dependable412

dependable412 Updated 

Last year in December I spotted a W on the one week and subsequently the shib took off. Here we are one year later this time the W, If completed, is about 10 times larger than the last one. Many assets are lining up with an early February blow through the roof. Keep your eyes open and good luck!

dependable412

If we take a look at bitcoins trajection at the beginning of the Bull run you can see that it is set to pick back up. The red lines indicate possible turnaround points. The bottom red line is at 82K, followed by 84, 86, 88 and then current price. In short we could go as low as 82k or if we traded sideways all the way until the end of January we could stay at...

dependable412

A closing candle today below 57,325 would certainly push the price to 55,500 range and or below 😬 👇.... Stop losses...our lifesavers, they are there for a reason, for noobs, Make sure you put your stop losses with enough room to be executed otherwise they will just be passed right on up as if you never even had one placed! ie. If avax was trading at $22 and a...

dependable412

Hopefully not everyone listened to these idiots.... F u d is what they sow. 😂😂😂😂🤥🤥🤥🤥

dependable412

This sure does look good to me! It doesn't get much better than a giant w on the one week time frame....

dependable412

It seems as though matic is testing a new range as investors seem to be neutral on the coin. MATIC is currently $0.1300000 (20.40%) above its 100-day moving average price of $0.610000000 with its current price of $0.740000000. Meanwhile, Polygon is $0.2400000 (-2074.50%) above its 52-week low price of $0.490000000 and -$0.82000000 (-593.98%) below its 52-week high...

dependable412

As we can see on the one month, we are staring at a double top.. until the price breaks HKEX:29 ,184, we ultimately are looking to head lower! However if the resistance line shown in red is broken..... The sky is the limit! Watch out for pump and dumps. A 1day candle has to close above that mark to avoid sliding further downward 👇 This is not financial advice...

dependable412

I believe we retrace approx $600 from the 20,600 marker to 20000 before any further gains.

dependable412

Observe is what I see as a diamond structure which is a bearish divergence in this occasion. Should see significant retracement. This is not financial advice.

dependable412

As the market shows continued caution staring into the face of a bear flag on the one-day time frame. Please exercise caution as the bottom is anyone's guess! Not trading advice... Please DYOR!

dependable412

As we can see on the chart we are in an ascending channel it looks as though for today a clear break of the channel is somewhere between $18,150 and $18,200. A close above this channel would warrant further gains. However a close below this channel would certainly put us back at $16,000 at least. Of course if that line is broken.... The floor is the limit! ...

dependable412

Should have a nice pump coming our way. As you can see we've got a bull flag on the 4-Hour time frame. As most of you know, the 1 and 4 hour time frames are very important for upcoming trends. This is not financial advice merely my interpretation of the charts. I am not always correct. Please do your own research!

dependable412

It appears as if we cannot get a close below or above the pennant. 30 days of torment, it seems as though it has to make a decision sooner than later... I still believe we have to go lower. Look at the stoic RSI. When it goes down so do the prices... It may bounce off the bottom of the pennant and burst right through the top? This is not financial advice, simply...

dependable412

We're still dealing with the bear flag with a break to the lower end of the triangle. Yes we have break of structure right now, but we've also contended with this before on this downward trajectory only to be let down further. Stochastic RSI is showing that we could be in for a drop soon! Still don't believe we've had our bottom. 13,600 at least... I am not a...

dependable412

Upside down cup and handle on the 4-Hour time frame presents a bearish divergence. We're headed downward 👇. My guess is 13,600. Please do your own research before entering any trade.

dependable412

On the 4H time frame we have a bearish upside down Cup and Handle! Things could be headed to that 13,600. Be careful always do your own research before entering any trade. Please like if you like😁

dependable412

Bitcoin needs to go lower. Seems like the perfect setup. Clearly a Bear flag is formed. How far down will we go? My assumption is a $3,000 drop to the 13,600 area, based on the length of the pole. I believe DCA is the best approach here starting around 15,000. This is not financial advice! Please do your own research before entering any trade

dependable412

With Bitcoin destined to lower lows, it seems as though a Bear flag may be in the making. Keep your heads up something tells me this thing may be over sooner than later! If you look on a platform like Binance, the charts show the flag a little more clearly. I do not give out financial advice only the simple ideas that pop into my head, and what I can see on the...