since the BTC breakdown and where the markets looks red for the low time frame trend, can TWT show an unexpected break..
This depends on the TA view of TWT and the least data of this coin.
We have been interested since today in TWT to follow the coming time to check if it can break even in these red times. looking TWT for the first confirmation.
-Confirmation...
My opinion is ARB / Arbitrum is finishing it's major 2nd wave correction as an running flat and breaking the white downtrend line indicates that 3rd major wave is starting. How ever if the red scenario happens more possibility to invalid the whole bullish scenario rather than it's to be a expanded flat. Let's see. DYOR! Always invest what you can afford
Bitcoin (BTC) has been trading within a horizontal accumulation pattern on the 4-hour timeframe. This pattern is characterized by a period of price consolidation within a defined range, with multiple attempts to break out to the upside or downside but ultimately failing and returning within the range. This price action often indicates that there is significant...
My personal opinion is as Gala has broken the white downtrend line it is in a bull market now. This Bullish picture is invalid if white trend line breaks downwards. Until that GALA is Bullish.
There is 2 week time frame Bearish Divergence and on smaller time frames, it's breaking some critial supports. Next level is ~$60k. I think this will happen over the next 1-2 months before we see the Bull Run we've all been eyeing.
Notes on how I personally use my charts/NFA:
Each level L1-L3 and TP1-TP3 (Or S1-S3) has a deployment percentage. The idea is to flag these levels so I can buy 11% at L1 , 28% at L2 and if L3 deploy 61% of assigned dry powder. The same in reverse goes for TP. TP1: 61%, TP2:28% and TP3:11%. If chart pivots between TP's, in-between or in Between Sell levels these...
⚡️Some shutdown insights with chart:
Chart shows longest shutdown: 12/22/18 - 1/25/19
The fear factor has always been PRE-shutdown. Not DURING or POST-shutdown.
⚡️ That means what?
If we shutdown, we may dip say 2-3%.
But what happens during shutdown?
You'd be surprised market actually RECOVERS during shutdown. BY A LOT.
During the shutdown in 2018-2019,...
I bought the dip but it just keeps dipping!
it's time to put on my bear glasses and check this ponzi chart !! oh yeah
As you can see in these patterns the moments everyone ready for breakout, bitcoin dumps to another lower level and kills all hopium that moonboyz, frog army and GM gurus got
if you think that you are person who manage to buy the exact number at...
United Airlines (UAL) stock recently dipped over 20% as a result of poor guidance for Q1. The company over estimated for Q1. However, United is positive for Q2 based on bookings. So, if they were to lower guidance for Q2 and the rest of the year, I would say the sell off might be justified. However, that is not the case. UAL's EPS projections remain $10 to $12 for...
Hello, the Crypto Market cap is due to shed 50% or more in the beginning part of 2023 with a quick recovery after Q1 into Q2. At this moment the macros agree that we have one last leg down until the main BEAR MARKET dip which I estimate will be in January 2023. If you're longing here, you'll be in profit summer 2023 but if you're waiting to long then its good to...
On this Weeklty SPY ETF chart (SP500 Proxy), we see the upper trendline on the bear trend (yes i made it green sorry) is being tested and spiking it again. This has repeatedly resulted in a rejection. CPI came in sorta inline which gave a little boost this week, but bank earnings disappointed when you look in the line items of the reports. This is an inflection...
Hello all.
Today we'll be looking at some of the things i am concerned about trading the current bitcoin price action.
I have written most of my thoughts in the charts.
Some other things you should keep in mind are -
Bitcoin dominance has acted very suspicious since the dump to 20k its not giving me confidence.
Ether dominance has gone up significantly and has...
BTC is moving with a nice momentum candle for days and by far we have an uptrend as you see in the chart. the trend line supports the uptrend and it also follows the rules of the trend line.
next, will it break?
before breaking you can see the red box, it is an order block (supply zone). so we will touch the red box and then push it downward. the red box drawn...
It is tricky to say if it is "THE" bottom.
And it is easy to imagine lower bottom, which would better suit to the actual bleak economy forecasts.
Btw I am not gonna take any decision based on these soles charts.
I need much more data...
It is an update of my last post:
