Downtrendline 12 years in the making about to break. These are monthly candles!! These opportunities come once in a decade! The follow-through should be majestic and multi year! RSI Trendline also breaking out! This is gonna be mother of all swings! Take care if its rejected from here and have a stop loss. Otherwise its bullish AF. Some printing from the FED...
SPX is good for a bounce here - Resistance now support = 4325 - Weekly 21 EMA support - Trendline resistance now support - 0.5 Fibs retracement from May 01 Low - RSI support zone
Bulls go!!!! Dollar needs to consolidate for this to break out.
Gold, crypto, stocks bulls need to be careful here. Dollar milkshake theory back on the menu
- Held the W double bottom nicely during this dump - W Falling wedge holding - W RS double bottom/Bull divergence - Long wick on the daily with big volume holding double bottom GL HF!!
Supports Here: - Super MACRO Trendline - Falling Wedge on D - OS up to 12 HR - Slightly front run W 21EMA - D RSI RS - D RS - Bears no followthru (at least yet) on break of D support Put a stop under it will ya. Reassess if we get stopped out
HUGE OPPORTUNITY! We got a - Super macro triangle forming with support trendline forming for WHOOPING 230 days!!! - Weekly 21 EMA which acted as support for this bull so far! (blue line) - D RSI Triangle We are close to these supports!! Also we have a daily falling wedgish pattern forming as well (blue dashed) And bunch of wicks in that area too A great play...
So we had previous bear flag have a bear followthur. And looks like we are bear flagging again. But is that too easy for bears? If we do break down and confirm the best flag Bulls must hold the weekly higher low, otherwise we are back in bear market. Could we form a Bart pattern and shoot back up? Supported by the golden crosses. What are the odds of each...
So we broke out of 4hr falling wedge (blue dashed lines), had a bit of folow thru, and then we got smacked back down. (see previous idea posted) Doesnt look particularly strong. So now we are forming a triangle consolidation (orange dashed lines) on hourly timeframe that we need to watch for guide on direction. If we break upwards and BTC helps us (not like the...
MATIC 4HR Falling Wedge 4HR RSI trendline 4HR EMA resistance BREAK = BULLISH LETS GO!!
Wouldn't be surprised if Elon tweet pumped it out of the triangle bullish He is known for it. Enter either at 1. the support 2. or on breakoiut 3. Or on breakout and retest of the structure Let's get it!!
Can this happen? This will take ages to play out and will literally bore everyone out of their mind. That could be just what the market wants to do June-ish 2023 is the target breakout time. LETS SEE WHAT HAPPENS FOLKS. Dont put all your eggs in one basket
Which way is it gonna go? bulls want breakout of 1621 bears want breakdown of 1555 and followthru break soon! GL EVERYONE
ETH looking good. it held a trendline support (orange) And broke intermediate resistance of 1200 It now needs to break 1237. This break will put a target of 1400 - to reach 0.5 Fibs and Daily down trendline of a MACRO structure note: RSI downtrendline breakout currently taking place (needs to keep going) GL HF. Bulls lets GO!
BITCOIN 4 YEAR CYCLE LOW IS "NOW"!!! We are in historic 4 year low accumulation zone 500 days before the BTC halvening whihc is due on May 2024! ALL TIME HIGH PROJECTION! = NOVEMBER 2025! We can see lower prices, but the odds are that this is the best time to dollar cost average and accumulate as much BTC as you can for the next bull run Good lcuk and dont...
Clues of the FAKE breakout - No followthru of bull candles on increasing volume - Double top at previous resistance ~1350 - Rejection volume similar to breakout volume - SP500 Rejection from key resistance (200DMA + Weekly Trendline) Now we wait for more information. Bulls want tightening range on 4HR over the next few days and a bull break. But bears have an...
ETHEREUM - Breakout likely to happen after PPI, FOMC and OpEx Bulls nearing a breakout here, but we need to make sure that the fundamental Data that is about to come out supports our bull thesis, otherwise fakeout is possible
Market overview - quick look at BTC, ETH, SPX, GOLD Gold seems to be most bullish out of all those at the moment, lining up with our overall fundamental view that Gold should be king in this macro economic environment going forward for the next 10 years