ssari

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Hi All, ** This is an updated version to my previous post today ** In the bottom section, I have posted close up images of this post so its more clearer to understand. ============================================================================= *** Just note > Currently we have not passed the trend line. Until we pass this trend line, we are not in the bump...

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Hi All, I believe i have come across the macro structure taking form. In a way, it explains why we are so bullish. Also let me be the first to put this idea out there and hopefully get the acknowledgment after confirmation and "LIKES" please now. Hopefully we all benefit. Note: I wanted to be thorough and to answer my curiosity and it turns out after checking...

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Hi All, With recent ALT performance, one should see what's happening in GENERAL TERMS. Observation: Based on massive wedge, and what other Alts have been doing, it supports the thesis the the coming weeks and months, BTC will rise slower than the alts. The exception to this will be a massive quick drop that can happen any time. In the coming week, I don't see...

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Hi All, ** A continuation on the previous post with short commentary ** Its ALT season again. Observation: > We see that at this point, we equal'ed the previous fractal accumulation area which equates to the BTC key resistance line. It is anticipated that we will spend a short period of time here before breaking up to the next upside. > I say this using BTC's...

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Hi All, I have two charts here in order to plan how I will approach BTC as well as GOLD, in the long term. First Gold (CDFs): =================================== Observations and thoughts: > A massive irregular dump at the time of the stock market crash (The Paul Volcker effect - controlling the price of gold in the interest of the USD). > A potential diamond...

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Hi All, It is of my opinion that in the long run, ETH will outperform BTC. > Simply based on the Wedge formation and fib levels (structure). > and BTC dominance chart > Not to forget, in the 2017 parabolic run, ETH and many other ALTs did the same. My simple rule, below the 21 daily EMA, BTC dominates, above the 21 daily, ALTs dominate Its ALT season...

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Hi All, For a number of reasons, we have hit a strong resistance. My perception is that if we rally towards 7400 to 7600, we will have a BEARISH Div. implying this would be the top. If we do drop from here or above, I think 6900 will be the next stop. If we lose this, then it would be bad or good for some, and go down to the 5800 range. I am hoping we drop, so...

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Hi All, We have 2 formations, the micro level, an inverse H&S just played out. We also have the bullish scenario. Now how likely is the bigger formation to take place. The H&S or the Ascending Triangle. What is more likely now? Its a hypothesis and is not trading advice. I still have 7800 to 8100 target however I don't see it happening any time soon. Why,...

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Hi all, Just going to keep it short as its goal is to get its attention on the opportunity. Observation on TEZOS and BTC pairing: > The major trendline is intact; > On the 4 HRLY and DAILY chart, we can see a bullish divergence is forming on the RSI and on the 0.618 fib. level + major trend line\support line; > On the daily RSI and MACD we have convergence...

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Hi all, BTC looking bullish in the short term as it has a daily candle close above the daily 21 EMA. If this current candle also closes in 11 hrs above the 21 daily EMA, we then have an open and close daily candle above the 21 EMA and the 6400 mark....things are looking good. Hence time to look at the alts as well. It seems the movement of the BTC dominance is...

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Hi All, Looking at previous bottoms and other patterns, also looking at BTC, we are in a ranging area. The bottom should be tested x2 and the resistance should be tested x2. Regards, S.Sari

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Hi All, Looking at the daily chart from a number of prisms. a) Support levels b) Fib levels c) Moving Averages d) Fractal's, more specifically triangle formations on the bottom As you can see on the chart, I have aligned both the daily RSI with the Daily price action. What I noticed is the RSI has agreement with the 123 impulses. Note: The ABCDE triangle...

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Hi All, At times LINK has been strong during the year but when it drops, it capitulated more than most. Disappointing it was. When it rallies it rallies well. My perception is that, like BTC and if you look at many of the ALTS, have the similar ranging price action and many ALTs are doing better than LINK, eg, ADA while BTC moves sideways. Observations > RSI...

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Hi All, Note: I have this chart with the log setting switched off. I have 3 scenario's in play. 2 of them is what I'm leaning towards. 1 is a fake out (in red) 2 is a genuine bullish move (in black) The 3rd is a drop down from this current level when it hits the edge of this channel to the 6100 support due to a rising wedge. With this scenario, I see it less...

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Hi All, You can see the correlation. Question is, will the SP500 hold on this ema ribbon? 5 minutes later

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Hi All, With the news of the US Gov. and its Fed relief package of the printing press, to save the US economy has given confidence to the crypto people to buy in. However, this move in my mind is short term to bail out those who have stocks to be dumped at a higher price. Hence I will not go long, just keep raising my stop limits. When I looked around, nobody...

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Hi All, On Friday, the SPx500 and NASDAQ all closed with a negative momentum. (middle chart, weekly, right chart, daily) Come Monday, do you feel that this will continue or bounce? Looking at the right (daily) chart, the SPx500 didn't end well. I have BTC dropping to the next major support line, 5400 to 5500. For today, in the lower time frames, its bullish for...

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Hi All, The Australian dollar has reached its previous all time low in recent years against the USD. On the 8 hrly, there is a bullish divergence (being a double bottom) being formed which will likely give a nice bounce to about the 0.66 mark. The candle sticks also look positive at this level. I haven't looked at any other currencies but my guess would be that...