Still feeling bearish, but for now some short term bullish signals . As long as we don't see some change of trend, like sideways consolidation or a bonce to break the downtrend channel we must be careful of catching a falling knife. the number one thing i would love to see to convince me of change of sentiment is capitulation in volume. price did hit an...
The narrative is btc is not a save haven , yet, it is consolidating just like gold did, nothing like the stock market. I am a bull, expecting to brake up. but it will take a bit more time, but btc sometimes can just pump and leave everyone behind. how ever beware, it can brake down, and go as low as 14k , I am not expecting that personally. But with todays events,...
becareful, this are not very good signs. i know fundamentals are strong, but this month we had two big news and this is the most bearish month candle ever i seen in tesla. this should be the opposite effect. not financial adavice, just sharing my view, and monthly chart does not seem bullish. Becareful out there. i know this wont be liked, but all are pushing...
if cup and handle plays out, boy o boy i hope we can hold support on the triangle base. also looks like a fractal triangle like in 2019-2020 brake out, need to brake resistance with volume and retest line as support, for fireworks. still lots of work for the bulls i will be taking a bit of profit in the resistance top line of triangle to have some power if it...
this wont be liked, but it is what it is. if we cant brake chanel aupward and retest as resistance, remains bearish. 3 day chart so far has turned in to a scary bearish engulfing candle, however one more day to close candle. indicators showing a hidden bearish divergence, price has printed a lower high, how ever indicators are the opposite. Usually tells me...
this is text book wyckoff accumulation, looks like it is entering into the spring face, and most exiting one. very oversold. very negative sentiment this is the type of chart a go long. beatuful abc formation.
very bullish indeed for me. patience is the name of the game, there is no race to anything. Gold is not Death, IT ONLY HAS SURVIVED THROUGH HISTORY. IT DOES NOT NEED TO RUN BC GOLD WILL STILL BE MAKING HISTORY OF THIS TIMES.
- the fractals are there, implying base on history that we are retesting strong resistance that turned into strong support. - all previous cycles show same fractals at different angles as btc gains adoption. suggests cycles are elongating and stabilizing, as adoption happens. - indicators show some buying opportunity or accumulation zone. -predicting time and...
I wish both sides stop arguing who is death, bc I see more correlation between btc and gold and two twins, litecoin and silver. The point here is not who is or who is not, they both are against inflation and wealth preservation. i see they both deliver. hope this puts and end to arguments and join forces for the better against the real problem, centralization...