The SP500 is looking really nasty and has been for a while. I have been calling for it to tank since about 2019 and was amazed how inflated it really got. Now all that I saw back then is coming to pass and it looks like this could play out. I linked to my previous Idea on the spx and you can see what is now taking place. Long way down.
doge baby, this is mostly for my own personal memory. Looks like its way oversold.
Just a quick observation. Does anybody else see this Accumulation Divergence during the downtrend? I think we are at the bottom. Disclaimer: I know nothing.
Happened the same way last time. Look at the monthly. That's all.
This is a pretty bleak chart illustrating how printing more bad money is not the solution to a broken monetary system. The FRED:M2 can be seen gradually increasing at around a 30 or so degree slope until about 2011 onward where it becomes steeper... then at the beginning of the pandemic -- it turns parabolic. During the same period you can see the FRED:M2V ...
Some price targets mapped out by my log curve. I took into account Fibonacci and EW as well.
Long-term repetition is still uncanny.
Based on a repeat of the run in 2017. I think the next impulse should occur around the end of February. Look for a price of around 28-30k.
I am not buying yet. Signs of divergence everywhere. But buying tops is a good way to shake out weak hands at the dip and springboard up.
Buy this around 670-675 possibly. Just a guess but alt season is coming...
Look for a buy around 22000 maybe as low as 19500 but stay tuned because it is likely that a top is in.
People are probably worried they missed their chance or wondering where the next entry is. Here is a quick update for you to ballpark the next targets. I think anywhere around the rectangle is a good bet for an entry. There are several indicators and technical factors forming a confluence in that location. Watch out for the b wave up which could make a quick new...
Watch out for a near 17% correction in the crypto market. This would be if we fell sharply back to longterm support. As of now short term support trendline is holding.
What if there was a specific day of the year that bitcoin typically told us what it was planning? For the last 3 or so years it has been on Dec 17th that a significant development has developed regarding the cycles of BTC. It has often labelled the day of the exact top or bottom; as well as confirming the beginning or end of a previous cycle. I believe we are...
Here are some key area's for BTC. You can see the confluence of volume, fib levels, as well as the Mid-term uptrend line. The area of around 18400 should be a key area, and the next place to watch for either a wave up or breakdown.
check it out