RPHRZ

RPHRZ

The Handle of the Golden Cup and handle is about to break to the upside. For reference, the cup and handle on a weekly candle chart: On a daily chart we can see a pre-mature break of the downwards channel (the handle). The movement upwards is pushed by an adam and eve formation, with a target well above the overhead resistance of the channel. We need a...

RPHRZ Updated 

Our update after the fierce dump last weekend. On saturday the markets were struggeling, but BTC found support on several touchpoints. However during the China sunday session/ (at night in European timezones), BTC saw a 13% decline in 15 minutes. We've lost our neckline of the iH&S, invalidating that pattern (and target depicted at X). Why the dump occured is not...

RPHRZ

Just a simple depiction. BTC dominance has hit our target of the H&S. Now landing on the lower band of de descending wedge. Forming a iH&S to ~52.3%, but probably gonna hit the upper band of the descending wedge.

RPHRZ

This is actually an update on a prior post. Alt season is still in play and continues to push Alts higher. Pay attention that we are currently already halfway our target. The target is in confluence with 1) the golden pocket from the upmove from 2018 till ~sept 2020 and 2) the target of the H&S. I left the green elipse in the depiction, which was our prediction...

RPHRZ

Still making the case Gold will bounce back to new highs, just as in our update of week #10 . In the beginning of march it hit it's fibonacci golden pocket and after a double bottom we expect it to break its neckline. The target of the necklin should break the consolidationg wedge. If you zoom out the cup and handle formation is still in play, for reference .

RPHRZ

Before the weekend we already gave our update on the BTC situation. Claiming there will be a bullish reversal, eventhough the market is cautious due to the flashing Pi-Cycle indicator. This had rimple effect that even Plan B turned a bit bearish on the short term . Everyone uses his own strenght, but to us price action is always more significant then...

RPHRZ

Not sure if i am late to the party. Had my eye on this setup since the first dump on support for the right shoulder. Only now had the time to publish the idea. Anyhow. We are now testing the support on ~57.7k USD of the breakout of the declining wedge/bullflag. If we manage to hold and climb back up to ~60.2k, we complete the iH&S. There should not be much...

RPHRZ Updated 

The support we've been eyeballing for weeks has been broken. The BTC Dominance is dropping towards are target of ~50%. This means, Alts are stretching their legs. In 2017 this marked the last hyperbolic period of the bull run for BTC. It will be interesting to see how it will develop now in 2021. The technical structure looks less drastic with a timing bottom...

RPHRZ

The volume is declining, showing indecisiveness and awaiting the next significant move. So what will it be? In our outlook we can behold that the trend has not been affected by the dump of the last two weeks. The price action is holding the predicted 44K USD price level (bottom of the rising wedge). In previous BTC bull runs the previous ATH was frequently...

RPHRZ

BTC has seen a strong bounce back with significant volume. Now consolidating a bit on the new support line, forming a falling wedge on the hourly (bullish signal). 2nd Target will be important to see if we break the bearish channel or fall back to the support line. So this would be an opportunity to take some gains and buy back on the support line.

RPHRZ

Aeon is ready to break out for its second Elliot wave.

RPHRZ

Who let the dog out? Used Elliot waves to predict the possible peak and retracement. On the long term still bullish on Neo, but good to anticipate a retracement arround 0.0094 NEO/BTC and re-entre around 0.005 NEO/BTC.