I_amPoeticJustice

I_amPoeticJustice

$DXY has been trending towards the 95 mark for the past 5 months and now at a decision point. A breakdown from this triangle and I believe we head to 92 again. If we break up, we will head for 95. Once we cross and hold 95 as support, bull market over in my opinion.

I_amPoeticJustice

first higher high since covid and well on its way to 95, with a path I predict to 99 where I will buy heavily.

I_amPoeticJustice

$DOGE has bottomed out and has one of the most bullish altcoin set up I've seen. $DOGE will be 50 cents again soon, unless Elon messes it up.

I_amPoeticJustice

$DXY has been steadily moving up and now the sighs of a bull market for the dollar is starting to look more and more true. About to experience a golden cross when the 50 Day MA crosses over the 200 Day MA. Also had a beautiful retest off the diagonal resistance and next target is 95

I_amPoeticJustice

with the crypto bull run over (for now) btc with rinse in dominance against alt coins again

I_amPoeticJustice

$USD / $EUR is looking strong while $BTC has never looked worse this year. I believe the $DXY is going to take over in a few months.

I_amPoeticJustice

The US Dollar Index ($DXY) has been consolidating for months and looking to go on a bit of a run. Broke through 200 Daily EMA and now facing downward resistance. Interest rates are starting go up but the money printer hasn't turned off.

I_amPoeticJustice

I firmly believe we are inching closer to the breakout zone for either direction for bitcoin. People like to say that we will consolidate here for months possibly but I dont see that happening. Weak hands are going to start selling if things dont change and there is noting but bad news and press around bitcoin, China, and crypto in general. We are still in a...

I_amPoeticJustice

You will see these types of consolidations on small time frames very often and great for scalping. When in a sideways, uptrend or downtrend consolidation pattern - look for the false break out in the opposite direction of the trend before continuing. Price will usually fake out to the opposite direction giving you the opportunity to capitalize on that false...

I_amPoeticJustice

$DXY gaining strength means every asset class gets weaker.

I_amPoeticJustice

I really dont know where the market is going, however if this is the start of a bear market I still expect some type of dead cat bounce. Dead cat bounce to try and stop the inevitable "Death Cross" which is when the 200 MA crosses over on top of the 50 MA. There is non-stop "Fear. Uncertainty, Doubt. aka FUD" in the news and almost no positive news is moving...

I_amPoeticJustice

Could this be the biggest bull run in history for gold? Bitcoin still wants to steal that narrative but this is a wild high time frame chart

I_amPoeticJustice

This bottom reminds me of the only back in January. Fractals are never to be taken at even 50% probability but patterns in nature happen just like patterns in the chart

I_amPoeticJustice

The DXY is looking pretty bearish still, but I truly don't expect it to stick around these levels for much longer.

I_amPoeticJustice

Long on bitcoin from $31,120 with a target of $42,120

I_amPoeticJustice

need some relief, I'm long

I_amPoeticJustice

Bitcoin down, gold up?

I_amPoeticJustice

Bear Case of $BTC to $45,000