Trading is an art. BTCTrading is an art, We first master the basics so that we may break the rules like a pro. As per your request we have here the rare yet POPULAR Loch Ness the bear aka sunsetting Nessy™. see you at zero.
TOP
BTC ride to 350k in 2024The idea is quite simple. BTC is currently building huge intermediary support structures which will serve as buttresses for the future tower reaching as high up as 350k in 2024. Remember, this is crypto, it's gotta end up with a blow off top, which we haven't yet had. The bigger the counterforts (and the ones BTC is currently building are massive. never before seen in its history), the higher the tower. You will recognize each buttress by the fact that it's increasingly steep and leaning towards the body of the next rally. The lower the current correction goes and the longer it will sideways range thereafter, the more time and space it will give the Pi Cycle indicator to reload in order to slingshot the chart to astronomic prices.
Nasdaq 100 EW updateIn my count the Nasdaq 100 has already topped, completed the first 5 waves down an is now working on a retracement before going for the next 5 waves down. Given today's price action we now have our targets for that Wave C retracement, ready to add to our short positions.
BTC RECOVERY - Battle of the bears and bullsThe next few days, weeks even will be very interesting in the crypto space. It will be important for BTC to hold it's support if we want to see an immediate v shape recovery and onwards with the bull run. If it fails to keep this level of support then we may consolidate for a few months before get going.
its bout to blow the hell up trustdue to the petrol falll coming up and politics a war might even be coming bombardier will build trucks for it. its a possibility.
technical analisis is due for
tight sl on it
BTCUSDT - Reverse Bar Pattern - 3HR - Bitcoin is trading in the lower trendline area of this rising channel.
A rejection at $65K and a break down of the channel could see this play out.... and we have all seen a rounded top.
I
Projecting Bitcoin 2021 top from projected 2022 Bear market low:Bull market tops and Bear market lows have been lining up on log chart.
Reaching Cycle Top (Total-Daily)Looks like this cycles getting close to the top.. will it break the resistance trend? Maybe but I doubt it.
Looks like its going for correction, multiple coins are over extended and overpriced without support.
(I'd buy the dip, Not Financial Advice)
What do you guys think?
CAD/JPY Possible reverse?!The pair is forming a nice double top pattern, after a long and strong positive run. Price is getting its correction, so a negative movement is about to happen. Take your profits at the level of 88.50, or even risk it further to 87.50, which are very strong support/resistance lines
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Good Luck and Good Trades
Broadening Formation?The market is currently bullish, and it continues to be bullish until the market says otherwise.
This idea is not to try to be a fortune teller, telling the market what to do,
but a possible scenario that could happen so if the market is deciding to act on it, we will have it in our mind and follow its bidding to the downside.
The trend is your friend, so keep listening to it...
Ethereum - Looks like topping out 3000 USDHello Traders,
Here we see the 4 hour chart of Etherum. As often, a picture say more than a thoussand words.
We are in the top of the trend channel and the target of 3000 USD is almost reached.
I now expect a pullback because we are on the top of the trend channel, we have the formation of a rising wedge and we see declining volume during the rise.
If the price breaks trough the top of the channel then this should happen with good volume. Again long if best on a retest of the upper trend channel line.
We love Indian, so We love WRX !!! own WRX now target 1 : 3.78$
target 2: 4.6$
target 3: 12$
today you will see it change!
« I told you ». Exit all markets. List the clowns. And learn.Big structural weakness. The signal can't be clearer...
Please take a moment and look at the crowd on Twitter ignoring the dump and looking for the next 100x coin. Some in the crypto market since before 2017. Unforgivable stupidity.
Just two of them for the example
OTC_Bitcoin : Always wrong on the macro since January 2018. Then will delete compromising tweets and pretend he was always right.
mobile.twitter.com
@michael_saylor : Told his audience to mortgage their house and buy Bitcoin on April 14th 2021.
mobile.twitter.com
List them all and stop listening to them...
BTC topped ? indicators say so...In the previous cycles, whenever the pi-cycle indicators crossed we always had a top and a start of the bear market (or a correction at least), will this time be different ?
If this is an actual top, then bitcoin will start to move down and we caught the top to short,
If " this time is different " then bitcoin might(or not) have some correction and continuation upward, the top cycle indicator probably alerted many people to close some of their positions, so at least a correction might be on the way.
I am cautiously shorting with a stop-loss that I am ready to lose in case I am wrong and we are in a " this time is different " case..
Trade safely :)
