What does bother me.. only a little.. Everything is still to plan...
I did not expect such a sharp drop but with promos going on this looks GREAT!
Anyone going to buy assets without long time frame analysis will see a great green market to get into.
Was hoping for a bit more to upside which we should start seeing now to make up for such a low..
Now the alt coins might be starting to unhinge.
Btc is looking to start back towards its June 3rd highs while alt coins are still trying to make it back to June 7th highs.
What does bother me?
The amount of volume coming back into the test zone I set on the 5th.
Not sure if I'm reading this stuff right but high volume into key levels seems to result in a bounce..
Certainly has been for the most part..
I'd like to see another bounce into the test level with a lot less volume and break through it to increase FOMO for the promos in motion..
Based on accumulation market tactics I would HOPE to see 3,7778 by the 11th to make sure even alt prices have at least met and surpassed their June 7th highs...
Anyone who got in at the 31k btc dip...
Congrats..
It was the scalper's dream I knew it would be.
I'm a neutral/long right now..
13-15th are the key dates I'm looking at.
We do have a chance to sideways trend here on out till the 22nd (end of retrograde) but really feel like the market would lose most of its simp liquidity due to attention spans.
New moon in Gemini the 10th going into a portal on the 11th. (one of the reasons I will be shorting to watch the markets. I expect volatility added into the correction. Willing to miss out on a lot during this time to research and learn about market movement)
The "ring of fire" solar eclipse is on the 10th also.
Sun in Gemini moving into Cancer the 21rst (Just in time for retrograde end.)
Saturn Square Uranus On June 14 (Saturn activity during a market correction)
Venus (evening star) 23 degree (cancer) declination on the 21rst.
Full Moon In Capricorn On June 24
North Node has been in Gemini and will be 2022. I think this has a lot to weigh in on the market correction as all the new money sloshing around will need to figure out a way to become realistic moving into the future. Sure the money has sloshed its way out of the hedge funds into the markets but I don't see a bull market during a correction. I do see a scalper's dream as prices fight the influx of funds offsetting the correction.
Overall I do see more long opportunities coming up opposed to short calls in the VERY recent..
BTC is blasting through my test zone so watching for fake breakout and the not so fake break out....
Astrology
Saturn Uranus Square top mercuryRx run-up Prog Neptune new highSo I have been developing a new way to graph transits over the chart all spring that incorporates a combined effect of the current transits and transits to the bitcoin natal and progression charts. I know it looks confusing but i wanted to post these predictions at least before they happen if i am indeed right. It involves treating the transits like vectors and carefully aligning their magnitudes based off the entering, exact, and leaving points. Color coding based on transiting planet and solid lines for transits to natal, dashed for transit to transit, and dotted for progression transits. A pattern eventually emerges for each planet to each chart and they work together and i LEAVE NO CELESTIAL BODY UNCHECKED LOL. Even hypothetical planets that few astrologers (me included) ever bother with. Never did i think i would be looking at things like transiting ceres trine transiting cupido but apparently at certain times certain angles like that can tell you the exact trajectory for a week (that was the first one i recall did just that some months ago and was a huge top with return to the bottom). In the future I will try to clean these up more but im just throwing this out here before my perfectionist qualities keep me from doing it at all. Happy Memorial day weekend!
Gold Accumulation Buy, Astrological Cycle EffectsAstrology:
Tonight is the Full Moon Cycle, plus minus 1 day when a Full Moon Cycle occurs gold tends to reverse direction. but because yesterday gold was in consolidation causing aggressive gold movement, so gold came out of consolidation.
And by the next day the effects of the Mercury Retrograde Cycle began to be felt, the effect of retrograde mercury from 3 days before MR to 10 days after MR.
See related ideas below for a deeper Astrology explanation
Technical:
Technically on the daily time frame there is an inside bar and it has been confirmed to be broken, and gold has also penetrated the bullish channel and there is a retest in the channel.
Seen from the DXY is at support and forms a descending triangle pattern which indicates there is a deeper decline in the DXY
Here there are 3 entries
First
1959.406
TP: 1960
SL: 1865
R: 1.75
Second
1889,898
TP: 1960
SL: 1862
R: 2.5
Third
1872,676
TP: 1960
SL: 1847
R: 3.5
the maximum total loss is 3R, and the profit is 7.75R
Gold prediction for the next 1 month with astrologyDid you know that astrology and gold have a very big influence, for example in the mercury retrograde cycle 9 out of 10 when that cycle occurs gold will be bullish, and in another example, the full moon cycle and new moon cycle causes a reversal of direction in gold, and there are still many other cycles that are very influential in gold.
Astrology trading in gold discovered by Gema Goeyardi MFTA, CFTe, MM, CAT, CWM, CSA, CTA, CFI, CFII, IGI
he is the founder of Astronacci (Astrology and Fibonacci), in his thesis entitled "The Mercury Retrograde Cycle Impact To Determine Gold Bullish Trend Period" won the title (MFTA) from (IFTA)
This is my prediction in gold for the next 1 month,
I predict tomorrow 11-12 May will be the peak in the Gold (new moon cycle),
And next week, there's a (Mercury Retrograde cycle) that's causing gold to bull
and will culminate on June 2 (Venus enters the cancer cycle)
There are several opportunities for us to entry
1. Sell on May 11-12 the (new moon)
2. Partial Buy on May 20 at Trendline
3. Strong Buy On May 31 (Mercury Retrograde cycle)
4. Sell on June 02 (Venus enters the Cancer cycle)
Callout Color mean
Green: Strongest Effect and highest profit probability
Yellow: Middle
Red: Low
SOUNDS CRAZY, BUT Swing trading BTC with moon cycles worksA few months ago I made this chart for fun just to see if BTC follows any pattern based on the new moon (pink vertical lines) and full moon (blue vertical lines). To my great surprise there has been a trend and it is holding strong
-BTC typically peaks after the full moon into the new moon
-Almost every cycle, a few days after the new moon bitcoin drops about 20% and doesn't start recovering until after the full moon
With Elon Musk going on SNL this Saturday I think we'll see a big run up this weekend.
New moon is May 11th so expect a big sell off early next week!
I will probably sell Saturday night/Sunday morning and wait for the dump to buy back in!
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Also worth noting the riding the wave on the 20 day MA BITSTAMP:BTCUSD seems to work for BTC too!
Dogecoin to at Least $0.44 in Early May. Given some favorable astrology happening to Doge in early May, alongside what seems to be like a developing support level of $0.27, if we can hold that support, I expect breaking out to at least the $0.44 range, if not higher, if Elon tweets or something else externally relevant happens.