


It's been a while since I posted, especially on the long-term view of Bitcoin. If you want to know what I've been up to, I will provide you with an update at the bottom of this post. As much as I want to believe in Bitcoin going to the moon 🚀, we must be realistic and understand the dynamics at play. Dynamics have changed significantly since we saw the top a few...
BTC is pushing hard against the trend and this force will be met with a correctional wave back down to $41k. I expect BTC to revisit the recent higher highs and BTC might break the top but revisiting FWB:41K is of high probability.
Here is how the market cycles are looking. M15 Slowest Cycle: Bullish - Strong - Flat trend Slow Cycle: Bearish - Strong - Flat trend Fast Cycle: Bearish - Strong - Down trend Fastest Cycle: Cross - N/A - Up trend Seeing the cycle for today turning bullish looks like M5 Slowest Cycle: Bearish - Strong - Down trend Slow Cycle: Bearish - Strong- Down trend Fast...
Let’s start the day by analyzing the cycle trends and their strengths. This will give us a good understanding of today. M15 Slowest Cycle: Bullish - Strong - Flat trend Slow Cycle: Bearish - Strong - Flat trend Fast Cycle: Bearish - Weak - Up trend Fastest Cycle: Bearish - Strong - Downtrend M5 Slowest Cycle: Cross - Weak - Downtrend Slow Cycle: Bearish -...
Happy New Year! Looks like the market is starting with some sort of a correctional wave. Let's keep in mind that a correction is to be expected and SPY going back down to $425 is a likely scenario before the end of the month. However, for day trading, we will have some bullish days and slightly more bearish days. What kind of a day would it be today? It's...
I know many of you are pondering over the alt-coins trajectory come the end of January. Stick around for a meticulous breakdown of three scenarios, each backed by solid reasoning. Casting an eye over the chart of the top 10 alt-coins, weighted equally, we're approaching the historical green S/R zone. The proximity raises a compelling question – will we breach...
The bulls are pushing hard. As you can see, this morning we broke the gap that was left on SPY yesterday at 474.70 and this was a very fast recovery. Now the question is, will it stay bullish? It can remain for the day. However, we should be cautious as the move today is a correctional wave for yesterday's impulse wave. There are no more reasons for the price to...
What if I told you that what you saw yesterday was expected as a correctional wave of the impulse wave that we saw on December 13th? That’s exactly what we saw yesterday. Every impulse wave will be corrected with an equal or greater correctional wave. That’s the duality of price. Now the question is, where will we be going today? The longer-term cycles are...
We are starting the day with some bullish weakness overnight. However, we have the longest wave holding steady and strong with bull strength. We have the next longer cycle giving up this strength with the fast cycle coming down. The fastest cycle is below 0 as well but could be strengthening. Today is a day of caution and to determine exactly where the price is...
Today we can expect to see a continuation of the bullish trend as price makes its way up to 475.60. I will be going long on every dip when there is a sufficient volatility gap in the direction of the strength that I see. Which can change from minute to minute for day trading. Check this post from time to time as I make updates throughout the day. If you find this...
Looking ahead to Monday, signals are emerging from the M1 cycle indicating the formation of a market bottom – catch a glimpse of the action here: On the M15, the resilience of the long-term bullish trend is evident, with the accelerated trend line also holding its ground. Despite this, we must entertain the possibility of a pullback to the robust, long-standing...
SPY's Bullish Surge: Decoding Market Indicators and Gaps The SPY is riding a bullish wave, scaling new heights with remarkable momentum. On my chart, three proprietary indicators are at play, offering unique insights into the market's pulse. Particularly noteworthy is the indicator that measures cycle direction strength across time frames. Currently, it signals...
Attention traders: As we step into the new week, our analysis indicates that the SPX is poised to test critical levels. Keep a close watch on $4614.28 tomorrow. Should this level be breached, we're looking at a potential pullback to $4585.55, providing a strategic opportunity for informed decision-making. Recent patterns suggest that 4614.28 could be reached in...
If you day trade and want to know where the market will go the next day, then follow me. I will be providing end-of-the-day high probability levels for SPX must touch when the market opens the next day. The highest probability is for SPX to touch $4585 and $4571 is likely.
SPX Update: Bracing for a Dip Before the Bull Run The S&P 500 Index has had quite the rally, but it's showing signs that it might take a breather. As we head into the holiday season, rather than expecting continuous climbs, there's a chance we'll see a quick drop—a 'correction'—to around 4400 points. This could be a golden moment for investors to buy in ('go...
The market is turning to the bearish side, and I expect BTC to fall to around $30k before the middle of January. It will continue to fall until the ETFs are approved, which is expected in early January. Then, the next wave will push the price up.
Based on the current momentum, very high probability of BTC reaching $45k before the end of the year.
We can expect a continuation of the bullish trend until at least next week, and here is my technical reasoning for why. 1. We saw a bit of bullish strength at (1), where the price broke above the top trend line. We witnessed a battle between sellers and buyers with sufficiently high volume, and the profit-taking drove prices lower. 2. However, at (2), we saw high...