ich1baN

ich1baN

BTC on the daily is turning more bullish with the Daily MACDs not pointing to continued upside. BTC is currently printing a "W" pattern which is bullish and if it breaks out the upside price target is $47k. BTC already has formed a Left Shoulder and a Head and needs to now form a right shoulder and the breakout price target is $78k

ich1baN

MACDs have just turned bullish on BTC and will give momentum to BTC over coming days as the next Fib Extension target is $44k then $52k on the 1.618. Hourly and 4H EMA ribbons are Bullish - Next up will be the Daily EMAs to turn bullish.

ich1baN Updated 

In the previous livestream I uploaded earlier today, I spoke about how if DOT closed above $23 on a Daily TF that it would be bullish for future price action - the reason being is that we had a higher TF daily close on February 8th at the $23 level. We are trading inside the Golden Pocket currently and will have a bullish cross in the daily MACDs in the next 24...

ich1baN Updated 

DOT: Looking very bullish after establishing the higher low and breaking out of the downtrend line currently - look for the retest into the purple box zone to ladder your big buys if you haven't bought into DOT yet DOT is launching parachains any day and when it does EVERYONE will be talking about it. DOT feels eerily similar to ETH when ETH was trading at $20...

ich1baN Updated 

Just posting what I see in the charts - there's currently bullish divergence on the 1H in bitcoin. When things seem their weakest, it's typically a sign of strength and when things seem their strongest, it's typically a sign of weakness.

ich1baN Updated 

DOT has some clear hidden bullish divergence on the RSI. Notice the higher low on the Daily candles and trading inside the Golden Pocket suggest some major upside is about to occur in DOT. DOT is currently trading inside the 0.5 and 0.618 Fib Retracement (Golden Pocket) and is the perfect time to start accumulating. The Technicals on the hourly are also strong...

ich1baN Updated 

PolkaDot is launching their vaunted and long-awaited parachain on Kusama (KSM) any day and literally 1 hour ago on the Kusama Reddit page , the Kusama dev team released an update showing great progress further confirming Gavin Wood's previous estimated launch date of parachains when he wrote in a May 17th Medium post that they were mere "days" away from full...

ich1baN Updated 

Biden Unveils $6 Trillion Budget That Will Raise Federal Spending To Highest Post-WW2 Level US stock futures soared Thursday morning as President Biden unveiled his first federal budget, which calls for the government to spend $6 trillion in the 2022 fiscal year, with total annual spending set to increase to $8.2 trillion by 2031. Stocks initially kneejerked...

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Fidelity Raises $100M from Investors In August 2020, the Fidelity-backed Wise Origin Bitcoin Index Fund I went public, providing a means for the Boston-based asset management giant's clientele to gain exposure to bitcoin. Roughly nine months later, the passively-managed fund has raised approximately $102 million from investors, a filing with the Securities and...

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This isn't an ordinary Inverse H&S... one has to uncover hidden gems in order to reap the reward. One of the MOST successful Inverse H&S patterns to trade is when it's in an Inverse H&S on lower timeframes but the current price is testing a Higher TF daily support. In this case BTC is retesting daily support all the way back in Feb. 6th.... this has a much...

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If a confirmed bounce occurs here - BTC is off to the races of $49k

ich1baN Updated 

DOT's short-term MA indicators on 1H timeframe using the SMA20, SMA34, and SMA55 have for the first time turned bullish since May 19th when the selloff began - DOT is also printing outside of the descending wedge pattern which is bullish and additionally testing the Inverse H&S pattern it has been printing for last few days since selloff. The descending wedge...

ich1baN Updated 

If confirmed the upside breakout PT will be $49k, currently near neckline now. Nearly all major coins are printing this same pattern on 1H candles atm. This pattern typically plays out after a selloff as well. Here's the technical definition: The inverse head and shoulders pattern begins with a downtrend. This is the extended move down that eventually leads to...

ich1baN Updated 

Could play out this way - DOT is currently in a descending wedge which is a reversal pattern and on the 1H timeframe is inside an Inverse H&S - which combined with the descending wedge means we should rise back to the previous local highs if everything plays out accordingly. TP1 $53

ich1baN Updated 

Dalio Announces He Would Rather Own BTC than a Bond www.moneycontrol.com American billionaire and world's top fund manager Ray Dalio backed Bitcoin over the dollar, which he said was on the verge of devaluing on a level last seen in 1971. Dalio, the co-chief investment officer of the world's largest hedge fund, Bridgewater Associates, told Coindesk in an...

ich1baN

DOT is currently in an inverse H&S pattern and if breakout is confirmed , the short-term target would be $35.

ich1baN Updated 

BTC's entire history channel path reveals some very interesting details when looking further into the chart. First - notice that we are retesting the very heartline of the entire channel - a necessary retracement condition to continue the bullrun. In the 2017 Bullrun we tested the heartline in Sept. in a very similar fashion - a large dump and then a recovery...

ich1baN

COMP is just doing a simple retracement and it made it all the way to the 100% retracement zone. Now we can expect an impulse higher with BTC stabilizing. Next PTs for COMP using the 4 hour swing low and swing high points are as follows. PT1: $622 PT2: $728 Will follow a trajectory similar to the orange line I posted. Once we take these two price targets by...