17 Nov 2023, 20:05 UTC277 views1 reactionsread 10 August 2026 Photo
Updated view on the eur/usd chart.
The chart broke local highs invalidating old levels to watch for.
Prices did end up making lower lows and we are back up at local resistance, as well as our macro resistance line, marked with the dotted red line.
I'll be looking for a rejection here.
1.064 was invalidated as our trend reversal level with the break of highs.
Basically the same set up, local highs at 1.128 invali…
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14 Nov 2023, 19:03 UTC242 views2 reactionsread 10 August 2026 The DXY rejected before filling the gap at 106.
Currently trading at 104.
Money is cycling back into traditional markets/ people are chasing profits away from the crypto space.
That money will cycle back back into cryptos in my opinion it's just a matter of where you want to start scaling in.
If the Adam and eve top pattern is valid we should be looking for a 33.8k target for lows if 35.2k doesn't hold as support…
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11 Nov 2023, 22:22 UTC217 views2 reactionsread 10 August 2026 Photo
Another chart I'll be tracking is the us02y/us10y.
For comparison bitcoins top formation in 2021.
On the chart I've marked 1% as that is the inversion point, markets can and mostly likely will continue to push higher until "un-inversion" has happened.
Historically traditional markets bottom after the un-inversion happens.
Just a rough sketch for now, will watch the chart more once we get closer to the start of 20…
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11 Nov 2023, 02:41 UTC188 viewsread 10 August 2026 Photo
The chart that gave me the epiphany.
Bitcoin on the monthly timeframe.
The fractal starts from highs in 2021 up to current prices.
Fractals are low teir for trading, you can look at them, but they can deviate anytime they want, this is just one I'll be keeping my eyes on as it validates my original stance.
11 Nov 2023, 02:16 UTC133 viewsread 10 August 2026 Right view wrong count?
Going off of the premise that the FTX dump being our 5th wave move, our move from 15-32k for wave A, 25k retest for wave B.
If valid we are currently in wave C aiming at the low 50k range.
~25k lows + 26k = 51-52k target for the end of wave C which would be the the end of our macro wave B move.
With us cracking 33k it invalidated my view of this being wave 4, but it doesn't invalidate the …
10 Nov 2023, 08:59 UTC99 views1 reactionsread 10 August 2026 Photo
Tracking this distribution pattern on ETH.
Tagging the "we heard you like distribution" chart for comparison.
The Eth futures chart has tagged 2,154$ 4 more dollars and I won't be looking for new lows out of eth.
I have a feeling we are going to run into the same situation we had with Bitcoin and test my bear thesis towards the end of 2024 for ETH.
If valid we "should" see:
>2,158$ broken relatively soon
>chop at…
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10 Nov 2023, 00:30 UTC91 viewsread 10 August 2026 ETH is coming up on its technical bear market invalidation at 2,158$
Currently testing 2,147 as resistance.
New gap creations at 1.6k and 1.85k.
9 Nov 2023, 21:45 UTC97 viewsread 10 August 2026 Photo
Not as well put together as the accumulation pattern for the macro, but trends tend to degrade in structure the further you go down in time frames.
We could be starting phase E, for context phase E for accumulation is the same thing as UTAD in distribution.
Nothing confirmed yet, we could reject lateral resistance here and still head lower for another retest before the breakout, but this is what I'll be watching.
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7 Nov 2023, 23:11 UTC86 views1 reactionsread 10 August 2026 Photo
What we have here is the same fractal broken into two parts, shorter timing on the latter market phase so I needed to pull them apart to give you a better view.
Take what you will from this, I just wanted to mention it as I thought it contrasted well as to how it could end up looking on the macro.
This tells you less information about what price targets to enter/ exit from and more to show general market structure …
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7 Nov 2023, 22:57 UTC76 viewsread 10 August 2026 Photo
Was poking around the lower time frames on Bitcoin, the chart isn't necessarily important other than to show that markets repeat themselves over and over going through cycles of accumulation and distribution repetitively.
6 Nov 2023, 22:32 UTC82 views1 reactionsread 10 August 2026 Photo
While looking over the ETH/BTC chart we may be setting up a longer term distribution pattern once we finish this breakdown.
So more or less, if valid, you're going to want to start hedging away from BTC in the later part of 2024 as liquidity starts to cycle back into ETH.
Bitcoin over performs at the beginning of the cycle to draw in new liquidity, after that point there is little to no reason to hold Bitcoin other…
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6 Nov 2023, 22:23 UTC70 views1 reactionsread 10 August 2026 Photo
Updated view for the ETH/BTC chart.
The falling wedge failed to breakout which goes to validate the distribution pattern.
This isn't to say that eth won't grow in value and more to say that you're better off holding Bitcoin compared to ETH.
We probably see chop here for months before the breakdown happens.
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