tedwardd

tedwardd Updated 

Since July we've been in a roughly three month cycle following a trend line that, if repeated a third time, should put $80k-$90k in play by the second half of January. Some key points to watch for have been indicated on the chart. First will be a break through and re-test of the psychological $60k level. Once through that, we will need to break the ATH and re-test...

tedwardd Updated 

WAXP appears to be forming a cup and handle pattern on the daily charts. Expecting to see a continued depression in trade volume as price gradually drifts down between $0.50-0.60. I'll begin looking for an entry around the RSI mid-line as I expect we'll see a bounce at that point unless RSI falls straight through the mid-line. The trade would be an entry between...

tedwardd Updated 

I'll be the first person to call myself a Bitcoin bull. I have been daily cost averaging Bitcoin as an investment for a while now, but I am also realistic about the asset and know that no amount of hopium can make what I want happen unless the market wills it to be so. So, with that preface, I give you my projection for the next year. As with all long timeframe...

tedwardd Updated 

BTC/USDT recently formed a head an inverse shoulders after a huge bounce off of the $30k support line which was last seen all the way back in January 2021. The inverse HaS pattern was confirmed yesterday with a close above the neckline and a retest on the 4H charts. This puts us nicely in an ascending channel with our retest happening right at the intersection of...

tedwardd Updated 

BTC/USDT has fallen below the 200MA on the 1H chart and a sharp triggering a massive sell off which looks like it is likely to continue down to previous support levels at $50,500. Expect a 15% drop over the next 24 hours.

tedwardd Updated 

If 1H 20MA gets rejected by the 1H 200MA over the next few hours, expect to see a price rally of anywhere from 30-60% over the next 24 to 48 hours. This is supported by the current bull market trend of DOGE as well as recent support and resistance lines over the last several days.