samfanderson1597

samfanderson1597

BTC has pin-balled between 31.5k and 28.5 for the past ~2 weeks. This begs the question of upside and downside targets in either direction as it related to fair-value and CME Gaps. To the upside, a series of 2 weekly, and several daily and 3-day gaps lead to a CME gap at 36.1k. To the downside, a weekly gap at 35.3k that was already hit depending on exchanges and...

samfanderson1597

Entry: 28800 Stop: 28098 Close: 29080 Should've taken profits higher I guess

samfanderson1597

Let's fill some gaps as simple as that. only reason near term to be bullish is asian markets rallying; otherwise I think 20k before 60k.

samfanderson1597

#1: Run highs by mid may @ 200 #2: Reject 160, fill gap and hold support @ 135 by mid may #3: Reject 160, fill gap and hold support @ 115 by mid may #4: Dump prior to 160, fill gap and hold support @ 104 by mid may Just my thoughts on where we go from here

samfanderson1597

Nice pump from BTC today after a steady downtrend followed by a couple days of consolidation. 41.4k is a huge level. Three ways we can go from here imo. #1. Flip 41.4k to support and run the previous support (now resistance) of 43.6k #2. Reject 41.4k after a bit and then consolidate again at low 39k's #3. Reject 41.4k and then run the lows at 37.6k to test demand...

samfanderson1597

A ~63% pump on the day but still down >90% from ATH for TKAT. Relevant support @ 3.25 and 2.25. Important resistance @ 4.10 and 4.40. I don't think we pump to ath's all at once and we have to at least retest 3.25 for above 5/share.

samfanderson1597

BTC is gonna play out this head and shoulders imo. No longer valid if BTC breaks 50k and holds support. <20k before >60k *shaking hands emoji*

samfanderson1597

Currently down 70% from ATH, TWST may be a good buy at these levels. Idk anything about the technology or revenue streams but Jakey mac likes the stock so i charted it out for him. $46-48/share appears as strong support with $66 being sturdy resistance. If 46 breaks, then 40 and 36 are also significant support zones. Could see breakout if we hold above 66, but...

samfanderson1597

Looks like the equity dump was enough to finally close the cme gap on BTC. Closed my short too early but it is what it is. Think we stay flat till monday around these levels.

samfanderson1597

CME gap from the start of the week down at 40.5k. I think we fill that before more upside. I am shorting into the CPI data readout.

samfanderson1597

Parallel descending channel held for yet another test. I don't think we hold in this channel till BTC goes to 200-week MA tho. I think we stabilize in 33-36k for the next week and make it through the weekend without a scam dump. I could see a breakout of channel targeting 45k but equities finna get smashed after Meta decided to stop making money. Going to scale...

samfanderson1597

This is the messiest chart you will see all day. A lot of Fibonacci extensions to the downside and upside on the SPY. However, this chart factors in the M2 money supply created by the FED. This demonstrates that although still significantly above the pre-covid SPY high, the FED has printed enough money to make the peak of December 2021 = the peak of December 2019....

samfanderson1597

BTC has been in a clear descending wedge since November. Unfortunately, longing before breaking out is a high risk trade. Funding is negative and becoming more positive. Money flow is not increasing. BTC should most likely test 33k lows again. Being euphoric is pointless before breaking out of the wedge. We are below every significant moving average on Daily, 2D,...

samfanderson1597

I (and many other people) have a strong thesis that weekend PA is just scam movement and a majority of "gaps" fill soon before/after Sunday close. On this chart there are the the CME gaps that have been created on the BTC chart from covid run-up and past 2.5 month drawdown. Closest gaps are at 32.6k and 23.4k. To the upside, there is a gap at 54.6k. I am not...

samfanderson1597

Just some key levels I am laying out. Think we get a pump in the next couple months and I will try to accumulate near these support lines.

samfanderson1597

I like this one better but it is low probability. The dump would be simply too much to bear.

samfanderson1597

Geez a terrible chart to say the least, but could play out. Low probability and depends heavily on head & shoulder break and FED hiking rates in February-March.

samfanderson1597

When BTC dumped from 64.8k to 47.6k in, it tested the neckline of its head and shoulders. When creating a fib extension downward, the 1.0 extension was found at 29k exactly. When BTC dumped from 69k to 42k, it tested the neckline of its head and shoulders. When creating a fib extension downward, the 1.0 extension is created at 17.2k precisely. This is just an...