General Intro: - Bitcoin is the first of its kind as cryptocurrency using blockchain technology and is looked at a store of value like gold , just better. - Bitcoin will help the people to bank themselves and gives some power back to the community. - The whole crypto market follows in some way the movements of the Bitcoin price while being much more...
Hi, yep, we got a dip, sooooooo, I assumed it can be, but thought that it's not a good time for it. As we see, we dipped. Now, I changed my graph, and as you see, now i think it's a good time to assume that, as our price channel getting wider and wider, price action can become slower, but I can not understand how this theory can work with halving, crisis and...
S&P 500 is forming a rising wedge which will be a nasty drop in all markets if it plays out. I will be looking to buy the dip, but im going to wait till I see a proper bottom forming. With covid, all the money printing and the general boom we have seen in the market lately, a correction is due (might even see a flash crash). This may also affect the crypto market
We are set up almost exactly like the flash crash we had in March of 2020. If we retested the previous cycles all time high of 20k we could still still consider the move the C wave of wave 4. It kind of would make sense for the big players. There isnt enough volume or confidence in the overall market, and we wont continue this sideways chop forever. We need a deep...
Historically September and October have been very dangerous months for the Stock Market and combining that with Fibonacci numbers and moon cycles you discover that there is a moment in the future were all of it comes together for one glorious ball of fire. Sept 27 - Oct 8 Perfectly aligns with all of these coming together. Not to mention the excessive amounts of...
Hello Traders, It was quite a shock yesterday but you shouldn't have been worried if you are following my chart properly. As for those who are new trust me, believe me when i tell you something important that no one would. You don't have to fear anything. Don't get scared of this slight pullback. Look at the bright side you weren't fallen from $64k but just mere...
Not a Fan of Drama(s). Consider this antithetical to Drama. Safety, a great deal of it is being bought in Size. Both, The Federal Reserve and the Unites States Treasury are removing it at a rapid pace - Liquidity. This would appear counter-intuitive as the Equities Complex continues to make ATH after...
A very cluttered chart but it paints the necessary picture, we've seen that flash crash on Gold this past Monday and a lot of traders feared buying because they believed price will trade higher, but we had so many confluences to go. Now we see price retracing towards the Relative Equal Lows it failed to break for almost an entire month. It is pivotal to watch how...
A simple set up on Gold here. I am anticipating a drop down to the low of the flash crash we experienced at the beginning of the week. The 1680 region is the low of 2021 which was visited twice in March. Price appears to be holding under the H1 200 EMA at the current area of support/resistance (this are is more evident on the H4 timeframe) and so i anticipate a...
Goodmorning guys, What a night. After gold lost more than 900 pips in an hour, gold pared its losses back to 1750. We have 2 scenarios in play; either bears want bearish continuation and want to test the monthly bullish trendline that goes back 3 years ago, or we have a big a$$ W-formation targeting new ATH. Not a great setup to trade and too risky for me, so...
Asset Bubbles Political Events Natural Disasters Bankruptcy Flash Crashes The perfect cocktail exists currently as all of the below are relevant: Asset Bubbles - Valuations are distorted by any Metric. Political Events - Uncertainty continues to build. Natural Disasters - Warnings on many potential Events. Bankruptcy - The Federal Reserve is buying JUNK. Flash...
As BTC corrected as it suppose to, it caused a sudden and quite unexpected flash crash across the market, followed by another accumulation that took us slowly even lower with altcoins. Lots of people got shaken out and over leveraged accounts liquidated. For those who made it out alive ;), expect the green days to come. That is of course if btc goes up, which it...
Good afternoon, from looking at this chart of BTCUSD it can be easily depicted that bitcoin has been losing bullish momentum. It just tested 57150 resistance and got rejected. If unable to break, a downturn to 40k is reasonable. The area where the two trend lines intersect will be a dangerous area to fall into. There is also a downward curve forming.. let the...
Easter hockey stick - BTC Monthly 6 Green Candles We have not had 6 green months in a row for a long long time. Everyone says April will be great - everyone is always surprised. Flash crash incoming.
Even though im bullish for the long term, there has been many social and economical events that indicate markets are about to be shaken.. Now the charts are telling that we are going to catch some demand orders a bit lower, any correction or impulse is in a straight line, so bear that in mind before placing your orders. On BTC we have a bearish divergence with...
A hidden bullish divergence is when the price makes a Higher Low but the indicator makes a Lower Low, having said that.. Be aware on a sudden rise on the Dollar and a shakeout on other markets, maybe we could be talking about a flash crash here. Remember the stimulus checks have been delivered and spent on bitcoin.. what the government gives is to take it back.
Maybe bears were right about 41k target, but not until now at least. Let's take this crazy flash dump bet. Trade safely don't engage recklessly be ready to lose these funds. I'm using only a part of what I won during the last bull run idea and stop closing accordingly. This is the way, Cheers !