Somstradamus

Somstradamus

BTCUSD update Funnel : M/W/D (LT) ✅ "this would confirm a double weekly bottom (white circles)" ✅ "Breaking this red line up would mean a return of the weekly uptrend aka a bullish market" Things happened exactly has predicted. The price has been straight up for 10 days without a single red candle so it is now very normal to have a correction. I believe this...

Somstradamus

BTCUSD update Funnel : M/W/D (LT) ✅ "we might see some short term relief here." 👉 how did you like this +12.65% move? The price seems to go for another daily compression (yellow). If this daily compression breaks up, this would confirm a double weekly bottom (white circles), in other words, a slowdown of the weekly downtrend aka thebear market. That would be...

Somstradamus

BTCUSD update Funnel : M/W/D (LT) As estimated in my previous TA, it took exactly 10 days to have a breakout attempt of this daily compression. Pretty accurate time prevision if you ask me. The daily compression (yellow) has now clearly broke down but I'm not convinced this will be enought to break the ~30k price level as of yet. The breakout seems weak and the...

Somstradamus

BTCUSD update Funnel : M/W/D (LT) Scenario 2 has happened and ~38k has been crushed. Now the only question every investor has is: "is the bull run over?" The bad news is nobody really knows coz it is very 50/50. The good news is we should have a clear answer within the next 10 days, once this daily compression breaks. Technically speaking, the price is...

Somstradamus

BTCUSD update Funnel : D/H4/M30 (intraday) As expected, we had another bearish impulsion wave on H4 (white drawing) and the price dumped another 2k since my last TA. Unfortunately, we didn't reach my target of ~29k. Meanwhile, the price has confirmed a reintegration of the daily compression (yellow) up by breaking its last daily bottom (white circle), bringing...

Somstradamus

BTCUSD update Funnel : D/H4/M30 (intraday) Scenario 2 came in play: we had a nice and boring daily compression (yellow). Now that this compression seems to be breaking down, we can probably consider that we are back on a bearish bias. The H4 is in a downtrend that has only one impulsion wave (white drawing), which leaves space for more impulsion waves, probably...

Somstradamus

BTCUSD update Funnel : D/H4/M30 (intraday) We might finally be able to see some trend reversal on daily (yellow drawing). The price is compressing on H4 (blue), therefore there are 2 scenarios: 1/ The compression breaks up and we will have a daily trend reversal confirmation by breaking the previous daily top (white circle). Targets would be ~45k and then...

Somstradamus

BTCUSD update Funnel : D/H4/M30 (intraday) Price never compressed on H4 and went down to ~30k straight away. Currently, the bias is still bearish on daily (yellow drawing). The downtrend on H4 is still going with a crazy number of impulsion waves (white drawing) which makes it very unsafe to short. So far, there is absolutely no sign of trend reversal on H4...

Somstradamus

BTCUSD update Funnel : D/H4/M30 (intraday) Intradaily speaking, I don't see much here. The biais in intraday is now clearly bearish with this daily downtrend (yellow drawing). The H4 is also in a downtrend but this downtrend has already reached 4 impulsion waves (white drawing) which makes it old and unsafe to trade. Moreover, that downtrend has been slowed...

Somstradamus

BTCUSD update Funnel : M/W/D (LT) The weekly close has spoken and scenario 2 has been confirmed: we are now officially in weekly downtrend aka a bear market because we broke the last weekly bottom down (pink circle). Now, I foresee 2 scenarios: 1/ The price reintegrates its last weekly bottom at ~47k (the one we just broke down) up and gets back to scenario 1...

Somstradamus

BTCUSD update Funnel : D/H4/M30 (intraday) Intradaily speaking, I don't see much here. There is no bias on daily as the price is still in a daily range (yellow). The downtrend on H4 has already 2 impulsion waves (white drawing). At this point, it's either we have a 3rd impulsion wave, bringing us back sub 50k and probably starting a daily downtrend or we will...

Somstradamus

BTCUSD update Funnel : M/W/D (LT) BTC gave us a bit of hope by bouncing back last time, only to enter a daily range (yellow) which has now brought us back to the same point as where we were in the previous TA. Weekly close will be extremely important: close below the redline and it's a bear market, close above and we're still in this weekly range scenario I...

Somstradamus

BTCUSD update Funnel : M/W/D (LT) We are still stuck between scenario 1 (handwriting in white) and 2 (dash red arrow). The daily and weekly close were made under the last weekly bottom at ~50k. This opens doors to scenario 2 aka a bear market. BUT, the daily downtrend has been slowed down right on the critical zone (lower red line) so this opens doors to...

Somstradamus

BTCUSD update Funnel : D/H4/M30 (intraday) As I told you, it was too late to short and too early to go long. Many got rekt last night with this flash dump followed by a crazy pump. If you've listened to me, you are safe and still out of the market. Now things are getting interesting as we switched to a bullish bias on daily because the compression on H4 (blue)...

Somstradamus

BTCUSD update Funnel : M/W/D (LT) Le scénario 3 de mon AT précédente est à oublier. Nous sommes présentement entre le scénario 1 ou 2. Dans tous les cas, suite à la cassure de la compression daily (jaune) par le bas, nous avons une double confirmation, à savoir : réintégration du dernier creux weekly (entouré orange) à la baisse, ce qui signifie un...

Somstradamus

BTCUSD update Funnel : D/H4/M30 (intraday) My previous TA was pretty accurate. Now we have this clear bearish bias on daily. The trend on H4 is also bearish, aligned with the bias, but it has already 3 impulsion waves (white drawing), which makes it old and therefore unsafe to trade. I would say that once again, it is now too late to short and going long would...

Somstradamus

BNBUSDT Entonnoir : W/D/H4 (swing) Bias is still bullish on weekly. The daily is also in an uptrend but this uptrend has already 5 impulsion waves (yellow drawing) which means it is old and unsafe to trade. No tree grows to the sky so stop being a n00b trying to get on a train which has already arrived. The only safe way to re enter BNB is to wait for the...

Somstradamus

BTCUSD update Funnel : D/H4/M30 (intraday) Exactly as said in the previous TA on March 22nd: ☑️ a dump to ~50k ☑️ bounced on this level ☑️ daily range established Now what? Nothing. The price is in a rangeception: compressing on H4 and D. Nobody can tell which direction is next. Either we got rejected one more time from this price level or we go through and...