Everything is still to plan...
I did not expect such a sharp drop but with promos going on this looks GREAT!
Anyone going to buy assets without long time frame analysis will see a great green market to get into.
Was hoping for a bit more to upside which we should start seeing now to make up for such a low..
Now the alt coins might be starting to unhinge.
Btc is looking to start back towards its June 3rd highs while alt coins are still trying to make it back to June 7th highs.
What does bother me?
The amount of volume coming back into the test zone I set on the 5th.
Not sure if I'm reading this stuff right but high volume into key levels seems to result in a bounce..
Certainly has been for the most part..
I'd like to see another bounce into the test level with a lot less volume and break through it to increase FOMO for the promos in motion..
Based on accumulation market tactics I would HOPE to see 3,7778 by the 11th to make sure even alt prices have at least met and surpassed their June 7th highs...
Anyone who got in at the 31k btc dip...
Congrats..
It was the scalper's dream I knew it would be.
I'm a neutral/long right now..
13-15th are the key dates I'm looking at.
We do have a chance to sideways trend here on out till the 22nd (end of retrograde) but really feel like the market would lose most of its simp liquidity due to attention spans.
New moon in Gemini the 10th going into a portal on the 11th. (one of the reasons I will be shorting to watch the markets. I expect volatility added into the correction. Willing to miss out on a lot during this time to research and learn about market movement)
The "ring of fire" solar eclipse is on the 10th also.
Sun in Gemini moving into Cancer the 21rst (Just in time for retrograde end.)
Saturn Square Uranus On June 14 (Saturn activity during a market correction)
Venus (evening star) 23 degree (cancer) declination on the 21rst.
Full Moon In Capricorn On June 24
North Node has been in Gemini and will be 2022. I think this has a lot to weigh in on the market correction as all the new money sloshing around will need to figure out a way to become realistic moving into the future. Sure the money has sloshed its way out of the hedge funds into the markets but I don't see a bull market during a correction. I do see a scalper's dream as prices fight the influx of funds offsetting the correction.
Overall I do see more long opportunities coming up opposed to short calls in the VERY recent..
BTC is blasting through my test zone so watching for fake breakout and the not so fake break out....
I did not expect such a sharp drop but with promos going on this looks GREAT!
Anyone going to buy assets without long time frame analysis will see a great green market to get into.
Was hoping for a bit more to upside which we should start seeing now to make up for such a low..
Now the alt coins might be starting to unhinge.
Btc is looking to start back towards its June 3rd highs while alt coins are still trying to make it back to June 7th highs.
What does bother me?
The amount of volume coming back into the test zone I set on the 5th.
Not sure if I'm reading this stuff right but high volume into key levels seems to result in a bounce..
Certainly has been for the most part..
I'd like to see another bounce into the test level with a lot less volume and break through it to increase FOMO for the promos in motion..
Based on accumulation market tactics I would HOPE to see 3,7778 by the 11th to make sure even alt prices have at least met and surpassed their June 7th highs...
Anyone who got in at the 31k btc dip...
Congrats..
It was the scalper's dream I knew it would be.
I'm a neutral/long right now..
13-15th are the key dates I'm looking at.
We do have a chance to sideways trend here on out till the 22nd (end of retrograde) but really feel like the market would lose most of its simp liquidity due to attention spans.
New moon in Gemini the 10th going into a portal on the 11th. (one of the reasons I will be shorting to watch the markets. I expect volatility added into the correction. Willing to miss out on a lot during this time to research and learn about market movement)
The "ring of fire" solar eclipse is on the 10th also.
Sun in Gemini moving into Cancer the 21rst (Just in time for retrograde end.)
Saturn Square Uranus On June 14 (Saturn activity during a market correction)
Venus (evening star) 23 degree (cancer) declination on the 21rst.
Full Moon In Capricorn On June 24
North Node has been in Gemini and will be 2022. I think this has a lot to weigh in on the market correction as all the new money sloshing around will need to figure out a way to become realistic moving into the future. Sure the money has sloshed its way out of the hedge funds into the markets but I don't see a bull market during a correction. I do see a scalper's dream as prices fight the influx of funds offsetting the correction.
Overall I do see more long opportunities coming up opposed to short calls in the VERY recent..
BTC is blasting through my test zone so watching for fake breakout and the not so fake break out....