awesomenewsforyou2

awesomenewsforyou2

61.8 Fibonacci at 3920 will most probably hold, good news for BTC and Crypto and Bad news for the DXY, The dollar has serious divergences at the Monthly RSI... The dollar is most probably right now doing a Double top at 108, DXY topping is coming in September... CPI number at September 13 is coming way lower, Fed is bluffing about 75 hike in September, it can...

awesomenewsforyou2

The divergences are broadening, looking at the divergences in the RSI on the month scale, is fair to say that the dollar is about to enter a bear market, probably in the next month

awesomenewsforyou2 Updated 

Never ever draw a pattern like that, I don't even know if that has a name... looks bullish to me, angles are changing for a break out, what you guys think?

awesomenewsforyou2

Things are about to get real, DXY is about to change hands from bulls to bears, I think a top formation has just begun, as I see DXY is going down from here

awesomenewsforyou2

Prepare your helmet guys, ethereum is leaving the station, possibly FOMO will play a part, but the main thing is the DXY topping formation, divergences in the DXY monthly chart are scary and there is a shooting star at the 3-day chart, as I see bears are about to take control and might take several years to find a bottom there...

awesomenewsforyou2

LTC chart signaling a bottom, for now, a period of consolidation, and expect a bull when the upper channel gets violated. Patience is the name of the game now, FED will pivot by November...

awesomenewsforyou2

DXY at a Macro top formation, stock markets are set to make a massive bull run as most people think we are headed to a recession... I expect the DXY to retest the 2008 lows by the end of the decade, that might be a good time to go into crypto's and tech stocks, QE is going to continue, as markets need the liquidity to continue to operate, the FED is worried about...

awesomenewsforyou2

DXY topping formation, 5D RSI divergence, lower elder's BullBear power oscillator, and sentiment is flattening...

awesomenewsforyou2

Maybe BTC has fuel for a last 10x pump but after that, look at the angles, the probabilities are that BTC is going to form a gigantic H&S and then return to the 6k market bottom of 2017. The other probability is that the Dollar is going to collapse and the world we are living in right now will have no resemblance whatsoever in 10 years time, I am very skeptical...

awesomenewsforyou2 Updated 

61.8 wave 5 almost complete, I am shorting at 33 dollars, position 800 USD; 800/33 = 24; 33 - 7 = 26; final target 26*24 = 624 USD, 78% of expected profit, not financial advice, do what ever you want with your money.

awesomenewsforyou2 Updated 

Wave A subdivides into a smaler ABC expanded flat, B is a regular ABC and C is developing right now with targets below wave A at 25 USD. Otherwise luna is break 36K in direction to 43k. In my opinion that has a small probability, than return to 25, all of this are small term projections that are about to happen.

awesomenewsforyou2

Just an update on my short position on Luna at 33 USD, probable head and shoulders formation with targets at 22 USD.

awesomenewsforyou2

Expanded flat, targets for C wave, Bearish divergence in the RSI with extremely low volume.

awesomenewsforyou2 Updated 

Crazy parabolic move until now, google trend is approaching the latest tops, whales are selling like crazy, I think we are about to end a bull-cycle, the next bear cycle is going to be bloody one, because we are at all time high in open interest at the futures market, the market makers do not have a ton of short at the next levels(20-23K), but without any doubt...

awesomenewsforyou2

Not financial advice, but with this bearish scenario I personally do not feel comfortable going long. Let me know what you think, I will not consider rude commentaries.