ETH currently in a descending wedge since August 2022. It has respected both support and resistance several times. Playing out a possible ABC correction, now in wave 3 (5) of wave B to the upside, the upper resistance will be tested again. Look for a breakout above this to a possible 1800 target, then a FULL blown retracement in the final larger wave C to the...
Massive head and shoulders to play out, leading COINBASE:BTCUSD to retrace to the 3.382 FIB level or 12471.
Bitcoin continues to hold its own against an ever-soaring USD. Here are my thoughts on finishing wave 5 of the more significant correction. COINBASE:BTCUSD TVC:DXY CRYPTOCAP:BTC.D
COINBASE:ADAUSD Fighting the good fight with CRYPTOCAP:BTC.D Let's face it, it's MAXI SEASON and as if the headwinds of the macro backdrop wasn't enough, BTC.D continues to gain precious real estate. TVC:DXY continues strengthening Adjusted wave 2 accordingly with the most recent dead cat bounce. Pay close attention to these events this week as they have...
BITSTAMP:BTCUSD Current projections on the path to the 200 WMA (~ 22K )
Daily Macro Update Below: Cardano and the Market CRYPTOCAP:BTC.D Headwinds to take into consideration BEFORE investing in what they identify as risk on assets: 06/03 - (Updated Macro View) JOBS REPORT - Est 325K / Actual 390,000 Continued USD Dominance! - TVC:DXY - (102.18) Upward momentum since 07/2021 (from 89.47 - 103.57) OIL -...
Cardano enjoys a sweet dead cat bounce before moving further down finishing wave 5 (.30-.10) before moving upward towards ATH. Headwinds to take into consideration BEFORE investing in what they identify as risk on investments: Jamie Dimon's Hurricane Comment: www.cnbc.com (People should take not coming from Jamie, potential significant heads up) Latest ISM...
Not getting caught up in this dead cat bounce...overall trending holding and looking for a price target at .18 cents for an all-in bottom for Cardano...following BTC's lead to test 200 WMA before heading for ATH.