yupyupyup

yupyupyup

Can they break the 11 year trendline? Guess we'll see.

yupyupyup

All possible MACD trendlines of relevance have been drawn. It is time for the longer term MACD resistance lines to affirm their dominance over the shorter term uptrend MACD support lines. I think a sell off until mid-february and then a bounce until beggining of march seems like a likely scenario. Cheers.

yupyupyup

IF 9.4k does not hold at the weekly VPOC then the parabolic downtrend will take it to 1k or below.

yupyupyup

NFLX has plenty of divergence on MACD and RSI. 325 seems like a respectable target for mid FEB.

yupyupyup

MACD supports look to be breaking soon. Folks are probably thinking it goes higher next week because that's earnings week for AAPL but the MACD resistance line says otherwise.

yupyupyup

ES respecting MACD declining resistance line and is in a rising wedge pushing up into resistance. We already have divergence on the MACD and RSI so time is short for the bulls.

yupyupyup

That's how them bolli bands work....you lose the middle bolli band and it will find the lower band eventually as support. Funny enough the flagpole down from this bear flag takes us nicely there.

yupyupyup

Bulls only have horizontal RSI support line right now. I expect that to break given the breakdown in the chart and the MACD is looking bearish AF. 3200 next level.

yupyupyup

RENKO chart shows you can't draw an uptrend support line. Bulls only have horizontals to buy off of now. RSI is in a downtrend, MACD had that WEAK bounce.

yupyupyup

I get that it's over extended on monthly EMA's....but look at the MACD breaking out now of that resistance line. If the DXY has bottomed.....then wouldn't it make sense to test the .618 retrace BEFORE GOING TO NEW LOWS????? That's generally how assets behave....Bulls on DXY are targeting the .618 for sure. Good luck DXY bears!

yupyupyup

We are busting that trendline to the downside. VPOC on the weekly is at the top. We are now below the monthly VPOC. The amount of bagholding on this is going to be almost incomprehensiible. www.shuswaphomes.com

yupyupyup

This looks a little more optimistic than Btc but still will fall into the negative price ranges at the end of the wedge

yupyupyup

Measured move from this Hns is $120. Confluence with bottom bolli band

yupyupyup

retesting a key support and resistance line. Way over its daily vpoc

yupyupyup

Can BTC go negative like OIL did in 2020? Guess we'll find out!

yupyupyup

I mean bulls wanting more than the VPOC here? At the MACD resistance and at RSI 60 on 30 minute? Is the era of degenerate buying and speculation of a bullish market finally over?

yupyupyup

Hns here at neckline support. Price hit VPOC coinciding with neckline of previous Hns and got rejected in the worst sell off of 2022. I think price just noodles around for a bit here and waits for Ema to catch up. I think after quad witching we start to see the next move unfold

yupyupyup

I don’t have the words for how ridiculous some peoples expectations are for this market. Friday and Monday were pumped on low Valium based on speculation that inflation magically got better. I suspect we dance around the vpoc for a bit before the market starts to crunch all hopes and dreams for bulls. We might have to wait until after quad witching tho