$LINK 10X initiatedKey rejection from this level marks a strong recovery that aims straight at ATH. Path is delineated but speed may very. Months long consolidation will bring explosiveness to it.10X for this main industry player is highly likely. Many onset developments to be excited about with this one. March 1 Pinned tweet quote:
" Introducing #Chainlink Functions—the serverless #Web3 platform for connecting any data, device, or system to smart contracts.
Functions brings Web2 services like
@awscloud, @Meta, and @googlecloud
on-chain to empower devs to #LinkTheWorld to Web3.
blog.chain.link/introducing-functions/ "
Finally
SPX: Denial on Denial.SPX: Denial on Denial.
There are too much facts going on for anything else to happen than this.
where should I even start.
Highest debt ever above 140% for US. No increased debt ceiling.
Yield curve topped out. Bonds needs to get bought.
Inflation coming down harder and unemployment increasing rapidly.
Core CPI is larger than CPI. harder for households.
More house on the market than ever. Households are not getting sold.
VIX expiration today 17e.
Biggest expiration in QQQ, SPY, IWM, VIX expiration 19e this week.
FED PIVOT is already here. When that happend in history, Recession has always followed.
More outflow in stocks than inflows. Options is the only one saving the market till everything expire and the short bag is to great.
A Wyckoff Perspective on Bitcoin. Accumulation Looks Convincing!Here's a quick look at our current Bitcoin scenario from a Wyckoff perspective.. The Wyckoff accumulation event suggested here is a nearly textbook case example. The market seems to be reverberating from a large amount of strategic accumulation!
I might suggest that our 'must hold' level for this bullish scenario is the shaded area between $3700 and $3800. However, it may not be. If one subscribed to this idea, the shaded area would be a wise place to enter a position, if the support holds.
History (and markets) don’t repeat but they ofter rhymeAfter many days of painfully watching and waiting I almost traded back in last night.... happy for the waiting now
Feel more confident after the trend is fully completed and we can move onto a period of stability.
This is my first post and I'm my views should not be taken as a vision of the future but I'll finish this and all future posts with history (and markets) don’t repeat but they often rhyme
My targets
• Buy back in at $8500.00 and again at $8000 if trend continues
• Will reassess at $10 000 and $9000.00 to see what it looks like
Thanks and keep learning
DXY Dollar Index Update Finally the Dollar hits Key SupportDXY Dollar Index
DXY has rallied from lowest blue line (just out in fact, but
close, considering how far it has fallen now) and rallied to the
next line pretty much spot-on. So it's now vulnerable again at
this point....it has to push up through this next line right here
at 89.42 and hold above here for the dollar to go up any more
and therefore for EUR and GBP to go down any more from
lows hit today.
That is a good spike though, for sure. It could be the low...but
we will only know for sure when the next move back lower
begins...but bulls will take cheer from today and try to push
DXY higher now if they can. This is line therefore the next key
level on DXY right here, and so too therefore for the pairs
LONG BTC / THE FIRST TARGET REACHED AND GO FOR MOREOn the descending line are the prices that were barrier and stop for the BTC to follow its bull run, which perfectly match the Fib levels.
And the possible ones that remain or the king is already able to continue his longed up way up?
We will see.
1st TARGET REACHED ------------USD 3824.88 (FIBO LEV 0.382)
STRONGEST RESISTANCE LEVELS USD 4.000/4.122,81/4.544,11/4.903,29/5.364,16/ATH/6K/6.182.09/6.352,94
Thanks to the followers, likes and messages.
Whatever happens that has to happen, but that must be fair and transparent!
THE FINALLY PRICE TARGET OF BTC 2016! and happy trading for all!After the first target reached usd 780.- at the range 780/790, BTC gonna make a retracement of usd 23/25 to finally go to reach the 2016 target of the mayor psychological level.
I put the links of my previous BTC charts.
Thanks for the msjs, followers, likes, tips and many new friends that i maked doing that i loving, trading.
I wanted to leave the next sentence
" The panic cause that you sell at the minimum, and greed causes that you buy at the highs"
"Bull markets have no resistance and bears have not supported"
2 IHS for the price of 1Price teasing with neckline but has still to make the breakout for the IHS' to pan out.
Must admit that I still stick to my monthly chart that is finding a market top due to a harmonic pattern that has been building for over 3 decades and the latest 2009-2014 bull run ( See chart below) On the other hand a move back and forth - bouncing on the monthly 1.272 fib extension is within a tolerable margin.
Safe trading ladies & gents!
BM
Music at work:
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