AssetMasteryandInvesting

AssetMasteryandInvesting

As title states, FOMC is on target with expectations - time to long!

AssetMasteryandInvesting

Hi Traders, Just following up the prior capitulation posting, which is still the trend given how the weekly-monthly are looking. Wanted to point out the possibility for a quick pump upwards to the 20.2-21.8k area still is very possible and might be a short term move on the FED news BUT that should be treated as a fake-out. I expect the MONTHLY candle to close...

AssetMasteryandInvesting

Hi Traders, Sorry for the lack of updates recently, missed the short opportunity but did catch some great long trades when BTC hit low 18k (since closed now). Now we are 39hours away from the FOMC meeting, one should remember - the market does not react per-say to news but will use the news/events to justify price action in either direction. News can be spun in...

AssetMasteryandInvesting

Hi Traders, We had some heavy news with FEDEX announcing their thoughts on a coming recession and massively reduced expectations. We needed to see some positive action from the market on the Friday to consider BTC able to attack the 22-24k again. NOT likely anymore for now. We will likely still see the quick move into the 20500-20800 zone to clear shorts and...

AssetMasteryandInvesting

Hi traders, Just a brief follow up chart from earlier today. 1) CPI was negated by the Uk/other countries figures being as expected not worse, hope remains in the fools mind that inflation is over. It is popular belief that inflation is going to be smoothly reducing (unlikely) AND the MM are going to play on these expectations the most in current times. 2)...

AssetMasteryandInvesting Updated 

Hi traders, I'll make this fast as possible, but the indicators are giving a premium signal for longs as each timeframe has no lined up perfectly for an upward swing to hit. Looking to see 20800 taken first and then 21800 area. Time to get on the longs. Entry 19650-19800 SL 19395 TP 1 20800 (20%) TP2 21800(20%) then we assess whats after. goodluck, Asset mastery

AssetMasteryandInvesting

Hi Traders, An update for BTC, we can see the upward momentum has sharply dropped on the CPI news - that was to be expected. But is also positive for another pump upward given how sharp the move was, a slow bleed would lend to holding shorts but the quick dump suggests MM may want to send price back upward again for the real final moments before a cliff dive...

AssetMasteryandInvesting

Just posting a quick update for BNB, one of the best coins to Long given how smoothly it rides upward (thanks CZ). As highlighted by the Orange circle the CPI data has begun the downward move BUT we are yet to see expansion lower at this moment. The FED interest rate decision highlighted by the yellow line (20th-21st) will be the catalyst for the next move. BNB...

AssetMasteryandInvesting

Hi Traders, Well yesterday we scored an massive 9% swing on the ETH trade/slightly lower for BTC but still very good! Now we are seeing that the higher TF's are not reacting to the brief upward push, makes me think its just a fake-out/SL hunt... Was always possible. These 24hours are vital, we have EURO interest news and also another FED speech - combined with...

AssetMasteryandInvesting Updated 

Hi Traders, Normally i would stick to BTC but given the merge/bullish momentum ETH holds at present i think % returns are greater for longs on ETH. As we can see, despite all the calls for 10k BTC the technicals are not yet ready to enter the expansion lower zone. MM has pushed it to the very edge but we should expect the unexpected and it certainly looks like...

AssetMasteryandInvesting Updated 

Some time has elapsed since last posting and we are in the beginning of September. Now, as traders we are not married to ideas or charts - when factors change, so should we. Now we can see the downward trend on the high time frame is solidly in control and we will be seeing further lower hit BUT lets pay attention to how the lower TF and the 12H for example is...

AssetMasteryandInvesting

Timing is everything for the MM. If you are thinking deep down that the massive drop for capitulation seems too good to be true (3 clean falls in a row) well, trust that voice - its right. As we can see price action is holding the 6H indicators up at the support area, meaning price is not yet ready for massive expansion. I did not show the other TF's...

AssetMasteryandInvesting

Hi traders, Just pointing out the likely play the the MM to hit before an end of this brief rising channel for BTC. Expecting 20.6-20.8k to be tapped for SL hunts and then the dumping will commence. Be sure to have short SL above 20.9k Now the 1hour did print a rejection already but in true crypto fashion we should expect the unexpected. Now the final exit...

AssetMasteryandInvesting

Hi Traders, I didn't post any update yesterday but i hope you didn't close your shorts based on emotions. We said before that each significant number will be supported slightly on the way down, as 19k is being. But a barely $800 move is not a reversal... still on the way to 16k as shown by the indicators/trend remaining. I should have said before so it would...

AssetMasteryandInvesting Updated 

Happy Monday traders! Mondays never felt so good, well if you are shorting and not buying to moon boy posts. So Just a quick update for the crash soon to hit, the 6H has broken VERY clearly and closed below the supports - if its not clear as day where price is going now then you are too late on the shorts. I don't recommend shorting now as the risk/reward...

AssetMasteryandInvesting Updated 

Just posting a quick update for the short 'crash soon' post i made recently. Importantly; a) We are seeing NO upward action at all from the 20k line (price barely bouncing a 100-200 on break out attempts), super bearish signal meaning MM are being heavy handed on the dumping and unwilling to risk pumping. b) Technicals on the 3H/6H/12H/1D ALL SHOW price...

AssetMasteryandInvesting

Hi Traders, I have labeled this long but WE ARE STILL BEARISH AT PRESENT, just giving the heads up for what I expect to play out and how to trade it (as I am). We have just over 1day left on the weekly candle and given how price is moving at present we are on track for the new low 15.5k-16.8k within 24-36hours give or take. Now we can identify the trap which...

AssetMasteryandInvesting

As shown by the yellow boxes, BTC has intense downward pressure - the likes of which we see in flash crashes, to be expected if our target is 17k-15.5k I have lowered the potential price target for BTC to 15.5k because it certainly is within possibilities but i do not see 14k being hit YET. 19.8k is holding at present however weakly at best. Expecting price to...