We are entering another area of risk with crypto now that cycles and indicators are saying a drop is coming...
The new system is finished... and the indicators are signaling that July 4th remains a concern.
The Bear Rally looks like it trying to start, but we have a small cycle bottom coming up and the new system \chart layout is now giving more information that is very useful...
Bear Rally seems to be starting, but indicators are saying maybe small hurdles are coming up. July 4th keeps coming up as important cycle day...
Indicators continue to signal a bottom, but we are simply waiting for the MACD to actually tell us when to re-enter. We patiently wait avoiding all the carnage if you follow my strategy.
We are now seeing the start of this BEAR RALLY, but we have two days this week that can cause problems. Wednesday and Thursday when Market God Jerome Powell (Fed Chair) speaks to Congress and Senate. Basically, he is going to give the US economy report card to the politicians and then also the more important thing... he will give his commentary on the remainder...
Signs of the Bear Rally are now forming with confidence on the charts and on the MACD. Seems like the small rally is in the infant stages and likely to accelerate this evening... NOTE that I believe this to be a BEAR Rally, so don't expect New All Time Highs here... follow the Charts the way I show you.
Final days or hours it seems before a BEAR RALLY begins. I would not call this a Bull Rally, but a Bear Rally. Still.... a rally nonetheless.
Charts are now FINALLY bottoming, but there is still one last FINAL set of challenges coming up, which could drop BTC to 12k... but if you are following the charts like I do, you should avoid the massacre going on.
No signal to re-enter the crypto market, but I did visually spot something somewhat positive without the help of indicators.
No change in charts and no change in signals. All is still mixed and MACD on the 2D says to stay put. nothing new to report.
MACD said don't bother looking at the price and sure enough nothing happened. Price is still not moving in any direction. I also showcase for the newbies out there how to spot major moves without being an expert.
Indicators have bottomed as a majority and it seems there is a rally about to take place as majority of indicators have bottomed... However, cycles also show a possible rally. Hard to tell how large it might be, but so far indicators signal that we have one incoming.
Last video before Market God Jerome Powell speaks. Good luck people. I will see you all after his speech. Link to his live speech is on my twitter feed now. Cheers and good luck.
Video updates before Market God Jerome Powell Speaks today.
Final video until Wednesday when Market God Jerome Powell speaks. Projections are in this video.
More date coverage before my final verdict on what is coming.
Covering more data in preparation for my forecast.