Coinbase has been in a long time accumulation range between approx $50 - $110. I have marked some of my levels for the longer time frame if the stock / BTC performs well. One thing to note, if we take a look at the fixed range volume profile, you will notice the majority of the volume is being traded below the current price of $82. The range point of control...
Etheruem has been lagging very hard against Bitcoin for the last year, and it may be time to finally see a big move in ETH. After holding above the support zone and starting to try and break out of the previous high, I would like to see a pullback into the CC zone for a bounce to break back upwards. We don't quite have much resistance ahead above 2800, and I...
I don't generally track patterns such as butterfly's but this one seemed to standout to me, with the coordinates matching up quite well with our fibonacci levels. Although a bit extreme, the butterfly is showing us a potential upside of 15-20% before reversing it all back down. This will be something for me to keep in mind moving into the rate cuts, a...
Bitcoin has made an epic move over the course of the last few weeks, into a critical resistance level, slightly front running the all time high. According to some of the data available, suggestion that retail is actually shorting the Bitcoin price at the moment as they are in disbelief that we will break the all time high, after months of sideways price action....
My previous trade idea on MARA followed the accumulation of the lows below $10 when this stock was totally undervalued. I was buying to sell into the ETF news, which lined up perfectly with my BTC prediction approaching 48-50k. That trade resulted in a profit of 300% and our next opportunity is likely approaching as the Bitcoin Halving will occur in April. Ive...
Continuing my analysis by popular demand, next on the list is Cleanspark. This chart is slightly less predictable than some of the other charts we have been reviewing. In particular CLSK has several zones of confluence coming together, however, its tough to guess where this one may bounce. Generally, I like to make a base case using the .618 Fibonacci...
Looking to add Bitcoin on pullbacks, I would like to see a liquidity grab at the high of the Value Area, afterwards loosing the level and making it way down. Several levels below: Weekly $63k - $63,200 Range Point of Control $63,125 0.618 pullback zone between $63,120 and $62,680 We also have an anchored vwap from the $53k lows after our August crash,...
It would be an absolute dream for the NQ to take the daily high, followed by a failed swing down into the CC Golden pocket fib. Just an idea as I can see a clear bearish rising wedge pattern, although knowing these markets, it can quite literally just keep melting up. Let's see if we get the opportunity. Only time will tell...
SPY forming a bearish rising wedge here on a larger time frame after strong buy side pressure has brought the index to all time highs. We have left a gap below us around 5640 and we may see this fill in the near future. Currently I see strong support below us at the CC golden pocket retracement zone at the daily 5400 zone. This correction may occur as market...
October is historically a bearish month for the stock market, but a supposed bull period for crypto defined by many as Up-tober. Because bitcoin is more so related to the global markets now than ever, and overly bullish sentiment may give the bears an opportunity to capitalize on liquidity, as well as potential uncertainty leading into the American elections....
The inverse Bitcoin ETF for short side trades seems to be forming a bearish gartley pattern. In this pattern, we would see a move upward, before a correction back down. For me, this could be a signal of a coming 20% drop on BTC before initiating the bull rally.
I have been following the Bitcoin price action locally quite often, and would like to strategize a plan based on the current price action on the charts. At the moment, I believe we will likely move up to approx $60k to test the Value Area Low of the previous 6 month range. I do believe we will see seller's step in at that level and bring price back down below...
Markets have been extremely volatile this summer with the anticipation of a rate cut swiftly approaching in September. Futures markets are currently predicting a 99% probability of a cut in September. Historically, markets do not tend to crash during election years, however the combination of rate cuts, global tensions, inflation, employment, and many more...
The miners have had an absolute face ripper rally over the last few months pending an ETF approval, which was finally received. Perhaps not as well as some may have thought. Due to popular request I have created some zones for where I believe RIOT will likely pullback to after a nice impulse move. Now RIOT is a bit different from MARA in the case that the .618...
Solana has become one of the foremost traded, and discussed alt coin seemingly surpassing the expectations of ethereum. With a solid network, and strong fundamentals, we could see Solana as being one of the most reliable top performers for the next bull-run. Currently, I do have one monthly un-tapped level of liquidity sitting at approx $96. This lines up...
nVidia has become an extremely popular stock amongst market participants, and has a large potential to revolutionize the world through their AI technologies and computer processing chip sales, amongst other benefits. However, going into this uncertain time pre-election, there is potential for volatility to be present in markets before moving to higher levels....
nVidia has become an extremely popular stock amongst market participants, and has a large potential to revolutionize the world through their AI technologies and computer processing chip sales, amongst other benefits. However, going into this uncertain time pre-election, there is potential for volatility to be present in markets before moving to higher levels....
Markets have been on a tear to the downside in the recent weeks after hitting all time highs with a recent sharp pullback on Japan currency news, highlighting the sensitivity in the market today. After a clear trend has been identified to the downside, the market is leaving some clues behind on where we may see pivot points through the supply / demand zones. I...