If you've been a follower for long then you know the story of my username, and my plan to make it all back at the time.
Well, it's time to revisit that plan.
Looking at the chart above, current Price action is signalling for a confirmation of a First-Wave Extension.
First-Wave Extension is and impulse move consisting of 5 impulse waves, 3 to the upside (1, 3 &...
I'm predicting that we will get a correction to the september lows. After that, we will see an epic final run-up. Arround the target level of $5468, I am expecting a massive blow off-top. After that the trend is going to be nothing but down. The low of the recession will probably come to an end in 2025 (however I don't like to link prices to dates). Be carefull...
Not saying this will happen, just that it could very easily do this before it collapses.
Indicators are overbought and suggest sell imminent, but these can fake you out, a small pullback could provoke the vertical spike.
All the gamma is gone positive and rolling up the callwall 100 pips could release the kraken on Friday 31st.
Most ultimate ATH have a...
Since 1982 the FED has been on full throttle with the M2 money supply . Based on Debt based system anything though of being an Asset has been inflated to which I see a major turn in our Society in this year T he year of the last bubble . I look for a major CRASH into a panic into oct 2022 basis . I do not see anything that can stop what...
I don't try to take any credit for my posts because I'm honest, I let other people do the smart work.
I usually have a good sense for which Finwit account is real and which is full of ... hot air.
I've been vocal about this fintwit celeb in the past and believe his word over any other.
He stopped tweeting levels because he was gaining oracle status among his...
You can very easily see the price action respecting the supports and resistances, and hence forming a symmetrical triangle pattern.
Short term target for the december/january bull run would be in the 1.681 fib. region around $4.6 to $4.8.
If you are someone looking forward to taking profits, you can do that then.
(Not a financial advice.)
Looking at history and the old ATH we saw a similar structure forming for the Bitcoin price. A big consolidation range at the 30k area forming demand before marking up and forming a classic Wyckoff Distribution back down to that same area. Things are looking pretty similar now where we had the same consolidation at 40k forming a big demand area for Bitcoin. Looks...
Watch the indicators. Been expecting the vertical parabola finishing move.
Could be amazing if it follows overlay, price action strongly resembles it.
Not recommending a specific price or strategy. Be vewy vewy qwiet.. we is hunting wabbits!
Massive move up today on increasing volume with bearish options activity just before earnings -- picked up some December EXP Puts on $NVDA in order to play what is most likely a short term blow-off top on the daily chart -- GL
RSI near 80, MFI near ATH over 90, Blowing Up. Chart has all the details. Could top this week or early next. Overlay is a WAG.
Absolute disconnect of price from reality. Selling soon IMO. Price may press higher to test the Fibo at 16,530 before rollover.
Every blowoff ends in a waterfall cascade. Excessive greed gives way to excessive fear. Gonna get real dicey...
Chart says all. Pattern from August 2020, now making same insane run. The 1.62 Fibo extension from September correction is at 4720.
Do not short based on:
"I think the price is too high!"
"It's overbought, must come down!"
"How can it get any higher?! Already nosebleed!"
"I feel lucky!"
Short on signal; the engulfing bear candle after blowup. IF it follows...
We are on 3 consecutive weekly gap ups, which is an exhaustion pattern, accompanied by being far outside the weekly Upper Bollinger Band. Daily RSI in the mid 90s and 4hr also in the 90s. This thing is going to waterfall hard. Not a short recommendation unless experienced, but definitely a time to take some off the table and have a very tight stop
Just started publishing my charts, but here is my base case for NDX. It has been mostly trading in a log channel shown with black lines since the tail end of the .com bubble deleveraging in 2001. In fact, NDX has been in this log channel since 1986, with the exception of the blow off top move from .com bubble. NDX has broke out of the channel and back-tested the...
Even though the excitement is huge right now for BTC going to 100k or even past it, i think this will not happen for a few reasons.
Aside from TA, if you've been in the previous cycles you know that whenever everyone thinks btc will reach certain target or go beyond, this price is never reached. Excitement is however...
I have highlighted the RSI timelines where BTC stayed above the 56 and 80 levels. A little unorthodox in approach but it is speaking to me.
Now, if the actual blow off top is on 4/20/22, then that would be something crazy.
For more of my 6th sense calculations, you can find my Twitter @Loniwood