another snack for my bear bias, with grains of salt
spiral (bottom of correction back to top it started from) called top of ftx dump too (along with other things that called ftx dump tho). chart scaled vanilla 100:1
noticing this 45 degree line (relative to correction angle aka trend i used to make the spirals...tilt your head then add 45 degrees) was pivotal before...is it the cliff?
if it bounces here i keep seeing a wick to like 25.4-25.6. 24950 would be top without wick
i think when this breaks all hell will break loose. i gotta lotta bear signs here, too many to count, but in the bull column we have the giant cypher first tp is 30k. so idk, maybe down then up there. or maybe all hell will continue to break loose upwards, who knows. in the immortal words of bitboy: "this market...is volatile"
also who knows how long alts gonna alt while bitty goes full psychopath flirting with the top here
be safe all (talking to myself here too)
noticing this 45 degree line (relative to correction angle aka trend i used to make the spirals...tilt your head then add 45 degrees) was pivotal before...is it the cliff?
if it bounces here i keep seeing a wick to like 25.4-25.6. 24950 would be top without wick
i think when this breaks all hell will break loose. i gotta lotta bear signs here, too many to count, but in the bull column we have the giant cypher first tp is 30k. so idk, maybe down then up there. or maybe all hell will continue to break loose upwards, who knows. in the immortal words of bitboy: "this market...is volatile"
also who knows how long alts gonna alt while bitty goes full psychopath flirting with the top here
be safe all (talking to myself here too)
Comment:
was waiting for retest of 45º but it's rejecting off the 50 for now
Comment:
playing with sine/cosine a lil...50º called wick support and 45º called support support (if we go up here, otherwise just a nice place to land)
also was considering even if this is a fractal of august 2022 top, maybe the support angle is 60º, not 45º...we all know fractals are funhouse mirrors. so if that's the case, the break of 45 didn't mean much. 60 would be the cliff. idea supported by prior touches
so watching retest of 45º still...then that 25.4-6 wick for pricetime fib reasons...or maybe it will respect the spiral and do a lower high. or maybe go even higher
also was considering even if this is a fractal of august 2022 top, maybe the support angle is 60º, not 45º...we all know fractals are funhouse mirrors. so if that's the case, the break of 45 didn't mean much. 60 would be the cliff. idea supported by prior touches
so watching retest of 45º still...then that 25.4-6 wick for pricetime fib reasons...or maybe it will respect the spiral and do a lower high. or maybe go even higher
www.tradingview.com/chart/k0sIG37i/