Bounced each time for consequent gains around 3.75, so I expect the same now placed a SL a bit wide, a good fuel could be the 2.0 update of Polkadot but didn hear any news about it to be honest In the other hand, lower would means I'll quit this asset for a mid/long term hehe, Cheers
Low timeframe so can be invalid very quick I think you can expect the same Pump & Dump move on Sunday ... but in the invert way Dump came from news and now expect a second wave, then if we can just go back above 86k6 it would kinda confirm this bringing us hopefully to "normality" Cheers
x3 on this one Open : 0.8 SL : 0.599 TP1 : 1.5 // 10 to 100% (depends on the date we hit it) TP2 : 3.2 // 25% to 100% (depends on the date we hit it) TP3 : 5 // 50 to 100% (depends on the date we hit it) Note the similarity between, 16 feb 2024 and 2025 setup
- daily 200 MA - lower trendline of the broadening wedge - 5750 is 0.382 fib from 5 aug 2024 to 19 feb 2025 you can expect a bounce around 5750 that could lead to new ATH around mid april/may if close daily below the trendline maybe hard times ? lets follow the arrows Confidence 5/10 as i'm not trading stocks
- Simple support channel trendline from sep 2023 and aug 2024 - daily rsi oversold like crazy - 81k3 : 1 fib extension from low 2018 to high 2021 and low 2022 - 79204 : 0.5 fib retracement from low aug 2024 to ATH - bullish div on lower timeframes Those are strong bullish supports from high timeframes watch out for another try from bears like 11 sep 2023 or 6...
Violet bars pattern is move from 4 years ago as you can see its copying it right in term of time and price action, not exactly in term of price but proportionnal those blue trendlines converging to the same point indicate btc.d might have made a local top all of these above indicate that we are picking and alt season will start, with a big acceleration in 2...
Very simple trade idea ? my average is around 4.5 and will leave next month probably for now at very good support (0.236 fib + previous high) can go more down to test that black trendline for example but at the end the target is 6.5 in a few days/weeks stop loss depends if btc goes under 95.8 cheers
This post is just a correction from a post I made last month I missed on identifying correctly the pattern because I thought the middle of the channel would act as a strong support ended up being wrong on the timing of the next wave up - not a big deal tho I also profit of this moment to update the fractal path that's BTC is doing, as you can see the asset is...
While its not necessary obvious to guess next move on BTC, some alts like ADA can help a lot ADA made a rebound on the weekly 200MA on the 20th of December, that mark was also a support from the previous high made in feb 2024 and another support on feb 2022 as we are talking with big timeframes, chances for the asset to go under 20th December lows are very...
While I'm not an hyper fan of H&S pattern but this one forming is already so beautiful that I want it to happens to illustrate my futures arguments, saw a lot of ppl talk about h&s pattern the past days on BTC, the leg would have started on November and bring us to 80k, something like this. Not a pro but I learnt that the pattern has to be kinda well drawn to be...
I followed too blindly this fractal that went almost perfect but was waiting 120k to take partial profits and missed a 30% opportunity, I'll know take profits more often by moving from risky alts to BTC or other assets resistant to drawdown the middle line of the channel BTC is evolving seems to support very well and I'm gonna assume the correction is already...
noticed this this morning maybe there is a very simple explication, feel free to share it, I'm not a pro charter so I'll not be able to put the pic of ETH/BTC directly on the chart but here is it timeframes are different but there remains proportionals it's a pattern that consists in : - a vertical move (early 2024 for FET, early 2016 for ETH) - a distribution...
Don't put to much credit on this one because even me I'm not believe my eyes but this is the reason why I'm not taking profit yet 13 november 2024 is 25 October 2023 - Fibs extensions fit super well with this path, - it's another confirmation for the green path I drew a month ago - 97K for the next coming 10 days is very likely to me - 120K for 25 december...
Since a couple of months I'm just copy pasting chart from what happened the year before, I updated and deleted the red path from my post here : and added the blue path that BTC seems to follow nicely btw its same energy than last year : overbought on RSI but we dont give a fk and we go higher that blue path says that we can touch 100K before EOY, nice no ?...
I think BTC needs to hit 100k before alts need to go up, probably will in 2 weeks or 1 month and a half (I get this forecast from a past post) as my last ideas with BTC pairs, doesn't mean ETH is gonna go down. So yeah probably needs to test that 0.786 at ~0,032 before a nice rebound, and probably this is what gonna happen if BTC hit 100K. That would make ETH at...
The chart is in 3H cause couldn't zoom out more with lower timeframes :(( Pattern recognition at its best since the low of the 10 October, the price action is an extremely exact copy paste of march/April ATH : - A significant top, ATH for the first pattern and 3 months high for last week - first take profits, to 200MA 4H for the first pattern, to 100 MA 4H, 4...
GOLD & BITCOIN OUTLOOK for the ppl saying that TVC:GOLD is outperforming CRYPTOCAP:BTC Well... not really as you can see at a relatively big timeframe on this XAU/BTC chart what is happening now ? well XAU had a rebound mid March, making a +66% pullback, it seems a lot but as you can see during august 2020 it felt 85% ! 1. made it to the previous...
ADA/BTC went under a 6 months bottom trendline channel this week I think its making a spring/fake out so basically : if ADA/BTC manage to get back above this trendline, at ~550 there will be a possibility for the pair to go x10, meaning that ADA/USD could go at least x20 for this bull run if it can't go back above this trendline, I will slowly quit ADA to go...