$DXY - 1M
Study the dollar index and you'll understand what's been happening (and going to continue to happen) within the markets but then also the calamity that will follow after that
IYKYK
@ElijahSchaffer
I love his expression 😂
He's not even watching what is going on right in front of him
He's totally thinking, "I knew I should have driven myself instead of catching a ride here. Now I'm stuck and can't even leave."
Here are a few coins of interest on Coinbase with 24 hr buy % shown to see what retail has been buying
$ALGO 78%
$TRB 74%
$SOL 74%
$ADA 72%
$MATIC 72%
$BTC 71%
$ATOM 71%
$DOT 70%
$LINK 69%
$AVAX 66%
$DOGE 66%
$QNT 66%
$CRV 65%
$SHIB 64%
$ETH 64%
$LTC 63%
$SKL 51%
@TPostMillennial
To be helpful, here's a more comprehensive list of words that are also code for "Heil Hitler".
Honk Honk
Happy Hour
Harry Houdini
High Hat
Hard Hat
Happy Home
Half-Hearted
Heavy-Handed
Hilton Hotel
Hot-Head
Ho-Hum
Hungry Hippos
$ALGO - 3D
Lots of complacency seems to be setting in here as $ALGO consolidates below resistance and meanders towards the top of the falling wedge.
The move will catch many off guard when it happens, but that's the point, isn't it?
$ALGO - 4H
Now would be a good time to search $ALGO and mute all of the people that tweet some variation of, "Stupid coin, can't even break out"
They don't understand PA, are overly emotional, and won't add to your knowledge base, which is hopefully why each of us are here
$ALGO 1D - If you're scared to buy the dip, you don't deserve the money that's going to be made in this market. What an opportunity.
PS, you're still here for the volatility, right?
$ALGO - 1W
I've shared this before, but I'm sharing it again for those that haven't seen it.
Is a new ATH possible? Yes
However, these 3 TP levels are much more likely to hit this cycle
Got to say, the desire runs deep to post my $ALGO charts on some big influencers recent tweets about $ALGO, but you guys already know my thoughts, they'll catch on soon enough 😉
$ALGO - 1W
What some people cannot comprehend, is that one can already be positioned in spot, with bids still set in case we get a lower entry, while simultaneously being very bullish on a chart from a High Time Frame standpoint
$ALGO - 1W
I've seen reference to a H&S pattern on lower time frames on $ALGO
Yes, it could go lower. Anyone trading in any market should be prepared for anything.
However, I prefer to spend my time on HTF charts and it seems pretty straightforward to me.
$ALGO / $BTC - 1W
I think many are ignoring this chart because they've been programmed to sell on support and to buy at resistance
However, the market is good at transferring money from the impatient to the patient
Not going to lie, I've added about as much as I could to my spot positions over the last hour
Now I need to somehow try to avoid looking at the markets for the next couple of months
$ALGO
$RLC
$ORN
$NKN
$CLV
$ALGO - 1W
0.318 is the 1.618 fib extension from the last move down
If it goes right through it, then I wouldn't be surprised to see this move reach 0.40
This chart is about as good a road map as I can provide for where potential pit stops may occur on the way up
$ALGO / $BTC 2H & 1D - If you're not hammering the buy button here (or already have your bags of this maxed out), then I'm sorry, you need to unfollow me and get out of crypto, you aren't going to make it.
$ALGO - 1W
Simple look at what happens when you're late to the party:
Buying now, at 0.1750, would lead to a probable 9x if one holds to my expected high
Buying during the fall lows at 0.094 would yield an 18x
Note, these numbers don't reflect trading swings or leverage.
$ALGO - 1W
I've shared this before, but I'm sharing it again for those that haven't seen it.
Is a new ATH possible? Yes
However, these 3 TP levels are much more likely to hit this cycle
$ALGO - 1W
0.318 is the 1.618 fib extension from the last move down
If it goes right through it, then I wouldn't be surprised to see this move reach 0.40
This chart is about as good a road map as I can provide for where potential pit stops may occur on the way up
$ALGO / $BTC - 1W
Looks like Phase C is getting closer to being ready to draw to a close
We've seen a test of the available supply which was accompanied by relatively low volume, which is a good indication that it's ready for the mark up to take place
$ALGO - 1W
Everybody shows up and wants to buy the breakout, but it seems like everyone disappears when there is a test of support, which is exactly when people should start buying.
It's a conundrum.
$ALGO - 3D
😄
I chart $ALGO a lot, so I'm using it as another example
One thing I love about CT is this:
You can get the target right, however you squiggle, fib extend, or fractal your TA to get there
But woe unto you if the price doesn't follow the hourly chart perfectly!
$ALGO 4H - Already breaking out now on the $BTC pair from the descending wedge and is close to breaking out from the bull pennant on the USD pair.
Hope you are ready...
$ALGO - 3D
Not much to say about this chart right now, I mean, it's pretty clean and straightforward
• 1st set of HHs and HLs being established signifies a clear trend shift
• S/R flip at 0.24 (with the touch of the neckline at 0.22)
• Oscillators resetting
$ALGO - 1W
Looking at the weekly chart for $ALGO, it appears that we've got a candidate for Livermore's Accumulation Cylinder:
• Pattern matches
• Volume matches
• Hidden bullish divergence at Point 7
• Bullish reversal candle at Point 7
$LINK 1W - See some trolling of the marines on CT lately. This consolidation period in the green ellipse was always going to take a couple of months. Looks a lot like March / April 2019 to me.
$ALGO - I'll admit that I thought the arc would have been the retest from the move to 3.20-4.20 I thought would happen 3 weeks ago, but it's still respected it as it's moving up nonetheless.
3.79 is still very important, but this move might exceed it before it retraces.
$ALGO pumping and I crushed the fantasy football draft last night. It's been a good 24 hours.
While I don't expect $ALGO to hit $3 tomorrow, I do still expect it to clear that level before the month is over.
Look, if you miss out on $GRT, that's on you, not me. I've done all I could to inform and educate.
$ALGO $GRT $LINK $XLM $SKL $ANKR
But hey, you do you.
Critique away
$ALGO
$NKN
$CLV
$ORN
$RLC
$SPELL
Yes, the coins may change and the percentages will change as I TP some and move things around
Trying not to overtrade, but it's difficult
$ALGO / $BTC - 1W
I think many are ignoring this chart because they've been programmed to sell on support and to buy at resistance
However, the market is good at transferring money from the impatient to the patient
$ALGO - 1W
Some may ask why I've been LTF bearish the latter part of this week, with all the coins starting to pop off
I think a pullback could happen, that's why
But what if Algo breaks out this week? That's why I've been saying buy from July-October and then again in January
$ALGO - 1W
We've touched the top of the bullish DBW. Fractal shows some consolidation with some possible wicks above it
2 possible spots to look for an entry, if you're not holding
• Break above and claim of the top of the DBW, or
• Wait for consolidation to bottom (~0.175)
$ALGO - 1W
Everything seems easy in hindsight, right?
Here's an example:
In late January, from 1/22 to 1/31, I shared a few charts on why I was buying $ALGO again, after the drop from the local top in Dec.
Had quite a few saying to wait until 0.12 or 0.08, or even lower
1
$ALGO - 1W
~0.22 would be a retest of the neckline of the Inv. H&S while ~0.175 to 0.18 would be a retest of the downtrend, if that were to be presented to us
Personally, 0.22 is where I'd prefer to begin adding again
$ALGO - 1D
Checking in after the daily close - $ALGO held over the Daily 200MA ribbon at the close with a wick low - printed a daily bullish pin bar.
The next two daily candles will help to prove whether this is indeed the low, but this is a good start.
$ALGO - 3M & 1D
Bull flag breakout...
Phone chart - forgive the quality, but I wanted to highlight the near-term S/R levels that must be overcome
From here to 0.1540 is the 3M candle bottom from 2020 while the 0.1725 level is the 3M candle bottom from a year ago
$ALGO 4H
Here are some important levels to keep in mind this month, reposted for those in the back of the room:
• 2.18
• 2.35
• 2.59*
• 2.87*
• 3.10
• 3.79**
* means that level holds a little more significance
Sure do seem to be a lot more people suddenly paying attention to the $ALGO charts I've been posting forever.
Good, but you could've gotten in at a lot lower prices.
$ALGO
Person A - I understand the triggers and targets, thanks
Person B - Zoom out loser!
Person C - Algo's a stablecoin, I hate it
Person D - Why is the Algo Foundation not marketing this harder?
Person E - Here's a list of reasons why $ALGO is better than $ADA & $SOL
$ALGO 3D & 1W
If someone has posted more $ALGO charts over the last 9 months than me, I'd sure like to see it.
With that being said, as far as $ALGO and its future, the red arc shows the expected path forward as we move towards the end of this cycle.
I've posted the $ALGO / $BTC chart about a gazillion times, but here's a bit of a cleaned up version, so you can clearly see the S/R levels and where it could possibly end this cycle.
$ALGO wallet automatic staking rewards - 5.75%
Coinbase rewards - 4%
If you're still leaving your $ALGO on Coinbase, you're not only diluting the available supply, you're now also losing money.
Don't lose money. Move your $ALGO to the official wallet. It only takes 5 seconds
1
For those new to crypto, just a simple question for you:
• Do you have an exit plan, or do you plan to Hold On for Dear Life (HODL) with diamond hands?
The name of the coin below doesn't matter, but the story does.
Just throwing this out there for those that follow me, but here are the Alts that I'm targeting with my limit orders
$ALGO
$FET
$SOL
$NKN
Entries? Targets?
Umm, no, don't think I will
Don't ever buy or sell just because someone tells you to
$ALGO - 1W
• Had several saying to wait for lower
• Even if you end up being wrong, follow your own chart and process
• Own your mistakes and your successes
• There's no other way to learn and grow
$ALGO 1D
Has been putting in several upward deviations lately. It's been acting like it wants to run, and even with the big dip with $BTC, one can see that it didn't impact $ALGO nearly as much as many other altcoins.
Compare the volume from June-August and the last 3 months...
$ALGO 1W
Sitting on the 9MA as support as it tapped the 21MA earlier this week as bottom support. It also approached the fib extension at 2.86 earlier this week in a huge move. Still looks to be following the parabolic path IMO, but we will all see within 4-8 weeks if I'm right.
Before you get too excited when you see someone on CT saying that $ALGO had broken out, it hasn't, yet. But it is coming.
Before you ask for targets, just look at my feed, been posting them forever.
Been slowly adding to my $GRT and $LINK during the last month. $ALGO is still my biggest bag and I'm also still holding $XLM $ANKR and $SKL and primarily watching $CRV $MATIC $REN $BNT, but I don't like to hold more than around 5 coins at a time.
$ALGO / BTC 1D - It's breaking the downtrend line now. Shown is a guess on what may happen this summer and for the next 9-14 months, depending on how long this bull cycle lasts.
$ALGO - 4H
For some, now is when doubt and fear assail - "I knew I should have sold some!"
• If you're holding, hold
• If you're trading, trade
Do what you want, but at least understand why you're doing it
For now, after every parabolic move, the structure must be rebuilt
$ALGO - 1W
Updating...
• Retest of the Daily 200MA ✅
• Retest of the 0.618 Fib ✅
• Retest of the High Time Frame support at 0.165 ✅
• Print weekly Bullish Pin Bar (or Hammer) ⏳
$ALGO - 4H
The circles represent the condition that I'm looking for before any new $ALGO buys on my part
Either a:
• Reclaim of the top of the DBW, or
• Partial decline within the DBW to the target area
Still think partial decline is likely, but if DXY tops, may not get it
$ALGO / $BTC - 1W
Descending Broadening Wedge - bullish reversal pattern
Ultimate target is usually the beginning of the pattern
Given that, the HTF target would be 8,000 sats
$ALGO is currently at 435 sats
FWIW, this is a HTF view and could take years to complete, if ever