christian_pilz

christian_pilz

decreasing RSI, increasing price inside a very transparent wave structure!

christian_pilz

Is it the first wave of the superordinate 5th wave or the B wave of the 4th corrective wave. The volume has definitely decreased significantly. And we're in the overbought territory already. We'll see!

christian_pilz Updated 

Inflation is priced to slow down very aggressively. With the technical recession in the US, we probably won't see interest rate hikes that big. That would of course be a change in the macro environment. Will the money flow back from DXY to stocks and BTC?

christian_pilz

BTC is currently in a larger time frame (monthly) correction where we can expect an ABC move. many traders are looking for the wave A to be in forming a potential bottom expecting a wave B relief rally. as long as DXY is in its current impulsive move, i don't expect that this will happen. so, BTC A is not in yet. the white 4 will be our timing for the BTC B. ...

christian_pilz

Just met me somewhere. Often times, traditional analyzes simply don't work in the unregulated crypto world. Order books are sold by the exchanges, evil wicks shake everything out that comes their way and BART controls the rest.

christian_pilz

Tesla is on the run to fulfill the 5th wave of the first wave of mass adoption. The price action respectfully follows the wave theory in terms of fib level very nicely. Although we could expect a deeper pullback as wave 2, at least a reasonable fib level would give us a range between 880 and 750. In case we will see a necessary impulsive behavior a price target...

christian_pilz

- Retail sentiment is very greedy. - CFTC leverage fund positions on long/short is 1:5. - BlockFi reserve is on an ultimatively low meaning a lack of institutional interest since march and the later month. - All Exchanges Fund Flow Ratio is on an ultimatively low pointing to less retail volume and larger OTC deals. - The pump spikes we are observing...