MatthewDixon

We may have completed the brief upward move on #BTC following the Hidden Bullish Divergence signal.
The move up from that signal is overlapping and therefore likely against the trend and so we should look for further downward movement soon

I am watching #SPX
Looking as though it has a little higher to go to finish the impulse in this cycle.
A higher high on price would likely not be accompanied by a higher RSI and this would give us Regular Bearish Divergence signalling a likely turn lower for $SPX at that time, with #BTC & #Crypto then correlated with the fall

The outlook for #XRP or most #Crypto for that matter, is that we are in a complex corrective phase which will break lower at some point soon BUT we may cut a surprise little spike higher to finalise the correction and shake out any shorts before we head lower.
Next push down should be the final wave in this $XRP cycle before we then head higher as $Crypto summer begins to shine

Decision time now for #LTC
$LTC hit the lower boundary of the channel as expected, so we either break down from here OR one final push to the top of the channel before breakdown

The annual inflation rate in the US accelerated to 3.8% in April 2026, the highest since May 2023.
Just imagine if #Trump had prevailed against FED Chair Powell and slashed interest rates. US would now be suffering #Hyperinflation.
Thankfully some stand up against the imbecilic tyrant that is Trump

We have short term Hidden Bullish Divergence on #BTC so maybe we now get a little upward movement before heading lower again.

#OIL is possibly the most interesting chart im watching at the moment as its a great barometer on the Geopolitical situation which in turn is driving risk asset prices #BTC #Crypto and #indices
Its NOT prompting me into action yet but I am watching to see if the E wave plays out and IF it does, I will be much more interested in looking at shorts for $BTC & #ALTs

#SOL is looking like a completed WXY correction higher with a further impulse down expected soon (UNLESS it morphs into a triangle in which case we get more sideways slightly upward movement before the same downward impulse but just delayed)
This $SOL pattern confirms in my mind that the market has not finished its painful decline YET but following another decline we could get a serious rally imo

Whilst we are in the midst of a choppy wave 4 for #DXY the #Dollar should ultimately break lower in a 5th wave and this would likely be BULLISH #BTC & #Crypto
There is plenty of room for RSI downside and a sharp $Dollar decline could give us the blow off top we are waiting for on risk assets.
Short term though the wave 4 needs to complete first

We MAY have already completed the WXY correction higher for #LTC or we have a little further to go to complete the Y wave. Either way, once the correction is complete $LTC should have a further impulse down before eventually turning to the upside.
This outlook aligns well with the outlook for most #Crypto and risk assets inc. #BTC

Looking for correlated assets to help with the direction of #BTC & #Crypto
#OIL appears to need a leg down to complete the E wave of the pre-terminal Triangle, before higher in its terminal wave.
That would likely mean a last ditch effort higher for $BTC $ALTs before lower in there terminal corrective wave

Right now it looks as though we will get AT LEAST another little push higher as the #BTC move down was in 3 waves (corrective) and is now overlapped with a move higher.
Overall im pleased I took a little profit on the $BTC short side and im now happy to wait and see ......

#BTC is showing short term Hidden Bullish Divergence on the 4hr chart and longer term Bearish Divergence on the Weekly chart.
So short term we have slightly bullish expectations but longer term the Bear Flag should prevail and take $BTC lower

Hidden Bullish Divergence on the 4 hour hints at higher still for #BTC

After a LONG period of consolidation it looks as though #LTC is ready to break lower.
I do not see how this Bear Flag could be seen as constructive.
But, IF we do see lower $LTC and other #Crypto then it should offer some great bargain basement buy opportunities

Looking like the $BTC decline has begun and therefore more likely it was an ABC correction higher.
If so then this will be a painful decline unless you are flat or short the market. Personally im just flat #BTC & #Crypto apart from a couple of long term HODL punts

Im looking at what I think is the final 5th wave of the 5th wave up in the #SPX cycle before a sizeable decline.
The 3rd wave is a satisfying 2.618 X wave 1 and there is Divergence on the larger weekly timeframe.
We need to focus on shorter timeframe to better estimate the top

In the midst of a wave 4 correction within a final C wave down for #XRP
Wave 4 (nice wave 2/4 alternation) should stay above dotted line (wave 1) before going sharply higher for $XRP in potential blow off top later this year.
This should correlate with most of #Crypto #BTC etc.

From the local high of $BTC 82,833 we have 5 waves down which is EITHER wave 1 OR wave A
So the movement down is either just an ABC correction to around the 78k level OR it's the beginning of an impulse down for #BTC which would head much lower.
So either way, at least short term direction is down

#OIL is working through a consolidation triangle since the recent geopolitically driven spike to $OIL 120
Triangles are pre-terminal waves and so this should precede a sharp spike higher to a new high - meaning another nasty surprise to come which would hammer #BTC & #Crypto