MonetaryRebel

MonetaryRebel Updated 

N/A

MonetaryRebel

May have just finished a wave 4 expanding flat or the B wave of the major wave 4 retracement. I think it makes sense to expect a steep drop before we bottom. This should present a major buying opportunity if you can save up some liquidity. (Not financial advice)

MonetaryRebel

Moratorium has ended. Let's see what happens.

MonetaryRebel

Let's GO!! Look at NEO and other cryptos that have already broken out. EOS is primed and ready to fly. (Not financial advice)

MonetaryRebel

EUR/USD just broke multi-year resistance a week or two ago and now looks like it's going to the moon. Dollar to the floor. Looks like equities are shooting up because of this although it's not good news in the long term for the U.S. (Not financial advice)

MonetaryRebel

Looks like we broke support and that precious metals may be leading the market lower. Ooops.

MonetaryRebel Updated 

Multi-year breakout seen here. If you look up closer in the 2-4 hour charts you can see what looks like a flat consolidation forming with a 3-3-5 structure. From what I can tell that flat is complete and we are now continuing our push to the upside. This breakout supports the notion that we will experience a blow-off top in the equity markets caused by a...

MonetaryRebel

I see 3 bullish structures that look nearly identical. Seeing a lot of 1-2 1-2 setups in the cryptos. EOS is going to moon. Just wait. (Not financial advice)

MonetaryRebel Updated 

Look at the 5 min chart I post in the update to see up close. I think these 2 wave i's look like mirror images, indicating a wave 3 extension should be coming soon. Target = $1.75

MonetaryRebel

I like the way things are holding here. The correction may not be over but sellers are losing interest and I think we could see $7 before the end of the year. Either way we're pretty oversold so I think buying and holding for a month or two at these levels could be fruitful. I like this as long as btc stays above 30k. Not financial advice.

MonetaryRebel Updated 

I'll put an update with the 5 min chart so you can see the structure. C extended to 1.236 of wave A. Might just swing up to 4.50 and sell off again, but this also has big potential if the altseason manages to start again. SAND popped like crazy OXT is popping today as well... Seems like certain coins are getting pumped. (Not financial advice)

MonetaryRebel

Vol has awoken. I repeat. Vol has awoken. Bears UNITE! 1 min chart shows clear bottoming pattern, plus impulsive price action to the upside. I'm seeing impulsive fractals meaning 1-2 1-2 With all the new supply of dead bulls in the future, we'll have to turn them into hamburger or something. How does bankrupt hamburger taste? Would you like some forbearance...

MonetaryRebel Updated 

Multiple Fibonacci indicators overlay right around this red zone. Large area of resistance. RSI is very overbought now, similar to other peaks. But whatever... Just keep buying it if you want. Money printer go Brrrr. I bought more puts. What can I say? I like hurting myself. I don't care anymore, and am a very depressed bear today. Hopefully these feelings...

MonetaryRebel Updated 

BEARS UNITE!!! Bulls better cash out their chips while there's still money in the casino! I shall use their tears to sweeten my tea and their pride to butter my biscuit. (Not financial advice)

MonetaryRebel Updated 

Sorry for the mess friends. I have been watching this run up the whole time as its been forming and the continued price action has only confirmed what I've thought the whole time. IF I'm correct and we finish wave ii (circled) with an expanding flat formation, following a leading diagonal...BIG IMPLICATIONS. I'm hanging my hat on the belief that the big green box...

MonetaryRebel Updated 

Ending diagonals are my new favorite formation. Been seeing them in a lot of stock charts lately. This one looks pretty clear. The wave 3 structure is gorgeous. RSI broke down when we entered (iv) and we've been retesting the bottom ever since. All these things are big indicators that a pullback will happen soon. -40% seems like a lot, but that's what the chart says.

MonetaryRebel

We might be finishing a small ABC correction upward. OR We might be entering the 1st wave upward in our climb to 100k+ IF we close below 34,000 that would indicate the Red path is most likely. IF we accelerate above 38,000 that would support the Green path. Kind of in limbo until we get movement one way or the other right now. (NOT FINANCIAL ADVICE)

MonetaryRebel Updated 

Drink...my....HOT......KOOLAID!!!!! Just my observations looking back on all the events during this credit expansion cycle. VERY interesting when you look at the RSI indicator below. Look at all the historical market events that correlate to exact tests. ***The Cryptocurrency markets will lead the way off the cliff. We may have already started... I really don't...