If that last local top top was a neckline, then this target could be pretty high. Not financial advice. Amateur opinion
Observing Alkimi, it might be at the spring of a Wyckoff Accumulation. Amateur opinion and not financial advice.
DXY idea of when recession hits hard. Macro falling wedge retest is the target of the breakdown of a rising channel. Recession hits when target is met? Amateur idea and not financial advice
Altcoin dominance reaches the target of a monthly head and shoulders, bounces off a years trendline, and breaks out of a falling wedge. Might be a massive pump. Amateur opinion and not financial advice
USDT dominance weekly head and shoulders breakdown target could retest highs. Amateur opinion and not financial advice.
I think there will be a massive bounce on $ape. Last time on the weekly, there was a big bounce after it reached the -1.618 of the breakdown. Also a trendline can be made with all 3 lows. Amateur opinion. Not financial advice.
BTC dominance might be in redistribution UTAD. Amateur opinion. Not financial advice.
Tsuka might be leaving the "Spring" in this Wyckoff reacummulation pattern. Not financial advice. Amateur opinion.
Can't help but notice the timing of Elon Musk's tweets about memecoins. On May 9th 2021, Mother's day, at the top of a right shoulder on CRYPTOCAP:BTC , he mentions $DOGE. Today, the night of Mother's Day, he tweets about FWB:PEPE at the top of a right shoulder. Interesting.
I think PEPE might be in a massive distribution. Also aligns with the volume profile
Possibly a right shoulder being formed on PEPE. People getting suckered to get back in and twitter timeline very obnoxious and complacent. Send it lower. Amateur opinion and not financial advice.
Right shoulder starts after this bearish retest suckers more in and drops to may 3rd low. Amateur opinion and not financial advice
The -1.618 target for this current breakdown might be forming the right shoulder of a massive head and shoulders. The target of the head and should just so happens to be the -1.618 of the next breakdown of the previous low. Don't think that is a coincidence. All planned from the beginning. Peak euphoria and twitter folk acting like delusional nutcases. Just my...
Apecoin bottom at $2.30 on May 29th Just an amateur opinion and still learning
Using Fib time (1.618) extension for the time, and 1.618 vertical extension for the price. My amateur opinion and just learning
Hi, this is my first analysis. Been getting into crypto for about a month and a half so please take this with 9 barrels of salt as I'm a total noob. Retracement to the .618 Fibonacci to retest at .41 and bounce back up. Can any experts chime in on this? Thanks!