Astrology
Dump over? Eth bounce soon?Eth has fallen into major support and almost into the golden pocket of the current trends fibonacci. It may take a week or 3 but I think this is the bounce zone. There may be a wick or two lower but fear is so high (15 currently) I don't think we will spend too much longer here.
Maybe I'm a stupid contrarian or maybe we're establishing higher lows before the next leg in the bull run. Extending cycles, diminishing returns - yes. Bear - no. This kind of extreme fear just makes me more bullish, the FED scared the markets but it won't last forever because the FED isn't ready to give up their profit creation machine of buying debt through one door and selling it through another, they will continue to buy assets and "tapering" will continue to be as scary and unreal as big foot. When sh*t hits the fan we will not be asking "is this a bear market?" - we will know for sure. At least, that's what I believe.
My strategy is simple, buy fear, sell greed. There's more to it but that's it's most simplified form. When the whole world is calling for a market crash and saying "crypto is ded", I think - "not yet" and look for buying opportunities. There's no question that the markets are beyond inflated and the system is beyond screwed but remember "the market can stay irrational longer than you can stay solvent". We're probably not Micheal Burry, able to hold tesla shorts from 730 without concern.
We have to trade the market we have and currently the market is a crazy circus and dumpster fire at times but it's the market we know and love lol. I say all this because I don't want you to see my long theories and think I'm ODed on hopium. I know sh*t is messed up and getting crazier BUT its NOT over.
I believe we'll be rallying by the end of the month in crypto and maybe sooner in the stock market. I put Astro before my name because I study astrology too in conjunction with TA. We're currently in a Venus retrograde period that seems to be really causing a lot of fear, tension and feelings of despair and hopelessness in people and thus the market. She goes direct at the end of the month (the 29th) and will spend weeks conjoined to mars as they move through Capricorn (a sign connected with big business, gov'ts, institutions, banks etc). On the 18th there's a full moon in cancer opposite the planet Pluto (still a planet to me ❤️🩹). I think there could be some major dramatic world events like revolts breaking out in some countries (like is happening in Kazakstan now), possibly some corruption coming to the light between businesses and governments or any number of things that might piss people off on both a micro and macro scale. Its obvious people are getting more and more fed up with the system and the powers that be and THIS will push people INTO the markets.
That combined with the FED being concerned about inflation are ironically BULLISH. The gap between rich and poor will continue to be made greater and greater until a large mass of people stand up against it. I don't think we're at that point yet, we're at the point where people want to take matters into their own hands to bring MORE security. Inflation is robbing savers and many of them are realizing that's true, looking into investing and trying to learn. Crypto is hot and trendy and ETH has the network effect.
I do think the rest of this month could be hard and or boring but we're headed into a bounce IMO. The geo-political landscape is pushing people to figure out alternatives and still less than 5% of the world owns crypto. This is a bit of a rant and I apologize for that but the uptrend has not been broken for eth or the asset class as a whole. As long as the stock market keeps going up, so will crypto. Maybe someday crypto will deviate from the stock market but that's a thought for another time and may never happen. The FED does this same thing where they say they will taper, the markets freak out and they buy the freaking dip. I bet the FED is eating this up and of course it's affecting crypto too because it's the most emotionally volatile asset class.
So when I see 15 on the fear and greed index as ETH falls into it's golden pocket - I get bullish as hell
stay safe and frosty fellow traders and travelers ✌🏻 don't let the man get you 👁
MERCURY RETROGRADE 1/14-2/3This retrograde starts in Aquarius and transitions into Capricorn - Air to earth transition.
Interesting price actions in past retrograde starts and finishes. have a look at my past Ideas for some random associative patterns.
This is astrology Dear Reader, so disregard this as advice.
This is not technical analysis.
Astrological charting indeed.
SPX, 4 Jan: Rally or Collapse.Hello traders, happy New Year 2022!
The end of 2021 has given us a massive short squeeze as commercial traders booked profits and realised tax losses from short exposure. The beginnings of each bullish impulses correspond to the Solar eclipse on 4 Dec and Winter solstice on 21 Dec.
This ‘Santa rally’ has catapulted SPX is right towards the multi-week resistance that we can trace back to the crash of 2020.
Let’s take a look at the TA what to expect.
Geometry:
SPX is at the upper boundary of the pitchfork. The question is if momentum can be sustained to break it.
Elliott:
We can count a completed 5-wave move to the upside. Alternatively, wave 5 can extend higher so that we are now in a momentum wave 3 (in green) that takes SPX towards 5k.
Moving Averages:
Price got rejected at the upper boundary of the Keltner Channel, but found support on the 9-day MA, indicating an active sequence.
Oscillators:
The Stochastic is overbought but can remain overbought for several more days. A strong bearish divergence appears on the RSI and MACD.
Correlations:
DXY is at a multi-month resistance. Yesterday's 8% yield spike prevented a breakdown. If yields continue to climb, capital may begin to flow out of equities.
Summary:
The markets are still trading at ‘holiday’ volume, so that we do not know the intentions of the larger market participants. Gann reminds us that the markets make important highs or lows around 5-6 January.
The idea is to observe if the active 9-day MA sequence holds and leads us towards a breakout. This could result in a massive rally if the upper pitchfork boundary becomes re-tested support.
If the resistance holds, we may expect a collapse back towards the median line and potentially sub-4200, before SPX makes another attempt at the 5k mark.
Bitcoin, 4 Jan: Do something!Hello traders, happy New Year 2022!
Bitcoin has been ranging since the Solar eclipse on 4 Dec, with a brief rally on winter solstice that was sold off soon after. Crypto was unimpressed by the “tax loss realisation short squeeze” in SPX and didn’t seem to care about yesterday’s 8% yield spike either.
So, when will it ‘do something’?
Geometry:
BTC currently has support on the pitchfork median. The level is the same as the 1-year PoC in the volume profile. This level has been tested 4 times.
Moving Averages:
We are below the Keltner median and the 21 day MA in bear territory.
Oscillators:
The Stochastic is oversold and due to move up. The MFI has been pointing upwards and is >50 which is bullish.
Elliott:
ETH has retraced precisely 50%, while BTC has wicked into the 50-62% retracement area. We can count an ABC to the downside (in blue). Most Elliott analysts expect a complex bearish correction towards 30k.
Correlations:
SPX is at resistance but the Elliott count indicates that the stock market could move even higher. DXY is at a long-term resistance and should go lower or range if equities continue their rally.
Summary:
TA signals are mixed. The 42-35k zone holds massive liquidity in the order books. But we need to remember that BTC front-ran demand zones in the past, leaving the bagless to fomo-in at a higher price.
The idea is to continue building long exposure if BTC can move above (and hold) the 21-day MA in a new active sequence. Support on 50k is another prerequisite to increase longs.
So, while we want BTC to 'do something', it would be wise to 'do nothing' at this point, until BTC reveals its intentions.
CADJPY Analysis >>> Break Descending Broadening WedgeCADJPY already break the Descending Broadening Wedge Pattern, potentially make a strong bullish trend
Price Target on the Cluster of Fibonacci 1.618 External Ret and the DBW pattern's target
CAD/JPY Signal ;
BUY STOP >>> 89.964
SL >>> 89.000
TP >>> 92.230
R/R ratio 1:2.4
Win Rate 61%
-Fibomic International-
FX:CADJPY
BTC to $39k by mid-January, then to $70k in 3 weeks?I use astrological indicators so if that's not your speed, this one isn't for you...
Mercury Retrograde - January 14, 2022
The Mercury retrograde cycle often has a huge impact on BTC. The 3 weeks before Mercury goes retrograde are often marked by falling prices, with the bottom coming in about the time Mercury goes retrograde. There is usually an initial drop with a few weeks of sideways action before the second drop.
Mercury goes retrograde January 14 so we are now within that several week period and we've already seen falling prices.
Full Moon - January 17, 2022
Over 80% of the time, the full moon coincides with the local price bottom and the new moon coincides with the local top (+- 2-3 days). The full moon is January 17th, which is a Monday and also MLK Day in the USA. I would expect to see the local bottom with a few days of January 17th.
Analysis
I think the current downward trend will continue another 2-3 weeks until around the weekend of January 14th. Dropping to around $39k will complete the head and shoulders pattern that started July 21, 2021.
After that I think we'll see a strong rebound...maybe even up 80% to $70k during the 3 weeks of the Mercury retrograde period. Last year we had about a 90% pump during the first Mercury retrograde of the year.
Jupiter in Pisces - December 28, 2021 WARNING!
This is the one astrological factor that may screw up the strong rebound in mid-January. Jupiter in Aquarius was very strong for BTC most of 2021. But Jupiter slipped into Pisces for almost 3 months during 2021 from May 13 to July 28. I think this is what caused the 50% price drop at the end of spring. If we don’t see a good rebound in the third week of January, Jupiter in Pisces may be putting a damper on things like it did for the May 30, 2021 Mercury retrograde. There is even the possibility of a repeat of the 50% drop we experienced the second half of May 2021, perhaps falling to $29k. I don’t anticipate this, but it’s worth keeping in mind.
This is not financial advice...just some astrological indicators to use in your own trading.
ETHEREUM MOON INDICATIONS“The moon is a loyal companion.
It never leaves. It’s always there, watching, steadfast, knowing us in our light and dark moments, changing forever just as we do. Every day it’s a different version of itself. Sometimes weak and wane, sometimes strong and full of light. The moon understands what it means to be human.
Uncertain. Alone. Cratered by imperfections.”
Bitcoin, 19 Dec. End of the Crypto Winter?Bitcoin has been declining for 39 days, with two major selloffs that happened precisely during the two eclipses in that period. It will be interesting to observe if today’s full moon or the Winter solstice on 22 Dec. will bring a change of energy.
Elliott:
We are able to count an ABC (in blue) to the downside. The last wave appears to be an ending diagonal. BTC has retraced 50% of the previous wave, the minimum for a wave 2 of a higher degree.
Pitchfork:
The median line at 46k currently provides support. Price has respected the previous Fibs of this pitchfork, so that the support appears significant.
20 Week MA (orange):
This important MA provides resistance and indicated a bear market on 7 Dec. However, we find that many Altcoins are currently finding support on their own 20 week MA, which can be a sign of potential recovery.
MACD:
The MACD crossover on the daily has occurred, an important signal for algos.
How I trade it:
The pitchfork median support and the ending diagonal give us a bullish setup. The idea is to scale in when price breaks 48k with persistent buying volume. The assumption is then that the correction is complete and BTC enters a wave 3 to the upside, with new ATHs as targets. Below 46.5k the idea is invalidated.
Ethereum Astrology AnalysisEach dotted line represents when the moon is at a certain degree or angle, as we know all indicators are delayed there a equations using price and volume from a candle bar.
I rely on the natural rhythm and patterns in life for those who are against astrology should also be against fibonacci because they are interconnected on many levels.
Today venus retrograde starts, a day before the full moon. We will see volatility through out this whole week.
What are your thoughts are we going to get a flush to the downside or upside?
Below we have the mayan calendar , they loved keeping track of time, we could possibly see something sunday as well look out for ny news but remember the news always have to match up the technical analysis. Youtube coming soon!
Mercury Harmonics With Moon Longitude ETHThe lines are marked on the chart with red verticals for each full moon general calendar date as well as and orange verticals for Mercury H12 and H6 low points.
The red arrows are marked in accordance with similar spots relative to we are now with Mercury and price cycle.
Certain patterns can emerge when we take note of certain astrological cycles.
AUDUSD Weekly Forecast >>> Correction on New MoonAUDUSD potentially going up to 0.72140 on Internal Retracement 0.786, and retest the Exponential Moving Average 162 (green line), after make a turning point on last New Moon .
Sell potential on 0.72140 >>> wait for confirmation trade using Stop Order,
with Stop Loss above 0.72380 and Price Target around 0.70210,
Time Geometry Forecast
Price will be hit December 19th on Full Moon - December 21th on Sun Ingress .
If Price don't make turning point or any sell signal around entry level, then wait on 0.7300 on yellow line for Short Selling with the same target price and Stop Loss 50 pips above entry level, price may make turning point on full moon and sun ingress period , either peak or trough
FX:AUDUSD
USDJPY Sideways on Jupiter Sign ChangeSignal for USDJPY
Heavy sideways on December 2021 till early January 2022
SELL STOP 113.380
STOP LOSS 113.900
TAKE PROFIT 112.740
TIME GEOMETRY ANALYSIS
Jupiter Sign Change make USDJPY 77% Sideways 23% Bullish
-1 month before Jupiter Enters Pisces (November 2021 - December 28th 2021)
Big Heavy Sideways Confirmed
TECHNICAL ANALYSIS
Gap on 112.787
Sell on Fibo External Retracement 1.618 or 2.618, wait for price action
High probability for USDJPY to make a little downside movement closing the gap
Price now on the H1 Resistance Level, means higher win rate for bearish
Price may close the gap on December 07th 16:00 UTC
Disclaimer On
Pending Order may be cancelled, trade with your own risk
Win rate on USDJPY about 68%, use proper risk management
Analysis based on chart pattern and history, it may be not accurate
Be ready for Stop and Reverse once, SL hit
Be ready for Averaging Profit once, Break Even has been setted
FX:USDJPY
GANN FAN THE CORRECT WAY TO USE IT.Angles, trend lines and indicators are worthless if the correct angles are not fixed, and if one does not have an underlying understanding of why these tools were created and how they are to be used.
Gann based his methods off of natural laws, astrology, and mathematics which is the language of the cosmos.
I will post his master course below:
AUDUSD Weekly Analysis >>> Prepare for The Strong BearishAUDUSD made a small sideways movement, may be a ABC Corrective Wave in Elliot Theory , AUDUSD will continue it downside movement after finish it's correction and break the support level
My forecast , AUDUSD will be bearish to minimum 0.71100
High Potential for AUDUSD to break the yellow support level and bearish to around 0.70200
The Fibonacci ratio show it's cluster at 0.786, 1.272, 1.618, 1.414, and 0.618 will be the turning point area
With time geometry , we see that price probably make a turning point around November 30th 10:00 UTC marked with the blue vertical line 2.5 Fibonacci Time Zone