DollarCostAverage

DollarCostAverage

Posted this for a follower on twitter: I'm default bullish when price is over weekly EMA30. I've seen a lot of charts with this set up recently. If you think price can higher than all time highs (upcoming catalysts, macro), then buying anywhere here would be a good DCA starting point. Lowest risk entry shown. $ivn.to OTC:IVPAF

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Few understand this. Few are talking about it. Won't be long until the bloodbath begins.

DollarCostAverage

Here's a possible target. Also not shorting, but will upload to Tradingview to check back later. Seems like a good risk-on rollover indicator. NASDAQ:COST

DollarCostAverage

To me, it still looks like retesting pink channel is taking place. Not sure if it is some kind of risk-on leading indicator or not, but we'll find out soon!

DollarCostAverage

Not a good sign, if a 4/4 record of kicking-off a bear market for #bitcoin is any indication. #btc #ripple #XRPUSDT

DollarCostAverage

Just providing an update on the daily, for those watching.

DollarCostAverage

So far, looking like a textbook false breakout, and back inside the purple channel! Rejection. One more trading day left to confirm short position initiation. Tight stops here. NASDAQ:MSTR

DollarCostAverage

We are about to begin a wave 3 that should break out of ascending triangle.

DollarCostAverage

Is rotating out of stocks and into #silver the Chad move here? Rising wedge, HUGE duration!

DollarCostAverage

Looking for reversal confirmation within 2-3 weeks. To confirm this negative divergence, I'm looking for: 1) another {three outside down} candlestick pattern to play out 2) followed by a break of weekly EMA30. From there I'll place my short with a tight stop. Short squeezes are usually done by that point. Let the chart do the work, and keep your emotions in-check.

DollarCostAverage

I only follow bitcoin as an indicator for risk-on, but if that's a cup and handle or flagpole, they both point to the same measured-move target of around 125k.

DollarCostAverage

#btc is pennies away from printing a {double-top} priced in gold. Bull will want to see a daily close above blue. Still a long way to go to breakout past ATH, which was printed in Nov 2021. #bitcoin #gold #ethereum

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The greatest rug pull of all time is incoming. Absolutely similar negative divergence as the previous top. This Rug Pull will be written about.

DollarCostAverage

Is this one of those beautiful, big picture set ups? Not going to tag anything other than cup & handle on this one. What beauty, if so. In the last bull market for gold, this one did 3200% for the 188% move that gold did from 2000 to 2008.

DollarCostAverage

Gap filled and cashed up. Is this Livermore accumulation cylinder valid?

DollarCostAverage

The last {shooting star} on the weekly gave us a 61% drop in price. Are you mentally prepared for $28,000 #bitcoin?

DollarCostAverage

Had to switch to NYSE:AU for my #gold stock vs the stock market ratio chart because NYSE:NEM bad quarter skewed the chart too much. For your viewing pleasure and to come up with your own ideas. Is this a beautiful {three peaks} top? Is this a possible 1976 moment? Or a 2000 one?

DollarCostAverage

NASDAQ:MSTR : introduction to gravity about to take place. Massive blue channel must hold, or it's lights-out. Hold onto your hamburgers.