averkie_skila

averkie_skila Updated 

Look at the size of the reversal pattern that has formed. It looks like a year and a half long sloping channel. I put a 3D Renko to remove all noise, and left only VFI LF. That's the way it is. Regular bullish divergence and very persistent. I believe there can be no real (as we like 3-6 months, not these "2-3 day alt-seasons") alts pumps in 2023, because...

averkie_skila

So, the idea of a channel that would lead to the 3350 level did not work out. Ignoring the bearish divergence, the SPX pump to the August 2022 level and closed the week with a shooting start at ~4300 level. The Cluster Algorithm reports that there is overbought on the 1D, 2D, 3D, 5D and also 1W timeframes. But it may take another 1-2 weeks before it is fully...

averkie_skila

BTC made a cross of the middle lines on the weekly MACD. It always works reliably. We can see that it also falls out of the channel. There was a lot of growth confidence. The market did its usual trick, went against it.

averkie_skila Updated 

We have a serious bid on weekly USDT dominance chart. It's just getting started. We have a whole summer ahead of us.

averkie_skila Updated 

Yes, it's gone above 28,000. As much as 4,000 to 4,500 higher maybe. And top probadly ~$32500. But the rally is explained perfectly if it turns out to be a bearish megaphone. And then another last leg down to its lower boundary is warranted. After which I will no longer be bearish. As usual, if you don't have to, you can look at other charts.

averkie_skila Updated 

Wzuppp! This is not a trading forecast, but an attempt to figure out Cluster Algorithm II indicator. As I understand it's a clone of the thing from these guys . And even though it's supposed to be an intraday tool, I used a 1W. Usually, such indicators reach a high or low, after which they change their colour and direction. But here we can see two episodes that...

averkie_skila

Cluster Algorithm tells us something. Let's check both signals. It's a study.

averkie_skila Updated 

So, I opened the trading chart 1M hasn't turned it on for a long time. The Kijun-Sen line crosses thin neck of the Kumo cloud. In fact, the candle is hovering in that thin neck!!! If the March candle opens behind the cloud, there is enough of a bear market for all of 2023. Also, the white line is a simple 200-day monthly MA. Also the orange one is daily EMA50....

averkie_skila

Hi. I want to show you two SPX charts, one for 4H and other for 2W. And tell you why I chose them, as well as how uncertainty can affect the price. Left screen. Enough signs for a decrease. 1. Spin top. 2. Gap down. 3. Tenkan-Sen break. 4. Bearish divergence. We can say that the next month will develop a downward movement. But in what larger situation is this...

averkie_skila Updated 

First monthly green bar on SQZMOM since oct. 2020. I'm not looking forward to the alt-season. There is a transfer of expensive coins into impatient hands. Don't follow my ideas don't believe me if I disrupt your plans. Trust yourself at all times. Be anarcho-individualists, and despise pack. Do you think I'm wrong? Do it your own way. Responsibility for...

averkie_skila Updated 

This gap has given a headache and it seems to be the one and only reason for this rally. Note the decline in futures volumes. The market demands a normal accumulation.

averkie_skila Updated 

In fact, I'm already holding a short position with a bit of a minus, but I'm counting on a long trade, I don't like jumping in and jumping in and out of trades five times a month. Overall I agree with this idea (thx @Trader_CD ) is probably a huge Wyckoff accumulation going on and in 2023 we should not expect a significant move out of this range. I rarely...

averkie_skila Updated 

Hi all. I wanted to not only find important signs on the 1M chart, but also experiment with 1D chart. I know so many people have a literal skin itch until they find the head and shoulders on the chart. Once head and shoulders are found, life becomes much easier and the chart makes sense. Ditz-bums! Here is a strikingly similar story with SPX, some peoples...

averkie_skila

Hi. Many people were surprised by the growth in the pair BTC/USDT, everything was going so beautifully at least to 19-18 thousand down. Where did this rally come from? From the panic caused by the situation with USDC, which in turn stems from the situation with Silicon Valley Bank. Voila! People wanted to get out of the USDC by any means, at any cost, with...

averkie_skila Updated 

For the first time in trading history, Bitcoin will close under 50MA on 1-month chart. This is besides death cross on the 1 week chart. Again and again, I urge those who are in love with 1-4 hour charts to watch the larger timeframes. Unique events are happening and we can see that they are having an impact. Who's to say how long the bear market will take now...

averkie_skila Updated 

Hi. There's no harm in checking. Let's look at 1/BTCUSD and leave the clouds clear. That's the way it is. There's a strong resistance test going on right now, which is around the $28,000 level. The cloud has a pronounced support level. After it will go the final test of the bottom.

averkie_skila

This is the first time the default exit signal in a situation, when average line is red and in addition candle is under the line. Let's watch. At the very least, this is strange.

averkie_skila Updated 

An ominous sign of real uncertainty that hasn't happened in a long time. Maybe SPX price will not eventually cross green Kumo cloud and support will come from e.g. EMA100 on the monthly chart and later a reset market will show growth. But tearing up from here is a very precarious position.