As regulatory pressure (namely interest rates) finally begins to appear to be easing-- BTC is butting up against historical resistance , that's not to say that BITSTAMP:BTCUSD can't surge in the near term, I actually think it will! That said, the writing is on the wall that it is BITSTAMP:ETHUSD and BINANCE:ETHBTC 's time to shine in this cycle. The ...
Every time BTC.D has come close to this resistance line, it has signaled the beginning of the alt season-- will late 2024/2025 cause a repeat? I think it may, and the late half of 2024 might be closer to an 'everything rally' than the previous cycles, where CRYPTOCAP:BTC lead markedly, and then CRYPTOCAP:ETH et. al. followed behind.
If CRYPTOCAP:SOL momentum continues, we may be open air to .06 sooner than later
COINBASE:SOLUSD has established a strong rebound from a massively oversold RSI basis (4h)-- the trend shows that there is massively bullish potential if/when it does break out
Hourly RSI shows surprisingly strong sell pressure in such a bullish structure. What say you?
The $34.55/oz line will really be insane when we cross it- and we're painting a bull flag on the 4hr that goes right past it to $35/oz, which puts us at prices not seen since 2012 Near term, bulls appear to be winning through sell walls
Operating off of a confluence of multiple signals showing a major breakout for AMEX:AGQ , there is a simple chart wedge that at the 1.618 Fib level places us firmly @ $104 / share. - TVC:SILVER near term to hit ~$47/Oz: - TVC:SILVER long term to hit ~$205/Oz: The last time TVC:SILVER was at ~$48/Oz, AMEX:AGQ was around $740. Given the level of...
While I was looking back at / patting myself on the back for this positively identified large-scale Cup-and-Handle pattern on CRYPTOCAP:BTC that I called out in Feb '24 I couldn't help but notice another one, on an even larger time scale . I don't make the rules: CRYPTOCAP:BTC to $275k. Not today, not tomorrow or next week, but by the end of the cycle- I...
There's a multi-year cup and handle within the multi-decade cup and handle on $SLV.. Hang on tight gang. AMEX:AGQ is going to the power of AMEX:SLV ref prev:
If silver breaks above its previous highs against the dollar, it could trigger a surge in investor interest, pushing prices even higher. If the WSB / NYSE:GME / NYSE:AMC deigns realize how much open short interest is on Silver, we could see a massive run to new ATHs for Silver per Oz. Pay attention to Derivatives like AMEX:AGQ , which touched close to $800...
Seems like everyone is interested in buying the dip, but it may never come! Are you positioned, anon?
The momentum that we have been seeing is unprecedented, thanks to the ETFs fundamentally changing the game. We aren't anywhere near what will be our highs! Higher
BTC has been trading within an ascending triangle that I have documented elsewhere, and ETH seems to be beginning to copy that same pattern
Bitcoin has been showcasing a remarkable performance, consistently following this strong ascending channel. Over the past week, BTC has closely adhered to this bullish trend line, signaling a potential for substantial gains in the near term, should this trend line continue to hold. Without having been invalidated on anything from the 1h-1w candles, CRYPTOCAP:BTC ...
Given the RSI, $BONK could be overbought and in for a correction down to prior support levels.