$BTC loves it's fractals. We may see a seasonal increase in price based on macro, short terms events. The CME $BTC futures gap @ $9.5k will fill IMO. NFA/DYOR
Beautiful channel to trade in. If you're watching $BTC and can trade it, you can also trade this. Yellow line is a gap.
Interesting to note the S&P 500 in the DOT.COM bust and the GFC hit the 50SMA (simple moving average) in the first quarters of 2001 and 2008. It seems, from a macro fractal point of view, this could very well be happening again. If so, the market may rally though the typical October-December historically positive market months, and crash early in Q1 2023. IMO the...
Alarming context for the dollar. The USD will appreciate as QT and the global recession accelerates deflation. When dollars are scarce, they will increase significantly in value.
This is where I will be parking 401K money for the next 6-12 months. Large $TLT gap to fill at $168. Bonds will outperform as the market declines one last time before the recession. NFA/DOR
Clear macro double top on gold. From my perspective, gold will trend down towards $1,400 in the coming deflationary environment before it making a reversal. This is the monthly chart:
$VRA chart update - Verasity is showing a clear fractal pattern. The target for a new ATH is $.14 cents by December of 2022. IMO now would be the best time to accumulate. NFA/DYOR.
This is the chart of quiet accumulation. Selling pressure is gone, major fundamental milestones about to be realized. The next time $VRA goes past .03-.04c it won't come back. Stepping stones to $1 and explosive moves in between. The world is buying up and mining $BTC. All of this is bullish for $VRA.
The reality is the Dollar is the only safe haven at the moment. Rising rates, Covid, supply chain issues, geopolitics and the threat of war - these things will force investors to flock to the dollar for the next several months at least. A rise in the DXY is inverse to crypto and equities. We are on the precipice of a giant Bear Market.
$BTC update. These CME futures gaps have a 70-80% probability to close. This means price must return to those levels to 'fill the gap'. High volatility and large wicks are long overdue in crypto and in the legacy equities markets.
Waiting for a $41,600k retest then decision time. At some point volatility will start to come back. Good luck to all.
The moment of truth for $BTC is quickly approaching. We will know soon if the Bull Market continues or, the Bear Market begins. The fractals in the ovals are very similar. $BTC has moved higher after they have played out recently. 10YR treasury yields are moving higher and the DXY looks to be very bearish - this is bullish for $BTC generally. Volatility is about...
Are you ready for this in the New Year? $BTC Bullish W forming per textbook. The Bear Market will come, but it's still months away..
$VRA looking to break the current trendline and make another move higher. The fundamentals of the coin/project are not reflected in the current price. This is the most undervalued crypto gem in all of crypto. If you are in early, you have already won.
Extreme Bearish MACD cross on the $BTC weekly chart. Tomorrow's CPI print may be the beginning of the deflation of the stock market and could drag $BTC & Crypto into a long Bear Market. 4 year cycle pattern is over.
Follow this log scale trend-line and $VRA is staying bullish. Crypto winter will come and coincide with the correction in the equities markets however, E Sports and advertising are bear market busters if you are invested. LFG!
$VRA reversal doji prints on the 12H time-frame. Stronger buy volume coupled with bounce from .07c FIB level, MACD + RSI and 34 EMA bounce suggest reversal is coming. Pamp it and HODL!