yupyupyup

yupyupyup Updated 

Well looks like MM's want 2 more months of distribution for whatever reasons. Powell literally said nothing of substance today and basically was told to stall for time as the governments and instituions sync up their agenda plans regarding vaccine mandates, passports and all that shit together. Make no mistake the economy is being weaponised and manipulated to...

yupyupyup

Moonboi's this chart is for you. RSI divergence and in a rising wedge and at 4hr resistance line. Good luck!

yupyupyup

Safe Haven? Dunno look at those RSI resistance lines....looks more like a double top distribution to me. $700 before I go long on this.

yupyupyup

wouldn't touch it until $10 or so. Time wise again look to 2024 for a bottom. Good luck.

yupyupyup

Yeah look at the VIX....no support at at all right now. Every asset is following SPX and VIX...BTC will move up with SPX until end of Feb.

yupyupyup

Although I'm a bear in the market on a macro scale. I do believe that we will see a Christmas rally in stocks as VIX is pointing oto $13 in January. You could probably throw a dart at the wall and buy a stock right now and make a quick buck for a 2 week hold. I choose SOS as it has a very nice wedge formation.

yupyupyup

Hitting 2.618 fib extension....typically the wave 5 extension of a 5 wave elliot move (wave 3 is the 1.618 extension). Yeah rising wedge in the MACD....bearish RSI divergence it's all there. Good luck!

yupyupyup

Most definitely a short here to $15 as bulls have lost the neckline of the HNS RSI support. Go long summer 2022 for the DCB...and then short again at 35$. Go LONG 2024

yupyupyup

Looking at the MACD extension line we can see it hitting resistance at this point. I don't think we get any further in the RSI wedge from here.

yupyupyup

Looking at the RSI we see a rising wedge. Sure it could remain in the last 15% ish of the wedge....or it could easily break down from here. We also have bearish RSI divergence since the all time high RSI in 1986.....not good for a long position.

yupyupyup Updated 

Buy at 1.618 extension in 2024. Short from here though....>DCB summer 2022.

yupyupyup

Top is in it looks like to me. Will be buying at key fib levels for bounces.

yupyupyup

Confluence within the fib levels and the trend lines. Descedning triangle gonna break down savagely like the rest of the market imminently. Will be bringing in my tomato plants.

yupyupyup

They don't want anyone to have a safe asset to own! They gonna crash everything imminently. Best to have mainly cash and develop a 1-3% short on assets that have liquidity in the markets (don't short bitcoin as TETHER is a complete fraud and you'll actually lose your money regardless). By the way bulls....I am a bull and own silver but I'm seeing how they are...

yupyupyup

Move up could have been a B wave in that case buy at the .618 retracement.

yupyupyup

Buy at trend line. Long term ascending triangle that will retest 12$. Has to hold otherwise 7$ is the next target.

yupyupyup

Looking like a carbon copy of all the other crypto charts.

yupyupyup

I strongly believe this is the long term chart of this asset. If you disagree that's ok!