Post Trump tariffs the stock indexes have printed ultra high volatility bearish shakeout patterns.
This is how crash structure often begins, and it looks like they are into the next major wave down.
This is being reflected in crypto where its become very bearish and some of these more silly coins may really crash and burn here.
...
FARTCOIN
Weak bounce to the 0.382 retracement.
This is a big whipsaw both on the day chart and also low time frame; similar to other charts I posted (client only).
The high time frame whipsaw prints a shakeout through resistance and that is also a high time frame Head & Shoulders pattern
But this one is very impulsive to the downside.
I'm not posting the bulk of my trade setups here on TradingView but I have selected this one for you guys - I think it is quite nice 👍.
I am recently short here ✨.
RIP hodlers ☠️.
Not advice.
This is how crash structure often begins, and it looks like they are into the next major wave down.
This is being reflected in crypto where its become very bearish and some of these more silly coins may really crash and burn here.
...
FARTCOIN
Weak bounce to the 0.382 retracement.
This is a big whipsaw both on the day chart and also low time frame; similar to other charts I posted (client only).
The high time frame whipsaw prints a shakeout through resistance and that is also a high time frame Head & Shoulders pattern
But this one is very impulsive to the downside.
I'm not posting the bulk of my trade setups here on TradingView but I have selected this one for you guys - I think it is quite nice 👍.
I am recently short here ✨.
RIP hodlers ☠️.
Not advice.
Note
Crypto has bounced well where other markets are getting smashed.So I exited short crypto positions
Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.