MrMoneyMatrix

MrMoneyMatrix

THIS IS NOT FINANCIAL ADVICE 😑 If we zoom way out on the three month time frame, we can see so much more details. I like to find long term price support, and resistance to find future channels of price discovery. I started on trading five years ago, but this will be my third crypto bull run. I have gained, and lost a lot of Money. Most of all, i have learned a...

MrMoneyMatrix

This chart has been a work in progress based on previous market highs. In 2018 I watched XLM 🌙 M00n to 0.96 usd. Fast forward to today, XLM has flipped eth on the treasury market.

MrMoneyMatrix

Shoot for the Moon 🌙 This so beyond technical analysis, I know. Just curious of trajectory based off of pervious market highs in the 2017 cycle. So much has changed with the Stellar protocol. Onward into the future of smart contracts that will connect a tokenized Golbal Enconomy. This was designed for so much more than payments. See you all on the other side.

MrMoneyMatrix

Really don't get into much details. Just posting a chart to watch myself.i am not a paid influencer spoon feeding you hopeum. This world is controlled by evil people who use the stock market to enrich themselves. So, with everything going on in 2024, I feel another Black Swan event coming. Just like all of the ones in the past. Another bs excuse to rob the people.

MrMoneyMatrix

This idea is purely for entertainment purposes. An experimental idea based on current global economical development.

MrMoneyMatrix

This is not financial advice. Entertainment only:)

MrMoneyMatrix

I really don't know what to write here. Most are only hear to spread false hope for media impressions. A lot of rubbish out there. This down trend has not reached bottom. By no means.

MrMoneyMatrix

I like to look at the longer time frames for buying opportunities. From this prospective one would see that this cycle is still processing. All of the American marketers are polluted with low interest rate money since 2008. I suggest looking the S&P500 with the same time frame.

MrMoneyMatrix

So... this 3 month candles looks great 👍 I have some trend lines I've been working on in the lower time frames. Zooming out... wow. The RSI looks something interesting as well. Global markets are changing.

MrMoneyMatrix

I am just looking at the long term BTC chart to see the bigger picture. In the next two weeks, it will become very clear as to which way this is going to go.

MrMoneyMatrix

This target price would complete a massive head&shoulder. I wonder 🤔 This is not a professional opinion. I'm just a trading noob that started buying bitcoin October 2017.

MrMoneyMatrix

Looking at this chart. I see the price going to twoo hundred and fifty seven billion dollars. This could take many months to complete, but nevertheless.

MrMoneyMatrix

I honestly don't know why I post these charts. Other than keeping a record of my own progress. I've been on tradingview for a couple years now. Anyway. Target is the green line. It's been the target for a long time. Just look back on my charts. I even called the USoil @ $12 Who fn cares.

MrMoneyMatrix

Here on the daily chart we see the price getting rejected. What happens this week will set the tone of the market until the Fed makes the adjustments. We know it's coming, but who will move first?

MrMoneyMatrix

Just looking to see what happens here. Thank you all for the motivation and insightful comments. This is the best community of people I have ever seen. Just joking🥱 We all know the truth here. We are here for the money 💰 Soon the markets will shift, but before then. Will we see another push to break ATH?

MrMoneyMatrix

Here is a bear target for the S&P 500 I am looking at this price for a potential target considering the market structure over the last ten years. The Fed is coming to raise interest rates, but not before the trap. Today, the price has wicked just above the 50 daily moving average, and dropped back below. If the price falls below the 200 daily, it's bear season....

MrMoneyMatrix

Looking at this daily chart you can see the price has reached just a wick over the 100 day moving average. With the 50 day moving average just above adding more resistance to fight through. I will take few days to let the market move towards the weekend. I hope everyone has a great week.

MrMoneyMatrix

It has been more than a week since this sell off has started. Here in this chart you can see that the price is hovering over a major moving average (Red Line). I have been waiting for this to take a short term trade to ride the potential bounce. I do believe there will be more downside to come in the next week or so. We will all just jave to wait and see. I hope...