Degen-Dynasty

Degen-Dynasty

Being this is a silly crypto meme coin it is hard to say if prices will hold but with that said on the short term still tradable. Risk profile on meme coins is an obvious 100%. This is a daily chart showing a likely complete measured move with a 9 day down trend. Lower time frames are looking positive bringing this in play for a potential retrace and if the...

Degen-Dynasty Updated 

Looking at a daily chart for Tesla we can see what has the potential for being a ABC correction wave from its drop last year. While the current trend is still bullish a lower high or a brake of the last high, grabbing the liquidity above, with a wick back below would be a clear indication that a pull back to the main trend is possibly on it's way. The previous...

Degen-Dynasty Updated 

The projected down trend from last year with an extreme low value of $70 along with the update indicating it was not likely to brake $210 before declining farther have been very upopular but also very accurate forcasts. Currently Tesla is showing a very familiar and very bullish pattern that will likely lead to a significant relief rally that could certainly turn...

Degen-Dynasty

While most of the crypto market is either reaching all times or have retraced into the golden zone there are very few still in the lower portion of the range. CRV is a crypto project that is the litteral foundation of a very large portion of defi. Last years hack sufficently drove prices to the extremes for a mulit cycle recovery. This is a daily chart and...

Degen-Dynasty

ICP is project I have never charted but have alot of interest in the "proclaimed" fundamentals behind it. At least the idea of reverse gas fees and universal integration. Mass adoption would be kin to daily use by the general public... Daily use by the masses with Gas fees? Gas Cost? Understanding? Mass Scale? Good luck... While ICP may have some of the...

Degen-Dynasty Updated 

This is a daily chart of a newer layer one block chain that I personally know nothing about fundementally but was asked to do a "technical" write up. IF the tide continues to rise it tends to raise all ships. Looking at current price action it has already revisited it's highs three times showing strong support from the bottom of the range. Current pull back is...

Degen-Dynasty Updated 

IF IF IF the market continues up, IMX seems to be another big name project that has pulled back into the golden pocket and approaching braking trend to the up side. Bullish

Degen-Dynasty Updated 

As mentioned here multiple times BTC has been forming a 25% range repeatedly for quite some time. While there is no way to know when these will come the chart is giving some indications we may be creating one now off the current high. This is a daily chart and looking at the the current high and pulling the 25% range we see nice confluence with the 50% retrace...

Degen-Dynasty

One of the most faithful reversal signals in charting anything whether it be financial instruments or anything else is the meausre of momentum. As momentum drys up the trend curves until flat where there is either a renewal of what is driving the trend as it consolidates and ranges or it reverses. This is weekly chart of the market cap of bitcoin versus the rest...

Degen-Dynasty

While I have never taken much interest in layer 2 tokens let alone project tokens hosted on these layer 2's. others do and when they do prices rise. Today I received a push notification along with all trading view users that Quick Swap, the top Matic hosted trading DEX, is being integrated into trading view. While such integration may or may not have any effect...

Degen-Dynasty Updated 

As the rally continues in US markets it is hard to not take notice of the curvature on the larger high time frame trend. It is losing momentum and comming into what should be a pivital area. While there is no way to know how buyers and sellers will respond the loss of momentum signals that what is driving price is slowing and eventually may run out of...

Degen-Dynasty

As the BTC advance continues numerous forcasting models are correlating with same targets and time periods forcast last year. As time and price gets closer and closer the same focasting techniques applied to local current price action reach the same conclusion. A high potential for a major top or pause. Whether or not price continues higher past this point in...

Degen-Dynasty Updated 

As markets reach all time highs hard assets like gold have remained trapped in the same range for many many moons and may be the benificiary of capital rotation. While captial rotation is a fundemental argument the weekly gold chart above is soley based off of technicals. This is a forcast and much like forcasting the weather it should not be considered as a...

Degen-Dynasty

This is the same forcast for btc published June 15th 2023. I have added an additional speed line 50% of the way in between exisiting two that is correlating with more recent forcasts indicating a high or at least a pause in the 75-78k area next week. Trade Well... Your Friend, Degen "He that believeth on him is not condemned: but he that believeth not is...

Degen-Dynasty Updated 

This is just simple hourly chart and following the current momentum BTC may be on its way for a new all time high today. The white curve represents an increasing rate of buying while hourly money flow is thick in the green and still pointing up. Trade Well.... Your Friend, Degen

Degen-Dynasty

Star Atlas has been a popular title in the crypto gaming eco system for quite some time but the price chart has shown far more down side than upside. As the tide rises it tends to raise all ships and captial tends to rotate from low risk to high risk. With much lower liquidity this tends to drive the prices of this grade of token very high. At the same time IF...

Degen-Dynasty

Bitcoin has been on an absolute tear to the upside and until the trend brakes, will likely continue. All good thing can't continue for ever and the high is unknowable and unpredictable. While price is not predictable there is nothing new under the sun. Reoccuring patterns in time and price are clearly identifable and can be used to forcast areas of interest to...

Degen-Dynasty Updated 

BTC has been stuck at macro resitance for along time indicating a move is comming soon. Unfortunately there is no crystal ball to predict price but macro resistance is certainly worthy of covering longs and entering shorts. With market a perfect balance between buyers and sellers the only question unasnwered is is there enough buyers comming into the market to...