$SGMA: Bullish Divergence within a Range at Support LevelWe have a good amount of Bullish Divergence at the Support level of a long standing range as well as what looks to be a future W shape that could take us up to a minimum of $30.
BAMM
US 10 Year Yield On The Cusp of Breaking DownThe 10 Year Yield has been trying to hold this B point level as Support for the longest time but everytime it tries to bounce it gets pushed right back down and in the most recent try we saw it come up to test the moving averages while it Bearishly Diverged and began a Death Cross. If we can get a serious BAMM Breakdown from here it coulkd go down all the way to 1.4% which would likely coincide with a huge decline in the DXY and a rise in the stock market.
NZDUSD: Pullback Looking for Continued Hidden Bullish DivergenceThe NZD has pulled back to the POC and the 100 SMA after a previous rise that confirmed Hidden Bullish Divergence, if the NZD can continue to hold above the current level we will continue the Hidden Bullish Divergence and likely go for a Bullish BAMM type of Movement to the 0.886 or Higher
DXY: Bearish Monthly Dark Cloud Cover We have a confirmed Dark Cloud Cover visible on the Monthly Timeframe and are currently at risk of breaking through a Dragon Trigger line on the Daily/Weekly Timeframe. If we Break the Trendline I think we will come back down to the Potential B point of the Potential Bearish BAMM triggerzone between $91-$88, if the DXY breaks below that zone then it will open up the possibility of it going down all the way to the BAMM Completion Zone which would take it down to anywhere between $76 and $64
US30 A potential BATUS30 in HTF looks like forming bat, price swapped the base as per RTM and price approach forming 3 drive.It might take few months to reach target but once it react from C it would definetly complete prz
TRXUSD: Cup With Handle Visible on the MonthlyTRX had a similarly Bullish ABCD BAMM Pattern on the FTX chart but that has since played out and gotten shut down. Now we move on to currently active exchanges and we can still see a Potential ABCD BAMM and a Cup With Handle; if we can stay above the moving averages i suspect we will pump to the measured move between the 1.414 and 1.618 Fibonacci Extensions above.
SANDUSD Bullish BAMMWe have alot of shorts popping up on SAND as the BTC price action remains sideways we also have Hidden Bullish Divergence and this is all happening at Session Levels; If this goes as expected we can see it move up about 10%
WAVESUSD: Potential ABCD BAMM Could Take It Up 18%Waves is in a Descending Triangle at the highs but it showing signs of a Potential Bullish Head and Shoulders and a Potential Bullish ABCD BAMM, if this plays out the measured move will bring us up about 18-25%
DOGE Momentum Shifting Structure May Result in a 68% Upside MoveDogecoin has been hitting the same high over and over and recentlyy has been making higher lows each time; it would seem that it intends to eventually crack that hard resistance level and when it does it will likely pump to the nearest resistance up at the B point at 11.2 cents and after that the 0.886 BAMM Retrace up at 14.8 Cents.
ETHUSD: Logscale Bearish BAMM Targeting 49 CentsThere are quite a few reasons the charts have given me a reason to believe ETH could at least see $168.1- $128.87 that I'v posted before, but there's also some reason to suspect ETH will lose 100 Billion Dollars in Market Cap to which I have also posted. These arguments can be found in the related Ideas Section. This here is simply the price chart variant of those setups. I think if one target worst case scenario we can see $0.49 which would be the PCZ of the Logscale Bearish BAMM but, if one wanted to lower the stakes a bit then we could settle at $168.81-$128.87 which would be around the PCZ of the local Butterfly BAMM.
We also have a Bearish Dragon Breakdown on this higher timeframe that would target atleast $7.94
Bitcoin Cash: Bearish Divergence Price ProjectionBitcoin Cash is showing both MACD and RSI Bearish Divergence on the 4 Hour Timeframe at the Hi-ADR and this could result in BCH forming a Bearish BAMM to take it back down to the 0.886 Fibonacci Retrace at $99.67 if my projection is correct.
DexCom: Potential Early Bearish C EntryDexCom appears to be in a Diamond Pattern while showing big MACD Hidden Bearish Divergence on the Weekly Timeframe that could later lead to a Confirmed ABCD/Gartley BAMM Harmonic breakdown upon the breaking the B point which from there likely could take it down to the Pattern Completion Zone of $30.64.
I will be playing this via the currently slightly OTM: FEB and MARCH $100 Striked Puts.
ETHUSD: Bearish ABCD BAMM WIth Hidden Bearish DivergenceI still hold my Macro Target of $168.81 on ETH but for now just considering the local price action i think ETH is set up for a move down to around $1080 which will be the PCZ of this Potential local ABCD we may be forming here as we show Bearish Divergence at the 200SMA as the Potential C Point.
Bearish Shark and Bearish BAMM Continuation on Best BuyThis is a continuation trade to a previous Bearish BAMM Range Breakdown trade. BBY has a Bearish Shark with MACD Hidden Bearish Divergence visible in the area of a Potential Right Shoulder of a Head and Shoulders Pattern that could take us down to around $40-$30 if real.
LTC Bearish Butterfly BAMM Targeting $60LTC has tried to hold this zone up here but it looks like the macro will drag it back down for now. I think it will have a shot at going back up at $65-$60
ETHUSD: Bearish Dragon Targeting $1100We have a Bearish Dragon and BAMM on Ethereum that looks to target $1179-$1100
USDSGD Preparing to BreakdownUSDSEK is setting up in a Potential Bearish BAMM and is currently Below the POC and 200 Month Moving Average, this will kind of be a bet on the upcoming FOMC but i think whatever news we get will be used to dump the US Dollar and break down.
Uniswap/USD Bullflag Bullish BAMM ProjectionWe have Hidden Bullish Divergence above all the Moving Averages and near the BAMM triggerline, if all gues as expected we should see $7.43
AUDCHF: Bear Flag With Double MACD Hidden Bearish DivergenceWe have a Bear Flag with Double MACD Hidden Bearish Divergence while the RSI rests on the edge of the Bearish Control Zone. We have broken down a previous flag under similar conditions before. This time if we break down my target will be the 0.886 Fibonacci Retrace below.
Bearish RBOB Gasoline Futures BearflagThis is kind of an extension to the US Crude-Oil Bearish Bat trade from the other day; So we have a Bear Flag on the Gasoline Futures chart and we seem to be confirming a Break Hook and Go that has room to take us to $2.00 if it holds.
XRP Looking to Nearly Double in ETH ValueXRP is sitting above the 89 and 200 day Moving Averages and has developed some nice looking Hidden Bullish Divergence if it holds out we should atleast see XRP come up to the 1.618 Fibonacci Extension.
Ethereum's activity overall is not looking like a very fun market to sit in however there are many alts that seem to be setting up to take ETH dominance away from the total marketcap of crypto and among that list XRP and LTC rank the highest of all of them.
Potential Bullish 5-0 on the TOTAL Crypto MarketcapWe've had a bit of a pullback on TOTAL Crypto Marketcap but we are still well above where we started and are holding 5-0 Harmonic Support. If things go as planned we will continue higher from here and hit the first target of $1.2T and if we break above that, the final target of $1.7T
Here is a close up of the Shark and the 5-0 on the 4 Hour Timeframe:
NZDJPY: Bearish Dragon on the Weekly Timeframe.We have a Bearish Dragon and a Gartley Bearish BAMM on the higher timeframes for NZDJPY. Yesterday i Attempted an entry on a Lower Timeframe but was unsuccessful; However, I still have a Higher Timeframe Bearish Bias and I will be maintaining my Bearish entry and even adding to it at this current price level for the Probability of Realizing the Greater Move down as I am currently quite Bullish on the Japanese Yen in General especially due to how much the Yen has been beaten down as of late a recovery should be in order for the Yen.
