Cjbeneneet

vip
Age 2.3 Year
Peak Tier 0
No content yet
Forgot to post this earlier. Flyby $ANSEM update. Looks like the tables have turned already. Double bottom into a shaded squeeze and then notice the Daily bouncing off the track line.
post-image
post-image
  • Reward
  • Comment
  • Repost
  • Share
ethereum:native looking good here too. Notice the quick push over the neckline of this double bottom as it retakes the 50DMA. Then you've got the bull div on the , consecutive green dots over the track line, yada yada. Relief incoming, but how long is the question. FWIW, there's a chance it confirms this reversal candle on the Weekly, but in a bear market, sometimes these bullish setups fail at the first sign of weakness.
ETH-0.67%
post-image
post-image
  • Reward
  • 1
  • 1
  • Share
GateUser-54770071:
Well done for the analysis, thank you.
$LTC with a confirmed bottom and also this structural double bottom playing out, similar to others out there. Bullish divergence on the Phantom and a shaded squeeze with green dots, as well as testing the track line and the 50DMA. Lots of signals showing possible relief in the mid-term -- just slow-going getting there.
LTC-1.32%
post-image
  • Reward
  • 1
  • Repost
  • Share
RememberMe:
follow me
Market looks like we may get some temporary relief around the corner. Lots of double bottom structures such as $BTC $ETH $SOL $LTC etc. Keep in mind that we're still inside a HTF downtrend so you have to expect any relief to be shorter in duration until we finally get the Weekly and Monthly timeframes back in an uptrend.
BTC-1.08%
ETH-0.67%
SOL0.24%
LTC-1.32%
  • Reward
  • Comment
  • Repost
  • Share
$BTC is moving back towards the track line on the Daily, but curious to see how this plays out over the coming days. Look at where it's sitting on the Weekly -- it's right on top of the 200WMA. Still in a bearish posture atm.
BTC-1.08%
post-image
post-image
  • Reward
  • 1
  • Repost
  • Share
YaqubSY:
I always see BTC as an opportunity
$ANSEM
I see this popping up in my feed more and more.
Not a lot of historical data so the track line positioning and the MAs should become clearer as time goes on, but we've got enough to see short-term PA.
The Daily had a reversal confirm; hence why it pulled back down. The 4HR is holding just above the track line and the 50EMA so we look to LTFs for clues. The Hourly is where all the juicy details reside. Looks like it's attempting to bottom out again from this pullback with several local bottoms printing. Matter of fact, the last local bottom there confirmed and now we're retesting the
post-image
post-image
post-image
  • Reward
  • Comment
  • Repost
  • Share
GM to all the humpday-ers 🫡
  • Reward
  • Comment
  • Repost
  • Share
$ZEC sitting right at the track line with a new shaded squeeze on the Daily. Stuck in-between the 50D and the 200D MAs. Looking at LTFs, I would lean towards a retest of the 50DMA first -- at minimum. Beyond that, it's just a matter if it continues to bounce between the two MAs again for a bit longer, or decides to finally break free and push above.
ZEC-0.60%
post-image
  • Reward
  • 1
  • Repost
  • Share
amiboy:
hi
$amp
Getting closer.. Notice the candles still holding within on the Daily. All I'm saying is to watch for a ping-pong inside this tiny structure, at least until there's either a) no more room to contain it, or b) the market makes a move and alts get moved along with it. Outside of that.. nothing new.
AMP-1.27%
post-image
  • Reward
  • Comment
  • Repost
  • Share
$ETH
Looks like we've got a shaded squeeze on the 4HR for ETH right on top of the track line. Notice that hammer candle sitting on it? More than likely, an uplift is coming unless we get another round of crap news.
Also, some more confluence here: the Daily looks like it may want to breakout soon and capture the momentum of this double bottom. Now, testing the 50DMA with green dots, but we're still not there yet. The Phantom also needs to flip positive. Regardless, LTFs first, then watch HTFs.
ETH-0.67%
post-image
post-image
  • Reward
  • 2
  • Repost
  • Share
GateUser-93f0f892:
The bull market is at its peak 🐂
View More
GM ladies n gents 🤙
Happy 4th to one and all! 🎇🎆🎇
🇺🇸 🫡
  • Reward
  • Comment
  • Repost
  • Share
$BTC may have a chance to confirm this bottom on the Daily, similar to what ETH did. First candle did not take, but this second one behind it might. If it does, then I'd expect minor relief towards ~$65k. Outside of that, I am still watching HTFs like the Monthly to see how this summer finishes out.
BTC-1.08%
ETH-0.67%
post-image
post-image
  • Reward
  • Comment
  • Repost
  • Share
$ZEC with a confirmed bottom on the Daily, and now playing off of that confirmation by pushing towards the track line with a green dot. Looks like it held the 200DMA (barely). I wouldn't get too excited just yet due to the Weekly and above still in progress with its confirmation or invalidation of the previous bearish signals over the last few months (esp the Monthly).
All in all, the Monthly still has bullish momentum (green dots). We are just waiting for invalidation at this point, which we may not get a whiff of until the end of the month.
ZEC-0.60%
post-image
post-image
  • Reward
  • 1
  • Repost
  • Share
VitBand:
I don't know if this bottom is confirmed or not confirmed yet, but I think we need to wait a little to get a clear picture.
GM fam
Looks like $ETH is trying to hold the line here on HTFs. Just barely holding the previous lows thus far. Interesting enough, there's actually a possible squeeze fakeout on this week's candle. Breakdown arrow and directly into a bullish reversal and hidden bull div. As always, we have to wait and see if this sticks. Any confirmation of this would be a good sign; and on the flipside, any breakdown below these lows would be a sign of continued weakness and opens the door for us to approach the bottom of this larger structure.
ETH-0.67%
post-image
post-image
  • Reward
  • Comment
  • Repost
  • Share
$ANVL appears to be inside this downward channel. Bull div just printed on the Daily, but it doesn't look like the reversal itself stuck the landing yet. Monitoring from here.
post-image
  • Reward
  • Comment
  • Repost
  • Share
$BTC
All eyes on this Monthly chart imo. Few things:
- need to watch for a possible reversal after the breakdown from last month (red volume arrow/candle that switches to a bullish reversal by the end of July)
- see if the 50M MA holds for support
- watch the Phantom indicator to see if it tries to flip bearish/negative, or on the other side, rebound back to a positive Phantom
BTC-1.08%
post-image
  • Reward
  • Comment
  • Repost
  • Share
ethereum:0xff20817765cb7f73d4bde2e66e067e58d11095c2
Looks like we'll have a new trend forced into play in the coming weeks ahead. This smaller descending wedge is nearing its end. That does *not* mean that all of a sudden this will catapult to Valhalla; it just means that it'll have to move either above or below this area and will most likely start a new channel/trend. 50DMA is not far above, nor is the track line on the Daily. One thing to note though is this new B/R combo printing. It hasn't stuck quite yet, but something to watch, especially if it's a precursor to the trend shift in the co
ETH-0.67%
post-image
  • Reward
  • Comment
  • Repost
  • Share
bitcoin:native
Weekly has obviously broken down, beneath the most recent lows at ~$60k. Now, here's what we're left with:
Now that we've lost this support, it opens the door to a possible breakdown toward some of these lower targets within this megaphone structure. ~$54k, ~$49k, and ~$41k -- all of these are on the table for now. I'd expect *somewhere* between the blue rectangle for a bounce/recovery area.
Secondly, I wanted to show you the Monthly too. Why? Because we finally have the breakdown arrow/candle that we've been waiting for inside this huge shaded squeeze for months. In addition,
BTC-1.08%
post-image
post-image
  • Reward
  • 2
  • Repost
  • Share
GateUser-c87f0419:
no one knows when it will rise and when it will fall.
View More
GM fam
I see somebody brought down the markets a bit more.
I'm back in action guys, just need some time to catch back up. Chart updates coming back asap, and any requests, please let me know ahead of time. Later 👊
  • Reward
  • Comment
  • Repost
  • Share
  • Pinned