Long
S&P500 + BTC: ready for a new ATH!
To understand if the BTC pump is holding we look at the S&P500 which is also looking bullish!
Check the chart for the M and W patterns and targets + check the chart linked below for BTC targets.
IMPORTANT: this is not financial advice, trade or invest at your own risk and research.
Check the chart for the M and W patterns and targets + check the chart linked below for BTC targets.
IMPORTANT: this is not financial advice, trade or invest at your own risk and research.
Note
UPDATE: textbook W and M on both charts, seem to be bouncing from their respective necklines exactly at the same time. Ofcourse we are at a low timeframe here so its not confirmed but it looks exactly how I want to... Crucial time for both markets, therefore we monitor on a low timeframe; however we only make moves upon confirmation on a 4hr timeframe turning bullish.Note
SELL SIGNAL: 
Note
UPDATE: looks like my original plan is going ahead and last week's fud is gone. More stimulus coming so more inflation and higher asset / stock prices...
Important update on Twitter on 10x Club, a weekly newsletter curated by me containing research & analytics on the crypto market & the amazing opportunities during the bear market - Check my Twitter or website link below:
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.
Important update on Twitter on 10x Club, a weekly newsletter curated by me containing research & analytics on the crypto market & the amazing opportunities during the bear market - Check my Twitter or website link below:
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.