DXY moving just as planned - soon will touch roof and we will need to check VIX and stocks to see what happens theres - but it is likely for DXY to range until mid Dec - New Year (red trajectory). Expecting a breakout to the upside afterwards.
This rally was as premature as my will for a first date. Driven by imagination and stopped by facts. I'm still expecting SPX to move within that white trajectory or around it for the time given.
... This is the easiest analysis you will see, but doesn't have to be complicated as long as it works. When you turn candles into lines - you get rid of noise done by wicks - and focus on the close. When you do this on BTC - local bottom @ $14k. Bounce from there
Now you know why Alts have bounced - some big time, some just a bit. And why they are retracing now - We approach a compression area and these kind of curves as we see on ETH/BTC right now - tend to break to the downside - therefore a strong correction and big inflow to BTC should happen. I was bearish on BTC Dominance - but after having more alt context and...
I'm just the messenger. SPX - orange Unemployment Rate - Blue Indicator - Moving Average out of Unemployment Rate This isn't a rule, as many sectors influence the market, but big crashes have been paired with a growing Unemployment rate. Here we can see that it bottomed and is consolidating - which proofs a strong economy and no need to crash - this suggests the...
Just a simple reminder that this fractal is still playing out 1:1 - Volatility is coming, either up (detach) or down (final crash), but it is coming.
Okay can someone explain this to me ? I guess not, Because I know that this can't be explained - and worst is - mathematicians have proofs of life being a "thing" made out of fractals - literally everywhere and between everything. Well, back to markets - here We can See the Daily chart BTC fractal on the 1h timeframe of BTC - and also on the 1h timeframe of VIX...
It is scary how this is playing out - So far 1:1 and let's keep watching. Blow-off top or Blow-off bottom ?
Normally I don't post Altcoins ideas here, but Here is a special one. I think everything marked on the chart speaks for itself . Treat it as a hint, not financial advice.
Curve channels are dangerous - watchout ! You may hurt yourself ! But once you get to know them - You see they are even stronger indicators than trendlines. Can I go a bit poetic here and say that hOOmans aren't linear but are more fluid, curvy, complicated? Well, PA reflects sentiment, so all of this would make sense. Long story short - I expect marketcap to...
What a Surprise !! Not really. These kind of movements tend to do so. HTF looks pretty bearish for Bitcoin dominance, from a fundamental side it is possible to see retail and minor sharks going into alts in order to profit quickly which would drag the attention from BTC - But at some point it will spike when nobody's aware. So bearish for now but would have my...
So many signs to be bearish: -Daily exhausted -Broken ltf parabolic curve -3 bearish fractals (based on pa and sentiment) -huge pile of longs until $14k. Marked my area of interest and keeping that bias for now Until I see a clear reversal in stocks and crypto backend.
What a suprise ? We are possibly faking out a risk-on focus on the markets and we could see a downfall back to the descedning triangle - resulting in a bearish breakout afterwards. Not bullish until orange line is broken.
Just kidding. Or Am I? A picture is worth more than a 1000 words so I leave you with my chart - Nothing has changed - I expect a HTF consolidation withing a bullish flag/descending wedge - and more up in 2022/2023 LTF is bullish until reached top of wedge/flag. Cheers!
I'm not believing this run up, All is built up on rumours of a pivot that hasn't been even announced officially. Speculation at it's best, but it's gonna cost a lot of blood on the market. SPX had a good run, but a 75bps hike is coming and it's not gonna end well. Also SPX deviated from US100 - expecting a recalibration to happen. This week is going to be interesting.
VIX has been replicating 2008's sentiment 1:1. And has now retested the bottom - Ofcourse it can still consolidate or visit some local new lows but overall the idea is to keep this range - and go for the final blow. Bearist for stocks.
So what is your guess, what comes next? Fractals from multiple timeframes found along BTC charts. Final fall ahead before major bounce.
Crypto against Nasdaq - Swinging it's way down. Expecting to have hit a ceiling now - and bounce towards the downside - this type of curve channels tend to break to the downside.