Gold / XAUUSD is currently on the bullish wave of a long term Channel Up holding since October 6th 2023. The overbought 1day RSI draws comparisons with September 26th 2024 and October 27th 2023, which made a short term pull back but continues the bullish wave to a new high nonetheless. So far the 3 main bullish waves were +18.68%, 22.50% and 22.00%. Based on...
Bitcoin / BTCUSD is consolidating after this week's test and bounce of the 1day MA100. On the 1week chart, it clearly appears that this is the last consolidation that every Bull Cycle has before the most aggressive rally starts. The Top is nowhere near and it can be as high as 200k. Follow us, like the idea and leave a comment below!!
Sui / SUIUSD is reversing this week into green territory and if the 1week candle closes in gains, it will be a strong bullish signal as it would have rebounded just over the 1week MA50. The pattern is a Channel Up for this Cycle, pushing the price slowly but steadily upwards. Like the April 8th 2024 pull back, this week's correction almost touched the 0.5...
WTI Crude Oil / USOIL has tested and held the 1day MA50 for two straight days. Today's volatile candle though suggests that one more test is possible and the last time we saw this pattern was in late April 2024. The two patterns have similar 1day RSI fractals, so the sell trigger here is the 1day MA50. If we cross under it, sell and target Support B at...
The S&P500 / US500 is trading inside a Channel Up since mid July 2024. Today's downside gap opening tested the 1day MA100 for the 2nd time in 2 weeks and buying pressure immediately kicked in. The 1day MACD pattern is identical to the September 06 2024 1day MA100 rebound. This ended up with a rally to the 1.786 Fibonacci extension. Buy and for the next 30 days...
Solana / SOLUSD is trading inside a Channel Up since the July 29th 2024 high. The price hit today the 1day MA200 for the 2nd time since January 13th and instantly rebounded. Technically this makes it a Double Bottom formation and took place right at the bottom of the Channel Up. The pattern is very similar with the Megaphone of May-August 2024 that was followed...
Bitcoin / BTCUSD just completed a Bearish Cross on the 4hour MACD. All prior such formations have resulted in immediate declines. The pattern on the 4hour time frame is a Channel Down and those MACD declines formed its bearish legs. The two prior bearish legs declined by at least -8.50%. We expect a similar technical leg to hit at least Support A, which is the...
Dow Jones / US30 is trading inside a Channel Up since August 2022 and is right now on the 3rd straight green 1week candle. Even though it is approaching the top of this 2.5 year pattern, the upcoming Bullish Cross on the 1week MACD indicates that the rally that is starting could be of a similar magnitude like November 2023 and October 2022. Consequently, we...
Bitcoin / BTCUSD has entered its parabolic rally mode, as we are in the final year of the Bull Cycle. We are 812 days after the Bear Cycle bottom and on this chart we applied that range on the previous Cycle to get an idea of were we are in relation to the past. As you can see we are just after a 1week LMACD squeeze, which in March 15th 2021 turned into a...
Ethereum / ETHUSD is trading inside a Falling Wedge pattern, ranged between its 1day MA50 and MA200. The very same pattern emerged in March 2024 and after a Triple Bottom it broke to the upside and hit the 0.786 Fibonacci extension. This is a strong bullish signal. Target 3800. Follow us, like the idea and leave a comment below!!
EURUSD is trading inside a Channel Up on the 4hour time frame. Its latest bearish wave found support on the 4hour MA50, following the formation of a Golden Cross. We expect a new technical rally to start of at least +1.59%, same as the last rise. Target 1.05750. Previous chart: Follow us, like the idea and leave a comment below!!
XRPUSD is trading inside a Channel Up and amidst today's market bleeding, it almost touched its 1day MA50. This trendline has been supporting since the November 7th 2024 breakout, which was after the U.S. elections. Technically this is the first buy entry for the remainder of the Bull Cycle and the last one is on the 1day MA100. If the Channel Up continues...
Bitcoin / BTCUSD hit last month the once unthinkable benchmark of $100k. It took 2 Cycles to do so since it reached the previous benchmark of 10k. The log sequence of hitting those benchmarks started at $0.10. It took quarter (0.25) Cycle to go from 0.10 to $10, i.e. x100 jump. The next x100 increase was from 10 to $1000 and it took BTC half (0.5) Cycle to do...
Nasdaq / US100 has just started a massively bullish phase long term. Both on 1month RSI terms and pure monthly candles, the index has entered 2025 the same way it entered 1992. That was the start of Nasdaq's Internet Bubble, much like today we have established the era of Artificial Intelligence. A.I. has given us a glimpse of its enormous growth potential in...
Well you might have expected by reading the title that I meant the opposite, Bitcoin's parabolic growth to stop at some point. Well even though that's likely, this multi year chart comparison with Nikkei shows that Parabolic Growths some times break to the upside to an even more 'maniacal' phase. Hard to believe but Nikkei, the biggest most recent stock market...
Gold / XAUUSD recovered the November-December 2024 correction and resumed the long term bullish trend. On this 1W chart, it is evident that the yellow metal is incredibly bullish after crossing over the top of the multi year Cup pattern in March 2024. This Cup started on the 2011 High (All Time High then) and was practically the Bear Cycle after the golden multi...
Each Bull Cycle has its own parabolic trend that guides the trend to the new peak. In 2019-2021 that only broke during COVID (obviously) and then June 2021. It held throughout the majority of the Bull Cycle and gave the fairest exit possible. Right now, the altcoin market is closing in on the current parabolic curve. We are a few weeks tops before the next...
With NVIDIA surpassing APPLE as the worlds largest company in terms of market cap, we want to get your opinion on which one you think will reach $4 Trillion first. NVDA looks to have the momentum over AAPL but of course anything can happen. Fundamentals/ technicals aside, which do you think will become the world's first 4T dollar company? Follow us, like the...