The3eyedFrog

The3eyedFrog Updated 

OR is it going to be an inflationary recession? It will find a reason to fall back and more. Keep your cash ready to buy more. There's a chance of pumping more but eventually, it is going to fill the CME gap at 9700 in my opinion. But I'd start DCAinf below 16 or even below 18.

The3eyedFrog Updated 

The market is gonna confuse you to buy and sell and take away all the money!! Keep trading money apart from investing money. Make a strategy and follow it. Don't gamble off your hard-earned money. DCA but with proper knowledge you know when to invest in...

The3eyedFrog Updated 

Of course they wanna say everything is perfect, under control That's the protocol. But is it?? Rent is up, graperies are up...people loosing jobs but nope..we're not in recession.. awesome mate!! Don't fall for these fake pumps and Perma bulls.. see the charts..if it invalidates..then enter..but STILL with caution! Open the charts and see last recessions and...

The3eyedFrog

Not Thor, I mean Cough Cough Powwelll...The market is green..seem like fake pump or a bear market rally. Will see after the closes.

The3eyedFrog Updated 

The failure to generate new highs signals the start of the distribution phase. This phase displays rangebound price action similar to the accumulation phase but marked by smart money taking profits and heading to the sidelines. In turn, this leaves the security in weak hands that are forced to sell when the range fails in a breakdown and new markdown phase. This...

The3eyedFrog

If you zoom out..you can see that bottom is not in. BTC closes below weekly 200SMA. Daily, below EMA 89. This week is a big week: HUGE WEEK AHEAD!! GET READY 50% OF $QQQ REPORTS EARNINGS THIS WEEK INCLUDING APPLE , MICROSOFT , GOOGLE , FACEBOOK HOUSING AND CONSUMER CONFIDENCE NUMBERS ON TUESDAY FOMC AND RATE HIKE ON WEDNESDAY GDP NUMBERS ON...

The3eyedFrog

Link is making the bearish harmonic pattern as well as got rejected by the trend line!

The3eyedFrog

In 2 days TF Ethereum closes below EMA 34 is a sign of weakness. Also, This is crypto's first recession. How come we can compare it with the last cycles. We need to keep an open mind and keep looking and the market and see how the chart is making in the process and then only we can play in the market. Save your hard-earned money folks. Most of us are struggling...

The3eyedFrog

As I mentioned yesterday that it is a trap and don't fall for it, guess what it was. Understanding Wyckoff distribution helps traders like me and you to cash out longs before the market reverses and get the most profits from shorting. I have to say distribution is a very specific process. In short, it is the process of distributing (selling) an asset at the best...

The3eyedFrog Updated 

BTC couldn't break 24.5k zone. We're going back to test the lows again, most probably! Go check out why I think It's a Wyckoff redistribution on 4hr and daily TF.

The3eyedFrog Updated 

BTC broke out of the channel and the bounce is pretty much possible to fib 0.5 area. I still think we gonna fall back pretty hard. Keep an eye on the levels. I'm not buying or longing personally.

The3eyedFrog Updated 

If something like this happens..well, gonna be a he*l of a day to sell off one kidn*y and buy bitcoins!!

The3eyedFrog

The Blue area is a good area to buy since it is highly likely to up and test the resistance. MA 200 should hold. If it is closing below then it is going to fall pretty bad. On a lower time frame, we can trade it pretty well. I can keep updating the chart if you guys want.

The3eyedFrog Updated 

Ema 34 and the downtrend channel's resistance are aligning and it is gonna be hard for the BTC to break. Nice area to fade away (short).

The3eyedFrog Updated 

Plan A first then if fails then Plan B. Play with protection. Risk management is a key

The3eyedFrog Updated 

I don't trade against the trend but I can see the possibility of going to 21.8 at EMA 34 where I am gonna jump out of the chair and short it again!!

The3eyedFrog

BTC has completed the 3 black crows. Also breaking out of the rising bear flag. Macroeconomics: CPI is coming on Wednesday, July 13th, and is expected to be 8.8. EVERYTHING INDICATES THE DOWNFALL OF BTC.

The3eyedFrog

If BTC breaks out of the bear flag and ends up breaking 18.6k support area. We can see a fall..I mean like a waterfall. CPIcoming this week..Looks fishy..fishy in the waterfall.