Our head and shoulders pattern is completed. Buy here. Buy now. Don't say I didn't tell you. This happened once before and people thought I was crazy: Happy trading friends.
Our October of 2020 trendline is still intact. We hit that and bounced hard. On this 4 hour chart, you can see we're currently resting on our trendline from Feb. of this year. I think between these two trendlines providing enormous support and the fact that we have been ranging between 50k and 60k since Feb., BTC has never looked more bullish to me. For several...
While the markets are looking long overdue for a pullback, the dollar, in direct contradiction (as it should be!) looks to be ready to move up (strengthen). A potential reverse Head and Shoulders (H&S) pattern appears like it could be forming on the daily. This coincides with the theory and timeframe of my prediction regarding The Fed's upcoming meeting in June,...
Hi friends, The Head and Shoulders pattern on our Bitcoin dominance chart is completed. Down target has been reached perfectly! I mean, to the penny as of this writing. Could the pattern continue? Yes. Is it likely? Meh. At this point, I am banking that Bitcoin makes a bit of a comeback. If I had to guess, I would say that Bitcoin is going to its last most recent...
I know, I know. I haven't always gotten it right. But, by and large, my understanding of technical analysis has helped me to net gobs of profit. Here's an example of my most recent trading activity on OXTUSD (which I still believe will hit $1.25+ before this year is over). Notice how my first trade noted on the chart was a stop out. Always, always, always put...
A simple chart here folks. Obviously, most of you technical traders are probably already aware of this ominous ascending wedge that the market has been working on and working inside since March of 2020, the apex of 'Rona lockdown fears. Since that time the Fed has really done absolutely nothing to help the U.S. dollar. Now, this was a known campaign message...
Greetings Traders, I have patiently been waiting for this pattern to play out. It has now been confirmed. THE REAL ALTCOIN SEASON HAD BEGUN! One word of warning though, don't be greedy. I do believe that this altcoin season will be quick, maybe less than 2 weeks? I expect most coins to pump and 2x their price from current levels. So, after your coin of choice...
Morning Traders, You can see in my "Link to Related Ideas" section below that I have been tracking OXTUSD for some time now. OXT moves fast! Probably, faster than many other ALTS (at least on Coinbase) and that is simply because it is one of the ALTS with the least amount of market cap, though that has been changing over the last few months. There is now a...
Hi guys. A few months ago I posted the following idea which made a case for OXT reaching $1.25 on or before April 15th. You can view that idea here: This chart really is just adding to that original idea. It's a noisy chart, I know. I failed to clean it up before posting only because I wanted to keep all of the indicators in place for my own information. So,...
Longer term (weeks - 2 mos) I am bullish. Shorter term (days - weeks) I am bearish. Previous triangle pattern was annulled. Only one target hit. See link below under "Related Ideas" BTC and ETH (our leaders) show further descent possibilities on their charts. Altcoins will exaggerate this price action. I see many ALTS, if not most, touching the 200 day...
Short post here just as a word of warning. I feel that there is far too much bullish sentiment at this point. Long term, I also am a bull. However, shorter term, it is still possible we could retract further. Many traders are over-leveraged without sufficient cause. Yes, we could pop and break above the downtrend we are in. This is certainly a very real...
***Repost: Last one got censored due to my Telegram channel linking. Sorry. Didn't know.*** Short term bearish signs all over... ...but people are so bullish , they can't see them. Here's my previous post with some of those indicators: I have just discovered another bearish short term signal! We should pay close attention to this. People continued with...
Ascending wedge is at least reason to be cautious here traders. Futures are shorting at 50k. If it gets past that price they are in trouble. They will fight to stay below this level. A healthy correction is needed anyways. We are over-extended. Personally, I will lose confidence if we continue up without some sort of correction here. Shooting star candle...
Is OXTUSD only halfway to the moon? Hello traders. I have reason to believe that OXTUSD could touch the $1.20-$1.32 mark within one month, maybe weeks? Here is my case briefly bulleted. I'll allow you to decide whether any of this makes sense or not and can add confirmation: Preface. Interesting Data. Potential Fractals: - On Coinbase, OXT hit and...
TLDR: Previous post showed our CUP AND HANDLE pattern with target @49 cents. However, OXT does not appear to be finished. Bull flag formation presently occurring. New target = .56 cents. Hello traders. If you've been following my posts on this ALT and have been trading along with me, then you've done well. I congratulate you on your success. Though I took...
Very simple chart showing a perfect setup. Long Time downward sloping trendline has been broken Long Term Cup and Handle pattern nearing completion. Depth of Cup shows target price These opportunities don't show themselves often, I can't sit this one out.
Swing trade alert here. Time frame = 4-6 weeks. You can see a perfect Cup and Handle pattern is almost complete. The RED line measures the depth of the CUP. Clone that and estimate our exit from the handle and we'll come up with a fairly accurate target. I will post a picture of this in the comments section. Again, this is not a fast trade. Give it at least 4...
MOON! 50 Cents = Target #1 Random targets thereafter. At $1.00, if you are still in, huge congrats to you! Sooner or later the ALTS will shine. Happy trading friends!
