kewlkat

kewlkat

We are still in the cloud, "no trade zone" I am still neutral especially the local trend seems to be holding and coincidently is the bottom of the cloud, I would expect more chops in this cloud zone, stay especially out of the inverse perp markets as chops will destroy your position. Above the cloud bullish below the cloud bearish. Once we have a daily close...

kewlkat

Since we are in the cloud and the cloud is typically a "no trade zone" I stand neutral on a trade here with the risk to high. This is a prefect example of the chop in the trade zone. Some key take away are we shot into resistance at getting tested and rejected (though we are in the cloud on the Daily candles), we have now broken two support levels in the cloud...

kewlkat

Quick EthUsd Short, setting up for a pull up for an entry at 2950, target 2520. The RSI shows some push back on the downward trend though that just means there will be a delay before the drop. Allowing us to open shorts up at 2950 before the price bottoms out at 2520. Be Patient these markets are chopping and difficult to read. Around Feb 17th I would say we...

kewlkat

We are trying to push the 2 Trillion Cap again, the EMAs are moving up if they can diverge I can see a very promising 2022 and the year of the tiger is in full force. Simple indicators are better to use on the total MCAP like EMAs and just charting the support and the resistance levels. If you were to look at the weekly candles you would notice we still are in...

kewlkat

I decided to break down separately the Daily and weekly to show you my thought on the Longer term analysis and the shorter term analysis the way I see it. Looking at the weekly instead of the daily as I previous looked at the daily it would seem if we maintain current price levels to the end of the week above 43k we are back in bullish territory, There is a...

kewlkat

Accumulation at 33-35k we bounced off the accumulation (a lot of buys at that levels) hedge funds and VCs moving into the space seems to be where they are buying, don't sell them your BTC! They are hoping you do, as predicted in previous publication we went right up into resistance the more we test the resistance level the weaker it will become. Wedging...

kewlkat

We broke the down trend unexpectedly, was hoping for a rebuy at 30k sometimes you don't win them all. So we can assume the accumulation is around 33k-35k. Resistance level is from 45-47k a daily close over these positions would indicate we have enough momentum to continue into a newly emerged paradigm, an accepted positive paradigm and the super cycle with no...

kewlkat Updated 

Setting up for another short in the upcoming week on BTCUSD , achieved the first short 100% timing and target this week. Now onto the next one, ghost candles portray a crude projection the price action in the upcoming weeks. As we hit a new support level it is worth noting how far off the cloud we are, cloud should allow some bullish sentiment acting almost like a...

kewlkat

Two different thoughts here, first is what I believe will happen, there will be a bulltrap that is rejected off the downward trend which will a nice 40% on the short. From Feb 2nd to Feb 19th hit our ask and we will reach our 1754 hitting our asking short at 2896, it is a nice 39.84% in your pocket. Option two we will follow bitcoin which will hit 30k by Feb...

kewlkat Updated 

Setting up for another short in the upcoming week on BTCUSD, achieved the first short 100% timing and target this week. Now onto the next one, ghost candles portray a crude projection the price action in the upcoming weeks. As we hit a new support level it is worth noting how far off the cloud we are, cloud should allow some bullish sentiment acting almost like...

kewlkat Updated 

These kids are killing us, haaalp. Just make some money off 'em.

kewlkat Updated 

.74 $ nice stop loss, with nearly a 22% gain on the short. RSI may show some upward push in the short term DON'T GET WORRIED, but the ship is gunna sink down to the target. If alts follow $BTC then this will happen, don't fight it. Check out my BTC short idea to see the downward trend and compare to the XRP chart you'll see it.