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✅. First short setup turned GOOD - Next move looks bullishMarket seems oversold after the rejection of the 200MA. It looks like we are in time for a few rally days!
Bear market rallies are the strongest. Volatility whips both ways!
Historical Precedent
I wanted to share the 1990 precedent that I mentioned first during early May. I would like to point to the idea that we are quite short-term oversold (by looking at the speed and distance that we came down), so if you are short might be good idea to tighten stops, since we are likely to have a couple of rally days. Also to be clear, my personal guess (which not a tradable advice but just a gut feeling) is that we will not get the Easy Dollar Environment (EDE) so quickly like in 1990 but more like until end of the year. In the meantime I guess we would chop before a clear EDE in Oct-Jan.
BTC Replaying 2021BTC is doing the same thing it did in September 2021 - Triangled triple bottom on support. Apart from Weekly divergences pointing to 26-27k and indicators exhaustions with room to the upside - this is an additional pattern being re-played.
Today NFP - Expect anything, but for sure a bounce to the upside soon.
Cheers!
BTC THE MOMENT OF BREAKOUT - BTC READY FOR SHOWDear traders,
BTC are at this moment on very important point - and same time a level where we can expect breakout for BTC.
22200 are very important level for more volume.
Its important to wait to see or this level will get confirmed, when this happen BTC can enter to higher levels, and even with long time frame 27K
BTC are at same time on very important point for breakout - this depending on the historical trend indicator as the below chart shows ( read more about it)
This update means that BTC are on important level for a new gain - 22200 can in this trend be a golden level for new breakout.
So lets see or BTC will get into 22200, and going for higher gains.
ETH/USD bOOM bOOM bOOMThis one is going to bring a lot of head turning, be dammed. I am just going to put this out there and if I am wrong so be it. But If I am right bow down on bended knee. LoL So here goes I may have hinted to this about a year ago but did not place much emphasis on it at the time. ETH is going to go down a dark road and may not come back. Let me explain BTC and everything down chain will explode and ETH and everything below it will fade into nothing ness. Yes You will not hear this anywhere else and maybe never will until all the guess work is over. I am here to tell you right now if your left standing with a single penny afterwards I will be surprised. It may temporally take off but do not be fooled it will soon crash. Now I do not like saying this at all I have been a long time ETH supporter, but things change. And this I promise will be for the good of everyone except those holding the bag. Don`t be a bag holder. All that energy will pour into BTC like a waterfall. Be ready be warned be a winner.
Happy Trading.
The Clock is ticking know the dates. Be informed.






















