markusrafferty

markusrafferty

If I could sleep for the next 6 months I would be able to guess very accurately how current world events unfolded from the decibel levels recorded here

markusrafferty

Ultimately there's no need for channels and wedges and such to even be penciled in here since the cycles clearly boil down to some simple ground rules... 1. If you're being encouraged to buy in the red or sell in the blue by anyone with alleged "tenure" then you're speaking to a thief; 2. Forget aiming for the all-time-highs or pico bottoms with any kind of...

markusrafferty

Presented as neutral once more as the monthly candle still has a week to close; this flat broadening wedge goes back almost 40 years and a "crisis" tends to be right around the corner whenever it finds resistance so expect very clean reversal market structure here should that trend continue and clear signs of supports refusing to break properly if this century's...

markusrafferty

This chart is presented as neutral since the implied "idea" can't come into play till at least one key support properly breaks and worst case till the yellow channel has become relevant again like before; if this were to play out the main "challenge" would be: how to keep retail long all the way down? (hint: the same supposedly unrelated "people" who "shorted"...

markusrafferty

This idea was put together for a non-trader friend almost two weeks ago and I didn't expect any new highs to be reached just yet but it looks like she might break up here anyway (flagging this as a long but I wouldn't actually enter till support is confirmed on the prior high if I were you so beware)

markusrafferty

Many of you are likely confused about the situation with crypto as things stand and what the best play ultimately is from here which is undoubtedly to reduce risk and wait given the devilish crossroads offered up here by the parabolic FOMO run pushing into the resistance of the broadening wedge on the left; something has to give and will likely do so in the...

markusrafferty Updated 

This one looks like she has more life left in her yet with the run's volume refusing to back down and the epic higher timeframe doji resistance here separating the top from the bottom will probably have a fair bit more time spent in it still One would expect most of the extra market cap fill to come from alts here but if there are still sufficiently many naked...

markusrafferty Updated 

... but with this many shorts so eager to go straight underwater it can be tough to know where she might wick to (orange line is the Finex short-to-long ratio)

markusrafferty Updated 

Jokes and other BS aside though; clean and objective just like the others... As far as I'm aware very few have been able to figure out _where_ ETH's recent bottom target actually comes from but a quick glance at the Kraken weeklies extending back to 2015 puts that conundrum to rest very quickly Without that information it could be tempting to eyeball what looks...

markusrafferty Updated 

Whilst volume may look sparse the accumulation has mostly been across the LTCBTC pairs and that ought to tell you something... The S/Rs and classicals and overall trends here are so well defined that a well-placed short upon a breakdown of supports ought to be as lucrative as a well-placed long if the previous top's neckline becomes support; stay neutral till a...

markusrafferty Updated 

The best kept secret of crypto is that the Agent Propagandeurs are so consistent that TA is almost extraneous; when the left hand would have you believe that it's all over the right hand has low ball bids set ready to buy the bottom off of you when you market sell (and vice versa of course) Next stop: you guessed it... Evangelise beginners back up at the pink...

markusrafferty Updated 

One wouldn't have thought a double bottom does Brexit justice but does the market ever? (reversal necklines marked in)

markusrafferty Updated 

This one's more for fun as the above is a gut feeling / outright guess for the most part honestly but as EURUSD has further downside potential written all over it a bottom of ~1.07 and DXY top of ~100 appear likely to me (I'll leave this here and we'll see how badly she ages)

markusrafferty Updated 

This isn't the usual market propaganda post but rather an objective chart showing opps on either side of the fence (mostly to annoy one or two shady characters out there by the fact that I do actually know how to trade; you know who you are) Put simply the long scalp entries have been pretty clear cut here for one who has the patience to buy under red and sell...