Basically 14k is inevitable 12k likely will be where we will chop and have 1 month+ to accumulate at in sideways action on average 8k-9k zone is potential flash V shape bottom area *expand the Y axis (price) to see text
Held micro trendline retest Held former resistance now turned support Approaching Long Term resistance and will likely reject as long as DXY finds its bottom and the FED continues with its rate hikes.
See past posts for explanation. Looking more and more likely we will get a 2nd test at the bottom golden fib.
Some call it the "sweet spot" others the "little man in the boat" -- I call it the BTC golden pocket for long term holders.
Covid and the broader financial market freakout has decimated the "premier" Walmart brand of cruising. But at the same time it is essentially too big to fail. That’s why I still see it as a rebound play despite the ongoing pandemic and omicron variant. It, along with Royal Caribbean and Norwegian Cruise Line simply define the industry. The three companies...
This is a generational buy IMO. Buy this and forget about it for 10+ yeaers and then you can tip me in Carnival credits "the time to buy is when there's blood in the streets."
List of Important points: 1.Cup The Cup is usually “U” shaped and may be considered as a rounding bottom with almost equal highs on either side. However, a “V” shaped cup also qualifies as a Cup and Handle pattern but the conviction is higher in “U” shaped due to the consolidation at the bottom. 2.Handle The handle is usually the pullback from the higher end of...
Long term investors should DCA anywhere between the two green lines
Every BTC major bottom has been in between the 2 green lines.
PSY—preliminary supply, where large interests begin to unload shares in quantity after a pronounced up-move. Volume expands and price spread widens, signaling that a change in trend may be approaching. BC—buying climax, during which there are often marked increases in volume and price spread. The force of buying reaches a climax, with heavy or urgent buying by...
Final Target has been hit. Still expecting some wicks lower in the future. I believe we have 3 likely scenarios: 1) We go sideways/trend down slightly for a few weeks 2) We get a decent bounce to the 45/46 area (thick orange line) to test former support and will likely get rejected to retest lows 3) We make new lows into the low to mid 30s I think option 1...
Target 1 hit (thin orange line) Look for heavy chop and wicks down to 39-40k Looking for a dead cat bounce up to and rejection at where we fell out of around 46k (thick orange line) A good time to SLOWLY begin taking out DeFi/Cefi Loans and going from cash to BTC in spot market.
Bull Trap confirmed. Now we must hold mid triangle line or retest lows
May bounce once more but a good short on breakout Target ~$7.15