chartvist @chartvist
Investor, Position Trader, & Classical Chartist in #Bitcoin #Crypto | Main: @thesilvist Joined July 2023-
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$BTC low timeframe symmetrical triangle coiling around the 64.5k midrange level (dashed lines) Could give some early indication of resolution and direction soon Mostly though expect boredom between 60 and 71k
$HUNT falling wedge apex update
RNDR/BTC Ascending triangle forming for RNDR after holding up well on the war uncertainty lows at 1000 sats, rising demand with overhead equal supply area at 1460-1500 sats, confluent with February highs Find charts that are gaining ground and remaining strong against BTC👍
$SNEK at the upper boundary of weekly symmetrical triangle
Just to be clear, 4h chart formations are not an indication of reversal of a 9 month downtrend
Just to be clear, 4h chart formations are not an indication of reversal of a 9 month downtrend
$ADA now forming potential right shoulder of larger head & shoulders after completing breakdown from smaller head & shoulders at peak
$LENFI completed 4h inverted head & shoulders with macro level neck line
$NVL upthrust at prior high after false break out of channel indicates likely return to bottom of range Small potential to form cup & handle if channel structure can hold
#Crypto volume across the board is failing to indicate any level of conviction or momentum Caution everywhere while consolidation occurs $BTC $ETH $SOL $ADA $DOGE $RNDR $INJ
$ADA resistance at trendline confluent with 20D MA Current support 8D EMA, critical level to re-establish is prior neckline at .57
$DOGE symmetrical triangle Breaking down would form right shoulder of a head & shoulders
$IAG rough descending triangle formed within range Breakdown from here could form broader rectangle Break upward sets ascending triangle structure and gives early signal for strength Weekly bollinger bands are tight with price sitting at dead center on 20MA
$SNEK has now established higher low on the weekly to form symmetrical triangle Clear levels above and below Bollinger bands still tightening toward volatility
$ADA price action is unfolding clearly on the monthly chart Recent dip tested the 20M SMA and has now recovered to the 8M EMA Now important to watch the May candle to determine which path we're on, either: - bullish throwback of monthly double bottom, or, - evening doji star…
$ETHBTC remains locked between major local and macro levels Potential for continuation downward until it can reestablish .051 range bottom
$INJ caution as it underside retests prior range confluent with 20D SMA Break back into range would be a clear signal
$BTC weekly successfully closed above 8W EMA Remains in rectangle range and now interacting with 64.5k level
$SOL 4h potential inverted head & shoulders forming
$BTC monthly is clearly telling us to sit back, relax, wait and see
$RNDR setting up potential head & shoulders
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59 Followers 140 Following IAG, LENFI, FLDT, SNEK, WMT No lies only truth ( Save ur ADA )
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Cheds (Trading Quotes.. @BigCheds
330K Followers 202 Following Best Selling Author (Trading Wisdom) https://t.co/FLH4v5NDKb Cancer Survivor (DLBCL) Founding Analyst https://t.co/YKuigAt2rT $BTC #Bitcoin CMT level 1@chartvist What happens if it breaks... to the downside? 😅 (have been stacking $HUNT in the past weeks again)
@chartvist I will take your financial advice and buy this asset
Feels good to have seen & acted on this weakness prior to it unfolding Capital is thanking me for it, it’s all about remaining in the game.
RNDR/BTC Ascending triangle forming for RNDR after holding up well on the war uncertainty lows at 1000 sats, rising demand with overhead equal supply area at 1460-1500 sats, confluent with February highs Find charts that are gaining ground and remaining strong against BTC👍
@chartvist We've seen indicators on higher time frames turn bullish and we're now seeing bullish patterns on smaller time frames play out. Lenfi has bottomed and is either in consolidation or the early stages of strong reversal. I'd wager the latter. Fade at your own risk.
Idea of “generational wealth”, often quoted on X, is repulsive to me. No way I’m enabling future generations to squander and lose sense of reality. Each must value honest work. Expect to donate most what I earn. Exceptions are education + life insurance trusts for descendants.
#bitcoin has not followed equities lower into a failed cycle. At least not yet. Decent relative strength. I don't mind this action.
Acquired BLEAK // Light @7lbseven x @Poetonic_Art This will likely be given away to a lucky PR🟧PHE7S holder at some point #nftart #nftartists #cnft #cnftcommunity #lmnl #artofcardano #radr
@chartvist Looks like there's still room to me 😂
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