TwistedHWAY

TwistedHWAY

Using technical analysis we can build a chart with a couple indicators and a few arrows to draw whatever we want. The point is to make you question the bull flag thesis. If it's 50/50 which thesis is correct, what is the use of technical analysis.

TwistedHWAY

Technical Analysis: A series of lower highs since the peak in March, indicating weakening bullish momentum. The index has recently broken below a significant support level, suggesting further downside potential. - The current price (4,747.5) is well below the recent high, showing a sharp decline. - We also see a bearish white swan pattern. - The wave trend is...

TwistedHWAY

As the black swan pattern reached TP1, it's already been activated. Now we have a bearish symmetrical triangle. We have additional confluence with the wavetrend 3d indicator as the momentum is trending downwards after remaining flat (compressed). We also have AlgoPro indicator adding some additional confluence to the bearish thesis. Your trade your risk, this is...

TwistedHWAY

Here is a normal market cycle. We are at complacency. We can see the BTC is following this pattern. Therefore, if you are holding bags, now would be a good time to consider selling. Time to look for short opportunities and ride the down wave. Not financial advice.

TwistedHWAY

BTC has been consolidating in the ~60k to ~70k region for a while now, indicating buyers and sellers are comfortable with this range. While BTC is and always will be volatile, there is likely an opportunity for a long term trade. To mitigate the volatility, a wider stop loss may be considered with the 56k region being a possible area where a structural change...

TwistedHWAY

It would appear BTC is in a downwards channel, and we are at ideal shorting point in that channel. In the shorter time frame, we can identify a bearish flag. By drawing trendlines, we can identify the risk area. As long as the channel continues, we have a good opportunity to short. This is only an idea and nothing more, trade at your own risk. This is not...

TwistedHWAY

With bitcoin being in a state of uncertainty, AVAX has been in a downtrend from the 150 area. Reasons: - Lorentzian classification sell signal plus - ML Pivots breakout area at 26.72 (possible resistance) - Low volume in the area meaning possibly little resistance to a downwards movement. - If it does manage to break this consolidation area, the VPVR volume...