anamaly

anamaly

In my previous analysis I discussed AMC. GME looks to be in a very similar position as it is retesting a trend it hasnt visited since its last parabolic move to $500. It is also in a wedge and possibly a bull flag. Anticipated moves for a bullish breakout range from $250(based on the base of the wedge) to $450 based on the last measured parabolic move. Which...

anamaly

AMC is very very close to breaking out of this ascending pennant. It is in an extremely similar set up as it was before it broke to the upside from $10-$70. Since that explosive move, price has not closed below $30 showing strong buying at this level. The RSI has a very similar setup as well. I expect a break upward to $100 with a possibility to reach $130....

anamaly

As I mentioned yesterday, there are many similarities between the 2021 and 2017 bullrun. On the daily we are actually putting in a double bottom as we speak with bullish divergence on the RSI. This is a wild coincidence especially when the RSI bullish divergence is angled on the exact same angle as 2017(30degrees), assuming we bounce from here. This could...

anamaly

Posted this earlier today but it got flagged for adding my twitter handle so im posting again. A lot of times this cycle is compared to the BTC cycle in 2013. However right now price action is looking very similar to 2017. We have bottomed out on almost the exact day in July and have been following the price movement of the second half of 2017 very closely. The...

anamaly

Im new to Elliot Wave theory but if this layout is correct then are we headed toward an ugly multi year ABC corrective wave (bear market)? Let me know your thoughts

anamaly

Since May 19th we have been following this upward trend on the RSI. Every time we touched this trend line we had a bounce leading to a higher high. And every time but once it led to a higher low as well. I expect us to create a floor at these levels (59-61k) and continue our up trend toward 100k. Im expecting resistance around the 80-85K level(first thin blue line...

anamaly

Im new to Elliot Wave but SAND definitely appears to be in its final leg before an ABC corrective wave. Thoughts?

anamaly

Exciting times for Bitcoin and crypto in general. 2020-2021 Bitcoin bull run has been insanely similar to 2012-2013's bull run. Especially when it comes to price action. In both cycles April has been the mid-cycle top followed by a 3 month re-accumulation period. Q4 is also off to a great start. The RSI has been a very useful indicator, in 2013 the local top and...

anamaly Updated 

Heres a quick summary of what i think will happen in the next couple of months with bitcoin. Currently we have been sitting in an ascending channel (medium long term bearish/short term bullish). since the last time we were around the 30k levels. There has been a lot of talk on whether we are in a bull market or bear market. I didnt and dont believe we were ever...

anamaly

Hey guys, this is just something i been looking at for the past couple months. I wanted to know your thoughts. Are you bearish or bullish on the dollar and why? Let me know! 🙏🏽

anamaly Updated 

Bitcoin has been in a descending wedge since May 16th. These are textbook bullish patterns. In 82% of cases, the exit is bullish. In 55% of cases, a falling wedge is a reversal pattern. In 63% of cases, the pattern’s price objective is achieved when the resistance line is broken. In 53% of cases, the price makes a support pullback on the falling wedge’s resistance...

anamaly Updated 

Ive been looking into two stocks recently, NVDA and SPY, and they both look extremely overbought. I mention SPY only because NVDA is apart of the S & P 500, Ill upload my SPY short analysis soon. However if you look into the weekly chart on the left it has broken out of an of what appears to be an already overbought channel. This channel dates back to 2018, where...

anamaly

(Summary on the bottom) LET ME KNOW YOUR THOUGHTS ! In my previous analysis I talked about bonds and how they are looking to continue its down trend for the short to medium term future. This chart of SPY currently validates that theory. On the monthly and weekly it has broken out to the upside into a channel it hasnt been in since October of 2018. Prior to...

anamaly

Let me know your thoughts everyone! Im very curious to see what the general public is thinking.(agreements, disagreements, any thoughts are welcome) Are you guys bullish on stocks or on bonds? Here are 3 different time frames for the TLT 20 Year Bond ETF(daily, weekly, and monthly). In my analysis you see we have been in an ascending channel(textbook bearish)...

anamaly Updated 

I previously made a post on the wycoff accumulation and it seemed to be following it precisely until last night lol. Now i readjusted my chart and used the daily to have better confirmation than the 4hr. The 4hr looks to have underestimated the total length of phase B. This is the moment of truth everyone. The blue arrow indicates my estimate in how the chart...

anamaly Updated 

MSFT broke out of a descending channel its been in since February after a bear trap fake out to the down side before getting back into the formation and breaking out to the upside. This stock is pretty much fully correlated with btc. Btc is having a good week so the same will go for MSFT. If you're anticipating a continuation of the bull market this summer for...

anamaly

BTC has been range bound ever since the May 19th crash. Since last week we have broken out of a Wedge and fell into a descending channel and are currently retesting the support line of the channel and very close to the bottom range of support. If this support holds strong we should have a break upward sooner then later. if we break below these support levels which...

anamaly

Since May 19th we have been in a wedge that has held solid support since. It showed signs of weakness on June 8th but ended up being a fake out, it recovered back into the wedge by June 9th and actually retested the top of the wedge on the 10th before coming back down to test the 35k levels which has shown great support. Like the wedge it fell out a few times,...