fugasok

fugasok Updated 

Not holding any Cardano. I don't see anything good about this blockchain in the next 2 years. I think ADA topped out for this bull market and publishing this to track how it goes.

fugasok

Chart looks almost same as Algo or Atom but if you look closer there is more weaknesses on EOS. On 1W timeframe you can see that price found strong resistance at 2 year resistance level. RSI moved above 70 but couldn't find any support there and dropped back to 50. Dropping below RSI 50 will lead to huge price drop. There is bullish divergence on 1-2W RSI...

fugasok

There is a trend line that nobody is talking about. 11 Year RSI trend line. Current bull-market was similar to 2013. If it topped at 108k or will top at 120k. Does not really matter at this point. All eyes on alts right now. BTC peaked the same way as in 2012-13. After RSI touched this yellow trend line next touch comes only after 1100-1700 days. If you extend...

fugasok

You can see on the chart that in late 2021 BTC had 2 peaks with 21 day consolidation between them. Currently we had 24 days of consolidation and 3 peaks. Almost the same. After the first peak RSI did not go above 70 anymore even if price moved higher. It was final price extension from people that FOMOed and some ponzi corporations. Last couple of days RSI...

fugasok

XMR broke out from long consolidation and currently retesting and trying to find support on previous resistance. RSI also touched 70 level as testing ground. Possible move from 200% to 250%

fugasok

There are 2 trend lines. One from 2017 top and 2nd one from january 2023 + price currently trading little bit above 1.618 golden ratio

fugasok

Enzyme is very low cap coin dated back to 2017 bullrun and it has superb chart. There are only 1.4/2.66M tokens in the market. First of all you can see that every 900-1200 days MLN faces strong bullish momentum. Price broke up falling wedge at the beginning of december and trading above trend line (same behavior as in year 2020. At the same time RSI moved...

fugasok

Each candle on this chart is representing half of a year (6 months) As you can see it "reversed", as people call it, in the middle of nowhere, in the middle of big red candle from 2021 y. The only reason D. "reversed" was round number 60%. BTC Dominance moved through 12MA (green) and currently trading above it. Next level to watch is 21MA (orange and super short,...

fugasok

Everybody is convinced that BTC.D has topped comparing it to arrow number 1. What if we should compare it to number 2? Overall movement direction is UP, not DOWN as it was in 2020. BTC.D found support on 50MA and formed hidden bullish divergence on RSI. 63-70% dominance is levels to watch

fugasok Updated 

ETH/USD chart looks very bullish at first glance but if you look closer then you might find some bearishness in the short-term ETH formed double TOP in the spring time and since then it was in down trend. Current up move for me seems like just retest of July high. In the upcoming alt-season ETH will lead the market but before that it may drop much lower into...

fugasok Updated 

After Shib broke out from falling wedge it made 122% move but expect some retest of lower level before going much higher in Q1 Q2 2025 Good entry point could come in late december or january.

fugasok

ZEC has superb chart. You can clearly identify falling wedge formed and breakout occured in July. Falling wedges in 70% of the time are signaling of major up move but before that most likely we will see a retest of support level. Double bottom pattern could be finishing wave of the bottoming process. By the way in november ZEC has it's own halving! We should take...

fugasok

Elastos as Layer 2 for Bitcoin have huge opportunity on the market and the best among Coinbase coins list. Last december ELA has nice pump from the bottom of consolidation period and right now trying to find a support on it. Currently you can see a bearish flag formed on ELA since march. I expect it going one last time little bit lower to grab liquidity at...

fugasok

For the short term i see those scenarios. On the 4h timeframe price broke 200MA (red line) and currently trading above it. To follow Yellow and Orange scenarios Bitcoin must hold above 20k. 200MA on 4h timeframe was strong resistance since 10th of april and in my opition that's why it is important for now. Current market structure is similar to bear flag so if...

fugasok

Current "bear market " i see as a copy-paste pattern that formed on stock market in period of 1999 to 2009. You can see basic structure on upper charts. On the bottom charts you can see Bitcoin on the left and Dow Jones on the right in 12h time frame. As you can see current bitcoin structure also very similar to DOW Jones in 2009. coincidence? We will find out...

fugasok

Little idea update. After RSI formed a huge bottoming pattern on RSI in summer 2021 price retested this trend line in january 2022. This happened as in march 2020, BUT this time we had 2nd retest of a trend line on RSI - this looks bullish for me. Yes we could see some more volatility before going higher but i will not wait prices below 25k. I think this is...

fugasok

In february i wrote an idea called "Comparing 2019 mid cycle correction with 2020-2021 on 3D chart" As an update i marked with green vertical line place where i think Bitcoin price is. As we can see on the chart this structure still in play. This takes time and we should be patient.

fugasok

I found interesting trend line on DGB-USD 2W chart that started more than 2600 days ago and recently price retested it again and reversed upwards. Since bullrun 2017 DGB formed a MASSIVE ascending triangle.I took it's height and put it on the breakout point which brought it to 8-13$. Also my targets on 8$ and 13$ were measured with FIB retracement before. From...