RezzaHmt

RezzaHmt

First of all I want to review the chart from other aspects which are much understandable and simpler. I always consider them as supporting ideas even if my main focus is on wave analysis. From classic charting perspective, there is a large pennant on the chart which has started from ATH. It's obviously not a textbook pennant. You can draw 3 different trend lines...

RezzaHmt

If you need any explanations, comment.

RezzaHmt

The setup is simple, the pair has broken a multi year S/R. And there is a fair RR to long.

RezzaHmt

Previous drop was devastating, but based on a remarkable Diametric pattern, the correction phase for OIL may not be over yet. If this pattern holds true something similar to drawn projection should happen. On the other hand we have 36 level as an obvious PA support (next one is 26). It is still untested after the break and we can expect OIL to be supported at...

RezzaHmt

From EW aspect, I think the drop from 2019 high is forming a 5th wave extended Ending Diagonal (Terminal), which has not met the satisfactory levels for the last wave yet. And we can expect another drop after a short break. From PA aspect, 62 support has been flipped to resistance and trend should continue after a retest. 50 is a reasonable target. Crossing...

RezzaHmt

Just as you see and you may have already noted this if you had checked the history of SPX chart, the progress of this index from the year 2000 to here is amazingly matching the PA of 1929-1959. Momentum of the moves are remarkably similar, as well as current location inside the channel (almost middle) compared to the relating time at the last occurrence of...

RezzaHmt

Buy the retracement till previous breaker or wait for breakout of $16.8 resistance level. Either way I see a nice setup here. Hope you enjoy...

RezzaHmt

Iota will prepare for next alt-season. And this time its very likely to break the range high.

RezzaHmt

If you want to participate in next SYS moon show then buy the range high. 290-334 is my buy range. Unless the range low breaks SYSBTC will be preparing for a pump. Accumulation (SW) is expected.

RezzaHmt

FOMO is here, not allowing DeFi Index to go for a correction. It has broken the highest diagonal resistance and 1.618 level ATM, so I expect higher targets a d they don't seem to be very high for DeFi.

RezzaHmt

Here we have Dow Jones Industrial Average Index compared to Kansas City Financial Stress Index. What you may notice at the first look is a correlation of Stress Index and DJI bottoms (at least I noticed that way) So here is my take on remarkable peaks (ignoring small ones because they have not indicated big changes) on Financial Stress Index: 1. Stress is caused...

RezzaHmt

However it may have been unexpected to some including myself, but US monetary suicide squad helped Gold easily breakout ATH and move for a new one. And apparently that wasn't enough, Gold also has crossed the middle of long-term diagonal channel as you see. A weekly close around here can confirm that. Then we should look for buying it for $2010 instead of waiting...

RezzaHmt

There is also another resistance around 140B, but to me it doesn't seem as important as 115B which is broken. I'm expecting TOTAL2 index to hit minimum target of 224B. Don't forget to grab some altcoin and don't invest too much on shitcoins!

RezzaHmt

As you see ≈10400 which rejected price several times last year is clearly broken as well as 10800 which was a monthly resistance level and longterm bearish trend. Area is so strong that we can expect it to push the price up to ATH with small corrections, this will be my super bullish scenario which a breakout of 11500 on lower TFs can be a further confirmation for...

RezzaHmt

I'm expecting a correction to bullish breaker here and then return to bullish trend.

RezzaHmt

First of all I want to make it clear that the HP (bearish bat) is based of log scale and that why ratios may look incorrect. So we have a bearish bat with triggered BAMM, and A rising channel both pointing to almost $8. If XTZ manages to break above local resistance which seems quite possible, it will start the move from here, otherwise if fails to hold the local...

RezzaHmt

250 resistance and the wedge are broken with an impulse. 250-260 is good entry range. I have my primary target at 355 and a minor target at 295, but this can extend far beyond if 355 breaks.

RezzaHmt

Now that BTCUSD broke out of the triangle, it is targeting range high. There is a high chance of breaking the range, but at the moment it may be too early to decide about.