Look closely at the two. Note we are half way. Prob go to Oct 2022-ish. At end of each stretch, we break above the median line to hit top of channel. Bitcoin peak in the 100ks this Dec-ish. Eth & alts not do so well but still some up. 2022 Eth and alts really get to shine for the last leg. Imo, if this plays out, it explains why the flippening wont happen bc its...
Today's close will decide a lot. below 30k will be an extremely bad sign. The bulls are fighting hard to reclaim and stay above 30K but the red candles and the volumes associated with those tell another story. I feel that we will go further down after a mini bounce. Food for thought: If everyone is hoping for 24K, do you think it will go to 24k? Is this mini...
ATM ETH is facing an H&S pattern which could lead the price to 2060 usd zone. But, to me its a trap... i mean, if ETH manage to close current candle (15min left) above 2360 (blue trendline), and the next ones above 2450 (white ray).. we will see a very nice continuation to the upside. Let me know what do you think about this. And give me a thumb up if you find...
Hi boiz , seems like Bitcoin formed some Bearpaw top. Such warning much concern, surely hoping its not going down because of this! Much lucks to evrybody
As the sentiment in the crypto space is becoming more bearish, a relief rally will liquidate many holders. Compared to the 17 cycle we could expect a instant bounce back to the upside and continuation in the bull market till the top. In 13 however, it took 6 months before we saw any breaking of previous highs. I expect something in the middle will happen in this...
Please be very, very careful Based on the current market wave motion, all Elliott parameters were confirmed in all four waves formed. And in the next 4 to 7 days we should be ready to start the fifth wave, which will reduce the price of bitcoin to 26,500. This has been confirmed, 90% probability of this happening. The market is approving each parameter. We do not...
daily downtrend with market structure in place i believe the smart money will pump the dollar causing eurusd to fall for continuation to lower numbers but only after the traps to the top side are issued
I am still bullish on bitcoin price and i believe we can reach a minimum $80,000k this year but in short team i am not sure where the price can go. I think we can reach and $43,000k before go blast off.
CONFLUENCE COUNT 1. THREE WEEKLY CANDLE REJECTION AT PREVIOUS MONTHLY SUPPORT @1686 2. MARCH 15 WEEKLY CANDLE CLOSE ABOVE PREVIOUS MONTHLY RES @1733 3. MARCH 22 WEEKLY CANDLE FINDS NEW SUPPORT AT PREVIOUS MONTHLY RES OF @1733 NOW TURNED SUPPORT. 4. MARCH 29 CANDLE RETEST PREVIOUS MONTHLY SUPPORT OF @1686 ( MAJOR REJECTION ) 5. APRIL 5 ...
the reason gold was ralieghing was because the dxy dropped . but the dxy has retraced to the .382 . if i was holding gold buys from thursday i would be worried right now . what a trap on gold the most minipulated pair on the planet . they do love to trap traders but they have excelled this time . if gold does gap down on open it may gap past many peoples stops. my...
Waiting for a drop to our key zone for long entries. See Last few Posts for Setup
Trade alongside the market makers and capitalise on traps most traders will fall for!
Have we trapped enough retailers to sell this Bull market? If yes, then buy now and, if not then lets pullback down a bit more to trap more sellers and then make new highs. Cheers!
An ascending channel breakout trap, and a micro trendline trap along with an obvious resistance with stop losses above it lead me to believe GA is going much higher!
In this chart I dig deeper into price action and trends on the DJI on the 4H time frame, exposing a potential trap - mainly for new traders and some seasoned traders. What you don't see is most important. Lots of indicators in here - requires study. I use them only to expose what's happening. In other charts/videos I've shown that the DJI is weakening based on...
We are in the final stages and about to start setting higher lows, and then break out of this pattern. We will probably dip below the lower horizontal support in sort of a fake out and then shoot back up.