BearVsBull

BearVsBull Updated 

As we all know, the ongoing war has really put a squeeze on our oil supply ($CL1!) and $SPY have been just hemorrhaging since the beginning of the year. Naturally I've taken to trade these two (or three using $ES1! just to put them both on futures level) inversely. We've had a solid run on $ES1! the last week and whether you think we are at bottom or not, it is...

BearVsBull

Possibly the beginning of a bull run. If not then one more down to 5.5k before a spring. Let me know your thoughts

BearVsBull

RSI has room to fall, MACD bearish crossover. Stay safe guys. Ideas and input welcomed.

BearVsBull

target possibly bottom of green cloud

BearVsBull

Retracement doesn't seem like its over based on RSI and CCI direction to match the upward wedge. Target at the box. If BTC decides to pump then this could possibly be invalidated since LTC does follow shortly after BTC movement. Let me know your thoughts! I am always open to other ideas :)

BearVsBull

Fractal still in play. We need some volume to get things going upwards. Support - 6.7k - 6.5k Resistance 7k - 7.2k Good luck all. Thoughts and comments are appreciated.

BearVsBull

BTC is still following this fractal I've taken from the highlighted area. I expected us to run up to 7k and that possibility is still open but there is less buying pressure than I expected. Still keeping a close eye on BTC. 1 HR RSI and Stoch RSI indicates overbought where as 2-4 hr TF shows oversold. If support level 6.7k breaks we could head down to 6.5k or...

BearVsBull

Update. Keeping a close eye if there will be a bounce back up to possibly 7k. Either we break resistance and invalidate this fractal or we head back down for another leg of red. Not investment advice and good luck to all.

BearVsBull

6.6k retest. If we do bounce, fractal indicates we will retest 7.1k 7.2k area. Good luck

BearVsBull

Been playing around to see if history will repeat itself. This fractal shown seems to be very similar from the first leg of the correction since December but very accelerated. If this holds true, we could possibility see a Sub 5k $BTC before a major bull run. Let me know your thoughts!