decklyndubs

decklyndubs Updated 

Here we are, peak insanity/euphoria. We are at the top. Stay safe

decklyndubs Updated 

(sorry - ignore the strategy noise on the right and indicators- I'm working on some ideas) We saw the FOMC hawk pause shake the price down to test the trend twice, before ejecting up and out of an ascending wedge. This euphoria is unusual - historically these setups play out on a breakdown 80% of the time - to see the markets rally on a hawkish fed stance was...

decklyndubs Updated 

I think btc will probably have a few periods of dramatic price action soon - big peaks up - but I suspect we will ultimately see this fail. Can see the area I'm watching as a consolidation zone. I suspect the sellers will drop off, and some rally may fire, but will fail. The chart squiggle predictions drawn show more of an average but I think you'll see at least...

decklyndubs

Who knows what the future holds? But this looks like a sell event to me

decklyndubs

Formerly his public wallet had +1.1bn in it. See: debank.com It's now down to 177mm... If there is bad news this week, it's possible that we could see issues with the USDD reserves and a liquidity crunch to stabilize USDD. I'm a little worried - saw some reports on Twitter saying that Sun has been deploying capital today and not sure why/what's up. TRX has been...

decklyndubs

I'm shorting trx. Not sure why USDD is collapsing but it is. The tron dao website doesn't have the reserves upfront anymore - trying to find the info...

decklyndubs Updated 

Awaiting response from judge, XRP seems to be close to a breakout. To me this looks long. I won't enter this as it's too risky, but I will be watching.

decklyndubs

OP is testing a breakdown from an ascending broadening channel and is on a confluence of support lines. Equities have been rallying, both NYSE and ESS, but crypto has been drowning in fear. I suspect this area will hold up into mid-march, but if it breaks down it would be an excellent point of inflation to be short in.

decklyndubs

Moving towards the next FOMC, markets remain generally strong, while a string of bad news hits crypto. PCE data jerked markets, signalling the end of the bullish impulse for me. ES and NQ halted tracks a bit before this and started to descend. Crypto continued to take a beating with the IMF recommending a potential banning of crypto for trade as it represents a...

decklyndubs

I'm eyeing potentially 22800 retest for BTC after it dumped likely on silvergate news in asian market open.

decklyndubs

Similar to the post this am, this is another of my preferred setups. The price is wedging into a visible resistance area. These will nearly 100% reverse at the point of price agreement. I have multiple examples from today of this setup - this one is on a higher timeframe on DYDX. Just spot the line, look for price agreement at a target on the line. These are...

decklyndubs Updated 

Spotting a good reversal play on DYDX at an upper trend line. It's wedging into it - good setup for a possible short. Fundamentals are good, but just playing the price action. Today looks mega red.

decklyndubs

This is one of my best performing setups lately. Here NQ has a broadening formation into a trend line. These are confident reversal points and have a high success rate. Zoom out and you'll see a good channel forming. Uncertainty on the upward price movement appears as sellers are starting to drive the price lower, while buyers are still appearing that are buying...

decklyndubs

There is a channel that the BTC price keeps reverting to. It broke a long term trend line and retested it yesterday am. I shorted it there and it reverted to the channel again.

decklyndubs

My major perspective on bitcoin remains in the trend lines shown. It's retesting now. I don't see any analysts describing this, but I've been successfully trading this. BTC regained most of the ground it lost after PCE was released. It's testing against 23700 as resistance on the trend line shown. I am looking for direction from here. I'm favoring the short side...

decklyndubs

ES had a massive movement down into price agreement target of apx 4000 into the FOMC minutes release. PPI and jobs data were worse than expect and market continued in irrational exuberance until turning down into the minutes release, breaking the bullish trend after the last FOMC meeting. At the FOMC meeting powell used the word "Disinflationary" 11 times. Markets...

decklyndubs

BTC is trading in a consolidation phase after a sell off post PCE data. It hit a fair value gap fill and is continuing to consolidate in the range. No view of the next move yet. Market is likely gripped by fear of inflationary pressures as PCE data was hotter than anticipated. I am short on the 4hr. See other chart for analysis.

decklyndubs

Not sure why nobody sees this - it is supported by 7 or 8 taps on a super clean linear regression of highs and lows. I've been trading this for a while. Stay bullish if you want, I'm not taking profit on this and will let it close flat if I'm wrong about this. BTC has broken this trend line and will collapse while everyone is buying it on the way down. Don't get...