Se7enSkies

Se7enSkies

The big thick D is getting ready to launch against your sh**coins. After this launch, you may have a chance to see altseason after all, but for now btc will have its pump and the alts will have to just wait.

Se7enSkies

The D got stopped at the weekly resistance. It is fighting to break above it. If the D fails to break above the weekly resistance, there’s a chance it will visit the weekly 150 EMA. The D is in a very crucial area and moment. If the D manages to brea above the resistance many alt holder will get wiped out. For now I think we all hope the resistance holds and drags...

Se7enSkies

The big D is has broken out of downtrewnd while everyone’s calling for an alt season. There is not alt season when BTC.D is above EMA 150 and breaks out of a downtrend. Stick to holding and trading your bitcoin. At this point, nobody cares what the chart say. Everyone’s just following their feelings like a 12 year old girl. If you want to call for alt season,...

Se7enSkies

I have drawn an imaginary ascending parallel channel. The midline of this ascending channel seems to be acting and a giant Resistance at the moment. Breaking above this resistance level is going to send the DXY flying to the moon, which can drown the stock and the crypto market. On the other hand DXY is struggling to break above this resistance level and it is...

Se7enSkies

DXY is setting up to get close to 110. it will face resistance around that level. You can call the pattern a raising broadening wedge.

Se7enSkies

LTC did very well with breaking out of the downtrend, but DXY decided to go up and LTC failed to successfully retest the breakout and fell back down below the trend line. Price will be bearish as long as LTC stays below this trend line. If price manages to break above this level and successfully retests this trend line then there will be hope for the fireworks....

Se7enSkies

OXT failed to break out of the symmetrical triangle. Price is now heading back down to the support line of the triangle. If price fails to hold onto the support, OXT will bleed out bad. We all thought alt season is here, but it’s not. And with the DXY rising it’s taking down the entire market down with it. The DXY goes, the more OXT will bleed out.

Se7enSkies

Price has found support at 0.618 retracement level and there’s a giant resistance level at 282 USD. Price will either stop at around 280-290 and will see some correction. Another possible scenario is that price will tear through this resistance level and the 1.618 extension will turn into support. Time will tell. Fire works coming in my humble opinion, but please DYOR.

Se7enSkies

OXT is struggling to breakout of this symmetrical triangle, but IF price manages to break out of this structure, then the bulls will have the chance to take control of the market direction for sometime.

Se7enSkies

This post is just to show that LTC has been able to breakout of its current downtrend on the 4H chart. Price seems to have retested the trend line successfully, but to confirm we need a few more candles to confirm. Technically speaking, this is a breakout, realistically, it could also be a fake breakout. As I mentioned, the next 5-10 candles are going to be...

Se7enSkies

I don’t know if this triangle stuff works on DXY or not. All I know is breaking above the triangle can be bad for crypto. Breaking below the triangle can take DXY down to around 107.2 which can be good for crypto. Bye.

Se7enSkies

Downtrend continues until it doesn’t and breaks out of this stricture. I’m not gonna call this triangle a falling wedge yet, because I think there definitely is potential for price to break below the support trend line. If buyers want to pour in with their long trades then their best bet would be to wait for this downtrend to end.

Se7enSkies

Price was trading within a falling broadening wedge, but it seems like price has clearly broken out of the wedge pattern and is trying to retest resistance. If price manages to stay above the residence trend line then it could morph into new support. So far price is holding, but no strong bullish moment yet. This breakout is good news for the longers, but it just...

Se7enSkies

Only a weekly close above 4.1k can confirm a reliable cup & handle pattern. Some may argue that a weekly close above 3.7k would be enough for the confirmation of the pattern, but I’d rather stick to 4.1k just to be on the safe side.

Se7enSkies

This is more of a warning rather than an analysis. Many holders are shaken right now, and it’s normal. You are in a volatile market and non of us can predict the market. Technically speaking, OXT has broken out of a very long term downtrend and is now retesting support. I believe there is hope and there is a lot of it as long as price manages to stay above this...

Se7enSkies

I just made up an ascending channel. Like always, I don’t even know if this can be called an ascending channel or not, but I’m gonna assume it is an ascending channel and I think price is heading straight to the top of the channel. Price may surpass the top of the channel, but that is up for debate. Price may face resistance once it reaches the top of the channel...

Se7enSkies

Don’t hate me. I’m just speculating. I shared a post about this ascending channel before. Looks like price is resisting the top of this ascending channel. I plan to buy the midline, if price ever goes to those levels, but I’m also kind of not sure if price will tear through the top of the channel or head back down to the midline to find support there. Anyway, I...

Se7enSkies

This is just a speculation, so don’t get mad. I have no real evidence to back up this scenario. I’m just playing with Fibonacci levels and the 0.5 fib level is taking us back to the 23-25 cents, where price resisted first but then found support and broke out of that level. Would be a nice price to buy for those who missed the rally, but I’m really not sure if we...