Im not 100% sure why altbtc pairs are looking so good right now. Its not all of them but it is certainly enough of them to make you think something weird is going on. I could be wrong about this however because BTCUSD looks like its going to take a horrible shit but dominance is and has been counter singaling what we have been seeing.. Only time will tell.
The Three Pronged Approach to Kick-Start The Ecomomy
Welp... I called the dump.... which isnt hard when everyone else was saying it... and now I wanna call the DOWS Legendary pump I expect to happen tomorrow. This may be a V recovery... of course we have the check market structure for weakening at key resistance levels.. and to be honest the monthly chart looks...
Looks fantastic. All the talking heads and purmabulls are using the word "Recession" a little too much. Everyone is also saying we are nowhere near the bottom which is right but this means that we are ready for a bounce.
All justifications have been given on the most recent trade suggestions. Its time to move from here. Dominance is looking particularly weak. This could have been a move to get all the weak hands out of the market before the next move up.
I said that we were bullish last night before the plunge and I was wrong but I can only tell you guys when there is a higher probability of one thing happening over another. There are alot of black swans affecting ALL markets which is an environment I am not accustomed to trading in. Nevertheless I will continue to put out the patterns as I see them and this to me...
THE ENTIRE STOCK MARKET IS ABOUT TO PUMP. I dont know if its going to be a dead cat bounce or have continuation. Its a good idea to reanalyze the situation when the INDEXES start to show weakness in automotive and energy sectors. I think this is going to coincide with a crypto pump to be had tomorrow. Like I mentioned before. I think the goal here is to make is...
Looking like the dominance is going to collapse which means that it may actually be time.... Also the DOW is going to bounce. I think that will be to create a false sense of correlation between legacy and crypto thus causing fear. Im pretty sure that legacy is going to be a dead cat bounce while crypto goes insane. Watch out everyone.
WAY overshot my target but like I said when there is a manipulation they tend to overshoot levels. Legacy collapse may have just exacerbated the existing pull back BUT THIS IS A PERFECT LEVEL TO BUY. ALTS LOOK INSANELY BULLISH.
Something feels really wrong here.. Fundamentals would tell you this looks incredibly bullish but to be honest there is alot going on here and I may get on to make a youtube video about it soon. That being said... I hope I am wrong. We need to pump up above 10G birds and FAST to be on the safe side.