Avatar
Nine_Minute
4e9e1b3d88402ac15e02793e9a79815327ff0daafaeb130dec4aef36537f6131
Chart Analysis | Not financial advice. Only speculation | 50% of the time, I’m right, every time

Is $70k the top for #Bitcoin ? Not according to its RSI trend line.

In both the 2017 and 2021 bull run, when $BTC failed to get above its RSI trend line, that marked the top for #BTC . Bitcoin is no where close to even being there yet.

$AMC vs #BTC. It’s a possibility AMC is printing a bullish megaphone pattern. It’s one way to interpret it.

#AMC’s RSI is getting squeezed. Watching it to see which direction price action will break to.

What phase of #Wycoff are we in? #AMC compared to #BTC.

$SHIB has been following a trend line, making higher highs and higher lows.

#SHIB is also forming a triangle. Watching it to see to which side it will break to. Keep an eye on it!

$BTC continues to make higher highs and higher lows. Bull run is NOT over.

However, #BTC  flash crash did not mitigate the FVG completely. I expect #Bitcoin  price action to mitigate it at least halfway, then continue its ascent.

$DOGE from 2014-2017, #DOGE from 2018-2021, and DOGE from 2022-2025?

Can #Dogecoin repeat a 4th time? Or is a three-peat the max?

$SHIB 2024 vs $DOGE 2017.

If #SHIB continues to follow #DOGE’s path, there’ll be one more chance to accumulate at a discount, before it goes to the moon.

#Fantom is killing it, up 13% already today, working on its sign of strength phase.

If $FTM is going to continue to follow #Wycoff accumulation, then your last chance to accumulate more at a discount, is at the retest, before #FTM blasts off.

I never really paid much attention to #BitcoinCash until today.

If $BCH has been in Wycoff Accumulation its entire life cycle, it’s possible that #BCH can reach back to its ATH… and maybe even beyond.

Typically in triangles, price action goes the opposite direction of Wave E.

That would mean that #BTC may head downwards soon. However, it’s not a hard rule for triangle patterns.

Take for example, #SMCI. Its triangle pattern would suggest downward price action, but instead, it broke to the upside, after hours. #Bitcoin  #SuperMicro

In previous cycles, whenever #Bitcoin  reached at or near its ATH, $BTC experienced a 15-35% drawdown.

If this happened today, #BTC  could drop to between $40k-$55k. Hopefully, these drawdowns are less volatile overtime.

$BONK 2024 vs $DOGE 2021. Some things are different, and some things are the same.

Just like #DOGE did in 2021, I speculate that #BONK will break its ATH, and go higher… much higher.

Dare I speculate? #Bitcoin  #BTC  $BTC #Elliottwave

In my previous post, 2 weeks ago, I speculated $BTC will reach $60k, mitigating the last weekly FVG.

There are 2 scenarios now: (1) it would be healthy for #Bitcoin ’s price structure to retest previous support, so it can go higher in this cycle; or (2) go above the FVG, retest that, and go up from there. In the 2nd scenario, #BTC  has a chance to lose steam more quickly IMO.

Nearly a week since $STRK started trading, #STRK has been rangebound.

Liquidity has been building below this range, and at some point (doesn’t have to be now), I speculate there’ll be a sweep of liquidity, before aiming to break out of resistance. #Starknet

AOE notice that whenever $BTC moves 5%, $STX moves 20%?

#STX mitigated the last order block. I’m expecting a retest, and off to Valhalla. #Stacks #Blockstacks #Bitcoin  #BTC

#DBG 2024 vs #BTC 2023. We’ve seen this story play out before. #DigiByte #Bitcoin  #Wycoff

$DGB up 25%+ today with a sign of strength. However, it is hitting a resistance level.

I would expect #DGB to retest previous highs, before resuming a bullish uptrend. #DigiByte

Even though it’s only been 10 days since $CKB made its local top, it feels as if it’s been weeks.

#CKB mitigated the FVG, finding its bottom there, and now has made a sign of strength. Good things are coming for the #NervosNetwork