BTC.D - still the sameBearish flag -no matter how high it will bounce - expecting it to hit bottom at those marked lows.
After that going all-in in btc.
Secretguy
BTC - you need to see thisBTC is playing open cards here - It is relying on this curvy channel all along - and Will go down as soon as it touches the top of it.
20500-21000 and then down.
Cheers.
VIX is telling you somethingVIX already broke the curve and even retested it.
We will doomp heavily in the coming weeks/months.
Don't invest long-term for now.
DXY - will keep parabolicStill expeting DXY to be parabolic and keep the curve's pace.
I don't see no reason for any correction so far.
SPX - Final Consolidation aheadWe are entering the final consolidation before the biggest dump you have experienced in your trading career*
SPX has touched bottom for now - it could fill that long candle but I'm not expecting deeper lows than the one we have now.
Stay safe.
*unless you are a trader with 15y of trading experience
VIX reached target, now correctionIt looks like VIX isn't yet ready to break entirely - Double top with the second one being curvy (lack of power) - Expecting this relief to play out now.
SPX played out its role, now up?SPX has been very consistent - it faked out a drop and recovered pretty quickly - breaking that top curve now will lead to some relief. Monitori it !
BTC/SPX Breaking !!Green scenario playing out - Expect crypto to outperform stocks for some time!
It looks like stocks could crab up for some time - meanwhile crypto could have some minor relief.
BTC third drop and up we go!As you can see, All tops had 3 correctional waves. We are now in wave 3 - but still awaiting that final drop that happened in every other correction !
keep patient!
BTCUSD - Another visual of why 15k aheadHey !
So this curve channel is very essential since the beginning of the bear market. As you can see - next touch needs to be on its bottom, before attempting to break it - 3 touches have been already denied. Enough to reverse down.
But promise me you will consider $15k as a temporary pivot level - just for Christmas.
Cheers !
BTC.D for the upcoming yearsIt looks like it wants to.
We are now in a bearish flag (consolidating) and showing strength for more downside - target shown on the chart - very possible bottom of bear market and a start of the new leg up for next years
BTCUSD - breaking this curve was vitalThese kind of curves don't tend to break to the upside - and this one even tried and came right back down.
This week is going to be hard to digest. But expecting relief after.
Cheers.
BTC/SPX My bearish view still stands - price is struggling to get passed this trendline - although I have marked a bullish scenario in case it breaks it, as it is showing strength in holding during this weekend.
Cheers!
DXY - 120 incomingBig resistances are too strong of a magnet to get omitted - $120 is the previous big top - if we don't reach it out, it means it's gonna go passed it next time.
Therefore possible double retest before small relief.
Also remember we just broke a big weekly/monthly descending wedge. Dollar is going for the 160's in this bear market.
Cheers!
US100 you may want to check thisSo US100 hasn't even reached 0.618 fib level in this correction - it is literally fighting with support to reach there.
The only time that price acted like this, has shown a further drop before relief - and that drop should reach 0. 618. Possibly CPI results could trigger it (imho CPI results could come out positive for markets, but the drop would be a flush of greedy longs).
Relief until EOY and a beautiful beginning of 2023 + entry into recession.
Cheers!
VIX - Stocks Sentiment in preparation... for the ultimate drop. So we have broken the top curve - that is bad as hell already in itself. Additionally we retested it and have been trapped since then between the top descending trendline and the curve.
What I expect to happen next is for VIX to consolidate ( or break to the upside and retest the trendline ) until EOY. Check my US100 idea to see what stocks predict in the meantime.
As a reminder - VIX has never shown such sentiment "moves" as we have nowadays - but just once in the past - And that one time has been replayed perfectly so far - that's one of the reasons why I expect VIX to consolidate or even show slight signs of minor-relief for stocks until Christmas season.
Cheers!
BTCUSD - Multiple Fractals look!Two different fractals are now pointing down - and both of them agree on a consolidation period after the first fall.
We need to sweep liquidity below this years low before we can move anywhere up.
Targets remain subejctive and dependent of the market - One of the fractals shows a target of lower Daily FVG (9-10k), the other 14k - clear support.
My Bear market bottom is $8k, so I don't think we're headed that low yet. Because of FED most likely pivoting (as it is happening now in other countries aswell) - we should bounce before cleaning those real lows.
Cheers!
SHIBUSDT - any fans?!SHIB is in a middle point here - but all suggests we could see a drop first - and after that a retest of top of the channel - most likely a breakout - but I would accumulate lower first - watch for daily RSI oversold and long until whale money reaches high levels on Trend Exhaustion.
Cheers!
BTCUSD - hey look at this!The curvy channel's magic! IT bounces from top to bottom(obviously) and when it has last touched the top, it now needs to touch the bottom (duh!).
Making it visually understandable, but many more factors suggest more downside - good to re-invest down there.
Cheers!
BTC/SPX - not ready yet !Bitcoin isn't yet ready to outperform stocks - specially with stock's bounce. This chart shows the why BTC kept in place while stocks bounced - a cross to the upside would really push the price, but it seems the confluence of resistance at this level is too strong - Very likely we will see another drop soon (here to retest the bottom again) - around or during the weekend when stocks will be sleeping.
Keep monitoring it - if we don't break the bottom support - we will break out and have some relief after !
BTCUSD - tell me, how!?How can someone be bullish here:
Touch of top curve
Trend Exhaustion very High
HighsLows very High
Momenter signaled a short
RSI overbought instantly
Open Interests skyrocketed fueled by greed and by linearscale chart breakout
How to get bullish here ?!
Anticipating here a consolidation and ranging period until NFP on Friday. But not bullish at all here.
BTC - one more thing !Project last two corrections onto what we have today - and both of them end up on the $9k area - where the main supporting curve is, where the CME gap is and where the Binance US wick hit last year.
A lot of confluence there, based on history.
Bearish until then - even bounces won't change that.
BTC CME GAPs and Bin US targetLong wicks like to get filled - last year we had a long wick to $8k from the ath level - since then we've been consistently going towards the bottom of that wick.
So far, yet so close already ... What do you think ?
Doesn't fit my idea of a bounce though, and long wicks don't like big moves before being filled - are we headed straight there first?
