


The only 1040 I see in the future is not profits on your US tax return but the price of Bitcoin and that is $1,040 by next July 2023, a drastic decline from the high 60k's. The trend line for Bitcoin is showing a consistent rejection from the same trend pattern. The only support leading down this trendline is $1040 which means a reversal of polarity and the final...
I'm concerned that there is a death cross on the 4 day chart for Atom. This asset has had significant gains since the 2020 bull run and Luna 1.0 renamed Luna Classic is on the Atom network. I'm not sure how the 2 crypto assets are correlated but I do know that Atom hasn't taken an underwater dive yet and with this fresh death cross on September 6th, 2022 I would...
Gold recently had a bear cross and the price dropped a little bit, however each time the price goes up and down GOLD is closer to a golden cross which is an indication of a bull run.
Bitcoin is currently on the 14 hour chart and a recent breakout failed at 25k. I anticipate more downside to the 10k area next and then another breakout attempt. To validate this theory, there was a recent bear cross on September 15th, 2022. The market is very vulnerable and sell off pressure is inevitable. The market as a whole appears to be heading in the...
As you all may already know. The SPX index dominates the global market direction and goes back to the 1872. Cryptocurrency along with BITCOIN is also dominated by the SPX index. Right now after inflation the SPX received a death cross which is why the markets are bleeding. GOOD NEWS is that the bleed maybe over for the short-term which is about 6 months to a...
Trade setup: There are signs of trend reversal. Support at $100 has held up so far and the price broke through the down trendline. Was rejected at $150 where it encountered stiff resistance and profit taking by traders. (set a price alert) Trend: Uptrend on Short-Term basis, Neutral on Medium-Term basis and Downtrend on Long-Term basis. Momentum is Mixed as MACD...
Trade setup: Bullish Breakout from Channel Down pattern, which could be beginning of a trend reversal. Price has made a Higher Low and Higher High, also a bullish indication. There’s selling pressure near $25K-$26K resistance zone. Wait for price to 1) break above $25-26K resistance, or 2) pull back near $20K for a swing entry.(set a price alert). Trend: Uptrend...
RSI 9 Overbought RSI 14 Overbought RSI 25 Neutral STOCH Fast Oversold STOCH Slow Oversold Stochastic RSI Fast Overbought RSI Divergence Bearish and Hidden Bullish
Data only pertains to 1 day chart. RSI 9 Overbought RSI 14 Overbought RSI 25 Overbought STOCH Fast Oversold STOCH Slow Oversold Stochastic RSI Fast Overbought RSI Divergence Unusual Volume Spike Yes Ultimate Oscillator Bullish ADX Neutral MOM Bullish MACD Bullish
Trade setup: There are signs of trend reversal. Support at $100 has held up so far and the price broke through the down trendline. Reached $150 where it’s likely to encounter stiff resistance. (set a price alert) Trend: Uptrend on Short-Term basis, Neutral on Medium-Term basis and Downtrend on Long-Term basis. Momentum is Bullish ( MACD Line is above MACD Signal...
Next move is probably 3k-4k. Ultimate Oscillator - Bearish ADX - Strong MOM - Bullish MACD -Bearish
Bitcoin has broken out of the logarithmic growth chart on the 7day chart. In the history of Bitcoin, this has never happened. The impulse MACD is subject to interpretation.
LUNA 1.0 just broke out the bull flag. This is a 12 hr chart but the bull flag breakout is also on the 2-day chart which may indicate a bullish trend longer than a couple days.
LUNA 1.0 just broke out the bull flag . This is a 12 hr chart but the bull flag breakout is also on the 2-day chart which may indicate a bullish trend longer than a couple of days.
I prefer using the bars to identify patterns. I see a snake looking bull flag that looks kinda cool. Volume is low. Enjoy the entertaining animal design.
LUNC/LUNA 1.0 is gradually approaching a double top and I suspect a reversal in price action for more support. Overall this assist still appears bullish the next weeks to come.
Where is the double bottom? I don't see one here yet for LUNA 1.0/LUNC, so one can surmise a future double bottom formation, however, I see an ascending wedge pattern forming to further this theory. Short-Term Neutral (5/10) Medium-Term Strong Down (1/10) Long-Term Strong Down (0/10)
Alternatively, LUNA 1.0 can turn Bullish in a situation where BTC loses dominance and an alt coin season begins. MACD Bullish RSI Bullish