You are welcome, Follow and Boost for more ideas and cheatsheets like that. Trade wisely!
So this is an indicator based on a glassnode metric that I did and don't try to read it directly in relation to the price - They are independent from each other. One thing that can be correlated though, is the behavior. Each time It has shown signs of flattening or strong bounce - it was a good time to buy. Right now we don't see neither. I'm not investing yet.
Breaking this curve could lead to a retest of 0.618 fib level + broken resistance that would act now as support - if we don't break it - we will go for a retest of last highs forming a double top or continuing the trend.
This is going down! Losing momentum after hitting wedge's target - 4h timeframe bearish - let's see where it lands. Additionally Trend Exhaustion's Whale money (white line) has hit ceiling. Bearish!
"...One way, or another, I'm gonna find ya I'm gonna meet ya, meet ya, meet ya, meet ya..."
This is the third scenario - pa along the trendline. Hasn't bounced nor broken out - we keep monitoring it. So far all shows it's gonna head down.
DXY has already broken the ascending curve - which is getting bullish for stocks - unless it consolidates and defends its supported level now. Normally I would long stocks, but If you look at the Trend Exhaustion and RSI - they haven't broke their trends - in fact they still have room. If price keeps that level until then - it may result in a bounce and...
But it is at resistance once again. The curve channel formed tends to break to the upside, therefore a revisit of 3900 area is in the game - although I stick to the white trajectory drawn - if it doesn't go above $3900 Cheers
VIX is consolidating at very high levels - bounced off of the double top neck - possibly will plan to fill the weekend gap now - If we break to the downside - then 2008's scenario is still in the game and we revisit double top's target. If we keep going uip and break that htf and ltf curve - we head into unknown territory with sky being the limit.
As you can see - all crashes on SPX have been synced with the above chart dipping big time. What do we have now ? The chart hasn't even gone down - yet SPX has dipped -27%. The difference between SPX's TOP and the start of declining of Inflation Rate / CPI is of an average 15-18% decline on SPX. The only problem is that we haven't even started properly...
BTC is taking its time here, but nothing has changed much - I'm even more convinced in longing here, since the break of the curve didn't bring volatility during the fall. Volume trend on 4h is starting to go up, and rest of indicators seem to have taken a break. Open Interest also has reached a lower extreme - The market is ready for a bounce and retest of the...
This chart is flawless - we are balancing right now on the edge between DOOMP and relief retest - by the looks of stocks, it looks like a retest of the higher curve could happen before breaking down. Better R:R to long here - until we cross to the red area.
DXY's parabolic move - I'm still really bullish on the Dollar, specially if there's no FED pivot ahead - but this time it seems this consolidation is leading into a small retracement afterall - Together with VIX forming a double top and SPX breaking out - We could see a small retracement - or a consolidation if I may call that so. Not expecting a major fall here...
...but this is just the market reacting to latest strong falls - I expect consolidation to happen until VIX goes a bit lower and this way SPX will form a HTF bearflag - leading into a breakout to the downside for the final down-trend. Target marked on the chart.
VIX still doing what is expected - it crossed both lines and now is forming a double top which will lead into a small relief in the stock market - just like the fractal shows - we should retest that lower area before going into infinity.
A clear curve channel has been formed and we're sitting at the bottom of it - breaking it will make us go for lower FVG's and possible lose our local lows. If we keep the channel, then I would expect a retest of the htf top curve (orange) to be touched before any further lows.
This is your ultimate chart to predict the crash. Search no more. Everytime bonds broke trend and started spiking up - crash for stocks (And crypto) was imminent. We didn't even approach the trend yet - so it means this is just a correction. Cheers!
It is just because no Crypto has ever experienced a real big crash. And now we are approaching the Great Reset. No DCA will save you here.