Corporate Profits to Real GDP 🤯🐻↘️ .. Breakdown on the MACD showing strong indication for a big collapse on the 3 Monthly chart.
Below the Monthly chart is showing serious negative divergence, which is bearish
Conclusion: Market reset/collapse has started
Something explosive is coming on BTC. I see a bullish positive divergence lurking in the corners. This shows that on the hourly time frame bears are getting tired.
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Yeah! I told you guy I will be posting candidates that are likely to outperform BTC, Here you go:
ETHEREUM is showing a 'BUY ME LIKE CRAZY' signal.
Entry is still good as at the time of this alert.
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Expecting Super pump in a few days from now in the next few days and it's gonna be ballistic!
EXIT short and go Long is the idea now until we hit a resistance.
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We have seen the short term lows for BTC. Very likely BTC will pump towards the $40k area once more. Exit your shorts; go long or stay off.
I will be posting Buy candidates that will likely outperform BTC.
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It's only a foolish man that will think that summer never ends. It's winter sluggard! Go and re-think your ways of trading.
BTC CME Monthly
The crypto market right now is sideways to down. The trend is your friend.
Some days ago I posted a possibility of Dollar breaking support to test lows. Sorry we got busted, It has formed a double bottom support on RSI 50 which is one of the strongest bullish signal you can think of.
With this happening we should expect Commodities to see lower prices and dollar gets strong...
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A break down and retest has just occurred. I expect to see price go to super low levels that traders won't imagine. I can't call a number now. But be sure to get a reversal alert from me if you are following me.
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The world has been looking forward to higher interest rate and DXY getting stronger. But the pattern and market structure is not saying the same, based on what we see.
We are seeing DXY giving a very strong Bearish pattern which could send the price to 92. Will there still be a chance for Dollar to change direction to the upside? Well yes, but what I see right is...
DXY is at a decision area at the moment. Holding the support on Price and RSI will send DXY to over 100.
Bigger time frames are bullish for DXY so we should expect to see the bulls getting favored in this movement.
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