Degen-Dynasty

Degen-Dynasty

Crypto has been trading sideways for months. We have seen some significant retraces with plenty of upside available without even braking previous highs. This is a daily chart and looking at the time aspect of our gann box there is near perfect proportions with each pull back and now reaching the end of the projected cycle. Looking at the wave trend oscillator...

Degen-Dynasty

Since hitting its high in March around 75k BTC has been trapped in a megaphone consolidation pattern. Locally we have been trapped between 49k and 70k. There is no way to know if the pattern will continue but the longer it goes on the more likely it is to brake. Current trading plan is to stick to the short side until the pattern brakes showing a clear sign...

Degen-Dynasty

Eth is a staple to the crypto industry and doesn't require much analysis to assume up and to the right... The question is when and where. Currently looking at the weely chart we can see out wave trend oscillator is showing momentum to the down side is slowing as price has come down to out main up trend and the last major support resistance flip. Current trading...

Degen-Dynasty

CFX has been on our short list of big movers as its recovery in the bear market was among the highest gainers at a 25x. A clear sign of major support off a bear market bottom. Price has since put in a higher low, higher high, and now a 100% retrace for a potential double bottom. Just sounds bullish... In this same green range this double bottom is also the...

Degen-Dynasty

After a sufficient pull back into the golden zone of around 62% on this weekly line chart we see big mover INJ has been losing down ward momentum into major volume base support. Looking at our weekly lows we can see nice curvature showing momentum slowing to zero and our wave trend oscillator is right in the time period we should be looking for upward...

Degen-Dynasty

Presently BTC is sitting in a period where neutral seems to be the best outlook and bullish on the short term. Looking at the wave trend oscillator we can see the momentum waves are rotating to the upside. We have seen price make decent push back to the upside but is presently stuck at the value area low. IF there is more downside potential as shown in our last...

Degen-Dynasty

It has been a while since taking any serious interest in crypto as things cool off. Enough time, enough discount, new interest... This is a weekly line chart of FET. Looking at the price action there has already been a typical but always hated 50% pull back to the lows. This 50% pull back magically aligns with its last major broken resistance for a hopefull...

Degen-Dynasty Updated 

If you have been with us for a while you know I have been looking for a pause or reversal in the trend at this time since June of last year. We have reached that time period, price has not broken higher and finding collection of things that leading my personal bias to a reversal or significant pull back. IF this is what we see I don't expect a straight shot...

Degen-Dynasty Updated 

This is logarithmic BTC chart with Weekly candles showing the pretty consistent market timing trend with near perfection. If there is another BTC mega run to be had and BTC continues to follow the same cycle it has 3 times already the ride to the top typically has more sideways dip action before a real brake out occurs. At the same time 3 repeating bull cycles...

Degen-Dynasty

Crypto markets have had some time to cool off and most assets have formed what is HOPEFULLY reaccumulation ranges. This is a daily chart for INJ. Price has pulled back to the macro trend line, broken structure to the upside, pulled back 50% and appears to be finding support following the momentum curve. Potential Targets: An ABC mearsured move target aligns...

Degen-Dynasty Updated 

Looking at the xen chart we approaching a time cycle where a piviot would be likely. Being we are still in a sideways accumulation range there is a potential for a trend change to the upside. This is daily chart and since the potential bottom while ranging it is still making higher highs and higher lows. Current push down to the bottom of the range and rounding...

Degen-Dynasty Updated 

It is hard to cast a bearish sentiment and never popular in a bull market. While bulls are an excellent thing and easily bring the increase over long spreads of time, bears IF encountered take one swipe causing massive injury just before they stomp and ragdoll its victims in such a way most don't survive. Bear cycles are very fast and hard in comparision to...

Degen-Dynasty Updated 

XEN crypto is different project that proclaims an adherence to the first principles of block ledger. While it sounds nice the "Free" distribution modle has absolutely hammered the price. With that said the minted supply has likely decreased as ETH gas prices have risen, reducing the amount of discounted supply. This is a daily chart that is focusing on the...

Degen-Dynasty

I am not super big into side chain layer 2's as a permentant soloution to the transaction cost issue with crypto. At the same time they are the current leading way this problem is solved and intrest in their tokens is certainly not lacking. ARB is a little bit different for layer 2's as they set them self apart from competitors by gaining massive awareness...

Degen-Dynasty Updated 

Looking at a daily chart on tesla we can see reversal pattern building as price rounds over into the previous major pivot low of $152. As price is pulling into this area notice how each push down is getting smaller and ending sooner than the previous. This is a daily chart considering the cuvature of the trend and angles ploting highest zones of probability in...

Degen-Dynasty Updated 

FET is another crypto asset that has seen a HUGE pump from the bottom of over 1000%. Being it has bounced the hardest it is giving a clear sign that it has users attention. This is a weekly macro environmental chart to highlight the current condition with the past price action as well as give some potential macro targets. Currently price has formed a possible...

Degen-Dynasty Updated 

INJ is another asset that when price reached a bottom in December pumped abnormally hard compared to its peers. Average bounce off the bottom has been 100-300% aside from a few outliers and INJ at 730% is certainly one of them. This is a weekly chart and looking at the wave trend oscillator the weekly is deep and attempting to confirm this week and money flow...

Degen-Dynasty Updated 

As AI related anything continues to rip to the upside the end of the rally is unknowable and unpredictable. With that said we can monitor the growth rate and reoccuring equalities for changes in price action behavior to spot when bigger players are entering and existing the market based on current and past behaviors. This is a daily chart of AGIX that is...