dRends35

19:47

dRends35

20 minute technical work-through. VET has a terrible chart and may be one of quite a few coins to be printing a multi cycle bear market.. This means that anyone holding VET this cycle or even from previous cycle may see their positions erode significantly or even lose everything. Just to be clear I have been bullish Bitcoin and bought many altcoins and made...

dRends35

This market cycle has been very different from previous cycles. One difference is that there are many coins that may well be locked in a multi-cycle bear market. THETA is one of those coins. In the previous market cycle it did a x300. At that time I predicted it would dump 95% to reach a sub $1 target. I received quite a lot of ridicule for this thread that...

dRends35

NQ1 Very sudden pop happening out of hours. Impulsive action outside of regular trading hours can often be dangerous. There is a reasonable chance that this move is the final blow off phase of the uptrend to set up an exhaustion gap in regular trading hour indices before the next wave down. FOMC tomorrow might provide the volatility to print a topping...

dRends35 Updated 

Bitcoin printed a slightly higher high of an ascending wedge and that was a little bearish clue: Which became a bearish engulf: And has now slipped down a descending line to "roll off the table" and slump down. This shallow trend that leads to a slump is often very bearish and there are various examples of this throughout the historical chart: Stock...

dRends35 Updated 

Just made a new high. That is likely a clue of what happens next with Bitcoin. It was a running 3 wave 1:0.618 Golden Window correction. That is a weak ratio and ideal for a continuing uptrend. But most importantly it was a re-test for support: That dip buy was there to be gobbled up. If you didn't see it then this probably goes up and up from here 👍. Not advice

dRends35 Updated 

NQ1 Has slumped since week open and printing and Evening Star candle pattern on the 4 hour chart. So considering that it is in the retracement Golden Window (0.618 - 0.786) and also that Bitcoin is capitulating; this might just be the top here 👍. Not advice

dRends35

Chart from a few minutes ago: Now a few minutes later we can see a very strong bounce from the 0.618. This tidy bounce from the 0.618 signals that this slump was a simple retracement back to 1/Phi - 0.618. And so it may be that this fear test was the first correction wave. If correct then there will likely be another 3 to follow. This slump was in tandem...

dRends35 Updated 

BTC Lots of chop designed to confuse, but this contracting area could be the second wave of an uptrend following the bullish running 3 wave correction. I think there is a good chance of this. It now would appear odds on that the lows of this corrective area will not be revisited 😯. Not advice.

dRends35

Another tiny shakeout slump and another recovery. These whipsawing moves can be printing a cause building coil. Might pop soon I think - but there's always room for another shakeout 😅😃. Not advice

dRends35 Updated 

FET Looks like a 3 wave correction with shallow and cause building 3rd wave that you could call a Wycoff Creek. Could be a great buy right here; looks set to pump again soon. FET apparently is a super big deal in AI and it has a super long name to boot. This coin really does pump hard. If you can buy the dip right then it can be a great ride. This was a deep...

dRends35 Updated 

At the recent low was down 71%. That means it was wiped out all gains since 2020 crash lows. This has been the largest bear market in its history. And it is the deepest the 2 month (and above) RSI has ever been. So this has been a highest degree correction. A first ever for NKE. This hasn't done much positive yet, but with stock markets turning bullish; I...

30:40

dRends35 Updated 

Technical work through of my bullish bias for LCID. Enjoy 👍. Not advice

dRends35 Updated 

Dollar looks like it may be ready to bounce after a significant bearish trend. And so I have been looking for a suitable currency pair. Euro is printing a long wick; it looks good on the 2D chart that I will post below ⤵️. But up on high time frame, I thought it was interesting to notice that the impulsive uptrend since January appears to be topping slightly...

dRends35

The gap has proved to be a Breakaway Gap. And now after a cause building descending channel (Wyckoff Creek), this looks like a full breakout. Pushing through resistance here with some minor degree re-tests. Might yet have a more significant but minor pull back before fully breaking through. But in the end it will likely be up and up from here 👍. Not advice

dRends35

SILVER Had a huge bounce with all the Trump tariff kerfuffle and that was quite off-putting. But it looks to be revealing its hand now; printing a Golden Window failure (0.618-0.786 retracement rejection) with little upper wicks (red arrows) signalling a significant point of resistance. The GW failure follows a fairly limp ascending channel that would appear...

dRends35 Updated 

SOL #6 There are a few coins I am buying now based on the 2 week candle that just closed. SOL is one of them. It has printed what appears to be a very tidy high time frame, 3 wave, 1:1.618 Golden Window correction. The 2 week candle just closed is a bullish long wicked hammer that bounced from within the Golden Window band; just beyond the 1.618. And so...

dRends35

#16 TON is close to breaking up from this descending wedge that sits nicely in the retracement Golden Window; a ratio band with higher probability for reversal. Nice lower wicked candle showing bullish whipsaw - this may signal a move up from here: In high time frame, TON low is a tidy capture in the 1:1.618 extension Golden Window. And so it may well prove...

dRends35

EGLD Scrolling through Chat, this is another coin mentioned that Goliath either has bought or thinking to buy... This coin is one that has higher risk of death. Again this TA is on the 2 week chart, but notice that there is no bullish hammer as with ONDO, but only continuation of a very steep downtrend: Notice the high volatility whipsaw of the last bounce;...