BTC Loves taunting us in this current range, however macro is changing with Larry Fink labeling Bitcoin “digital gold” is BTC a prime candidate to act as a modern day hedge to big money? So the big question is where do we go from here if we look at past halvings it’s likely Bitcoin has seen it’s bottom in 2022 of December - forbearing Binance doesn’t collapse...
MASK had a nice reaction to the lower trendline of the ascending channel, bounced into resistance and retraced as normal. Though after retracement we held a higher low, and over the past few days MASK has managed to make it back up to the 4hr FVG. I’m my opinion This is the do or die moment, as the structure formed on the 1 day chart looks quite bearish. Mask has...
FET, slow drip lower while maintaining bullish structure - Also forming a cup and handle. Either A we form a HL and head up to 0.78-1.00 or a bearish look toward the bottom of the range
Maker has gotten pounded over the past year, beaten all the way down to its 2019 accumulation range. Looks quite intriguing, severely oversold with a few on chain whales shuffling in. Looks like do or die for this coin in this range - however R/R looks good added to the watchlist.
Looks pretty textbook, something to keep an eye on over the next few days. A lot resting on ETH & BTC next steps.
BTC in the midst of its retracement from its December move up from 16K, is this a standard retracement before continuation to 35K or are we heading to retest the lows? BTC can surprise In many ways, so level by level is my approach. Im expecting a pop to grab liquidity above, then head to fill some gaps. What happens there will tell the story of bullish...
MASK rumored to be apart of the future twitter payment system, forms a higher low & broke from the daily downtrend. I’m seeking for mask to flip the Daily S/R as Support. In order to hike it’s way through resistance (Red OB’s) and head toward the $9-$11 level. Looking quite bullish.
Pepe minting millionaires in its first month. Has ZERO utility and is a playground for whales to pump and dump their friends. However the steam may not have ended and this is the moment of truth for our friend Pepe. If we can create a higher low here, I think there’s reason to believe Pepe could head to 0.000006. However with the massive downfall there will be...
BTC has performed well the first half of 2023, topping out around 31K, since then we have seen a correction that has crypto twitter rumbling about lower lows. In my opinion BTC is in its decision point, if wether or not the H&S plays out , or if it painted to trap shorts and squeeze us above our recent high. One things for sure is the majority are bearish and a...
Arbitrium has followed through on my original idea, breaking through support forming a lower low. Now that we have bounced it seems Arb is finding resistance in the wrong places, as well as a lack of support to push up. Leading me to believe that the markets wants lower. However if this develops into sideways consolidation we could be forming a bottom. I’m leaning bearish.
LTC has started the week strong, bouncing from the weekly support and pounding through resistance with no issue. I think this is a sign that we are really beginning to see Support pre-halving. If we’re able to flip the daily support around 85 during retracement we should complete a 5th wave up which makes me bullish for Litecoin to head to my upper OB. Targets...
After recently completing a classic head and shoulders pattern KSM seems to be attempting to bottom. The recent low is a relevant area to the December move up, though I was hoping to visit my lower OB, I think with how oversold we are and being in relevant support. This could be a good area to begin scaling in, keeping in mind we are still waiting for confirmation...
Similar pattern to LTC, except a lot more room to move down. Something to keep an eye on if we loose support may be time fill the gap as we see BTC retrace deeper.
The Double Top is playing out as we lost crucial $85 support this Sunday and could not reflip it. I’m anticipating a neckline test around $69, however lots of buy orders around $76 to keep in mind. After this test we will see if she chooses to confirm the pattern If she does the $54 level is crucial to hold for something more bearish pre-halving not to be...
Neutral here. Macro picture is bearish, double top with neckline not yet tested, we’ve also formed a bear flag on the daily chart - leaning me towards lower. At minimum double top neckline test. (Check my other post for macro chart view) However on the LTF during FOMC we bounced from the range again, creating a double bottom & today retraced into the fibs of the...
The monthly doji candle close paints retracement & we’ve only been range bound. Like to see us test lower support for either a double bottom or breakdown to a lower low. Bullish long term on this project and would accumulate a small bag. Let the show begin!
DOT, great potential with SEC considering labeling the coin as a commodity. When looking I feel neutral about the chart, we see a change of structure & yet not much impulsiveness during the April alt-coin rally. A test of lower support seems probable if the BTC retracement is coming in the following months and maybe even new lows.
Possible idea on the daily, testing neckline as of today. The lower yellow horizontal trend-line was a relevant liquidity grab in 2020 would be a great opportunity to retest but is not necessary. Gray line is my conservative Target based also on a 2020 level on the daily chart. Green are additional order block considerations.