SkinnyMike3

SkinnyMike3

After being outperformed by Bitcoin for more than 800 days, it appears that ETH is finally ready to make its move. This event typically serves as the signal for the official start of Alt Season. Buckle up.

SkinnyMike3

After years of waiting, countless false starts, and more hopium than a bull market BBQ, we’re finally here: Alt Season 3 is upon us—or so my trusty weekly Bitcoin dominance chart is screaming. For the uninitiated, this chart is basically the ancient oracle of crypto, and it’s saying, ‘Hey, Bitcoin, take five. It’s time for the alts to shine.’ Zoom in close and...

SkinnyMike3

If you’re a believer in technical analysis, it’s hard NOT to be bullish on BITCOIN right now given the absolutely textbook Cup & Handle Pattern which we see on the weekly timeframe. Buckle up and giddy up.

SkinnyMike3

As you can see on the CELH chart (Daily timeframe), the stock is currently exploding and setting new ATH's.

SkinnyMike3

Kinetik Holdings is a company that operates in the energy sector, with a particular focus on the Permian Basin. Analysts have varying opinions on KNTK, with some considering it a high-yield Permian Basin play, while others emphasize its growth outlook. With that said, KNTK is preparing to breakout of a pattern which it began forming over 1,800 days ago! After 5...

SkinnyMike3

This chart shows the Bitcoin price on a monthly timeframe alongside 2 indicators: Relative Strength Index & Bollinger Bands Squeeze . ----- Bollinger Bands Squeeze : For those unfamiliar, the Bollinger Bands Squeeze indicator is simply the standard Bollinger Bands Width (BBW) indicator with the added capability of detecting the "Bollinger Bands Squeeze" as...

SkinnyMike3

Looking at the ZS chart on a daily timeframe, and can’t help but think that it looks ready to POP (in a good way). Is it just me, or do others see/feel/believe the same?

SkinnyMike3

Tuesday, August 29th, 2023 @ 12:09pm Current Price: $27,481 (+5.24%) BTC is currently rallying on the news that the U.S. Court of Appeals for the D.C. Circuit issued its opinion in Grayscale v. SEC on Tuesday, ruling that the agency was unreasonable to deny the crypto giant permission to launch a Bitcoin ETF. When in doubt, just zoom out. While history...

SkinnyMike3

Looking at the IIPR weekly chart, I see a clear bullish pattern playing out (in green). I expect the price to break above the downward sloping upper trendline, and then retest the trendline for support, at which point we will really see the price make its upward move.

SkinnyMike3

After plummeting nearly 8% over the last 24 hours, Bitcoin finally appears ready to punch back.

SkinnyMike3

You don't have to look at the ALLBIRDS price chart for long to determine that NOW might be a good time to buy.

SkinnyMike3

Keeping my eyes on the BTC.D chart at the moment as Bitcoin continues to reclaim its overall share of the entire crypto market cap. If we can keep the current bullish momentum, look for alts to make their move as soon as this chart breaks the current upwards trend.

SkinnyMike3

As you can clearly see on the chart, the AAPL price has been bouncing back-and-forth between 2 lines (“support” & “resistance”) dating all the way back to 1981! However, with these 2 lines quickly approaching a point of convergence as the AAPL price approaches a new ATH, something’s gotta give. And so I ask - what happens next?

SkinnyMike3

Keeping a close eye on the ETH/BTC chart as it approaches the ATH and a key moment in time.

SkinnyMike3

Keeping a close watch on the BTC.D chart as BTC continues to climb upwards

SkinnyMike3

" Have we bottomed yet ?" That's the MILLION DOLLAR question right now. Well, I'm pleased to report that according to the BTC Top & Bottom Indicator , the answer is YES. As you can see on the chart, the indicator is now signaling that a new bottom has been reached, so it might be time to buckle up.

SkinnyMike3

Stock: BX Pattern: TRIPLE BOTTOM Timeframe: 1H Reaction: BULLISH $BX appears to be poised for an upwards move after forming a clear triple bottom on the 1H chart.

SkinnyMike3

Looking at SANDS daily chart and it can’t help but notice the obvious cup & handle pattern. BULLISH.