36.25 is a key level to watch on a weekly closing basis. Multiple weekly closes above this will signal a high probability markup campaign. Long here, stop on weekly close below this high for the accumulation range
We have 3 and a half months of distribution volume above. If bitcoin can break this range to the upside in the next few trading weeks the macro trend can remain bullish. Failure to make a new break this range will likely form a left translated daily cycle bringing us back to it's 60-70k accumulation range.
Targeting November futures gap. Will flip bullish if reclaim and cross of 9/21D MA.
Currently as it stands bitcoin's 4th cycle printed right translation (after Nov '25), market participants now are looking for where the top is going to be year 3 of the cycle. Based off of previous cycles we'd look for a November of 2026, 4 year cycle low. The main scenarios currently being considered 1. March local top, consolidation until October blow off 2....
I believe that 100k will be an important support/resistance point all the way until Nov '26. For the short term I think we will test 100k today. If we breakout I strongly believe that 100k will be support for the next retracement. If we reject, we should go back to the 88k flag to grab that liquidity before attempting 100k again.
NYSE:SNOW has been in a secular bear trend since the beginning of the 2022 bear market. Notable countertrend rallies have lasted ~14 weeks. We're on week 3, expecting more upside with possibly changing the macro trend here.
NASDAQ:HOOD was a great set up earlier this year. 2 year consolidation range with multiple failed breakouts. NASDAQ:RKLB looks like it may be looking to do the same breakout. The fractal drawn is NASDAQ:HOOD , same drop from IPO, same trough of disillusionment. Long at $4.90, will add on a retest of the downward resistance at $4.70.
NASDAQ:HOOD has been in a bull trend since June of 2022, and its price action has also been decently straight forward. Notes about NASDAQ:HOOD 's price action - 1. Hood's cycle lengths from low to low, in this daily chart are not uniform. 2. However the trends in between the swing lows and highs are secular. 3. Hood has been forming base lows instead of V...
As of writing this ETHBTC is trading at .4508 Current arena - Ethereum was once the future of finance, however other sybil friendly VC chains have front ran it on crypto's greatest value proposition of creating rug pulls with dogs on them. Technicals - On a monthly timeframe ETHBTC has just completed it's first death cross . And has dumped front running this...
Close above 5.29 and we can be looking at a replay of 2020 with the next target ~14
Cycles repeat. In my opinion we're going much much higher. However, I've learned from last cycle. If your crypto is a large percent of your net worth practice DCAing out. I sold 1% of my crypto portfolio today to get myself in the mindset for the last leg of the cycle. If this trend repeats we could be seeing 100k very soon. Slowly take profits along the way and...
I had this 265 day cycle charted since June was speculating if it would play out. Everything is in full send Euphoria mode so I think we get at least a reclaim of the ATH from here.
**NOT CALLING FOR A CRASH** This is the era of fiscal stimulus and QE. Found this interesting that testing 6000 in the next few months would be the 3rd touch 1. Roaring twenties 2. Tech bubble 3. Now Could serve as intermediate term resistance, with a reaccumulation period. The top channel will be ~8000 in 2030
Seeing this midwit trap assuming we need to crash right now because of the rate cuts. If we can hold the current trendline I'm expecting ~80k for this short term move and then we can figure out the macro for the 3rd year of the 4 year cycle.
First what are the narratives? 1. Strategic bitcoin reserve 2. ETH etf 3. US flipping from hostile to friendly on crypto 4. Liquidity cycle 5. Rate cuts (yes i know actually bearish) With all of the positive narratives out in crypto price has barely moved out of its consolidation range. I truly think ask liquidity is strong enough to quench any narrative that...
We're near a Bitcoin 60 day cycle low, ETH ETF sentiment has not been priced in. I rather bet we hold bitcoin's consolidation range than break down from here. Jul 19 215C
AMD has been a laggard in the semiconductor space. However, since the bear market low it's been in a clear bull trend despite being outshined by NVDA. It's discernible that AMD may have some cyclicality in its price action. For the first 256 trading days from the 2022 low AMD found a high on day 161 and went into a bear trend until day 256. We are currently on...
I'm more confident that bitcoin will continue to be strong for the next 60 day cycle. It's interesting to see the NASDAQ:CLSK price action and indicators repeating from last cycle. It's currently floating above the Komu cloud after a multi month consolidation The Bollinger bands have contracted after an extreme Bollinger band breakout (not shown for...