hardforky

RAY has pulled back to its long-term ascending support line. The expectation is for a retest of the previously lost support at $4.Best, Hard Forky

Wyckoff scenario planning for possible 2025 top formation.- Possible Phase B Sign of Weakness incoming in the next few weeks. Short at 100K with a tp target 1 at 86K. A stretch target 2 at 77K aligns with the bottom of the local channel and intersects with the 4-hour 200 MA.Presents good Long entry to new ATH at 112k.Best, Hard Forkylikley bottom formationBig Shake Out

At last, we've reached the Upthrust (UT) in the Wyckoff distribution phase. The short entry target is set at 80k, exit at 57k (approx 30%), with expectations of turbulent price movements for at east a week.In reflection of previous timings, I was 2 months out on timing (expected in September) but this is a 2 year process so I expect adjustments along the way.Phase B. During this phase, institutions accumulate shares at lower prices, preparing for an eventual markup. This process can take a year or more, involving both buying shares and short sales to control price increases. Phase B often includes multiple secondary tests (STs) and upthrusts near the top of the trading range (TR). Overall, major players aim to acquire as much of the available supply as possible.End-to-end, the whole distribution phase should last at least another 10 months until Stage E.Best, Hard ForkyInitial target reached. Awaiting entry.That should be the end of the extension - Initial Entry

Bitcoin has reached the $60k target. Shorts are now closed & Long to $72k based on the Wyckoff trend. - Sunday should see the market settle down - $58k lowest price range. - $72k expected around 20th August - Sept/Oct Target is around $78k Best, Hard Forky 2024 Wyckoff Distribution:

Updated Wyckoff Scenario Based on New Data and Trends - The Selling Climax at the Sign of Weakness (SOW) is now complete. - Next stage is the retake of the mid-range (still at $64,500). - Bitcoin's price is expected to experience an upward thrust during the western summer, reaching a new all-time high (ATH) of $79,000. - Phase B is projected to conclude by the end of 2024. - A breakdown from the current structure is anticipated around mid-2025. ALTs are expected to perform well over the next few months, hitting their Q1 head and shoulders (H&S) sell targets last week. Expecting a similar formation to 2021 Best, Hard ForkyComment: Approaching $66k initial takeprofit target -Comment: initial takeprofit target -Comment:Comment: leg 2 on target.

Expecing a move up on Thursday/Friday. A prime shorting opportunity should be available on Bitcoin at the $76k level, based on this six-month Wyckoff distribution pattern. Shorting ALTs might be more challenging, with potentially more predictable price entry points occurring in Phase C. Best, Hard ForkyComment: Entries for Upward ThrustComment:

Updated Bitcoin scenario - mapped with new, extended timeframe. It's a scenario pattern that's undoubtedly familiar - everyone's favorite, the Wyckoff distribution trend. Several elements support this structure are worth noting: - The distribution phase is occurring just above the previous all-time high (ATH). - This potential top is showing a monthly bearish divergence vs 2021 ATH. While the structure of these patterns never perfectly aligns with Wyckoff's illustrations, they often follow key stages marked by significant swings in price. This scenario presents swings of around 25% The scenario assumes that we are now well within Phase B, past the Sign of Weakness (SOW) below initial support (target price was 59K but final SOW was closer to $56k) and we now move into the Upthrust (UT), target is $75k BTCUSD. If this scenario holds true, the potential new Bitcoin ATH comes early August at around $80k. Best, Hard Forky Initial Scenario Mapping:Comment:Comment: HL, move up now in progress.Comment:Comment:Comment: Final leg up in Phase B -Comment: Upward Thrust Entries inComment:Comment: limite UT rally - some possible price recovery over next few days

Structure on Pepe is pretty stright forward so long entry on Pepe was too tempting to pass up on retest at '668. - Long Target is '906 but expecting an extension through to '1148. ...before shorts to legacy H&S target of '446. Best, Hard ForkyComment: '850 acting as resistance - move to '446 target becoming more likley.Comment: BTC suggesting that a drop is nextComment:Comment: support held back up to 850. Expectng a pullback then break to ATHComment: 014 targetComment: 1500 exitComment:Comment: possible topComment: expectation over next few weeksComment:Comment:

Bitcoin is potentially forming an Adam and Eve structure. In this scenario, the Adam phase may retest $62k before a move to $70,800. The Eve phase typically forms over an extended period with less volatility for Bitcoin but potentially a bearish period for altcoins. This is just a potential scenario at this stage. Best Hard ForkyComment: Watching for a local rejection at $68,000 to validate if we will see a move back to $62kComment: Drop looks confirmed

WRX offers a clear market structure. Following the sell-off at the recent top WRX has broken the descending wedge. Targets are 0.32 with stretch to 0.34. 0.3 might act as initial resistance. Support at 0.258 Best, HF Bottom to top analysis can be found in my previous WRX idea.