MtGoxFX

MtGoxFX

is 60,800 holds then we should see 90k in the coming weeks. Invalidation is failure to hold 60,800 with backtest on the daily.

MtGoxFX

This is all hypothetical, but just wanted to point out the rejection at 347B with support above the 050 at 213B with rounded bottom from 4/22 make one massive CNH. Follow that with a wider view and the peak at 480B in 11/2021 followed by a second peak yet to be printed would make a second possible CNH...if they print. Leaving this as a neutral idea since the...

MtGoxFX

im thinking a lil more to touch that orange TL one more time then we should drop on USDT and get another push up on the markets

MtGoxFX

Obviously an incomplete pattern, but if the plays out here are the levels I will be watching. 1. Fib 1.127 is a historically consistent top for BTC on several TF's. Ending here would have strong confluence and make a bearish harmonic as well as a rising wedge. 2. Once the harm retraces to the 050 target, I would expect to see drop below the R. wedge LTL,...

MtGoxFX

TA looks to be pointing at 92,635 as the next target. Caution! Keep an eye on 74,365 as we pass through it...the LTF consolidation may not be complete in the 63k - 74k range. There is a chance we may bounce in this range a little more. If we fail to make / hold 92k-ish, then look for a strong drop imo. At some point we will probably drop back and retest...

MtGoxFX

BTC seems to have re-checked the ATH and looks like it may be heading toward a tgt of 75,700+ next. From a time-cycle standpoint, we are due for a move.

MtGoxFX

more printing of the same idea = more confluence. looking for a breakout of the upper TL soon. possible dip 2 rip that takes PA below 1.06

MtGoxFX

Looks like BONK may be about ready to walk out of this consolidation

MtGoxFX

consolidation appears almost complete on this flag to $1.91

MtGoxFX

I see a RABW on the H1 for this. I expect the 050 to hold.

MtGoxFX

USDT seems to support the bull trap theory. we'll see how it all plays.

MtGoxFX

If I were the MM, this is what I would do to grab supply, liquidate early shorts, destroy late longs, and make a shit load of profit.

MtGoxFX

DT has formed on BTC, here are some thoughts on the levels lower... 52k has an H4 VPOC. 48,600 - seems like a given to retest this level as it's a weekly level and the last high wick. 44,500-ish - top of the D1 volume shelf and R/S based on wick from 12/5 42k - weekly level, 43k has an H4 VPOC too. 38k-ish - all the way back to the TL from 16k. At some point...

MtGoxFX

Please remember, the megaphone can exit either direction. I think as long as we hold the 618 from the run up we should continue. If we do, next level up for me is 55,555. Major lines and levels are marked, but with the pattern still developing, we are in a waiting patter on the HTF. trading this consolidation pattern while it is forming is higher risk....

MtGoxFX

We should get a level to hold soon. Once Zeta breaks out from the ORG TL, Im looking for a continuation to about 3.85 from the Inverted Scallop pattern. I consider the 618 as my bear/bull for this one.

MtGoxFX

Retest back to ~105 is looking good and starting to bounce on LTF. Im eyeballing a climb to ~145 next to complete the CNH.

MtGoxFX

1. D1 Double bottom from 1/25 has a tgt of ~$3k 2. H4 inv scallop has the same tgt 3. Next weekly level is abt 2976. 4. Upper TL suggests 3000-3100 tgt

MtGoxFX

618 is holding. Just waiting for the breakout from the triangle on the flag. it feels fairly imminent in my opinion.