The LSE:ONDO chart looks really bullish, but I think there's a possibility of a short term pullback to one of the two lower support levels before we see new highs. Let's see how it plays out.
While Ethereum looks bullish over the longer term, price would need to break above the two lines of resistance for the chart to stay bullish. If price rejects here, we risk a double top which would send price back to the low $2000s. I'm leaning towards a rejection as the base case here as sentiment is pretty extreme to the bullish side. Let's see what happens...
NYSE:AMP has been in a downtrend and consolidating for a long time and looks like it's set to finally break out. Once we see a breakout of that first resistance, clear skies ahead to the final resistance at the top.
My thesis for this next move higher is that Solana coins are done and Ethereum coins are in. Because of that, I think SEED_DONKEYDAN_MARKET_CAP:BONK sees one more exit pump and then CRYPTOCAP:SHIB becomes the memecoin for this cycle (Ethereum based). I think there's a possibility of one more retest of the lower support before the move higher starts, but once...
I think Defi on Ethereum is about to have a comeback. As you can see from the chart, we're about to break out of a long-term downtrend. If we break above the trendline, price should skyrocket higher. Think we're likely to see price move up to the $437 resistance level and possibly higher than that. Let's see what happens when price breaks up above the blue line.
LSE:SYN looks ready to blast off. Above $1.76 or so and we should see new highs. Don't have much else to say other than this chart looks great.
Ethereum coins starting to look good. Even though this coin has no use case and no value, it's likely to have a massive run higher. I think after the June 10th pivot, we start the run higher. Should make it all the way up to the top resistance. Let's see how it plays out.
NYSE:SNX looks like it's about to make a big move higher. Price broke out from the bottom, tested $4.73 multiple times and now has retested the breakout level as support. It looks set to move higher here. Should price break above the $4.73 level, there's pretty clear skies until $13. If price can break over that $13 resistance, then the next level higher would...
The COINBASE:TRBUSD chart looks like one of the best charts out there at the moment, but I still think there's a bit more downside ahead before a big run. I think Tellor has one last leg down to $28.60 or $35 supports, then I think we'll see a big surge higher in the coming weeks back up to retest the highs in the $300 range (which would be a 10x move). I...
The chart for the last range played out already, so now creating a new chart to focus on price action over the coming month or two. We ended up tagging the $58.2k support on the bottom of the range and have since bounced higher. I think it's likely that price action will continue up until the $66k resistance. If price can't break above that level, then I think...
NASDAQ:META had a negative reaction to earnings yesterday. I was originally thinking that MSFT's earning reaction would be positive but as I look at the chart and options flows, I'm starting to think we're going to see a negative reaction. I think most likely outcome is that we drop from here to around the $370 level, if that level can hold there's potential...
Not of fan of the CEO, the stock, or the company, but I like to take a trade when I see a good setup. This one is definitely on the riskier side as earnings made this one decline right back to support yesterday. On low timeframes though, price is at the ichimoku support, if price can bounce from this level here, I think there's potential that it could setup a...
I know everyone is bullish crypto, but the NASDAQ:COIN chart doesn't look that hot. You can see that price moved up over the trend line, formed a small timeframe head and shoulders, broke down, and now has retested the trend line today. I bought some puts before market close. Before we move higher, I'd expect price to come down to touch the lower support...
NASDAQ:AAPL is starting to look like a really great short opportunity. As you can see from the chart, the bullish trend that started in 2020, broke down in 2022 and hasn't been able to confirm support above it. We confirmed resistance on that trend line in August and now looks like we're going back to test it one more time. I'd imagine this time, it won't break...
If you've been following me for a while, you know that I've been warning of a crash for some period of time, and now I think we're within weeks of that playing out. I've largely been bullish for the past year, with periods where I thought things might fall, but now all of my upside targets for BTC have been hit (minus GETTEX:54K which is still possible) and...
CRYPTOCAP:BTC has formed a rising wedge that it broke down from. What would make the most sense to me here is for BTC to test the top of the rising wedge to confirm resistance and then to break down to the lower support levels between $58k-60k. After that I think we'll then go up to test the top of the range between $76k-78k (which I believe will be the final...
I know a lot of people were following the NASDAQ:HUT idea, so I thought I'd give an update here. Most people are convinced the miners are heading higher here. I do agree, but I don't think the trade will be as easy as longing this move. With a rejection of this level, it sets up a move down to the lower support level around $5.59-$6.33. Once that level gets...
I know everyone is bullish BTC and miners here, but the charts still don't look great even after the bounce. I think what's most likely from here is that we sweep the lows before getting a sustained trend higher. We're rejecting off resistance here at $12. I think this is likely to lead to a strong move to the downside. We have a ton of gaps to fill from the...