Long-term supporter of crypto. Passionate about $AMP $ANVL and $BTC. Love new tech. Proud family man. Technical analyst for informational purposes only. LFG! 🔥

USA
Joined August 2020
$ZEC might be doing a small squeeze fakeout on the Hourly. T/R combo was invalidated so this feels like a quick shakeout. Tapped support perfectly at $595. Watch for a reversal somewhere around support here. 4HR is still flashing bullish via Phantom. And the Daily is flashing another reversal candle (previous one invalidated), but green dots still flowing, Phantom still bullish, and so far it just looks like more consolidation. Patience here as we wait for some uplift again. ✌️
$ZEC update: Heads up fam! $900 is in the cards now. We are holding just underneath the $645 resistance after bouncing right off the channel we broke out from. MACD is now flipping again, but the Phantom indicator has stayed bullish on the 4HR this whole time. And the Daily? Ooo doggy. Looking like we're going to invalidate this reversal today at the close. Invalidate this, and it's open season on a $900 extension. Let's. F*cking. Go.
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$amp has invalidated this local top candle after invalidating this bullish reversal candle on the Daily lol. You can tell there's some accumulation going on with this push and pull. We are approaching the end of this consolidation area day by day. The 4HR is no different. Steady climb, but being held under the 200EMA. Phantom still bullish. Just need to stay patient until this area is behind us and legislation is finally complete. 🤝
$amp playing off this hidden bull div still on the 4HR. Back over the track line with green dots and holding above the 100EMA, nearing the 200. Phantom still bullish. I know it doesn't feel like it, but HTFs are beginning to flip momentum. In the coming weeks, we should see a breakout from this consolidation range finally.
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$ICP update by request: Okay, so it looks like since our last update, we attempted to break out of this larger consolidation structure (descending wedge), and in fact did, but ended up pulling back inside alongside the market. Price action has pulled back below the track line, but the Phantom indicator is still showing bullish on the 4HR, and RSI is resetting nicely. I would watch for either a reversal around the 50/100EMAs or even a squeeze fakeout from here (50EMA = ~$6.50, 100EMA = ~$5.43). A squeeze fakeout would be a breakdown arrow, followed by an immediate reversal, and then all of that volatility is released to the upside instead. The Daily is skating on thin ice, though, so watch this carefully. Even though the Phantom is still showing bullish, be mindful of the T/R combo here. $ICP needs to close above this level today in order to invalidate this reversal combo. A close below this line would invite more chop and a further breakdown. Lastly, the Weekly gives you the full picture. Fairly large descending wedge here over multiple years. And it's finally starting to attack the upper edge of it. 50WMA is just below with the 200WMA just above. There's a current reversal candle for this week, but it's only Monday.. so give it time because it could easily wipe this out with price action throughout this week. At some point, it'll break out above. It's just a matter of time. 👍
$ICP Okay, so I've finally listed all of the S/R levels for ICP. Up first, here's the Weekly chart, which the Phantom and MACD have both flipped bullish. Notice the descending wedge and the third tap of the top edge. Confirmed reversal too so watch for a breakout above this wedge, that's when things would really kick in. The Daily has shot right past the 50D and 200D MAs. Confirmed local bottom and then blast off. Lastly, the 4HR is still truckin' along, but we're still waiting to see what happens up here near the upper edge of this descending wedge. So far, just retesting support, but no major bearish signals just yet. We either get a pullback to the track line and consolidate first before breaking through, OR.. we retest the upper edge and break through sooner rather than later. More to follow 👍
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$BTC sitting right underneath the 100EMA. Heavy resistance right here at $106.6k, but looks like it wants to break through.
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Like buttah. All from that confirmation of the BR combo, followed by a textbook local bottom confirm. Tapped the 100EMA and flipped the Phantom indicator bullish finally. 👍 $BTC
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And you guys thought it was over 😏
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GIF
Charts are looking "poppy" today 👌
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GIF
$amp playing off this hidden bull div still on the 4HR. Back over the track line with green dots and holding above the 100EMA, nearing the 200. Phantom still bullish. I know it doesn't feel like it, but HTFs are beginning to flip momentum. In the coming weeks, we should see a breakout from this consolidation range finally.
Got a party to head to so you'll have to see what happens without me 🤷‍♂️ Looks like $amp is so close to confirming this bullish reversal on the Daily. We'll see what happens, but the 4HR flipped the Phantom and close to invalidating this local top candle well above the track line. Someone take one for the team and light it up to confirm that reversal. You got this 🤙
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