Part two of the charts in order to make sense of what is happening with Bitcoin.
Covering charts in detail and will upload more videos today in prep to Jerome Powell this Wednesday.
The Data is now saying that a rally is very close, basically days away, and the charts are now saying the same.
The long awaited signal has finally been triggered. So much to cover that today is a two part setup.
Charts remain all over the place and I am unable to give accurate projections once again. However, we have a MACD VS a BEAR FLAG... Which one will win???
Quick update while I am at lunch at my job. :) Enjoy
Charts are back to neutral after the massacre that took place today. Unfortunately, charts are all over the place as well that I am unable to forecast or project price targets tonight.
Charts are finally ready to signal a breakout, but CONFIRMATION is now imminent I am simply waiting on the confirmation before I begin to mark my videos as bullish. For now I remain neutral until I get my signal which is VERY CLOSE to triggering.
Charts are very mixed, but there is a chance of a breakout in a few days according to the charts. I know people are super Bearish, but I follow the charts and I go short when they say go short and I go long when they say to go long.
Charts continue to signal a rally is inbound, but I do cover the charts in a new way to showcase how powerful the MACD indicator is when used correctly.
Charts have gone neutral, but no new signal to sell... In other words, I am not bearish, nor bullish, but neutral and watch the video to see why.
I am still neutral until I see confirmation of the breakout, but I have been cost averaging in for days now so I am sitting very happy with gains. We are very close to confirming the breakout, but I need it confirmed before I mark my videos bullish.
Charts continue a positive momentum, but the charts have a small pullback coming. I suspect it may be the whole Sell in May and Go away thing, but it may be short lived. I am waiting for a specific event to take place. Hopefully people have been cost averaging in since I mentioned several videos ago.
Second video for today as the charts are playing out exactly as we expected... HOWEVER... we have 2 days left in the month and there is one timeframe in the charts that can still cause problems. Enjoy.
Charts are now pointing to a rally starting very soon, but there is one final small obstacle in the way. Enjoy.
I remain neutral since charts are neutral, but they are showing signs of another decline... Possibly part of the old "sell in May and go away" expression. Regardless, I charted Ethereum today along with Bitcoin.
Charts are finally signaling a small relief rally is inbound, but our final hurdle is the FOMC tomorrow... regardless, the charts are now signaling a small rally here. NOT A LONG, but a small rally... :)
Tomorrow and Wednesday are critical days... Tomorrow Jerome Powell speaks again and then on Wednesday we have FOMC minutes... These two events always... always... move the markets.