Cogg

Cogg

BTC continuing to break below support levels. False break out of downtrend trend line on 01/20/2022. SPX sold off which did not help BTC find any support. BTC broke below the 39500 level, and sold off until it found some ground around 34000. Currently, we are witnessing a flag pattern. If BTC continues to sell off, it will complete a bearish flag pattern....

Cogg

BTC continuing to break below support levels. False break out of downtrend trend line on 01/20/2022. SPX sold off which did not help BTC find any support. BTC broke below the 39500 level, and sold off until it found some ground around 34000. Currently, we are witnessing a flag pattern. If BTC continues to sell off, it will complete a bearish flag pattern....

Cogg

NDX trading below channel support. The 200 Day moving average was tested and broke. The next levels of horizontal support are 14392, and 12981. RSI currently at 26

Cogg

SPX nearing support of 4540 with coincides with the bottom of the trend channel. Next levels of support if broken will be 4511, and 4284. RSI currently sitting near the oversold level of 30. Expect volatile markets with rampant covid cases / hospitalizations throughout the US and the federal reserve determining the route it will take to battle the high levels of...

Cogg

BTC potentially setting up for a break out from its downtrend resistance line. We need markets to find a bottom, and to follow with a nice rally to see this happen. SPY currently sitting near support with oversold RSI levels. "I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful." — Warren...

Cogg

BTC potentially setting up for a break out from its downtrend resistance line. We need markets to find a bottom, and to follow with a nice rally to see this happen. SPY currently sitting near support with oversold RSI levels. "I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful." — Warren...

Cogg

Good opportunity to purchase BTC at a discount. - Fed continuing to inject money into the markets, have not started to tighten yet - Bonds selling off/US10YR yield rallying which indicates risk on enviroment - Sell off started with the report of a new variant of concern , then continued when the feds talked about battling inflation, suggesting rate hikes...

Cogg

SP500 Trend Channel - 5h Chart The only people who get hurt on a roller coaster are the ones who jump off. Don't get spooked and pull money out of your investments at the first news story about a downturn in the market. Hold tight. Investing is a long-term activity. - Dave Ramsey