chillingeffects

chillingeffects

Okay, on a more serious note, if you have made life changing money from holding on to GME, for the love of god please take some profits. Pay your bills, mortgage, help out your family or someone in need. I am saying, nobody really knows where the top can be, or if the squeeze is even completed. For all we know Melvin/Citadel already drove the price into sub $100...

chillingeffects

From history, crypto likes to rally hard, then enter painfully long corrective phases to bore us out of our positions. I do not typically use elliot waves and find them pretty useless, but heres a scenario I cooked up in case it actually plays out on a longer time frame.

chillingeffects

Bitcoins insane rally has come to temporary pause. At this point, I don't believe we have reached a top and could well rally up to $50k, $52k, $80k, $100k+ . Trying to predict the top is moronic. There are 2 other reasons that makes this particularly difficult to work out: The DXY is recovering, and could well send the crypto markets into a solid downtrend. On...

chillingeffects

The markets have been on an exorbitant run, with stocks rally ing hundreds of percent for months with few fundamental reasons. When markets get greedy, its time to be fearful. If we have really reach a top here, we could be in for a serious market correction. TSLA I'm looking at you sir.

chillingeffects

Gold has been on an uptrend for quite some time now. I do not usually care for Elliot waves and find them to be rather useless when trading in real time. However, this chart seems to have a clear 5 wave structure, and may only be a recovery for the short term. In the long term, there has not been a deeper correction for quite some time.

chillingeffects

Could be a rather large correction coming for oil. Even though it is far off from where it used to be, fundamentally oil is still in less demand than it was a year ago. It could be due for a pull back soon.

chillingeffects

Don't be a retail noob and start buying or going long now, it is extremely dangerous at this stage.

chillingeffects

Fundamentally, Coles being one of the largest supermarket chains in Australia gives it long term potential to continue growing over the years. However, from a technical analysis standpoint it has been in a solid uptrend for some time and is likely due for a correction. There is also a lot of economic uncertainty at this time which could trigger an overall market...

chillingeffects

This has been in an uptrend for months on end, it needs to correct in order to go up again. Do not fomo buy

chillingeffects

BINANCE:THETAUSDT Elliot wave experts hit me up about this :D I cannot chart the daily or the 4 hour because its just way too confusing, but if it is correct we could head up within a few weeks after a good correction.

chillingeffects

Learn to trade with high accuracy and professionalism - just shoot me a message, the place I learned all this is only $149 a month (no shitty $2000 course rubbish). Selling pressure built over the last few years might mean an EXPLOSIVE uptrend over the new few weeks or months. Hold on to your hats!

chillingeffects

Right now we are in a place where people are probably dumping the free uni airdrop, so I won't be entering until we have a clear change of market structure. It could bounce off a decent fib, but I expect a pretty deep continuation at this stage.

chillingeffects

My reasoning for this is that so far BTC has taken a brutal drop, but it is still nothing compared to what we are used to with bitcoin (well those of us who have been around since 2017). Bitcoin has been trending up since April and hasn't had a solid correction. A pull back to the retracement would still be a very bullish move. Could also take off at lower levels,...

chillingeffects

Don't enter a trade until we have confirmation.

chillingeffects

This is an extremely volatile crypto with massive potential gains, but also huge losses if you're not careful. Don't ride the hype train on all this new defi garbage, its the same old rubbish as the ICO craze in 2017. Let's not be morons, trade on low leverage and be responsible with position sizes.

chillingeffects

We're just getting a first taste of the REAL bull market IMO... most of these coins will have a devastating retrace, especially with BTC now breaking a key level of support. This will be time to accumuluate for the real run...

chillingeffects

Tried shorting this fker a few times, always got stopped out... however, we may have the mother of BTC dumps coming soon, and we all know these like to follow. DEFI will be on sale soon IMO.

chillingeffects

This crypto has had some insane price action the last few weeks, I missed all of it unfortunately and been burnt several times. I hate this coin with a passion lol... but if we get a break up, it could atleast retest previous structure.