Mixed signals in the smaller time frames, but the larger time frame remain solid on bearish moves... So end of the month is key.
Charts and indicators signal that we are ether in early stages of a grand topping phase or we are topping now... but it is hard to tell since I suspect there is a lot of emotion at the moment in BTC.
Although the bulls came out in full force in social media, charts are still flashing warning signals on the large timeframes, but people are addicted with the shorter time frames.
This rally seems to be more emotionally driven than anything, and I am remaining calm until I see confirmation that this is the real deal... I cover a lot in this video. Enjoy.
Cycles are signaling that we might have one more push to the downside and a strong one at that, but then even indicators are saying that will be the re-entry point. Note that RENKO has already given people the greenlight to re-enter, however other charts are saying there might be one final last push down before we can re-enter, but either way, re-entering right...
Cycles and indicators are signaling that we are approaching a bottom, but there is still trouble ahead. Cycles indicate that we might have 5-7 more days of potential chaos before indicators signal that it is safe to re-enter. For now, things remains bearish. I won't know more until we get close to Sunday weekly close, but for now, signals indicate that we are...
Cycles and indicators are signaling more downside... BUT they are now also signaling a possible end to this correction. Not all indicators are saying downside... some are beginning to say that it is safe to begin re-entry, while other are saying a little more downside. Either way, I don't have a majority rule vote here, so for now, the bears remain in control.
We are approaching the critical date of July 1st... Signals remain bearish, but there is one item that could help the bulls, but still, majority of indicators and cycles remain bearish.
There is more bearish news unfolding and the bulls somehow are still claiming new ATH... but the charts, cycles, and indicators are flashing WARNING signs everywhere...
Minor updates and target to keep a close eye on in order to see if we rally or break down further... we have 12 days to go.
Cycles and indicators continue to point down and somehow I see many people on Youtube saying to get ready for the pump... Perhaps, but not yet... and we need to see how low this pullback goes in order to project a 5th wave or maybe a B wave part of a 3 wave correction. Once indicators signal that the price can't go lower, we can then project out price targets....
It has been a long time, but not much has changed since my last video. Cycles continue to point down and charts continue to signal that something big and bad is coming. see the video and you decide. Make up your own mind.
Another EXTREMELY DANGEROUS SIGN is VISIBLE, which brings us to a total of two signs that spell major problems.... A MONTHLY DARK CLOUD CLOVER AND A 2 MONTH GRAVESTONE DOJI.....
An EXTREMLY DANGEROUS SIGN has formed in BTC and I am not sure people are prepared for this....
Charts remain bearish and I don't see a signal of a reversal anytime soon.
Charts remain very bearish for the Stock market using spy as reference. This is a quick small update since I am in a hotel using my hotspot, but I wanted to send out an update.
Cycle sand indicators are still in bearish mode, with a dead cat bounce coming, but somehow there is more downside according to the charts.
Cycles and technical indicators on the larger time frames remain bearish. Seems like BTC wants to pump, but the larger time frames are still very bearish, but we will see.