


We have seen many rising wedges since the drop and here we are yet again. Bitcoin has had a nice 4 days of green and it's coming time to test how strong it really is. Pay attention to either the break-up or break-down. Targets are listed for both.
As of today (7/21), BTC has seen a pump after breaking down the 30k level and is currently testing the "Golden Multiple" Fib Line. Its important to note Bitcoin is at a very crucial point. Its next big move is likely to solidify its path for the foreseeable future. That being said let's dive into what has driven this pump and what it may mean for the future; This...
Here in the chart, we can see each Bull Run Cycle since 2013. Now right away you will notice a large proportional difference between each cycle, especially the most recent one. This cycle would be the smallest in scale and length of time. If we look at each Bull Run statistically; ~Bull Run 385 Days ~Bull Run 567 Days ~Bull Run 273 Days First I want to dive...
I keep seeing a good majority of the community waiting on the edge of their seat for this anticipated relief bounce or potential bottom. I know this post is going to be met with heavy resistance but I ask all of you to just take a minute and really take in what I'm presenting. Let's take a step back from the TA for a second and think more in a psychological...
This is a chart of all the strong levels BTC has established since its existence. At this point, BTC has broken down that key level very decisively and shows no signs of stopping anytime soon. If we keep seeing a slow burn all the way to 28k then to me this is a terrible sign for the market. This indicates this may be only beginning because if the price is...
Just wanted to give a quick update on BTC. Further downward pressure to follow.
Here we see BB creeping up on its trendline established around November 2020. We have seen no real rise from BB and volume has been very down. There are a few signs that point to the downside at the moment. Let's take a look at the RSI for example. BB has consistently stayed above this red line since its reversal and has kept bullish momentum. Here we see BB is...
Sometimes dreams live; sometimes dreams die. But no matter what, pick yourself up and get ready for the next one!
A series of 5 lower highs and 4 lower lows later yet Bitcoin is still holding on for dear life. I think the drowning analogy fits best... When you first drop into the water, it's pure panic. Thrusting and grabbing; doing everything you can to get your head above the water. Very quickly you start to realize exhaustion is creeping in and more panic hits. So you...
Bitcoin has been at a slow crawl for a while now even though there is strong selling pressure. The bulls have given it all they have got to stay afloat. We are quite clearly compressing and squeezing for the next move. What will it be; Up or Down? Here shown in the chart we see BTC is slowly being compressed down. This is due to very low volume and the bulls...
A Bear Flag has formed on Bitcoin. We see a clear breakdown of structure. Further downward pressure should follow.
Here we see Ford has been in an Uptrend Channel for 479 days and is at its last stop before testing the 20 Year resistance. Given this channel is so well established I see no reason to believe it doesn't make it to the resistance before reversing the trend. Now I want to make it clear I do not expect it to break it but I do expect a test. We have seen multiple...
CLNE is still above the Bullish trendline and I see no reason to believe it breaks it and heads lower at this time. Here we see a potential slight Falling Wedge it has formed after reaching its peak in February. We should see a nice pullback to the top of the wedge where it will find resistance. From there we will just have to see where the markets are at that...
Corsair has now been in a range for roughly 132 days and is inching closer to a new leg up or down in my opinion. You can see here it has fallen right to a critical level and we see a nice bullish wick at the moment. As long as CRSR finds ground here, we can see a pullback to that upper resistance identified on the graph. With a slight possibility of a breakout...
As you can see from the title I do not expect ETH to push much higher. I expect a strong pullback around this area. Coming off a Bearish Rising Wedge, then forming a H&S Pattern. The RSI shows a clear loss in momentum. This is a high probability outcome. Beyond target 3 is anybody's guess. You don't want to see it go that low unless a bullish engulfing follows.
This chart speaks very loud and clear. We are nearing the end of the road before we see very decisive action. No more floating and dragging out the inevitable. If Crypto is going to rise again it has until the end of the month at most. All signs point downward and at this point, you should absolutely prepare for the worst. The next move is going to be a strong...
Possible H&S playing out on the Total. I would keep a close on this in the coming days. That bottom line is the long-term support created since Jan 2021, if that breaks things will get interesting.
I've been seeing a lot of generous placement on various TA's regarding the RSI on the Daily. Just wanted to clear some things up for those who are interested. As always thank you, hope this helps!