zeroknowledgeguy

zeroknowledgeguy

As shorts and puts are piling up, incl. Powell, a snap back is possible. But the overall picture is very very southwards.

zeroknowledgeguy Updated 

We broke all major levels to the downside. Only to bounce up in a huge dead cat bounce. Markets are shaking out all weak hands in all directions. Never loose your focus.

zeroknowledgeguy

When things go dark, trading is not possible. No buying, no selling, no withdrawing.

zeroknowledgeguy

Depending on the short time path, another pump could lead to an epic Pump'n Dump to squeeze out the rest.

zeroknowledgeguy

Markets seem very strong, but sometimes the TA can save you some bucks, by not entering a long on a bad spot.

zeroknowledgeguy

Usually Monday's and Fridays are kinda bullish. But today, we got a rejection on the chart. Its not wise to enter a posision now, but things are looking very unstable and the risk is to the downside.

zeroknowledgeguy

I don't know anything, but this chart is still working out well. Now we are in nomansland. Let your shorts do its thing, take a lil profit, chill :)

zeroknowledgeguy

Because of how the day developed, it seems obvious that a compression happened at the low. This expansion will blow the first green trend. But tomorrow the FED is up and other news including inflation may bring the price down again.

zeroknowledgeguy

This chart shows the short term price action of DJI. There is still a lot of bearishness on the futures during the night. It will have a hard time to break through to the upside. But it's not impossible. Main resistance/rejectionspot is the green trendline.

zeroknowledgeguy

BTC and all the alts are looking very weak. The selling continuation is probably a sign of the weakening traditional markets and can lead crypto much lower.

zeroknowledgeguy

The 3 waves in the end, are a sign of hard selling on top. It will go down. The question is how much

zeroknowledgeguy

Here could be a nice entry

zeroknowledgeguy

Opportunities ahead :)

zeroknowledgeguy

Only from looking at the chart, it seems like the pressure will push the price down. This is something to keep a close eye on!