SpaceBlobb

SpaceBlobb Updated 

Bitcoin has been consolidating inside of a range since the beginning of 2022. This range is showing obvious signs of a distribution phase (manipulated highs/higher highs). Right now it seems like there are equal lows at around 37k ready to be wiped for liquidity. There is also a daily supply zone at 46-48k which I think price is very likely to tap for one more...

SpaceBlobb Updated 

Here come my thoughts on the Bitcoin situation at a macro scale. 3 deviations (65k, 67k, 69k) to bait longs and tap liquidity in the market. We are clearly in a bear market on the HTF and I don't expect it to be over any time soon. Many sucker rallies happening but don't forget that these easily fade quickly in a bear market. Since the beginning of 2022 Bitcoin...

SpaceBlobb

If you aren't aware, general market sentiment is bearish. Everyone is aware of this, hence why my conviction for this play is stronger. Bitcoin forming a 4H and daily bullish divergence, alongside a triple bottom. One last bounce from here is very likely as I'm seeing the SPX have a local bottom. Also untapped NPOC levels that are likely going to get filled....

SpaceBlobb

AMC has been forming a triangle for the past couple of weeks. Looking similar to the previous 500%+ pump. Taking the same candles and putting it in the future gives us an estimate of what would happen if history decides to repeat itself. Not a guarantee ofc but nice to keep in mind. Good luck traders!

SpaceBlobb

Gold is finally looking like it might be moving up again. Looking at history we see a similar double bottom with a big mark up. Taking that and projecting it into the future would send Gold up to the supply zone at around $1957-$1980. Would love to see a nice backtest of the inverse head and shoulders neckline for an entry before it starts moving. Good luck traders!

SpaceBlobb

Looking at history and the old ATH we saw a similar structure forming for the Bitcoin price. A big consolidation range at the 30k area forming demand before marking up and forming a classic Wyckoff Distribution back down to that same area. Things are looking pretty similar now where we had the same consolidation at 40k forming a big demand area for Bitcoin. Looks...

SpaceBlobb Updated 

Classic accumulation and manipulation setup with the PO3. Targeting the untapped daily supply. Good luck traders!

SpaceBlobb

Looking at the Bitcoin history from the beginning, there has always been some sort of triangle form with a breakout and retest confirming the next bull run of the season. This is from the weekly chart and taking the previous cycle from about 3k (The bottom of the previous bear market) to 20k (The previous ATH) and projecting it to the future, it puts Bitcoin to...

SpaceBlobb

BINANCE:ICPUSDT looking really strong for an entry. You have a new higher low confirming the previous low at the pattern. completion zone of the bullish cypher. Some nice hidden bullish divergence coming in from the oscillators too! Good luck traders!

SpaceBlobb

BINANCE:RAMPUSDT sprung and is trying to backtest the spring atm. There was a textbook bullish cypher with a confirmation low painted on the chart. Nice low risk entry. Good luck traders!

SpaceBlobb

BINANCE:COMPUSDT just made a confirmation low at the PCZ of a bullish shark. Very nice low risk entry for a long with much higher upside after the falling wedge breaks. Good luck traders!

SpaceBlobb

Mycronic looks like its going for the full reset. Its painting a beautiful bullish shark at an inflection point. There is also some nice bullish divergence coming in on the MACD. One could open a position right now or wait a little longer for the full .886 retrace and possibly a confirmation low. One could also open a position right now and size up as it moves...

SpaceBlobb

After countless months of upwards momentum OMXSTO:EMBRAC_B is ready for a small pullback. It fell out of the pennant. Looking like a really great buy at the PCZ of the harmonic with targets according to fib levels! Make sure to wait for earnings though before entering as that could destroy this setup! Good luck traders! NOT FINANCIAL ADVICE!

SpaceBlobb

PCELL is at a very critical inflection point. This area is where reversals happen so if this level holds, we could see a beautiful reversal towards the upside. Bullish cypher aswell with the beautiful double bottom confirming the low of the harmonic. Bullish divergence as well on the MACD histogram and the RSI. Really good entry right here! Good Luck traders!

SpaceBlobb

BAL/USDT looking really good atm. Possibly retesting what was resistance before multiple times as support and if this level holds, we could see a massive pump towards the upside. Really good entry too!

SpaceBlobb

So OANDA:AUDUSD has been forming a textbook Wyckoff distribution pattern and is hanging by a thread atm. We are currently entering phase E which according to the Wyckoff distribution schematic is a markdown phase. You can clearly see the price manipulate the highs and break down out of the structure. If you still haven't shorted yet you might want to wait for...

SpaceBlobb

FX:GBPCHF Has for the past couple months been forming a clear Wyckoff accumulation schematic. Its been manipulating the lows and we got the last low which was the spring, or shakeout. There is also a bullish bat which matches perfectly with the institutional candle that formed on the chart which is where your entry would be if you decide to take this long...

SpaceBlobb

Looks like another Wyckoff Accumulation pattern is forming inside of a Wyckoff accumulation. Yesterdays crash to 31500 was the spring of the pattern which also was a completion of a bullish gartley. We are currently in Phase C of the Wyckoff accumulation pattern on this smaller accumulation. Remember, the Wyckoff accumulation pattern is a manipulation of the lows...