I've been warning for it many times in my last posts; market is overheated and needs a big correction. I expect the same for the stock market on Monday and we will see a big bear trend. What we see now is a dead cat bounce and BTC fell out of a rising wedge and the target is around 42/44K where also the bull market support band is. If we do not hold support there...
DOT BREAKOUT and aims for a new ATH: 50$! Retail is buying anything crypto these days, I like it. Good weekend. IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.
To all people who put their life savings into DOGE to make a quick buck, you deserve this. Next time just give your money to charity. Fun fact that there seems to be no money for healthcare or social support in the USA or Europe (not even to mention money for the third world or the poor) but people can pour 1TN dollar into mostly shitcoins and a few quadrillion...
BTC UPDATE: In my opinion we should be cautious with any risk asset at the moment; stocks and crypto. This looks very much like 2018 where we saw BTC top out and alts going parabolic before the bear markets started. I see a lot of new people entering the space over the last weeks / months and obviously they get angry when I say this but I do not believe its a good...
BTC EMERGENCY UPDATE: BTC broke the neckline and printed a W formation; with anew ATH as a target! Get in that box bitcoin! I was wrong with my bearish views before and got tricked by grandpa BTC. Lets stay bullish! IMPORTANT: this is not financial advice, trade or invest at your own risk and research.
Today for the DOGE price! Ive spotted a bullish divergence on the DOGE chart and currently waiting for more volume for a confirmed breakout. I think this coin has great fundamentals and might overthrow the dollar as the world's reserve currency. You can print endless amounts of it and the population buys it at any price or accumulates at any effort; they love it!...
Follow up on my previous views; BTC is still bearish and is finishing its B wave in a ABC correction. See links below for more info. IMPORTANT: this is not financial advice, trade or invest at your own risk and research.
Quick SNX UPDATE: SNX broke key resistance and is taking off to the moon; +25%! IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.
DXY UPDATE // Looks like its at support. All risk markets over extended SPX500 hit my target pretty much (see below), DXY correction overextended, Euro overextended, Gold is up by 16% and BTC 28% in that same time. BTC hits major resistance at 64K and I dont see it being broken without a correction; also check the wave count on my latest BTC chart below. I see a...
ALTCAP UPDATE // I expect most alt coins to dump as we havent managed to break through the 1TN resistance level twice; forming a double top. This means alt coins can lose as much as approximately 90BN of market cap all together. Of course this will be spread over all alts and I expect some smaller coins to profit from it but overall we can expect red days for alt...
QUICK BTC UPDATE: Crypto markets are bearish today because of BTC; correction isnt completed yet. BTC formed an head and shoulders. First target is -3% inside the target box. Alts wont like it either. IMPORTANT: this is not financial advice, trade or invest at your own risk and research.
VET isnt done yet, set a W formation and will pump 25% as it has no resistance left until the next FIB level. Will do 15/20% against BTC aswell. This will happen from now going into next week. This is a quick update, I have more stuff to do in this crazy market; ride the wave peeps!
Had another look at the VET/BTC pair and we have a cup and handle breakout with a 80% target. VET is an insane rocket ship and didnt even reach its opening BTC price. I project this target to be reached in the next weeks as VET has a lot of gas left and is one of the most bullish alts; it has hype and fundamentals. Perfect. IMPORTANT: this is not financial...
BTC just set a double top on the 1hr, is overbought on the 4hr and Coinbase direct listing is dumping... With almost the whole market in profit and running into a major resistance cluster at 64/65K. We are starting a 4hr downtrend and I am seeing a sell the news event. I am not taking any bets here and I am in safety, I see too much euphoria and unrealistic price...
Lets see how this works out, we are at the crossroads. We need to break the neckline to regain bullish momentum, there's no chilling around at these high prices as there is no decent support. First major support is around the inverse head and shoulders neckline around 59,6K. IMPORTANT: this is not financial advice, trade or invest at your own risk and research.
BTC already broke support once, if it revisits the lower end of the wedge and breaks the support in the RSI; BTC will correct. If so; I have the following targets on where we could find support. If we break beyond target 1 and 2, we could free fall towards mid 50's to even mid 40's. Coinbase premarket was dumped from 556$ to now 448$, only if the stock regains...
Coinbase is direct listing is live! Lets see where the price goes...
DOGE is forming an head and shoulders and as we know from every pump, there is a dump. That is basically DOGE fundamentals 101. IMPORTANT: this is not financial advice, trade or invest at your own risk and research.