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Market Update 9/30/22 Off The Cliff We Go?TIMESTAMPS: ________________________________________ Intro 0:00 BTC 0:54 APPL Yesterday's Movements 9:23 APPL Today's Movements 11:12 APPL: When the Market Fell Off the Cliff 13:53 What We may See Monday and Issues of Dropping Further 18:06 Closing Statements 19:26 ________________________________________ There is probably one thing that saves this, and I really doubt it will happen at this point. I only go over BTC and APPL in this one: Focusing on the Kings. The buying and selling, more specifically the selling, was REALLY good today. Even when we were slightly oversold on the shorter timeframes, the price made sure not to drop too much until we had higher time frames start under the major trendline. BTC starting the week under 18k is horrible, things look bad, but these last two trading days have had amazing price action. I think this is worse than better, because bad selling brings good buying, but good selling generally brings nothing but more selling. The sell off at 11:29:45 (last 15 seconds before the 2HR, 1HR, and 30Min TimeFrame change to bring it just under 142.65 was really something. I pretty much knew what was coming the second I saw that on stream. I go over that moment in the video. Anyway, see you all on Sunday around 19:30 EST for the Crypto Week Time Frame candle change.
NASDAQ:AAPL
by TrendLINEBoys
Market Update 9/29/22 Possible ReversalTIMESTAMPS: ________________________________________ Intro 0:00 APPL What I want to see 2:07 Quick DXY 5:15 Going Over APPL Price Movements 6:00 BTC 10:56 USD/WTI (OIL) 16:54 Closing Statements 19:11 ________________________________________ Essentially I can easily see something bullish if we start between 142.65 - 143.2. I don't want the price to start too far away. Very similarly to how we started the day slightly under the Day 200 SMMA, touched it and then dropped. I go into specifics in the video. Things look horrible and this is based on where we start on APPL tomorrow , but I have a good feeling about it. Also its not something that is traded until I see where we start the day, so pre and post are not important to me. As always: Watch the video and I'll see you tomorrow at 09:15 EST to the end of the market.
NASDAQ:AAPL
by TrendLINEBoys
Market Update 9/27/22 Structure FormingTIMESTAMPS: ________________________________________ Intro 0:00 APPL What I want to see 1:32 Going Over Price Movements 1:44 DXY & VIX 9:36 BTC 10:48 ETH/BTC 16:09 DOGE 17:08 XRP 17:32 ________________________________________ Same video structure as always. I go over what I want to see regarding APPL (the Market King outside indices 💪) and then I go more in-depth about what happened today and then go back over what I want to see again and then in to the usual, BTC, ETH/BTC, Doge, and XRP cryptos. Average I want to see us start slightly above is 151.75. Starting slightly under looks worse, but I want to see the lower time frame structure collapse as well. IF you check the stream near 14:30 EST you will notice that they (bulls) do a good job of not allowing the price to start under the 30Min 375 hull, which would cause a drop to a weak range that would most likely fail. From a week perspective, I still want the price to stay in this range. These last two weeks have just been a whole lot of over selling, followed by over buying. The Day time frame 375 Hull coming down on us is certainly concerning, as it will align with the 4HR 200 and 500 averages and also where the fib level resides (155.50). While it creates a nice area to push through if we can get above it, an INSANE push can happen, but that is also because when things line up, it generally means its really bearish, and its not that people are buying it, but that its shorts getting wrecked and people covering their shorts, that pushes it up. 👁👃🏽👁 Cya tomorrow at 9:15 EST as usual.
NASDAQ:AAPL
by TrendLINEBoys
1
Market Update 9/26/22TIMESTAMPS: ________________________________________ Intro 0:00 APPL 0:25 Going Over Price Movements 5:00 BTC 8:34 VIX 12:34 Indices 13:18 APPL What I want to see Recap 14:30 USD/WTI 16:08 DOGE 17:25 XRP 18:12 ETH/BTC 19:28 ________________________________________ Video Sums it up. The average ceiling is around the 4HR hull at 151.81. Depending on where we start there might be mayhem in the coming days or even tomorrow. The main plus that the market had today on the open, was that it was oversold in pre-market, assisting the price in initially pushing up more than it needed it. I go over it in the video, but the amount the price rose in 1 hour today, was the same amount it rose last Monday in 5.5 hours. Pretty wild stuff. Especially since it got sold down from there. As usual, I will add timestamps.
NASDAQ:AAPL
by TrendLINEBoys
Market Update 9/25/22 Why We Cant Have Nice ThingsTIMESTAMPS: ________________________________________ BTC 0:00 Why the Macro Still looks Bad 7:02 ETH/BTC 8:33 DOGE 9:35 XRP 12:55 Closing Statements 19:45 ________________________________________ I go over what I think pretty quickly and then go into the nuance of the movements and then a quick overview of ETH/BTC, Doge and XRP. I recommend watching at least the first 4-5 minutes of the video. Summary: the Macro looks horrible and that hasn't changed. The price needs to reach around 22.4k within the next couple of days for me to even consider a change in mid-term trend. The fact that BTC mainly moves when the stock market is open hasn't changed either. There are conflicting buy and sell signals on the short term now with converging sell signals on the 2 and 4hr timeframes. Yesterday's day candle, to make things worse, hit the target we needed to hit on todays candle, 4 hours before it needed to be hit. Furthermore, were collapsing back down to hit the target we need to hit (today), with the downward trend from everything crated on todays day candle thus far. I mention Doge XRP and ETH/BTC also, but not much has changed with those. Check near the end of the video for XRP as it is the only one that may have a chance of doing anything. Though, depending on where the day timeframe candle ends for btc things could be bad in the short short term and indicate weakness coming into the stock market this Monday. Now, I wait for things to happen, so none of this means much to me until we start these candles where I want to see them. I just like to put out my thoughts to better explain my thinking and show how this strategy can be used for the longer time frames and similarly for the shorter time frames. Also BTC starting the week right under the Day hull and with a down trend on it, generally shows a big drop chance on the short to mid term. I will be streaming the Week candle change, starting tonight at 19:30 EST (UTC-4). As I always do.
BITFINEX:BTCUSD
by TrendLINEBoys
3
Market Update 9/21/22Time Stamps: 0:00 APPL 4:00 VIX 6:28 APPL 9:12 BTC 18:02 ETH/BTC 19:06 GOLD 19:24 OIL Lets see what happens. I go over what I want to see then a recap of the last couple days and today and then I go over BTC towards the end and the big trend we have been in for months. Long story short, I hope we get bought up a small amount tomorrow so that we can have a clean break further down and it wont seem like we are getting oversold. Though, I can't be annoyed by anyone selling because they want to be in in cash. It just makes sense as a defensive option. So to that, we may just fall off a cliff. I really don't mind being oversold though, as I prefer being bullish on/after big drops. To me, the indexes have no real support underneath where they currently are and if APPL drops, It will drag things down pretty far. I expect Appl to head towards 122 in the near future, but well have to see what happens. Appl around 22 would coincide with the indexes possibly hitting around 20-38% down, which isn't bad considering there could be a nice amount of overselling and an easy ride back up like we had in 2020.
NASDAQ:AAPL
by TrendLINEBoys
1
BTC: The Not-Peter-Schiff-PitchforkIts a good video to skim through and see if you like this Schiff Pitchfork's placement and values and take the values and use it for yourself. That is what would make me the happiest. I think on the 4hr and 1hr BTC looks ok-good, but on the other timelines it looks horrible. We are near the main trend line. It historically has come back to this line to touch when it comes down. I would think it normal to see the neckline of the head to form its base around a dip between 34-37k and forming a new base for upwards movement there. Moving up from here whiteout a dip only worries me at the green line (around 47k-47.5k at the moment). It has upwards movement as I post this, but I remain skeptical on its strength.
BITFINEX:BTCUSD
by TrendLINEBoys
Easy way for you to follow IotaALWAYS LOOK AT COINS IN RELATION TO BTC . NEVER TRUST SOMEONE WHO DOESN'T LOOK AT THE RELATIONSHIP TO BTC. THE CHART IS INTENDED TO BE ZOOMED IN ON TO SEE CERTAIN POINTS. PLEASE DON'T KILL YOUR EYES LOOKING AT THE SPECIFICS OF THE ZOOMED OUT VERSION. See what BTC might do before thinking about buying any Crypto. I believe in trading when BTC looks good to bounce (continue/end current trend) and using BTCs the base-point for buying into and out of alts. Coins may trade on their own TA, but more than not, their TA will be affected by BTC. Due to the severity of the big trends possibly ending. Onto Iota. This chart is pretty basic and an easy way to find good support and res levels. These blue lines were put there in late February and have been respected on our way back through the .25-.5 retracal. The red lines are recent lines i just put up for now, as i am publishing this and id feel better having some information for anyone that reads this in case there is a delay in an update. Why be complicated when basic lines and MA tell you everything? On a quick glance, we are pretty close to the .5 retracal. I want to wait and see what happens. I want to see how Iota reacts to the resistance right above it. REMEMBER: One big things to note here is the day of the reversal of Iota's movement upwards. If we look at BTC around the similar time, we will see that BTC had its drop. This time inbetween is often where I see alts recover during the test. I look at it in respect to people and entities wanting to get in at the start of every new trend. So by buying into alt coins when BTC looks set to continue upwards on a bullish trend, when BTC looks to test before it drops, people can maximize their money. Check my BTC chart related to this and check the 28th and then the movements on IOTA. For any coin, this is a must to understand the pattern and movements of alt coins.
by TrendLINEBoys
1
Update BTCQuick update before work. Last night we saw BTC come back above the resistance at 7440 and confirm its support via a caught sell off. Wedge seems to be standard and often wedges seem to be determined by the area, not how long it has been there. Ill be looking for the price to confirm around 7589 for a good buy in and 7530 for a beast buy in. 7540 would be on the downwards trend line and the support level. I like things like this because it confirms two indicators at once. It seems the red trendline is starting to show accurate information more and more also. But overall it looks set up for the possibility of a very nice jump up.
by TrendLINEBoys
Time to Byte in? Bytecoin/BTCALWAYS LOOK AT COINS IN RELATION TO BTC . NEVER TRUST SOMEONE WHO DOESN'T LOOK AT THE RELATIONSHIP TO BTC. THE CHART IS INTENDED TO BE ZOOMED IN ON TO SEE CERTAIN POINTS. PLEASE DON'T KILL YOUR EYES LOOKING AT THE SPECIFICS OF THE ZOOMED OUT VERSION. See what BTC might do before thinking about buying any Crypto. I believe in trading when BTC looks good to bounce (continue/end current trend)and using BTCas the base-point for buying into and out of alts. Coins may trade on their own TA, but more than not their TA will be effected by BTC. Due to the severity of the big trends possibly ending. Ok, so a decent amount of info to see. At the current time, Bytecoin seems pretty bad to me. So from the top of this trend we see: .75 bounce, .618-.75 bounce, support below .5 pushing back over and holding at .5, from that .5 to .75 and then back to .5. Then an extension to about .9 and then a series of attempts to stay above the .75. My thinking is: where does the steam come from now? It matters not if BTC does well, but for me to want to buy into this almost without thinking, I would like to see BTC near my levels (6.9k) and Btyecoin around the .25. We can see that the upwards trend was broken several days ago, but we have found support on the .618. I think this may be some of those people hoping BTC goes up and are buying into it now. The movement hasn't been horrible, but neither has BTC's movement. Tl:dr : I want to see Btc hit 6.8k-6.9k and Btyecoin to hit the .25 to feel definite.
B
by TrendLINEBoys
IOST or BTC? ALWAYS LOOK AT COINS IN RELATION TO BTC . NEVER TRUST SOMEONE WHO DOESN'T LOOK AT THE RELATIONSHIP TO BTC. THE CHART IS INTENDED TO BE ZOOMED IN ON TO SEE CERTAIN POINTS. PLEASE DON'T KILL YOUR EYES LOOKING AT THE SPECIFICS OF THE ZOOMED OUT VERSION. See what BTC might do before thinking about buying any Crypto. I believe in trading when BTC looks good to bounce (continue/end current trend)and using BTCas the base-point for buying into and out of alts. Coins may trade on their own TA, but more than not their TA will be effected by BTC. Due to the severity of the big trends possibly ending. Not much to say besides it seems to be following the pattern of the sentiment of BTC. AKA many people believe in the BTC area we dropped to as the base point to go back up and re-test. We see the same drops and the same recovery on the 24th with the dip to 7,450 - 7,300 and the bigger recovery starting on the 28th from the 7k drop.
I
by TrendLINEBoys