Degen-Dynasty

Degen-Dynasty Updated 

CFX for what ever reason is one asset that in when the market reversed in December bounced EXTREMELY hard producing a 2000% pump. That pump has now retrace by 50% and the market as a whole is show bullish signals. Assets that rally the hardest in a bear market tend to perform the best in the bull market. The why is quite simple. What produced the 2000%...

Degen-Dynasty Updated 

I have been extremely bearish on the macro and certainly expect a MAJOR correction this cycle or the next. Price action has been bearish, weak, and looking like we may see it this cycle BUT BUT BUT it is flashing signs of a continuation to the upside and it may be time for a change of mind. IF the market doesn't give what you want best to take what it gives and...

Degen-Dynasty

Just a thought... It was once said by the great W.D.Gann that when rich men advertise they have goods to sell. Mr.Gann also managed to amass one of wall streets greatest fortunes with nothing more than hand drawn calculators, hand drawn charts, and his king james bible.... Likely one of the greatest "traders" to ever live with a documented win rate of over 90%. ...

Degen-Dynasty

Looking at the 4hr chart for ARB and the entire history since lauch we can see the initial range formed was approximately 145%. Currently price has pulled back into and retested the top of the range signaling the possiblity of a larger pullback before a "potential" bull run. I emphasis the word potential as expectations are based on the 3year cycle. While...

Degen-Dynasty

One thing that never seems to change is as one sector advances another lags and while one lags the another advances. The allure of a rising market and fear of reversal in another causes capital rotation. Looking at risk on assets they have made quite the advance into old highs and some all time highs while many commodities are reaching old lows and past long...

Degen-Dynasty

Looking at the FET Daily chart it has undoubtfully been a big mover with very impulsive directional moves followed by massive sideways accumulation/distribution zones. Bear Market low to current cycle high is nearly 1500%. An asset is never so high it can not go higher and never so low it can not go lower. Impulsive price rise is a sign of support and strength...

Degen-Dynasty

Xen is the bottom of the barrel risky when it comes to any form of investing as it is extremely low liquidity and extremely high risk. While extremely high risk xen checks a lot of boxes for high reward potential. Past rallies of 1000+% in bear market conditions and a cult style following. Last major bull rally that commenced from much higher prices ran...

Degen-Dynasty

For BTC and crypto in general I see two possible scenarios from the current position. In previous charts we have highlighted the repeating 25% value ranges. This chart should be linked below. The top of our current 25% range would be approximately 52000. Scenario 1 is we flash pump to 50-52. Unlikely but it takes time to stop a moving train and that is IF...

Degen-Dynasty

After an impressive move to the upside the crypto market is starting to show "signs" of weakness. This is a weekly bar chart and the grid to the right is splitting the entire bear run into 1/8 increments. The grid in the center of the chart is splitting our current rally up from 895 into 1/4 increments. The angles on the chart are simply speed lines correlated...

Degen-Dynasty

Looking at the daily on CFX we can see a major sign of weakness that MAY be signaling we are ready for a much larger move to the down side. After an insane 2000% push to the up side we seen a 50% retrace of that entire move and have since pushed up exactly 50% of the way to the top of the mega rally. This is a 50% retrace that has put in a lower high, had a...

Degen-Dynasty

Looking at the btc daily spot index chart measuring from bull high to bull low and dividing it into 1/8th increments as taught by WD Gann we can see 48k is at the 75% or 6/8ths mark. If you pull a fib retrace it is also the .618 retrace level. For further confluence looking back at earlier provided macro charts 48k is also the value area high when price traded is...

Degen-Dynasty

Looking at the BTC Daily chart previously posted in our idea section and linked below we can see that BTC has been forming 25% ranges our entire push up from 15k. On this updated chart I have split this ranges into 25% increments as they tend to be respected price levels that produce larger reactions. Each of these ranges we have seen a retest of the bottom...

Degen-Dynasty

CFX like most other assets for the past few weeks have been consolidating in what appears to be bullish triangles. Looking at the macro .50 high a 50% retrace of this is coming out at the target of our current bullish triangle for a potential 50% move to the upside. Bear in mind most crypto assets are up significantly and a large retracements to the down side...

Degen-Dynasty

So as meme coin after meme coin emerge each tends to do the same thing. Hype the price to the moon only to have a long drawn out bleed back to the bottom. Grok has been no different and the bottom is the only real time this style of HIGH RISK HIGH VOLITILITY token has any real appeal. At the bottom is the only point risk is at it's lowest and risk is still...

Degen-Dynasty

Looking at the daily XLM chart it looks like we are receiving some mixed signals but until there is a clear brake of macro trend or clear brake of structure higher targets are still in play. Currently looking at 3 scenarios Scenario 1 (bearish) IF the market as whole has already started a large correction we could be looking at a revisit of the lows by taking a...

Degen-Dynasty

Here is a pretty solid picture of the options I see for BTC on the macro scale Average distribution range on btc has been 25% Option A When price dumped on 12/10 we were 50% of the way into the range above. If we brake below this range and retest a down trend will likely ensue ensue. Option B IF the 12/10 wick holds I see either a retest of the current high...

Degen-Dynasty

So the market has seen a wild and violent correction with many assets dropping 10+% in only a few minutes. CFX was no different and seen nearly a 15% move to the down side in less than 5 minutes. As projected volatility is EXTRMELY HIGH leading to larger than expected moves to the down side. When the market pushes wildly to the upside it provides room for...

Degen-Dynasty

As we have been watching BTC for the past weeks in what I have been describing as the feverish part of the uptrend it appears we are at our next point of decision. Full on brake down OR our next push up. Looking at the hourly oscillator and the local price action on the hourly we appear to be primed for another push to the upside. Oscillator is looking like it...