This model has been spot on. Resistance is nearing as previously discussed in chart posts. The fractal (mirror) of the lower extension higher (red arrow). Right on time. CRYPTOCAP:BTC
CRYPTOCAP:BTC is working its way through this algorithmic structure perfectly. Currently testing the rail trendline (see previous posts and chart updates) and has timing for the upper test (mirrored extension above as below). The tail below (red arrow) mirrored above (red arrow) should be the resistance test for Bitcoin bulls. Likely comes in around October...
GETTEX:TAO 200 MA extension up model. Price has timing Wed Oct 30 and Tues Nov 5, 2024. 50 MA below price at 485.80 and likely a key support. 100 MA breaching 200 MA upside is bullish and likely price sees one more rally (possible floor up) in the MA sequence (100 MA breaching 200 MA is last in MA breaching sequence).
TAO support areas on 200 MA extension down model. - Diagonal fib (white) - Horizontal Fibs (various colors, a few marked with blue up arrows) - 50 MA (purple) - 200 MA (pink) Timing Wed Nov 6 I think the diagonal Fib (white) is the bounce (white arrow)
TAO daily model (1 of 3), price to 200 MA extension model on daily.
Daily BITCOIN (BTC) Daily Time-Frame Model Update: Price rally in to quad timing (white) upside in to 200 MA (pink) with huge bullish candle. Price breached upper TL (white) resistance in to TL (rail) resistance and stopped. Now pull back in to next timing on model (compression timing). IF 50 MA (purple) breaches upside 200 MA (pink) with price above, that is...
Bittensor (TAO) Double top with a double bottom on wedge structures with a bounce to the first blue resistance. Very interesting. And the blue hit was the high of the 1st of 3 wedges. Can't say i've seen that recently in markets. The assumption until otherwise would be accumulation.
Bittsensor (TAO) gets a serious bounce out of falling wedge and in to timing. Very nice structure setting up for this week.
TAO Hourly Fib structure quad on 200 MA hourly extensions (white), possible falling wedge (blue), timing (orange).
CRYPTOCAP:SUI has an excellent algorithmic structure. 4 Hour shown with 2.92 (blue) price target next and then 4.39 (red) - algorithmic Fib extensions. Christmas 2024 is the likely upside on CRYPTOCAP:SUI also (many cryptos have the same cycle compression dates). Watch each line as resistance and support. I'm moderately long adding in downdrafts as we go....
SOLANA (SOL) continues to hold position on the weekly in it's Fib structure above the 50 MA and the white TL noted (uptrending). SOLANA targets 250s by Christmas ish on all of our models, assuming the bulls rally. On the way up watch each resistance marked. EPIC Machine Learning software is deep long consolidating all through lows. I'm personally moderately long...
TAO may not drop as low as I had anticipated (hourly chart shown). The chart is a mess, but nonetheless the yellow lines show my upper target marked with white circle. Price target comes in late this Saturday. We'll see. We've been positioning long.
BITCOIN (BTC) at upper TL resistance. Watch the mirrored measurement of the lowest daily candle tail (red arrow) mirrored to top of structure (marked with red arrow and dotted red TL). Resistance points are first the white TL just overhead (rail of the wicks), then the tail mirror (red), then blue (key Fib resistance) and then ultimately the 78,646.00-79,037.00...
The Solana CRYPTOCAP:SOL Model had both key trendlines to watch for trader risk management and sizing AND timing (red verticals). Timing is key for traders (secondary to key areas of support and resistance) but still VERY IMPORTANT for considering risk and size. There is a key timing Wednesday October 24, 2024 that should be significant (it could be a near...
Solana CRYPTOCAP:SOL Weekly Chart Structure is working well. The timing we expected this week for a considerable rally happened as planned. Cross of two or more significant TLs meet price and abov 50 MA (purple) and kaboom happened. Watch the upper trendline resistance at both angles (uptrending and downtrending). Upper extension, above the structure for...
AlGORITHMIC BITCOIN STRUCTURE on HOURLY TIME FRAME RESISTANCE on the BITCOIN CRYPTOCAP:BTC hourly chart comes in near exactly where the reistsance is on the larger time frame channel models. Be very careful with sizing, expectations in this area. The larger time frame models contain upper level extensions algorithmically for traders.
BITCOIN (BTC) DAILY OBJECTIVE NEAR The Bitcoin channel has worked well. The Fibs in the channel have worked also as support and resistance levels. Abover the channel watch the Fib resistance levels especially as price nears the blue at 76,630 area (if price gets there before Oct 13. After October 13, 2024 the fibs move up algorithmically (I will update the...