I guess this wouldn't be a mad place for a turnaround. Would be a knife catching action, but keep an eye on the LTF for signs of it. Stay safe, Friends! XOXO
I've had a look at the total crypto market cap excluding BTC. One should always be careful with being too specific in it's guesses about the price action. This idea is very specific and will therefore with 100 % certainty be wrong. I do think that we are looking at the end of the current rally and that we will need 5-9 months to calm down again. Ultimo 2024 or...
One must exercise due diligence when engaging with the uranium sector. Currently, we are anticipating a scenario in which Donald Trump is elected President in the near term. The global landscape has evolved since his last tenure, and it is anticipated that he will endeavor to further enhance the United States' energy independence. Trump's well-documented aversion...
To delineate the onset of Altseason 2024, I have meticulously scrutinized CRYPTOCAP:OTHERS.D , which offers insights into Dominance distribution, excluding the Top10. Historically, the level around 12% has proven to be extraordinarily significant. Presently, the "price" rests just below this pivotal level (specifically at 11.93%). However, we have recently...
Looks like a breakout from a falling wedge, that has been relevant since may 2021. Could still pull much towards 9-10 % (just a maybe) retesting and confirming the breakout. If this happens we could be looking at a new altseason.
Bull flag / Wave 2 almost complete. DAO just voted Yes to adding the Perpetuals Trading Feature. Your one-stop DEX for the future.
Log chart. Just a guess like any other. Not the only one guessing for a $16,000 bottom. This TA explains one of the arguments.
Just an idea based on the Z-score. Most people are still expecting a last trip to the downside. I find this Fib Fan to be an amazing tool to spend trend reversal and mixed with the Z-score something like this could easily play out. Thoughts?
I still think we will se a last trip down in the $BTC price before heading for $30,000 per coin. No doubt that $MSTR is extremely sensitive to that PA. Which is also why this stock will become extremely valuable once $BTC travels to new ATHs. Not only does the company own a ton of coins, but they also have the #1 advocate and spokesperson for Bitcoin as their CEO....
Give me one good reason as to why $MSTR should not visit the lows of this fibonacci retracement . Right now you can't. Will it see ATH again? "Absolutely". But it will continue to bleed along $SPX and other stocks. Good to hear Michael Taylor assure everyone that they will be fine no matter have bad $BTC will dump.
Right now a lot of people are ready to send BTC.D to anywhere from 50 to 60 %. 50 % would be and obvious level to get rejecting and for the chart to turn around. I've said it before. I believe we will see Dominance go to 47-49 %. One last $BTC drop to $24-26,000 sending Dominance up in that area. That dip won't be long and Bitcoin would be back around $30,000 in...
So many perfect touch points. I feel like we could see an over all bounce now. Most analyses are calling for $21-22k. This could be our way to that region. Hoping that we wont. Ready for it though. Normally we don't revisit ATH like that.
Needless to say that $25-26k needs to hold. Or we should be retesting $20.5-21k.
Historically the DSO & RSI combo is a great tool for spotting potential trend reversals. I find it to be most accurate on the $OTHERS.D chart when looking at the 1W. I find that: - When ever the RSI and DSO meet above 80 % the trend seems to turn to the downside. Set the limit at 70 % and you would get a lot more tops. - When ever the RSI and DSO meet below 20 %...
Historically the DSO & RSI combo is a great tool for spotting potential trend reversals. I find it to be most accurate on the $BTC.D chart when looking at the 3D. I find that: - When ever the RSI and DSO meet above 80 % the trend seems to turn to the downside. - When ever the RSI and DSO meet below 20 % the trend seems to turn to the upside. Current...
Doom and Gloom everywhere. Stocks are doomed. Crypto is doomed. $DXY looks ready for a correction. 8-10 %. Stocks could catch a break for 1-2 weeks. I've had my eye on this broadening wedge for months giving Me a perfect short opportunity. A turn-around could be close. Tesla will vibe among the leaders of this turn-around.
Another touch at ATH. Should cool off for a moment. Let Crypto and Stocks run a bit. Retrace to 95?
Local triple bottom. Zooming out a regional double bottom. Double Stochastic at the (almost) absolute bottom. For years I've been calling for an absolute bottom around 33 %, which is still far, far away. It would take an insane last super altcoin season to take us there, but I believe we could see that before everyone should transition into $BTC because it will...