CPO price consolidated past 1-2weeks, forming a nice launchpad towards higher price levels -- Bullish Flag pattern. 🚀🚀 Price still running in a mid-term up-channel, with an upside target zone: 3.5-3.6k & 3.7k ; similar to which suggested by the flag. 🔔 Overhead Resistance: 3.4k, 3.5k, 3.6k, 3.7-3.8k ❇️Prev idea still largely intact, only now with added...
Technicals Longterm: Bear 🐻📉 Midterm: Neutral (Sideways-Up) 🐻🐮 📈📉 This Month: Seasonally bullish in Dec 🐮📈 👇🏻Prev idea still largely intact, albeit with an added hint of Dec bullishness / year-end rally 🔔Watch: Budget2021 debate & its subsequent approval/rejection flat on FKLI; might take a seasonal Dec long near current sideways range low,...
Projection based on 2016-2017 Bull run price action + fib projections + Elliott wave suggest end of WXYXZ complex correctional wave Strongly believe that 2020 will be the LAST CHANCE to buy Bitcoin near $10k , and that we won't see 4-figure Bitcoin price going forward. 🚀🚀 Fundamentals? -- See how much Fed is printing & how messed up is paper money globally. 🤷🏻♀️
Expecting BTC to retest the ATH (or make a new ATH) by Q12021... Check below for my Sept post on potential upside above $20,000. Are you in? ;) Follow me on other social media platforms for faster market updates, profit screenshots & etc. :)
Index testing prev major LH near 162x, with momentum weakness above 158x... Fundamentally, there's a lack of new positive triggers for price to go higher, neither for a strong bear case (unless go full MCO again)... Thus, I'm keeping to a wide sideways-down view as long as Major R / 1600 mark resists. Watch: Immediate UTL breakdown , may invite bears Shall...
Bulls taking a breather as active contract move to Feb2021. Major S: 320x-6x >> Watch if hold on test... If support hold, Look for rally towards R1-R3: 340x-5x, 350x-5x, 360x-5x in about 2weeks time. ;) I've been on Long since turn Nov, check out my many other social platforms for latest charts & market updates. 🔔⭐️ Check out my prev post on a Major CPO...
Price oscillating within wide 12-15% flat sideways range. 🐻🐮 From here, more likely to retest range lows: 2700 ; 2600... 📉 Watch for potential breakouts from range❗️ Happy Hunting! 🥂🚀 -jk-
Well-positioned to the downside. Waiting to add if a bounce to ~150x take place... RISK FACTOR❗️ Political uncertainty Further deterioration of COVID wave2 Targets: S3 (138x-140x) / S4 (133x-6x, need strong bear to reach) Time Target: End-Nov / Early-Dec Happy Hunting! 🥂🚀 -jk-
Bounce reached ~304x R-zone previously mentioned. Didnt manage to test the 3100 highs. Didnt get to capitalise early on the current plunge from 30xx highs, tbh was expecting a milder retracement. And we got a sharp plunge instead, thus potentially a large sideways range in play, before continuing the monthly bullishness. Major Support: 2600-2700 ; ~244x ...
Again, still bearish on the big picture view. Had done multiple rounds of Swing shorts within the sideways range, while still holding Dec Position Shorts. ❇️ Mid-term Targets: S2 or lower Economy & consumer spending has seen significant slowdown since start of October, which is typical of economy lagging 6mths behind market (Covid plunge was March2020). Adding...
Did a video update, following up on previous CPO idea posted, check it out on my other social media accounts. Meanwhile, we have turned Bullish since S@2700 holding last week. Immediate R: 287x-9x taken, now turned support. As long as price stays above both UTLs, we are likely to retest prev HH near R2: 304x-8x area. Meanwhile, if we continue to stay above the...
Overall, still Bearish on the big picture, just taking some time -- it's FKLI ☺️🤷🏻♀️ Watch support like a hawk, S @ ~148x ❇️ Also note: Risk of gloves FOMO, since COVID starts spiking again, somewhat a Bullish factor for the index. Happy Hunting! 🥂🚀 -jk-
We're dealing with a MAJOR SIDEWAYS situation here, seeing the steep Up & Down swings & abrupt reversals between 2.6,2.8k --- 3.0,3.1k. 2.6-2.8k is KEY SUPPORT area on Weekly, price likely to consolidate within this zone, before deciding its next major direction. Long-term view, currently favoring UP, as long as S2 holds. Happy Hunting! 🥂🚀 -jk-
I just did a long-term analysis on Bitcoin, which yielded a similar outcome -- long term Bull Cycle. Fundamentally, I'm suspecting this is a signal for what's likely to come next -> High-Inflation or Hyper-inflationary era due to overprinting of USD (global reserve currency), which is typically marked by inflated food/soft commodity prices , & a capital flight...
August sideways box, ranging roughly btw 2600-2800 zone has been broken, and recent test shows price chosen to stand above it aka bullish. Immediate resistance is near, R1 @ ~289x-291x ; while new support is formed, S1 @ ~278x-280x . Sideways-Up situation for me... Staying above immediate UTL, L1, may send price higher above >2900 Else, we may be in another...
FKLI moved down as expected. Nice! 👍🏻 S2 target reached~ ✅ Next up, watch 148x-150x Support area. Happy Hunting! 🏹🎯 -jk-
Failing S1 will invite BEARS, my MAJOR position targets are: 148x-150x, 138x-140x Don't forget to refer back to midterm ABC correction post below for potential minor targets. Faster Update on T3L3gram: MyTradingSpace by JK Happy Hunting! 🚀🚀 -JK- MyTradingSpace
My ultimate fib target for LINK is reached at ~$17.7 (projected from 2019-2020 first upwave to $4.5x) Profit take at 16.8-16.9$ area ✅ ...part of my small alts portfolio, besides the MAJOR HODL on #BTC #ETH If you continue to hold #LINK, [ b]Good Luck! :) 💪🏻 💪🏻