My Force Accumulation indicator is showing that institutions began massive shares-accumulation since the pop-off from $12 to $17s. Have a short-term target price of low $20s. However, based on the amount of accumulation, it's possible that institutions on the long side of the trade are prepping for an actual squeeze (possibly a gamma squeeze?) and we blow past...
We see multiple touches of BTC's Supply Zone at FWB:31K across multiple days. Per my accumulation indicator, net accumulation on the 2h chart has gone into negatives. This last push to FWB:31K today marked the last massive hidden bearish divergence confirmation of the reversal. I am expecting BTC and ETH (and all crypto) to fall massively before Wednesday...
It was the top. At 12:10pm EST, the high at FWB:31K was the top. The high at exactly 3pm EST was the confirmation. That's where I sold all my altcoins after picking them up for this run this week. This was also timed with the market crashing, like in my other post from the previous days. The market crashed. There will be news this weekend that will be...
We have several points of confluence for a short from here. 1. BTC, the crypto market leader, has hit a long-term resistance trendline. (Note that ETH has not hit the same trendline on its own chart, but I have other reasons to believe ETH will still drop heavily here from the 1750s price point.) 2. BTC is showing signs of a large hidden bearish divergence on...
My previous post on Bitcoin was wrong. Despite seeing a hidden bearish divergence signal, they sometimes appear falsely at bottoms when reversing. While looking at alts, I noticed this about them. Zooming in to hourly time frames (I got several points of confirmation, including increase in volume with price jump) that all alts with this pattern are being heavily...
The image speaks for itself. I could be completely wrong though.
Same day as SPY/Futures hitting double top, bearish harmonic pattern (check out my other idea).
Same day as SPY market crash where S&P500 Futures converges to a giant midterm bearish harmonic patter, as with stocks like NVDA. Same day as BTC reaching $34k. Expect a big crash.
This is the most OPTIMISTIC outcome for NVDA I believe. There is another possibility I have in mind which results in us gapping down quite a lot on open. But overall, I'd say this may be a good guess based on the amount of distribution volume we've seen. I don't think we'll retest the highs anytime soon, because on Friday we ended with some pretty big sell...
We're pretty much just moving with BTC. So here's a short-term prediction on where we go. I don't think we're going to retest highs anymore, and looking to fall back to 1600s within a few days or less. We consolidated too much at the 1700s and fell too low, so it was basically distribution, not accumulation. I think we go down a lot from here. Check out my other...