gt3verse

gt3verse

Zooming out we can see this Fib Channel taking us from a pre-pandemic bottom to a 2nd attempt double-top in Nov-21. There is a lot of liquidity that needs to get eaten up in the Red Zone shown --- still zero reason to be bullish right now. WTI and other hot Commodities are about to skyrocket and all the news outlets are blaming the EU Crude Oil Embargo that went...

gt3verse

I cannot stress this enough... Just because $7/gallon for fuel hasn't been seen yet, doesn't mean it cannot happen. WTI is extremely bullish and so are other hot commodities like Corn Futures. WTI has been slow building the last few weeks, but I can assure you that price will explode all summer long. Check out the new daily wick forming... If you work in raw...

gt3verse

I would really like this to be a short term correction....but with so many BTC derivative products now on Wall Street, BTC follows SPX, Mid Cap and Large Cap Alts follow BTC, and Micro and Small Caps are still wild card plays - anything possible here, especially anything listed on Dextools. BTC currently at the .618 support which is why it has been lingering for...

gt3verse

Mike Schroepfer on Twitter yesterday wrote a fantastic article in his thread regarding the Tech Bubble in 2000. The "Silicon Valley" version. It made me think: what if the cows are finally coming home now post-2008 recession? The 1M timeframe shows price riding my 6EMA like a drunk girl at PBR Big Sky. We have not seen a swing low since early 2009. The local...

gt3verse

The larger the pennant, the more dramatic the fall (in this case). Believe that. $22k will come soon. Let's hope we close quickly on the daily timeframe and start to slowly creep out or at least run sideways for a while to allow for investors to accumulate. Stay safe fam.

gt3verse

Microstrategy has a margin call at $21k. They manage $Bs. Tons of liquidity to take out in the red range you see. I would say anything between $23-$27k is a hell of a buy if you are not looking to time the bottom. Do not think of this time as a BAD time to invest. This is when you should dollar cost average down and be content with your purchase. Keep in...

gt3verse

Good morning TV Fam - WTI is headed to ~$180/bbl over the next 90-100 days, and is one of the most bullish trade setups I have ever seen (based on the long term pricing history of any stock/commodity). $180/bbl translates to approximately $6.50-$7/gal for unleaded (outside of California). This is also equivalent to approximately $8-9/gal for Diesel. The latter...

gt3verse

Without zooming out to higher timeframes, one could see a rising bull pennant formation with a closeout date of approximately Dec 2022 - assuming BTC breaks to the upside 3/4 of the way through the price squeeze. And even though BTC follows SPX in direction/price action, we can see that before the Oct 2020 swing low (start of the major bull run), BTC oscillated...

gt3verse Updated 

The most funny thing about Crypto is you can do everything right and still lose money, or inversely, do everything wrong yet still make money. If the scenario shown before you occurs, I can only be more bearish than I already am. For me to get Wagyu Beef Bullish again, I need to 2 daily green dildo closes above $52k. So far, nothing has screamed "boolish"...

gt3verse

Maybe this is the top of the rising wedge, maybe not. Either way - it is unsustainable. The volume was weak as hell too as it climbed. It is pricing behavior like this that helps me understand why people trade with so much leverage in this game. "Bearish divergence continuation for a clean 30% pump? Hell...let's leverage 30X on a $50k cost basis...fuck...

gt3verse

The last week has seen bearish divergence (increasing price + decreasing volume/RSI/MACD etc etc). Crypto Twitter and Youtube Idiots are waaaaaay too bullish - almost hysteria. Especially Nicholas Merten aka DataDash. My god. Every long moonboy is about to get liquidated. Bullish over $52k + 2 daily candle closes. Bearish below $37k + 2 attempts at...

gt3verse

Each major volume buy going back to January retraced 100% The most recent volume buy that has every "influencer" being a moonboy again can still retrace completely and, most likely will (letting Altcoins have a moment). To every young buck on here: learn basic price structure. Higher lows does not mean we are going to break out. Lower highs, which is what is...

gt3verse

I am convinced we are witnessing another stop hunt rise and bulls are going to get trapped once again. Need to retest $25-30k one last time. Option OI expires 25-MAR as well. Bear flag on a downtrend at play, squeezing price. Do I want us to see $100k? Absofuckinglutely; the general consensus is still way too bullish. Dudebro bullish.

gt3verse

BTC keeps failing to maintain (and hold) $40k as support. Looking for a sub $30k BTC so I can scoop up ETH and FTM at a hefty discount. This year we could still see a $100K BTC and $7K ETH. Slow and steady wins the race.

gt3verse

$38k still needs to fill. Descending Channel still playing out. Wait for a strong bounce in the short term. Won't be low for long. NFA.

gt3verse

15M timeframe shown. NYSE closed Christmas Eve to reference SPX movement. Sitting at .618 resistance but also forming tops. Generally speaking, the more attempts, the higher likelihood of a breakout; triple tops are BEARISH. Don't get trapped long because the Santa Rally may not come. Be cautious.

gt3verse

Bouncing off the .618 and formed a solid descending wedge. Price has nowhere to go but UP 🔥

gt3verse

Shorts could come in and take out longs who bought in over the last 48 hours.