While our recent fall was unsustainable, onmce you invert the scales the path is clear.
monthly volume stale this only happens at the peaks after we reached a NATH, this hasnt happened this time around, or for a big movement like before, therefore I believe as the spy looks bearish aswell, we go for a big short across everything.
This is it, how do you determine bearishness, when the bot you hope will hold is now your top you hope will break, in this case is 58300 This is even reinforced by the break of the major yellow trend which we now find an bear AADI, that is what I call support break resistance, exactly what we see here, A SUPPORT ON THE TRENDLINE, A BREAK OF IT, A REISTANCE ON IT....
it looks like bear, PVTO on 1w found resistance on the sma while it did a huge move, found resistance on the top red horizontal Look at the circles, this is movement is very similar to the 2021 peak/jul19 and where the market consolidated for a while and before dropping, it made a move upwards retesting the upper resistance/ horizontal or the blue important...
Jacky found it not me, credit to him The description is that the grey line of 2021 is the blue trendline of 2024 bull run, the yellow line goes back to 2008 peaks. same case scenario, the bull run has peaked just above the 2008 yellow trendline and then when broke below the orange cloned trend line of 2024 bottoms, it made bear Aadi, support/break/resistance on...
ew resistances arose from taking an new perspective with Aadi, I take a look at this with a differernt persepctive, more clearly. It is almost obvious to me now that the biggest resistance horizontal lines for BTC is 48,500 and 30,000 . Both Fib show a resistance important on the 58k which is supproted also by the green SMA on 1W. It broke below it then tthis...
Making it out of the downward trendlines and red line resistance at .3574, will push towards the final challenge of green flag. Breaking that sHould take $ZACK .167
ONLY if we reach $5, check 1W PVTO, look at the graph . Love
So the idea is that we need to see a change in momentum and direction, this is going to have that change. It is building it rn, do not be afraid tho if we see 0.6-0.64 again, that will be its lows. NATH soon
Classic higher high, higher low, classic change of movement, catching this is the best bet you can get. The idea of investing is, you should only invest when the future is as close as to guarantee, at present we only have past data, now if T-1 data is a downward strong movement, and now we have good strong positive news, your risk to reward outweighs the...
Classic higher high, higher low, classic change of movement, catching this is the best bet you can get. The idea of investing is, you should only invest when the future is as close as to guarantee, at present we only have past data, now if T-1 data is a downward strong movement, and now we have good strong positive news, your risk to reward outweighs the...
Buy at $5, like you should, like a good little boy
It is visible that every leg up there is consolidation before the big 2nd move upwards, where is that resistance? it is found that in both 3 legs( including the one not known if ended), is at 0.317 Fib , meaning that the top has to be 132.84. Now to find true top we need to have unsustainable increase. Break of upper trendline and now come back to find support...
I may have stumbled on something huge, based on these charts, I see CRYPTOCAP:BTC pullback, AMEX:SPY pullback with some certainty on support. BUT I am certain on NASDAQ:NVDA peaking, and believe me me myself need to sell.
shmuzi check it for urself or We flew way too quick, el classico on the new head, bloodbath expected. the more i look ait the mroe i understand it and more confident i am in the red. am talking as someone that has 85% of net worth in alts, need to close now or at the bounce of this. Dont be quick to short if uare going to close if the market hits at 69k