TV, Here is BTC on a 3-day in a riding wedge pattern. MA's approaching a death cross in 1-2 weeks. I expect price to spike one more time to (4) point, while MACD and RSI to move into over bought territory. A possible pullback to (5) with a break of support line could spell price action to $17'300. -TNT
Morning/Afternoon/Evening, Here is Avax on the weekly with MAs, Fib, RSI and MACD. Chart is currently in a bear flag with the potential setup for a move to $3.00-3.50. MAs signaled death-cross on May 29th, signaling more downside. MACD and RSI are setting up rejections to the upside and movement to the downside. Volume remains extremely low. I'm remaining...
Pain point is 25'200 for the next 8-10 days. If BTC breaks 25'000, it could spell a quick dip to 19,600. -TNT
TV, Updated chart BTC on a 6h, 12h, 1D and 2D basis. 6h - (Bullish) Above clouds and testing resistance line (dotted) from Nov. 12h - (Neutral) Below clouds 1D - (Bullish) Testing lower bound. 2D - (Cont. Bearish) I'm focused on the 1D chart. I'd like to see BTC move above the clouds and close a 1D candle at or above 18'500. However, I expect BTC to be...
Update from earlier post. BTC (2D) - perfect rejection at the lower bound. We could see below $18,000 within a few hours. GL
TV, BTC (W) with Gaussian Channel Market and Fed continues to be bearish sentiment. I'm watching BTC @ 21'500-21'800 for retesting entry into Gaussian Channel as well as the 61.8 fib level. Rejection at 21'800 by EOD, could spell changed momentum to the downside. GL
TV, BTC (M) showing the support trend line (pink) from 2016 to now. BTC fell below in Aug-Sept. with BTC tracing back up. If BTC breaks above trend line, then we could see BTC test $36,000 very quickly. However, if BTC gets rejected, then look for $14,000. TTM, MACD and RSI showing bullish movement. Will it hold? I'm looking for end of Dec. or early Jan....
TV, Here is a 4 screen of the Crypto TMC on a 2D, 1D, 12H and 6H with Ichimoku Cloud indicators. The 6H and 12H is showing strong support about the clouds, while the 1D closed above the clouds. My eye is on the 2D close... for strength or weakness. GL
Been a long time, RBLX (W) with a HnS formation. If it breaks, then PT $86.11 Not FA, DYOR
TV, BTC touched $22,000. Congrats, but don't celebrate just yet. The current pump is not sustainable in the near term. Based on the metrics below you'll see that the current price action should be falling blue aqua badass band at $18,000. Falling below $18,000 will setup BTC for $10,000. Panic will ensure. Recession and inflation concerns will peak. I'm...
Tv, BTC (D) broke down and is headed for $15,000 then possibly $6,500. DYOR/NFA -TNT
TV, BTC (M) with Gaussian Channel and 7 year support line. Are we about to break higher or fall to new low? My money is on the downside, obviously. In 2014, there was a test wick in Dec., then BTC faded into the GC only to bounce off the middle line and broke higher. In 2018, there was a test wick in Dec., followed by a short rally. BTC hovered above the GC...
Shoutout to @WyckoffMode for the Bands and Phoenix. I thought I would share a 1M, 2M, 3M, & 4M chart. If you thought the rip down to $30,000 to $19,000 was bad, get ready. On the 1M, the energy, green, Stoch and RSI are showing full downward pressure to $11,000. On the 2M, the the energy, green, and Stoch are showing a full decline to $7,200. On the 3M, the...
BTC and ETH capitulation will carry over to SOL/AVAX/ADA with a greater degree of pain. Solana is likely to hit single digits. TNT
If BTC retraces to >$4,000 (100% retrace), then what does that mean for the cryptomarket. ETH has shattered all supports. ETH 100% retrace is whooping $80. That sounds like a nice entry price.
Shoutout to @BitFink for calling this nasty BTC rip in Nov 2021. To those that called him a clown, he's the only one laughing. I thought I would share my anticpated BTC path to full tracement to $4,000 I'll be a BTC spectator, until BTC (W) shows positive momentum and support. -TNT
Hey TV, ETH (1W Log) has just broke a major support line. I expect to retrace to 61.8% ($1,100) and 50% ($650). DYOR/NFA
Hey TV, I thought I'd share another analysis on SOL. Sol (D) supports are at $30. If we break it, then we could vary easily see a retest of those prior lows (Jun/Jul of $24 and $20). Breaking $30 would be a big psychological breakdown and should be a massive signal of a continued bear trend. MACD and RSI are neutral at the moment. Today and tomorrow will tell...