mapes2751

mapes2751 Updated 

This looks like a flat A, B, C correction for BTC. There should be a good point of exit coming up with a micro wave 2 up to around 99-100k before a bigger wave down. If we can break above 100k and then 103k and close the daily it would invalidate this. This should take days to weeks to play out.

mapes2751

This is just for my own entertainment. We have support around 39,500, let's call it 40k. You can see support levels below that drawn up by Lux Algo.

mapes2751 Updated 

Looks like BTC is hitting a rejection off the downward channel / Descending triangle line. If it breaks and moves through the previous all time high, full bullish, but until then, still in a downward trend.

mapes2751 Updated 

This is a fractal from over two months ago. It's pretty crazy how close it's been to what has transpired. I don't necessarily think it's going below 30 some cents, but the fractal definitely indicates a big drop coming. It will be interesting to see it play out. If you look back, it's been very close to predicting movement for the last 2+ months.

mapes2751 Updated 

So if you notice the parallel channels, the bottom of the larger parallel is at 31k to 32k and support from the previous resistance broke up. This lines up well for a drop to refill the gap in this area, but it's also the very bottom of the parallel channel so it lines up well. I don't know how long it's going to take, but it should happen eventually and then up...

mapes2751 Updated 

Just playing around here, but green line is where descending wedge should take us and then to C wave?

mapes2751 Updated 

Was watching some YouTube and noticed MMCRYPTO sees a rising wedge on the 4 hour and definitely there. My concern here is this is the same pattern in reverse that spurred BTC out of that long lull it was in which you can see in my publlished previous ideas. Major support and falling wedge to drive it up, now reversed major resistance and rising wedge. That's...

mapes2751 Updated 

Bullish pennant on daily. You can clearly see the pole and the volume dropping, both indicating a valid bullish pennant. We would need to see volume surge and for it to break to the upside for validation. Here's the thing, It needs to break above the previous high of .68 cents and that's really the bottom line. Also needs to confirm above that resistance on...

mapes2751 Updated 

All credit to jalapablo trading and if you haven't checked him out, please do, he's brilliant. So he published this idea and I can't stop finding this pattern since I've read this idea. It's repeated in the micro again and again and it gives us an idea of where the macro is going. So what you see here is the 15 min, two spots in the recent micro that I'm lining...

mapes2751 Updated 

Looks like we have a W pattern on the 4-hour that should push this up to the red line once it breaks overhead resistance. I'm guessing with wick it could take us to 47-48k with a high-volume push. I expect at some point this is going to correct and drop big. I am not a buyer at this level as it's too risky, but I think likely to break overhead resistance. It's...

mapes2751 Updated 

Cup and handle on daily would need to hold downward trendline in re-test and shoot past neckline for upward validation, but looks good I think. Also falling wedge that just broke. I would expect a retest and further continuation up from here if it holds the broken trendline. Please provide any feedback. I'm new to TA, thanks!

mapes2751 Updated 

This appears to be forming a cup and handle. I put it on the 4 hour to show the support levels on the way up. You could easily zoom out to the daily and see the pattern better. Would have to continue and show a break at the neckline and hold support on chart for validation. Please any comments would be great as I'm new to TA, thanks!

mapes2751 Updated 

So if you notice when the price breaks through that resistance zone in the redlines and moves up, it initially broke through to around the high 41's to 42k (black line) and wicks off quite a bit at that level, see Jan 21. It happened again when trying to get back above going into the new all time high after first pump last bull run see June 21. Both times they...

mapes2751 Updated 

Please see trade for information. Potential cup and handle pattern and breaking downtrend. Would trade after confirmation of the broken downtrend on re-test and for more conservative trade on break of neckline for cup and handle formation. Would love some feedback as I'm new to TA, thanks.

mapes2751 Updated 

At the neckline on an inverse head and shoulder. Looking good with break of neckline!

mapes2751 Updated 

As you can see here, we are in a short term stalemate. You have ADA, SAND, and many others coming off a cup and handle pattern looking ready to explode, but they all are waiting on the ETH/BTC dominance. It looks to be bouncing, but the fight's not over. Either BTC needs to go down or ETH needs to go up or both. If ETH keeps going down from that support, the...

mapes2751 Updated 

New to TA and just trying to figure it all out. Would love some feedback, thanks.

mapes2751 Updated 

Check comments in Trade, thanks. I have Cardano in a short position here pending the break of the neckline down or invalidation of the Head and Shoulders Pattern R.