SentryApe

SentryApe

Breaking out of this descending trendline from 30k would be a big deal. Not a particularly good breakout to front run in my opinion, as failure to break out could easily lead to another retest at 17-19k.

SentryApe

Observation of relative ETH pairs since the bottom. Clear outperformance by BTC and a select few others

SentryApe

AVAX has a clean breakout over it's old ATH at $77. It's currently holding above the 1.618 Fib level at $91. Next level targets are $142 and $193. Trading extremely cleanly over 2021.

SentryApe Updated 

Bitcoin is nearing it's all time high again. Assuming Bitcoin season is here, what is the likely path of ETH? For this bitcoin season it looks likely we'll be up in USD on ETH by December. In 2020, ETH doubled while BTC tripled in the fourth quarter. So it also ended up up in USD. ETH/BTC support lies at 0.055. We'll see if we reach it before ethereum turns...

SentryApe Updated 

ETF acceptance rumors have propelled bitcoin into a run towards the all time high. Several breakthrough fractals are compared here, currently the trajectory is more bullish than all of the previous fractals. $btc

SentryApe Updated 

A simple and dumb "what if" - what if the ETH 400 consolidation pattern from 2017 played out here? ETH has shown a propensity to rocket up and rocket down before. The 2017 ETH chart has been stretched both vertically and horizontally to fit the top and bottom of the latest moves. With this re-scaled timeline we have a fairly rough September and quiet fall,...

SentryApe

BTC strongly broke out of its downtrend, but it's not solidly on track to continue upwards just yet. BTC price action here is going to determine if the 2020-2022 cycle is going to continue or return to bear market lows. Critical level to watch is high 44800-45000. Holding a weekly close above that level indicates probable double bubble. However, weekly wicks...

SentryApe Updated 

Matic is ready to reclaim it's prior all time high ranges.

SentryApe Updated 

Solana is clear of nearly all long term resistances before making new all time highs. The last resistance is in the $49 range, and consolidation in that area may take a while before it's enough to see the final push. The current uptrend is meeting the longer term horizontal band from May.

SentryApe Updated 

DOT has reclaimed a prime zone on the BTC pair. The critical level to stay above is 0.00057 BTC. Only obstacle left before it moons is the $29 USD resistance level.

SentryApe Updated 

With resistance at 50k here, what would a prolonged sideways scenario look like? Mapping out patterns from the 10k consolidation, 20k consolidation, and the 60k top. Good signs: muted volatility, slow and steady rise makes it more like 10k/20k consolidations. In the more bullish case BTC gets through resistance in mid September, and the slower resistance has...

SentryApe

BTC Dominance may begin a climb after putting in a higher low in September. This chart is a scaled fractal of the 2018 BTC.Dominance bottom. 4 interesting questions to consider: 1) Is Alt season is almost over? I would still bet on one final push up for alts ending in mid September. 2) Is it time to long BTC/everything else now, or at the new higher low? 3)...

SentryApe

Matic has begun a breakout today, seeing 1.59 as of posting this. Short-term heavy resistance is expected at $2. Before that, we need to deal with the local resistance at 1.62, the top of the Bollinger band currently at 1.65, and the fib retracement level at 1.70. These may all provide resistance before reaching the all-time high ranges above $2.

SentryApe

While overall market trends look bullish, ETH is testing the bottom of its upward channel as well as the recent resistance-turned support level of 3200. Pullback would be to 2800. If we reclaim 3200 by close of day today, it means 3500 is the next resistance.