pcmonk

12:46

pcmonk

Bitcoin on weekly looks like it wants to break 25.2 and goes to fill the gap starts ~27500 to ~28800 but on 3H it looks like a SYMMETRICAL TRIANGLE that is about to break down and retest the bottom of the triangle once it crashes. Please Boost,Follow,Comment it REALLY motivates me to do more! Usually nothing special happenon weekends thats why I dont do videos but...

08:35

pcmonk

As Ive said in previous video (link to related ideas) we were jebating longs before going into a crash . we pumped to 25K to retest that price which is eight month high and the origin of previous downtrend.we now formed a double top on high time frames (3h 4h Daily) Please Follow,Comment,Boost (if you agree) it REALLY motivates me to do more. We pumped 13% in one...

pcmonk

BTC/45M Before the pump yesterday, WE formed a pennant (two purple lines bottom left) then we legged up insanely to ~24900 but did not touch the origin point of resistance ~25212. now we are forming the same pattern (two red line top right).so this could go up to ~28600 with this momentum that its showing. Green drawing shows the wave of the pennant which both...

12:55

pcmonk

BTC/3H Back to the rising broadening wedge Please Boost,Follow,Comment it MOTIVATES me to do more for real!! Yesterday we were inside a rising wedge but we Also were forming a pennant at the top of the wedge which was a sign of continuation to the upside. we exited the wedge and we went to ~24900 (Touching the top of our rising broadening wedge). there is a...

pcmonk

Bitcoin/1H chart we see a rising wedge , these wedges usually endup with a wick to the upside then make a bigger move to the downside. we could say the wick to the upside was the CPI move which was not eye catching due to BTC getting weaker every rip it makes.meaning every upwards it goes it comes down harder. After CPI btc came back down inside the rising wedge...

12:17

pcmonk

Bitcoin trying to jebait more longers with its new extreme before dumps on the bulls and destroys the bull hopium once in for all BTC/3H ,`still in the rising wedge` Personally looking for a possible short from ~22600 to ~22900 or around ~21800 if it bleeds there does a bearish retest Please Comment,Boost,Share. Really motivates me to do more.really...

12:30

pcmonk

In this video I talked about BTC on CPI day , technical analysis + price action and trend line at the end we take a look at spx and dxy BTC/3H we are at right shoulder doing the same pattern we did from left shoulder , **RISING WEDGE** , and these wedges usually endup with a wick to the opposite side it wants to go as a jebait which will be to the upside...

11:56

pcmonk

After bitcoin exited the rising broadening wedge we bounced from top of the left shoulder(light yellow line) and is doing a rising wedge right now which might endup in the right shoulder if we wick up then leg down another 8 to 13 percent. In the video I also mentioned liquidition clusters and where people get liquidated THE MOST.also high leverage positions been...

14:25

pcmonk

In this video we analyse bitcoin candlestick patterns as well as movement and liquidation which it all indicates we are going to print out some big red candles soon there could be 3 possibilities which I discussed about each briefly. Liquidation is to the top side showing a possible of a new extreme to the topside before major move to the downside Hope you guys...

pcmonk

❗️❗️Attention Please: New downtrend started , do not attemp to rekt yourself by longing 🔻BTC/3H,So After we exited our rising broadening wedge we came down to the light yellow line which its left side is the TOP of the left shoulder Three possibilities : First(Number 1 on chart):A pennant forming here ( two white lines ) and after that another leg down around...

10:17

pcmonk

In this video I've analysed BTC and its price action then I analysed liquidation cluster of bitocin and where the liquidity is after that I analysed SPX since its connedted to btc and at the end short DXY review IMO btc will go up around 23600 or 23200 before going downwards and a slow bleed has been started , there is a head and shoulder play that Ive discussed...

15:59

pcmonk

Hello. In todays analysis I checked BTC and its liqudiation cluster.talked about SPX and dxy and how they are correlated to btc I think btc might move a bit higher resulting in a new extreme before comin back down to form lower lows and possibly losing 20k in this week I am open to suggestions Thanks for watching

pcmonk

BTC/1H - still in the rising broadening wedge with white up trend line as resistant and pink up trend line as support We had some move through the weekends which was totally expected and now btc about to make new extreme to the down side after trapping more longers if we lose the dotted yellow line ~22519 we could wick down to 21600 and after a retest there...

pcmonk

I like to sometimes remove all my scamlines and just look at the chart differently.I decided to check for only R&H Bullish Divergence!This is what I comeup with. There are more divergence there but these were the eye catching valid ones I think was worth looking at.

pcmonk

so what I've been trying to do is to find pattern from the first ATH and its dump (Apr 2021) with last time ATH and its dump (Nov 2021) if you look at the left rectangle , there was a big dump then consolidation then a spike up then more consolidation and the pump started If this pattern works out ,the right rectangle had a spike and now its time for another...