dRends35

dRends35 Updated 

ADA looks to be topping out here along with Bitcoin. In tandem with Bitcoin retracing back to at least 20K, ADA could lose 90%+ from the top and provide an excellent entry. Of course ADA could have a final surge, but it looks fragile and topping in similar manner to Bitcoin. Target for entry is currently around $0.12.

dRends35

ETH.D As Bitcoin Dominance dumps, ETH Dominance has begun to pump. Interesting to note that it has begun to pump almost exactly as the Bitcoin halving passes. And so it is looking more likely that a bullish Wyckoff ST Secondary Test has just passed - a weak lower low. There has been plenty of bullish divergence through this area, so now it is breaking out, it...

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USOIL Looks like this is a bearish connective wave completing here and it will have another wave down. It just printed a Shooting Star shakeout through the very long term trendline which also a 0.5 retracement; that is a very common continuation ratio in moderate corrective trends. If it can get to the 1.13 overshoot ratio of the 1:1 extension then it can hit...

dRends35 Updated 

Week candle about to close very strong and AMC has bounced hard from the long term 1:0.618 Golden Window taken from the shakeout top of this enormous crash. A 1:0.618 is most common 3 wave ratio in this type of flash crash where the 3 wave is of course; weaker. Also there is some bullish RSI divergence. So good chance this is a significant low here If it makes...

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Has had a big earnings pop back to the top, but there is lots of bearish div through the area and indexes look bearish. So this might be a shakeout and an opportunity to get the value high from the short side. Its risky to short just after earnings but this could pay off. I am short here. Not advice

dRends35 Updated 

SPX500 Indexes bouncing after the crash low. But here is a pattern we have seen many times. It is the very lucrative 3 wave corrective pattern where the third wave is the cause building Wyckoff "Creek." Most of the examples we have looked at have been in bullish phases and so we have seen a bullish Creek. But here this is a bearish phase and so this is a...

dRends35 Updated 

Is another one I have found browsing "Gap Losers" today. This has long term bullish divergence through the downtrend and through that big bounce; which is significant I think. The upper wick (red arrow) is a bit smelly but I think this is compression forming and on the 2 week chart this is expressed as Inside Candles. And the gap above will attract price so it...

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SPX This week SPX collapsed out of the long term pitchfork and news of more war appears to have triggered this bearish reaction. I think this will make a 0.382 retracement as a minimum now an could even be much more 🤨. Not advice

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Natural Gas Now showing bearish divergence on the 3 hour chart after a higher high shakeout. That is very likely to be a Wyckoff UT UpThrust. This signals that the current wave up is now more likely to be a connective wave and there will be another bearish wave to follow. Perhaps it gets back to somewhere around the 0.618 are perhaps it will get all the way...

dRends35 Updated 

BTC Fear ravages Cryptoland as Bitcoin slumps to a lower low. And bearish projections are doing the rounds on Twitter etc. But BTC has just hit the 1:1 Golden Window. And there is bullish divergence on the 4H RSI And it looks like it just broke down from a bullish fractal. So this is probably a great dip buy here and in altcoins 👍. Not advice

dRends35 Updated 

SILVER I think SILVER and GOLD may be into the next wave up here. It had a fast slump, moved on up, had another weaker slump with a higher low and now moving up again. I think that is likely to be a typical bullish 3 wave correction. Notice how the overall trend trajectory has not been affected by the 3 wave correction. That is another bullish clue I...

dRends35 Updated 

USOIL Continues in this choppy descending channel that probably signals weakness to the downside. Notice the RSI is now at a depth where previous corrective phases completed. Could be moving on up soon 👍. Not advice

dRends35 Updated 

ETH Appears to be bottoming at the 1:0.618 Golden Window. Notice that there are no candle bodies below the 0.786 overshoot ratio on higher time frames such as the day chart here. Similar to other coins we are buying, we have the bullish pattern with bullish RSI on the 4 hour chart. ETH can be a great buy in this area because we still await phase 2 on the Path...

dRends35 Updated 

Pumping here and growing in strength out of this accumulative area ❗ I think at some point we will see a third and bearish wave, but it may just be a shallow one before this really gets moving on up. Its currently in the retracement 0.618 Golden Window and so perhaps it happens here but it could also make a higher high. Our deeper buys at the higher time frame...

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ASM Rank #641 Is still somewhat strong in this area. This is probably a great buy and hold right here, because this could pop with a market move up at any moment. But now it has slumped a bit I think it may get back to the 0.618 @$0.25. Or even as low as support @$0.018. Perhaps it will be the latter if we see another flash dump. This is a good one to have...

dRends35 Updated 

SUKU joins pump club today - up 50% already today. This is a great low rank coin (currently #794) that has been drifting for some time in accumulation. And in the end, this one was a textbook Wyckoff Accumulation as shown on the chart. This week candle still has 5 days to go but it looks like it will be the first one with a candle body close above Accumulation...

dRends35 Updated 

As we looked at previously, Bitcoin has now slumped to the Long Term Median Line — > This could of course be the start of an enormous bearish collapse... But much more likely is that this is another liquidity tapping move and it can also be a 3 wave correction to move on up. Another possibility is that rather than a 3 wave correction, another more complex...

dRends35 Updated 

Many altcoins warming up now and although their are many top tier sleeping dogs; SOL is not one of them, pushing on up here. SOL is still only just above the previous high and may yet see a pull back before full breaking out, but its starting to look like the next wave up is underway as we looked at before. Weekly RSI is now pushing into the top quadrant and...