Coinbase has had a wild ride following the deleveraging of the entire crypto industry as well as the flight retail investors in 2022. The COIN IPO was essentially the current ATH for the crypto market. Over the past several months, price has ranged and consolidated in a potential inverted head and shoulders pattern. Hallmarks of the pattern include an extreme...
DXY showing technical weakness coupled with a programmatic supply reduction of Bitcoin issuance may lead to an outsized price reaction for Bitcoin post-halving. Similar DXY moves from 100 to 90 after the previous two halvings provided a tailwind for significant multi-month bullish rallies. DXY is currently forming a high timeframe descending triangle, which holds...
Much like Bitcoin during the 2018/2019 bottom, this Ethereum consolidation has repeatedly formed bullish reversal chart patterns on lower timeframes. Together, these patterns have also drawn a large ascending triangle which has had a series of higher lows and a horizontal resistance zone. Volume during this consolidation has also declined throughout, with the...
Price is currently being held within a bearish PF. Trend is more likely to flip bullish above PF resistance.
pattern, volume, and trend metrics all support substantially lower lows for BNB/ETH based on a 1.618 fib retracement, an eventual move back to the January open is not unlikely
have watched this for weeks, looks more and more real by the day long triggers above diag resistance SL below R shoulder TP from 1.618 to measured move = ~96
alligator+fractal - bullish bias on alligator - closed above previous fractal triggering long entry - SL = median line or previous bear fractal long entries will continue to trigger with each successive bull fractal breach SL levels will continue to move up (trailing stop) with each successive bear fractal
Bullish kumo breakout approaches on the DAILY chart. These signals usually only flip completely bullish or bearish about once a quarter or less historically. What follows is typically a multi-week or multi-month trend, historically. Long Entry Signals Include: 1. Bullish Kumo Breakout - Price above Cloud 2. Bullish Kumo Twist - Green Cloud 3. Bullish TK Cross -...
Longest period of low volatility for $DOGE since trading began BBands only ever this tight twice in history $Doge is typically traded as an oscillator: - oversold <25sats - overbought >100 sats watch for daily/weekly closes at 30-33 sats over the next few weeks for long entry signal
watch for a move above 850-900 sats over the next few months which should lead to bullish continuation
A&E vs A&A at breakout s/r lvl now TP = 31-34 (1.618 fb-measure moved) 200DEMA = 32
Ethereum Head and Shoulders - Bearish Reversal Pattern Entry: <$163 Take Profit: <$150 Stop Loss: $170 One-month parabola into the daily 200-EMA (or 2400-EMA on the two hour timeframe) comes to an end without significant pullback, thus far. However, a H&S has formed here, which looks better on some exchanges than others, but the pattern structure is clear. The...
Entry: > 137 on volume TP/Exit: 147-155 Stop Loss: Below Triangle Diagonal Support
Inverse Head and Shoulders nearly completed based on structure and volume criteria entry (neckline): 7525 TP/exit: 8100-8700 (1.618 fib - measured move) SL (right shoulder): 6925 Resistance confluence at TP range includes: - 200EMA - Daily Cloud - Yearly Pivot - Weekly 20SMA - Weekly Kijun
inverted Cup and Handle - structure looks real - messy but descending volume profile Oscillators - RSI = 49, plenty of room for down - MACD = flipping red soon for the first time since Jan Target = 7.7k - 6.5k - support at previous local high and local low likely, 8.8k and 7.7k, respectively - yearly Pivot = 8k - large support volume node at 6.5k If real, will...
Bullish Bias Building - Inverted Head & Shoulders w/ descending volume profile - 4h Kumo Breakout Soon - 4h TK Cross above Cloud Soon - RSI = iHS - OBV = iHS - MACD w/ancient Chinese secret settings = flipping bull soon TP = 13.5k-14k SL = below R shoulder, below Cloud
Three day EMA crosses in 2015 indicated the 330+ day accumulation zone prior to the bull run. More on the $BLX index here bravenewcoin.com
Cloud + Chart Pattern showing target of ~$892 here h/t twitter.com