jonnieking

jonnieking

WEN QE !? TL;DR there will be NO Quantitative Easing this cycle. YES the markets will still go to Valhalla. LIQUIDITY DRIVES MARKETS HIGHER. FULL STOP. Global M2 has a highly correlated inverse relationship with the US Dollar and 10Y Yield. Hence why we have been seeing the DXY and 10YY go up while Global M2 goes down. THE SETUP We are in a similar...

jonnieking

Here's a good lesson on spotting EUPHORIA. I was over a friend's house who is a retail crypto trader on Thanksgiving. He was telling that I had to buy $CHILLGUY because its the biggest meme ever. I didn't even bother looking at the chart because of my past experience knowing how to gauge market sentiment, but I replied, "you telling me this should be an...

jonnieking

Close your eyes for the next 7 days, then blink ;) Papa Trump coming to save us

jonnieking

THE CRYPTO CHEAT SHEET After seeing this, don't let anyone tell you that trading the market is hard. All you need is a 4-year mindset. Sell in November (the latest) post-halving year, ie 2025 Buy in November the year after, ie 2026 It really is that simple. CRYPTOCAP:BTC 👑

jonnieking

Still not 100% confirmed yet. Price action dipped into the gap, although i would have liked to of seen a bit more time ~$275 to confirm That would have shown a strong bounce off the .618 Fib as well, so I’m still bit skeptical. It is very good that MSTR had a full 50% retracement tho from this move up. I’m expecting it to range sideways at least for a few...

jonnieking

More confluence on why this CRYPTOCAP:BTC cycle will perform similar to 2017 vs 2021. If we look at Elliot Wave theory, we can see the first cycle (red) had a long 3rd wave and somewhat truncated 5th wave. The second cycle (green) had a muted 3rd wave and extended 5th wave. The third cycle performed similar to the first, which makes me believe the fourth...

jonnieking

It never fails to amaze me how perfect mathematics play out in trading. My squiggles remain undefeated 💯 CRYPTOCAP:SOL

jonnieking

Alts showing major weakness against BTC by Closing the Week in this trading region which will dump them another 15-20% If BTC and Alts perform similar to last 2 cycles then Alts would have a 125 - 175% return above ₿itcoin Notice the diminishing returns from each cycle 🧐 On a risk adjusted basis, the chart is suggesting that in future cycles it might just be...

jonnieking

CRYPTOCAP:USDT Dominance closed the Week inside this major trading region. Charts across the board look bearish AF. I expect CRYPTOCAP:BTC to $91,5 and Alts nuke another 15-20% before take-off 💯

jonnieking

Look at how perfectly geometry lines up the bottom for CRYPTOCAP:SOL at $175 Price sling-shotted back ~12% to reclaim the .786 Fib above $190 Look for price to consolidate around this level to confirm the reversal. RSI fully reset back to Yen Carry Trade Collapse level.

jonnieking

CALLING IT NOW 🚨 THAT WAS THE BOTTOM OF THE DIP 💯 ✅ Bounced beautifully off the 50DMA ✅ RSI is fully reset to when the Trump Pump started ✅ Volume has turned bullish to signal trend reversal ✅ The Crypto CRYPTOCAP:TOTAL Market Cap needs to stay above 3.2 - 3.3T Some clustered days around this region will signal even more strength. 🚀 3.6 - 3.7T reclaims...

jonnieking

Everyone kicking themselves for not taking profits on Alts because they’re almost back to where they were before this whole run up when Trump won 😭 Today, Alts dumped to just 10% above their ₿itcoin pairs. Lesson Here: If you're gonna trade Alts, make sure to continuously take profits back into CRYPTOCAP:BTC Good News: the market looks to be bidding Alts >...

jonnieking

CRYPTOCAP:SOL price broke to the downside of the 50D SMA Bearish Crossing from the 20D MA ahead. Needs to hold critical support at $190 / .786 Fib Another bearish day could dump CRYPTOCAP:SOL to $175 / .618 , and if that doesn’t hold the move should finish at $165 / 50% level. RSI shows more downside for confluence.

jonnieking

CURTAIN CALL FOR CRYPTOCAP:BTC 🧐 Need to close the Day above $99k to hold this uptrend and .786 Fib level Tomorrow will be a big day to watch 🍿 If we get a 3rd bearish candle that will signal our final dump to $85-90k before we take our next leg up to $115k 🚀 Volume trending bearish along with the RSI showing more room for downside. Don’t get shaken...

jonnieking

14% sell-off on Crypto CRYPTOCAP:TOTAL Market Cap in the past 24 hrs If we don't reclaim support here, could have another ~8% down to go. If that happens, I expect it to happen swiftly with a V-shaped recovery Get your bids in! NO NEED TO PANIC Santa Rally still on the table 🎅

jonnieking

₿itcoin should rip in the next couple days with when the FOMC announces this next round of Rate Cuts. CRYPTOCAP:USDT Dominance is sitting at a critical inflection point however. The trendline from 2017 puts a local top in February. Something to watch 👀

jonnieking

What if CRYPTOCAP:BTC ripped a $10k GOD CANDLE to $115k going into the FOMC meeting on the 17/18th when they cut interest rates 🤯 ₿itcoin Dominance rallies back to 58% nuking Alts 📉 Then Alts rubber-banded back into the Santa Rally 🎅

jonnieking

Clear Bearish Divergence on the CRYPTOCAP:BTC 4HR Notice price going up, with the RSI and Volume going down. Price should start to topple at this $103,5 level. Plan accordingly.