swineninety9

swineninety9 Updated 

I noticed this on the 15 min BTC/UDS chart. BTC/USD appears to be in a repeating Wycoff distribution pattern. In my opinion BTC should have broke up or down by now. Everyone can feel this is dragging on unnecessarily. The last time it formed this pattern was in Dec. or 2023 before it broke through resistance went sideways a few days and then launched to new all...

swineninety9

Since the Friday launch of the official $Trump Meme Coin, both $Trump and Solana are literally "to the moon" in just a few hours. All I can say is with the inauguration just 48 hours away, this will be the most epic pump and dump in the history of Crypto. I'm sitting this one out. No telling whats going to happen, but its going to be fast and brutal whenever it...

swineninety9

The markets have had a rough end of the year. The S&P 500 has printed a pretty clear head and shoulders pattern. Is this a fake out, or will it break to the down side? I don't see anything different now than a few weeks ago, so can we mark it up to end of the year tax covering and profit taking? Or is there something more severe going on? A rate cut and Trump...

swineninety9

Micro-strategy is currently hovering around the lower breakout point of the current Pennant or Triangle chart pattern. If this is not a fake out, it could signal lower prices to come for crypto's across the board. If it holds, I expect it to move to the upper area of the pennant or triangle and if it breaks, we will see newer ATH for BTC and other Alt Coins....

swineninety9

After the broad "Santa Rally" on Dec 24th, several Crypto's appear to be in a short term distribution. With the low volume during the holidays the market makers can do a lot of manipulation to the market, so anything is possible, but I see a lot of news saying the market is going to open to the upside. On the other hand the charts look more like DOGE and other...

swineninety9

BTC is starting to show the signs of a Wycokoff Accumulation pattern on the 15 min chart. I think it is too early to use it to make a trade as the general market sentiment is unknown when New York trading opens up on Monday. If the S&P 500 and other exchanges open down on Monday I would not expect this pattern to continue and BTC could move down further. If you...

swineninety9 Updated 

COIN Appears to be in the LPSY Phase of Wyckoff Distribution. Compare a Wyckoff chart with the Coin chart and you will see with match up with the LPSY phase of Wyckoff Distribution. Trade carefully.

swineninety9 Updated 

Compare the chart with the final stages of a Wyckoff distribution cycle chart and you can easily see with are in the final stages of the LPSY phase. I expect BTC to open to the upside during London open or NYSE open then crash quickly. Trade carefully.

swineninety9

The S&P 500 appears to be moving very horizontal at the moment, possibly forming a bullish flag or pennant. However, the pattern is a little too horizontal to be clear, so its also possible this is a short term top of the market, possibly for end of the year profit taking and covering tax liabilities. A look back in the last 10 years of chart history does not...

swineninety9 Updated 

After an explosive mid day, lightcoin jumped to $130 from a low of $114 USD per coin only to sink back down to Sub $118 per coin later in the evening. Looking at the trend line this cycle, lightcoin has stuck closely to this area. The question is... will it break down or will we see a repeat of the last two cycles with a jump to over $420 per coin. For long term...

swineninety9

There is a pretty clear head and shoulders pattern forming on the BTC/USD chart. If the $104,000 support line does not hold, I expect it to go much lower. A lot of BTC related stocks and EFT's also look like they have been in a distribution pattern the past weeks as well. Hold on to your horses. Based on history a flash crash in and around the Christmas or New...

swineninety9

Bitcoin is currently hovering just below a historically strong resistance point which has existed going all the way back to the December 2017 high. On this current cycle, that level is $107,000 USD. If its going to break that resistance for the first time in almost 10 years its going to take a lot of smart money to do so. Be careful going long here. If you were...

swineninety9 Updated 

BTC 50-56k, are we here again already? Everyone is asking the question, which way this time? Will this hurt as much as it did the last three times? Will we have a double peak like BTC had in 2013? Currently I'm leaning 70%/30% long. The purpose of smart money is to accumulate dumb money, and distribute it to themselves, so we should always do our analysis with...

swineninety9 Updated 

BTC/USD Decision Level - Will it go up (Repeat 2013)? Or Down? Since BTC has broke resistance at $50k USD, the big question on everyone's mind is, will this bull run continue and repeat the double run of 2013? Or is this just a retrace before BTC goes lower? Here is my take of the chart action unfolding now ... My take on why it might go lower: - Smart money...