2018 we went stagnant at $6,000 - $6,400 range. We had an exit pump before correcting nearly exactly 50% and finding a bottom at $3,200 on most exchanges. We're currently stagnant again at $10,000 to $10,300. We're coming to the end of a meme triangle just like 2018. If we fall, and do happen to reach this marked area, it marks 50% correction. BTFD.
Breaking $BTC down into quarters.. Q1 ~ Alts ran all of quite impressively from New Years Eve pretty much until April 1st. Q2 ~ Literally day 1 of Q2 we mooned, and found the top at the end of it. Q3 ~ We're here now, Is this re accumulation or distribution? BAKKT launches in two weeks just before Q4. Q4 ~ What do we think is going to happen? Interesting when...
LTC Large falling wedge. Bull divs. BTC.D ready to break down. BTC ready to break down. Perfect recipe for $LTC to pop within the next week. Pay attention!
Acquire 53-56 Targets: Pivots: 63 > 73 > 84 Fibs: 57 > 61 > 62 > 65 > 68 > 76 > 80 Weekly Resistance: 58 > 61 3D Resistance: 67 - 71 Daily Kumo Resistance: 80 Daily 100MA: 79 8HR 200MA: 59 Stop loss ~ Where you see fit. have your own risk management strategy.
Acquire above the 4HR KUMO. So from around 960 - 980 Targets: Fibs: 991 > 1028 > 1048 > 200MA 4HR: 1055 Bearish retest: 1000 Pivots: 994 > 1034 > 1076 Stop loss @ or around 950
$MATIC Triangle is real. Low sat coin, so stops hurt to get right. Acquire: 145 - 149 Targets: Fibs: 154 > 156 > 166 > 177 > 204 > 218 > 238 Triangle Target: 237 12HR 200MA: 185 Pivots: 157 > 179 > 195 > 210 > 225 Stop loss @ or under 138 This is probably the best looking alt right now.
Just something to check back on to see how price reacted to the dates and fundamental events. 30th Dec 2019 is 6months before 30d Dec 2020 is 6 months after halving
$XVG Short / Mid / Long term Scalp/Trade/Swing Acquire : 44-46 Targets : Fibs: 53 > 71 > 75 > 102 > 109 > 123 > 138 > 145 > 172 > 176 - 195 OBs : 68>71 ~ 103 > 134 ~ 156>183 Moving Averages : 50MA Daily, 100MA Daily and 200MA Daily. Pivots : 63 > 72 > 88 > 97 > 106 > 115 Use your own risk management strategy with this trade. As it's a LOW SAT coin...
We're either on the brink of an Alt Season with BTC.D capping out at the 200MA weekly, or we're about to start creating a trading range. (or just another bearish retest before dropping lower - trade what is, not what you want it to be.) Trading Range Entries/Exits: Lowest Red Range = TP1 Highest Red Range = TP2 Lowest Green Range = Accumulate...
Broadening Descending Wedge Pattern played out, target could be classed as reached. Now, we've got a steep rising wedge, 200W MA and 61.8% from 0.1 to 100% dominance as resistance in the coming week/s. Will this grant an alt season like the 100W MA did?
When in doubt, draw a triangle? Publishing this just to watch it play out =)
CME FUTURES 6MONTH CONTRACTS
Target is 71.6% Will we see pure capitulation on Alts over the next few weeks? or will they sit sideways? Bitcoin Dominance doesn't appear to be finished. I'm ready to buy the f*cking dip. My eyes are on $IOTA and $AGI.
How will Bitcoin Dominance play out? This is my cheat sheet.
Bullish on $AGI ~ Holding large bag. Watching a bot constantly buy at specific points. I think it's painting wyckoff accumulation while also accumulating.
The charts never lie.. Conflict between the West and Iran is brewing.. German jets go down an the media spit out instantly that two high tech military planes crashed into each other (yeah fucking right).. as certain parts of the internet go down (cloudflare and other services). Oil attack after Oil attack.. Digital attacks on Iran already targeting military...
Check this out I've labelled everything for you so you can easily understand it. We've got a wedge in price, which just means higher lows (green circles) and lower highs (blue circles) since we reached $9,100. And from our previous run up to even get to this level has left it's own trend line (yellow circles). Now I know some people dismiss sloped trend...