As expected, the DXY is TANKING alongside the 10Y, and the WMA9 is finally breaking below the 20. This combo is turbo juice for markets, as it allows Central Banks around the world to stimulate and opens the door for more growth in the US economy. Ignore asset prices. Focus on the macro. This is a leading indicator. HODL.
I don't think I've ever seen market makers try to fill a CME Gap this fast in the history of CRYPTOCAP:BTC Futures. I wonder WHY they want to fill it so fast 🧐 HODL ✊
CRYPTOCAP:SOL smashes through the EMA9 and SMA20. Looking for the cross for confirmation. As previously mentioned, that green box was critical to clear $170. Need a cluster of closes above this. My 4x LONG is happy rn 🥳
Last time CRYPTOCAP:BTC claimed the WMA20 signaled the US election Trump Pump. BTC has once again closed above the WMA20. Cue the Trump Pump 2.0 🚀 (please)
Been accumulating a very large position of FWB:HNT Bullish Exaggerated Divergence on the Daily RSI. Price looks to have bottomed claiming previous lows. Helium Mobile is one of the strongest IRL DePin projects 💯 $600m Market Cap is extremely undervalued compared to the rest of the industry.
DXY fractal from 2017 is playing out nicely. Looks like it will retest $108 mid-March and break $106 in early April (hopefully before). This lines up perfectly with the Global M2 (12-Week Lead) liquidity injection.
Shows a big liquidity injection coming in early April. Might be a bit bumpy until then 🎢
Saved by closing the month above $2200. However, RSI still shows more pain to come. If ETH cannot convincingly hold that $2100 level, it will most likely retest the $1700 - $1850 range.
What an epic day for CRYPTOCAP:SOL today with an 18% rally! Closed the month outside of that accumulation zone I mentioned in previous TA, which is very promising. Looking for SOL to build a cluster this next week outside that range, and then make another leg up into the green zone to reclaim the EMA9. Take it level by level 👍
50WMA is a CRITICAL SUPPORT to watch for ₿itcoin. Historically, if CRYPTOCAP:BTC closes below it for more than one week, it signals the beginning of the BEAR MARKET. We’ve only seen BTC close beneath the 50WMA once in its history during a Post-Halving year, and that was in 2021, but then rallied to a new ATH. People often ask me what would invalidate my bull...
₿itcoin testing critical support on the 200DMA 🚨 Last time it closed under on July 4, 2024 it ranged for 101 days. RSI hasn't been this oversold since August, 2023. Last time BTC was at this RSI level and closed under the 200DMA it ranged for 60 days. HOWEVER, the only time BTC has ever closed under the 200DMA on a Post-Halving year was in May 2021, where it...
If you’re worried about a recession, you should be watching the Yield Curve Inverting. Historically, an inversion signals a recession, but with a lag. We can see this on the chart whenever the yield curve hits 0% This shows the 2Y yield higher than the 10Y which is a signal that the market expects slow economic growth. To counter-act the inversion, the Fed...
Here's a better look at the RSI being the most OVERSOLD since JUNE 2023. Obvious Bull Flag.
Still no clear signals on CRYPTOCAP:SOL yet. However, the RSI on the DAILY IS THE MOST OVERSOLD its been SINCE JUNE 2023. I personally opened a long here. Not for the faint at heart. Could dip down to $133’ish and range between $146. We DO NOT want to range too long in this area as you can see there has already been HEAVY consolidation. Look for a V-Shape...
The biggest shock to everyone is going to be the price of CRYPTOCAP:BTC going DOWN while ALTS skyrocket 🚀 As I have discussed in my macro thesis, the TVC:DXY is FINALLY breaking down on the Weekly along with the 10Y. RSI has topped and Price broke below the WMA9 & 20. Just waiting on the WMA9 to break below the WMA20 for final confirmation. Historically...
I’ve been waiting a few days before posting an update on CRYPTOCAP:SOL to see if it forms a cluster that mimics the fractal before the Trump Pump. So far it has been playing out perfectly. I still think we might have a wick at the very least to retest $155, but it does not necessarily have to happen as we’ve already have some confirmed price action in that...
I wrote my thesis on Solana in July 2023 when it was at $25 and memecoins weren't even a thought. No one even knew what BONK was, but the developer community was thriving, and all the best dApps were being built there. Now that people are tired of rinsing themselves clean at the casino, it's funny to see them call CRYPTOCAP:SOL ded ~$180💀 SOL is up 625%...
I’m not a psychic, just one of the best technicians out there 🤓 I wish I had an account like me to follow in 2017 😜