BTCUSD - History rhymes!Doesn't repeat, but it often rhymes - don't expect this consolidation to be 1:1 - we could ramp up a bit towards +20k, but all fundamentals lead to the same ending. We need a final flush.
Secretguy
BTC - 2018 vs 2022What do you think ?
Have replicated BB settings and trendlines - according to those two, we have matched possible areas of price action, tops and bottoms.
Cheers!
BTC LowTimeframe FractalThis is what I expect - together with my HTF idea it should lead to new lows early November.
BTCUSD is respectfulBTC respected all curves and has now broken up - Good ! Time to retest a long-term curve at $21k.
I am happy to see this, as I have been seeing a multi-week divergence already and was waiting for it to clear out - I will be bullish short term but first - we need to get rid of all retail longing until $14k.
Expecting the price to bounce down hard after reaching $21k area.
Be ready to invest at $14-$15k !
BTCUSD cheatsheet for the upcomingYou are welcome, Follow and Boost for more ideas and cheatsheets like that. Trade wisely!
BTCUSD Long TermSo this is an indicator based on a glassnode metric that I did and don't try to read it directly in relation to the price - They are independent from each other.
One thing that can be correlated though, is the behavior. Each time It has shown signs of flattening or strong bounce - it was a good time to buy.
Right now we don't see neither. I'm not investing yet.
USDT.DBreaking this curve could lead to a retest of 0.618 fib level + broken resistance that would act now as support - if we don't break it - we will go for a retest of last highs forming a double top or continuing the trend.
BTC.DThis is going down! Losing momentum after hitting wedge's target - 4h timeframe bearish - let's see where it lands.
Additionally Trend Exhaustion's Whale money (white line) has hit ceiling. Bearish!
BTCUSD - as easy as that"...One way, or another, I'm gonna find ya
I'm gonna meet ya, meet ya, meet ya, meet ya..."
BTC/SPX updateThis is the third scenario - pa along the trendline.
Hasn't bounced nor broken out - we keep monitoring it. So far all shows it's gonna head down.
DXY - lets zoom in here for a secDXY has already broken the ascending curve - which is getting bullish for stocks - unless it consolidates and defends its supported level now.
Normally I would long stocks, but If you look at the Trend Exhaustion and RSI - they haven't broke their trends - in fact they still have room. If price keeps that level until then - it may result in a bounce and continuation of the trend.
SPX reacted euphorically last weekBut it is at resistance once again. The curve channel formed tends to break to the upside, therefore a revisit of 3900 area is in the game - although I stick to the white trajectory drawn - if it doesn't go above $3900
Cheers
VIX - Still in the gameVIX is consolidating at very high levels - bounced off of the double top neck - possibly will plan to fill the weekend gap now - If we break to the downside - then 2008's scenario is still in the game and we revisit double top's target.
If we keep going uip and break that htf and ltf curve - we head into unknown territory with sky being the limit.
Inflation Rate against CPI IndexAs you can see - all crashes on SPX have been synced with the above chart dipping big time.
What do we have now ? The chart hasn't even gone down - yet SPX has dipped -27%.
The difference between SPX's TOP and the start of declining of Inflation Rate / CPI is of an average 15-18% decline on SPX.
The only problem is that we haven't even started properly declining (circled area).
Two assumptions based on this - Either we still have time in this market and this was just a correction...
or...
... the fall will be huge.
Personally expecting markets to recover a bit and soon inflation rate will spike down together with SPX falling.
Not investing big time before seeing a proper spike down.
Cheers!
BTCUSD Still longBTC is taking its time here, but nothing has changed much - I'm even more convinced in longing here, since the break of the curve didn't bring volatility during the fall. Volume trend on 4h is starting to go up, and rest of indicators seem to have taken a break. Open Interest also has reached a lower extreme - The market is ready for a bounce and retest of the channel's higher curve.
SPX/US10Y/VIX - Monitor thisThis chart is flawless - we are balancing right now on the edge between DOOMP and relief retest - by the looks of stocks, it looks like a retest of the higher curve could happen before breaking down. Better R:R to long here - until we cross to the red area.
DXY attempting retracementDXY's parabolic move - I'm still really bullish on the Dollar, specially if there's no FED pivot ahead - but this time it seems this consolidation is leading into a small retracement afterall - Together with VIX forming a double top and SPX breaking out - We could see a small retracement - or a consolidation if I may call that so. Not expecting a major fall here as this will continue parabolic later this year.
SPX broke out, but ...but this is just the market reacting to latest strong falls - I expect consolidation to happen until VIX goes a bit lower and this way SPX will form a HTF bearflag - leading into a breakout to the downside for the final down-trend.
Target marked on the chart.
VIX - to the dotVIX still doing what is expected - it crossed both lines and now is forming a double top which will lead into a small relief in the stock market - just like the fractal shows - we should retest that lower area before going into infinity.
BTCUSD LowtimeframeA clear curve channel has been formed and we're sitting at the bottom of it - breaking it will make us go for lower FVG's and possible lose our local lows.
If we keep the channel, then I would expect a retest of the htf top curve (orange) to be touched before any further lows.
Bonds vs. SPX - No earlier call than thatThis is your ultimate chart to predict the crash. Search no more.
Everytime bonds broke trend and started spiking up - crash for stocks (And crypto) was imminent.
We didn't even approach the trend yet - so it means this is just a correction.
Cheers!
Visual on why Crypto got you used to gainsIt is just because no Crypto has ever experienced a real big crash. And now we are approaching the Great Reset.
No DCA will save you here.
Yields vs. SPX - proof we started too earlyThis is proof we started declining too early and we can still expect a lot of wonders before the actual crash. Before we truly don't go above 0 on Treasure yields - we can still expect some push to the upside - and even significant ones.
