

Shwayze Oct 22, 2021

BLOK has been generating some excitement, and its easy to see why - with the prices. As of this moment, we are testing the All Time High - we should get kicked back down momentarily, before overcoming this position and rising up to 0.045 If you are looking for similar pattens, Fantom (FTM) just did same exact move

Shwayze Oct 19, 2021

Fractal showing signs of becoming a Cup and Handle pattern, something that recently sent NuCypher to all new highs, at $2.35 We have the dip forming the cup, and the new cnandlesticks riding up what looks to be the die, Remember* To Trade a cup&Handle Pattern, wait unti data goes to the lip, or highest price, and then buy in

Shwayze Updated  Oct 15, 2021

Here is my latest Bitcoin Projection. This longish bear trend is almost over! I projected a few months ago, that it would hit its lowest peak between early - middle October. My guess was around October 9. After that, we should swing upwards to our previous high, at which point we will level out from selling pressure. But by then, its too late, the price...

Shwayze Oct 15, 2021

Bitcoin is on track to either hit the previous All Time High, or Break it, with a formation of this ascending triangle. This is a bullish formation, where the price accumulates on top, and the lower prices are brought higher and higher, until there is a breakout upwards. Historically this pattern has a success rate above 70%. Bitcoin Dominance should have hit...

Shwayze Updated  Oct 15, 2021

Check out these Fundamentals, which means potential future involvement in major corporation, and potentially Government contracts. The rumor of KEEP and NU merging to form Keanu seem to be a reality, as NU benefits KEEP by providing its validators. Nu was also recently added to Coinbase, as well as Coinbase Institutional. Tesla had made news recently from ELON...