This chart does not look good.... Expecting at least 97 from here... would not be surprised if we go to 85k from here Also would not be surprised if the actual cycle top is in here... That volume on that second push up, with a big rejection, screams Wyckoff top
Few are seeing the big picture... Rates have diverged now (nominal vs real) for 3 months consecutively Fed has appeared to have lost control over markets And they will do whatever it takes to save the treasury market at this point to get rates back under control Including crashing the stock market
It is what it is... a lot of confluence here. Honestly, if Bitcoin loses 94.7 all bets are off and alts are most likely doing a full retrace with BTC touching low 80's minimum, potentially even previous mid-70's consolidation for support. I want to say long around this level, as it should be easy to manage risk... However, watch out for freight trains!
Pocket coin Who knows what this thing is But it looks juicy Ready for more upside?
The day we've all been waiting for! LET'S GO BOYS WOOOOOOOOOOT!!! NGU ONLY!!!
Last week appears to be a trap in the way that NASDAQ:TLT closed imo. Watch closely how this weeks candle closes. Looks like potential for a bullish hammer right off of a macro S/R flip. Treasury bears better pray NASDAQ:TLT doesn't get above 102 again any time soon imo. That is the key level to watch in the short term.
Vix, under the red box = bull market, historically speaking... however, over the box = entering bear market or in bear market And the level we are currently basing from and have bottomed off of recently (locally) is the exact level the vix usually bases off of before a vixsplosion.... Structures of RSI and momentum show a lot of potential and hidden bullish...
rest in peace - global financial markets in 2024 imo the can that has been kicked down the road since 08 is no longer kickable credit event soon? watch closely to what happens between now and march
Looking at global macro, utilities, treasuries, rates, inflation, etc. - a credit event seems to be right around the corner. All over the charts, I'm seeing price structures like we are currently seeing on HCA. Highly distributive patterns/price structures. Such as S&P and NQ looking like a massive bearish bat pattern for the last 2 years xD The behavior of...
see yall later! time to go to inferno with rest of monetary system banking failure underway 18-19 looks like a good final area
LET THE FIREWORKS BEGIN Capitulation ahead Global margin call Global dollar shortage Once in a lifetime event Biggest crash since 1929 ahead DXY to 140-160? It is time.
watchin them good ol levels closely lets get back to baseline of 2012 shall we?
send this thing to rekt city everyone rekt = fixed labor market which equals taco bell will actually stay open to their hours and not close early anymore
400's next? this thing looks absolutely rekt lol economically speaking, POS will destroy the value of eth
how many candles does it take to get to the center of a 6.3k btc?
something something risk off not sure this market is ready to collapse as many people think history doesn't repeat but it often rhymes
Jk, we are already in Doom mode what comes after the ? is my biggest question.... everything looks like doodoo otherwise good luck traders
Green box then what? A lot of confluence here for a local bottom What if we smash through the green box? What if we don't, and get rejected?