I am adding onto my previous position. @ 32.50 USD. With no regulation or reform being put in place of the current financial markets, this is one of my go to's for assets to hedge against the next "black swan" event. It's ignorant to say that the markets can maintain this current rally. Our network sees the signs within almost every continents monetary systems,...
As we come to a crossroads between a banking crisis, debt crisis and other catastrophic financial and geo-political events going on, SQQQ has set a new yearly low. I have sold my TQQQ and will start accumulating SQQQ at this price. Our CM_Williams_Vix_Fix Finds Market Bottoms indicator is signaling a heavy floor in this area. We just broke up from underneath our...
Over the last 52 days we've seen a +23% move upward from the local bottom. Just over the last week, we've seen an immaculate pump, but do we have the momentum to continue to move upwards or is this just a bear market rally or bull trap that is about to go bad? Crypto only focused individuals. I cannot tell you enough, crypto has a huge market correlation with...
(Opinion) Last time we saw technical factors at these levels we saw the TOTAL have a full on black swan crash. While some may claim this was due to things like FTX, I always like to remind my readers that the macro market factors surrounding global monetary policy are far outweighing how the cryptocurrency market will move over the next year and possibly...
(Opinion) As the monetary policy of the dollar grinds forward in 2023, our last fed meeting left us with Jerome Powell promising us more rate hikes as 2023 moves forward. How realistic is this though? With things like energy, food, and just about anything cost you can think of skyrocketing in price throughout 2022 and continuing to move up in 2023, it really...
Sorry I went AWOL, I had the sickness that shall not be named for a while. Feeling better now. I am adding 1 BTC onto my BTC position. I have had this position open in a cross margined account for over a week now. This is going to be a long play for me, not worrying about the fees for now. Fundamentally, I've rarely seen BTC move in such a consolidated manner...
I am starting a small hedge on TQQQ. If you don't know, I flip from buying SQQQ and TQQQ. Our 4-hour chart is signaling a slow of momentum downward, as well as what may be the start of a pullback. We're currently in a major area of support. We just broke underneath the Keltner Channel and we'll have to retest resistance to move back into it to signal the start...
I am doubling my position on my trade from yesterday. My current entry price is 17,057 USDT. We'v now broken down to another major support area, but this time we see the 4-hour chart start to consolidate in many different ways. Our CM_Williams_Vix_Fix Finds Market Bottoms is showing a heavy floor. Our momentum indicators, TSI and MACD, are starting to flatten...
APE has hit a major area of support as the TOTAL and BTC bottom out in momentum once again. This coin is far beneath the Keltner Channel and I believe with the past confluence of price action in this area we'll find support to retest back into the channel. We're far underneath our 200-day EMA and I believe we will retest it as resistance. We are seeing a...
After the FOMC meeting sentiment crashed in the market as Powell confirmed that rate hikes are "planned" to continue throughout 2023. We will see if this actually happens. BTC dropped from 18,300 by over 1,000 USDT. I am currently entering a scalp long position as we currently have heavy support and the 1 and 4-hour 200-day EMA's and I believe we may enter a...
I am adding onto my position in SQQQ, my last buy in point was $41.85 with the FOMC about to happen over the next 2 days, this is going to be my hedge against any drops in the market. We're well underneath the Keltner Channel and I expect to either trade sideways for the time being or move our way back into the channel as the next 2 days go on. We're sitting...
AERG is a military contract company based out of North America. They're at a yearly low and I am adding this on my portfolio. We're well underneath our Keltner Channels on the 1 and 4-hour charts. I believe we'll see support around this area as we retest our area of support that we just broke, marked with a red box. I believe we'll retest the 200-day EMA. I...
Gold has a much more calm market compared to other assets I track and trade. Here would be where I would start opening short positions. We've seen a double top on the 1-day chart, also breaking out and back into our Keltner Channel, a sign of a reversal. If we break support of the 200-day EMA, which I believe we will, we'll retest our $1,720 area for...
I'm opening up a position on APT due to the more than 9% drop from its last local floor. momentum downward has started thinning and it can be seen in the TSI and MACD. We are waiting for confirmed crossovers. we were well underneath our Keltner Channel and have now entered back into it, a sign of a reversal I seen a downward wedge pattern forming and expect to...
(Opinion) A local floor may be forming in the altcoin market. CM_Williams_Vix_Fix_Finds Market Bottoms Indicator is starting to form one on the 1-hour. This may be short lived though. The DXY still have room to move upward after its first few hours being open. This could potentially push the TOTAL / TOTAL2 down further. 4-hour charts for the TOTAL / TOTAL2...
Opinion: As we track the FOMC meetings and the Federal Reserve's hawkishness on the markets, I can still see the DXY retesting for new highs in the upcoming year. We're potentially looking at another .5% increase on the 13-14 when the next meeting is scheduled. Inflation is NOT over, this chart is one of the key factors, long-term, that makes me wonder if we've...
Opinion: LET ME TELL YOU ABOUT GBTC... To the higher end investors in my friends list, Grayscale Bitcoin Trust, ticker - (GBTC), is an institution that North American investors can buy into at the starting price of 50,000 to open an account. I track GBTC as an index because you can see the flow of institutional wealth going in and out of BTC through it. It's...
Bitcoin is interacting again with the 200-day EMA on the 4-hour chart. We are not setting higher highs and lower lows in a macro perspective and I am going to open another short position up for BTC. We're well above our Keltner Channel and momentum upward has started to thin. We are evening out in price action. You can see this in our TSI and MACD indicators as...