In this short video analysis, we highlight the correlation between traditional asset Risk-On cycles and their impact on Bitcoin. Every historical $BTCUSD bull run's start has coincided with a SPY significant Fibonacci level breach and retest. This past month the SPY has breached the long term 2.618 fib level and is seemingly headed towards the 3.618, with no...
In this screencast I set out why I think the NASDAQ is in deep trouble and uncertainty. This is truly beyond technical and fundamental analysis. I'm looking into the psychology of markets. There is a whole lot to fear in this market. Reality is catching up on fantasy. It's been a long lovely dream and the big boys have made their killing. They will not want this...
This is an update on the biggest bull run in history. Watch out - the DJI could head for the moon, or hesitate (consolidate), or fall grudgingly before charging north or south. Eh? Like some people might have wanted me to make a commitment. I'm not doing it, cuz the whole thing is extremely ridiculous. LOL! Right - so this is only about possibilities and...
Today I go in depth on some advanced techniques when using some of the most diverse indicators on tradingview, ACAT.
today is looking pretty ripe for potentially high volatility. While a downside makes more intuitive sense, there's little reasoning to back up the play other than a good risk to reward ratio and a sustained long term structure. Play safe!
Today I go in depth on the variety of volume pumps and bidirectional stop hunting.
Sideways price action is something you can bet on, but only if you're sitting around to day trade it. Sad thing is, I'm sleep. See you tomorrow morning!
It's a video. Watch it!
Today, I go over the relevant trend defining pivots and the new targets that would appear if they were broken. There's high potential energy and an upward weighting for trend direction, all and all it's a fantastic chart!
Bitcoin on the two day and gold on the monthly are following essentially identical market cycles with the same pattern of expansion compression. The similarities are uncanny and the widespread bias is currently bearish, the sentiment of "this is a sucker's rally" can be found on a vast majority top posts throughout the tradingview ideas section. Hopefully this...
Quite the revelation today, these charts follow the meme market cycle just about perfectly. May I present to you, "This is a sucker's rally" 7bitcoins.com What a great day to buy bitcoin. There's an active mean reversion condition though I'm certainly inclined to bet against it with how strong macro level trend is. Green circles for the super obvious "we...
Hey, easy to follow stream today, I've defined the pivot for a long position and the mean reversion that will occur if it fails.
I've defined the relevant mean reversion pivots on multiple timeframes. They should prove to be rather well respected, I'm looking forward to however this plays out. I've provided a tradable gameplan no matter where bitcoin decides to trend.
I've defined the pivots for mean reversion on the daily. That will be our only short signal in the future, right now there's no resistance and clear sailing for this somewhat irrational parabola! If only there was a good entry into this trend.
An excellent short entry at 9,500 with a stop loss of 1.5%. Take profit is the pink line. The profit ratio will slowly degrade, though the probability is decent.
A deceptively clear chart that implies bullishness, I'm hesitant to go hard on anything with the chart looking as it does here. The Binance news still needs to cool down and I'd like to see how alts respond to this. I predict this to be a quiet evening.