DropDead_Fed

DropDead_Fed

I give it 20% chance... I would prefer to see a healthy 38-45% pullback towards $6-7k area as shown, but I can foresee this happening where it just does a small 10-12% pullback and then on to new highs if we close the monthly very strong above 11.5k as there is really not much volume above to resist...

DropDead_Fed

One potential pattern developing... a monster AnE pattern with the target almost exactly the ATH

DropDead_Fed

hold onto your reigns! This baby about to get wild!

DropDead_Fed

There are two CME gaps that have yet to be filled. Also we are at what should be some resistance from previous highs and consolidations areas just above. Perhaps these parabolic and linear trend lines offer enough resistance this time to send BTC at least back down to retest the two CME futures gaps.

DropDead_Fed

As much as I absolutely hate ripple token and everything it stands for, this could be an epic entry in both USD and relative to BTC trade entries!

DropDead_Fed

Let's see if next week we get some selling pickup which may prove this week was a dead cat bounce.

DropDead_Fed

If we see a similar repeat of 2015 or can expect the monthly resistance levels to hold this time, then I see these as two possible trading ranges assuming no more crazy fomo/crashing and a decent multi-month consolidation to take place.

DropDead_Fed

Bitcoin is on a weekly 9 TDSA sell which could spell at least another 3 weeks of steady down/consolidation for the bear case. This would thrust potentially entire crypto market cap under the support level shown here in blue. Will be interesting to see if it holds.

DropDead_Fed

From the last decade of Fed VIX manipulation and despite the plunge protection team's band-aids, the Vix spikes are unstoppable and will continue to provide amply opportunity to trade the corrections.

DropDead_Fed

Refer to my last post to see where we are next.

DropDead_Fed

Refer to chart for bull v bear TA signals emerged over multi-year. Watch for breakdown or breakup here... weekly bear div forming which I don't like yet... and with bollinger bands getting tighter and tigher the next eventual move up or down will be huge over coming months. I could see one more pullback to retest descending wedge breakout first before breakout...

DropDead_Fed

Silver just broke out last week on the descending bullish wedge. Combined with the Euro bullish breakout and gold making it's move to retest critical $1380 resistance means we could see the start of the gold/silver bull market!

DropDead_Fed

VERTICAL VIEW of my previous post. Watch ISM declining data. If it continues to decline, recession is imminent as shown by the values on the chart and correlations to past market moves.

DropDead_Fed

Watch ISM declining data. If it continues to decline, recession is imminent as shown by the values on the chart and correlations to past market moves.

DropDead_Fed

using the monthly 20 MA or weekly 100 MA (~equivalent), we can watch to see where markets unfold. Prepare to short the breakdown and take profits quick, the re-short at bull trap retest of the MA breakdown.

DropDead_Fed

using the monthly 20 MA or weekly 100 MA (~equivalent), we can watch to see where markets unfold. Prepare to short the breakdown and take profits quick, the re-short at bull trap retest of the MA breakdown.

DropDead_Fed

Wait till REMX breaks the descending red trendline and CMF starts heading positive. The vitals don't look great under the hood yet... but the stop is very nice just under that green multi-year support trendline.

DropDead_Fed

No confirmation of breakout so until that happens, silver could still continue on signficant downtrend. Once silver breaks out, I would expect a rapid increase to catch up with gold and massive silver COMEX shorts.