Thinking bull trap, one can't help to initiate Hopium and see a reversal of the downtrend which seems tough from here.
Consolidation in certain ranges may be key to watch.
As with all my charts, they are just a simple snapshot into trends.
Please request more detail or specific content, I would love to share more opinion and hear more feedback for my...
Looks like a defined range, noticing all other legs down in this fall, retest top trend and continue down, it appears to have returned to the trend line to attempt a cross, above of the falling trend line, which may still need to retest lows, but on the other side of the rand line for a possible bottoming attempt.
Looking at the Weekly chart of MATIC, the gap up play on a pull back with strong support bounce in the yellow zone.
Looking for possible relief rally or bull traps to come until April/May where the focus will be on a historic chart from last year for size of move and volume relations.
Hopium seems to be as addicting as the FUD and FOMO with many that bought at...
Looking at this chart, there could be an opportunity for a swing trade and a bull trap before returning to support or lower.
Scalping ranges may be the best way to play, stage, average into positions comfortably over 2022
Entering on weakness and selling into strength.
Being long Sand over the long term of 5+ yrs, there may be better entries and may consider...
Hanging around decent support levels, within the channel, and small risk reward at these levels for stop loss.
Plenty of resistance levels to contend with, and will need a solid bullish market to continue up.
This is a favorite crypto for myself in 2022 and beyond
Still neutral until crypto sector sentiment picks up
Critical area to put in a bottom near the .90 area, a break down could lead to a waterfall to sub .50
Must break and retest the down trend line to show possible bottom and continuation to 1.50+
if 48.20 holds off the open, I will be looking to go long off of a retest of the area.
There are two levels of resistance that may make this more of a swing trade if we barcode in consolidation or capitulation.
Lot's of earnings data this week and Wednesday Fed, hawkish stance.
MSFT had some negative action after market with a host of other Blue chip tech...
Monthly chart projection of a head and shoulders forming vs a long term up trend on the next bounce area of 30k...
Everyone can guess at this point, technicals matter, not sure which ones yet...So many models and indicators work till they don't....
Peace....
Way drastic, but is possible. Probable? not sure...
I think a reset comes to this asset class being under attack by the wealthy, opposition, and political forces of western nations primarily...
Wealthy Bloodlines missed it and want it....Media is in their pocket...FUD
A simple chart showing what could easily take place, and much lower.
I believe we need to see a reset on this asset class even though that would crush me. I see a new market temperature and players that missed the last 4 yrs, threatened, and opposing wealthy corporations and bloodlines need to secure the future and will not over pay.
FUD by the wealthy, western...
Everyone draws lines, marks charts, see's things they "want" to see and I am no different...
This is a continuation from my last chart with 3 colored areas of trend or consolidation probabilities.
Rough numbers
Bullish stance 2022 = $75k
Bearish stance 2022 = $30k
Neutral stance 2022 = $42k
What do you think 2022 has in store?
Generic ranges I feel BTC will trade in as the Macro data patterns evolve from Head and Shoulders, to Inverse Head and Shoulders, to Continue up channel, to more complex trend analysis. Thanks for looking and any comments that are constructive and not destructive.
