Sanchez @Sanchez_Charts
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Up the Reds let’s smash these cheating bastards
@Sleazzle1 Fair enough i'd never heard that term before. When it's just the body engulfing if it engulfs a few candles I know them as a big shadow. MegaBEC sounds good to me.
A quarterly engulfing on $BTC for the first time ever
@Sleazzle1 None of those are engulfing candles. They didn't wick below the prior candle hence not engulfing it
Took a while but got there in the end. $BTC still looking impulsive but wouldn't surprise to see a pullback soon as possible 5 up on 4 hr from last weeks low. Higher degree looking like a wave 3.
The crypto majors all looking pretty close to another leg up after the early month dip. Another sweep possible on bitcoin:native but decline looking corrective and maybe a zig zag done or nearing completion.
Solid move on $PUMP today and the good bit about it is PUMP/BTC also rose impulsively from yesterdays low. It looks very close to ripping hard again soon
$PUMP also looking great here. An ABC looking done or very close to as all sub waves accounted for with a corrective looking decline so should be good for another push up soon
Looking like we'll get something like this for bitcoin:native in the short term
Nice move up on so far on bitcoin:native and looking impulsive again so should be good for 83-84k in this leg
The crypto majors all looking pretty close to another leg up after the early month dip. Another sweep possible on bitcoin:native but decline looking corrective and maybe a zig zag done or nearing completion.
next $pump leg up feels imminent imo
looking like $Pump is trying real hard to shift weekly market structure, just needs to push a tiny bit higher and get above .00225
$PUMP also looking great here. An ABC looking done or very close to as all sub waves accounted for with a corrective looking decline so should be good for another push up soon
The crypto majors all looking pretty close to another leg up after the early month dip. Another sweep possible on bitcoin:native but decline looking corrective and maybe a zig zag done or nearing completion.
@CryptoCX1 The monthly close on Coin was a banger it looks like the low is in and the count looks amazing on the weekly
$NASDAQ futs with a pretty clean impulse from the July low and looks like it's doing a C wave down now so buyers should step back in around the 50-61.8
The coinbase/binance spot premium is back on $BTC for the first time in a while which is great news for the bulls
Nearly every Uranium stock up 10-15% since. If they hold these strong weeklies at the close then they should see all time highs over the coming months with $CCJ looking like it'll be the first to hit it
Uranium stocks look like they probably put in a low a couple of weeks ago. All the ETFs ($URA, $URNM & $URNJ) have the same set up with corrective looking 3 wave pullbacks on weekly with support reclaimed and a low tf 5 wave rise so if recent lows hold they should all see higher
here's $BTC overlayed w/ the 2023 bottom wouldn't be surprised to see something like this tbh
to those calling this BTC move a bear market rally of course it could be, anything's possible in these markets but imo its highly unlikely: - multi-month accumulation base - blasted through 200DMA w/ huge velocity never before has a structure/move like this in BTC been a bear
dont overtrade here imo, ppl have been conditioned to take profits early because the last 2 yrs in crypto has been horrible but I truly think now is the time to be thinking about core positions you intend to hold for 12mnths or more.
No re-tests and minimal pullbacks so far which is exactly what we want to see on $BTC. The PA is sharing a lot of similarities to the late 2022 major low so far and an impulse like this would have it almost identical
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