TheCryptagon

TheCryptagon

Simple, yet highly informative especially in times of high uncertainty like the current one. Bitcoin / BTCUSD has a Full Cycle of 4 years. 1 year of Bear and 3 years of Bull. Right now we have entered the final year of the 3 year Bull Cycle, so we have a few more months left until the end of the year. Come October, we can start considering a top for...

TheCryptagon

PEPE / PEPEUSD is trading inside a Channel Up and this week's green candle suggests that we've most likely priced the bottom. Especially since the 1week RSI hit the bottom of its Channel Down. The Channel's first bullish wave hit the 1.618 Fib extension. Buy and target 0.0000795 Follow us, like the idea and leave a comment below!!

TheCryptagon

The altcoin market cap just hit its 1week MA200, right at the bottom of the 2.5 year Channel Up. This has completed a -57.89% decline from the most recent High, the same decline percentage as the ones that formed the August 5th 2024 and December 26th 2022 bottoms. The 1week RSI has also almost hit its 2 year Support. If bullish waves are as symmetric as bearish...

TheCryptagon

Dogecoin / DOGEUSD is trading inside a Falling Wedge pattern which hit this week Support A and immediately rebounded. The 1day RSI has made a Double Bottom and it is highly likely that we will see a steady recovery from now on. If a break out above the Falling Wedge takes place, Doge will most likely start its final rally for this Cycle's Top. We expect that to...

TheCryptagon

Ethereum / ETHUSD is under heavy pressure since the early December (2024) High and this week almost touched the 12 month Falling Support. Even though that's devastating news for short term traders, long term holders may remain bullish just by looking at Bitcoin's 2018-2021 Cycle, which ETH has been repeating very closely. A rebound on the Falling Support caused...

TheCryptagon

S&P500 / US500 is trading inside a 20day Channel Down that spearheaded the technical correction from last month's All Time High. The 1hour RSI is on a bullish divergence and within this pattern this has signalled a temporary rebound near the 1hour MA100 for a Lower High rejection. As long as the pattern holds, a tight SL sell position there is the most optimal...

TheCryptagon

EURUSD hit this week its 1month MA50 for the first time since October 2024. This is the first long term Sell Zone for the pair. The 1month MA50 - MA100 Zone has formed the last two major peaks of the market (September 2024 and July 2023), so it is highly likely to see a top getting formed here in March-April. Since however the 10year pattern is a Channel Down...

TheCryptagon

Bitcoin / BTCUSD is having a rebound after the price hit the bottom of the 10 day Channel Down. The bullish wave should attempt at least a +13.73% rise (similar to the previous one) and target 87000. That is the short term bullish plan as the price may be rejected again at the top of the Channel Down. If however the 4hour MA200 breaks, it will be the first time...

TheCryptagon

S&P500 / US500 tested this week its 1week MA50 successfully as the price almost touched it and rebounded. We have seen this kind of behavior in the last 9-12 months before a Bull Cycle tops. In fact with the 1week RSI trending downwards on a bearish divergence, today's price action looks more similar to the October 13 2014 1week MA50 fakeout, which was breached...

TheCryptagon

Bitcoin / BTCUSD is consolidating on the 1 stdev below following February's pullback. With the 1day RSI rebounding after turning oversold, this reminds us of all the previous major Lows of the current Bull Cycle. Those took around 1.5 - 2 months to be priced, so don't be susprised if Bitcoin doesn't rise before mid April. The upside until the end of the year...

TheCryptagon

Crazy as it may sound, NVIDIA / NVDA may recover from the current pull back and hit $300 by the end of the year. The reason is that the consolidation it has been in for the past 9 months, has been spotted on both previous long term growth Channel Up patterns right before the Channel topped. As a matter of fact, it was the last year of its bull rally. The...

TheCryptagon

Nasdaq / US100 is trading inside a Channel Up since the start of this Bull Cycle after the late 2022 bottom. The price is about to test the 1week MA50, which is the ultimate Support of this bullish trend and has been holding since March 13 2023 (almost 2 years). It is important for the index to keep a weekly closing over it. If it does we will have the most...

TheCryptagon

Dogecoin / DOGEUSD is trading inside a Channel Up for exactly 1 year and the price is currently very close to its bottom. The bearish wave is under the 1day MA200 with the 1day RSI oversold, which is exactly the conditions that were present on the August 5th 2024 bottom. This is an excellent long term buy opportunity, potentially the last one that will lead DOGE...

TheCryptagon

Bitcoin / BTCUSD is often correlated with traditional assets that can be easily related to like the USD, stock indices etc. On this idea we introduce the Liquidity of the People's Bank of China and as you can see there is a strong correlation between the two. Every time China's central bank pumps money into the markets, BTC enters a strong Bull Phase. On the...

TheCryptagon

Tesla / TSLA hit its 1week MA50, having declined by -45% from its December 2024 All Time High. This is a critical Support junction as besides the 1week MA50, the price hit both the former Falling Resistance and the Rising Support of the April 2024 low. Last time we saw the exact same pattern was after the March 2020 COVID crash tested the 1week MA50 and...

TheCryptagon

Gold / XAUUSD entered a Channel Down on the 1hour timeframe forming today a Death Cross. This is the first 1hour Death Cross since December 16th when Gold was again inside a Channel Down. That Channel Down had symmetrical bearish waves of -3.00% each. We expect the current one to show the same attributes, thus the bearish wave that just started on the Death...

TheCryptagon

Bitcoin / BTCUSD is having a 'bloodpath' week in the eyes of most but not to those that know when to zoom out and look at the bigger picture. And that's BTC being on a purely technical Bull Cycle correction. In fact the same Channel Down correction has been seen twice already this Cycle after at least a +105.70% rise. Both times it found support and bounced on...

TheCryptagon

EURUSD is trading inside a Channel Up on the 1hour time frame. The two previous bullish waves both topped on a +2.27% rise. Having made a new low on February 19th, we are now on the 3rd bullish wave. We expect a symmetric +2.27%, based also on the identical 1hour RSI it shares with the previous 2 bullish waves. Buy and target 1.06300 (top of Channel Up at...