Expected stocks to have another sell-off today and we can ride the channel down further. All things converging now... can you feel the uncertainty in the air?
We have the rising wedge. We have what appears to be a break from the rising wedge. We are in the wailing throes of the Exuberance phase of the market. Who knows? Maybe we are already in Euphoria, and the next few weeks start to grind down - from Anxiety into Denial. Maybe the dip just keeps dipping, faster and faster. In the meantime, I'm going to play the...
We may not be topped out for the year, but we are close. This rising wedge breakdown may get retested, and then fall roughly to the red parabolic curve line. There it will find support and begin the final parabolic journey into outer space, which we shall dub "The Return of the Roaring 20's" and "Roaring 20's 2.0". Nothing new under the sun. This is...
Have we skipped the final markdown phase of distribution and gone back into accumulation? Fractals... fractals everywhere Btc.D also primed now for a move back up to 53% Dominance rises fastest when btc falls, yes But it also rose in October 2017 as the market contracted back to give bitcoin all of its energy for the final push that rocketed btc 6x during the...
Expiry tonight on open interest calls and puts is concentrated pretty heavily at the 42k max pain price. I bet we make a little fall to there in the next 3 hours.
In America, we are entering the fall But in Blockchainville, springtime is chirping its call.... Digital assets were having trouble, what a sad, sad story They needed a new leader to restore their former glory Where, Oh where was he? Where could that coin be? We programmed around and then we found The digital ledger for you and me And now it's.......
A perfect example of another rising wedge breakdown that is going to get retested in the coming weeks. On November 15th press Play on this and watch it grow to the .382.
We are still nowhere near the short-term low price targets on the coins I was hoping to buy. That being said, I got front-run on the True super low targets earlier this year by the Powers That Be, and I'm Determined not to let it happen again. One day, the lowest of the low targets I am waiting for on the coins that I've charted WILL be reached. I will buy...
It's Majin-Doge! My magical Musk coin, with massive market manipulation Mind your manners, this masterful mammal is much more than a meme Now materialize money and make it your mission to magnanimously mine this major
Set your phasers to Accumulate without getting Graph ic its pure Chart porn '. ; : ; ,` '-. '. ; : ; ,` ,-` "-. '-. '. ; : ; ,` ,-` ,-" "-. '-. '. ; : ; ,` ,-` ,-" '"--. '"-. '-.' ' `.-` ,-"` ,--"` '"--. '"-. ... ,-"` ,--"` '"--. .:::::. ...
This is a no-trade zone for today folks. If it pumps to 47k, it's a sell. If it drops to 39k, it's a buy. Shorts are accumulating rn due to the bearish news in regards to China. That could mean we go either way, so take from it what you will. At the moment I'm leaning slightly bullish toward a minor short squeeze above 45k resistance. We could then start to...
The news doesn't matter. The chart has a preset trajectory. I am a little fish in a big pond. I see what you're doing there, Bitcoin.
Bitcoin has revealed itself to us. We are now in the wave 2 corrective impulse. We may go as high as 50k. This was a sneaky turning point which could not easily be interpreted on the lower time-frames. The slightly bullish-engulfing 4hr candle and the hourly RSI divergence were about the only clues. I guess I could have calculated this based on the start...
I was watching the movie It last night and fancied this a fitting title :) The 200-day EMA is getting tested today. Do we close it as support and move upward? Or are we slowly deflating this balloon until everyone realizes its done floating for now? This is the most bearish scenario in the event of a full-on market crash in the very near future. I am looking...
That massive downside candle Sep 7 leading to a bearish engulfing on the weekly makes for an easy short in this range. The question is, how far down do we go? My guess is we go just far enough south for retail bulls to start to panic and for bears to start licking their chops, after which we will begin our next bullish macro pivot point. We know how btc likes...
Anticipating further downside. I hope it works out like this, if we push up to the top of the next range that would invalidate the theory that I've been working on.
My previous idea showed a possible jump back up to 48k from 43k as the bullish scenario. But my initial thought and the one that looks more and more likely was that wave 2 was a sneaky move to the .5 fib directly after the massive fallout on Sep 7, and that we are now in the middle of the big wave 3 downward. It is possible to have extremely short waves...
I am forecasting the potential path of bitcoin over the next few days. Firstly, we may continue to consolidate for a few hours and close the daily slightly green. After that I would expect another wick to the downside, where we will tag the .272 extension target at around 43.1k. This will create a higher low which will give us enough gas to use as a turning...