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The same indicator that confirmed the mid-term #BTC Bull trend in January flipped Bearish today
Do with this information what you wish.
✍️ Indicator flashed bullish just below 19k back in January and $BTC rallied +64%
Can my indicator be wrong this time? Of course it can. But in my experience it has an incredible win rate
Invalidation: 31k (slowly decreasing every week)
#BTC 4h
Strong bullish reaction I should say 👀
Swept the lows and closed above 27,700 like nothing happened
You'll never guess what caused this #BTC flash crash 😂
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Looks like $ETH is going to visit its Major S/R Level ($1650-1700)
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Binance experienced the largest withdrawal volume in its history after resuming Bitcoin withdrawals 😮
160,000+ #BTC has left the exchange worth over $4.5B
#BTC 4h update
Nothing special about the current dump, just (e) in the making
Final dip before the breakout 📈
$ICP 2D
What do you see here? 😏
I see a massive inverse Head & Shoulders
$ETH update
So far so good!
Missing the last wave up 😏
Back in the Global Financial Crisis over 150 banks went out of business.
Today, 4 failures already equate to nearly the entire amount of assets financial institutions held during the banking crisis issue of '08 and '09 👀
✍️ Note how the number of bank failures historically has lagged vs. assets, meaning that bigger banks fail first, then a greater number of smaller failures come after.
2023 has already been the biggest year for bank failures by assets in US history, and the year is not over. A recession hasn’t even started yet. The rest of the year - the beginning of next year could be pretty bearish for the markets 📉
$RAD hit my final target! 🎯 ✅
+78% profit gained
Patience always pays off 😉
#BTC 1W
I don’t want to see a retest of the $25-26k level (MA200 + Horizontal)
If we’re bullish we SHOULD NOT test that level in May IMO!
Notice how brilliantly the EMA100 has been holding the price. Perfect support so far 👌
We must hold it in order to maintain the mid-term bullish trend 📈
#BTC Monthly is saved 👌 😎
The candle closed above the EMA21
Do or Die moment for #BTC imo
1. We shouldn’t break this Upward Channel
2. Ideally we should close this weekly candle above the EMA100 & 0.236
🗯 I know some people are waiting for the MA200 retest and continuation to the upside.
As you know, I have the opposite opinion on that.
Break $26,680 and this mid-term rally is likely over
Again, it’s all about US Government & their bitcoin wallets lol
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$QNT 2D chart
This Triangle doesn't look pretty, does it?
$QNT rallied 450% off the June’s low and has been forming this Descending Triangle since then.
I think we’ll see $QNT at $81 (0.786 Fib) and $65 this year
#BTC Update
This Triangle failed ❌
But nothing is lost as long as we stay above 27k
Truly Big Week ahead
Very important #CPI print coming up
#BTC 4h update
0.618 👀👌
(e) ✅
The triangle looks complete
We should bounce soon 📈
$HFT is finally entering my Buy Zone
Correction got more complicated
💡I think #BTC will hit $32k before it breaks $27k
Here’s what I’m talking about:
#BTC is printing a textbook Symmetric Triangle on the 4h chart 👀
Last test of the gray Horizontal (e) and then breakout to $32k 🎯
Nice recovery #BTC !
Daily candle closed above 29k. I like it
Fed hikes 25bps as expected
Back to where we were in 2006. And now the fun part begins
Tomorrow is a big day. I actually like that we’re dumping into the FOMC
However, the hype around meme coins is alarming
#BTC 1W update
Not a bullish engulfing candle but still a decent green one
Bulls engulfed 60% of the previous red week. I remain somewhat optimistic
📍Key Level for the bullish case is $27K