In markets there are Bullish and Bearish cycles. These cycles can be further divided down into phases. These phases include distribution and accumulation phases. Today when we look at the 4-Hour Renko Brick chart we can identify something quite interesting. At the same time that price has rejected the 4.236 Fib (Measured from the 2017 high to its following bear...
Since I know there are a lot of Crypto fans out there, and not all of them are CRYPTOCAP:BTC Maxi's. I present to you the wave counts on the CRYPTOCAP:TOTAL2 ( NASDAQ:ALT Chart). The key with this chart is the counts, but also the fact that the 2nd wave correction lasted 9 candles, and this current correction is at 9 candles (Remember: Each Candle is 3...
The only map you need into year end. Enjoy 60% marks top of dominance
Friends, I know things have been slow, but I have not had too much to add as of late. We EXPECTED August weakness. At least those of us following. That said, there is NOTHING that should shake you from the good things that have started and are still are in tact! That goes for MIL:BTC AND EQUITIES!!! In fact, many crypto/equity holders lose money BECAUSE THEY...
As we expected, the SP500 hit our 4600 target and has begun its late summer slump. Along with the recent slump, we now have technical evidence that we still have some more work to do to the downside before the upside resumes. This is evident in the Ascending Bearish Wedge being broken to the downside. My initial thoughts are we drawdown to closer to 4200. This...
Since I will be moving my chart work here, I wanted to share what the CRYPTOCAP:BTC WEEKLY CHART shows. Currently it’s a 50/50 coin toss. Easy cop out, right? Well before you suggest I’m getting off suggesting it’s a coin toss. Let me explain why! 1) we have a Bullish weekly RSI MA cross. 2) But we have a bearish weekly stochastic, 3) Then to add more...
Since it's been a while since I have posted on Trading View, this seemed like a PERFECT TIME to post my thoughts for the second half of 2023. As we cross over the halfway mark on the year, we have been quite correct on our call for Risk to rise into 2023 (in spite of 90% of the sheep suggesting otherwise). Now as we enter into the last month of Summer, there...
While I was forced to delete twitter, they can’t make me delete my trading view acct I have been buying EURONEXT:ALGO
Friends, I know it has been a while since I have posted on Trading View. That said I wanted to give a quick Monthly Update on $BTC. Regardless of all the Bearish sentiment and $10K calls on social media, all I can say is that either Bear's are trolling Bulls, or they simply do not understand high time frame technical analysis. Either way, the facts are that we...
Friends, I hope you are all having a great start to your week. I wanted to share the $USD chart with you all. As many of you know, we called the TOP on this chart when we went parabolic last year. As we take a look at where we have come, we can take away TWO things that are critical to note: 1) Stoch/RSI has given the all-important Bear Cross, & 2) We printed a...
Friends, I hope you are all having a lovely week. I know I have not published a chart on Trading View in a while, so after a volatile week in equities and crypto, now seems like as good a time as any. As for the MONTHLY Bitcoin Chart, while we have not been given the "Green Light" for the Bulls, we are VERY CLOSE to seeing our Stoch/RSI and RSI Moving Average...
Friends, I hope you are having a wonderful Wednesday. I wanted to combine two aspects of separate charts that I have posted before, but never together. The attached chart is the MOST important chart for determining long term trend and also determining EACH cycle top and EACH cycle bottom. The TA is simple, but incredibly powerful! It combines the Logarithmic...
Aren't you glad I am here to do all this?! LOL Just wanted to post an update on our WXYXZ EW Count. As long as we don't lose our 2022 Low, the path ahead belongs to the Bulls. Without getting into the specifics, the Basic Count is complete. Add to that we are over the 50,100, and 200 MA. Tell the Bears to go pound sand. But be nice to them when you do it. :0)
Friends, I hope you are having a lovely week. I wanted to post my grand thesis here on Trading View. The chart truly speaks for itself. But to sum things up, my technical opinion is we have one last hated rally to go before our REAL collapse begins. Best thinking is sometime between the 2H 2003-1H 2024. The bottom line is while we predicted a tough 2022 in late...
Just posting this, since its been a while since I actually posted exclusively to Trading View. As for the chart, it speaks for itself. Bears getting overly zealous here are wrong footed in my humble opinion. Oscillators are bottomed and time has been near identical to prior cycle tops to bottoms. I am Bullish
Friends, I pray you are all having a lovely start to the week. Since everyone is SUPER BEARISH, I needed to repost something that I have been trying to explain on my social media posts. First, Descending Broadening Wedges ARE BULLISH CONTINUATION PATTERNS Two, the $DJIA Remains over its 20 and 50 Weekly MA's Three, Sentiment is as bad as I have seen in years....
Friends, I hope you are all having a wonderful week. Today marked a key candle close for $BTC. And as luck would have it, it coincided with a "pivotal" Fed Day, sending equities screaming higher. For my crypto friends, we can gladly say that we have a candle BODY close over the key monthly .786 Fib! This is a BIG deal and gives Bulls a shot at much brighter things...
Friends, I am here to help anyway I can. I think this might do the trick. I have been through a few Bitcoin Bear markets, and I can promise you each was painful. And just like now, people expected MUCH LOWER prices during the times they should have been buying! Quite frankly many had simply written off $BTC altogether. Case in point March of 2020 (The C19 Crash...