Let's imagine that this time the percentage move up is only 50% of the previous one. Percentage-wise. That could still yield 2.5 trillion at the peak.
Powerful signal on XYM. Cross on the chart of 2 weeks.
Hi. This is my 200th idea. Anniversary. CRYPTOCAP:ETH.D I'm just observing so far, but some pretty interesting symptoms on ETH.D 1. On the weekly chart, the Ishimoku clouds are reporting that the overcoming momentum has not happened. The Kijun has not crossed the Tenkan and is moving in parallel. 2. Senkou Span B (lower boundary of the cloud) stopped candle,...
I borrowed this idea from @This_Guhy (thanks!). He suggests to consider a correction value for this W-pattern equal to 1.618 Fibo. This is interesting. Most importantly, why this could happen. 1. Bitcoin has started a correction. It could go quite low in its channel. 2. SPX has started a correction and could go low. 3. BTC.D has a strong monthly signal...
So guys, I'm doing an extra BTC Dominance idea. All just the way I like it, the power signs on the small timeframes led to power signs on the big timeframes! I have no doubt that BTC D are ending the Wyckoff accumulation, and this monthly candle in the narrow SOS range is meant to test the lower boundary around 46.8-46.5. The July candle should be green! A...
WT-cross gives a signal of a powerful upward movement. Breakout above the cloud. 9-seasons also speaks about the start of the upward movement. Obvious target for the next weeks is 105.7. But it is far from being this year's target. Most likely it will be a year of DXY strengthening.
It was long and tedious. But finally. Okay, I'm placing the end of the pullback between 0.5 and 0.382 . We'll be watching this. It's going to drag a lot of things down with it.
So, I wanted to try something new. Let's take a look at the SPX chart. I plotted pitchfork by taking the median line as the starting high of February 2020, and setting the bottom at the downside and the ATH in January 2022. And I discovered a newly published indicator Whalemap . it tracks seller and buyer activity through order analysis. In December at...
Hi. Even though the expectations for a stop around 53-54K did not materialize, I want to remind you of something. Every time the monthly stochastic showed 100, it reversed. 82 is a classic FOMO. The monthly volume bar is down. Do you have any idea how big a pin this thing could be? Stop looking at the 4 hour chart.
The VIX is taking so long to harness the horse that our children have time to grow up. Okay, I'm not going to scream long (I've done that before), I'll just note the signals on two timeframes. 1. 4 hour hidden bullish divergence on the RSI 2. Weekly chart. Cross on MACD. How much time will it take to get a result from this?
I perfectly understand why many people draw short on JPY, it really looks risky. But look at the weekly chart from a certain angle. A kijun/tenkan cross was formed just inside the cloud and the candles was held on the inside cloud boundary. 1 candle, which will take the price above 138, will quite push the price to the top at 152. Anyway my experience shows that...
Smart money concepts show weak high. If we apply pitchfork, taking as a basis the bottom at the end of June 2021 and the top in November of the same year, the channel will show us something. The price went to 1 and after a pullback is trying to reach 1.236, the first impulse level. I attribute this BTC rush to the fact that SPX has just reached a top in its...
Some kind of pin will be over the trend boundary. I'm posting this nevertheless to keep my head up. SPX has reached the upper boundary of its channel. DXY may make a powerful throw.
Hey! We have a contradictory situation on the daily chart, and I thought I'd take a close look at this as an important model case. 1. After reaching a peak on January 11, price fell and broke through the lower boundary (Senkou Span B) of the cloud. At the very least this is an indication that the upward structure has begun to break down. However, such signs...
So, bottom of the USDT.D channel is confirmed. Tether's dominance could peak at ~19%. This could very well send bitcoin to below $ 10,000 (in a short moment). Because 19% is more than 9.5%. And do you remember what happened to Bitcoin at 9.5% USDT.D? Counterintuitive twist. ETF approves. Price is dropping.
Oh, I've known situations like this. This is a 2W chart of ETH/BTC What is notable here in terms of the Ichimoku method? 1. Candles have dropped out of the cloud. 2. Kijun-Sen crossed the Senkou Span A and B 3. Lagging Span crossed Senkou Span B, but immediately returned. However, the notch is there. 4. Tenkan-Sen is trending downward. There are two major...
VIX has a long gun loading time. But right now, two oscillators on the weekly chart look very bullish at once. It would be strange if within a month the gun didn't start firing upwards. Ok, I can't tell you the exact time frame, probably some day in the fall it will happen. For comparison, I've indicated similar patterns for winter 2020. But now the oversold...
These thoughts have been expressed by many traders in one way or another, and I tend to share them. However, I want to make my own picture. It helps my thinking. Elliott Waves are not my base method, but this model base situation can be really can be seen on a weekly global chart. It's important to apply it here so that you don't get lost in the pictures of...